Bitcoin ‘death cross’ data hints 43% drop due in BTC price bear market
Based on historical tendencies, $22,700 could now mark the next “generational bottom” for Bitcoin, new analysis says. Go to Source Powered by WPeMatico
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Research Firm Predicts Bitcoin Will Hit $200K in Second Half of 2022, ETH to Reach $12K
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
ETH to hit $20 trillion market cap by 2030: Ark Invest
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 $100K possible by chipping away at gold’s market share: Goldman Sachs
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
Historically accurate ‘momentum indicator’ hints at possible Bitcoin breakout ahead
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
Bitcoin could ‘drive people nuts’ for months with $53K BTC price ceiling — analyst
Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree. Go to Source Powered by WPeMatico
Plan B Says Bitcoin Price Still ‘on Track Towards $100K’ Despite Missing November’s Price Prediction
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
Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K
Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety. Go to Source Powered by WPeMatico
As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’
On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model … Read more
Don’t get bearish Bitcoin just yet, says veteran trader who called 2018 crash
Bitcoin faces trying times, but the outcome of this week’s BTC price action could be bullish or “exhaustingly” sideways, says Peter Brandt. Go to Source Powered by WPeMatico
