Tag: Bullish

Bitcoin price sets up for an explosive move as ADA, XLM, AAVE and CFX turn bullish

Rakesh Upadhyay

The long weekend has not produced any fireworks in Bitcoin (BTC) price, which continues to trade inside an ever-narrowing range. Bitcoin is on track to form a third consecutive Doji candlestick pattern on the weekly chart. This suggests that the Bitcoin bulls and the bears are not clear about the next directional move. It is not only Bitcoin that is stuck inside a range. On April 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments, tweeted that the S&P 500 Index had been stuck inside a range…

Bitcoin’s bullish price action continues to bolster rallies in FIL, OKB, VET and RPL

Rakesh Upadhyay

The Dow Jones Industrial Average fell for the third consecutive week but Bitcoin (BTC) price decoupled and is on track to close the week near the strong overhead resistance at $25,211. This suggests that the wider crypto market recovery is on a strong footing. After Bitcoin’s sharp rally from the lows, analysts remain divided in their opinion about the next move. Some traders believe that the current Bitcoin rally will turn down once again, but others expect the momentum to continue, indicating the start of a new bull phase. Crypto…

Bill Gates is meh on Web 3 and the metaverse, but bullish on AI

Anthony B

In a Reddit AMA on Wednesday, Bill Gates said he doesn’t think Web3 or the metaverse alone is “revolutionary,” but he does think that AI is.Jeff J Mitchell/Getty Images Bill Gates said artificial intelligence is “quite revolutionary” in his annual Reddit AMA session. In contrast, the Microsoft cofounder appeared lukewarm about Web3 and the metaverse. He also said he was impressed with OpenAI’s ChatGPT platform, which has been making waves recently. Bill Gates has weighed in on some of the buzziest concepts in tech, revealing he’s tepid about Web3 and the…

Cardano Whales Start 2023 With Accumulation Trend That Could Be Bullish For ADA

Best Owie

Cardano (ADA) has seen some pretty tragic price action in the last couple of months, which has dragged its price down toward two-year lows. It still continues to maintain this downtrend and is barely moving, just like the rest of the crypto market, but some developments among large ADA investors could see some bullish momentum for the digital asset. Cardano Whales Begin Accumulating In New Year Toward the end of 2022 when momentum in the crypt market was dropping, there had been some selling from large ADA investors. This was…

Santiment Paints Bullish Picture For XRP, But This May Not Be The Case

Best Owie

XRP price is having a shaky start to the year 2023 after a sharp drop on Monday during Asia hours. The digital asset eventually recovered but it remains shaky even now a new report from Santiment shows that there could be a bull case for the cryptocurrency. This bull case is tied to large XRP holders who have been accumulating coins over the past six months. A Bull Case For XRP The report from Santiment starts out with the revelation that large investors holding between 1 million and 10 million…

Vitalik Buterin highlights what he’s bullish about for 2023

Stephen Katte

Ethereum co-founder Vitalik Buterin has shared some bullishness for the year ahead, including reaching a new milestone for rollup scaling as per the Ethereum roadmap. The Ethereum developer also confirmed the rollout of the Ethereum Improvement Protocol (EIP) 4884 sometime in 2023, which had been removed as part of the upcoming Shanghai upgrade package set for March. Responding to a Dec. 31 post from former chief technology officer of Coinbase, Balaji Srinivasan, asking users what they were bullish for in 2023, Buterin said he was looking forward to reaching the “basic…

Autumn bulls vs. winter bears — Will October be bullish or bearish for Bitcoin? Watch Market Talks

Cointelegraph

In this week’s episode of Market Talks, we welcome Rekt Capital, a cryptocurrency analyst who shares macro research, commentary and technical analysis related to crypto markets. He publishes a popular newsletter and provides courses that help educate traders on how to make informed decisions when buying and selling cryptocurrencies. He has more than 328,000 followers across his various social media platforms, many of whom are prominent individuals, including big names like Binance CEO Changpeng Zhao. First things first, we have officially entered Q4 2022 and, more importantly, October, which has historically been a…

Bitcoin Price Forms Bullish Pattern, Why BTC Could Rally Above $20K

Aayush Jindal

Bitcoin price is holding gains above the $19,000 level against the US Dollar. BTC could rally if there is a clear move above the $19,660 resistance zone. Bitcoin remained stable and consolidated above the $19,000 support zone. The price is trading above $19,100 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $19,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh surge if there is a clear move above the $19,660…

Rocky road lies ahead, but here’s 5 altcoins that still look bullish

Rakesh Upadhyay

The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26. Bitcoin has declined about 14% this month, making it the worst performance for August since 2015 when the price had dropped 18.67%. That may be bad news for investors because September has a dubious record of a 6% average loss since 2013, according to data…

Dogecoin misses bullish target after Elon Musk snubs Twitter — what’s next for DOGE price?

Yashu Gola

Dogecoin (DOGE) has missed a much-anticipated technical upside target and is down nearly 10% over the past week amid an ongoing spat between Elon Musk and Twitter. Musk hurts DOGE price To recap: Musk, whose companies Tesla, SpaceX, and Vegas Loop accept DOGE payments, had suggested introducing the same checkout option on Twitter this April. Bitcoin spoofs a breakout while Dogecoin jumps on Elon Musk’s Twitter takeover news. https://t.co/dlMH5u5jaf — Cointelegraph (@Cointelegraph) April 25, 2022 Nonetheless, the Musk-Twitter deal has turned sour after the billionaire attempted to walk away from…