Bitcoin has climbed 250% since BlackRock’s IBIT launch. But those massive green candles—spikes traders chase—could become a thing of the past. According to Bloomberg analyst Eric Balchunas, the era of sudden jolts up or down may be ending. He says that spot ETFs and big companies piling in will smooth out those drawdowns. Spot ETF…
View More Bitcoin’s Parabolic Glory Days May Be Over, Analyst Claims
According to crypto analyst CryptoS6, BONK is approaching a critical juncture as it tests the 200-day Simple Moving Average (SMA) at approximately $0.0000238, a level that has historically acted as a strong resistance during downtrends. A decisive break and sustained move above this long-term indicator could signal a significant trend reversal, effectively marking the end…
View More BONK Poised For Liftoff As Bulls Target Long-Term SMA Breakout
Ethereum (ETH) appears to be finally waking up from its slumber as the second-largest cryptocurrency by market cap has jumped 8% in the past 24 hours, surpassing the key $3,800 price level. Is An ETH God Candle On The Horizon? Ethereum’s rise appears to align with declining Bitcoin (BTC) dominance. This important metric is tracked…
View More Ethereum Crosses $3,800: Is The ‘God Candle’ Nearing? Analysts Weigh In