NFT News Today TheBittimes.com

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...

Ethereum (ETH) has surged past the $4,000 mark for the first time since March, buoyed by record-breaking ETF inflows, rising institutional interest, and a growing shift in investor sentiment favoring Ethereum over Bitcoin (BTC). The cryptocurrency’s recent rally has reignited discussions of an impending “altcoin season” as bullish sentiment gains momentum. Starting the year at just $2,356, Ethereum has rallied over 74% year-to-date, positioning itself as a standout performer in the digital asset space. As of press time, ETH is trading at $4,001, with a 24-hour drop of 0.78%. Picks for you These are XRP’s top holders as of December 2024 1 hour ago Why there's 'nothing preventing' Ethereum from hitting new all...