Today, we delve into Theta Coin, part of our series examining altcoins that could benefit from a bullish market. When investing in altcoins, it’s crucial to consider the actual business direction or value of the coin. A coin’s appeal is meaningless to an investor if its price doesn’t rise. Conversely, even a less promising coin … Read more
As anticipated, the price of Bitcoin is on the rise. The previous peak was at 73777, so if it continues to climb, reaching 75000 or more seems quite plausible. However, to navigate through margin trading platforms, it’s essential to clear out those anticipating an upward trend. This might entail a temporary downturn followed by a … Read more
It appears that Bitcoin is consolidating as expected and is laying the foundation for a rise. Looking at the Bybit chart, it seems to be gaining more strength upwards, and the Binance chart also shows an upward momentum. It appears to be ready to break higher, but it’s uncertain when it will gain the necessary … Read more
In the daily chart, we’re observing a convergence of trends, which is noteworthy. It’s common to see an uptrend on Saturdays, indicating that the markets are in a favorable phase of convergence. When comparing the movements on Binance and Bybit, it’s apparent that Bybit acts as a lagging indicator. This suggests that trading on Bybit … Read more
As Bitcoin surges past the $73,000 mark, we find ourselves in a period of consolidation. Historically, significant figures often herald a pause in momentum. A glance at the charts reveals previous instances where Bitcoin grappled with the $70,000 threshold, suggesting a potential continuation of the uptrend. However, the narrative doesn’t end there. To truly echo … Read more