Diminishing Cycle Analysis That Forecasted Bitcoin Top Above $120,000 Has Set...

The cryptocurrency landscape is once again rife with speculation as Bitcoin traverses its current fourth halving cycle. Amidst varied predictions, renowned crypto analyst CryptoCon’s insights, grounded in the Gann Square methodology, the November 28 Halving Cycles theory, and the 5.3 Diminishing Returns theory have garnered significant attention. CryptoCon remarked via X (formerly Twitter) today, “The Gann Square predicts either $89,000 or $135,000 for the Bitcoin top this cycle.” He emphasized the accuracy of the Gann Square theory during previous cycles, pointing out....

November has kicked off on a negative note for crypto prices, with Bitcoin (BTC) briefly dipping toward $105,000 on Monday. This decline has sparked a renewed sense of bearish sentiment among investors, and experts caution that conditions could worsen in the coming days. November Deadline Approaches Market expert CryptoBirb recently expressed concerns on social media platform X (formerly Twitter), noting that the market is already ten days into a bearish cycle. According to CryptoBirb, diving into on-chain data, the more alarming the picture appears. Related Reading: Solana Price Drops....

Bitcoin has consolidated in a tight $1,000 range since the start of September, at least until recently. The leading crypto-asset is in the midst of a breakout that has brought it as high as $11,500. As of this article’s writing, Bitcoin trades for $11,350, around 5% above where it was yesterday. Crucial market cycle analysis suggests that the crypto market has room to grow from here. The analysis suggests that within the next three months, […]

Ethereum price climbed higher towards the $14.00 level as forecasted. However, there was a bearish pressure noted taking the price down. Intraday Support Level may be $11.80. Intraday Resistance Level can be $13.50. Ethereum price had a good upside run during the starting sessions yesterday as forecasted, as the price even traded close to the $14.00 level as forecasted. However, there sellers around the stated level, which pushed the price down. Currently, there is a bearish trend line forming on the hourly chart (data feed via Kraken), which is acting as a barrier and pushing the price....

Key Highlights. Dogecoin price broke an important triangle as forecasted in Yesterday's analysis. Downside momentum was limited, which creates a risk of a false break. 0 Satoshis is an immediate support, which must hold if the recent break is a false one. Dogecoin sellers cleared a critical support, but failed to gain pace, which is a worrying sign in the near term. Downside Continuation Likely. We highlighted atriangle pattern on the hourly chart of Dogecoin Yesterday, which was breached later during the day as forecasted. However, the break was not convincing, as there was no follow....