Day: January 23, 2025

Ethereum Bears Emerge: Is a Deeper Pullback Coming?

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Ethereum price is struggling below the $3,400 resistance. ETH is showing a few bearish signs and might decline below the $3,150 support. Ethereum failed to gain pace for a close above $3,350 and $3,400. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support at $3,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it stays above the $3,120 support level. Ethereum Price Breaks Support Ethereum price started…

Bitcoin Profit-Taking Drops 93% From December Peak – What’s Next For BTC?

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Este artículo también está disponible en español. After testing the low $90,000 price level multiple times over the past two months, Bitcoin (BTC) briefly broke out of its tight trading range earlier this week, reaching a new all-time high (ATH) of $108,786. However, a recent report by Glassnode suggests that the sustained consolidation observed in recent months may be nearing its end, with the leading cryptocurrency primed for its next significant move. Bitcoin Profit-Taking Declines Sharply According to the latest edition of Glassnode’s ‘The Week On-Chain Report,’ BTC profit-taking volumes…

Can Bulls Defend Key Levels?

Este artículo también está disponible en español. Bitcoin price struggled to clear the $107,200 resistance zone. BTC is correcting gains and might revisit the $100,000 support zone. Bitcoin started a downside correction from the $107,200 zone. The price is trading below $104,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $103,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,500 support zone. Bitcoin Price Dips…

Bitcoin Price Aims For $150,000-$170,000 With Wave Formation, Here Are The Details

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Este artículo también está disponible en español. The Bitcoin price has shown a bullish pattern that could cause it to rally to between $150,000 and $170,000. Crypto analyst Gert van Lagen revealed how this could happen and what could come next after this price surge.  Bitcoin Price To Rally To As High As $170,000 Following Wave Formation The Bitcoin price is set to rally to as high as $170,000 following a wave formation. In an X post, Gert van Lagen revealed that Bitcoin had confirmed blow-off wave 5 within the…

Bitcoin To $122K Next Month? Research Predicts Big Move

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Este artículo también está disponible en español. Many analysts are ruminating on the next significant milestone, as the remarkable price increase of Bitcoin has captivated the market’s attention. A research company, 10x Research, predicts thatthe alpha coin could reach $122,000 by February. Although this may appear to be an ambitious goal, it is consistent with the optimistic perspective of numerous experts who have observed Bitcoin’s capacity to surpass critical price thresholds since the approval of Bitcoin ETFs. Related Reading Bitcoin: Robust Momentum The momentum of Bitcoin is undeniable. In recent…

Bitcoin-Backed Internet is here – LayerEdge Launches It’s Incentivized Testnet

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PRESS RELEASE. Following the success of its Devnet phase, LayerEdge proudly announces the launch of its Incentivized Testnet, marking a major milestone in the mission to build a Bitcoin-backed internet. The Testnet advances LayerEdge’s vision of extending Bitcoin’s unparalleled security guarantees through groundbreaking technology and a modular approach to trust-minimized verification. Devnet Highlights The Devnet […] Original