Articles for tag: Bitcoin consolidation, bull run, Market Analysis, network fees, price movements, resistance levels, support zone

Market News

Bitcoin Market Outlook: Analyst Warns of Possible Upcoming Consolidation and Short-Term Risks in Cryptocurrency Investment

A well-known crypto analyst, Dave the Wave, who accurately predicted the Bitcoin crash in May 2021, is warning that Bitcoin may soon experience a significant decline. He suggests that Bitcoin’s current behavior resembles last year’s patterns, where it peaked around $74,000 before dropping below $50,000. Dave forecasts that the worst of this price consolidation could ...

Market News

Bitcoin Consolidates as Altcoins Gain Momentum for Weekend Surge Amid Global Market Uncertainty

Bitcoin is currently stabilizing in a price range of $90,000 to $98,000, supported by strong bullish signals, although there are signs of declining trading volume. Meanwhile, Bitcoin dominance is decreasing, indicating a shift of interest toward smaller altcoins, which may benefit as Bitcoin’s volatility lessens, creating a favorable environment for altcoin rallies over the weekend. ...

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