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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 may lose $30K price level if stocks tank, analysts warn
19.6.2021
Downside risks for BTC price are also heightened due to the recent dollar bounce
Goldman Sachs analysts divided over whether Bitcoin is an 'investable asset class'
18.6.2021
Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk
Analyst Claims Bitcoin Will Break $40K Threshold, S2F Audit Shows BTC Could Tackle $85K by Year’s End
14.6.2021
Bitcoin prices have been range-bound and consolidating for quite some time but jumped over 9% in the last 24 hours after Elon Musk’s tweet on Sunday. A number of crypto analysts are still unsure about bitcoin’s future price while a few expect a rebound from last month’s lows....
JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures
14.6.2021
Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional...
Traders, analysts offer mixed reactions to El Salvador’s BTC announcement
6.6.2021
While some made out the announcement from a Lightning Wallet developer to be historic, the market seems to think it's ho-hum
Analysts See 'Seismic shift' In Bitcoin Mining Amid Chinese 'Crackdown'
24.5.2021
Bitcoin (BTC) could be in for a fresh battering this week after reports emerged that some mining pool players including HashCow and BTC.TOP, are reviewing their operations in China as a response to central government pressure on the mining sector, while some industry observers argue that this might...
Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout on ‘Overleveraged Positions’
21.5.2021
Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the overall market valuation of all coins in existence has jumped back to $1.75 trillion on Friday. Bitcoin...
US Dollar Drops to a Three-Year Low, Greenback Could Dip 10% Lower, Fed Still Not Ready to Taper QE
20.5.2021
America’s currency has been flirting with lows again, as the U.S. Dollar Index (DXY) dropped to a low of 89 on Tuesday and the following Thursday. This is the third time since April 2018, the DXY has been this weak, and some analysts think the currency could drop even lower. US Dollar...
‘Chartmaster’ Expects BTC Price to Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found a Floor Yet’
18.5.2021
The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see bitcoin rebounding and gathering new highs in the coming weeks, a few crypto market strategists believe bitcoin prices could sink...
Biden Economics: US Jobs Report Lackluster, Unemployment Extensions Hammer Supply Chain, Americans Want More Stimulus
11.5.2021
Recent headlines in numerous publications claim the U.S. economy is set for rapid expansion and a “post Covid boom” thanks to Joe Biden’s economic plans. However, contradicting reports identify certain struggling elements, such as the supply chain, which have been ravaged...
Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins
5.5.2021
Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC
'The Most Honest Sh*tcoin,' Dogecoin, Will Survive Alongside Bitcoin - Analysts
5.5.2021
One of the oldest cryptocurrencies, created as a joke, dogecoin (DOGE), continues to rally, with financial services firm Galaxy Digital researchers attributing it partly to its honesty, simplicity, and self-awareness.
In their report titled 'Dogecoin: The Most Honest Sh*tcoin', Galaxy Digital...
Goldman Sachs Doubts Bitcoin as Store of Value Citing Environmental Problems and ‘Lack of Real Use’
29.4.2021
Global investment bank Goldman Sachs is questioning whether bitcoin can be a long-term store of value and digital gold. The firm’s analysts cited various issues with the cryptocurrency, such as environmental problems, “lack of real use,” and competition from other...
Keep Calm, Bulls Are Here, Say Analysts, As USD 19B Liquidated In One Week
23.4.2021
Options expiring, US tax speculations, China blackout, and the combination of these are blamed for the crypto market turning bloody today, to say the least - yet numerous insiders see this as just a necessary correction and expect that the bull market will continue, with bitcoin (BTC) possibly...
Morgan Stanley Says Central Bank Digital Currencies Not a Threat to Cryptocurrencies
20.4.2021
Major investment bank Morgan Stanley believes that central bank digital currencies are not a threat to the existence of cryptocurrencies. The bank believes that both types of digital currencies can coexist because they serve different purposes and have different appeals. Cryptocurrencies and CBDCs...
Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts
17.4.2021
South Korean analysts are continuing to debate the market value of Dunamu, the operator of the South Korean market-leading Upbit crypto exchange – as talk of the company seeking to make a listing bid on an American stock market intensifies.
As previously reported, industry insiders claim that...
Analysts say Coinbase listing represents a 'watershed’ moment for crypto
13.4.2021
Analysts say the impact of Coinbase listing on the Nasdaq will be overwhelmingly positive as it is the bridge legacy investors will use to tap into crypto
Ethereum Fees Decline as Analysts Point to Bots as Cause
13.4.2021
Ethereum (ETH) average transaction fees have plunged by as much as 50% in two weeks, falling from a fourteen-day high of USD 22.9 to a low of USD 11.4 on April 11, before increasing again. Analysts have pinned the fall on a shift in the types of bots used by traders, with flashbots replacing...
Early Investors Hodl Post-Tesla-Bitcoin Buy As Analysts Debate Hedge 'Myth'
29.3.2021
Source: Adobe/Сергей Шиманович
Over the past several days, prominent analysts have argued that more early investors are choosing to hodl bitcoin (BTC) at the moment, and that BTC is a measure of wealth, and while some say that it is a hedge against inflation, others call that narrative a myth....