Bitcoin

Veteran crypto trader Peter Brandt has stated that Bitcoin (BTC) is forming a ‘three blind mice’ pattern without confirming whether this is bullish or bearish for the flagship crypto. His statement has got the crypto community searching for answers as to what this pattern might mean for BTC.  Veteran Crypto Trader Says Bitcoin Has Formed ‘Three Blind Mice Pattern’ Peter Brandt stated in an X post that Bitcoin had formed the infamous “Three Blind Mice and a Piece of Cheese”…

Investors are rushing over to the Husky Inu ($HINU) presale while Bitcoin ($BTC) and the altcoin market tank. $BTC and $ETH dropped 6% and 10% over the past week. As traditional crypto investments experience significant price loss, Husky Inu’s ($HINU) presale has generated over $430,000 since going live.  As the crypto market drops, investors must continually look for alternative investment opportunities, such as Husky Inu ($HINU), to help mitigate the potential uncertainty inherent to the crypto market. Major memecoin projects…

The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark. ETH also remained bearish and has slipped below $2,400 after registering a drop of almost 4% over the past 24 hours.  Other major cryptocurrencies, including Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), and Polkadot (DOT),…

Bitcoin and the wider cryptocurrency markets have experienced a turbulent start to October, with BTC falling as low as $60,370 on October 2.  This comes off the back of a better-than-expected September, and amid optimism over October and Q4 as a whole, which has historically been a very bullish period for the crypto markets, especially during years which have had a US Presidential Election.  Despite the concerning start to October, Suliman Mulhem, a UAE-based Political Consultant, suggested that there are…

Veteran trader Peter Brandt believes that the recent rally of Bitcoin still isn’t enough to flip the long-term bearish trend. While BTC did have a brief surge, he insists it hasn’t reached the levels needed to confirm a bullish reversal. Bitcoin needs to break $71,000 first and then confirm that, says Brandt. And while he claims this, other market analysts such as Jesse Colombo and Roman warn that geopolitical tensions and market patterns might bring BTC down even further. QCP…

The Bitcoin price is continually being buffeted, as tensions in the Middle East rise once again. With the Israeli response still to come, after Tuesday’s Iranian missile barrage into Israel’s territory, there could be more rough seas to come for Bitcoin. Uncertainties beset Bitcoin Since an upping of the ante in the Middle Eastern conflict, and the Israeli incursion into Lebanon, the Bitcoin price suffered a nearly 10% reversal. With possible further escalations to come, it is to be wondered…

Despite the green September close, Bitcoin (BTC) and the rest of the market faced another bloodbath as October started. The flagship crypto saw a 7% decline, fueling a bearish sentiment among investors. However, most analysts remain optimistic about BTC’s performance in the next three months. Is This The ‘Shakeout Before Breakout’? The market began the month of October, popularly known as “Uptober” by the crypto community, with the first shakeout of the quarter, losing 6.5% of its market capitalization. Most…

Bitcoin price is consolidating above the $60,000 support. BTC could aim for a fresh increase unless there is a close below the $60,000 support. Bitcoin is consolidating above the $60,000 support zone. The price is trading below $61,500 and the 100 hourly Simple moving average. There is a key bearish trend line with resistance at $61,550 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $60,000…

Bitcoin has seen a retracement from the $66,000 level, but that does not mean that the bullishness of the pioneer cryptocurrency is completely gone. It is currently sitting around 4% below $66,000, which still makes its $63,000 level very attractive for bulls. Although, given the current movement of Bitcoin, the market could see a deeper correction from here that could send its price spiraling below $60,000 once again. Bitcoin Symmetrical Triangle Could Trigger A Retest Crypto analyst Xanrox has presented…