Experts like Tom Lee believe Bitcoin will climb higher Metrics suggested the market hasn’t bottomed yet in light of the persistent sell-side pressure As a researcher with experience in analyzing cryptocurrency markets, I believe that while there is optimism among some experts like Tom Lee that Bitcoin will continue to climb higher, the current market … Read more
As a researcher with a background in cryptocurrencies, I find the current analysis of Bitcoin’s (BTC) potential price reversal based on the inverse head and shoulders pattern quite intriguing. The bullish indicator, as explained by crypto trader Matthew Hyland, could signal a bottom pattern reversal if Bitcoin holds above its short-term holder price of $59,500. … Read more
ETH’s price appreciated by over 5% on 3 May This contributed to a hike in the number of short positions liquidated As a researcher with a background in cryptocurrencies and derivatives markets, I find the recent price rally of Ethereum [ETH] on May 3rd intriguing. The sudden surge in ETH’s price led to a significant … Read more
The Puell Multiple closed in on a historical accumulation point Bitcoin’s Delta Cap surged, suggesting that the price might not hit $100,000 this cycle As a seasoned crypto investor with a few cycles under my belt, I find the recent developments in Bitcoin’s Puell Multiple and Delta Cap quite intriguing. The Puell Multiple dropping to … Read more
Count of XRP whales has risen over the past month This, despite the fall in the crypto’s value As a seasoned crypto investor with a keen interest in XRP, I find the recent surge in the number of XRP whales holding between 1,000 and 1,000,000 tokens intriguing. Although the value of XRP has taken a … Read more
Top altcoins like Ethereum, Solana, and BNB registered major gains over the last 24 hours However, metrics and technical indicators weren’t all bullish As an experienced crypto analyst, I have closely monitored the market’s trends and developments over the past few years. The recent surge in top altcoins like Ethereum, Solana, and Binance Coin (BNB) … Read more