Tags : Bulls

Bitcoin

Bitcoin faces ‘death cross’ if bulls don’t step up

Crypto YouTuber Lark Davis points out that Bitcoin is headed for a death cross “unless something changes soon.” At the current trajectory, the bearish technical pattern will occur in mid-June. Unless something changes soon for #bitcoin then we could be staring down a death cross in mid June!!! pic.twitter.com/K3pkvNrnPx — Lark Davis (@TheCryptoLark) June 4, […]Read More

Bitcoin

Bitcoin Bulls Risk Losing Uptrend Line From Sub-$20K

Bitcoin price is back under $57,000 after losing an important trend line that has supported the cryptocurrency’s now historic uptrend. The critical uptrend line began just after the leading cryptocurrency by market cap cracked back above $20,000 for the first time, and it never looked back since. Losing such a line, however, could lead to […]Read More

Market

Crypto media runs with the bulls as new entrants compete

New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard.  But why are they here to begin with? Much of the recent enthusiasm can be attributed to the vast and vociferous audience that’s been developed by […]Read More

Bitcoin

Bitcoin Bulls Take Control Ahead of $6bn Options Expiry; What

Bitcoin retained its intraday bullish bias Friday just ahead of its $6 billion options expiry. In retrospect, options are contracts that give traders the right to purchase or sell an asset at a specified price before a certain expiration date. Data on ByBt.com shows that there is over 100,000 BTC worth of options set to […]Read More

Market

Bitcoin price falls to $50K, but $6B options expiry can

The biggest-ever Bitcoin options expiry is due on March 26. Over $6 billion worth of Bitcoin (BTC) options will expire across exchanges on Friday, with a majority of these options being on Deribit. This will be a record expiry in terms of the value and number of options — a total of 100,400 Bitcoin options […]Read More

Bitcoin

Sorry Bulls, This Dangerous Bitcoin Fractal Cannot Be Unseen

Bitcoin price is back retesting its current all-time high above $58,000, but hasn’t been able to crack it just yet after a few attempts. However, a fractal found matching the 2019 rally has been discovered in the recent price action that simply cannot be unseen.  Here’s a closer look at the fractal itself, and what […]Read More

Bitcoin

Bitcoin Rising Wedge Pattern May Bring Trouble for Bulls; Drop

Bitcoin failed to shoot past $50,000 on Sunday despite a growing bullish sentiment towards the said upside target. Instead, the benchmark cryptocurrency alerted about a potential bearish reversal after forming what the technical chartists call a “Rising Wedge” pattern. The BTC/USD exchange rate inched higher in recent days while leaving behind a trail of higher […]Read More

Bitcoin

TD 9 Sell Triggers As Bulls Push Bitcoin Higher

Bitcoin price action has now spent a total of nine days in a short-term uptrend, capping off a bounce back to 2021 highs. The sequence of mostly green candles has now triggered and perfected a TD 9 sell setup on daily timeframes. However, the signal has repeatedly failed to yield results since the more dominant […]Read More

Bitcoin

Bulls Calls for a $2,000 Ethereum as It Hits Another

Ethereum reached another record level on Tuesday as traders assessed its limited supply against the euphoria surrounding the launch of ether futures on the Chicago Mercantile Exchange next week. The second-largest cryptocurrency almost hit the $1,700-level for the first time in history after rallying for almost eleven months that saw its price rising by more […]Read More

Bitcoin

This On-Chain Trend Suggests Bulls are About to Regain Control

Bulls have been struggling to gain decisive control of Bitcoin throughout the past few days and weeks This has resulted in it being quite heavy, with each rally being aggressively sold into as bears aim to push it back down to $30,000 Despite this, the crypto has been able to hold strong within the lower-$30,000 […]Read More