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Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.

Continue ReadingFalling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first

Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market

A popular BTC price metric points to “extreme fear” in the market, but contrarian investors say multiple on-chain metrics suggest Bitcoin is in buy territory.

Continue ReadingContrarian Bitcoin investors identify buy zones even as extreme fear grips the market

Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’

Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries.

Continue ReadingBitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’