Major Catalysts To Watch Out For That Could Send Bitcoin Price To $90,000

Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s bitcoin price watch analysis, our primary focus was a tight range, and a strategy that involved using some scalp breakout targets to take advantage of that range. We noted that given recent action (volatile, but only short term, and only on the smaller time frames) we would likely need to maintain this type of scalp strategy for the foreseeable future – at least until things picked up fundamentally. We haven’t really had any major fundamental catalysts as late, and this has translated to some....

XRP ended April with momentum, posting gains of roughly 9.4% over the month. Still, the bigger question for traders is whether the next leg can come faster—and push the altcoin beyond the narrow consolidation zone that has defined much of its recent trading.  According to market expert Sam Daodu, May has unusually strong timing and catalysts stacked together that could lift XRP to price levels not seen since the start of the year, especially if a key piece of US crypto legislation progresses as expected. May Catalyst Watch Daodu points to a current consolidation range for XRP between $1.30....

After the market crash, the Dogecoin price suffered a decline to $0.2, which presented as a perfect opportunity for whales to get back in action. With the momentum rising for the meme coin, there are a number of factors that have been presented that suggest the price could more than double soon. Pseudonymous crypto analyst ProjectSyndicate highlights these catalysts in an analysis, showing what will drive the Dogecoin price to new yearly peaks. But First, A Retest Of The Reload Zone? Just like other digital assets in the space, Dogecoin features a low reload zone with lots of support that....

There have been a few fundamental catalysts that have added strength to bitcoin this week, and these are likely to slow down over the weekend. After a solid week of gains in the bitcoin price, we are seeing some choppy action come about as we head into the weekend. This isn’t necessarily a bad thing – the opportunity to get in on some volatility means we can pick up a decent entry – but it makes things a little more complicated than the step up approach we have been using for the past few days. There have been a few fundamental catalysts that have added strength to bitcoin this week, and....

Here's how we are shifting our range to take advantage of some intrarange action in the bitcoin price today. It’s Wednesday, and we can safely say that action in the bitcoin price, at leas on an intraday basis, has been nothing special so far this week. Things have remained relatively flat on very little fundamental updates, and a solid lack of catalysts has rendered our breakout strategy pretty ineffective. In order to take a profit from the market according to our strategy, we need two things. The first, a break in either direct, and a close above of below the level we slate as the one....