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 Bitcoin will propel the next leg up if key trading pattern confirms Traders

Bitcoin will propel the next leg up if key trading pattern confirms Traders


Published: 2024-05-05


1. Bitcoin's price movement and technical analysis: The article discusses the inverse head and shoulders pattern in Bitcoin's price chart,which is considered a bullish indicator by crypto traders. This pattern typically signals a reversal of a downtrend and a potential uptrend ahead. Traders may use this pattern to predict future price movements and make trading decisions.

2. Market sentiment and investor behavior: The article may also touch upon how market sentiment and investor behavior play a crucial role in interpreting technical patterns like the inverse head and shoulders in Bitcoin's price chart. The optimism or pessimism of traders and investors can influence the effectiveness of such patterns as indicators of future price movements.

3. Short-term price predictions and trading strategies: Furthermore,the article could provide short-term price predictions based on the identified inverse head and shoulders pattern in Bitcoin's chart. Traders may use this information to develop trading strategies to capitalize on potential price fluctuations in the cryptocurrency market. It emphasizes the importance of staying updated on technical analysis and market trends to make informed trading decisions.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,204.60 1,995,300,285.30
2 BTC title=BTC 69,086.91 1,016,954,039.64
3 ETH title=ETH 3,741.40 814,680,044.43
4 PEPE title=PEPE <0.01 685,035,662.13
5 SOL title=SOL 166.65 349,616,828.97
6 PEOPLE title=PEOPLE 0.08 305,166,626.67
7 DOGE title=DOGE 0.17 197,424,097.93
8 WIF title=WIF 2.98 157,454,154.95
9 BOME title=BOME 0.01 139,831,583.40
10 BONK title=BONK <0.01 128,490,311.55
11 ETHFI title=ETHFI 5.01 103,137,183.82
12 ENA title=ENA 0.93 101,126,889.17
13 UNI title=UNI 11.03 98,735,074.01
14 FLOKI title=FLOKI <0.01 80,533,611.00
15 XRP title=XRP 0.54 77,381,560.84
16 NEAR title=NEAR 8.05 68,385,614.15
17 RUNE title=RUNE 6.72 57,873,482.51
18 OP title=OP 2.55 53,489,245.04
19 PENDLE title=PENDLE 6.76 50,002,614.47
20 LDO title=LDO 2.48 49,842,426.01
21 LINK title=LINK 17.33 45,982,621.10
22 RNDR title=RNDR 10.10 43,918,862.62
23 WLD title=WLD 4.73 40,342,678.16
24 SAGA title=SAGA 2.48 38,845,808.20
25 TNSR title=TNSR 1.07 36,301,272.12
26 FTM title=FTM 0.81 35,673,146.35
27 OGN title=OGN 0.17 34,364,462.49
28 ENS title=ENS 23.69 34,241,376.50

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Uniswap title=UNI 11.03 +19.13
2 Cartesi title=CTSI 0.26 +19.04
3 Yield Guild Games title=YGG 1.06 +17.50
4 Dusk title=DUSK 0.43 +16.85
5 Renzo title=REZ 0.14 +13.19
6 Santos FC Fan Token title=SANTOS 6.68 +10.96
7 Omni Network title=OMNI 17.29 +10.41
8 Ren title=REN 0.08 +10.31
9 Perpetual Protocol title=PERP 1.18 +10.22
10 Blur title=BLUR 0.47 +9.98
11 Maverick Protocol title=MAV 0.48 +9.50
12 Aave title=AAVE 106.29 +8.93
13 Sushi title=SUSHI 1.28 +8.77
14 Ethena title=ENA 0.93 +8.52
15 Pepe title=PEPE <0.01 +8.06
16 Lido DAO title=LDO 2.48 +7.83
17 Pixels title=PIXEL 0.40 +7.36
18 SSV Network title=SSV 50.03 +7.29
19 Solar title=SXP 0.37 +7.26
20 Chromia title=CHR 0.37 +7.21
21 Mines of Dalarnia title=DAR 0.16 +6.84
22 Compound title=COMP 63.45 +6.80
23 Convex Finance title=CVX 2.87 +6.69
24 Portal title=PORTAL 0.85 +6.53
25 Saga title=SAGA 2.48 +6.35
26 Badger title=BADGER 4.54 +6.17
27 Tensor title=TNSR 1.07 +5.78
28 Memecoin title=MEME 0.03 +5.69
29 Pendle title=PENDLE 6.76 +5.69
30 BEAMX title=BEAMX 0.03 +5.57

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Open Campus title=EDU 1.02 -11.11
2 ConstitutionDAO title=PEOPLE 0.08 -4.14
3 Reserve Rights title=RSR <0.01 -3.64
4 DataBot title=DATA 0.06 -1.97
5 TRON title=TRX 0.11 -1.40
6 LeverFi title=LEVER <0.01 -1.36
7 OAX title=OAX 0.23 -1.22
8 BinaryX title=BNX 1.37 -1.03
9 Solana title=SOL 166.65 -1.02
10 COTI title=COTI 0.13 -1.02
11 Harmony title=ONE 0.02 -1.01
12 Synapse title=SYN 0.77 -0.99
13 BasedSwap title=BSW 0.09 -0.88
14 DeXe title=DEXE 12.09 -0.78
15 Hooked Protocol title=HOOK 0.92 -0.74
16 Enjin Coin title=ENJ 0.35 -0.68
17 Avalanche title=AVAX 37.94 -0.66
18 Arweave title=AR 40.25 -0.59
19 SafePal title=SFP 0.80 -0.52
20 FC Barcelona Fan Token title=BAR 2.49 -0.52
21 Bitcoin Cash title=BCH 493.00 -0.48
22 BENQI title=QI 0.02 -0.43
23 Bittensor title=TAO 430.30 -0.42
24 ARK title=ARK 0.82 -0.38
25 Manchester City Fan Token title=CITY 3.04 -0.33
26 PAX Gold title=PAXG 2,339.00 -0.26
27 Acala title=ACA 0.10 -0.19
28 League of Kingdoms title=LOKA 0.27 -0.15
29 Stargate Finance title=STG 0.51 -0.12
30 Loopring title=LRC 0.28 -0.11

Bitcoin's Greed and Fear Index.

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76
Extreme Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 Ethereum lacks a 039simple one liner039 elevator pitch for boomers Analysts 2024-05-25
2 US ETH ETF approval pressures Korean regulators 2024-05-25
3 Don039t jump to conclusions about ETH 039pullbacks039 Traders 2024-05-25
4 Bitcoin white paper returns to Bitcoinorg website 2024-05-25
5 Google blames users for wildly inaccurate AI Overview outputs 2024-05-25
6 EU says ChatGPT outputs too much false information to comply with rules 2024-05-25
7 Ethereum039s lackluster performance has little to do with spot ETH ETF approval 2024-05-25
8 3 tips for protecting Bitcoin profits amid Ethereum ETF mania 2024-05-25
9 Ethereum Foundation to have conflict of interest policy after EigenLayer crossovers 2024-05-25
10 Solana eyes 2025 for Firedancer rollout as DePIN activity surges 2024-05-25
11 Crypto Biz Kraken denies USDT delisting crypto custody on the rise and more 2024-05-25
12 Chainlink price hits 6 week high is 20 LINK the next stop 2024-05-25
13 BitGos 100M suit against Galaxy can proceed Delaware Supreme Court 2024-05-25
14 Marathon Digital enters renewable energy partnership with Kenyan govt 2024-05-25
15 How to train an AI bot to day trade crypto 2024-05-25
16 Nvidia faces 039near zero chance039 of beating Bitcoin this decade again Crypto execs 2024-05-25
17 CatCoin demands BitForex resolve token withdrawals hints at lawsuit 2024-05-24
18 Ether ETFs will destroy ethos of crypto says DeFi exec 2024-05-24
19 EU Council reaches agreement on supercomputer use for AI development 2024-05-24
20 UAE agriculture authority prohibits crypto mining on farms Report 2024-05-24
21 Bitcoin RSI copies 2017 bull run as trader says 75K key for BTC price 2024-05-24
22 Ripple taking cheap shots at Tether says Samson Mow 2024-05-24
23 Hashing It OutNavigating the next wave of Web3 with Avails Anurag Arjun 2024-05-24
24 Do Kwons extradition to go back to Montenegro High Court after appeal 2024-05-24
25 Elon says AI will do everything better than you make employment obsolete 2024-05-24
26 Spot Ether ETFs receive official approval from the SEC 2024-05-24
27 Traders say Bitcoin price correction a fake out before the next leg up 2024-05-24
28 Fantom unveils Sonic Foundation for new Sonic Chain 2024-05-24
29 Resolution overturning SEC crypto rule is on Bidens desk Now what 2024-05-24
30 Hong Kong streaming firm to buy 100M of crypto Worldcoin sanctioned Asia Express 2024-05-24
31 VanEck drops new Ethereum ETF ad within an hour of SEC approval 2024-05-24
32 SECs ETF decision means ETH and a lot of other tokens are not securities 2024-05-24
33 Ethereum ETF approved so why arent we rich yet 2024-05-24
34 Ethereum ETFs launch next month certainly possible039 Analyst 2024-05-24
35 Man behind AI generated fake Biden robocalls is indicted 2024-05-24
36 Polymarket gets backlash over approved outcome on 13M Ethereum ETF bet 2024-05-24
37 Hong Kong central bank studies AIs impact on banking jobs and skills 2024-05-23
38 Court ruling dismantles would be Bitcoin creator Craig Wrights false claims 2024-05-23
39 Can Ethereum ETFs thrive without staking amid SEC scrutiny 2024-05-23
40 VCs dump 125M into new AI music platform Can we all become beat makers 2024-05-23
41 Hong Kong SFC considers allowing Ether staking for ETF issuers 2024-05-23
42 US lawmakers urge SECs Gensler to approve spot Ethereum ETF 2024-05-23
43 Zenecas portfolio peaked at 20M and he has 2021 vibes again NFT Collector 2024-05-23
44 Montenegrin Justice Minister discussed Do Kwons case with SEC 2024-05-23
45 US lawmakers demand SEC FINRA records on Prometheum ETH custody 2024-05-23
46 Ethereum rally stalls at 38K Is SEC ETH ETF decision already priced in 2024-05-23
47 Ethereum ETF approvals becoming 039giant political issue039 Joseph Lubin 2024-05-23
48 BlackRock Grayscale and Bitwise amend ETF filings before SEC decision 2024-05-23
49 US House approves FIT21 crypto bill with bipartisan support 2024-05-23
50 3 reasons why Ethereum price looks ready to rally higher 2024-05-23

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