Altcoin Market Completes Highest Monthly Close Ever: What This Means For Alt ...
The crypto market’s next direction has spent recent weeks in uncertainty, with Bitcoin trading below $112,000 and large market cap altcoins moving in unclear directions. Nonetheless, beneath the short-term swings, a major technical shift is quietly unfolding in the altcoin market. According to analysis by crypto analyst CrypFlow, the total market capitalization of altcoins (excluding […]
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A record monthly close could be a harbinger of more profound price gains to come, according to analysts.
Bitcoin has seen a strong upsurge throughout the past few hours that allowed it to break above its previous $13,800 resistance level The selling pressure here has proven to be significant on multiple occasions throughout the past year, and today’s break above this level is extremely bullish One trader is now noting that the cryptocurrency is about to see its highest monthly close ever if it can hold above $13,863 A strong break above this […]
ETH hits all-time highs, giving altcoins their moment in the spotlight as Bitcoin consolidates just below its "worst case scenario" monthly close target. Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCoinbase BTC buyers step upData from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling overnight after briefly challenging $63,000.Friday saw strong performance after U.S. traditional markets opened, helping lift Bitcoin to near its minimum monthly close....
Bitcoin is just over one week away from the October monthly close, taking place on Halloween night. Although the night is known for candy, scarces, and tricks, if the leading cryptocurrency by market cap can close above $14,000, investors will be in for one heck of a treat. Bitcoin October Monthly Candle Close Could Result […]
Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […]