by Koinat | Sep 16, 2024 | Technical Analysis
The recent rise of Bitcoin (BTC) above $60,000 has instilled optimism in the cryptocurrency market. This surge could potentially trigger a positive spillover effect, leadin[g to recoveries in the prices of altcoins (alternative cryptocurrencies). Here, we’ll...
by Koinat | Sep 10, 2024 | Market News, Technical Analysis
Breaking Above $56,000: A Bullish Sign Bitcoin’s recent price surge, surpassing the $56,000 mark, is a positive development for the cryptocurrency market. This breakthrough suggests that buying pressure has overcome selling pressure, indicating a potential shift...
by Koinat | Sep 5, 2024 | Market News, Technical Analysis
The recent price dip in Bitcoin has many investors wondering: how low can it go? While analysts offer various predictions, the truth is that predicting the absolute bottom of a volatile market like cryptocurrency is extremely difficult. Let’s delve into the...
by Koinat | Aug 30, 2024 | Technical Analysis
Bitcoin’s recent performance has been a rollercoaster! After a strong start to 2024, reaching near $70,000 in May, August saw a bit of a correction. However, whispers of a new bull run are starting to emerge. Here’s a breakdown of the recent trends:...
by Koinat | Aug 27, 2024 | Technical Analysis
A confluence of factors, including a potential technical breakout on the three-year chart and growing institutional adoption, could propel Bitcoin towards a significant price increase, according to a recent analysis. Technical Breakout: Bury identifies a three-year...
by Koinat | Jul 8, 2024 | Technical Analysis
Bitcoin’s recent volatility continues, with bulls and bears locked in a tug-of-war. While the price struggles to break above the $56,552 resistance, several altcoins are exhibiting signs of potential strength. Let’s delve into the technical analysis of...
