BTC was in a 3 day downtrend, but has formed a bullish rebound at an important $61K support level. Bulls defended the light blue trendline, which also intersects with the bottom of the bull pennant. However, BTC is facing short-term resistance at the orange trendline. I would monitor to see if BTC keeps facing resistance here because this could lead to concerns for the price breaking down again.
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There are still two more days left for the Nashville Bitcoin Conference, and BTC has been trying to break through the upper range of this bull pennant pattern. I have $67.9k as a key resistance target to monitor for a bullish breakout. Bitcoin is starting to outperform Ethereum despite the focus on ETH for the […]
Read MoreEthereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]
Read MoreSOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
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There are still two more days left for the Nashville Bitcoin Conference, and BTC has been trying to break through the upper range of this bull pennant pattern. I have $67.9k as a key resistance target to monitor for a bullish breakout. Bitcoin is starting to outperform Ethereum despite the focus on ETH for the […]
Read MoreEthereum is starting to rebound around $3.1k, and could start to trend up again. I would monitor the Grayscale Ethereum ETF flows because all of the selling is primarily coming from Grayscale. This was a trend that we observed for Bitcoin during the Bitcoin ETF launch. I think once Grayscale stops selling Ethereum could see […]
Read MoreSOL has shown a lot of bullish momentum, and is starting to break through the red resistance line. I think SOL continues to rally up to the resistance zone around $202-210. Follow me on social media: https://linktr.ee/realchartchamp
Read More