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Was $33k Bitcoin’s Bottom? On-Chain Analyst Reveals ‘Classic Indicator’ To Catch The Cyclic Bottom As Bullish Sentiments Linger
Key Takeaways Bitcoin has not yet reached a cyclic bottom according to Ki Young Ju, CEO of CryptoQuant. He draws his judgment from Bitcoin’s MVRV ratio, which is currently trending lower. While the metric is bearish, bullish sentiments continue to linger in the market. дальше »
2022-1-26 01:16 | |
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VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels
VeChain has followed the general sentiment in the market and it’s currently trading in the green. Its 24-hour profits stand at 7. 8% with VET’s price exchanging hands at $0. 053. Related Reading | VeChain Foundation Announces New Stablecoin, Could It Create Fresh Demand For VET? In a recent video posted on his YouTube channel, analyst Justin Bennett looked into VeChain as the sell-off across the crypto market seems to slow down. дальше »
2022-1-26 01:00 | |
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Technical analyst says Bitcoin risks another 22% rout after snapping key level
The analyst says another leg down for Bitcoin could bring the $30,000 support level… The post Technical analyst says Bitcoin risks another 22% rout after snapping key level appeared first on Coin Journal. дальше »
2022-1-22 13:22 | |
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GlobalBlock analyst: Bitcoin decline will be short-term
Bitcoin (BTC/USD) continued to decline over the weekend, dropping to the key support level of $40,700. Marcus Sotiriou, analyst at the UK-based digital asset broker GlobalBlock, expects upside to the mid-$40,000 region in the short term due to the interaction with this significant level. дальше »
2022-1-11 17:56 | |
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Bitcoin Price Abruptly Drops Below $50,000 — Here Are The Driving Factors
Key Takeaways Recent Bitcoin price volatility has been thanks to long position liquidations according to an on-chain analyst. Despite this, market sentiments are “semi-bullish. ” Bitcoin price predictions for 2022 are still very optimistic. дальше »
2021-12-28 12:09 | |
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Bitcoin Price Bottom: Analysts Argue On Why BTC May Be On The Verge Of A Colossal Drop
Key Takeaways Veteran trader Peter Brandt thinks the price of Bitcoin has not bottomed out. His perspective is informed by the lack of panic selling in the current market. Brandt’s view has been disputed by on-chain analyst Willy Woo who thinks panic selling is unlikely to happen. дальше »
2021-12-24 20:21 | |
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Bitcoin Price Bottom: Analysts Argue On Why BTC May Be On The Verge Of A Colossal Crash
Key Takeaways Veteran trader Peter Brandt thinks the price of Bitcoin has not bottomed out. His perspective is informed by the lack of panic selling in the current market. Brandt’s view has been disputed by on-chain analyst Willy Woo who thinks panic selling is unlikely to happen. дальше »
2021-12-23 20:21 | |
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Bitcoin Needs A Small Miracle For A $100,000 Christmas — Analyst PlanB
Key Takeaways Bitcoin S2F creator PlanB says it would take a miracle for Bitcoin to reach his predicted $100k price for December. The analyst however continues to stick with the model’s prediction. дальше »
2021-12-22 22:22 | |
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“About Time For Cardano To Start Taking Off Again” – Analyst Reveals Key ADA Factors To Watch Out For
Although the price of Cardano has been on a downward trend, activity on the protocol network has increased substantially. Popular crypto influencer Lark Davis claims the price of ADA is about to take off with the upcoming DeFi projects. дальше »
2021-11-30 16:12 | |
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Bitcoin Closing November Above $98,000 Is A Big Jump, But Very Much Attainable, Says Market Pundit
Key takeaways Bitcoin’s S2F valuation model creator PlanB remains confident in his projected $98,000 Bitcoin price for November. The analyst is also highly optimistic that the bull run will continue into 2022. дальше »
2021-11-11 17:16 | |
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Ethereum price outlook: ETH/BTC breakout ‘great’ for altcoins- analyst
ETH/USD reached a new all-time high above $4,600 ETH/BTC also broke above key resistance… The post Ethereum price outlook: ETH/BTC breakout ‘great’ for altcoins- analyst appeared first on Coin Journal. дальше »
2021-11-4 16:35 | |
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Ethereum price outlook: EH/BTC breakout ‘great’ for altcoins- analyst
ETH/USD reached a new all-time high above $4,600 ETH/BTC also broke above key resistance… The post Ethereum price outlook: EH/BTC breakout ‘great’ for altcoins- analyst appeared first on Coin Journal. дальше »
2021-11-3 16:35 | |
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Why Fundstrat’s Tom Lee Envisions Bitcoin Hitting $168,000 Within Two Months
Key Takeaways Analyst predicts a $168,000 Bitcoin price by the end of 2021. Bitcoin ETFs have fueled the recent rise of the leading cryptocurrency. Co-founder of Fundstrat, Tom Lee, has revealed that according to the firm’s analysis, the leading cryptocurrency should reach as high as $168,000 by year-end. дальше »
2021-11-1 21:27 | |
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Bloomberg Strategist On Why $100k BTC Price In 2021 Is Meager By Bitcoin Standards
Market conditions in 2021 are perfect for bitcoin to reach and surpass the $100,000 price level according to senior Commodity analyst at Bloomberg Intelligence Mike McGlone. McGlone, who has recently been predicting (on a consistent basis) a positive outlook for bitcoin and the entire crypto market said that key factors that support this analysis include last year’s […] дальше »
2021-6-17 16:07 | |
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Analyst Explains Why Ethereum Is Rallying, Hitting All-Time Highs
Investment management firm Ark Invest has highlighted three reasons why the price of ethereum has been hitting record highs. The firm cited increased institutional interest, strong on-chain signals, and imminent protocol upgrades as the key reasons. дальше »
2021-5-10 13:00 | |
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JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. дальше »
2021-1-26 02:30 | |
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Bitcoin Posts Massive 10% Drop as Altcoins Consolidate; What Analysts are Saying
Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue hampering its growth, as BTC is now at risk of breaking below a few key levels One analyst spoke about […] дальше »
2021-1-22 23:00 | |
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The Countdown is on: Bitcoin has 3 Days Before It Reaches Apex of Key Formation
Bitcoin is seeing relatively lackluster price action today, with it consolidating within the mid-$30,000 region as altcoins all explode higher Where the entire market trends in the mid-term should depend largely on whether or not Bitcoin bulls can establish $37,000 as support The crypto has tested this level on a few occasions overnight, and it has been holding strong One analyst is now noting that BTC is likely to range for the coming few days […] дальше »
2021-1-17 00:00 | |
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Institutional Buyers May Be Defending Bitcoin from Breaking Below $30,000
Bitcoin has seen a strong rebound today, with bulls defending against a deeper selloff as the crypto neared the lower-$30,000 region overnight Where the entire market heads in the short-term will undoubtedly depend on BTC and its continued reaction to its key near-term support So far, the buying pressure seen between $30,000 and $33,000 has been promising and could indicate that further upside is imminent One on-chain analyst is also noting that this happens to […] дальше »
2021-1-14 21:00 | |
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The Last Time This Indicator Flashed, Bitcoin Dropped 38%; Now It’s Back
Bitcoin has been facing some turbulence as of late, with the cryptocurrency’s price action greatly favoring bulls Each dip has resulted in aggressive buying pressure that leads it to new all-time highs, with the ongoing bull market turning into a full parabolic ascent The crypto is fast approaching $30,000, with this being a key level that could prove to be a major hurdle for the crypto to break above One analyst spoke about BTC’s outlook, […] дальше »
2021-1-2 21:00 | |
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Analyst: Bitcoin Rally is Losing Steam as Key Factors Forecast a Drop
Bitcoin has been caught within the throes of a wild uptrend throughout the past few weeks, with each dip being aggressively bought This has allowed it to see fairly steady gains, with sellers being unable to gain any real control over its price action Just today, the crypto set fresh all-time highs as its price rallied past $25,000, and it is showing few signs of slowing down anytime soon One trader explained in a recent […] дальше »
2020-12-27 21:00 | |
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These Key Factors All Point to an Imminent Bitcoin Rally: Analyst Claims
It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense decline, with buyers ardently defending its price from breaking below $23,000 The buying pressure here has proven to be quite intense and may continue bolstering its price action for the days and weeks to come One analyst is also noting that its mid-term […] дальше »
2020-12-27 21:00 | |
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Analyst Expects Ethereum Correction as Key Indicator Peaks
Ethereum is down 7. 5% in the past 24 hours as Bitcoin has begun to fall from its weekend peak. The leading cryptocurrency is currently under $600 for the first time in many days. Analysts fear a further correction is possible as Ethereum’s Stochastic relative strength index (RSI) has formed a near-term peak. дальше »
2020-12-23 13:00 | |
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Bitcoin’s Support Sits at $19,500 but It Remains Highly Bullish: Analyst
Bitcoin has faced some intense selling pressure following its recent rally past $24,000, but bulls were able to thwart it from seeing any intense selloff as its price navigates back up to this key level. дальше »
2020-12-21 21:28 | |
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Analyst Expects Ethereum to See Massive Gains as It Taps “Final” Demand Zone
Ethereum’s price action has underperformed that of Bitcoin as of late, which is a common trend amongst all the major altcoins There’s no question that BTC’s ongoing rally is creating some tailwinds for altcoins, although it has not been enough to spark any parabolic ETH movement This has caused the cryptocurrency to flash some major signs of weakness against its Bitcoin trading pair, which is now sitting within a key long-term demand zone One analyst […] дальше »
2020-12-19 23:00 | |
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Citibank Downgrades MicroStrategy Stock Rating Over The Firm’s “Excessive” Bitcoin Focus
Citibank downgraded MicroStrategy stock rating on December 8, citing the business intelligence firm’s recent bitcoin allocations as the key factor. Specifically, Citi analyst Tyler Radke lowered MicroStrategy’s stock from a “neutral” to a “sell” soon after the company announced that it was planning to raise $400 million in order to purchase more bitcoin. Radke noted […] дальше »
2020-12-10 20:10 | |
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Bitcoin to See Key Inflection Point in Coming Weeks
Bitcoin is likely about to visit a key inflection point, historical data shows. Philip Swift, a crypto-asset analyst, recently noted that over the past four years, Bitcoin has undergone a crucial reversal in the middle of December, namely between December 15th and 18th. дальше »
2020-12-6 22:00 | |
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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800
Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »
2020-12-3 04:17 | |
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Things “Could Get Ugly” for Bitcoin if It Closes Below This Key Level
It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […] дальше »
2020-12-3 21:00 | |
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On-Chain Analyst Says Bitcoin Could Hit $200,000 in 2021
According to Willy Woo, a prominent on-chain analyst, Bitcoin is likely going to move toward $200,000 to $300,000 in the coming year. He cited a technical price model that has accurately predicted some key inflection points in Bitcoin’s price history. дальше »
2020-12-3 13:00 | |
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Analyst Claims XRP Likely to Target $0.70 as Uptrend Turns Parabolic
XRP has surprisingly been one of the best performing major altcoins throughout the past few days, seeing parabolic gains as bulls take full control of its price action. Its rally shows few signs of slowing down either, with bulls setting their sights on the cryptocurrency seeing even further upside as it plows past multiple key […] дальше »
2020-11-24 05:00 | |
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Ethereum Could Target $850 Once It Breaks Key Resistance, Claims Analyst
Ethereum has flashed signs of immense strength despite a fleeting overnight selloff This recent decline came about in tandem with that seen by the rest of the crypto market Bitcoin plunged below $18,000 before posting a “V-shaped” recovery and rallying significantly higher This recovery also helped lead ETH higher, with the cryptocurrency rapidly navigating back up to where it has been trading throughout the past couple of days Its recent strength and unwavering uptrend indicate […] дальше »
2020-11-23 01:00 | |
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Ethereum Funding Rates Flip Neutral as Rally Kicks Off; Next Stop $710?
Ethereum has been flashing some immense signs of strength throughout the past few days, with it starting to gain ground against Bitcoin Much of this strength came about following the cryptocurrency’s push past $500 earlier this week In the time since, it has been growing strong and is now positioned to make a move higher One analyst is noting that it is currently nearing the last key resistance level before it reaches significantly higher price […] дальше »
2020-11-22 01:00 | |
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Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level
Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs This momentum is showing no signs of slowing down anytime soon Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi […] дальше »
2020-11-21 23:00 | |
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Ethereum Shatters First Key Resistance as Analysts Target Move to $480
While Bitcoin explodes past $17,000, Ethereum has seen only tempered momentum That being said, the crypto was able to break above a crucial resistance level today, and is trying to gain a footing above $470 This has led one analyst to expect significantly further upside in the near-term He believes that $480 is the next key level that ETH will target, with a break above here being vital for it to see a strong push […] дальше »
2020-11-18 23:00 | |
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Ethereum Drops Below Crucial Technical Pattern and Must Hold $430
Ethereum could undergo a stronger drop in the days ahead, analysts say, as the cryptocurrency slides below key support levels. Ethereum Loses Key Support Level on a Short-Term Basis: Analysis A crypto-asset analyst shared the chart below just recently, showing how the coin has moved below a rising wedge pattern. дальше »
2020-11-16 02:18 | |
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Analyst: Bitcoin Could Reel to $13,000 or Lower if It Breaks One Key Level
Bitcoin has been struggling to hold above $16,000 throughout the past couple of days, which is a somewhat grim sign Its weekly candle close is just a couple of hours away, and how it trades heading into this will likely set the tone for where it trends in the week ahead The ongoing influx of […] дальше »
2020-11-16 22:45 | |
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Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum
Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »
2020-11-15 01:00 | |
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Key Bitcoin Price Fractal Predicts a $3,000 Correction Is Due
Bitcoin has undergone a strong rally over the past few weeks, pushing as high as $16,500. Analysts are starting to fear that a correction is due, though. One crypto-asset analyst recently shared a fractal showing that the cryptocurrency is trading in a remarkably similar way to how it did during the 2017 highs at $20,000. […] дальше »
2020-11-14 10:00 | |
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Analyst: Key Amazon Stock Fractal Is “Anti-FOMO” For Bitcoin
The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high. But one sharp-eyed crypto analyst has spotted a fractal in Amazon’s post-dot-com bubble crash recovery that closely matches the cryptocurrency’s recent price […] дальше »
2020-11-14 23:00 | |
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Chainlink is an Inch Away from Breaking a Key Resistance Level: Analyst
Chainlink has firmly broken above the $13. 00 level that has been suppressing its price action for the past few weeks. This is a notable breakout and suggests that the crypto may be on the cusp of seeing significantly further upside. дальше »
2020-11-12 02:00 | |
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Analyst: Ethereum is About to Follow Bitcoin and See a Parabolic Move
Following a prolonged period of Ethereum severely underperforming Bitcoin and the rest of the crypto market, it is finally reversing this trend ETH has been able to post massive gains throughout the past 24-hours, surging beyond multiple key resistance zones as bulls aim at breaking above $450 This has revitalized the aggregated altcoin market, with DeFi tokens being particularly impacted by Ethereum’s strength These digital assets are now seeing their first signs of ending their […] дальше »
2020-11-7 23:00 | |
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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. дальше »
2020-11-4 15:00 | |
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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside
Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »
2020-11-1 22:00 | |
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Analyst: Ethereum Could Rally Towards $432 if Bulls Flip One Key Level
Ethereum has continued seeing lackluster price action while Bitcoin rallies past its critical short-term resistance The crypto is on the cusp of flipping its $390 resistance, however, which could give it freedom to rally significantly higher in the short-term One trader is now noting that a surge up towards $432 could be in the cards if ETH can break above its short-term resistance level This would be a significant rally that potentially puts a firm […] дальше »
2020-11-1 22:00 | |
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Ethereum at Risk of Major Downside After Failing to Complete Key Pattern
It has been a rough past few days for Ethereum, with Bitcoin’s recent $13,800 rejection sending it plunging below $400 It has not been able to gain any strong momentum in the time since, and analysts do believe that this could indicate that further weakness is imminent ETH’s lackluster price action and severe underperformance has been one of the main reasons why other altcoins have been heavily underperforming BTC One analyst is now noting that […] дальше »
2020-10-31 23:00 | |
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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence
Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »
2020-10-30 23:00 | |
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Analyst: Bitcoin’s Dominance to Peak in December, Sparking Altcoin Buying Frenzy
Bitcoin has seen a massive upswing over the past couple of days that brought a firm end to its consolidation phase and is now allowing it to confront its key resistance around $12,000. This level has been holding strong as resistance, and throughout the year, any break above this level was met with heavy selling […] дальше »
2020-10-20 19:00 | |
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