Search results for Axel Kibar
Crypto
Bitcoin rebound signal faces test as $67,200 break becomes key
Bitcoin is entering a phase where markets are looking for confirmation of a short-term reversal, with a break above $67,200 seen as decisive. It is forming the right shoulder of an inverse head-and-shoulders pattern near $63,382, but a failure to push higher could invalidate the setup. Ethereum is seen as moving ahead, with a similar pattern already breaking higher on the ETH/BTC pair and price action holding key levels in dollar terms.
Crypto
Forget bitcoin for now: Why ethereum is in focus this summer
Ethereum is being seen as entering a rebound phase after breaking a long period of weakness against bitcoin. Market attention is shifting as technical reversal signals emerge alongside renewed inflows into spot ethereum ETFs and growing dominance in tokenisation of real-world assets. Analysts point to ETH/BTC and ETH/USD chart breakouts and key support levels. Data also show a large tokenised traditional-capital base on Ethereum and weekly net inflows into ETFs.
Crypto
Ethereum breaks double bottom; focus turns to path toward $2,163
Ethereum has broken above the key resistance level of $1,842, opening a potential path toward $2,163, a technical analysis said. The scenario hinges on whether the price can hold above $1,842 after turning it from resistance into support. A weekly close back below $1,842 could weaken the breakout and raise the risk of a return to a prior trading range and a retest of lower support.
