Bitcoin Price Roars Loud But Could Quickly Unravel to 30% Plunge: Analyst

2019-5-22 22:16

By CCN: Josh Rager, a cryptocurrency trader and technical analyst, expects a healthy pullback for bitcoin based on the historical performance of the asset in the past three years. Since 2016, the bitcoin price has tended to correct by 30 to 40 percent following a strong short-term rally.

Although the historical performance of the bitcoin price is no guarantee of its future trend, coming off of a staggering 100 percent year-to-date gain, despite the strong momentum of the asset, some analysts have suggested the possibility of a large correction. Is a 30 Percent Drop For Bitcoin Possible? Like any other

The post Bitcoin Price Roars Loud But Could Quickly Unravel to 30% Plunge: Analyst appeared first on CCN

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95875.04 (+0.74%)
Объем 24H $68.143b
Изменеия 24h: 1.33 %, 7d: 2.42 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1897.422b Rank 1
Цена в час новости $ 7913.47 (1111.54%)

bitcoin price analyst percent asset performance ccn

Источник: ccn.com

bitcoin price → Результатов: 126


Bitcoin Price Alert: Expert Warns Of Upcoming 25% Drop, Timing And Trends Explained

After reaching a new all-time high of $99,600 last Friday, the Bitcoin price has retraced to the $94,000 mark for the first time in nearly a week. This pullback comes amid growing speculation about a possible correction following a massive three-week uptrend that saw the leading crypto surge by 40% after Donald Trump’s election on November 5.

2024-11-26 10:30


Фото:

Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder

The last Bitcoin halving took place in April when the block reward dropped from 6.25 Bitcoin to 3.125 Bitcoin Jesse Myers said Bitcoin’s price needs to go higher for a “supply-demand price” balance to happen When that occurs, the market will “flywheel into mania and a bubble,” which happened in the 2012, 2016, and 2020 […] The post Post-halving 2024 market is pushing Bitcoin’s price, not just Trump, says Onramp Bitcoin co-founder appeared first on CoinJournal.

2024-11-13 17:39


Here’s What To Expect From The Bitcoin Price In November After Breaking Above $70,000

The Bitcoin price is back above $70,000 for the first time in four months, with the ‘Uptober’ rally eventually happening as the month ends. This looks to be the start of significant price rallies for the flagship crypto as the market heads into November, which is also historically bullish. What To Expect From The Bitcoin […]

2024-10-30 19:30


Фото:

Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode

Bitcoin (BTC) is showing the first signs of positive price momentum since June, as it attempts to convincingly break the $69,000 price zone and shift to a “euphoric bull market.” According to Glassnode’s latest “Week Onchain Newsletter,” the recent rally has seen Bitcoin’s spot price break through key technical and on-chain price levels, pushing many […] The post Bitcoin’s bullish momentum seeking ‘euphoric’ market shift – Glassnode appeared first on CryptoSlate.

2024-10-24 00:38


Bitcoin Cup And Handle Cascade: Analyst Says BTC Price Could Reach $230,000 If It Follows This Structural Path

A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to bullish price targets above $230,000.

2024-10-22 22:30


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Could quantum computing disrupt cryptocurrency encryption?

Quantum computing, an emerging technology that operates on principles of quantum mechanics, has sparked discussions about its potential impact on cryptocurrency security. With unparalleled computational power, quantum computers could eventually challenge the cryptographic protocols that underpin digital currencies, though such capabilities remain years away.

Bitcoin to crash? Robert Kiyosaki predicts BTC plunges to $60k

Financial author Robert Kiyosaki has suggested that the BTC price could crash to $60,000 as it struggles to breach the $100,000 milestone. The “Rich Dad Poor Dad” author’s analysis comes amid increasing market speculation about Bitcoin’s (BTC) next major price…

Is a Thanksgiving Crypto Recovery Underway?

The day before Thanksgiving the crypto markets have experienced notable rebounds, with Bitcoin and Dogecoin recovering from previous declines and Ethereum reaching a five-month high.