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Showing posts with the label strong

Bitcoin ready for ‘sudden and very strong drop,’ expert sets BTC price bottom

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Following Bitcoin’s (BTC) ongoing attempts to establish its price above the $65,000 support zone, a trading expert believes that technical analysis points to a more bearish scenario. In a TradingView post on June 18, the expert, Alan Santana , noted that Bitcoin has faced a “strong rejection,” setting the tone for a bearish trend. Santana highlighted a double top pattern formed on May 21 and again in early June. This pattern typically signals a reversal from a bullish to a bearish trend, further reinforcing Bitcoin’s negative outlook. Picks for you Bearish: Wall Street sells Bitcoin as ETFs register four days of outflows 3 mins ago Revealed: The next Bitcoin cycle top 42 mins ago ...

Brace for strong DOGE surge; Here’s why

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Dogecoin (DOGE), the leading meme cryptocurrency by market capitalization, is poised to emerge as one of the top-performing digital assets in 2024 after days of continued gains closely aligning with bullish sentiments prevailing in the overall market. DOGE currently displays the potential of a sustained bullish breakout, supported by technical indicators. Notably, the token has recently witnessed a bullish cross between the 50-week Moving Average (MA) and the 100-week Moving Average, indicating a potential uptrend. Regarding the next price action, cryptocurrency analyst CredibleCrypto , on March 1, observed that DOGE could be preparing to sustain its gains after the token reclaimed lost lows.  Picked for you How much will MicroStrategy stock be worth if Bitcoin hits $100,000? 22 hours ago How rich is the founder of MicroStrategy: Michael Saylor's net worth revealed 23 hours ago Explosive growth uncovered: The blockchain stock that's quietly outpe...