Bitcoin RSI Targets Daily Retest That Triggered 2024 Price Rally, What Happened Last Time
Crypto analyst Rekt Capital recently discussed the Bitcoin price action and provided insights into the flagship crypto’s future trajectory. Specifically, he alluded to BTC’s RSI, which is showing a similar pattern to last year, just before the rally to new highs. Bitcoin’s RSI Targeting Daily Retest That Triggered 2024 Price Rally In an daily RSI…
Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally
The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating. Although the Fear & Greed Index is still in the fear zone, the Bitcoin price is now slowly pushing back toward $90,000, which has been slowly changing the sentiment among altcoins. Rekt Capital, an influential analyst…
Bitcoin Price Suffers Bearish Deviation After Filling CME Gap, Is This Good Or Bad?
The Bitcoin price is struggling to recover from recent declines, as the market downtrend has kept it significantly below the $100,000 mark. Amidst this volatility, Bitcoin is experiencing a bearish deviation that is filling a new Chicago Mercantile (CME) Gap. This has triggered a fresh prediction from a crypto analyst who believes that the pioneer…
Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important
A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter),…
Why The Bitcoin Dominance Reaching 71% Is Important For Altcoin Season To Begin
Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market. At the time of writing, awaiting an altcoin season. Reaching 71% Is Critical For An Altcoin Season The Bitcoin dominance chart, which tracks Bitcoin’s market capitalization in relation to…
Polkadot (DOT) Must Retest Crucial Support To Sustain Uptrend – Details
Amidst the recent euphoria around the cryptocurrency market, Polkadot (DOT) has stood out as one of the best-performing assets, notching a 107.5% price gain in the last 30 days. The prominent crypto asset recently surged to $8.81, representing its highest price point in the past five months. However, as the Polkadot market remains ravaged with…