Bitcoin Price Could Visit $43K Before Next Bull Market — Here’s How
For the first time in nearly two months, the Bitcoin price had a sustained run above the psychological $70,000 level over the past week. However, the increased likelihood of potential interest rate hikes by the US Federal Reserve on Friday, March 20, seems to have elevated market apprehension. Interestingly, an on-chain evaluation suggests that the Bitcoin price was always destined for another round of downside movement — this time below the $50,000 level. Is BTC Price Preparing For Another Leg Down? In a Friday post on the X platform, crypto analyst Ali Martinez shared an on-chain insight....
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Bitcoin price nearly set a new higher high and confirmed a bull trend. But before the leading cryptocurrency by market cap could set a new peak, a popular trading indicator might have jumped the gun and confirmed the bull market. The rare reading on the Relative Strength Index has only happened a grand total of […]
Crypto analyst KrissPax has revealed that the Dogecoin price has completed the first part of its bull phase, similar to what happened in the 2021 bull run. The analyst further provided insights into what is to come next for Dogecoin. Dogecoin Price Completes First Bull Phase In an X post, KrissPax mentioned that the Dogecoin price has completed its first up-phase this bull cycle, similar to the 2021 and 2017 bull runs. He noted that those previous cycles recorded two additional up-phases with huge percentage gains. Based on this, Dogecoin could record two more up-phases before its price....
Bitcoin prices could undergo an aggressive bull run in the coming sessions, with their upside price targets lurking anywhere between $60,000 and $64,000.
Over the years, a number of indicators have emerged that have often helped to pinpoint the Bitcoin bull market peak. These indicators have been triggered in previous cycles, and their triggers have often been a signal that it was time to get out of the market, as a new bear market is underway. However, this time around, even with the Bitcoin price hitting multiple new all-time highs, none of these cycle peak indicators have been triggered, suggesting that the market top has yet to be reached. 0 Out Of 30 Bull Market Peak Indicators Triggered The Bull Market Peak Indicator tracker on the....
CNBC’s Brian Kelly builds the Bitcoin bull case by referencing a divergent metric that, in the past, foreran the calm before a price storm. Uncertainty reigns, and market sentiment is extremely fearful. As such, the narrative of a return to crypto winter is strong. However, Kelly’s analysis leads him to believe it’s time to buckle […]