Analysts foresee upside potential for Bitcoin beyond $100k despite some red flags

Bitcoin’s (BTC) recent breach of the $100,000 price level has sparked discussions among analysts about market conditions and potential risks — while some metrics suggest caution, others indicate room for further gains, according to analysts.

85 +

Bitcoin‘s $93K dip could be ‘last flush’ before the rush: Analysts

Crypto market analysts remain confident that Bitcoin will hit six figures before the end of the year despite the recent 7% correction. 

115 +

Bitcoin metrics reset and point to ‘major move’ in Q4 — Analysts

Analysts say Bitcoin’s prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance.

198 +

Bitcoin price could see 20% drop, analysts warn

Bitfinex analysts warn that Bitcoin could drop by up to 20% as the Federal Reserve’s upcoming interest rate decision introduces uncertainty. The price of Bitcoin (BTC) might be on the verge of a 20% decline, as Bitfinex analysts warn that…

105 +

Bitcoin On Cusp Of Breathtaking Rally: Bernstein Analysts Tell When BTC Will Go Beyond $1 Million Price

111 +

Bitcoin Down 20% From March But Glassnode Analysts Are Very Bullish: Here’s Why

Bitcoin might have posted the deepest correction since the FTX crash in November 2022, dipping over 20% from its all-time high of around $74,000. However, Glassnode analysts, while sharing their preview on X, remain cautiously optimistic.

169 +

$500,000,000 Bitcoin ETF Outflows: Analysts Speak About 'Worst Day by Far'

After massive outflow of money from US spot Bitcoin ETFs, analysts call new holders 'paper hands'

129 +

Bitcoin Eyes $37,000: Bloomberg Analysts Give Timeline To Spot ETF Approval

Bitcoin has risen above $36,000 and is currently targeting $37,000 as Bloomberg analysts Eric Balchunas and James Seyffart have revived hopes that a Spot Bitcoin ETF could be approved this year. The analysts maintain their belief of a 90% chance that any of these funds get approved by January 2024.

391 +

Why Wall Street's Analysts Think Now Is the Time to Buy Bitcoin

Will Bitcoin bounce back? Analysts at Bernstein have joined the chorus of crypto bulls

213 +

Analysts say Bitcoin 'bottom is in’ as BTC bounces back to $38,000

Bitcoin price retests a major support/resistance zone at $38,000 as technical analysts and traders suggest that “the bottom is in.”

211 +

Analysts: Bitcoin ‘whale’ behaviour that preceded April’s $64,000 high is back

Holders of massive amounts of Bitcoin (BTC) are continuing to buy the asset regardless of the recent dip in crypto markets, data from several sources shows.   Some analysts say such investment behavior is what precedes bull runs, hinting that another may be on the cards in the next few months.

120 +

Many Bitcoin Analysts Call For Rally Beyond $70,000; Here’s Why

Bitcoin traders and analysts are sticking to their conviction that the cryptocurrency's price will hit at least $70,000 in the coming sessions.

133 +

Bitcoin’s price correction may not be over, on-chain data analysts warn

A bigger Bitcoin pullback or a consolidation might follow, analysts say, as the risk of whale sell-off remains.

214 +

Bitcoin Likely to Consolidate Before December Rise Toward $20K, Say Analysts

The bitcoin market is likely to take a breather before continuing its rise toward $20,000 the end of the year, analysts told CoinDesk.

217 +

V-Shaped Recovery From Bitcoin’s Biggest Drop Since March Unlikely, Say Analysts

Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days.

217 +

Here’s Why Bitcoin May Not Fall Much Lower Than $11,000: Analyst Explains

While Bitcoin has bounced from the local lows of $11,400, the asset remains below some crucial resistance levels. This has led some analysts to suggest that BTC is still poised to correct lower. Many analysts are eyeing $10,500, as that’s where the cryptocurrency truly began the rally $12,000.

170 +

Can Bitcoin hold up against $10,000 for the third time in history? Analysts debate

The bull run that has kept Bitcoin trading above $10,000 has sparked discussions. In our last report, we noted that analysts are still very optimistic about Bitcoin hitting the $20,000 mark. Some analysts are confident that the bear market is over, and while this could mean a lot of things for different Bitcoiners, it generally […]

172 +

Analysts Advocating Gold Over Fiat Is Bitcoin’s Time To Shine

The recent money-printing spree the Federal government has gone on has prompted financial analysts everywhere to advocate holding gold over fiat. However, the reasons they are providing are also the best possible reason to own Bitcoin.

244 +

Why Bitcoin Analysts See This Dip As Incredible Opportunity To Buy

Today’s Bitcoin price drop below USD $7k has taken some by surprise, yet it is causing little concern among analysts, In fact, the mood is optimistic, as most believe that the market will recover quickly, with the flagship crypto currency soon surging much higher.

260 +

Bitcoin Incurs “Spot Driven” Rally as Analysts Eye a Return of the Bull Market

Bitcoin has seen a notable upswing today that has marked a significant extension of the momentum that was first incurred yesterday when the benchmark cryptocurrency rallied from lows of $5,100 after being caught within a bout of sideways trading for an extended period of time.

309 +

Bitcoin Risks Tanking to 13-Month Low Even as Top Analysts Remain Bullish

Bitcoin prices remain vulnerable to more dives even as top analysts print a rosy picture for the cryptocurrency. The bitcoin-to-dollar exchange rate appears trapped inside a technical range, dubbed as Symmetrical Triangle, since March 12.

199 +

Bitcoin on the Cusp of a Massive Rally as Analysts Closely Watch Monthly Close

Bitcoin’s firm uptrend throughout 2020 has now led it to reach a key near-term resistance level that its bulls are currently contesting. This has resulted in mixed feelings amongst analysts as to where BTC will go next.

191 +

Analysts explain why Bitcoin is ready to enter a bull market again

At long last, Bitcoin has shown signs of life, rallying by 20 percent from the $6,800 bottom put in nearly two weeks ago. Although this recent price action has been deemed a “relief rally” by some analysts, more and more indicators suggest that BTC and the rest of the cryptocurrency market are on the verge […] The post Analysts explain why Bitcoin is ready to enter a bull market again appeared first on CryptoSlate.

229 +

Bitcoin Price Demonstrates Bullish SFP, May Rise to $7,800 If It Holds: Crypto Analysts

While the Bitcoin price is floating in the $7,100 area, some analysts believe that it has chances of rising, possibly to the $7,800 mark

182 +

Analysts Target Move to $8,400 as Bitcoin Plummets Below $9,000

After a long period of consolidation within its previously established trading range, Bitcoin’s bears have now taken control and have pushed BTC’s price below its previous support level that existed around $9,000.

207 +

Bitcoin Looks Like a “Launchpad” as Analysts Anticipate Volatile November

Bitcoin has inched higher overnight after facing a short bout of consolidation within the lower-$9,000 region. BTC still has a long way to go before it revisits its recent highs of $10,600 that were set at the peak of the recent rally.

222 +

Analysts Anticipate Further Bitcoin Downside Despite Overnight Surge

After briefly dipping into the $7,000 region yesterday, Bitcoin (BTC) has once again been able to maintain this region as a strong level of support, as it has now climbed back to $8,100 during a strong move that followed its drop to lows of just under $7,900.

225 +

Bitcoin Breaks Below $8,000 and Nears Range Lows as Analysts Eye Further Losses

After experiencing a long period of sideways trading within the lower-$8,000 region, Bitcoin (BTC) has once again extended its downwards momentum and has begun moving lower today as it has broken below $8,000 on most major exchanges.

216 +

Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside

Donald Trump is upping the pressure on China, and analysts say this is bullish for Bitcoin. For those who missed the memo, on Friday morning, the American President unleashed his latest volley at China (and the Federal Reserve) in a series of tweets.

221 +

Analysts Believe Bitcoin Looks Bullish Despite Growing Fears of a Trump Ban

Bitcoin and the aggregated crypto markets have faced an extension of the downwards pressure that they have been battling with over the past several weeks, which briefly sent BTC back into the four-figure price region before it found some buying pressure that allowed it to climb slightly higher.

195 +

Bitcoin (BTC) Breaks Past $10,000, Analysts Await Mass FOMO

That’s right, at long last, Bitcoin (BTC) has reached five digits in the ongoing bull run, according to TradingView. com. The last time the cryptocurrency was in this price range was a year ago.

249 +

Bitcoin Rebounds To $7,900, Why Analysts Expect Bullish Continuation

The Bitcoin (BTC) bulls have done it. They have entirely shaken off last week’s flash crash, which saw BTC plummet to $6,100 on Bitstamp and $6,500 on other major exchanges. With this strong rebound, which came after a period of ranging between $7,000 and $7,300, analysts have adjusted their outlook to the new conditions.

207 +

Analysts Believe Bitcoin May Continue Dipping Lower Before Surging to $6,500

The crypto markets have dipped as they head into the weekend after incurring a significant amount of upwards pressure throughout this week. The latest drop has put Bitcoin (BTC) back into the $5,600 region, signaling that the cryptocurrency’s bulls don’t have enough buying pressure to propel the crypto above $5,800.

232 +

Bitcoin In Longest Uptrend of Current Bear Market, But Analysts Expect New Lows

Ever since Bitcoin fell to its most recent local bottom of $3,400 back on February 6, 2019, the leading cryptocurrency by market cap has been in the longest stretch of uptrend since reaching its all-time high of $20,000.

409 +

Bitcoin Enters Sixth Day of Stability as Analysts Predict Mixed Mood in Asian Markets

Major cryptocurrency markets are continuing what has become a sixth day of little volatility

204 +

Bitcoin Stable Above 3,900, But Analysts Cautious on Current BTC Price Action

Bitcoin has been able to maintain relative levels of stability over the past weekend, despite an unfolding trend where BTC incurs larger levels of volatility during weekend trading sessions. Although Bitcoin is currently stable above $3,900, many analysts are still weary of its current price action, and one analyst believes a drop below BTC’s 2018.

246 +

Bitcoin RSI Could Rally Into Halving, Pushing BTC To $8,000 By Mid-2020

As Bitcoin moves ever closer to its block reward reduction, analysts are becoming more and more convinced that BTC will rally into the quadrennial event. One analyst notes that as this market nears the auspicious shift in issuance, the cryptocurrency could double by value, especially considering historical trends.

256 +

If Bitcoin Holds $3,400, BTC at $5,000 By May Is Possible

Bitcoin Could Reach $5,000 By May For the first time in a blue moon, the cryptocurrency market’s prospects have seemingly begun to look bright. Analysts have acknowledged this, and have begun to express cautious optimism.

209 +

Analysts Widely Bearish on Bitcoin as BTC Nears Important 4,000 Price Level

Bitcoin (BTC) has kicked off the weekend trading up slightly but has still been unable to decisively move above $4,000, which has proven to be a key psychological resistance level for the cryptocurrency.

253 +

Analyst: Bitcoin Is a Bull, High Possibility of $5,000 by May

With Bitcoin constantly testing a big resistance zone price predictions are coming thick and fast. The longer BTC stays below the $4,000 barrier the more likely a move to the downside will occur.

210 +

Could 2020 be the Year of Bitcoin Purchased Frappuccinos? One Venture Capitalist Believes So

Analysts and investors alike widely believe that increased adoption of cryptocurrencies, like Bitcoin, will help drive their price higher while also providing more stability to the nascent markets.

219 +

Bitcoin Volume Research: Bitcoin is in a Phase of Continuous Development, and Here’s Why

CoinSpeaker Bitcoin Volume Research: Bitcoin is in a Phase of Continuous Development, and Here’s Why Professional crypto analysts from DataLight’s team share comprehensive Bitcoin volume research, which clearly shows that, despite the bear market of 2018, the game is far from being over for Bitcoin.

259 +

Crypto Spring Blooms? Bitcoin Transactions Hit Highest Level in 13 Months

Positive news has been stretched thin during the “Crypto Winter,” but there are now genuine signs that the ice is beginning to thaw. With Bitcoin showing remarkable resiliency and price stability in a world that wants to write it off, there are many fundamentals to which believers in the world’s largest cryptocurrency like to pay attention.

299 +

Technical Indicator Shows Bitcoin (BTC) is Ready for a Meteoric Comeback, But When?

Bitcoin has firmly planted itself within the upper-$3,000 region over the past several weeks and has continued struggling to break above the low-$4,000 region. Because BTC has failed to garner any significant buying pressure over the past several weeks, some analysts believe that a drop back to its 2018 lows of $3,200 is inevitable.

193 +

Bitcoin (BTC) Price Should Hit $20k in March 2021, Analysts Predict

The cryptocurrency market has experienced its longest ever bear market, and there’s no saying whether it’s over or not.… The post Bitcoin (BTC) Price Should Hit $20k in March 2021, Analysts Predict appeared first on Invest In Blockchain.

205 +

New Bitcoin Price Prediction Bet Surfaces: Will BTC Go To $1,500 Or $6,500 First?

Analysts Believe Bitcoin Could Drop To $1,500 Before Reaching $6,500 As the cryptocurrency market is operating positively, the community is very excited regarding the future price action of virtual currencies.

228 +

Bitcoin Miners Capitulated in Dec 2018 and it Could Signal the End of Bear Market

The biggest discussion point around Bitcoin currently, is whether or not the first-ever cryptocurrency has bottomed or not, and if the bear market will soon be ending or if a lot more pain is ahead for crypto investors.

233 +

Analysts Remain Optimistic Despite Looming Danger Of Low-Interest Sending Bitcoin (BTC) Plummeting

The market has this week taken yet another hit, this time sending the total market cap below $130 billion. While this is bad, the current market situation suggests it could get even worse. Currently, there is contradicting opinion, some analysts like we have reported, suggest that Bitcoin will remain within its current set range of […] The post Analysts Remain Optimistic Despite Looming Danger Of Low-Interest Sending Bitcoin (BTC) Plummeting appeared first on ZyCrypto.

244 +

Traders Bet 1 BTC on Bitcoin Plunging to $1,500 Before Rising to $6,500: Is it Possible?

Bitcoin price predictions have always been topics of contention. Using technical analysis alone will only give us part of the picture but fundamentally most agree that the long term outlook is strong.

186 +