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JP Morgan believes that crypto adoption by institutional investors is just beginning

Bloomberg recently shared the opinion of JPMorgan analyst Nikolaos Panigirtzoglou, who said Bitcoin would attract even more investment as a safe haven asset. In a recent report, a financial holding analyst claimed that financial institutions and wealthy people are starting to pay more attention to Bitcoin and buy the asset. дальше »

2020-12-12 21:24


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Analyst Claims Ethereum is Almost Ready to See a Massive Markup to $800

Ethereum has been struggling to break free of its connection to Bitcoin, with the benchmark cryptocurrency having massive control over its price action This has so far been quite bearish for ETH, as it has caused the cryptocurrency to see notable losses on multiple occasions Where it trends next should depend largely on whether or not bulls and bears can hold BTC above $18,000, as a dip below this level could be grim One trader […] дальше »

2020-12-11 23:00


Bitcoin Price at $21,000 Possible? This Chart Analyst Thinks Yes

Bitcoin could backtrack its way towards $20,000 in the coming sessions, says a chartist at TradingShot, an independent investment advisory firm. A $21,000 Bitcoin In his Wednesday note, the analyst wrote that the benchmark cryptocurrency anticipates undergoing a strong rebound move after testing a short-term support trendline. The trendline serves as a part of an […] дальше »

2020-12-10 16:30


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Analyst: $500 Likely Remains a Macro Bottom for Ethereum as Uptrend Falters

Ethereum has been closely tracking the price action seen by Bitcoin and other major altcoins, but it has been able to dodge seeing any intense decline overnight Although it did plunge as low as $530, the cryptocurrency’s support at this level sparked a “V-shaped” recovery that allowed it to surge up towards the upper-$500 region […] дальше »

2020-12-10 02:00


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Citibank Downgrades MicroStrategy Stock Rating Over The Firm’s “Excessive” Bitcoin Focus

Citibank downgraded MicroStrategy stock rating on December 8, citing the business intelligence firm’s recent bitcoin allocations as the key factor. Specifically, Citi analyst Tyler Radke lowered MicroStrategy’s stock from a “neutral” to a “sell” soon after the company announced that it was planning to raise $400 million in order to purchase more bitcoin. Radke noted […] дальше »

2020-12-10 20:10


Bitcoin is Going Mainstream, Why The Doubters Will Be Kicking Themselves

According to the website 99bitcoins.com, to date, Bitcoin has died a total of 341 times. The most recent report of Bitcoin’s demise came from The Felder Report, less than two weeks ago, in which former Bear Stearns analyst Jesse Felder wrote: “Ponzi schemes can work out great for early adopters. But that doesn’t make bitcoin, […] дальше »

2020-12-8 16:12


Analyst: Ethereum Likely to Target $780 as Technical Strength Grows

Ethereum has seen some lackluster price action throughout the past few days, which comes as Bitcoin leads the crypto market into a consolidation phase The crypto will likely continue seeing some sideways trading until BTC finds some clear directionality The pivotal level for ETH at the moment appears to be $600, as the selling pressure here has proven to be significant in the past Each break above this level has been short-lived and followed by […] дальше »

2020-12-8 23:00


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Mike Novogratz joins crypto analyst in criticizing Litecoin (LTC)

Litecoin (LTC) is one of Bitcoin’s oldest forks, and a high-ranking altcoin that has been known as ‘silver to Bitcoin’s gold’ for years, now. However, one analyst and former trader, Qiao Wang, recently posted sharp criticism of LTC on Twitter, only to be praised by none other than billionaire Mike Novogratz, the CEO of Galaxy Digital and a known Bitcoin bull. дальше »

2020-12-8 17:37


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Ethereum Could Plunge Below $500 Despite Ongoing Rebound, Claims Analyst

Ethereum has been facing some turbulent price action throughout the past few days and weeks, with the selling pressure seen in the lower-$600 region forcing it lower on multiple occasions This has come about due to its close connections to Bitcoin and its price action, with the benchmark crypto’s inability to break $19,800 hampering the growth seen by ETH as well Despite the strong rebounds seen following every dip, sellers are still trying to fade […] дальше »

2020-12-6 01:00


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Trader Reveals 8 Cryptocurrencies With Massive Potential For Growth In 2021

Influential Altcoin trader and Crypto analyst Aaron Arnold has revealed 8 crypto assets with massive potential for growth in 2021 that investors should consider keeping tabs on. Bitcoin (BTC) Arnold, who runs Altcoin Daily YouTube Channel with his brother Arnold Austin told over a quarter million followers (283000 subscribers) that of the 8 coins that […] дальше »

2020-12-5 21:35


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Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […] дальше »

2020-12-3 04:17


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Analyst: Bitcoin is Forming a Grave Bearish Divergence on Its Macro Chart

Bitcoin has been struggling to hold above $19,000 following its latest rejection around its all-time highs The selling pressure at this level has proven to be quite intense, and it remains unclear as to when bulls will be able to surmount it For this region to be broken, Bitcoin’s buyers will first have to show some greater signs of strength, as they are currently struggling to hold the crypto above $19,000 A continued bout of […] дальше »

2020-12-3 02:00


Things “Could Get Ugly” for Bitcoin if It Closes Below This Key Level

It has been a volatile past few days for Bitcoin and the entire crypto market, with the benchmark cryptocurrency’s bulls ardently trying to remain in control of it It has seen multiple sustained dips below $19,000, but each one is bought into aggressively and quickly reversed There is one crucial level being watched by a prominent analyst that could hold some heavy influence over the crypto’s price action He notes that a close below this […] дальше »

2020-12-3 21:00


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Ethereum Could Soon Rally Up to 180% Against BTC as Strength Mounts

Ethereum and Bitcoin have both seen significant declines against their USD trading pairs today This came about after the benchmark cryptocurrency raced to all-time highs and posted a rejection at this level, pointing to underlying weakness amongst bulls ETH’s BTC trading pair, however, has remained stable, as the two digital assets moved lower in tandem This is a positive thing for Ethereum, as one analyst is noting that ETH/BTC’s current strength indicates that this trading […] дальше »

2020-12-2 23:00