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Crypto Analyst: Bitcoin's 11.1% Loss in Q3 Defies Expectations
9.10.2023
Bitcoin (BTC) faced a challenging third quarter, posting a loss of 11.1%, placing it just above long-term treasuries, which experienced a -11.9% loss during the same period.
The weak performance has puzzled both crypto analysts and investors, given the favorable fundamental developments that have...
Wall Street Analyst: Bitcoin's Resilience Amidst Sell-Off and Potential Outperformance in Recessionary Environment
23.8.2023
In a recent analyst note by Mike Colonnese, CFA, the focus shifts to the recent developments in the Bitcoin (BTC) market and its implications for the future.
The study details BTC's reactions to significant sell-offs, the reasons behind the previous week's sharp decline, and prospects for BTC in...
Analyst: Bitcoin & Ethereum bull run will pump InQubeta presale to over $5M
25.7.2023
The latest crypto market forecasts indicate a continued bull run for Bitcoin and Ethereum, two of the most substantial and influential digital assets. While these two titans typically grab headlines, analysts are paying attention to a smaller yet highly promising project, InQubeta, and its native...
Silver and Gold — Precious Metals Stored Value This Year Outperforming Crypto Assets in 2022
26.12.2022
Gold prices are ending the year a hair below the values recorded 12 months ago. Statistics on Dec. 26, 2021, show the U.S. dollar value per ounce of gold was $1,810 per unit, and today gold is $1,797 per ounce. Silver, on the other hand, managed to increase a hair in value since last year, […]
US Inflation Remains Scorching Hot, Jumping to 9.1% in June — White House Says CPI Data Is Already ‘Out-of-Date’
13.7.2022
According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-over-year increase, even though a number of bureaucrats and economists...
Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom
10.7.2022
Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Fidelity’s Director on Bitcoin and Ether Price Outlook Jurrien...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
27.5.2022
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during...
Market Strategist Explains 4 Reasons Why BTC Is Rallying — ‘Ukraine Crisis Highlights How Bitcoin Can Act as a Support Mechanism’
1.3.2022
On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged —...
Fidelity analyst: Bitcoin price up-down debate 'mostly noise,' watch network's Apple-esque growth
18.2.2022
The number of users on the Bitcoin network keeps growing higher, serving as reminiscent of tech giant Apple's growth to date
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth
10.2.2022
Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor...
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
29.12.2021
While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days....
Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle
23.10.2021
The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after...
Deutsche Bank analyst: Bitcoin will be 'ultra-volatile,' but it’s here to stay
24.9.2021
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage" over other cryptocurrencies for the foreseeable future
Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion
14.8.2021
The price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month. Bitcoin’s Value Jumped 45% Last Month The crypto economy grew to around...
Analyst: ‘Bitcoin Correction Very Similar to 2013 — BTC May Remain Stuck at $30K for a While’
18.7.2021
The analytics provider Ecoinometrics has published a tweetstorm that shows the current downward spiral from bitcoin’s all-time high is one of “the longest drawdowns bitcoin has had to deal with during a post-halving bull market.” Furthermore, the same day, analyst and economist...
Stock-to-Flow Bitcoin Price Model Criticized as BTC Price Ratio Matches 2019 Statistics
10.7.2021
During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said...
Bearish or Bullish? Bitcoin Traders Argue Over Death Cross Outcome
20.6.2021
On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when bitcoin’s short-term moving average (MA) dips below the long-term MA, the crypto...
Bitcoin’s Price Regains Some Losses, Signals Still Show Indecisive Crypto Markets
30.5.2021
Digital currency market prices have been dropping during the last few days as the crypto economy now rests at $1.53 trillion in value. Crypto trade volumes have increased a hair on Sunday, and a few crypto assets have seen decent percentage gains over the course of the last seven days. Crypto...
Analyst Expects Bitcoin to ‘Grind Down’ to $15K, With a ‘Periodic Dead Cat Bounce’ Along the Way
26.5.2021
An analyst from the biotech consulting group Biotechvalley Insights believes after bitcoin lost 53% from the crypto asset’s all-time high, “the party is clearly over.” The biotech consulting group analyst thinks crypto investors will witness a slow “grind down the slope...