Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
It’s all about two moving averages crossing over as proof that BTC price action is done with the dip. Go to Source Powered by WPeMatico
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It’s all about two moving averages crossing over as proof that BTC price action is done with the dip. Go to Source Powered by WPeMatico
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate … Read more
United States stock markets provide the backdrop for reversal in Bitcoin as $30,000 manages to hold. Go to Source Powered by WPeMatico
Based on historical tendencies, $22,700 could now mark the next “generational bottom” for Bitcoin, new analysis says. Go to Source Powered by WPeMatico
This week in a note to investors, Fsinsight, a Fundstrat company, said bitcoin could reach $200,000 during the second half of the year. In the investor’s note, Fsinsight’s head of digital asset strategy, Sean Farrell, said the parabolic growth would be due to “legacy market capital entering the fold.” Fsinsight: ‘Bitcoin to Tap $200K in … Read more
ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi. Go to Source Powered by WPeMatico
Bitcoin has a good chance to topple $100,000 by taking market share from gold as a store of value, Goldman Sachs analysts predicted. Go to Source Powered by WPeMatico
A “massive bullish move” could be the result of this week’s momentum indicator move, in line with behavior from throughout 2021. Go to Source Powered by WPeMatico
Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree. Go to Source Powered by WPeMatico
This month, the price of bitcoin sank below the $60K zone this month after reaching an all-time high (ATH) at $69K per unit. The pseudonymous bitcoin analyst and the creator of the bitcoin price model called stock-to-flow (S2F), Plan B, called the last three months of bitcoin prices correctly but the analyst’s “worst-case scenario” forecast … Read more