Bitcoin rally to $64.4K proves bullish chart pattern is ‘locked in’ — Analyst
Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows.
Bitcoin’s rally above $64,000 reinforced a recently established trend change and “locked in” a bullish pattern of higher price lows.
Original source
Read on CointelegraphRelated market context
Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
TL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX...
Standard Chartered analyst says Bitcoin hits bottom at $59K, ending crypto winter
Bitcoin's bottom at $59K signals potential market recovery, encouraging investors to monitor ETF flows, corporate buys, and oil pr...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
Senior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts endin...
Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?
On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have t...