Bitcoin price reclaims $70K amidst short liquidations and ETF inflows, will it break out?

Bitcoin price rebounded to an intraday high of $71,850 on Monday after it reclaimed the $70,000 psychological support amid a spike in short liquidations and a fresh macro catalyst. Summary Bitcoin price rallied to nearly $72,000 on Monday morning. Bitcoin ETFs ended their 3-day outflow trend with $371 million in inflows. Technical indicators hint at a bearish outlook for BTC price in the short term. According to data from crypto.news, Bitcoin (BTC) surged back above the $70,000 psychological support level late Sunday before pushing higher to a daily high of…

XRP Price Above $1.50 Could Flip Sentiment And Fuel Recovery

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Builds Tension Below Resistance, Breakout Risk Rising

Ethereum price started a recovery wave above $2,000. ETH is now consolidating and eyeing an upside break above the $2,120 resistance. Ethereum managed to stay above $1,880 and recovered some losses. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 zone. Ethereum Price Faces Resistance Ethereum price managed to form a base…

Bitcoin Price Cools Above $70K, Breakout Battle Near $72K Looms

Bitcoin price started a recovery wave from $60,000. BTC is now consolidating gains above $70,000 and faces hurdles near the $72,000 zone. Bitcoin is attempting to recover but is struggling to clear hurdles. The price is trading above $70,000 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $69,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,500 and $67,200 levels. Bitcoin Price Holds Support Bitcoin…

Bitcoin Bear Market Comparison Sparks New $50,000 BTC Price Prediction

Bitcoin (BTC) gained up to 3% Sunday, but some traders refused to believe that the BTC price crash was over. Key points: Bitcoin price comparisons warn that new macro lows are due if the 2022 bear market continues to repeat. Moving averages and the cost basis of the US spot Bitcoin ETFs are in focus. Analysis says that a carbon copy of 2022 is not a certainty. Bitcoin capitulation โ€œhasnโ€™t happened yetโ€ Data from TradingView showed BTC/USD crossing $71,000, now up 20% versus Fridayโ€™s 15-month lows. BTC/USD one-hour chart. Source:…

XRP Price Has Just Reached Most Oversold Level In History And This Analyst Is Predicting A Bounce

The XRP price has hit oversold levels, marking its lowest readings in history. A crypto analyst has reported that each time XRP has reached these levels, a price bounce has followed. Based on this, he believes that XRP could be on the verge of another major rebound, projecting a potential rally above $2.ย  XRP Price Sinks To Oversold Levels Ahead Of Rebound A crypto market analyst known as โ€˜Ripple Bull Winkleโ€™ on X has outlined a short-term bullish outlook for XRP. Despite consistently breaking key support levels and now trading…

Ethereum Price Is Not Going To Keep Falling Forever, Analyst Tells Investors

Ethereumโ€™s recent sell-off has weighed heavily on sentiment after the price fell below the $2,000 level and pulled much of the altcoin market lower alongside it. The move has caused sweeping fear and caution among Ethereum traders. However, some analysts are of the notion that a bullish upside will roll in soon.ย  In a post shared on X, crypto analyst ChainHub said the current conditions point more toward exhaustion, and after massive downside comes massive upside. Related Reading ETHBTC Structure Holds ChainHub emphasized that the ETH/BTC pair is still technically…

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IMP : BITCOIN BOTTOM IS CLOSE ? || BITGET PAUSE NEW SIGN UPS

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Can Solana Price Still Reach A New All-Time High After Crashing To 2-Year Lows?

Market expert Umair Crypto has released an updated technical analysis on the Solana price from last week. In his new report, the analyst highlighted that Solanaโ€™s market structure still remains decisively bearish, especially after its recent crash to two-year lows. Despite the downtrend, Umair Crypto believes that Solana could still build enough momentum to reach higher levels. He has shared multiple bullish and a few bearish targets for the cryptocurrency, depending on its next price movements.ย  Solana Price Faces Sharp Downtrend Amid Key Support Losses In his recent X post,…