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Bitcoin’s Boom or Bust Moment
BTC has gradually declined over the last few days, and the price is at a very important pivot. There was a break below the bull pennant, marked by the orange curve. However, BTC formed a strong rebound, but was unable to reach the upper end of the bull pennant. The recent selloff is raising concerns […]Read More
Bitcoin Likely to Have 3 More Bearish Months in 2024
In the two previous halving cycles, 2016 and 2020, there is a notable pattern with 4 red BTC monthly candles during the year of the Bitcoin halving. There is a pattern where the bearish monthly candles occur around the same time period: two bearish months in Q1 and two bearish months in late Q2, early […]Read More
ETH Retests the Lows of the Green Zone
ETH has been trading in the green zone, and has faced resistance near the upper end of this zone around $3,159.83. These rejections have sent ETH lower, but the price is rebounding near the lows of the green zone around the $3,049.01 support level. I would monitor this support level for a bounce. ChartChamp socials: https://linktr.ee/realchartchamp
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