Ethereum is now in a correction phase after reaching a high of about $4,950 in late August, with open interest (OI) dropping more than 8% in the past week. On the other hand, Binance’s futures market data suggests that the dip may be close to running out of steam, which could set the stage for […]
ETH Correction Exceeds 8%: Binance OI Data Hints at Imminent Recovery Read More »
Bitcoin (BTC) had entered a period of price correction following its ascent to an all-time high of $73,700. Miners, whales, and other market participants, including large investors, had begun selling their BTC to make profits. However, analysts at CryptoQuant believe the Bitcoin bull cycle is far from over, as price valuation metrics are largely shy
Bitcoin’s price has been on an almost vertical rise in the last few days, approaching its all-time high of $69K. Yet, the cryptocurrency might not make a new record right away, as some warning signals are pointing to a short-term correction. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, it is evident
Is BTC Overdue a Correction Following Epic Rally Above $60K? (Bitcoin Price Analysis) Read More »
As Bitcoin surges toward its previous all-time high, industry experts are anticipating a correction before the digital asset can continue its upward trajectory. Mike Novogratz, founder of Galaxy Digital, shared his insights with Bloomberg TV, suggesting that while Bitcoin has soared past the $60,000 mark this week, a correction is likely imminent. Bitcoin Enters “Price
Bitcoin Set for Correction Before Continuing Upward Trend, Predicts Galaxy Digital CEO Read More »
Bitcoin’s price has effectively breached the $30,000 resistance threshold and is presently experiencing robust upward momentum. While BTC appears unstoppable at this juncture, there remains a noteworthy likelihood of a transient correction. Technical Analysis By Edris The Daily Chart On the daily chart, it becomes apparent that the price has experienced fervent rallying subsequent to
BTC Explodes to $35K But is a Correction Imminent? (Bitcoin Price Analysis) Read More »
