Analyst who predicted Bitcoin rally to $18,000 begins to build a short position

Bitcoin has undergone an extremely strong rally over the past few weeks that has brought the coin as high as $18,900. The post Analyst who predicted Bitcoin rally to $18,000 begins to build a short position appeared first on CryptoSlate. дальше »

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Historically Accurate Analyst Calls for a Bitcoin Drop To $15,500-16,000

Bitcoin has exploded higher over the past few weeks amid mass institutional and retail buying pressure. There are some that are calling for a correction, though. A historically accurate analyst recently said that Bitcoin may soon be sent to “$15,500-16,000. дальше »

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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 »

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On-Chain Analyst: Long-Term Bitcoin Holders Have Been Selling the Rally Since $13k

Bitcoin has undergone a strong rally over the past month as buyers rush in after the early 2020 crash. The price of the leading cryptocurrency currently trades for $18,600, which is almost the highest the cryptocurrency has traded since the 2017 bull market peak. дальше »

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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 »

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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 »

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Bitcoin Nears Highs, But It May Not Be Ready for a Breakout; Here’s Why

Bitcoin has seen some incredible strength throughout the past few days, with each dip being aggressively absorbed by buyers This has allowed the crypto to rally past the $18,000 level and gain what appears to be a strong and stable foothold here Where it trends in the near-term should depend largely on its continued reaction to this level One analyst is noting that BTC does look like it wants to test its post-2017 highs of […] дальше »

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Bloomberg Analyst: Bitcoin Is “Tiny” Now, But “Price Discovery Stage” Is Here

Bitcoin is now worth nearly a full $15,000 more than it was during March of this year. But the events of Black Thursday and the realization that the world was forever changed, it has created the perfect storm for the cryptocurrency. дальше »

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XRP Is Entering New Bull Cycle That Could Send Its Price Soaring Towards $1 — Analyst

As bitcoin sets new highs, XRP appears set to initiate a new bull wave. A cryptocurrency analyst has observed that a particular technical indicator is indicating the possibility of the asset jumping over 192% towards $1. дальше »

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Simon Peters: $20,000 is next target for Bitcoin

We spoke with Simon Peters, eToro market analyst, about the state of Bitcoin, how…

The post Simon Peters: $20,000 is next target for Bitcoin appeared first on Coin Journal.

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Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop

This year has undeniably turned out to be bitcoin’s year. Despite the coronavirus pandemonium, no asset class has served as a better hedge against inflation, an ideal safe haven than bitcoin. Moreover, the flagship cryptocurrency is the top-performing asset in terms of returns after bouncing back from the March coronavirus-induced crash.  One analyst is noting […] дальше »

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Analysts Still Expect Ethereum Rally to $500 Despite $40 Flash Drop

Analysts think that Ethereum is primed to press higher despite last night’s $40 drop. One analyst noted that Ethereum remains in an extremely advantageous position on a macro time frame. He shared a chart showing that ETH is currently sitting above macro supports, meaning it has room to stretch toward $800 and beyond as it continues to hold those technical levels. дальше »

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Deutsche Bank Says Investors Increasingly Prefer Bitcoin Over Gold as Inflation Hedge

The Deutsche Bank analyst's comments are another sign of bitcoin's increasing acceptance in the mainstream of finance. дальше »

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Bitcoin Bull Market to Continue in 2021 as Citi Predicts 20% Dollar Crash

Citi analyst Calvin Tse discussed the prospects of a weaker US dollar in his research note. дальше »

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Analyst Who Called March’s V-Shaped Reversal Says Bitcoin Dip Is Inevitable

Bitcoin has undergone a strong rally over the past few days as the coin has continued to see vast buying interest. The coin pushed as high as $18,500 last evening, though quickly dipped back into the $17,000 region as selling pressure suddenly appeared. дальше »

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Analyst Targets Yearn.finance (YFI) Move to $27,000 as Bulls Take Charge

It has been a wild past few days and weeks for the Yearn. finance governance token. YFI bulls attempted to spark a strong uptrend earlier this week when they surmounted the $18,000 level, as this has long been a macro resistance level for the cryptocurrency. дальше »

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Ethereum May Soon See “Open Skies” and Surge Towards $800, Claims Analyst

Ethereum, much like Bitcoin and the rest of the crypto market, has seen significant buy-side pressure throughout the past couple of weeks that has allowed it to post some massive gains. Its uptrend reached a boiling point last night when buyers sent its price rocketing up to highs of nearly $500 before it faced a […] дальше »

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‘People Will Be Surprised At XRP’s Performance In 2021’ – Analyst Asserts

XRP is up 11.67% in the last 24 hours trading at $0.30 and climbing from yesterday’s high of $0.28. After several years of underperformance, investors are now changing their forecast for the 4th largest cryptocurrency by market cap and saying that XRP will have a great year in 2021 and will likely outperform Bitcoin. Bitcoin […] дальше »

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Bitcoin Taken Off Exchanges Now Will "Never See Daylight Again": PlanB, Preston Pysh

Renowned analyst PlanB and Preston Pysh believe that BTC withdrawn from exchanges now by new owners is acquired with a long-term vision and will not leave cold wallets дальше »

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Analyst Predicts Crypto Altseason Coming Early Next Year

Strong moves from Bitcoin this week have rekted altcoins in the process. In the last 24-hours, the leading crypto posted +8% gains to $18. 2k. With its current run of form, many analysts expect Bitcoin to break its previous all-time high soon. дальше »

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Bitcoin Analyst Details 3 Reasons Why He Expects Price to Fall to $13.8K

If there was any barrier sitting between Bitcoin and its all-time high, they don't seem to be there anymore. дальше »

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Bitcoin Came Close to $18,500, with JPMorgan Analyst Calling It Alternative to Gold

Bitcoin is currently trading at $17,600 after paring some of its gains дальше »

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Macro Analyst “Can’t Imagine” Bitcoin Not Outperforming All Other Assets

Bitcoin has been the best-performing macro asset of 2020. Dan Tapiero, a prominent macro investor and a co-founder of firms like 10T Holdings and Gold Bullion Int. , thinks this will continue. He said that he can’t imagine a world where “the coin doesn’t outperform all other assets. дальше »

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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 »

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“Bitcoin Will Go Below $10,000” – CryptoWhale Warns

Consistent crypto market critic ‘CryptoWhale’ has explicitly warned that bitcoin is currently oversold and will inevitably pullback below the $10,000 level. The renowned analyst and trader tweeted that despite Bitcoin’s ongoing rally, the drop will be massive and will drive prices back to levels not seen since August. дальше »

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Quantative Analyst Says Ethereum Could Hit $10,000 This Market Cycle

Ethereum is actually outperforming Bitcoin in 2020. The price of the leading cryptocurrency is up to $460 as of this article’s writing, but peaked at even higher levels in the summer. Even after this rally, the coin remains far below its all-time high price of $1,450, set in the peak of the bubble in early 2018. дальше »

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Bitcoin analyst gives 4 reasons why BTC price will hit $22,000 next

Bitcoin price is on track to achieve $22,000 says one analyst, citing four main factors that could boost its momentum.

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Legendary Technical Analyst Thinks Bitcoin Has Room to Move Higher

Bitcoin has roared higher over the past few weeks as buyers have begun to rush in. John Bollinger, the legendary technical analyst that made the Bollinger Bands technical indicator, is bullish. He recently wrote that he thinks the “path of least resistance is higher” for Bitcoin. дальше »

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Ethereum still bullish, but $500 price break still not in sight

Daily gains on the live charts may not mirror a bullish Ethereum, but “IncomingSharks” a cryptocurrency analyst explained to his Twitter audience that Etherhttps://zycrypto. com/tag/ethereumeum, the world’s second most valued cryptocurrency by market capitalization is still buoyant enough to hold support at its current price. дальше »

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$20,000 Bitcoin Is The Primary Hurdle Toward $1 Trillion Market Cap: Bloomberg Analyst

Bitcoin incurred a minor pullback over the weekend after it dropped below $16,000. The BTC/USD pair has subsequently recovered and continued to push forward on Monday after bouncing back above $16,000. дальше »

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Bears Control Chainlink as Long as It Holds Below One Crucial Level: Analyst

Chainlink has been holding strong throughout the past few days and weeks around $13. 00, with the selling pressure here stopping the cryptocurrency from seeing any intense momentum throughout the past few days and weeks. дальше »

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Grayscale Investments now controls almost 3% of the current Bitcoin supply

Grayscale seems to have mastered the art of cryptocurrency acquisition in a very short period of time. The cryptocurrency investment firm now owns almost 3% of the world’s Bitcoin supply. Trader and Bitcoin analyst MoonCarl drew light to this in a tweet where he noted that Grayscale has, for the fourth time this year, bought […] дальше »

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Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst’s Case for $300K BTC.

MIT researchers resoundingly reject blockchain-based voting. A Citibank MD thinks bitcoin could break out. And another DeFi protocol was hit with a flash loan attack. дальше »

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$1T market cap is ‘next big resistance’ for Bitcoin — Bloomberg analyst

Bitcoin price has a clear run to an order of magnitude in gains, Mike McGlone argues as $16,000 is quickly reclaimed.

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Why a Citibank analyst is calling a $318k target for Bitcoin

The banks are borderline following the playbook created by Bitcoin and cryptocurrency believers in the past few years: Deny all ties to the asset class at first, try to disallow clients from banking crypto profits to their accounts then, and wholeheartedly embracing the sector later. дальше »

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Citibank analyst seemingly predicts $318K Bitcoin price for 2021

However improbable this seems, it would represent the “weakest” major rally so far, at a 102 times increase from low to high.

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Citibank Analyst Says Bitcoin Could Pass $300K by December 2021

A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin. дальше »

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Bitcoin Could “Pull a Tesla” Rally Before 2020 Ends: Analyst

Economist and prominent market analyst Alex Kruger is not concerned about Bitcoin’s medium-term trend despite recent price weakness. He says that the coin could pull a Tesla-like rally in the months ahead. дальше »

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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 »

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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 »

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Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright

Bitcoin has seen a quiet weekend of trading, with the cryptocurrency struggling to gain any immense momentum as bulls and bears reach an impasse This has led to a prolonged bout of sideways trading around $16,000, with bulls and bears both struggling to gain control of its near-term Its recent price action has done little to provide any insights into where it might trend over a mid-term time frame That being said, one analyst is […] дальше »

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Bitcoin’s On-Chain Fundamentals Still Bullish, Says Leading Analyst

Bitcoin has faced a slight retracement since the $16,500 highs set a few days ago. The leading cryptocurrency has dropped to $16,000 as of this article’s writing and fell as low as $15,700 on Saturday morning. дальше »

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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 »

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Historically Accurate Analyst Expects Bitcoin to Hit $18,000 In Coming Days

Bitcoin has been rallying higher once again after days of consolidation. The cryptocurrency currently trades for $16,100, though traded as high as $16,500 hours ago. A leading analyst says that Bitcoin is trading in the midst of a textbook Elliot Wave pattern that will likely end with BTC peaking at $18,200 in the coming days, then correct toward $15,000. дальше »

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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 »

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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 »

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Bitcoin Mining Pool Stirs Controversy by Promoting Censoring BTC Transactions

Blockchain analyst firm, BlockSeer has launched a private mining pool, currently, in beta, that will censor certain Bitcoin transactions. Given that the Bitcoin community emphasizes censorship-resistance, an essential feature of cryptocurrency that makes it differentiating from the central bank digital currencies, it’s pretty obvious that the company would come under fire for its move. дальше »

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Bitcoin Enters “Uncharted Territory” as Macro Outlook Grows Bullish

Bitcoin is holding steady above $16,000, even gaining some slight momentum above this level as buyers remain in full control This price action has been undoubtedly bullish for the cryptocurrency, with a daily close above this level confirming that this latest push higher is more than a fleeting pump Now that buyers have flipped this into support, it could be time for the crypto to see even further gains in the near-term One analyst explained […] дальше »

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Two Fundamental Factors That Will Send Ethereum To The Moon

The close of the year is bringing many interesting twists and turns into the crypto-market and the altcoin market is leading the way on the frontline. As asserted by analyst Joseph Young, Ethereum is making a remarkable recovery after it fell off by 30% in the last two months. When Bitcoin began to race for the […] дальше »

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“Not A Convincing Move,” Bitcoin Analyst Asserts After Price Hits $16K

A flash pump in the early London hours Thursday led the Bitcoin price above $16,000. As of 1000 GMT, the BTC/USD exchange rate topped for the day at $16,169, a level last occupied in January 2018 when the pair was correcting lower after establishing its record high near $12,000 the previous month. The sudden upside […] дальше »

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