JPMorgan explains how easy it is for Bitcoin’s market cap to explode by hundreds of billions

2020 has been a year of Bitcoin adoption.

The post JPMorgan explains how easy it is for Bitcoin’s market cap to explode by hundreds of billions appeared first on CryptoSlate.

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Bitcoin ready to explode to $16,000

The last time Bitcoin price traded higher than the peak reached over the past...

The post Bitcoin ready to explode to $16,000 appeared first on Coin Journal.

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Analyst: Ethereum Will Explode Past $400 as Key Level Reclaimed by Bulls

Ethereum has undergone a strong drop since peaking at $400 this past weekend. The leading cryptocurrency currently trades for $380, down after Bitcoin dropped from its daily highs. Analysts still think that ETH will move higher, though, citing technical trends.

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Bitcoin Rips Higher To $13,000 on Continued Fiscal Stimulus Excitement

Bitcoin has continued to explode higher over the past 24 hours. The coin now trades for $12,750, around 7% higher than it was just 24 hours ago. This latest leg higher in the Bitcoin price can be pinned to two fundamental news events: PayPal adding crypto and more fiscal stimulus coming.

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Bitcoin (BTC) to explode after U.S. elections

Bulls in the cryptocurrency market are not pushing Bitcoin further enough to reclaim the $12,000 mark. And as per top experts, the scenario will rather stay the same for next couple of months. Bitcoin correlation with the stock market One of the main factors affecting Bitcoin is its association with the stock market.

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BSV/USD ready to explode above $200

More than 110,000 Bitcoin SV wallets bought the token at $181 to suggest bulls...

The post BSV/USD ready to explode above $200 appeared first on Coin Journal.

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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher

Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. According […]

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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […]

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Bitcoin Price Set To Explode Once It Breaks $13,000: Prop Trader

Bitcoin recently breached the $12,000 checkpoint after weeks of consolidating gains. This was a psychological milestone that BTC has been battling for a long time as it has always rejected the crucial mark.

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Bitcoin price is set to explode if it hits $13k

Bitcoin price spent the past few weeks struggling to reach and breach the resistance at $12,000. Traders around the world kept an eye on the coin and its performance ever since it moved from $9.

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An Eerie Fractal Predicts a Huge Altcoin Surge—But Bitcoin Could Stop It

The past week has seen Bitcoin and Ethereum explode higher while a majority of altcoins have plunged. On Monday alone, on the day BTC surged by approximately 10% in 24 hours, Bitcoin dominance jumped by 2%.

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Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000

Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […]

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Here are Three Factors Suggesting Bitcoin is Poised to Explode Higher

Bitcoin has been able to stabilize over $9,300 following the upswing seen yesterday This is the first time the crypto has been able to hold over this price level for an extended period in many weeks The aggregated market is showing some signs of strength, as the downturn seen yesterday was erased by many individual altcoins \One analyst is now noting that there are several factors currently playing into Bitcoin’s favor He notes that the […]

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Bitcoin May Soon Explode as 10-Day Volatility Craters to Yearly Low

Bitcoin is trading inside a tight range with its 10-day realized volatility dropping to a year-to-date low of 30 percent. Several analysts point to a lackluster sentiment in the market as Bitcoin repeatedly fails to continue its uptrend beyond $10,000.

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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […]

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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500

After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […]

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Prescient Analyst: Why Bitcoin Breaking Out Of Range Will Spark $12K Bull Run Within A Month

Bitcoin’s current price is a far cry from the $20,000 registered during the late 2017 crypto bull market. But, this has not made the asset’s investors any less bullish. One popular analyst recently noted that BTC could explode in the coming weeks should it break out of a trading range. His analysis is especially noteworthy […]

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This Technical Pattern Signals Bitcoin is About to Explode to $12,000

Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […]

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4 Fundamental Reasons Why Bitcoin Demand Is Poised to Explode to Highs

Like most other markets, Bitcoin’s price is predicated on supply and demand dynamics. This is depicted in the chart below, with the equilibrium price of an asset being related to how an asset’s supply relates to demand.

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4 Reasons Why the Bitcoin Price Is Prepared to Explode Towards $10,000

After holding under $9,000 for days on end, Bitcoin surged higher to hit $9,200 on Wednesday morning. It was a small move in percentage terms but still notable in terms of its technical significance.

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One Top Crypto Prepares to Lift Off as Social Engagement Metrics Explode

Most of the top cryptocurrencies by market capitalization have been able to outperform Litecoin since March’s Black Thursday. Since then, Bitcoin and Ethereum are up by more than 130%. Even XRP has been able to recover most of the losses incurred during the marketwide meltdown as it rose by nearly 88%. Meanwhile, the seventh-largest crypto...

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Analyst: Bitcoin (BTC) Will Explode To $100,000 And ‘There’s Nothing You Can Do About It’

Bitcoin’s latest rally is breathing new life into proponents’ overall outlook. The crypto-asset has firmly surmounted resistance level after resistance level, recently breaching $9,300. As the halving draws closer, bulls are making their prognostications about where they expect the bitcoin price to go in the coming months.

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Bitcoin moves back above $8,000 as optimism around the halving explodes

Bitcoin is ticking up once again as the chatter about the upcoming halving skyrockets across social media platforms and news outlets. Social metrics about Bitcoin’s halving explode Bitcoin is back above $8,000 fully erasing all the losses incurred during Black Thursday.

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These 3 Factors Paint a Grim Outlook for XRP, Even Amid Crypto Boom

A popular sentiment that has developed over the past few days is that XRP, the third-largest crypto by market capitalization, is poised to explode higher. Top altcoins, after all, have seen strong performances over the past few weeks, with Ethereum, especially, starting to post notable gains against Bitcoin.

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Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists

With Bitcoin seemingly finding a local top, all eyes in the crypto space have migrated to stablecoins, digital assets tied to and backed by a “stable” reserve asset. Although present in the cryptocurrency industry for 2017 and 2018, the assets have become increasingly important to the market over the past few months, as they’ve grown […] The post Stablecoin boom doesn’t guarantee Bitcoin price will explode higher: economists appeared first on CryptoSlate.

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$7.6B Sitting in Stablecoins — Is This Bullish or Bearish for Bitcoin?

$7.6 billion in stablecoins is currently sitting on the sidelines, but does this mean the crypto market is about to explode?

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Former Facebook Exec: BTC's Price is Either Going to Zero or Seven Figures

A former Facebook executive believes Bitcoin’s price will either explode amid economic collapse or go to zero

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Chances Are, Bitcoin Will Soon Explode 20% Higher to $8,000: Here’s Why

Despite the brutal crash seen earlier this month, Bitcoin has performed extremely well over the past few days, rallying from the $5,000s to a price as high as $7,000 just the other day. The bullish momentum has petered out over the past few days, with BTC stalling in the mid-$6,000s, but a simple technical factor...

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Analysts expect this crypto to explode higher after leading yesterday’s market surge

Today has been a great day for crypto investors, with the market posting some intense gains close on the heels of its recent capitulatory downturn seen exactly one week ago. This upswing has allowed Bitcoin to climb 17 percent, while Tezos and some other smaller altcoins have climbed 20 percent or more.

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Global interest for Bitcoin could be about to explode, here’s why

Trade volumes are booming on primary and secondary Bitcoin exchanges as Google searches for the number-one crypto skyrocket, indicating that to some degree a panic-induced flight to BTC may be in its early stages after the global economy’s recent capitulation.

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“Striking” Fractal Shared by Accurate Analyst: Bitcoin to Soon Explode Past $9,000

After a brutal start to the week that saw Bitcoin crash from $10,000 to as low as $8,500, the crypto market has finally started to show signs of consolidation. According to a well-known crypto trader who has predicted recent price action quite well, this consolidation is a potential sign that Bitcoin will soon re-enter the...

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Why Top Bitcoin Bulls Think Price Will Explode Over 1,000% Higher

The recent volatility in the cryptocurrency markets hasn’t done much to fend off Bitcoin bulls. In fact, in two recent interviews with mainstream media, two of the industry’s most powerful executives and investors separately confirmed that they think the price of BTC will surpass $100,000 in the coming years.

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Ethereum’s Price May Soon Explode Even Higher as Key Metric Breaks Out

Over the past day, the crypto market has effectively flatlined. Per data from CoinMarketCap, Bitcoin has gained 0. 12% in the past 24 hours, and Ethereum has shed 0. 6%. Despite this consolidation, there are signs that the market is about to break out after Saturday’s non-action, most likely in the upward direction.

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Ripple’s XRP Primed to Explode Higher as Technical Stars Align

The past few days haven’t been kind to the crypto markets. After peaking last week, market leaders Bitcoin, Ethereum, and Ripple’s XRP and smaller altcoins saw their values tank. XRP was hit especially hard by the retracement, falling from its multi-month high somewhere above $0.

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Bitcoin To Explode By 80% Before Halving According to Past Cycle Comparison

Bitcoin and other cryptocurrencies are having a strong year thus far, however, the rally is only expected to continue with the asset’s halving on the horizon this May. But how much could Bitcoin spike ahead of the monumental event? According to historical analysis of previous market cycles in comparison to where the market may be...

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Bitcoin Price May Explode to $500,000, Says Fundstrat’s Tom Lee

Coinspeaker Bitcoin Price May Explode to $500,000, Says Fundstrat’s Tom LeeFundstrat's Tom Lee said that the price of Bitcoin could surge to $500,000 in the long term, but he failed to mention the exact timeline for such a pie-in-the-sky target to be achieved.

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Bitcoin Price Is Struggling to Scale $10,000 but It Could Explode Due to Halving

Coinspeaker Bitcoin Price Is Struggling to Scale $10,000 but It Could Explode Due to HalvingWhile BTC is rather unstable today, according to Google Trends data, as well as to other factors, we can suggest that the Bitcoin halving in May will cause a spike in the BTC price.

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Bitcoin Ready to Explode, According to This Key Metric

Google Trends data reveal that “bitcoin halving” is trending. Some believe that bitcoin will soar after the halving generates media hype. The post Bitcoin Ready to Explode, According to This Key Metric appeared first on CCN.com

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Bitcoin To Explode To $18,000 Ahead Of Halving, As Probability Of New ATH Grows

Bitcoin has already had an explosive start to 2020, but the rocket ship is only just getting started with the cryptocurrency’s halving just “around the corner.” According to historical data, Bitcoin could rise to as high as $18,000 ahead of the halving, and with the probability of a new all-time high rising by the month,...

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Here’s Why Bitcoin Price Could Explode 100% and Hit $20,000 by May

There’s no doubt Bitcoin has been on a tear over the past 50 days. Since bottoming at $6,400 in the middle of December, the price of BTC has rocketed higher and higher, surging as high as $9,900 earlier today — inches shy of the key $10,000 price point.

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Traders Expect Bitcoin Price to Explode Big in Next Week: Will It Happen?

Bitcoin has been on an absolute tear over the past few days. Since bottoming at $9,100 early this week, the cryptocurrency has ripped higher, surging from $9,100 to a recent high of $9,850 as buyers have stepped in en-masse.

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5 Reasons Why Bitcoin is Primed to Explode to New Highs

Bitcoin is looking strong thus far in 2020. Could this be the year we explode past new highs? According to trends, it’s looking increasingly likely. 2020 just may be Bitcoin’s year. Many analysts have been saying that market fundamentals and technical indicators are lining up for a strong performance for the leading cryptocurrency.

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Bitcoin Cash Hits Seven-Month High as Altcoins Explode in Tandem

Bitcoin Cash (BCH) registered a mind-bending price rally on Wednesday as traders moved capital into the altcoin market en masse. The fourth-largest cryptocurrency surged by up to 12. 93 percent to establish a new yearly top at $428.

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Bitcoin Jumped 140% Last Time it Registered This Key Symbol, and It’s Back Again

Since the start of this year, Bitcoin (BTC) has seen its price explode higher; year to date, the leading cryptocurrency has posted a gain of nearly 30%, surging from the $7,000s to the $9,250 in a few weeks’ time.

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Tesla’s stock price going to the moon reminds investors of Bitcoin’s $20K run

If Bitcoin’s recent price action has been boring, you should look to Tesla (TSLA). For those that missed the memo, the electric car company headed by the one and only Elon Musk, also CEO of SpaceX, has seen its stock explode by over 300 percent higher since June of 2019 and almost 100 percent in […] The post Tesla’s stock price going to the moon reminds investors of Bitcoin’s $20K run appeared first on CryptoSlate.

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Here Are 7 Reasons Why Bitcoin Could Explode Past $10,000

Over the past few days, Bitcoin has found itself stalling in the low-$9,000s, failing to venture out of a tight range it has been stuck in for the past four days. The below chart from TradingView shows this non-action perfectly.

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This Eerily Accurate Fractal Suggests Bitcoin Will Soon Explode to $12,000

After facing a constant stream of buying pressure that led Bitcoin’s price to climb as high as $9,550, BTC faced a large influx of overnight selling pressure that sent it reeling down to lows of $9,200 before it found some support.

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Bitcoin Just Surged to $9,400: Why Traders Think Price Will Explode Even Further

Welcome back bulls. Over the past few hours, Bitcoin (BTC) has begun to surge higher again per TradingView, with buyers finally stepping in after last week’s 11% decline. Since hitting $8,200 late last week, the price of the leading cryptocurrency has exploded higher, surging to just shy of $9,400 minutes ago as of the time... The post appeared first on NewsBTC.

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Shock & Awe: Bitcoin Losing Momentum Could Result in Elliot Wave Correction to $1,000

There’s no denying that Bitcoin is at a critical junction, either ready to fall deeper into a downtrend or explode into a new bull rally driven by pre-halving hype and speculation. Losing momentum here, according to one crypto analyst, would almost certainly lead to an Elliot Wave Theory C-wave that would take the cryptocurrency further... The post appeared first on NewsBTC.

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