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Veteran trader sees Bitcoin ‘footshot’ as the next big buying opportunity

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The recent Bitcoin (BTC) price movement has captured significant attention from investors and traders alike.  Veteran trader Peter Brandt has pinpointed a potential buying opportunity , referred to as a “ footshot ,” which he interprets as a short-term buy signal. This comes at a critical time when Bitcoin is struggling with volatility and finding stable support levels. Current trends and patterns Peter Brandt analyzed the daily price chart for Bitcoin against USD and projected several critical patterns and levels that highlight the current market scenario. Picks for you 3 cryptocurrencies to avoid amid $170 million in token unlocks 1 hour ago Here's when Bitcoin will reach $255,000, according to analyst ...

Crypto trader makes $1 million in minutes trading new Solana meme coin

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Historically, crypto market rallies have featured dramatic price changes across the board, the release of new projects, mishaps, scams, and legitimate successes for crypto trader s dealing with Bitcoin (BTC), major altcoins like Ethereum (ETH), and meme coins alike. The ongoing crypto market rally has featured its own fair share of rags-to-riches stories such as with a trader who turned less than $2,000 into more than $10 million in a few months by buying and holding the relatively recently released Dogwifhat (WIF). On March 18, however, another cryptocurrency took the spotlight – and caused significant traffic – on a blockchain known for its vibrant meme coin scene, Solana (SOL). Picks for you Finance experts set Cardano price for end of 2024 49 mins ago Solana hits record Google search volume as SOL crosses $200 1 hour ago AI predicts Dogecoin price for end of 2024 2 hours ago Cardano could rocket 150% with this pattern, says expert 3 hours ...

Bitcoin traders earmark key BTC price levels as $34K struggles to hold

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BTC price is seeking retests of lower levels after Bitcoin bulls fail to push beyond recent 17-month highs. Bitcoin (BTC) fell below $34,000 after the Oct. 26 Wall Street open as consolidation at 17-month highs continued. BTC/USD 1-hour chart. Source: TradingView $33,000 becomes do-or-die BTC price level Data from Cointelegraph Markets Pro and TradingView showed BTC price behavior challenging intraday lows. The largest cryptocurrency had attempted to push higher still the day prior, but sell-side pressure ensured that $35,200 remained untouched as a ceiling. “We are going to have to wait for some candles to develop to see what the next move is, but we can gain some insight by continuing to monitor liquidity placement in the order book,” monitoring resource Material Indicators wrote in part of its latest X update. “Historically, the side with the heaviest concentration of liquidity closest to the active trading zone wins the battle and right now those concentrations on both sides are ...