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The Bearish Signal Ethereum Bulls Need To Fear

The Bearish Signal Ethereum Bulls Need To Fear
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Creator Of Flawless Top Indicator Says Bitcoin Isn t Done, Despite Signal

Reading Time: 3 mins read One of the biggest arguments going on across crypto right now, is whether or not Bitcoin price action has topped out for this cycle. After a tremendous run, a peak could very well be here, and there are several indicators that back up this theory. The creator of one of those indicators, and one that boasts a flawless track record, believes that although the signal has appeared, there’s room for another – later rally that will cause the signal to show once again sooner than expected. Picking Out Peaks In Crypto Has Always Been As Easy As Pi

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Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M

Bitcoin suddenly hits $60K as a new resistance battle liquidates $850M BTC/USD reaches $61,000 for the first time in almost one month in a fresh burst of bullish market action. 63628 Total views Market Update Bitcoin (BTC) returned to $60,000 on April 10 as a bout of long overdue volatility hit the market in line with analysts expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Being a bear is expensive Cointelegraph Markets Pro and TradingView showed a sudden push allowing BTC/USD to exit the $50,000 corridor overnight on Friday. The move had been weeks in the making a convincing attack on $60,000 resistance, the last before all-time highs, had previously failed to materialize before.

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Can Bitcoin whale deposits to exchanges actually predict BTC price?

Can Bitcoin whale deposits to exchanges actually predict BTC price?
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Analysts say $60K Bitcoin price signals BTC has ample room to run

Analysts say $60K Bitcoin price signals BTC has ample âroom to runâ Analysts say Bitcoin whale wallet accumulation and persistent dip-buying by institutional investors signal that BTC price has plenty of room to appreciate. 42820 Total views Market Analysis Bitcoin (BTC) bulls finally mustered enough strength to push the top-ranked cryptocurrency through the $60,000 level and citing key on-chain metrics, analysts believe the bull run has a ways to go before reaching any considerable resistance. Since pushing back above $50,000 on March 9, every dip in Bitcoin price has been quickly purchased by institutional investors and the BTC balance of whales has also continued to grow over the past few months.

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