A widely followed crypto analyst says that he expects Bitcoin’s (BTC) current period of low-volatility consolidation to resolve in a strong breakout rally. In a new video update, seasoned trader Tone Vays tells his 123,000 YouTube subscribers that even though the king crypto is in the middle of a “boring” consolidation phase, it’s flashing signs […]
The post Trader Tone Vays Predicts Bitcoin Burst to the Upside Amid ‘Boring’ Consolidation – Here’s His Timeline appeared first on The Daily Hodl.
As the end of 2022 approaches, a great number of bitcoin proponents are questioning whether or not the bottom is in as far as the official end of the crypto winter is concerned. The current bitcoin bear run just entered the longest bottom formation since the 2013-2015 bitcoin bear market. Moreover, analysts note that most […]
A popular crypto analyst and trader is unveiling what the leading digital asset Bitcoin (BTC) needs to do to regain a key support level. The pseudonymous analyst Rekt Capital tells his 328,000 Twitter followers that the top crypto asset by market cap lost its 200-week moving average weeks ago but has yet to flip it […]
The post Popular Crypto Trader Outlines How Bitcoin (BTC) Can Overcome Weeks of Bearish Price Action appeared first on The Daily Hodl.
A Bitcoin (BTC) trading veteran says BTC’s 200-week moving average (200WMA) and relative strength index (RSI) are flashing positive signals. Pseudonymous analyst Plan B tells his 1.9 million followers that BTC’s 200WMA is showing a bottom, but he needs the RSI to confirm. “About this chart: 1) Realized/200WMA shows how small 2021 bull market was compared […]
The post Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom appeared first on The Daily Hodl.
A popular crypto trader says that Bitcoin is approaching a price zone that could offer a highly favorable risk-reward ratio for long-term BTC investors. Pseudonymous crypto strategist Rekt Capital tells his 320,900 Twitter followers that this cycle might be different for BTC as the king crypto continues to trade below the 200-week moving average (MA), […]
The post Bitcoin (BTC) Approaching ‘Peak Opportunity’ Zone, According to Top Crypto Trader appeared first on The Daily Hodl.
A popular crypto strategist is highlighting one key metric to determine whether or not Bitcoin (BTC) will outshine altcoins in the coming months. The pseudonymous trader Rekt Capital tells his 312,300 Twitter followers the Bitcoin Dominance chart (BTC.D) seems poised to rise and complete a wedge pattern dating back to early 2021. “BTC Dominance is […]
The post Altcoins in Danger of Getting Wrecked As Bitcoin Forms Bottom, According to Top Crypto Analyst appeared first on The Daily Hodl.
