Ranking
Categories
Historical Snapshots
Token unlocks
Yield
Trending
Upcoming
Recently Added
Gainers & Losers
Most Visited
Community Sentiment
Chain Ranking
Market Overview
CoinMarketCap 100 Index
Fear and Greed Index
Altcoin Season Index
Bitcoin Dominance
Crypto ETFs
Overall NFT Stats
Upcoming Sales
New Pairs
Trending Pairs
Meme Explorer
Gainers & Losers
Community Votes
Top Traders
Spot
Derivatives
Spot
Derivatives
Feeds
Topics
Lives
Articles
Converter
Newsletter
CMC Labs
Telegram Bot
Advertise
Crypto API
Site Widgets
Airdrops
Diamond Rewards
Learn & Earn
ICO Calendar
Events Calendar
Academy
Research
Videos
Glossary
- Yoddha's analysis suggests Bitcoin's stability phase is the calm before the storm, hinting at a major upward move.
- Bitcoin forms a bullish pennant, signaling a potential breakout towards a new all-time high, says analyst Yoddha.
- Anup Dhungana notes the total crypto market cap is coiling, indicating the end of consolidation and a big move ahead.
Renowned analyst Yoddha has recently shared compelling insights that have captured the crypto community's attention. In a recent X post, the analyst highlighted an intriguing pattern in Bitcoin's current trading behavior. Despite experiencing two consecutive bearish weekly closes, Bitcoin remains resilient, trading at a consistent price level.
Yoddha's analysis suggests that this stability phase might be the calm before the storm. He identified a bullish pennant formation, a technical pattern that typically signals a potential breakout. According to Yoddha, this bullish pennant indicates that Bitcoin could soon shatter its current price ceiling, propelling it toward a new all-time high (ATH).