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Massive Upward Move for Bitcoin Looking More and More Likely Each Passing Day, Says Analyst – But There’s Catch

Massive Upward Move for Bitcoin Looking More and More Likely Each Passing Day, Says Analyst – But There’s Catch

A top cryptocurrency analyst and trader says Bitcoin (BTC) may be gearing up for a massive breakout as it chops around the $96,000 level. The analyst pseudonymously known as DonAlt tells the 65,700 subscribers of the Technical Roundup YouTube channel that Bitcoin’s market structure is showing continual improvement on the daily chart, indicating it may […]

The post Massive Upward Move for Bitcoin Looking More and More Likely Each Passing Day, Says Analyst – But There’s Catch appeared first on The Daily Hodl.

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Bitcoin Close to Breakout as One ‘Reliable’ Signal Turns Bullish, Says Trader – Here Are His Targets

Bitcoin Close to Breakout as One ‘Reliable’ Signal Turns Bullish, Says Trader – Here Are His Targets

Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the crypto king hovers below a price of $100,000. In a new video, Svenson tells his 82,300 YouTube subscribers that the Relative Strength Index (RSI) indicator, which is used to determine oversold or overbought market conditions, is signaling a move to the upside […]

The post Bitcoin Close to Breakout as One ‘Reliable’ Signal Turns Bullish, Says Trader – Here Are His Targets appeared first on The Daily Hodl.

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Gamestop Considering Bitcoin Purchase, Along With Group of Altcoins: Report

Gamestop Considering Bitcoin Purchase, Along With Group of Altcoins: Report

Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report. The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC. Gamestop (GME) shares are up about 5.5% in the last week – rising […]

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‘Looks Like a Bull Trap’: Analyst Says Ethereum Competitor Solana Could Fall Further – Here Are His Targets

‘Looks Like a Bull Trap’: Analyst Says Ethereum Competitor Solana Could Fall Further – Here Are His Targets

A closely followed crypto analyst says that smart contract platform Solana (SOL) is setting up a bull trap for investors. In a new strategy session, pseudonymous crypto analyst Crypto Capo tells his audience on the social media platform Telegram that the Ethereum (ETH) rival looks like it’s ready to fake traders out. “This also looks […]

The post ‘Looks Like a Bull Trap’: Analyst Says Ethereum Competitor Solana Could Fall Further – Here Are His Targets appeared first on The Daily Hodl.

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Peter Thiel-Backed Stablecoin Firm Plasma Rakes In $20,000,000 in Series A Fundraising

Peter Thiel-Backed Stablecoin Firm Plasma Rakes In ,000,000 in Series A Fundraising

A stablecoin firm backed by veteran investor Peter Thiel is raking in tens of millions of dollars worth of funds during a recent fundraising event. In a new thread on the social media platform X, Plasma – a company designing a Bitcoin (BTC)-based blockchain specifically tailored for stablecoins – says it has raised $24 million […]

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Glassnode Co-Founders Issue Bitcoin Alert, Say BTC To Fall if ‘Conditions Don’t Improve’

Glassnode Co-Founders Issue Bitcoin Alert, Say BTC To Fall if ‘Conditions Don’t Improve’

The co-founders of the market intelligence platform Glassnode are warning that Bitcoin (BTC) may decline if two main conditions don’t start improving. In a new thread on the social media platform X, Glassnode and Swissblock co-founders Jan Happel and Yann Alleman – who together share the handle Negentropic – say that Bitcoin is at risk […]

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Altcoin Sector Takes One of Biggest Hits Ever in $234,000,000,000 Devaluation: Glassnode

Altcoin Sector Takes One of Biggest Hits Ever in 4,000,000,000 Devaluation: Glassnode

The altcoin sector suffered “one of its biggest devaluations on record” amid the recent crypto market downtick, according to the digital asset analytics firm Glassnode. Glassnode notes in a new analysis that altcoins experienced significant sell-side pressure in recent weeks as Bitcoin (BTC) outperformed every altcoin subsector. “We can evaluate the magnitude of the drawdown […]

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