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Veteran trader Peter Brandt has projected that with Bitcoin (BTC) hitting a new all-time high, the asset’s technical setup is likely positioning it for a rally of up to 35% in August. Brandt, who boasts over four decades of trading experience, suggested that the current formation could see the leading cryptocurrency trading at $125,000, or even $150,000, this August, according to his X post on May 21. Bitcoin price analysis chart. Source: Peter Brandt His Analysis highlighted Bitcoin’s breakout from a bull flag pattern after retesting the $102,400 level. The asset also recently confirmed an inverse head-and-shoulders breakout on the weekly chart, strengthening the long-term bullish case.  Previous consolidation patterns, like a symmetrical triangle and double-top retest, have also resolved upward.  With a steady trend of higher highs and higher lows, Bitcoin has entered record territory, which Brandt sees as a natural progression in an ongoing bull cy...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

The Crypto Fear & Greed Index plunged to levels last recorded in June 2022 and the BlackRock spot Bitcoin ETF extended its losing streak to seven days as bearish sentiment gripped the crypto market. The Crypto Fear & Greed Index dived to 10, representing ”Extreme Fear,” a level last seen during the collapses of crypto hedge fund Three Arrows Capital (3AC), Terraform Labs and crypto lender Celsius.   Crypto Fear and Greed Index is at the lowest reading since the June 2022 DeFi collapse. We are nearly ready. 🩸 #Bitcoin pic.twitter.com/4XCMwBemih — Jason Pizzino 🌞 (@jasonpizzino) February 27, 2025 Analyst Michael van de Poppe, with more than 778k followers on X, noted that Bitcoin has rallied some 500% since the last time the Crypto Fear & Greed Index plunged to 10. “It’s a rare occasion where sentiment is ultra negative and buying opportunities are tremendously good,” he said. The crypto market has slumped a...

As Bitcoin (BTC) hovers below the $100,000 mark, a trading expert is cautioning that investors should anticipate a possible extended downturn for the maiden digital asset. To this end, as Bitcoin witnesses a shift in market sentiment and technical signals pointing toward further declines, the cryptocurrency’s inability to reclaim key resistance levels suggests BTC could touch $90,000, according to an Analysis by R. Linda shared in a TradingView post on February 8. In this line, the expert stated that after the leading digital currency failed to sustain momentum near its all-time high range, Bitcoin entered a local selling zone below $99,800. Technically, the asset’s price is now consolidating between $95,800 and $100,200, forming what appears to be a pre-breakdown pattern. Picks for you Why gold to $15,000 is 'entirely r...

The Pepe price has plunged 7% in a week and 3% in the last 24 hours to trade at $0.000009166 as of 2 a.m. EST on trading volume that surged 34% to $566.37 million. Pepe Price Prediction The Pepe price has been showing signs of recovery, although it also encountered resistances which it struggles to breach. Regardless, the Ethereum-based meme coin is showing signs of progress, which suggests that this might be a good time for traders to move in on the token. Pepe’s Bollinger bands, for example, are maintaining a solid distance from one another, currently being among the widest the meme coin has seen in the last few days. Its price has been fluctuating between the upper and lower band, however, suggesting that there is still uncertainty among the traders. Right now, the price has bounced up from the lower band and it finds itself at the neutral position between the two lines at the time of writing. Similar performance can be seen from Pepe’s Relative Strength Inde...

Bitcoin (BTC) price closed September at $63,333, its best monthly performance during what the market calls the “September Effect.” Despite the overall positive performance from day one to September 30, the last day experienced a crash and long liquidations. According to data Finbold retrieved from CoinGlass on October 1, Bitcoin registered 7.29% gains in September. This result considers the opening to closing price variation from the first to the last day of the month, respectively. Historically, 2024 was one of the only four positive years Bitcoin price had in September. Moreover, this year was the best September’s monthly return to date, only behind another Bitcoin halving year, in 2016, with 6.04% gains. Picks for you Crypto trader with 100% win rate nets $2.14 million in 7 weeks 23 hours a...

The Bitcoin price jumped 3% in the last 24 hours to trade at $59,059 as of 10:15 p.m. EST, despite trading volume dropping 21% to $27 billion. The recent rise in the BTC price comes as asset manager Franklin Templeton seeks to launch a new ETF (exchange-traded fund). This ETF is set to track the performance of the CF Institutional Digital Asset Index, which currently only comprises BTC and ETH. Bitcoin Price Aims For A Rally The Bitcoin price has invalidated the rounding top pattern formed in late July to early August, as it soared from the $49,000 support to the $62,655 resistance, according to data from GeckoTerminal . However, the price of Bitcoin has been on a downtrend, trading within a falling channel pattern in the last week. The Relative Strength Index (RSI) also indicates that buying pressure is building up below the 50-midline level, currently at 45. If the buying starts at this level, the price of Bitcoin could soar above the channel, breaching the immediate resistan...

Bitcoin (BTC) highly capitalized investors known as “whales” are showing growing optimism at current prices, buying and accumulating the cryptocurrency. These whales accumulated nearly $240 million worth of Bitcoin this week, signaling a bullish bias to BTC price moving forward. Most recently, a new Bitcoin wallet address withdrew 533.5 BTC from Binance, worth $31 million, according to SpotOnChain ‘s post. This investor moved the likely purchased assets at an average price of $58,188 per BTC after a notable crash. Bitcoin whale ‘bcq1qdvajn9…’ portfolio. Source: SpotOnChain In this context, SpotOnChain reported that other “fresh whales” have shown a similar accumulation behavior this week. “Fresh whales” are recently created addresses, previously with zero balance, who suddenly received large amounts. Picks for you ...

Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place. Bitcoin (BTC) rebounded off three-month lows on Sept. 12 as traders voiced suspicion over BTC price behavior. BTC/USD 1-hour chart. Source: TradingView Bitcoin shorts feel heat as BTC price adds $1,000 Data from Cointelegraph Markets Pro and TradingView followed a snap return to levels seen after the weekly close on BTC/USD. Bitcoin had seen immediate weakness on the previous day’s Wall Street open, briefly dipping below $25,000 to cap its worst performance since mid-June. The subsequent comeback took the largest cryptocurrency $1,000 higher, but at the time of writing, $26,000 still acted as resistance. Ahead of time, on-chain monitoring resource Material Indicators warned that BTC price would soon face a “support test” thanks to bid liquidity further down the order book being removed. #FireCharts shows 2 large #BTC Buy Walls have been rugged. Support test is inbound. pic....

Cointelegraph analyst and writer Marcel Pechman explains how China’s economic weakness and Turkey’s interest rate hikes could impact the cryptocurrency market. On the latest episode of Cointelegraph’s  Macro Markets , analyst Marcel Pechman explores how Turkey’s recent interest rate increase might attract hundreds of millions of new crypto currency investors, and how China’s looming economic crisis could affect Bitcoin (BTC) and crypto globally. Turkey’s central bank has increased the interest rate by 6.5% to 15% in a dramatic attempt to fight inflation. The move comes as the local currency, the lira, dropped by 80% against the United States dollar in five years. According to Pechman, whether the U.S. dollar holds its dominant position as a global reserve currency doesn’t matter. Turkey and Argentina’s 70% inflation in 2022 are perfect examples of how decentralized cryptocurrencies might be the sole lifeguard for hundreds of millions — if not billions — of people who cannot save an...

Bitcoin’s price dropped to $25,500 after the SEC announced a lawsuit against Binance and Changpeng Zhao, a move which also has BTC bulls wondering if the bottom is truly in. Bitcoin’s price declined 5% in one hour on June 5 after the United States Securities and Exchange Commission (SEC) filed a lawsuit against Binance on allegations of violating federal securities laws. Even though the $25,500 support held for Bitcoin, investors are still digesting the potential impacts of the regulatory action, which also involves Binance CEO Changpeng “CZ” Zhao. According to digital asset investment firm Arca CEO Jeff Dorman, the direct impact of an eventual shutdown of Binance operations in the U.S. is irrelevant. Furthermore, non-criminal charges from the past should not destabilize Binance’s present international structures. Still, Arca’s CEO expects negative market sentiment to prevail as the crypto community cheers for CZ and Binance. My 2 sats on SEC vs Binance Mostly irrelevant since no o...