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Bitcoin Technical Analysis: Candlestick Patterns and Volume Trends Hint at Bitcoin’s Next Move

Bitcoin (BTC) is holding firm at $90,466 to $90,738 over the last hour, taking a breather after its recent climb to the $93,483 all-time high. Traders are closely eyeing pivotal…

Continue ReadingBitcoin Technical Analysis: Candlestick Patterns and Volume Trends Hint at Bitcoin’s Next Move

Bitcoin Hits Record High, but the Rainbow Chart Hints at Even Wilder Rides Ahead

While bitcoin recently hit a record-breaking $89,983, the widely followed rainbow chart—known for illustrating bitcoin’s long-term price movements and market sentiment on a logarithmic scale—sits surprisingly low compared to previous…

Continue ReadingBitcoin Hits Record High, but the Rainbow Chart Hints at Even Wilder Rides Ahead

Bitcoin trader say BTC headed toward $125K by New Year’s Even based on ‘Bayesian probability’

Veteran trader Peter Brandt says Bitcoin is following a similar pattern from its past, which could lead to a $125,000 BTC price by New Year’s Eve.

Continue ReadingBitcoin trader say BTC headed toward $125K by New Year’s Even based on ‘Bayesian probability’