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Bitcoin enters ‘bull pennant’ breakout as S&P 500 hits all-time high
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. дальше »
2024-9-20 02:58 | |
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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. дальше »
2020-7-2 12:02 | |
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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. дальше »
2019-12-11 21:00 | |
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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. дальше »
2019-6-7 07:18 | |
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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. дальше »
2019-2-23 02:23 | |
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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. дальше »
2018-11-28 01:55 | |
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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). дальше »
2018-9-28 07:28 | |
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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. дальше »
2018-9-11 01:02 | |
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