Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks

Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at… Continue reading Bitcoin Price Poised for a Fresh Rally, Unless This Level Breaks

Solana Posts More Net Inflows Than All Major Chains Combined: When Will SOL Break $160?

Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for. Despite the upside momentum in September, Solana buyers didn’t lift prices above this line. At press time, there is a local double top,… Continue reading Solana Posts More Net Inflows Than All Major Chains Combined: When Will SOL Break $160?

Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

Crypto trading firm QCP Capital says the “shallow sell-off” in crypto markets following Iran’s recent attack on Israel indicates healthy market demand for risk-on assets. Crypto Market Remains Well Bid For Risk Assets Despite Iran launching over 180 missiles toward Israel yesterday, the sell-off in traditional financial (TradFi) assets was relatively muted. The S&P 500… Continue reading Crypto Market’s “Shallow Sell-Off” Indicative Of Strong Bid For Risk Assets: Trading Firm

Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5?

Despite the green September close, Bitcoin (BTC) and the rest of the market faced another bloodbath as October started. The flagship crypto saw a 7% decline, fueling a bearish sentiment among investors. However, most analysts remain optimistic about BTC’s performance in the next three months. Is This The ‘Shakeout Before Breakout’? The market began the… Continue reading Analysts Unfazed By Bitcoin (BTC) Drop, But Should We Fear October 5?