Expect 30% Pullback in Bitcoin Market, Analyst Warns

The price of Bitcoin dropped below $16,400 on the day following a massive short-term correction. On-chain analyst Willy Woo attributed the pullback to an overheated bull run. Before the pullback happened, the Bitcoin derivatives market showed signs of extreme buyer demand. The market was dominated by buyers and long contract holders, leaving BTC vulnerable to […]

Bitcoin and the aggregated crypto market have been consolidating throughout the past few days and weeks, with the recent selloff not striking a blow to the market’s structure Where the entire market trends next will depend largely on whether or not buyers or sellers can take firm control of BTC’s price action One trader is now noting that he does expect BTC to see a cooldown throughout the rest of the year He expects the […]

Crypto analyst Klejdi has assured that the XRP bullish structure remains intact despite the recent pullback. The analyst indicated that the pullback is part of the bigger picture, while highlighting three targets the altcoin could hit once it reverses to the upside.  XRP Bullish Breakout Still On The Horizon In a TradingView post, Klejdi suggested […]

Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.

Crypto analyst XForce has commented on the recent XRP price pullback, claiming that this price correction is part of the plan as the altcoin eyes a historic breakout. The analyst predicts that XRP can reach double digits when this breakout happens.  XRP Price Pullback Part Of Plan For Historic Breakout To $10 In an X post, XForce indicated that the recent XRP price correction is part of the plan for the historic breakout to $10. He stated that he has been calling for this exact pullback for months and remarked that the altcoin is inching closer to a historic breakout to $10. The analyst....