Ethereum's native token Ether (ETH) looks poised to extend its selloff this week as it wobbles near a key support level of $4,000.ETH price dropped by over 5.50% on Dec. 6 to an intraday low at $3,913. In doing so, it slipped through upward sloping support that constituted an Ascending Channel that — more or less — appears like a Bear Flag, a bearish continuation setup.ETH/USD … [Read more...] about Ethereum bulls retain hopes of $10K despite ETH price chart bear flag
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Bitcoin’s Bull Flag Breakout Suggests More Upside; Support at $57K
Bitcoin bounced to $66,000 on Monday, partially erasing the losses from last Wednesday. Technical charts signal an impending boost from a bullish continuation pattern.“BTC has broken out of the Flag pattern, and buying momentum is expected to continue,” MintingM, a Mumbai-based crypto asset management company, said in its weekly market report. “Bitcoin could break the … [Read more...] about Bitcoin’s Bull Flag Breakout Suggests More Upside; Support at $57K
Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag
Bitcoin (BTC) has seen a classic indicator of a coming bull run pass a historic milestone as miners commit more and more resources to its future.According to data from on-chain monitoring resource Glassnode on Friday, Bitcoin’s network hash rate has passed total exahashes per second for the first time in its history.Hash rate underscores miner commitmentComing as a spike in a … [Read more...] about Bitcoin hash rate hits record 200 EH/s in fresh BTC price bull flag
Bull flag breakout sets a $55,000 target for Bitcoin price
Bitcoin (BTC) price sliced through the $50,000 resistance level during the early trading hours on March 3 as bulls found their momentum and the majority of altcoins joined in on the rally as the day progressed. Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin was trading at $48,500 in the early hours on March 3 before surging 8.6% to an intraday … [Read more...] about Bull flag breakout sets a $55,000 target for Bitcoin price