Bitcoin is currently at a crucial point, trading near $84,000 and facing major resistance at the 200-day Exponential Moving Average. A strong move past this level could lead to a surge towards the $100,000 milestone. Decreasing trading volume suggests that selling pressure may be easing, offering buyers a chance to gain momentum. However, if Bitcoin ...
This article is crafted by a dedicated individual investor known for a contrarian investment style, balancing a private portfolio of stocks and call options. With a background in aeronautical engineering and over six years in the aerospace consulting field, they specialize in identifying undervalued stocks that have recently declined in price due to unique circumstances, ...
Bitcoin is currently experiencing a recovery after dropping to around $82,000. The price has risen above $88,500 and is now trading over $90,000, indicating strong buying momentum. A key trend line was broken, which could pave the way for a potential test of the $95,000 resistance level. However, if Bitcoin can’t overcome this resistance, there ...
Recent technical analysis of Bitcoin (BTC) charts reveals intriguing signs of potential upward movement. Since last Friday, two significant candlesticks have emerged, suggesting a shift in Market psychology and indicating bullish sentiment at multi-month lows. The price dip seems to have found support at the 200-day simple moving average, with recent candles showing the sellers ...
XRP’s recent performance against Bitcoin has left many traders puzzled amidst the shifting cryptocurrency Market. Currently priced at 0.0000262 BTC, XRP has seen significant change from three months ago when it was valued at only 0.000009 BTC. After a remarkable 500% increase, XRP is now trading below its 200-day moving average, indicating a bearish trend. ...
Bitcoin is at risk of dropping below its previous all-time high from March 2024, following significant price declines that have wiped out gains from the “Trump pump.” Traders are closely monitoring a critical gap in the CME Bitcoin futures Market, which lies between $78,000 and $80,700. As Bitcoin approaches this level, analysts suggest it could ...
A well-known crypto analyst, Dave the Wave, predicts that Bitcoin (BTC) will soon experience a significant downward movement. He suggests that BTC could follow a pattern similar to last year’s trend, where it reached nearly $74,000 before dropping below $50,000. Dave believes that by the end of March, Bitcoin’s consolidation will hit its lowest point. ...
Bitcoin has been stuck in a price range after reaching a record high on inauguration day. Traders are eager for the upcoming FOMC meeting, which could influence Bitcoin’s price direction. Current volatility trends suggest that a significant price movement may be on the horizon. Technical analysis reveals a complex Market on the daily charts, but ...
Stock Waves is a team of analysts, including Zac Mannes and Garrett Patten, along with contributor Lyn Alden Schwartzer. They specialize in real-time Elliott Wave technical analysis for various stocks during Market sessions. Their service offers daily technical insights, several weekly video analyses, fundamental assessments, and in-depth looks at specific stocks each month, all supported ...
Stock Waves is a collaborative effort by Zac Mannes, Garrett Patten, and contributing author Lyn Alden Schwartzer, focused on delivering real-time Elliott Wave technical analysis for various stocks. They offer a comprehensive investing service that includes daily technical insights, weekly videos with chart analysis, fundamental evaluations, and two detailed explorations of specific stocks each month. ...
