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Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold. дальше »
2020-6-26 16:00 | |
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Why Tomorrow’s $1B Bitcoin Options Expiry May Not Trigger Any Volatility
Tomorrow, $1 billion worth of monthly and quarterly Bitcoin options will be expiring This will be the largest options expiry that BTC has ever seen Some analysts believe that the event will spark some massive volatility That being said, the sharp downwards movement seen yesterday evening may have actually been the movement that was widely expected by traders One analyst believes that this signals that the benchmark cryptocurrency is poised to see even further sideways […] дальше »
2020-6-25 21:00 | |
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These 4 Signs Show Bitcoin Is Likely to See a “Big” Move Down: Analyst
Bitcoin has already seen a strong reversal from the highs seen earlier this week. As of the time of this article’s writing, the flagship cryptocurrency trades at $9,200. This comes after it fell as low as $8,950 during a flash sell-off on Wednesday, with the price being depressed by a leveraged-long liquidation event. Unfortunately for […] дальше »
2020-6-25 13:00 | |
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Why This Analyst Sees Even More Downside For Bitcoin Price Before Any Real Recovery
We know Bitcoin is flat and trading sideways. Today, BTC had another leg down and rejection dropping to $9,200 on most exchanges, and basically giving away all the gains from June 22. The daily uptrend is still in play until the $9,170 level is lost, the last higher low. Buyers can still turn it around […] дальше »
2020-6-25 01:56 | |
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This Technical Sign Will Make Bitcoin “Rip” to $11k and Beyond: Analyst
Bitcoin has finally started to press higher after weeks of consolidation. Though prices have since retraced to $9,550, the cryptocurrency reached a local high of $9,800 on Monday. This was a more than 5% jump from the weekly baseline price of approximately $9,200. дальше »
2020-6-25 15:00 | |
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Analyst Who Predicted Bitcoin Would Hit $3,000s in 2020 Expects a 15% Drop
After holding in the low-$9,000s, Bitcoin finally saw a breakout recently. The cryptocurrency liquidated $15 million worth of BitMEX short contracts as it shot as high as $9,800 during Monday’s trading session. дальше »
2020-6-24 03:00 | |
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Analyst: If Ethereum Fails to Rally Now, It May Never Be Able To
Ethereum’s price has seen a notable rebound from its recent lows, but it still remains caught within its wide multi-week trading range Its present lack of strong momentum has been surprising to many investors, as it has been garnering massive utility in recent times This has led one prominent data analyst to explain that it’s becoming “do or die” time for ETH He notes that a failure for it to post a swift rally in […] дальше »
2020-6-24 23:00 | |
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Zilliqa price: trend reversal strengthens after 900% gains in two months
Analyst predicts ZIL/USD could drop 40% to $0.011 after gaining over 900% between March... The post Zilliqa price: trend reversal strengthens after 900% gains in two months appeared first on Coin Journal. дальше »
2020-6-23 16:21 | |
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Bitcoin S2F Creator: Whales Didn’t Crash Price in March 2020
Whale manipulation did not crash the price in March 2020, asserts Stock-to-Flow creator PlanB. The analyst claimed that the cryptocurrency’s growing correlation with the U. S. benchmark S&P 500 led it lower. дальше »
2020-6-23 16:00 | |
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Why One Analyst Thinks the Collapse of DeFi Will Fuel a Historic Ethereum Rally
Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive payouts, […] дальше »
2020-6-23 02:00 | |
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Bitcoin Bull Market Will Resume by Mid-July, Asserts CryptoQuant CEO
Bitcoin is consolidating in an $8,600-$10,000 trading range since April 30, 2020. The sideways momentum has led the cryptocurrency’s volatility to its lowest since October 2019. With risks of a negative breakout looming, one top analyst sees Bitcoin resuming its bull market by mid-July. дальше »
2020-6-22 16:00 | |
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Bitcoin Analyst Explains Why Money Is Poised to “Flow Out of Altcoins,” Boosting BTC
It’s been an explosive past few weeks for altcoins but not for Bitcoin. As the leading cryptocurrency has stalled in the $8,000s and $9,000s as BTC investors have found themselves at an impasse, certain altcoins have ripped higher. дальше »
2020-6-22 15:00 | |
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An Analyst Thinks Ethereum Visits $300 But Not Everyone Is Convinced
While analysts are indecisive on what comes next for Bitcoin, there’s been a growing sentiment that Ethereum is poised to erupt higher. This is largely due to growth in decentralized finance, which some say will be a catalyst for ETH’s growth. дальше »
2020-6-22 13:00 | |
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If Bitcoin Traders Short Here, They Have “Terrible Odds” Of Making Money: Analyst
Bitcoin’s consolidation over the past few weeks hasn’t been seen as bullish by everyone. Case in point: institutional traders on the CME are currently net short on BTC futures. Yet, a trader says that those shorting have “terrible odds” of making money. дальше »
2020-6-22 02:00 | |
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XRP Prints a Macro Bull Signal: A Top Analyst Says It’s Still Poised to Crash
XRP has not fared as well as Bitcoin, Ethereum, and other top cryptocurrencies have over the past few weeks. As the market leaders have stalled, trading in tight ranges, XRP has slid lower and lower. дальше »
2020-6-22 23:30 | |
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Analyst Who Predicted Bitcoin’s 150% Bounce From March Lows Is “Still Long”
When Bitcoin crashed to $3,700 in March, many were quick to throw in the towel. There was one prominent analyst that said that looking at the charts, he saw a good likelihood the cryptocurrency was to fall under $1,000. дальше »
2020-6-21 07:00 | |
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These 3 Pivotal Signs Show Bitcoin Is Bearish as “Massive” Move Nears
The most pressing question Bitcoin investors have faced over the past few weeks is if the current consolidation will break higher or lower. The expectation that BTC will move lower from the current range recently gained strength with an analyst drawing attention to three technical signs. дальше »
2020-6-21 01:00 | |
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Why This Analyst Sees Bitcoin Price Crashing To $8.3k Before A Sharp $10.3k Bounce
Recent data have shown that Bitcoin has performed quite strongly in 2020, particularly after the third halving which happened just last month. Although it has not been able to stay above $10,000 for long, it has also still not broken below $9,000 for a while now. дальше »
2020-6-20 19:54 | |
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A Top Macro Analyst Just Bought Bitcoin For the First Time Ever
While Bitcoin’s uptrend has stalled, prominent names in the financial world have continued to delve into cryptocurrency. The latest of these is Darius Dale, the Managing Director & Partner at Hedgeye Risk Management. дальше »
2020-6-20 10:00 | |
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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility
Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »
2020-6-20 02:00 | |
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How Will Top Analyst’s S&P 500 All Time High Prediction Affect Bitcoin?
As Bitcoin maintains its positive correlation with the S&P 500, a top analyst has predicted an all-time high for the U. S. benchmark. Research firm DataTrek published a note earlier this week that the S&P would rise by another 14 percent by the end of 2020. дальше »
2020-6-18 16:00 | |
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Analyst: Ethereum Price’s Chart Looks “Ominous” After $250 Rejection
Like Bitcoin and most other top cryptocurrencies, the past few weeks have been stagnant for Ethereum. The cryptocurrency has consolidated around ~$230, failing to breakout in either direction. Stepping back, though, analysts are saying that ETH’s chart looks bearish. дальше »
2020-6-18 04:00 | |
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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows
Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »
2020-6-18 02:00 | |
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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index
Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […] дальше »
2020-6-18 00:55 | |
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This Silver Fractal Suggests Bitcoin Could Soon See a Parabolic Rally
Bitcoin’s well-established consolidation trend is showing no signs of ending anytime soon, as the crypto is still hovering within the mid-$9,000 region Each attempt to break above or below the upper and lower boundaries of its current trading range have been unsuccessful There is, however, one fractal pattern that bodes well for the crypto’s bulls One analyst is pointing to similarities between previous silver price action and Bitcoin for insights into where the benchmark digital […] дальше »
2020-6-18 21:00 | |
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Why It’s “Increasingly Unlikely” Bitcoin Crashes Under $7,000: Analyst Explains
As Bitcoin has stalled in the $8,000s and $9,000s over recent weeks, certain analysts have begun to expect a strong move lower. One top trader went as far as to say that BTC could see a 40% drop in the coming months. дальше »
2020-6-17 04:00 | |
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Bitcoin’s Perfect Storm On The Horizon As Analyst Calls For ‘Inevitable’ Dollar Collapse
A new forecast from a chief Morgan Stanley executive claims the dollar is due for a severe crash that could benefit Bitcoin in a major way. What’s fueling this “inevitable” dollar collapse, and why does it make for a perfect storm for the first-ever cryptocurrency? Morgan Stanley Asia Chairman: The Dollar Is Inevitably Doomed For […] дальше »
2020-6-17 20:30 | |
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Vitalik Buterin Says Bitcoin S2F Model Is Wrong
The Bitcoin-stock-to-flow model predicts prices through scarcity, calling $288,000 BTC by 2024. Ethereum’s Vitalik Buterin calls the theory into question. Stock-to-Flow Is Unprovable First popularized by the anonymous crypto analyst... The post Vitalik Buterin Says Bitcoin S2F Model Is Wrong appeared first on Crypto Briefing. дальше »
2020-6-16 21:31 | |
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Ethereum’s Vitalik Buterin Lambastes The Stock-to-Flow Model That Predicts 6 Figures For BTC Price
The co-founder of the world’s second-largest blockchain Ethereum, Vitalik Buterin, strongly disapproves of the Stock-to-Flow (S2F) model that has drawn a lot of attention in the crypto space. The S2F model was created by anonymous quant analyst PlanB, and it takes into account bitcoin’s scarcity after halving events to predict the asset’s price. The model […] дальше »
2020-6-16 18:38 | |
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