| Time | Details |
|---|---|
| 2024-06-28 12:57 |
Bitcoin Expected to Consolidate, Altcoins May Outperform
According to @CryptoMichNL, Bitcoin recently retested the $61,000 level and is expected to continue consolidating. The analyst anticipates that during this consolidation phase, altcoins may provide higher returns compared to Bitcoin. (Source) |
| 2024-07-20 08:00 |
Bitcoin Expected to See Significant Growth After Extended Consolidation
According to CryptoMichNL, Bitcoin is currently repeating historical patterns by consolidating for multiple months. This extended period of consolidation is likely to result in a significant new impulse within the next 6-12 months. During such times, market participants often underestimate the potential for substantial upward movement. (Source) |
| 2024-07-19 08:30 |
Bitcoin Expected to Continue Towards All-Time High, ETH Strength Predicted Post-ETF Listing
According to CryptoMichNL, Bitcoin is currently back in its trading range and is likely to continue moving towards its all-time high. The analyst predicts that Bitcoin will consolidate further and anticipates substantial strength in Ethereum following the listing of an ETF. (Source) |
| 2024-07-30 16:00 |
ETH ETF Shows Decreased Outflow, Grayscale Trust Sees Significant Withdrawals
According to @CryptoMichNL, the fifth day of trading on the ETH ETF experienced a decrease in outflow. Specifically, $210 million was withdrawn from Grayscale's Trust, while $112 million was invested in other ETFs. This week's trading is marked by stagnation and consolidation due to the substantial outflows. (Source) |
| 2024-08-03 12:00 |
Altcoin Market Consolidation and Potential Reversals
According to CryptoMichNL, the altcoin market capitalization is currently not displaying significant changes. Smaller altcoins have been experiencing declines, while larger altcoins remain stable, indicating a normal consolidation phase for the entire index. He suggests that market reversals could occur in the coming weeks. (Source) |
| 2024-08-15 13:00 |
Bitcoin Consolidation Amid Positive CPI Print
According to @CryptoMichNL, Bitcoin is currently in a consolidation phase despite a positive Consumer Price Index (CPI) print. The U.S. was moving Bitcoin, which typically leads to a temporary market downturn. However, as long as Bitcoin remains above the $56-57K range, the market outlook remains positive. (Source) |
| 2024-08-26 16:00 |
Altcoins Experience Initial Upward Movement with Expected Short-Term Consolidation
According to @CryptoMichNL, many altcoins have experienced their first upward push in the past week. The analyst anticipates a 1-2 day consolidation period before the upward trend resumes. He also suggests that the second half of 2024 will be more favorable for the markets. (Source) |
| 2024-08-31 14:00 |
Altcoin Market Consolidation and Potential Upswing
According to CryptoMichNL, the altcoin market capitalization, when valued in Bitcoin, is currently in a consolidation phase. This indicates that the market is in the middle of a bottoming process, which is taking longer than expected. However, there is an anticipation of a significant run towards new highs once the market starts to turn around. (Source) |