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Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
10.12.2021
Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities
Analysts say Bitcoin’s behavior at $47.5K mirrors the pre-breakout 2017 market
9.12.2021
Bitcoin price succumbed to another wave of selling, but analysts say the current market structure at $47,500 mirrors the early bull-market from 2017
Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K
6.12.2021
Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market
Ethereum 'about to go parabolic' against Bitcoin as analysts weigh BTC bear case
3.12.2021
ETH/BTC stays near its highest since 2018, but that's nothing compared to its next move, one trader believes
Mainstream Analysts Pour Scorn on El Salvador’s Financial Plans and Bitcoin Intentions
2.12.2021
Mainstream analysts have criticized El Salvador’s budget plans for 2022 and its bitcoin (BTC) bond ambitions – and a media outlet has pointed out that international ratings agencies are now lining up to take aim at the nation’s President Nayib Bukele and his adoption plans....
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ETH/BTC Ready to Break Higher? Not So Fast, Some Analysts Say
30.11.2021
A much-discussed chart among crypto traders in recent days has been the ethereum (ETH)/bitcoin (BTC) chart, with many claiming it looks primed for a sharp move higher. However, some are still betting on an opposite outcome, with investor demand also indicating stronger appetite...
Bitcoin sees fresh split-second spikes as analysts say 'almost time' for BTC uptick
24.11.2021
Fits and starts below crucial resistance at $60,000 continue with Bitcoin's RSI due to rebound
Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K
22.11.2021
BTC price dropped below $56,000 again, leading analysts to discuss various bull and bear scenarios for Bitcoin’s short term price action
Analysts: Lack of Trust in Nigerian Government an Impediment to CBDC’s Success Prospects
12.11.2021
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist...
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
11.11.2021
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”
Most Cryptos Correlated with Stocks, Not with Gold - Analysts
11.11.2021
Bitcoin (BTC) had no positive correlation with the traditional inflation hedge gold during the past 60 days, and has instead developed a weak positive correlation with the US stock market, a new report from the crypto-focused financial services firm BitOoda has found.
The correlation between...
Bitcoin Rally Healthy, Less Leverage Than in the Past, Say On-Chain Analysts
9.11.2021
The current bitcoin (BTC) rally looks healthy, with less leverage than on previous occasions, and strong support in the USD 50,000 to USD 60,000 range, on-chain analysis suggests.
Although the current crypto market rally - which has now pushed bitcoin above the USD 68,000 mark and ethereum (ETH)...
Analysts expect parabolic Bitcoin price move after the ‘last’ resistance at $67K falls
8.11.2021
Analysts say BTC price is set for a near parabolic price move once the “last” resistance at $67,000 is cleared
Electronic Arts CEO Thinks NFTs and Play-to-Earn Are Part of the Future of the Gaming Industry
6.11.2021
Electronic Arts (EA), an important gaming and entertainment-oriented company, has made insightful remarks about the importance of NFTs and the play-to-earn model in its last earnings call. Andrew Wilson, CEO of the company, addressed the subject in response to several questions posed by business...
Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target
5.11.2021
BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000
Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range
2.11.2021
Analysts say ETH’s breakout to a new all-time high is just the beginning and one 2017-era fractal pattern targets a $14,000 Ethereum price in the near future
Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year
2.11.2021
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...
Finance Author Says $100K Bitcoin Prices Not ‘So Far-Fetched — Don’t Rule It Out’
30.10.2021
Throughout 2021, there’s been a number of people who have said they expect bitcoin to reach $100K by the end of this year. In more recent times, the six-digit bitcoin price forecasts continue as people are now saying a sudden move to $100K “doesn’t seem so far-fetched.”...
Here’s why analysts say Bitcoin ETFs may ‘completely change the structure of the market’
28.10.2021
Analysts still hold a bullish longterm view of Bitcoin price, but they also agree that the newly launched BTC ETFs are a game-changer
Analysts hold their $250K Bitcoin price target even as BTC falls below $60K
22.10.2021
Crypto markets take a turn for the worse after hitting record highs earlier in the week, with Bitcoin down 6% near the $60,000 level