It’s time to have a look at some main news of the week 👇
1️⃣ Bitcoin Price Analysis: Decision Time Facing Now Huge Resistance Area – Hidden Divergence?
❓ What does it mean ❓ Over the past two days, Bitcoin (BTC) price maintained the same $9200 – $9500 trading area that followed its price action for quite some time. BTC is known for its volatility and does not tend to stay at one place for long, or trade at a tight range of 3-4% for days already.
👉 https://cryptopotato.com/bitcoin-price-analysis-decision-time-facing-now-huge-resistance-area-hidden-divergence/
2️⃣ Ethereum Price Analysis: Bullish Trend Intact But ETH Is Testing Critical Support
❓ What does it mean ❓ Ethereum remains above the rising trend line, which is a very good sign. However, the bullish momentum does seem to be fading slightly as the RSI dips beneath the 50 line. This rising support trend line will be crucial to remain above to keep the ETH bull run intact.
👉 https://cryptopotato.com/ethereum-price-analysis-bullish-trend-intact-but-eth-is-testing-critical-support/
3️⃣ Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
❓ What does it mean ❓ A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets.
👉 https://news.bitcoin.com/analysts-say-bitcoin-breakout-imminent-silver-like-suppression-5-trillion-in-cash-could-flow-into-btc/
What do you think? 😎
#Cryptology_news
1️⃣ Bitcoin Price Analysis: Decision Time Facing Now Huge Resistance Area – Hidden Divergence?
❓ What does it mean ❓ Over the past two days, Bitcoin (BTC) price maintained the same $9200 – $9500 trading area that followed its price action for quite some time. BTC is known for its volatility and does not tend to stay at one place for long, or trade at a tight range of 3-4% for days already.
👉 https://cryptopotato.com/bitcoin-price-analysis-decision-time-facing-now-huge-resistance-area-hidden-divergence/
2️⃣ Ethereum Price Analysis: Bullish Trend Intact But ETH Is Testing Critical Support
❓ What does it mean ❓ Ethereum remains above the rising trend line, which is a very good sign. However, the bullish momentum does seem to be fading slightly as the RSI dips beneath the 50 line. This rising support trend line will be crucial to remain above to keep the ETH bull run intact.
👉 https://cryptopotato.com/ethereum-price-analysis-bullish-trend-intact-but-eth-is-testing-critical-support/
3️⃣ Analysts Say Bitcoin Breakout Imminent: Silver-like Suppression, $5 Trillion in Cash Could Flow Into BTC
❓ What does it mean ❓ A number of venture capitalists and macro investors believe bitcoin’s price will break out soon following suit with gold’s recent climactic rise. Dan Tapeiro, cofounder of Gold Bullion International, thinks that $4.6 trillion in cash sitting on the sidelines right now, could very well flow into precious metals and crypto-asset markets.
👉 https://news.bitcoin.com/analysts-say-bitcoin-breakout-imminent-silver-like-suppression-5-trillion-in-cash-could-flow-into-btc/
What do you think? 😎
#Cryptology_news