RSI

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

August 3, 2022 The Daily Hodl

Altcoins

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 […]

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

July 8, 2022 The Daily Hodl

200-week moving average

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

June 16, 2022 The Daily Hodl

Bitcoin

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, […]

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Top Crypto Analyst Pinpoints Date on Bitcoin and Crypto Turnaround

June 3, 2022 The Daily Hodl

bear market bottom

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.

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

May 20, 2022 The Daily Hodl

Bear Market

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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Biggest Movers: LUNA Loses 50% of Its Value, While XMR and AXS Declines Continue

May 10, 2022 Bitcoin.com

Analysis

LUNA was down by over 50% in today’s session as markets continued to react to UST losing its parity with USD. As such traders lost faith in the stablecoin founded by Do Kwon, which dropped to its lowest point since September. Whilst LUNA stole the headlines, XMR and AXS also saw recent losses extended. Terra […]

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

April 12, 2022 The Daily Hodl

Bitcoin

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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Technical Indicator Hinting at Sizeable Bitcoin (BTC) Rally, According to Crypto Analyst Justin Bennett

February 24, 2022 The Daily Hodl

Bitcoin

A popular crypto analyst thinks one metric might hold the key to revealing if Bitcoin (BTC) is headed for a breakout after weathering a sudden price drop at the start of the week. In a new YouTube update, Justin Bennett discusses Bitcoin’s relative strength index (RSI), a metric analyzing the crypto asset’s candle oscillation over […]

The post Technical Indicator Hinting at Sizeable Bitcoin (BTC) Rally, According to Crypto Analyst Justin Bennett appeared first on The Daily Hodl.

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Bitcoin (BTC) Flashing Extremely Bullish Signal While One Ethereum (ETH) Competitor Bottoms Out: InvestAnswers

February 17, 2022 The Daily Hodl

Altcoins

A popular crypto analyst is looking for Bitcoin (BTC) to break to the upside while analyzing the strength of Solana (SOL) after the layer-1 blockchain protocol’s rough start to 2022. In a new strategy session, the host of financial education YouTube channel InvestAnswers shows his 411,000 subscribers a Bitcoin chart highlighting a recent inverse head-and-shoulders […]

The post Bitcoin (BTC) Flashing Extremely Bullish Signal While One Ethereum (ETH) Competitor Bottoms Out: InvestAnswers appeared first on The Daily Hodl.

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Crypto Analyst Predicts Parabolic Bitcoin Rally, Updates Massive BTC Price Target for 2022

February 16, 2022 The Daily Hodl

Bitcoin

A popular crypto strategist and trader is predicting that a parabolic rally is in store for Bitcoin (BTC) in the coming months as he unveils his huge price target for BTC this year. Pseudonymous analyst TechDev tells his 363,500 Twitter followers that he’s looking at the inverted chart of Bitcoin and says that BTC is […]

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