Bitcoin and a few altcoins have seen aggressive buying at lower levels, which could result in a retest of their recent highs.
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 price is rallying this weekend but is this just a relief rally or can BTC regain bullish momentum?24210
Bitcoin’s recent correction is healthy, but several altcoins have lost momentum and could remain range-bound for a few days.33611
Bitcoin could surge toward $100,000 next year following yesterday’s “healthy pullback,” with market psychology currently in the “belief” stage, says Stack Funds.42552
Analysis of sentiment and on-chain data shows that a correction was likely to occur. Is there still room for growth?11776
The price of Bitcoin must now reclaim the $18,000 level for a chance to resume November’s bullish trend.52984
Bitcoin and most major altcoins could consolidate for a few days before starting the next big move.59114
Bitcoin could consolidate for a few more days as the action shifts to Ether, XRP and other large-cap altcoins.44174
Bitcoin’s sharp bounce off the intraday lows today indicates a possible move to all-time highs and select altcoins may join the party.53958
Bitcoin price is back on the path to a new all-time high, and it seems altcoins intend to follow suit.36163
Bitcoin price has impressively held the $17,200 support level, putting its all-time high once again within reach.24704
Bitcoin price looks ready to consolidate after reaching a new 2020 high and altcoins may attempt to recover from their sharp losses.30045
Bitcoin is leading a monster rally, but is BTC overdue for a sharp correction?47897
Bitcoin price may be nearing exhaustion after recording its sixth consecutive weekly green candle.37246
If Bitcoin consolidates near $16,000 for a few days, traders may shift their attention to altcoins and DeFi tokens.37046