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Bitcoin bull Willy Woo says many more hefty BTC purchases are on the way and here’s why
After the Jack Dorsey led financial services company, Square announced its purchase of 50 million dollars worth of Bitcoin, the cryptocurrency markets saw a surge of around 5 percent. Bitcoin analyst Willy Woo sees the move by Square as a precursor to a whole wave of high powered buyers that will be rushing into the […] дальше »
2020-10-13 15:22 | |
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As Long as Ethereum Holds $350 Range, It’s Set to Double: Analyst
Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish. дальше »
2020-10-13 14:59 | |
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Historically Accurate Analyst Thinks Ethereum Poised to Surge Into 2021
Ethereum has undergone a strong rejection since reaching the summer highs of $490. The leading cryptocurrency fell from those highs to a recent September low of $315, liquidating many investors in the process. дальше »
2020-10-13 13:00 | |
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A 50% Increase in Tether Supply Points to Another Bitcoin Rally: Analyst
Bitcoin should brace for another upside move as a large Tether supply waits to enter its market, according to TradingShot. The independent market analysis firm said that the USDT supply increased by more than 50 percent since August 2020. дальше »
2020-10-13 11:01 | |
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Analyst: Bitcoin to Lead “Blue-Chip” Altcoins into Fabled Bull Run in Q4
Bitcoin’s price action as of late has been firmly guiding that seen by the aggregated altcoin market. Larger altcoins like Ethereum and Chainlink have been directly tracking BTC’s price action, while smaller altcoins lag behind it slightly. дальше »
2020-10-13 23:00 | |
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A “Cypher Pattern” Sets UNI For 100% Rally, Says Analyst
Associating with the term “DeFi” worked in favor of many blockchain assets this year. UNI was one of them. The governance token, which landed in the hands of people who contributed to the progress and running of UniSwap, a decentralized crypto exchange, was a hit right after its launch. It topped charts after rising more […] дальше »
2020-10-13 16:00 | |
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Analyst Sees Bitcoin at $12K after Price Rises Five Days in a Row
Bitcoin should surge to $12,000 by the end of this week, according to Josh Rager of Blockroots. com. The analyst raised his price target for the cryptocurrency after it logged a five-day winning streak ending Sunday. дальше »
2020-10-12 11:00 | |
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Ethereum is on the Cusp of Making a Full Recovery; Here’s What to Watch For
Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can extend its upwards momentum One analyst is noting that Ethereum could be […] дальше »
2020-10-12 22:00 | |
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Analyst: Breaking This One Level Could Send Bitcoin to $14,000+
Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […] дальше »
2020-10-11 19:00 | |
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Bitcoin’s Move Higher Is Still a “Fadable” Rally, Analyst Says
Bitcoin has surged decisively higher over the past 72 hours, moving from the $10,600 range to as high as $11,500 on Friday evening. As of this article’s writing, the leading cryptocurrency trades for $11,350, just around 9% above the weekly lows. дальше »
2020-10-11 00:40 | |
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Analyst: “Cycle Lows” For Chainlink May Be In, Expect $14 Next
Chainlink (LINK) has experienced a strong decline after peaking at around $20 in August. At the recent lows, the coin traded around as low as $8, meaning that it had declined by 60%. LINK may be poised to revert to its bullish stance though as the coin forms a bottom formation, analysts say. Related Reading: […] дальше »
2020-10-11 00:23 | |
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No Stimulus Check? Bitcoin Price Could Hit The Roof, Analyst Reckons
The excessive printing of fiat currencies in the United States to provide monthly stimulus aid for its citizens has since been in favor of Bitcoin, as traditional investors are transitioning from regular assets to leading cryptocurrencies like Bitcoin. дальше »
2020-10-9 16:33 | |
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Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next
Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […] дальше »
2020-10-9 23:00 | |
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Analyst: Sidelined Capital Enough To Push Bitcoin To $1 Trillion Market Cap
Bitcoin price is currently trading at just above $10,900, but it may not be doing so for much longer. As the cryptocurrency continues to build a bullish fundamental base, one crypto analyst claims there’s enough capital sidelined in crypto to push Bitcoin to a market cap of over $1 trillion. If and when this happens, […] дальше »
2020-10-9 20:00 | |
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Popular Analyst Claims Bitcoin Must Break Above This Level Or Risk Going Downhill
After opening the month of October trading as high as $10,923, Bitcoin has dropped and has since been in consolidation between $10,500 and $10,600. Volatility has reduced significantly since then as the coin has been in consolidation and the price range has been tightening. дальше »
2020-10-8 12:42 | |
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Analyst Sees Gold at $4K in 2020; What Does It Mean for Bitcoin?
An optimistic forecast for gold is making Bitcoin equally bullish, thanks to its erratically positive correlation with the crypto. Gold Boom Ahead Frank Holmes, CEO of US Global Investors, told Kitco News that the gold market is forming a bottom. дальше »
2020-10-8 11:07 | |
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On-Chain Analyst: Bitcoin’s Price Not Accurately Reflecting Fundamental Strength
Bitcoin’s price action as of late has done little to offer investors with insight into its mid-term outlook. BTC has been trading squarely between the lower and upper boundaries of its long-held trading range between $10,200 and $11,200. дальше »
2020-10-8 05:00 | |
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Bitcoin’s Network Momentum Has Stalled—Why It’s Not the End of the World
Bitcoin’s network momentum, a metric that tracks on-chain volume, has stalled in recent months. Some see this trend as a concerning sign for BTC’s long-term trend. This may not be a concern as there are certain trends suppressing the metric, analyst Willy Woo says. дальше »
2020-10-8 04:00 | |
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Analyst Who Predicted Yearn.finance (YFI) Drop to $14k Thinks $12k Is Next
It’s been a tough past few weeks for the DeFi market, especially for coins like Yearn. finance’s YFI token and the Curve DAO Token. Since setting its all-time high price of $44,000, YFI has corrected by 70%, falling as low as $14,000 earlier today. дальше »
2020-10-8 03:16 | |
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Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up
Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »
2020-10-8 02:00 | |
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Analyst: The Next Bitcoin Break Will Set The Stage For Weeks To Come
Bitcoin is exhibiting confusing price action currently, reeling from the slew of negative news but withstanding a fall back to retest lows. Eventually, the stalemate between bulls and bears will break, and an enormous decision-making move will result. дальше »
2020-10-8 23:00 | |
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Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence
Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »
2020-10-8 21:00 | |
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Analyst: Bitcoin Stability Could Help Launch Altcoins Higher in Q4
Bitcoin’s price action has been creating significant fear amongst investors, with analysts and traders widely expecting it to see downside once its ongoing consolidation phase ends. This fear is clearly seen while looking towards BTC’s funding rates, which are extremely negative at the moment as demand for short positions rockets higher. Much of this sentiment […] дальше »
2020-10-8 19:00 | |
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As Long as Bitcoin Holds $10,500, Price Could Hit $11,200: Analyst
Bitcoin has stagnated at the local highs around $10,700 over the past few hours and days. The leading cryptocurrency remains below the highs it set last week prior to the BitMEX news breaking. Analysts are still optimistic about the cryptocurrency despite the ongoing stagnation and relatively weak price action. дальше »
2020-10-7 13:00 | |
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Troubles for Bitcoin Grow as Analyst Spots “Potential Death Cross”
Bitcoin is on the verge of painting a Death Cross. The technical chart pattern–which forms after an asset’s short-term moving average closes below its long-term moving average–holds credibility for predicting bearish markets. дальше »
2020-10-7 11:01 | |
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Top Ethereum Wallet MetaMask Hits Milestone Despite DeFi Slowdown
The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60. дальше »
2020-10-7 06:00 | |
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Investor Focus Shifts Towards “Gem Hunting” as Bitcoin Price Wanes
The Uniswap trading trend that gained heat throughout July and August is back, but in a different form than before While in previous months, traders were focused on momentum plays over a multi-week time frame, they are now trading “Uniswap gems” with a one-day or two-day investment horizon This has caused plenty of small tokens to see massive, and fleeting, pumps over a shorter time frame One analyst believes that this trend may be why […] дальше »
2020-10-7 02:00 | |
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Get Ready for Some Action as Bitcoin Volatility Hits Historical Lows
Markets are boring right now, with not much going on. Bitcoin is stuck around $10,700, while altcoins are oscillating between red and greens. Basically, “all markets, including our beloved digital asset space, seem to be going nowhere fast,” said analyst Mati Greenspan. дальше »
2020-10-7 20:36 | |
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Analyst: LTC, BCH, And XRP Will Eventually Be Knocked Out Of The Top 10 As Bitcoin And Blockchain Markets Mature
A popular crypto analyst and trader thinks some of the well-known cryptos currently among the top 10 are headed downwards. Michael van de Poppe is a technical analyst as well as a crypto trader. Sharing his opinion in a twitter post, the trader shed light on the future possibilities in the crypto market targeting 3 […] дальше »
2020-10-7 20:02 | |
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Bitcoin To Hit $100,000 in Five Years as Demand and Adoption Increase – Report
Bloomberg analyst Mike McGlone has predicted that the price of bitcoin will hit $100,000 by 2025. McGlone premised his argument on past bitcoin trends, including the period in which the price took four years to go from $1,000 to $10,000 in 2017. дальше »
2020-10-6 16:30 | |
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Asia Is ‘Best Positioned’ for Economic Recovery, Goldman Sachs Analyst Says
Coinspeaker Asia Is ‘Best Positioned’ for Economic Recovery, Goldman Sachs Analyst SaysAsian markets have surged to a 2-week high being fueled by a series of events followed by the Goldman Sachs tip on the country’s potential economic recovery. дальше »
2020-10-6 13:23 | |
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Bitcoin Analyst Reveals What’s Holding Price Above $10K: Its China
Bitcoin has shown an extreme resilience against bears that want to crash its spot rate below $10,000. And an on-chain analyst explains why. Forex professional Cole Garner issued a string of tweets earlier Tuesday to illustrate a divergence between Bitcoin’s bearish price moves and its growing network activity last week. дальше »
2020-10-6 11:00 | |
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Bitcoin Analyst Sees “Accumulation Signals” as Price Eyes Breakout
The Bitcoin price expects to grow higher in the coming sessions as a historically accurate indicator flashes signs of substantial accumulation. Spotted by TradingShot, an independent market analysis portal, the “on-chain smart money indicator” shows that influential traders/investors are buying Bitcoin en masse. дальше »
2020-10-6 08:29 | |
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Bitcoin Has Been in a Bull Run Since 2019—and There’s More to Come: Analyst
Bitcoin has undergone a strong drop since its $12,500 highs set in August. The coin now trades for $10,500, having dropped as low as $9,800 just a few weeks ago. Bitcoin is currently consolidating between $10,000 and $11,000, barely deviating from this range. дальше »
2020-10-4 10:00 | |
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What Market Pundits Say Comes Next For Bitcoin Following BitMEX’s Indictment
Crypto analyst Willy Woo has recently voiced his inclination on the great confidence he still has in Bitcoin despite its dwindling market price. According to Woo, the market has been unjustly overawed because BitMEX wasn’t hacked but its founders were charged by the CFTC for violating the US Bank Secrecy Act. He also states “No […] дальше »
2020-10-7 01:16 | |
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Willy Woo on Regulatory Sweep: This Is One of Those ‘Herd Is Coming’ Events
Now that BitMEX has a target on its back, there is a cloud of uncertainty surrounding one of the leading cryptocurrency exchanges. According to widely cited on-chain market analyst Willy Woo, however, the latest regulatory and criminal crackdown could pave the way for the herd to finally arrive in the cryptocurrency space. дальше »
2020-10-4 20:00 | |
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Top On-Chain Analyst Thinks Bitcoin Will “Pop” Despite BitMEX News
Bitcoin underwent a strong rejection on Thursday and Friday morning due to two fundamental trends. First and foremost, BitMEX was charged by the U. S. CFTC over derivatives concerns and anti-money laundering concerns. дальше »
2020-10-3 02:59 | |
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Analyst: Chainlink Likely to Face Grim Downturn That Leads to $6.85
Chainlink’s price action has been overtly bearish as of late, with the cryptocurrency being unable to hold above $10. 00 despite the technical strength resulting from its recent rebound from the $7. 00 region. дальше »
2020-10-3 00:00 | |
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Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”
Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows That being said, one analyst is expecting Ethereum to […] дальше »
2020-10-3 23:00 | |
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Why One Bitcoin Analyst Believes the Market is “Scared for All the Wrong Reasons”
Bitcoin’s price action as of late has been driven by a combination of recent news developments, jitters within the macro-economic environment, as well as technical weakness. That being said, these factors have not been enough to push the benchmark cryptocurrency below any crucial support levels, as it is still trading within the macro trading range […] дальше »
2020-10-3 19:00 | |
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Bitcoin Has Yet to Break Key Resistance Despite Strong Monthly Close
Bitcoin is currently posting a somewhat weak attempt to shatter the resistance laced throughout the upper-$10,000 region A break above here could open the gates for a move post $11,200, which would mark an end to its recent bout of sideways trading That being said, the crypto has yet to firmly climb above one key level that an analyst is closely watching Until it does so, the significance of this recent push higher remains somewhat […] дальше »
2020-10-2 02:00 | |
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Here’s Why Ethereum Might Plunge to $340 Before Ending Its Bear Trend
Ethereum’s price action has largely been in sync with that of Bitcoin and the entire crypto market Bulls and bears have both attempted to control its mid-term trend, but this has just resulted in a prolonged bout of sideways trading One analyst believes that the market might see some slightly further selling pressure in the near-term, which could slow its ascent and cause it to reel lower He is specifically setting his sights on a […] дальше »
2020-10-2 23:00 | |
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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month
Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »
2020-10-2 21:00 | |
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