Technical Analysis

The co-founder of BitMEX, Arthur Hayes, recently shared a pessimistic prediction for the immediate future of the Bitcoin price. He hinted at a potential drop below $50,000, indicating that he had taken a short position in the market. This forecast has raised concerns among investors and traders, as Hayes is known for his accurate market
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The Ethereum price has been a topic of concern for many traders and investors in recent months. The current bearish trend that Ethereum finds itself in has left many disappointed, especially after the hype surrounding the launch of Spot Ethereum ETFs. However, taking a closer look at the technical analysis and historical price movements of
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Cryptocurrency analyst @XForceGlobal recently shared a video chart analysis focusing on Cardano (ADA), a digital asset that some are referring to as a “dinosaur coin” in the current market landscape. The analysis delves into Cardano’s position within the Elliott Wave cycle, suggesting a potential strong upward trajectory in the near future. XForceGlobal drew comparisons between
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Meet Ronaldo, a seasoned crypto enthusiast with a relentless dedication to the ever-evolving industry. His journey began with a mere spark of curiosity, which quickly transformed into a deep passion for unraveling the intricacies of cryptocurrencies. With over five years of extensive research under his belt, Ronaldo has developed a unique perspective on the world
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Peter Brandt, a veteran crypto analyst, recently identified an inverted or expanding triangle pattern in Bitcoin’s price chart. This technical pattern formation has raised questions and sparked discussions within the crypto community. Let’s delve deeper into Brandt’s analysis and assess the implications of this pattern on Bitcoin’s price trajectory. Brandt highlighted the unique pattern formation
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Recent predictions by crypto trader Peter Brandt have sparked optimism within the crypto community. Brandt boldly predicts that Bitcoin could soar to new all-time highs of $90,000, despite the recent downtrend in the cryptocurrency’s price. Brandt’s approach to analyzing the market focuses on possibilities rather than probabilities or certainties. By avoiding over-dependence on assumptions, Brandt
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