Bitcoin (BTC) Breaks Out, Approaches Weekly Highs Near Wall Street Opening”
Bitcoin (BTC) experienced a breakout, surging higher as it approached the Wall Street opening on September 27. The price of BTC reached $26,823 on Bitstamp, marking a 2% increase and bringing it to near-weekly highs. Here are some key points from this development: Analysts had already been eyeing ...
“Bollinger Bands Indicator Signals Potential Upside Volatility for Bitcoin (BTC)
The Bollinger Bands indicator, created by John Bollinger, suggests that Bitcoin (BTC) could experience fresh upside volatility, potentially leading to a breakout. This conclusion comes after Bitcoin recently hit new highs for September and challenged resistance levels not seen since mid-August. T ...
Ripple’s Recovery Attempt: Implications for XRP’s Future Dynamics
Ripple tries to recover above the midline of the long-term pattern. Success or failure could have serious implications for the future dynamics of XRP. While short-term indicators suggest that XRP will continue to rise, the longer-term outlook remains unclear and leans toward a bearish outlook. ...
Glassnode Observes Narrowing BTC Trading Range Indicating High Short-Term Volatility
This is what Glassnode The figure is only 3.4% This could indicate high volatility in the short term The BTC trading range has narrowed to 3.4% according to Glassnode. Usually such market behavior indicates high volatility in the short term. The tr ...
Bitcoin (BTC) Forms Bearish Candle and Breaks Short-term Pattern
Bitcoin (BTC) fell sharply, forming a bearish candle from last week and making a bearish breakout from a short-term pattern As thought, bitcoin formed a local top and triggered a significant correction. However, yesterday BTC began to rebound. Here's how it could affect the long-term dynamics ...