Bitcoin has corrected 17% so far and could have further to go. But it should be OK.

Bitcoin price is already back headed toward all-time highs set last weekend, after a short-lived, yet steep selloff on the back of a ban potentially hitting India. The full correction thus far was a mere 13% from top to bottom – mundane by the normally notoriously volatile cryptocurrency’s standards. In fact, one career commodities trader that’s been around markets for decades, says that this current bull run in Bitcoin is “extraordinarily orderly” compared to past […]

Wall Street veteran and crypto analyst Tone Vays says Bitcoin is setting the stage for a larger correction. In a new strategy session, Vays tells his 104,000 YouTube subscribers that he believes BTC is set to rally in the short term but may face a big sell-off after. The Wall Street trader says the momentum […]

The post Veteran Analyst Tone Vays Says Bitcoin Gearing Up for a Larger Correction – Here’s When appeared first on The Daily Hodl.

Bitcoin is forming its third correction pattern in the current bull cycle and if it follows previous patterns, prices could drop significantly lower.

Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The Blockroot.com founder said in a tweet published Tuesday that BTC/USD could keep on rallying higher based on two reasons. First, the recent approval of US President Joe Biden’s $1.9 trillion stimulus package in the Senate could assist […]

Bitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp increase in open interest has traders cautious currently. Here’s a closer look at why that’s the case and what could […]

Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price...

Ripple extended its upward move towards the $0.2500 resistance against the US Dollar. XRP price is currently consolidating gains above $0.2400 and it...

Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above...

The new weekly and monthly Bitcoin price candle kicked off with a powerful move to the upside, but yesterday was rejected with force.Although...