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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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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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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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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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This financial analyst expects a “very bullish” Bitcoin price in June for 4 key reasons
After a strong rally from $3,700 to $10,100 over the span of six weeks, the Bitcoin bull has proverbially been asleep over the past few weeks. The post This financial analyst expects a “very bullish” Bitcoin price in June for 4 key reasons appeared first on CryptoSlate. дальше »
2020-5-31 14:00 | |
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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190
Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »
2020-5-23 23:00 | |
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Analyst Who Predicted Bitcoin’s 2019 Bottom Asserts That $6,000s Are Likely
After attempting to break decisively past $10,000 for the second time in a week, Bitcoin was rejected, plunging as low as $9,200 for the umpteenth time in a matter of days. BTC’s tepid price action has made some investors cautious that more downside for the flagship cryptocurrency is possible, citing the loss of the key... дальше »
2020-5-17 04:00 | |
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Bitcoin is About to Start a Fresh Macro Bull Cycle Once It Captures Key Level
Bitcoin has been able to maintain the bulk of the gains that came about during yesterday’s intense upswing Buyers are still struggling to firmly surmount the key $10,000 region, however, as it appears that bears have established heavy resistance here The cryptocurrency could still be on the cusp of entering a macro bull-cycle, and one analyst is noting that the key level that needs to be shattered exists just above BTC’s current price Bitcoin has […] дальше »
2020-5-9 21:00 | |
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Bitcoin Could Push to Fresh Yearly Highs if Buyers Defend One Key Level
Following an extended period of consolidation within the upper-$8,000 region, Bitcoin has finally garnered enough momentum to surmount its resistance at $9,200 This movement has opened the gates for significantly further upside, as it took out a major liquidity region and has yet to face any type of harsh rejection One analyst is explaining that a continued defense of $9,200 is all that BTC now needs to make a bid at the $10,000 region Bitcoin’s […] дальше »
2020-5-7 21:00 | |
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Is Bitcoin a Good Investment: Analyst Predicts High Institutional Demand Post Covid-19
The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment. дальше »
2020-4-26 20:15 | |
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As Ripple’s XRP Holds Key Level, Analyst Eyes 100% Rally: Here’s Why
Although all cryptocurrencies have had it tough over the past few weeks, XRP has been hit especially hard. The altcoin, the third-largest crypto asset by market capitalization, fell as low as $0. 105 on Thursday from its 2020 high of $0. дальше »
2020-3-16 02:30 | |
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Analyst: Bitcoin could see an explosive upwards movement after tapping key “buy zone”
Bitcoin (BTC) saw a massive selloff this morning that sent the cryptocurrency reeling from the upper-$8,000 region to lows of $8,100, before finding some support that has allowed it to rebound slightly. дальше »
2020-3-10 01:12 | |
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XRP Holding This Key Level Sets Stage for 100% Rally: Top Analyst
The past few days haven’t been kind to the crypto markets. After peaking last week, market leaders Bitcoin, Ethereum, and Ripple’s XRP and smaller altcoins saw their values tank. XRP, unfortunately, was hit especially hard, perhaps because it has seen an especially strong rally over the past eight weeks. дальше »
2020-2-24 23:27 | |
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Analyst: Bitcoin may reach $13k before halving for this key reason
The Bitcoin price has increased from $6,400 to $10,150 in less than two months. Ahead of the block reward halving in May, BTC is likely to see a continuous upward trend. The Bitcoin halving in May reduces the total reward miners get for mining blocks containing transactions on the network. дальше »
2020-2-10 23:00 | |
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Chainlink (LINK) to Hit a New All-Time High Soon, Analyst Calls
Chainlink (LINK), a project that joined the crypto market relatively late, is on an expansion again, promising to break its all-time record. LINK Rally Conquers $3 Key Level with Chance for New Records LINK, one of the most active altcoins that has even defied the bear market, is on a fast expansion once again. дальше »
2020-2-7 20:00 | |
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Top Analyst Who Called Bitcoin’s Rally to $9,500 Warns a “Hard Dump” May Happen
If you told investors in mid-January that Bitcoin would soon surmount $9,000, they might’ve thought you were crazy. At the time, the cryptocurrency had just been rejected multiple times from key resistances in the high-$8,000s — namely the ever-so-important 200-day moving average (seen as a “make or break” level) and the horizontal right around $9,000... The post appeared first on NewsBTC. дальше »
2020-2-5 14:00 | |
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Bitcoin to Repeat 2017 Bull Run Based on This Key Metric: Analyst
Research firm Glassnodes came up with new metric for bitcoin adoption. This metric may breakout and foreshadow next bull run. The post Bitcoin to Repeat 2017 Bull Run Based on This Key Metric: Analyst appeared first on CCN.com дальше »
2020-1-31 20:46 | |
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Analyst: Bitcoin Dips Are Bought at a Remarkable Rate, Making $10k Imminent
Every bitcoin dip is being bought at a remarkable rate says top trader Filb Filb. The strong momentum of BTC above a key resistance level at $9,000 positions BTC for a potential upsurge to $10,000. Bitcoin is recovering at a faster pace than expected In October 2019, Filb Filb said in an blog post that... The post appeared first on NewsBTC. дальше »
2020-1-28 15:52 | |
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Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first
The Bitcoin price tends to move in a trend that deals maximum pain for both bulls and bears in the market — and this time is seemingly no different. Based on previous fractals, one popular cryptocurrency technical analyst said that the Bitcoin price is more likely to pull back to the low $5,000s to establish […] The post Analyst: Bitcoin re-accumulation phase has begun, but it must drop to this key price first appeared first on CryptoSlate. дальше »
2020-1-23 02:40 | |
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The Waves Price Fails to Break out Above Decisive Resistance
The Waves price has been decreasing since December 30 and has reached a significant support area. Cryptocurrency trader and analyst @PostyXBT stated that the Waves price has reached a key horizontal support level at 11,500 satoshis and could initiate a bounce from here. дальше »
2020-1-10 18:35 | |
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Bitcoin Could Dump to $5,000 If This Pattern Plays Out
The consolidation for the entire month of December has continued for Bitcoin as it holds above key support. If the next moves down are similar to the previous ones however it could soon be as low as $5,000 according to one analyst. дальше »
2019-12-26 11:00 | |
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Why a Top Analyst Thinks Bitcoin Remains Bearish Despite $1,000 Jump
Since trading as low as $6,400 this week, Bitcoin (BTC) has seen a strong price recovery, surging as high as $7,300 late last week as bulls managed to defend key levels. In other words, the leading cryptocurrency jumped by nearly $1,000 from the multi-month bottom, making some believe that bulls are back. дальше »
2019-12-22 01:00 | |
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Key indicator shows it’s time to accumulate Bitcoin, but the bottom is far ahead
Despite the high levels of volatility seen yesterday, Bitcoin stabilized around $7,200. Now, a renowned technical analyst suggests that it is a good time to be “stacking sats” while another estimates a further correction. дальше »
2019-12-20 00:36 | |
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Bitcoin Bull Narrative Gains Strength as Key Sell Signal Dissipates
As reported by NewsBTC just days ago, the opening month was harrowing for Bitcoin (BTC) for one reason: the open of the December candle for the cryptocurrency’s price triggered a “sell” signal on the Market God v7 indicator, designed by crypto analyst Thies. дальше »
2019-12-8 15:00 | |
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