3 warning signs suggest the Bitcoin price rally is overextended
It’s a classic euphoria setup on Bitcoin markets Thursday as traders flip long BTC in ever larger numbers. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
It’s a classic euphoria setup on Bitcoin markets Thursday as traders flip long BTC in ever larger numbers. Go to Source Powered by WPeMatico
On paper, EOS has great fundamentals, but derivatives markets suggest traders don’t feel the same about the altcoin’s price potential. Go to Source Powered by WPeMatico
The successful launch of the long-awaited Columbus-5 upgrade is just one of the factors in LUNA’s ascension to a new record high. Go to Source Powered by WPeMatico
Bitcoin has surged above the overhead resistance and that has pulled several altcoins higher. Go to Source Powered by WPeMatico
BTC price broke out of its multi-month long range, securing a daily close above $50,000 and prompting traders to extend their short-term target to $56,000. Go to Source Powered by WPeMatico
AXS wrested control of the 2021 bull market to become one of the top-performing tokens, and Cointelegraph’s Markets Pro indicators accurately tracked each step of the journey. Go to Source Powered by WPeMatico
BTC’s futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet. Go to Source Powered by WPeMatico
LINA, SCRT and PRE each rallied by 20% and Bitcoin’s attempt to flip $50,000 to support could extend the current rally seen across the altcoin market. Go to Source Powered by WPeMatico
Analysts identify the key levels BTC needs to hold in order to see continuation above $50,000. Go to Source Powered by WPeMatico
Bitcoin bulls have set their sights on $50,000 and this renewed push is also boosting large and small-cap altcoin prices. Go to Source Powered by WPeMatico