-
Latest Bitcoin Analysis Indicates Extended Bullish Momentum
In a recent analysis, a prominent crypto analyst has offered insights into Bitcoin’s current trajectory and potential future movements. The analyst’s technical analysis (TA), liquidity confluence analysis (LCA), and psychological analysis highlighted a significant market shift last week when Bitcoin was trading between $40,000 and $42,000. Notably, Bitcoin broke above key moving averages, including the MA100, EMA50, and MA50 daily, indicating a resurgence of bullish sentiment. Despite initial skepticism, the analyst’s bullish predictions were validated as Bitcoin precisely hit targets of $44,000 and $48,000 in ... (full story)
- Comments
- Subscribe
-
- Older Stories
From fxdailyreport.com|Feb 11, 2024The recent surge in Bitcoin prices can be linked to a significant increase in investments from spot Bitcoin exchange-traded funds (ETFs), according to HODL15Capital. These ETFs ...
From axios.com|Feb 11, 2024|2 commentsCelebrities aren't the only ones pouring into Las Vegas ahead of Super Bowl LVIII Sunday to watch the San Francisco 49ers take on the Kansas City Chiefs. The big picture: The game ...
-
- Newer Stories
From nypost.com|Feb 11, 2024Amazon founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after ...
From cointelegraph.com|Feb 11, 2024Risky assets have been on a roll for several days. The S&P 500 Index has notched five successive weeks of gains, and Bitcoin also rose more than 13% this week, indicating ...
From bnnbloomberg.ca|Feb 11, 2024Bond traders are finally heeding one of the market’s oldest lessons: Don’t fight the Fed. As the Federal Reserve pushed through its steepest interest-rate hikes in decades, ...
- Story Stats
- Posted: Feb 11, 2024 4:20pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 267
