Bitcoin staged a rebound rally to $111,705 as the market recovers from last the recent catastrophic sell-off, but data suggests sellers will continue to take profit at each breakout top. Key points: Bitcoin and most major altcoins have bounced off their support levels, indicating solid demand at lower levels. Buyers may find it difficult to sustain the recovery, as the bears are expected to sell on rallies. Read more
Musk’s tweets ignited DOGE’s meteoric 2021 rally, and with bullish signals returning, the memecoin might be gearing up again. Key takeaways: DOGE’s Adam and Eve pattern and Fibonacci confluence point to a 25% upside. Heavy short liquidation zones above $0.216 could fuel a sharp rally. Read more