Bitcoin at $70K, Ethereum at $4K: Arthur Hayes Predicts When Altcoin Season Will Begin

As historically proven, the start of an altcoin season, or ‘altseason,’ a period marked by the strong performance of alternative cryptocurrencies relative to Bitcoin, often begins following a significant increase in BTC’s price. This phenomenon has been elaborated recently by Arthur Hayes, the co-founder of BitMEX and Chief Investment Officer at Maelstrom Fund, who has… Continue reading Bitcoin at $70K, Ethereum at $4K: Arthur Hayes Predicts When Altcoin Season Will Begin

Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop

Bittensor (TAO) has been one of the best-performing AI (Artificial Intelligence) tokens this cycle after surging 180% during Q1 2024. The token has significantly retraced from its march all-time high (ATH) and is currently testing key resistance levels. Some crypto analysts seem unsure about TAO’s short-term performance but remain bullish long-term. Bittensor To Lead The… Continue reading Bittensor (TAO) To Lead The ‘AI Wave’: Analysts Bullish Despite 10% Price Drop

Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?

Though buyers stand a chance, Bitcoin is steady when writing, teetering at the $60,000 level. After rejecting August lows, the bounce above the round number at $60,000 to as high as $63,000 by the end of last week was impressive. However, from the daily chart, prices are moving sideways in a possible accumulation, bounded by… Continue reading Bitcoin Price Action “Boring” Despite Rapid Accumulation: Is Something Big Cooking?

Bitcoin Price Crosses $60K, But Struggles to Maintain Pace

Bitcoin price recovered above the $60,000 resistance zone. BTC is now struggling to clear the $61,200 and $61,500 resistance levels. Bitcoin started a recovery wave above the $60,000 resistance zone. The price is trading above $60,000 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance… Continue reading Bitcoin Price Crosses $60K, But Struggles to Maintain Pace

Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means

Veteran crypto analyst, Peter Brandt has uncovered an inverted or expanding triangle pattern in Bitcoin (BTC). Utilizing classical charting principles, Brandt analyzes the technical pattern formation, highlighting its potential impact on Bitcoin’s price trajectory. What Bitcoin’s Inverted Triangle Pattern Means On August 12, Brandt took to X (formerly Twitter) to expanding Triangle pattern in Bitcoin.… Continue reading Bitcoin Flashes Inverted Triangle, Analyst Peter Brandt Explains What This Means

Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags

Crypto whales have taken advantage of the recent market downturns, loading up their bags as the price of several tokens slipped to lower levels. During the last few retraces, a whale bought over 400 billion PEPE, already registering unrealized profits from its purchase. Some market watchers believe the token is poised to lead the “memeseason”… Continue reading Buying The Dip: PEPE Price Recovers 10% As Whales Load Their Bags

Is Now the Time to Buy Bitcoin? Top Analysts Predict $150K Surge On The Horizon

Bitcoin, the largest cryptocurrency by market cap appears to have “bottomed out”  and is now poised to surge above $150,000, according to prominent crypto analyst Captain Faibik. This insight from the analyst comes as Bitcoin currently sees a sign of rebound, reclaiming the $60,000 mark following its recent plunge below $59,000. A $150,000 Surge On… Continue reading Is Now the Time to Buy Bitcoin? Top Analysts Predict $150K Surge On The Horizon

Bitcoin Price Eyes Upside Break: Is a Bullish Move Ahead?

Bitcoin price stayed above the $57,650 support zone. BTC is now rising and might aim for a move above the $60,000 resistance zone. Bitcoin started a recovery wave above the $58,500 resistance zone. The price is trading below $60,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with… Continue reading Bitcoin Price Eyes Upside Break: Is a Bullish Move Ahead?

BTC’s Next Objective? Analyst Eyes Crucial $70,000 Resistance Zone For Bitcoin

After a roller coaster ride in the market last week, Bitcoin shows endurance, bouncing back from the recent dip to $49,000 and reclaiming the $60,000 milestone as key to its continuation to the upside to regain levels lost during the last 20% correction on August 5.  Despite facing hurdles, the largest cryptocurrency on the market… Continue reading BTC’s Next Objective? Analyst Eyes Crucial $70,000 Resistance Zone For Bitcoin

Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?

Bitcoin buyers might be upbeat after the uptick on August 8. While traders are waiting for a conclusive close above $63,000, confirming bulls of the second half of last week, on-chain data points to risk and traders staying on the sidelines. Traders Cautious: Will The Bitcoin Consolidation Continue? Taking to X, one on-chain analyst said.… Continue reading Bitcoin Traders Cautious Despite Massive Stablecoin Inflow: What’s Next For BTC?