Bitcoin and most major altcoins could consolidate for a few days before starting the next big move.
Price Analysis News
Price analysis is the ongoing process of cryptocurrency traders and analysts finding patterns in the market to determine optimal trading strategies and gauge market sentiment for the cryptocurrency market at large or for specific assets such as Bitcoin (BTC), Ether (ETH), XRP, Litecoin (LTC), etc.
The two main indicators that are sought after are whether or not the market is bullish with upward-trending price action or bearish with downward pressure on price.
Price analysis techniques vary and are often used in unison to provide as detailed a perspective of market conditions as possible. Traders may analyze a cryptocurrency’s volume in relation to its price or use candlestick charts to gauge market sentiment on a daily basis.
The tools and techniques of price analysis are ultimately the means of spotting patterns at the micro and macro levels as indicators of overall industry growth.
Bitcoin could consolidate for a few more days as the action shifts to Ether, XRP and other large-cap altcoins.33260
Bitcoin’s sharp bounce off the intraday lows today indicates a possible move to all-time highs and select altcoins may join the party.49111
Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit.35519
Bitcoin price has impressively held the $17,200 support level, putting its all-time high once again within reach.24575
Bitcoin price looks ready to consolidate after reaching a new 2020 high and altcoins may attempt to recover from their sharp losses.29708
Bitcoin is leading a monster rally, but is BTC overdue for a sharp correction?47363
Bitcoin price may be nearing exhaustion after recording its sixth consecutive weekly green candle.37189
If Bitcoin consolidates near $16,000 for a few days, traders may shift their attention to altcoins and DeFi tokens.36586
Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget.7603
A few altcoins are trying to start a new up-move even though Bitcoin is struggling to pull above $16,300.29133
Bitcoin and several altcoins are showing signs of breaking above their overhead resistance levels, which suggests bulls remain in control.21868
Bitcoin price is recovering well from its 6% drop to $14,800, but top altcoins are slow to follow.24636
The price of Bitcoin is facing the last major barrier at $16,000 before a potential run to new all-time highs, but a 30% correction is also on the table.49743
Select altcoins are moving higher as Bitcoin prepares for a renewed push to $16,00026808