Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is likely undergoing one of its final consolidation phases before making a run to new all-time highs. The pseudonymous trader tells his 536,000 followers on the social media platform X that Bitcoin has already completed its first state of upward price discovery uptrend, and that […]
The post History Suggesting Bitcoin Entering Next Phase of Price Discovery to New Highs: Crypto Analyst appeared first on The Daily Hodl.
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC). In a new strategy session, crypto trader Rekt Capital tells his 533,400 followers on the social media platform X that […]
The post Crypto Analyst Says Solana Rival Biding Time Before Next Move, Updates Outlook on Bitcoin appeared first on The Daily Hodl.
A closely followed crypto analyst says Bitcoin (BTC) tends to shake traders out with false breakdowns before it resumes its upward ascent. In a new strategy session, crypto trader Rekt Capital tells his 532,600 followers on the social media platform X that the crypto king’s swings to the downside often test the conviction of holders. […]
The post Bitcoin Tricking Traders With Fake Breakdowns Before Resuming Parabolic Phase: Rekt Capital appeared first on The Daily Hodl.
A widely followed crypto analyst is alerting investors that Bitcoin (BTC) could plunge even further if a critical support zone falls apart. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 539,600 followers on the social media platform X that the crypto king could fall below $90,000 if it fails to hold […]
The post Crypto Analyst Issues Bitcoin Alert, Predicts Says BTC Could Drop Further if Critical Support Level Crumbles appeared first on The Daily Hodl.
While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
A Bitcoin analyst has warned crypto market participants to tread carefully in the coming months, with more profit-taking expected in the near term.
“Risk is peaking for the first time in this cycle, and there’s a ton of profit in coins that have been selling and plenty more profit-taking to go before we are properly reset,” Bitcoin (BTC) analyst Willy Woo said in a Jan. 10 X post.
He said that although Bitcoin sentiment “seems uber bullish,” market participants should opt for a more “cautious approach” in the coming months. He highlighted his Bitcoin local risk model, which indicates risk levels not seen since January 2023.
A widely followed crypto analyst says that there’s a high chance that Bitcoin (BTC) reverses course after its latest pullback. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 529,900 followers on the social media platform X that based on historical precedence, the crypto king should mount a recovery. “Bitcoin started its […]
The post Bitcoin Has a High Probability of Reversing Upwards After Pullback, Says Crypto Analyst – Here’s Why appeared first on The Daily Hodl.
The crypto markets are witnessing a massive surge in liquidations amid Bitcoin’s (BTC) sudden loss of the $100,000 level. New data from market intelligence platform Coinglass shows traders saw liquidations during the last two days to the tune of $862.4 million, mostly by those betting long on Bitcoin. [ The flagship crypto asset reclaimed the […]
The post Sharp Bitcoin Correction Triggers $862,465,000 in Liquidations As Analyst Issues Warning on BTC Price Action appeared first on The Daily Hodl.
A widely followed analyst is suddenly issuing a warning that the crypto market may not be done correcting. Pseudonymous crypto trader Kaleo tells his 675,300 followers on the social media platform X that significant rallies may not resume for Bitcoin (BTC) and other digital assets until they first hit lower prices. “Still think there’s a […]
The post Analyst Issues Urgent Crypto Alert, Says There’s a Chance the Market Could Go Lower – Here’s His Outlook appeared first on The Daily Hodl.
A crypto strategist who nailed the pre-halving Bitcoin correction earlier this year is warning that BTC may head lower as resistance continues to strengthen. Pseudonymous analyst Rekt Capital tells his 523,400 followers on the social media platform X that Bitcoin is looking near-term bearish as it struggles to reclaim key support levels on the weekly […]
The post Additional Downside for Bitcoin To Be Expected As Resistance Remains Strong, According to Analyst appeared first on The Daily Hodl.
Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to the lower $3,000s remains a possibility following its 10% fall over the past seven days.
Ethereum’s price may remain range-bound between two key psychological levels in the near term as it continues to face difficulty holding above the $4,000 price level, according to a crypto analyst.
“Ethereum continues to struggle with the psychological resistance of $4000,” pseudonymous crypto trader Rekt Capital said in a Dec. 20 market report. Over the past 30 days, Ether has climbed above $4,000 several times, with a peak of $4,077 on Dec. 6, but hasn't been able to hold the price level, according to CoinMarketCap data.
Rekt said that $3,000 has now become "psychological support,” for Ether (ETH), a level that Ether last touched on Nov 9. Before that, Ether had been trading below $3,000 since Aug. 3.
