Bitcoin has once again captured market attention after surging beyond a key technical formation, igniting a fresh wave of bullish forecasts. A breakout from a textbook bull flag pattern has analysts pointing to a potential price target of $144,000, backed by a blend of technical signals, market imbalances, and historical parallels. The recent price action […]
CryptoAnalysis
Bitcoin Eyes Breakout As Liquidity Builds Around The Critical $109K Level
Bitcoin is entering a critical phase, with price action hovering near a dense liquidity zone that could serve as the launchpad for its next explosive move. According to prominent crypto analyst Merlijn The Trader, what may appear as overhead resistance is acting more like a magnet, drawing price action upward. In a recent market update, […]
Dogecoin at a Crossroads: Breakdown or Breakout?
Dogecoin’s open trading activity keeps dropping, which leads investors to worry about its future as a meme digital currency. The market data shows DOGE will probably keep going down if the present movement keeps going. Coinglass data reveals that the pending derivative stakes for Dogecoin reached $1.57 billion on January 31 yet returned to $5.42 […]
Bitcoin’s Surge To $27,000: Eyes On $30,000 Amid US Shutdown Uncertainty
In a surprising turn of events, Bitcoin has surged to an impressive $27,000 as the impending U.S. government shutdown on October 1 looms. Market analysts speculate that if the shutdown does occur, BTC’s price could soar even higher, potentially breaching the $30,000 mark. Renowned crypto analyst Rekt Capital has highlighted the next 140 days leading […]