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Crypto Analyst Claims Bitcoin Is Less Than 50 Days Away From Topping $10k “Forever”
There is an ongoing debate on where the price of Bitcoin may be going next after spending weeks consolidating at $9,000. While some analysts and traders expect the price to plunge to various levels lower than $9,000, a chartered financial analyst at Cane Island and the author of “Bitcoin Spreads Like a Virus”, Timothy Peterson […] дальше »
2020-7-8 15:30 | |
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An Accurate Bitcoin Analyst Expects a “Large” Correction in Altcoins
This may sound like a broken record but it’s been a strong year thus far for altcoins compared to Bitcoin. Just look at the chart below, which shows that since the start of the year, BTC has underperformed many altcoins. дальше »
2020-7-6 01:00 | |
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Textbook Pattern Predicts Ethereum Will Plunge Over 20% if $220 Is Lost
Ethereum’s price action may be textbook indecision, yet an analyst said that the asset is moving ever closer to a breakdown. Ethereum Could Plunge Lower According to a trader, Ethereum is on the verge of breaking down. дальше »
2020-7-6 23:00 | |
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Cardano (ADA) May Soon Crater by 25% as Massive Resistance Looms
Cardano (ADA) is currently flashing some significant signs of weakness after failing to surmount the crucial $0.10 region It has been caught within a strong news-driven uptrend over the past several months, posting a majority of these gains over the past couple of weeks It remains unclear as to whether or not a few positive developments that have taken place as of late will be enough to sustain the cryptocurrency’s intense uptrend One analyst is […] дальше »
2020-7-6 22:00 | |
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Overdue Altseason: Analyst Says Exponential Growth For Ethereum, XRP, Litecoin May Be Oncoming
After months and months of dashed hopes, many investors are wondering whether the long-postponed altcoin season is finally upon us. In recent weeks, most altcoins have been popping off as bitcoin continues consolidating below $10,000. дальше »
2020-7-6 19:46 | |
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This Unexpected Factor Suggests Bitcoin May Crash From $9,000s, Not Rally
Bitcoin is in no man’s land. Just look at the chart below from analyst Josh Rager, which shows that BTC hasn’t even moved out of the $8,500-10,000 range for eight weeks: “BTC’s range is clear. дальше »
2020-7-4 04:00 | |
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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish
It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »
2020-7-4 00:00 | |
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Sparks Fly as Critics Question Bitcoin Model Predicting $100,000 by 2021
The Bitcoin Stock to Flow (S2F) model created by the pseudonymous analyst “PlanB” has been a controversial subject over the past year. A majority of cryptocurrency investors on Twitter seemingly believe in the model, though it’s increasingly come under fire. дальше »
2020-7-4 22:00 | |
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Bitcoin’s Volume is at the “End of the Line” Signaling Volatility is Imminent
Bitcoin’s range-bound trading is showing no signs of letting up as the crypto continues trading sideways within the lower-$9,000 region It does appear to be laying the groundwork to make a massive movement Data suggests that this movement could be imminent in the days ahead, potentially setting the tone for which direction it trends next There are a few other factors that are likely to influence its near-term price action as well One analyst notes […] дальше »
2020-7-4 21:00 | |
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Bloomberg Analyst: Key Metrics Show Bitcoin Should Rocket Towards $12,000
It’s been a slow past few weeks for the Bitcoin market. The cryptocurrency has effectively been range-bound for two months, registering no concrete trend. Despite this, blockchain analytics firms have observed an increase in usage of BTC. дальше »
2020-7-3 15:00 | |
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Cardano (ADA) Is Forming the Signal That Preceded a 75% Crash: Analyst
Despite Bitcoin’s stagnation, Cardano (ADA) has performed extremely well over recent weeks. Data from crypto research firm Messari shows that the leading altcoin is up 150% since the start of the year. дальше »
2020-7-3 13:00 | |
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If the S&P 500 Passes 3,200, Then Bitcoin Can Retake $9,500: Analyst
If you’ve followed Bitcoin analysts over recent weeks, you likely know of the importance of $9,500 to the cryptocurrency. As the chart below indicates, $9,500 has been a crucial price point for Bitcoin over the past two months. дальше »
2020-7-3 04:00 | |
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As Altcoins Rally, Blockstream CEO Says Bitcoin Is the Only Crypto
Even compared to Bitcoin, altcoins have done well for themselves over recent months. As one crypto data analyst observed early last month, BTC has actually underperformed small cap, medium cap, and large cap altcoins. дальше »
2020-7-3 13:00 | |
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Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why
Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst sees BTC/USD breaking above the technical pattern and aim for an all-time high as its upside target. дальше »
2020-7-2 12:02 | |
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Fund Manager Disproves Popular Stock-to-Flow Model Projecting Bitcoin At $100K By 2021
Last year’s March, a crypto analyst PlanB, who is now known primarily due to his Stock-to-Flow model, proposed a completely new perspective on predicting the price of Bitcoin. This popularized model is based on the idea that the value of scarce assets (such as gold, silver, and of course, Bitcoin) correlates strongly with their scarcity, […] дальше »
2020-7-2 09:50 | |
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Analyst explains how ADA could continue its rally as Cardano’s “Shelly” arrives
Cardano’s ADA has done extremely well in 2020 in terms of price action. The post Analyst explains how ADA could continue its rally as Cardano’s “Shelly” arrives appeared first on CryptoSlate. дальше »
2020-7-2 09:00 | |
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Bitcoin Rises on Positive US Jobs Report: Why Analyst Sees a Correction
Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of the ADP National Employment Report, revealing an addition of 2. дальше »
2020-7-2 08:19 | |
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Second Red Dot Flashes On The Bitcoin Stock-to-Flow Model, Confirming $100K Bull Rally By Year-End
The stock-to-flow model designed by pseudonymous Dutch quantitative analyst PlanB has become widely accepted by the crypto community as an accurate model to project the price of BTC. The analyst has released a new update to the S2F flow which suggests that bitcoin is still on track for a mega rally to $100k by the […] дальше »
2020-7-1 18:34 | |
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Analyst Expects Bitcoin Price to Break Below $8,500; Here’s Why
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1. дальше »
2020-7-1 16:00 | |
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Fund Manager Challenges Bitcoin Price Model Predicting $100k By 2021
If you’ve been involved in Bitcoin or crypto over the past year, you likely have heard of “PlanB. ” He is a pseudonymous quantitative Bitcoin analyst that works as an institutional investor in Europe by day. дальше »
2020-7-1 15:00 | |
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This Eerie Bitcoin Fractal Sees Price above $70,000 by mid-2021
Bitcoin is on the cusp of breaking out towards levels above $70,000, according to an eerily identical fractal. Spotted first by Artem Shevelev, a market analyst, the pattern shows Bitcoin in a seven-stage development. дальше »
2020-7-1 09:55 | |
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Analyst Who Predicted Bitcoin’s 2018 Bottom: Altcoins May Plunge in 2021
It’s been an incredibly strong year for altcoins thus far. Versus Bitcoin, many have outperformed. As reported by Bitcoinist previously, the small-cap, medium-cap, and large-cap altcoin indexes from crypto exchange FTX have outperformed Bitcoin since the start of 2020. дальше »
2020-7-1 04:00 | |
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Ethereum yield farming change could “sharply break” DAI’s $1 peg: analyst
The past few weeks have seen so-called “yield farming” gain popularity throughout the Ethereum ecosystem. The post Ethereum yield farming change could “sharply break” DAI’s $1 peg: analyst appeared first on CryptoSlate. дальше »
2020-7-1 02:00 | |
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If any of these 3 crypto firms collapse, a “tsunami” will ensue: analyst
Bitcoin and other cryptocurrencies may be predicated on decentralization, but the industry still has entities and assets that are of systemic importance. The post If any of these 3 crypto firms collapse, a “tsunami” will ensue: analyst appeared first on CryptoSlate. дальше »
2020-7-1 05:05 | |
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Analyst Who Predicted 2018’s $3k Bottom Says Bitcoin Looks “Cooked”
Save for a few blips here and there, Bitcoin has more or less tracked equities over recent months. The below image from Charles Edwards, a digital asset manager, shows this correlation quite well. The correlation between crypto and the S&P 500 has also been tracked by analysts at JP Morgan. дальше »
2020-6-30 15:06 | |
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No, Bitcoin Breaking Below $9k Was Not a Bearish Breakout: Analyst
On Saturday, Bitcoin finally broke below $9,000 after a week of consolidation. When the asset slipped under this level, more than $20 million worth of longs on BitMEX were liquidated. This was in addition to the more than $40 million liquidated just two days earlier. дальше »
2020-6-29 23:30 | |
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New Bitcoin Price Model Suggests ‘Exponential’ Bull Run in One Month
On-chain analyst Willy Woo published a new Bitcoin price model showing a new BTC bull run could begin in 30 days.
дальше »2020-6-29 22:32 | |
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Federated Sidechains: $8M in BTC Stuck in Limbo, Analyst Says Action ‘Violates Liquid’s Security Model’
Liquid, the sidechain network developed by the company Blockstream, saw 870 bitcoins ($8 million) frozen in moderation queue due to a seizure from a number of the network’s functionaries. The founder of the Summa project, James Prestwich, explained on Twitter that the emergency 2-of-3 controlled 870 bitcoin “violates Liquid’s security model. дальше »
2020-6-29 18:30 | |
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Popular Analyst Reveals New Bitcoin Pricing Model: Prediction Suggests ‘Bullish Run a Month Away’
The popular bitcoin analyst Willy Woo told his 132,000 Twitter followers that he’s working on a new pricing model that suggests a bull run is imminent. In fact, Woo says the model suggests bitcoin is close to “another bullish run” with “maybe another month to go. дальше »
2020-6-29 00:30 | |
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Bitcoin Setting Up For Another Bull Run After COVID-19 Pandemic ‘Killed’ the First Set-up: On-Chain Analyst
According to a new model that on-chain analyst Willy Woo is working on, bitcoin was setting up for a bull run when coronavirus pandemic – the white swan “killed the party.” The model picks the start of exponential bull runs and it suggests that we are close to yet another bull run and it could […] дальше »
2020-6-29 21:08 | |
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53% of Bitcoin Options Just Expired, Marking a Historic Milestone
Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows […] дальше »
2020-6-27 02:00 | |
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Bloomberg Analyst Gives Two Simple Reasons Why Bitcoin Is Poised To Test $13,000 Despite Current Bearishness
Bitcoin is currently far from a full-fledged bull market. Any attempt to move upward has been swiftly thwarted by the bears. The latest attempt was seen on Monday as the crypto climbed to $9,700, which was followed by a steep fluctuation. дальше »
2020-6-29 23:19 | |
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The Simple Reasons Why This Trader is Cautious of Ethereum
Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »
2020-6-27 23:00 | |
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Only 1% of Institutional Money Needed to Boost Bitcoin Beyond $50,000 – Messari
New York-based research firm Messari has released a new report exploring the possibility of redirecting a mere 1% of all institutional money away from traditional assets and into Bitcoin. According to Messari analyst, Ryan Watkins, the scenario could lead to inflows worth hundreds of billions of dollars, pushing Bitcoin prices well beyond $50,000. дальше »
2020-6-26 18:05 | |
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