2024-9-20 02:58

Bitcoin's bull pennant suggests a potential surge, with a price target of $158,000 by May 2025 following S&P 500's record high. The post Bitcoin enters ‘bull pennant’ breakout as S&P 500 hits all-time high appeared first on Crypto Briefing.

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Источник: cryptobriefing.com

Bitcoin forms bullish pennant as Raydium, Celestia, EOS prices rise

Bitcoin (BTC) price continued its bullish trend in the overnight session after the Federal Reserve decided to leave interest rates unchanged. While the bank left the door for another rate hike wide open, most analysts believe that a prolonged pause followed by a cut will happen.

Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why

Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst sees BTC/USD breaking above the technical pattern and aim for an all-time high as its upside target.

Bitcoin Price: Bear Pennant Targets $4,600, Has The Breakdown Begun?

Bitcoin price has been steadily falling, locked in a downtrend over the course of the last few months, taking the price of the cryptocurrency to roughly 50% of the year’s high of $14,000. After the latest sustained drop, Bitcoin has been consolidating in what now appears to be a bear pennant chart pattern formation, which.

Ethereum Market Watch: Failed To Beat Expectations, Is ETH Losing Momentum?

Ethereum has stalled in its price gain momentum toward its recent price surge which has taken the coin to a high level when you look at the bullish pennant breakout situation. But no matter how the cryptocurrency tries to get there, it appears not to be moving that high.

Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

The cryptomarket remains coiled as we lead into the weekend with no new highs and no new lows being established for bitcoin. However, it is nicely consolidating on lower time frames and hints toward the possibility of another leg up:Figure 1: BTC-USD, Hourly Candles, Consolidating PennantThe pattern shown in Figure 1 outlines a potential continuation pattern called a “bullish pennant.

Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

Much like the rest of the crypto market, ether has found itself devalued by more than 90% since its all-time high of $1,400 back in December of 2017. And now, almost a year later, ether sits just above $100 on what appears to be shaky ground during its latest round of selling over the last few weeks:Figure 1: ETH-USD, Daily Candles, Rapid DescentSimilar to bitcoin’s movement discussed in yesterday’s article, ETH-USD experienced a parabolic growth profile during its bull run.

Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported Above $540

Key Points Bitcoin cash price extended gains above the $550 resistance and traded towards $600 against the US Dollar. There was a break above a bullish pennant pattern with resistance at $522 on the hourly chart of the BCH/USD pair (data feed from Kraken).

Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s.

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Bitcoin jumps 6% after Fed cuts rates by 50 basis points

Bitcoin climbs 6% to $63,000 after the Federal Reserve cuts rates by 50 basis points, boosting investor optimism. The post Bitcoin jumps 6% after Fed cuts rates by 50 basis points appeared first on Crypto Briefing.

Polymarket users outperform economists in predicting US rate cut

Polymarket users' accurate predictions highlight the potential of decentralized forecasting markets to outperform traditional economic experts. The post Polymarket users outperform economists in predicting US rate cut appeared first on Crypto Briefing.

Powell downplays recession concerns amid solid economic growth

Powell's optimism and policy adjustments suggest a balanced approach to sustaining economic growth while mitigating recession risks. The post Powell downplays recession concerns amid solid economic growth appeared first on Crypto Briefing.

Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut

The Fed's rate cut boosts both crypto and stock markets, signaling potential economic easing but also reflecting underlying economic concerns. The post Bitcoin jumps close to $61,000, then pulls back after Fed’s rate cut appeared first on Crypto Briefing.

Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off

Market participants were uncertain about the size of rate cut prior to the Fed meeting, laying the groundwork for volatility on the markets.

Fed makes aggressive 50 bps cut amid recession fears

The Fed's aggressive rate cut highlights significant economic concerns, potentially influencing market stability and recession probabilities. The post Fed makes aggressive 50 bps cut amid recession fears appeared first on Crypto Briefing.

Bitcoin enters ‘bull pennant’ breakout as S&P 500 hits all-time high

2024-9-20 02:58

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high pennant → Результатов: 9

Bitcoin forms bullish pennant as Raydium, Celestia, EOS prices rise

2023-11-3 03:02

Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why

2020-7-2 12:02

Bitcoin Price: Bear Pennant Targets $4,600, Has The Breakdown Begun?

2019-12-11 21:00

Ethereum Market Watch: Failed To Beat Expectations, Is ETH Losing Momentum?

2019-6-7 07:18

Bitcoin Price Analysis: Bullish Setups Could Break Current Market Structure

2019-2-23 02:23

Ether Price Analysis: Untested Support Leaves Shaky Foundation During Drop

2018-11-28 01:55

Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported Above $540

2018-9-28 07:28

Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

2018-9-11 01:02

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