A closely followed crypto analyst says one key metric indicates Bitcoin (BTC) may have a hard time breaking out anytime soon.
Bitcoin Rainbow Chart suggests that by the end of February, BTC is likely to either remain in the ‘HODL!’ zone or drift ...
According to him, Bitcoin charts tend to evolve unpredictably ... This breakout led to a new pullback pattern, highlighted by a green circle, and shows a trend observed in late 2023 before ...
A chart of liquidity ... “The confluent support area (green circle) has indeed acted as a floor that has enabled consolidation within the $101k-$106k range. Bitcoin is once again challenging ...
Cryptocurrency custody firm BitGo is the latest digital asset firm to announce plans to hold an initial public offering (IPO) this ...
But analysis can be rewarding. If you're holding or planning to buy Bitcoin (CRYPTO: BTC), there's a chart you need to see and understand. Bitcoin is a financial asset. While it's true that in the ...
A break above $108,000 could confirm a bullish breakout, while prolonged consolidation may keep BTC range-bound until broader ...
But this cloud has a silver lining. Check out these charts: Look closely at the correlation, and then look at what the price of Bitcoin is doing at times when the correlation is at its lowest.