Tag: Rally

Bitcoin Funding Rate Flips Again And History Says A Rally Is Around The Corner

boss

Bitcoin’s price has declined slightly following recent gains, falling 2.3% over the past 24 hours to trade at approximately $107,205. This latest movement places the asset 4.1% below its all-time high of over $111,000 recorded last month. Despite the short-term dip, some analysts see familiar signs in derivatives data that could point to the next phase of market movement. Funding Rate Rebounds Signal Potential Upside for Bitcoin According to recent insights shared by on-chain analyst “nino” on CryptoQuant’s QuickTake platform, Bitcoin may be repeating a funding rate pattern that has…

SOL Rally To $200 Possible As ETF Approval Odds Rise

boss

Key takeaways: SOL’s futures open interest surged to a 2-year high, reflecting growing institutional interest. Rising competition from other blockchains and neutral funding rates continue to dampen SOL’s bullish momentum. Solana’s SOL (SOL) failed to hold its bullish momentum after gaining 10% between Monday and Thursday. The cryptocurrency has shown weakness after testing the $180 level several times in May, but traders’ growing interest in leveraged positions could open the path to $200 and beyond. SOL futures aggregate open interest, SOL. Source: CoinGlass On Wednesday, total open interest on SOL…

Ethereum Repeats History – Key Support Holds Again Ahead Of Potential Rally

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is at a critical juncture after breaking above key resistance but failing to sustain momentum toward the psychological $3,000 level. The recent surge brought optimism to the market, yet ETH has now pulled back slightly,…

rally to $111k likely as soft CPI print fuels rate cut talks

Bitcoin is entering a period of volatility, as macro effects align for a short-term rally to $111,000, according to Bitfinex Head of Derivatives Jag Kooner. Macro factors, including a potential U.S.– China trade deal and cooler-than-expected inflation figures, are aligning to support another Bitcoin (BTC) ally. On Wednesday, June 11, Jag Kooner, Head of Derivatives at Bitfinex, shared his insights on Bitcoin with crypto.news. Kooner believes that a possible agreement between the U.S. and China could help reduce uncertainty and boost market sentiment. However, he noted that the optimism may…

Bitcoin Price Fails at $110K—Is the Rally Running Out of Steam?

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin price started a fresh increase above the $107,500 zone. BTC is now struggling to clear $110,500 and might correct some gains. Bitcoin started a fresh upward move above the $108,000 zone. The price is trading…

Myria token jumps as crypto market bounces in Bitcoin-led rally 

boss

The recent uptrend in the crypto market has injected fresh momentum into a wide range of assets. While Bitcoin (BTC) set the tone, some assets seized the spotlight to deliver standout performances, and among them was Myria (MYRIA). Myria (MYRIA), the native token of the Ethereum-based Layer-2 gaming platform, emerged as one of the top gainers during the latest crypto market uptick, soaring by 50% yesterday and up 5% in the past 24 hours. The surge brought the token to $0.00184, marking a 199.2% increase from its yearly low of…

Why Bitcoin Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has returned to an upward trajectory, with the asset posting a 1.7% gain in the last 24 hours to reach $109,505. This marks a 4% increase in the past week, placing the cryptocurrency less than…

Bitcoin fractal, boost in HODLers hints at rally to $120K

boss

Key takeaways: Bitcoin’s Doji candle and a bullish chart fractal hint at a rally to $120,000. Bitcoin HODLers are absorbing freshly sold BTC, a historically bullish sign for its price. Bitcoin (BTC) price broke out from a descending trendline pattern after forming a local bottom at $100,300 on June 6, and now the asset looks set to retest its all-time high. Bitcoin 4-hour chart. Source: Cointelegraph/TradingView On the weekly chart, a Doji candle has emerged, absorbing the sell-side liquidity accumulated over the past three weeks. Characterized by a small body…

Bitcoin above $100k could spark institutional altcoin rally: MEXC

boss

Wall Street has now set its sights on altcoins, and inflows could follow if Bitcoin holds above a key level, says MEXC COO. Recent crypto IPOs and treasury announcements highlight growing institutional interest in Bitcoin (BTC). This demand could soon extend to proven, low-volatility altcoins, according to Tracy Jin, COO of MEXC, who spoke with crypto.news. However, such a shift will largely depend on whether Bitcoin maintains strength above a critical threshold. “Capital markets are reopening to digital asset firms with credible models, while financial engineering — like Strategy’s hybrid…

Bitcoin Price Volatility Looms Ahead of CPI Data, but BTC $140K Rally Possible.

boss

Key takeaways: Bitcoin price may dip toward the $100,000-$104,000 range before new highs. CPI data on June 11 could trigger volatility, with higher inflation hurting Bitcoin. BTC is forming bullish cup-and-handle and bull flag patterns targeting $140,000. After last week’s volatility fueled by the Trump-Musk public breakup, Bitcoin (BTC) price has established a range between $103,800 and $106,900 over the last three days. With BTC failing to demonstrate a clear directional bias in the daily time frame, analysts said the price may dip lower before reaching new all-time highs. Will…