Bitcoin Technical Analysis: Inverse Head and Shoulders Pattern Suggests Bullish Reversal
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On Wednesday, via the 1-hour chart, bitcoin is forming a potential inverse head and shoulders pattern around the $61,500 level. If confirmed…
Crypto’s Stagnant Summer: Analysts Say ‘Boring’ Markets May Set Stage for Eventual Price Surge
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In the past week and a half, the crypto markets have shown a bearish trend, suggesting that the summer slowdown is underway….
Exploring Crypto’s Most Expensive Assets: The 5, 4, and 3-Digit Clubs
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Throughout bitcoin’s history, the leading crypto asset has traded at five digits per unit for over 28% of its time. In 2022…
Analyst Outlines Tough Conditions for a ‘Face Melting’ Altcoin Season Rally
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The landscape for altcoins appears notably bleak, with most experiencing consistent declines since March and with bitcoin’s dominance escalating, it diminishes the…
Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
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Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it…
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
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While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous…