Bitcoin (BTC) shaping up for big price move

Bitcoin (BTC) has been on the verge of blowing through the top of its bull flag on several occasions. However, the price was rejected every time. Will this time be different? Bitcoin biggest benefactor from global liquidity According to renowned analyst Lyn Alden, during any 12-month period, Bitcoin has the highest correlation with global liquidity than any other asset. With global liquidity on the rise, as world central banks start to cut interest rates, Bitcoin is very likely to be…

Why Maestro is a Top Choice for Telegram Trading Bots

If you're passionate about finance and investing, you've likely sought out success stories for inspiration. Names like Warren Buffett, Peter Lynch, George Soros, and Michael Saylor are probably familiar to you. And if you've explored their strategies, you've likely come across one key takeaway: timing is everything. The difference between the wealthy and everyone else often boils down to knowing when to make the right move. But did you know that even though the market—whether in stocks or crypto—may not…

BNB Price Set to Outperform: Is a Breakout Coming Soon?

BNB price started a fresh increase above the $542 resistance zone. The price is now consolidating gains and might aim for more gains above $550. BNB price started a fresh increase above the $540 resistance zone. The price is now trading below $550 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $550 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $540…

XRP Price Eyes Critical Upside Break: Is a Surge Imminent?

XRP price is still facing many hurdles near $0.600. The price is consolidating gains and might aim for a clear move above $0.5920 and $0.600. XRP price remained supported near the $0.5620 zone. The price is now trading below $0.5850 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support at $0.5765 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if it clears the $0.5920…

Crypto Analyst Reveals Key Insights into Bitcoin’s Bull-Bear Transition Phase

Bitcoin has long been characterized by its cycles of bull and bear markets, each marked by the trajectory of its price movements. However, the crypto appears to be in a transitional phase, according to a CryptoQuant analyst under the pseudonym CryptoHell. CryptoHell has recently shared insights into Bitcoin’s current market cycle, providing investors with key indicators to watch during this period. Understanding The Bitcoin Bull-Bear Transition Phase In a recent post on the CryptoQuant QuickTake platform, CryptoHell revealed that Bitcoin’s…

Bitcoin Price Bounces Back, But Can It Sustain Above $60K?

Bitcoin price started another increase above the $58,500 resistance. BTC is back above $60,000 and again struggling to continue higher. Bitcoin is correcting gains from the $61,200 resistance zone. The price is trading above $59,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $60,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could climb again if it stays above the $59,400 support zone. Bitcoin…

Ethereum Price Comeback in Jeopardy: Is a Pullback Coming?

Ethereum price started a recovery wave above the $2,320 resistance. ETH is now struggling to gain pace for a move above the $2,385 resistance. Ethereum started another decline from the $2,385 resistance. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance at $2,290 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,350 resistance to continue higher in the near…

Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?

The cryptocurrency market, led by the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), surged on Tuesday to levels not seen in over a month in anticipation of the Federal Reserve’s (Fed) imminent announcement of its first interest rate cut since the COVID-19 pandemic. However, despite these expectations or what the outcome of the Fed’s announcement could have on the market, on Bitcoin Halving years, the fourth quarter (Q4) is usually significantly bullish for the two largest digital assets and the…

Massive Bitcoin Rally Predicted For Next 6 Months After Fed Rate Cut

As the crypto community awaits the Federal Reserve’s (Fed) rate cut announcement on September 18, the stakes are high for Bitcoin (BTC) and the broader financial landscape. This upcoming decision marks the first central bank rate cut since the Fed slashed its key rate to near zero in March 2020 amid the COVID-19 pandemic.  Will A 50bps Cut Spark A Bitcoin Bull Run? According to CME Group’s FedWatch tool, markets are currently pricing in a 59% chance of a half-percentage-point rate…

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