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Crypto Analyst Says One Ethereum-Based Altcoin Flashing a Bearish Signal, Updates Outlook on Bitcoin

Crypto Analyst Says One Ethereum-Based Altcoin Flashing a Bearish Signal, Updates Outlook on Bitcoin

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.

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One Catalyst Could Trigger the Next Upward Move for Bitcoin, Predicts Glassnode Co-Founders

One Catalyst Could Trigger the Next Upward Move for Bitcoin, Predicts Glassnode Co-Founders

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 […]

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One Indicator Suggests Bitcoin Still Has Much To Prove Despite Rally to $21,000, Says Analyst Benjamin Cowen

One Indicator Suggests Bitcoin Still Has Much To Prove Despite Rally to ,000, Says Analyst Benjamin Cowen

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.

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Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s Bottom

Crypto Supporters Sift Through the Graveyard of Technical Indicators That Failed to Predict Bitcoin’s BottomAs 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 […]

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Bitcoin Flashes Rare Bottom Signal As Altcoin Market Cap and One More Metric Hint at Trend Reversal: Top Analyst

Bitcoin Flashes Rare Bottom Signal As Altcoin Market Cap and One More Metric Hint at Trend Reversal: Top Analyst

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.

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Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom

Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom

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.

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Bitcoin (BTC) Approaching Level That Historically Acts As Cycle Bottom, Says Top Analyst

Bitcoin (BTC) Approaching Level That Historically Acts As Cycle Bottom, Says Top Analyst

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.

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Top Crypto Analyst Pinpoints Date on Bitcoin and Crypto Turnaround

Top Crypto Analyst Pinpoints Date on Bitcoin and Crypto Turnaround

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 […]

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Top Crypto Analyst Says Historically Accurate Metric Signals Bitcoin (BTC) Bottom Could Be Near

Top Crypto Analyst Says Historically Accurate Metric Signals Bitcoin (BTC) Bottom Could Be Near

A widely followed crypto strategist is looking at one crucial metric with a history of accurately calling Bitcoin (BTC) bottoms. Pseudonymous trader Rekt Capital tells his 303,000 Twitter followers that BTC’s Relative Strength Index (RSI) is reaching a level that historically signals a bounce could be on the horizon for the top crypto asset by […]

The post Top Crypto Analyst Says Historically Accurate Metric Signals Bitcoin (BTC) Bottom Could Be Near appeared first on The Daily Hodl.

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Accumulation Phase of a Lifetime Could Be Coming for Bitcoin, Says Analyst Benjamin Cowen – Here’s Why

A widely-followed crypto analyst says the accumulation phase of a lifetime could be coming for leading crypto asset by market cap Bitcoin (BTC). In a new YouTube update, Cowen tells his 724,000 subscribers that Bitcoin bulls would have a historically attractive opportunity if BTC drops below its 200-day moving average. “If the bottom falls out, which […]

The post Accumulation Phase of a Lifetime Could Be Coming for Bitcoin, Says Analyst Benjamin Cowen – Here’s Why appeared first on The Daily Hodl.

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