As Bitcoin (BTC) continues to trade in the high $100,000 range after the October 9 crypto market crash, some bullish signals are starting to emerge. Notably, stablecoin reserves on leading crypto exchanges like Binance are entering all-time high (ATH) territory, signaling a potential rally for BTC. Stablecoin Reserves Rising – Will Bitcoin Benefit? According to […]
Bitcoin’s weekly chart is at a crucial point, with price action hovering around key structural levels. Traders are now wondering whether the current move marks the start of a deeper correction or just a healthy consolidation before the next move higher. Elliott Wave Signals Correspond to Developing Correction Elliott Waves Academy, in its latest analysis […]
After hitting a new all-time high (ATH) of $126,199 on Binance, Bitcoin (BTC) is now consolidating in the low $120,000 range. The latest stock market data – such as the Cumulative Volume Delta (CVD) Confirmation Score – suggests that BTC is benefiting from strong underlying demand. CVD confirmation shows strong demand for Bitcoin According to […]
Crypto analyst PlanB has explained why the Bitcoin price should never fall below $100,000 again. This is because market participants continue to speculate on whether the flagship crypto could fall below this psychological level if a full-blown bear market were to emerge. Bitcoin price has probably turned $100,000 into support PlanB stated in a X […]