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Investment Manager Guggenheim Warns of ‘Major Correction’ in Bitcoin
22.4.2021
Guggenheim CIO Scott Minerd has warned of a “major correction” in bitcoin in the near term. Claiming that bitcoin is “very frothy,” he is forecasting a 50% decline in the price of the cryptocurrency. Scott Minerd’s Latest Warning About Bitcoin The chief investment...
Will XRP Explode in the Near-Term?
20.4.2021
The previous week or so has been hectic for XRP with its short win against SEC and its value fluctuating constantly. Right now, the crypto is hanging around 0.136 dollars, and there are not many ways to help the crypto recover from it. Many expect the currency to face an upward trend once...
3 reasons why BTC will unlikely trade below $50,000 in the near term
25.3.2021
BTC held the $50,000 support while derivatives indicators remained healthy, signaling investors' optimism
Bitcoin whale clusters pinpoint $44,214 as the key near-term price level
11.2.2021
Whale clusters show Bitcoin needs to defend $44,214 to see a continuation of the rally
Institutions Keep Buying Bitcoin’s Dip, Despite Near-term Volatility: Data
22.1.2021
Institutions and "whales" have continued their bitcoin purchases, on-chain data shows
JP Morgan Warns of Falling BTC Price With Bitcoin ETF Approval in US
12.1.2021
JP Morgan’s analysts say that the U.S. Securities and Exchange Commission (SEC) approving a bitcoin exchange-traded fund (ETF) is likely negative for bitcoin in the near term. There is optimism around the prospect of the SEC approving a bitcoin ETF under new leadership, the analysts say....
Bitcoin Realized Cap Soars, Analysts Divided on Near-Term Outlook
24.9.2020
With bitcoin (BTC) still trading lower both on a weekly and daily basis, a new high in a key price metric shows that investors in recent years have continued to accumulate coins at ever-higher prices. However, opinions still seem to be divided on what the near-term outlook for the bitcoin price...
Bitcoin will hit new high ‘in near term’ as Buffett exits USD — Keiser
31.8.2020
The Sage of Omaha is getting out of the world’s reserve currency, Max Keiser claims, and that’s a prelude to Bitcoin hitting a new record
BTC Holds Strong Possibility of a Bullish Breakout in the Near-term
27.1.2020
Bitcoin, at the time of writing this analysis, was trading at $8,647.05 on Bitstamp, seems to be preparing for another consistent higher high trend BTC/USD retains imminent support from the daily moving and hourly moving averages as it hits above $8,500 after testing supports around $8,200...
This Bitcoin Price Cycle to Be Longer, Expect Moderate Gains Near-Term
22.1.2020
Bitcoin (BTC) may have already entered the fourth bullish price cycle in its history, with each cycle longer than the previous one. If true, only moderate price gains should be expected in the near-term, as the strongest gains are typically seen towards the end of the cycle, a new report from...
Will Ripple (XRP) Manage to Stay Away from Bearish Pressure in the Near-term?
24.12.2019
Ripple has great potential, and it had a great start to the year until the bears overtook the stronger position in the crypto market since July. The price of XRP coin started on a high note of $0.1960 on December 17. With the bears showing a stronger hold over the coin, Ripple price fell...
Will Litecoin (LTC) Strike an Uptrend in the Near-term?
24.12.2019
Litecoin price has been trying to withhold the bear pressure ever since the volatility crept into the crypto market since July. Even now, over the past seven days, LTC has been trying to maintain its price momentum in the upward range and has even succeeded to a certain extent with the price...
Bitcoin and Altcoins Recovery Still Might Fail In Near Term
13.12.2019
This week, we saw a downside extension in bitcoin price below the USD 7,400 and USD 7,350 support levels. BTC/USD even traded below the USD 7,200 support before it found support near USD 7,150. The price is currently (09:00 UTC) recovering, but there are many hurdles near USD 7,250, USD 7,350...
RBC Says It Has No 'Near-term Plans' to Launch Crypto Exchange
19.11.2019
Source: iStock/t_kimura
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, has responded to reports that claimed it is on the verge of launching a Bitcoin and altcoin trading platform – saying it has no “near-term plans to launch a cryptocurrency exchange...