Bitcoin’s Power Play: BTC Maintaining Critical Chart Formation Sparks Upside ...
Bitcoin‘s potential for a significant upside move in the short term continues to gain traction as a positive price trend emerges on its daily chart. With upward momentum currently building, the much-anticipated next move will put the digital asset back above the pivotal $100,000 mark. A Bullish Price Breakout For Bitcoin On The Horizon? In […]
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Ethereum is quietly setting up for a potentially decisive move as the Libra formation remains active on the weekly chart. While confirmation is still pending, the structure has not been invalidated, keeping the upside scenario firmly on the table. With key resistance levels overhead and momentum beginning to stabilize, ETH may be entering a critical phase where the next major directional move starts to take shape. Weekly Libra Formation Keeps The Bullish Case Alive On the X platform, Kamile Uray highlighted that Ethereum is currently forming a Libra pattern on the weekly chart. With the....
Bitcoin must overcome a big hurdle at $52,000 for any chance to break new highs in the short term. Bitcoin's (BTC) price has been consolidating in the previous weeks as the sentiment and momentum have slowed to a crawl. That's very natural, as it's also impossible to throw a six every time. Therefore, consolidation and correction are necessary for the market to recharge before resuming the uptrend. Several reasons were given for such a corrective move in the previous weeks, the primary ones being whales selling in addition to macroeconomic factors, particularly the surge in Treasury....
The global distribution of hash power may shift as various factors come into play during Bitcoin’s continued growth.
Bitcoin delighted investors with a Christmas Eve surge, climbing from $92,300 to an intraday high of $99,400. The swift rally has reignited bullish sentiment as the price successfully held a critical demand level, signaling strength and positioning BTC to challenge the psychological $100,000 milestone. Market participants are now closely watching Bitcoin’s next move, anticipating continued momentum in the coming days. Related Reading: XRP Whales Keep Buying – Data Reveals Smart Money Prepares For A Rally Top analyst Carl Runefelt shared a compelling technical analysis on X, highlighting....
Bitcoin’s price is approaching a critical line, where the following direction of the trend is likely to be decided. Is it a rebound or a turn? Bitcoin’s price is in a rebound toward the downward trend. The fact that Bitcoin’s price didn’t fall lower and faster indicates that the bulls are holding it at the current level. There is always a chance for a turn. But for a more certain signal, this downward movement has to become a rebound, instead of the first downward wave. In that case, the bulls will win the advantage. The buyers will then have to fortify at the level of $418-19, thus....