[Forum Announcement] Bullish Signal Emerges: Bitcoin’s MACD Flash Could Trigger Vertical Surge, Analyst Suggests
A prominent cryptocurrency analyst, CryptoBullet, suggests that Bitcoin's price could soon surge as the weekly moving average convergence/divergence (MACD) indicator has flashed a bullish signal for the first time in a year. The analyst compares the current chart to that of 2021 and envisions a new all-time high in the near future. Meanwhile, Bitco
[Forum Announcement] Chainlink Holders Accumulating Amid CCIP Upgrade: Is A LINK Breakout Imminent?
Chainlink is the leading middleware, linking on-chain dapps with external data securely. While the platform is critical in many crypto sectors, especially DeFi, LINK has recently struggled for momentum.
[Forum Announcement] Bitcoin Bounces Back Above $67,000 as Traders Navigate ‘Liquidity Hunt’ Post-Surge
Bitcoin's price has rebounded from a ten-day low. Traders are attempting to determine a short-term direction amid a “liquidity hunt” after last week's surge. The asset is currently trading around $67,500 after dropping to $65,160 on Thursday. Bitcoin breached $69,000 on Sunday. Some experts think this week's price drop may be short-lived. A liq
[Forum Announcement] Bitcoin Price Shatters 7-Month Consolidation with Whale Influx
In a recent tweet, crypto analyst GertvanLagen revealed that Bitcoin’s price formed a cup and handle pattern similar to the S&P 500 index and Gold’s development before hitting their new high. The three charts showed a similar saucer-shaped recovery and a temporary pullback before triggering a massive rally. Theoretically, the chart setup shows
[Forum Announcement] Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Electric car manufacturer Tesla likely still owns its entire Bitcoin stash worth $780 million despite transferring all the funds to unidentified wallets on Oct. 15, according to a blockchain analytics firm. “We believe that the Tesla wallet movements that we reported on last week were wallet rotations with the Bitcoin still owned by Tesla,” A
[Forum Announcement] Bitcoin Accumulation Addresses Now Hold $194 Billion in BTC as Long-Term Investors Stack Sats at Unprecedented Pace
2024 CryptoQuant report shows that some addresses that have "never had a Bitcoin outflow" are currently accumulating Bitcoin at an unprecedented pace. Currently, these addresses hold 2.9 million bitcoins, worth about $194 billion at the time of writing. At the beginning of the year, the total amount of bitcoins in "Bitcoin accumulation addresses" w
[Forum Announcement] Bitcoin Price Corrects Some Gains: A Pause Before the Next Move?
Bitcoin price extended gains above the $69,200 resistance zone. BTC is now correcting gains and trading near the $67,500 pivot level. Bitcoin struggled to test the $70,000 resistance zone and corrected some gains. The price is trading below $68,500 and the 100 hourly Simple moving average. There was a break below key contracting triangle with supp
[Forum Announcement] Solana Could ‘Go Parabolic’ Starting Today – Analyst Sets $370 Target
Solana has broken above the $160 resistance level, signaling a confirmed uptrend and exciting investors. Analyst Carl Runefelt predicts Solana could reach $370 in the coming months as it breaks above its current high timeframe bullish pattern. The altcoin is on the verge of a rally, potentially reaching yearly or all-time highs. Solana is breaking
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