Is optimism among Bitcoin traders a signal of a bigger BTC breakout to come?
Bitcoin price climbed above the key $21,000 level on January 18, after the release of lower-than-expected US inflation data in the form of the Producer Price Index (PPI), fueled a bullish narrative for risk assets, including cryptocurrencies, among investors.
Solana Price Prediction: Buy the dip or end of bull rally?
Solana price shows a clear shift in the market structure after forming a local top at a crucial hurdle. This development has a chance of sliding lower and triggering a steep correction for SOL holders.
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SHIB Price Analysis: Shiba Inu bulls drop ball, risking full rally unwind
Shiba Inu (SHIB) price action made a staggering jump of over 22% intraday between the low and the high point of Wednesday. Unfortunately, in a video webinar you can find on the FXStreet YouTube channel, warnings were issued on a repetition of Saturday, October 29 of last year, where price action jumped but deflated near the closing bell and saw more than half of its intraday profits evaporate. With plenty of bulls jumping on the breakouts on Wednesday, bears saw a window of opportunity to get back short, and pressure could start to build again to the downside.
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As Bitcoin (BTC) gets closer to the $100,000 mark for the first time — it crossed $99,000 earlier Friday — capital is rotating into alternative cryptocurrencies, creating a buzz in the broader crypto market.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: Rally expected to continue as BTC nears $100K
Bitcoin (BTC) reached a new all-time high of $99,419, just inches away from the $100K milestone and has rallied over 9% so far this week. This bullish momentum was supported by the rising Bitcoin spot Exchange Traded Funds (ETF), which accounted for over $2.8 billion inflow until Thursday. BlackRock and Grayscale’s recent launch of the Bitcoin ETF options also fueled the rally this week.
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