Crypto markets brace for an extended consolidation period as The Flow Horse warns of depleted momentum. Awaiting the SEC's BTC ETF decisions, the analyst anticipates a prolonged correction, challenging bullish sentiments. Despite short-term concerns, Bitcoin's long-term trajectory remains positive, buoyed by passive flows from younger generations.
BerniceThe transfers from Bitfinex to Alameda’s consolidation address have raised questions about the relationship between both firms.
cryptopotatoA report from CoinShares said that “greater transparency” surrounding the merger has driven institutional money into ethereum products.
CointelegraphPeter Brandt pointed out that if the downside of the potential descending triangle chart pattern is completed, ETH could fall by 29%.
CointelegraphAnalysts say the entire crypto market is in for a very long consolidation and accumulation period following BTC’s current drop to 2017 highs.
CointelegraphMultiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows.
CointelegraphBTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom.
CointelegraphAnalysts say that after BTC's current drop to 2017 highs, the overall crypto market will enter a very long period of consolidation and accumulation.
CointelegraphRelief endures despite a U.S. trading holiday, but worries over waning momentum in stocks means the short-term outlook remains gloomy.
CointelegraphThe crypto market performed well over the last week, but two key data points hint at a brief cooling-off period.
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