Bitcoin Cash looks to be forming a bullish triangle pattern

Gregor Horvat Wavetraders

Bitcoin Cash with ticker BCHUSD made a strong recovery back in July which might be wave III because a drop from $330 is overlapping, thus it can be a correction, so ideally that's a wave IV retracement, meaning that uptrend can still show up for wave V. But, maybe we will have to wait on a bullish breakout a bit longer as current price action since July can be an ongoing A-B-C-D-E triangle.

Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.

Author

Gregor Horvat

Wavetraders

Experience Grega is based in Slovenia and has been in the Forex market since 2003.

XRP slides as retail demand cools, shrugs off Ripple's MiCA license approval

Ripple edges lower while trading around $1.13 at the time of writing on Tuesday. The remittance token upholds a broader bearish bias, attributed to softening retail interest and the lack of strong catalysts to prevent rallies from being sold as investors appear to prefer short-term gains.

Bitcoin struggles despite renewed ETF inflows as Strategy sale impact fades

Bitcoin falls below $64,000 on Tuesday, erasing part of the recent gains following six consecutive days of price rises. Institutional demand shows signs of recovery, with spot ETFs recording a second day of inflows through Monday after weeks of outflows.

Crypto Today: Bitcoin, Ethereum, XRP struggle to build momentum despite returning ETF inflows

The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.

Pi Network flashes early reversal signals at the last line of defense

Pi Network is trading near its lowest level at $0.1100 on Tuesday, under intense downside pressure. PI remains vulnerable to steeper corrections, with its fourth straight day of losses amid weak market-wide risk appetite.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.