Posts

Showing posts with the label bull cycle

Technical analyst maps out Bitcoin’s price roadmap to $200,000

Image
Bitcoin’s (BTC) price action in early 2025 has left investors uncertain, with February marked by a month-long consolidation. The market, which initially expected an aggressive breakout at the start of the year, is now weighing the possibility of an impending bear phase. However, long-term technical Analysis of Bitcoin’s price cycles suggests that BTC remains on track to reach a new all-time high of $200,000, as observed by TradingShot in his recent Analysis on TradingView .  Despite short-term weakness, historical cycle patterns indicate that BTC’s broader trajectory remains bullish. Picks for you Warren Buffett letter warns U.S. on the verge of 'fiscal folly' that could wipe out USD 45 mins ago Bybit invests $1 million in Ethic...

Crypto Trader Says Solana Rival Could Surge by 30%, Updates Outlook on Bitcoin, Polygon and Aave

Image
A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets. In a new strategy session, crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that one key metric is flashing a buy signal for SUI, the native crypto asset of layer-1 blockchain and smart contract platform Sui Network. “The TD Sequential presented a buy signal on the SUI weekly chart. A sustained close above the 50-week moving average could trigger a 30% upswing to $1.20!” Source: Ali Martinez/X The Tom DeMark (TD) Sequential Indicator is a metric used by traders to predict points of reversal for the price of an asset. SUI is trading for $0.843 at time of writing, a fractional increase during the last 24 hours. Moving on to decentralized finance (DeFi) protocol Aave (AAVE), Martinez says the altcoin could face a 27% correction as it tends to dip after...