Analyst and trader Ali Martinez is saying that Bitcoin (BTC) is flashing a bullish signal amid the flagship cryptocurrency resting at a level last witnessed in early May. Martinez tells his 65,300 followers on the social media platform X that every time the Relative Strength Index (RSI) indicator has slid into “oversold territory” over the […]
The post Bitcoin (BTC) Flashing Signal That Led to Nearly 200% Rally in August 2023, According to Crypto Analyst appeared first on The Daily Hodl.
A widely followed analyst and trader is expressing bullish sentiment on an Ethereum (ETH) competitor that has soared by triple digits in half a year. The analyst pseudonymously known as Bluntz tells his 254,100 followers on the social media platform X that Solana (SOL) appears to have completed a short-term bearish phase when paired against […]
The post Altcoin That’s Exploded Over 700% in Six Months Gearing Up for the Next Leg Higher, Says Top Crypto Analyst appeared first on The Daily Hodl.
A crypto analyst thinks indications of a bearish signal are being displayed by one Ethereum (ETH)-based altcoin. Ali Martinez tells his 30,800 followers on the social media platform X that the native asset of the decentralized oracle network Chainlink (LINK) could be primed for a brief correction. Citing data from crypto analytics firm Santiment, Martinez […]
The post Crypto Analyst Says One Ethereum-Based Altcoin Flashing a Bearish Signal, Updates Outlook on Bitcoin appeared first on The Daily Hodl.
The co-founders of the crypto analytics platform Glassnode are forecasting that one catalyst could kickstart Bitcoin’s (BTC) next rally. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle, tell their 55,900 X followers that if the Relative Strength Index (RSI) indicator falls below 37, it could trigger a BTC rally. The RSI […]
The post One Catalyst Could Trigger the Next Upward Move for Bitcoin, Predicts Glassnode Co-Founders appeared first on The Daily Hodl.
A popular crypto analyst says one closely followed indicator suggests that Bitcoin (BTC) still has much to prove even after mounting a strong rally. In a new strategy session, Benjamin Cowen tells his 782,000 YouTube subscribers that Bitcoin’s Relative Strength Index (RSI) remains at historical lows. The RSI is a momentum indicator that aims to […]
The post One Indicator Suggests Bitcoin Still Has Much To Prove Despite Rally to $21,000, Says Analyst Benjamin Cowen 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 closely followed analyst is highlighting one key historical metric as an indicator that Bitcoin (BTC) may finally have set a bottom after an eight-month-long bear market. The pseudonymous crypto enthusiast TechDev tells his 399,600 Twitter followers about the significance of 1-year HODL waves, a metric that keeps track of Bitcoin that has remained dormant […]
The post Bitcoin Flashes Rare Bottom Signal As Altcoin Market Cap and One More Metric Hint at Trend Reversal: Top Analyst 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 analyst says Bitcoin (BTC) may need to move further below an important moving average (MA) before hitting its cycle bottom. Pseudonymous trader Rekt Capital tells his 316,000 Twitter followers Bitcoin crossed its 200-week moving average for the first time since March 2020. Explaining the historical patterns BTC follows after crossing this average, […]
The post Bitcoin (BTC) Approaching Level That Historically Acts As Cycle Bottom, Says Top Analyst appeared first on The Daily Hodl.
A widely followed crypto strategist says one crucial metric can help accurately call Bitcoin (BTC) market bottoms. Pseudonymous trader Rekt Capital tells his 311,400 Twitter followers that BTC’s Relative Strength Index (RSI) is mirroring levels reached in January 2015, December 2018 and March 2020, signaling a bounce might be on the horizon for the top […]
The post Top Crypto Analyst Pinpoints Date on Bitcoin and Crypto Turnaround appeared first on The Daily Hodl.
