Multiple analysts have repeatedly pointed to $120,000 as bitcoin’s price target this year. Recent developments have strengthened that bullish case, driven by four key factors: the spot price, central bank policy, energy market trend, and technical setup. Let’s take a look at those in detail. BTC’s love affair with $100K Recently, a crypto trader said […]
Ether (ETH) is trading above $2,540, showing strong resilience in the face of market turbulence fueled by heightened geopolitical risk. After briefly dipping to $2,491.72, ETH recovered swiftly, closing higher on above-average volume and validating key support near $2,500, according to CoinDesk Research’s technical analysis model. Technical indicators suggest renewed momentum, supported by a double-bottom […]
Those who have followed financial markets for some time may have heard of contrary indicators. These metrics are often misleading at first glance – some appear positive but tend to signal a market downtrend, while others that seem negative mark price upswings. One such contrary indicator is leveraged bitcoin longs on the crypto exchange Bitfinex. […]
After softly rising over the weekend, bitcoin slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at the […]
April—a month marked by extreme market volatility—saw intensifying U.S.-China tensions and a broad selloff in global markets that led to panic selling of almost all asset classes. Amid the chaos, one of the most improbable winners emerged from the strange depth of the crypto market: Fartcoin (FART). The Solana-based memecoin, has rallied nearly 90% in […]