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Top Analyst Predicts Bitcoin Could Drop Another 10%: Here’s Why
A prominent cryptocurrency analyst thinks that Bitcoin is primed to fall lower after June 11th’s 10% drop, despite the 5% bounce from the lows. He remarked in a post published on June 12th that the cryptocurrency has lost the support of a short-term ascending triangle, and thus is primed to fall to the range lows of $8,575. дальше »
2020-6-13 07:00 | |
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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High
The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »
2020-6-13 04:00 | |
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Michael Novogratz Counters Analyst Who Said Bitcoin’s $20K All-Time High Was Fake
Galaxy Digital CEO and Founder Michael Novogratz has registered his disagreement with the opinion that the 2017 Bitcoin price all-time high was fake. He mentioned in a tweet that the market was a bubble with a lot of liquidity to buy or sell into and the sell-off that later led to the price crash was […] дальше »
2020-6-13 00:19 | |
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Bitcoin’s Consolidation is Likely to Lead it to $9,200 Next; Here’s Why
Bitcoin has continued consolidating following a bout of intense volatility yesterday that sent it into the $10,000 region This movement was short-lived, and the tap of this resistance level was once again followed by a firm rejection Analysts are now noting that the cryptocurrency is growing weaker as it continues trading beneath its resistance This could open the gates for BTC to post some notable losses in the days and weeks ahead, with one analyst […] дальше »
2020-6-12 21:00 | |
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Bitcoin to Breakout in Coming 7 Days as Strength Grows; Claims Analyst
Bitcoin has once again extended the bout of lackluster price action that it has been seeing over the past week The cryptocurrency’s mid-term trend is growing increasingly unclear as it struggles to surmount the heavy resistance that lies directly above its current price action It’s a strong possibility that this resistance will prove to be insurmountable Nevertheless, analysts still remain bullish. дальше »
2020-6-11 21:00 | |
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Time’s Running Out For Bears, Analyst Says A Full-Blown Bitcoin Bull Trend Is Coming
Some Bitcoin bulls have in recent weeks questioned the possibility of Bitcoin rallying to record highs. This is especially as it continues to fail to break above key resistance. But one analyst says it’s just a matter of time. дальше »
2020-6-10 22:08 | |
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Analysts Expect Bitcoin to See “At Least 18 Weeks” of Blood Due to This Pattern
Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […] дальше »
2020-6-10 21:00 | |
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3 Macro Factors Show Why Bitcoin Is Poised to Erupt Past $10,500: Analyst
The recent price action has made it easy for investors to flip bearish for Bitcoin for the time being, but a top analyst recently shared that he remains macro bullish on the cryptocurrency. Backing his optimism, he shared the chart below, along with three macro factors showing that Bitcoin is likely still embroiled in a macro uptrend. дальше »
2020-6-10 15:00 | |
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Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits
A number of analysts believe that at some point in the future, Bitcoin prices will touch the six-digit zone or $100,000 or more per unit. This price point has been predicted by a variety of experts and analysts including the stock-to-flow (S2F) proponent Plan B, financial analyst Peter Brandt, the popular crypto trader Theta Seek, […] The post Bitcoin’s March to $100K: A Number of Crypto Experts Who Believe the Price per BTC Touches Six-Digits appeared first on Bitcoin News. дальше »
2020-6-9 19:07 | |
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66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns
Two-thirds of people who use Coinbase are willing to leave the platform following reports that the U.S. exchange plans to sell user data to two government agencies for $250,000. Cryptocurrency trader and analyst John Rager carried out a poll on Twitter, asking his 73,000 followers: “Would you actually delete or stop using your Coinbase account?” […] The post 66% of Coinbase Users Willing to Leave the Exchange Due to Mounting Privacy Concerns appeared first on Bitcoin News. дальше »
2020-6-8 16:30 | |
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Analyst explains why an exponential post-halving Bitcoin rally is yet to be seen
It has been nearly four weeks since the third Bitcoin halving. Many investors expected that there would be a drastic price change by now. But the most we have seen from the crypto leader has been a rally to $10,100 and a drop to $9,200. дальше »
2020-6-8 23:24 | |
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What A Bitcoin ETF Could Do to Its Price Following Gold’s Historical Moonshot
The price of Bitcoin will improve significantly if a BTC ETF is approved. This is the position of a cryptocurrency analyst, PlanB. In a Twitter post, he affirmed BTC will do better the same way gold has been performing better since the first gold ETF was approved in 2003. дальше »
2020-6-6 10:08 | |
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S2F Model Suggests Bitcoin is Underbought, Indicating a Bull Run
PlanB, the anonymous cryptocurrency analyst who popularized the stock-to-flow model, said that Bitcoin has now entered the “fear” zone, meaning that it is currently positioned below the S2F model value. дальше »
2020-6-6 21:01 | |
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Moderna Stock Price $60, MRNA May Climb 80% More, Analyst Indicates
Coinspeaker Moderna Stock Price $60, MRNA May Climb 80% More, Analyst IndicatesThough now Moderna (MRNA) stock is significantly below its ATH, Oppenheimer analyst predicts an 80% increase from the current level. дальше »
2020-6-6 15:15 | |
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Data Analyst: There Continues to Be Mass Bitcoin Accumulation By Institutional Players
At the start of May, Bitcoin experienced its latest block reward halving. This event saw the number of BTC issued per block cut in half from 12. 5 coins to 6. 25, meaning that there is less supply to satisfy demand. дальше »
2020-6-6 04:00 | |
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Bitcoin Miner Hoarding Bolsters the Bullish BTC Case
Yet another bullish case is emerging for the Bitcoin (BTC) price following a noticeable decline in the volume of BTC transfers from miners to exchanges. In a Tweet published on Thursday, crypto analyst @ColeGarnerBTC provided a chart from market analytics firm Glassnode showing the inverse correlation that exists between miner outflows and the Bitcoin price. дальше »
2020-6-5 00:09 | |
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Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020
Bitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders. дальше »
2020-6-4 04:00 | |
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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC
Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […] дальше »
2020-6-4 02:00 | |
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Bitcoin Dollar Cost Averaging Over 3 Years Yields a 70% Gain: PlanB
Bitcoin (BTC) analyst and creator of the hugely popular stock-to-flow (S2F) model, PlanB (@100trillionUSD), has published a chart showing the potential returns of dollar-cost averaging (DCA) over three years. дальше »
2020-6-4 00:13 | |
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Here’s Why Bitcoin’s V-Shaped Recovery from $3,800 Spells Trouble for What’s Next
Bitcoin has now entered a consolidation phase within the mid-$9,000 region following the meltdown seen yesterday This has made it increasingly unclear as to which direction the benchmark cryptocurrency will trend over a mid-term time frame One analyst is calling into question the long-term strength of BTC’s multi-month uptrend due to the “V-shaped” recovery it posted in mid-March when it dipped to lows of $3,800 He eludes to the possibility that this provided the crypto […] дальше »
2020-6-3 21:00 | |
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Analyst: Bitcoin May See an Extended Bear Market Until September 2020
Bitcoin’s halving came and went, but no major uptrend has begun as crypto investors had been hoping. And although the leading crypto asset by market cap has rallied steadily from lows, another three-month-long downtrend and extension of the bear market may be ahead. дальше »
2020-6-4 20:30 | |
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Holding Ripple’s XRP is “Not an Effective Strategy,” Argues Top Analyst
XRP, the underlying token of the Ripple’s flagship blockchain, is not a practical cryptocurrency for holding, said a top market analyst. The statements appeared in the wake of XRP’s dismissive performance in 2020 against its better-performing rivals, such as bitcoin. дальше »
2020-6-4 16:15 | |
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Ethereum May Dive 35% as Price Sees Rejection at Crucial Resistance Level: Analyst
After attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the $250 price resistance. Like Bitcoin, the second-largest cryptocurrency plunged 10%, falling as low as $225 on most spot exchanges. дальше »
2020-6-3 15:00 | |
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This Stock Market Analyst Explains Why Bitcoin Will Keep Growing
Bitcoin fell $1,500 in just three minutes in an overnight price crash Monday. But the dip has not deviated the world’s leading cryptocurrency from extending its uptrend. A top stock market analyst noted that risky assets would keep growing in value as long as there is a stimulus. дальше »
2020-6-3 08:10 | |
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This Top Analyst Wouldn’t Be Surprised If Ethereum Hit $1000 In 12 Months
Ethereum has performed rather well in recent months, recovering completely from the March market cataclysm. The world’s second-largest crypto is now valued at $249 at the time of publication and a few analysts believe its rally is far from over. дальше »
2020-6-3 17:42 | |
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Top Analyst Expects Ethereum to Soon Plunge Against Bitcoin: Here’s Why
Bitcoin’s performance over the past three days has been impressive, but even more so is Ethereum’s rally. Coin360. com data shows that the second-largest cryptocurrency is up 23% in the past seven days, while BTC is up 14% in that same time frame. дальше »
2020-6-2 13:00 | |
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Bitcoin’s Price Spread on the CME is “Super Bullish” and Foretells Major Upside
Bitcoin has seen mixed price action in recent times, struggling to surmount $10,000 despite gaining a solid foothold within the $9,000 region Analysts are now noting that the cryptocurrency appears to be at a turning point as it trades directly between two CME gaps One analyst is also pointing to the massive BTC premium seen on the CME as a reason why the crypto is highly bullish Bitcoin saw some turbulent trading yesterday when sellers […] дальше »
2020-6-2 02:00 | |
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Bitcoin About To Enter A Full-Blown Bull Market Based On This Key Indicator – Analyst PlanB
After consolidating and stagnating for several weeks, bitcoin finally showed some signs of pushing higher last week. The top crypto is now trading above $9,500, marking a 10% recovery from the $8. 6K lows posted during a major correction in the course of May. дальше »
2020-6-1 17:31 | |
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Analyst: Why Bitcoin Market Will “Get Interesting” After Thursday’s Difficulty Change
Ever since the Bitcoin halving on May 11th, investors have been fearing a widespread “miner capitulation. ” A miner capitulation is an event in the cryptocurrency market when many miners of BTC become unprofitable. дальше »
2020-6-1 15:00 | |
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Charts of XRP and Top Altcoins Look “Trash”: Here’s What May Come Next
The Bitcoin bull case may be rapidly forming, but the charts of XRP and other top altcoins still look “like trash” according to a top analyst. The analyst that made this assertion called that BTC would bottom at $3,200 in the middle of 2018, when the asset traded in the $8,000s. дальше »
2020-6-1 13:00 | |
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4 Indicators Show Bitcoin Has a “High Chance” of Falling in Next 2 Weeks: Analyst
Bitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According to the analyst that... дальше »
2020-6-1 13:00 | |
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