Analyst

Crypto Analyst: Bitcoin Bull Rally is Over if Trendline Breaks

Bitcoin has been on a bull run since the start of 2019, after bottoming in December 2019. Momentum picked up with a $1,000 candle in April and the crypto asset was off to the races ever since. But now the race appears to be coming to an end, and Bitcoin could cross the finish line […]

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Bitcoin Could Get Stuck in $8k-20k Range Endlessly: Bloomberg Analyst

Bitcoin could get remain stuck in a price range defined by $8,000 as support and $20,000 as resistance, believes Mike McGlone of Bloomberg Intelligence. The senior commodity strategist on Tuesday said bitcoin price is in an “extended hibernation” state because more people are storing the cryptocurrency like gold instead of trading it on the spot […]

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Bitcoin Bias Flipping to Extremely Bearish: Analyst

Trading signals for Bitcoin are turning ‘extremely bearish’ as the cryptocurrency’s wild upside of HY2019 comes close to its exhaustion. According to market analyst Chonis Trading, the moving average convergence divergence (MACD) oscillator on bitcoin’s weekly charts is looking to flip to indicate its bearish bias. The indicator is one of the most popular ones […]

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Ethereum in Its First Big Bear Market Like Bitcoin in 2015, Analyst Says

Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether is enduring its first mainstream bear market, just as Bitcoin did back in 2014-15. Cryptocurrency investor and Placeholder partner Chris Burniske has argued that Ether (ETH) is enduring its first mainstream bear market, just as Bitcoin (BTC) did back in 2014-15. In a tweet […]

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Analyst Advises Ignoring Short Time Frames as Bitcoin is Going to $100k

Since its epic surge off the floor in early April, bitcoin has reached a level where it appears to be comfortable consolidating. This could continue for quite some time as one prominent analyst suggests. It might be time to ignore these choppy markets and focus on the bigger picture. Bitcoin In Slow Decline Bitcoin is […]

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When It Comes to ROI, Altcoins Are No Match For Bitcoin: Analyst

Bitcoin appears to be back on the rise but will altcoins follow? Alex Krüger thinks not. Bitcoin is King Earlier this week, economist and crypto analyst Alex Krüger tweeted that in his opinion, the majority of altcoins have “become asymmetric bets with an unattractive return profile.” Outside of February – April’s impressive altcoin rally (Alt […]

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Bitcoin Bull Run ‘Hasn’t Started,’ Says Analyst After New Peter Schiff Remarks

Bitcoin proponents discarded fresh criticism from gold bug Peter Schiff this week after he suggested the cryptocurrency was losing popularity despite its price rise. Schiff: Bitcoin Volume ‘Much Lower’ Than 2017 As a Twitter discussion which began July 29 revealed, Schiff, who is well known as a cryptocurrency skeptic, claimed Bitcoin’s 2019 bull run produced […]

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Bitcoin Will Drop To $4000 In ‘Wildcard Move’ Before Rally: Analyst

Popular YouTube securities and crypto analyst, Alessio Rastani has predicted that Bitcoin will drop far below the 21-day EMA before rallying to a new all-time high in 2020. Bulls could be Walking into a Massive Trap Alessio Rastani, a popular securities trader and crypto analyst, believes that confirmation bias is misleading crypto-investors to the extent […]

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Crypto Market Cap Down 35% from Highs, Analyst Predicts Further Doom for Bitcoin and Alts

Bitcoin broke above $10,000 almost a month back on 21st June 2019. The bullish action was predictably strong as BTC continued to gain new highs yearly highs past $13,800. Moreover, the bulls have been in action since April which resulted in a parabolic rise of about 230% from $4200. The price of Bitcoin at 5: […]

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Kidnapped Cryptocurrency Analyst Pavel Lerner Grants Interview for the First Time Since Abduction

On December 26th 2017, unknown men wearing balaclavas forced the lead analyst for cryptocurrency exchange EXMO into a car and let him go only three days later having received a big ransom. The news made it to the headlines of cryptomedia around the world. After freeing and cooperating with the police, Mr. Lerner left Ukraine […]

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Bitcoin Correction to $9,500 Could Be Followed by 20% Drop: Analyst

Bitcoin (BTC) has been absolutely slammed over the past week. Since passing above $13,000 for the second time this year last Wednesday, the crypto has been on a clearly downward-sloping trend. Related Reading: Bitcoin Blasts Below $10K, Following Senate Hearing on Facebook Crypto In fact, as of the time of writing this article, Bitcoin has […]

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Bitcoin’s Correlation to Traditional Markets Could be Problematic, Analyst

Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin Correlation in Japan’s Markets Timothy Peterson, the author of Metcalfe’s Law as a Model for Bitcoin’s Value, recently tweeted a chart comparing the MSCI Japan in USD to Bitcoin in JPY from […]

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Analyst: Bitcoin Could Hit $9,000 Should Bearish Breakdown Occur; Here’s Why

Bitcoin and the entire cryptocurrency markets have been caught in the throes of volatility as of late, which has resulted in the formation of a period of consolidation for BTC. This period of consolidation has left many traders scratching their head as to where it is heading next, but analysts are now noting that the […]

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Crypto Analyst: Bitcoin (BTC) Dominance May Reach 80%, Altcoins Expected to Bleed

The crypto market is at what may be its most important moment yet. Bitcoin is at weekly resistance  – and its the only thing separating Bitcoin price from reclaiming the previous all-time high of $20,000. Meanwhile, the rally has caused Bitcoin dominance to spike, and if it continues to rise in such a fashion, according […]

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Analyst: Little is Stopping Bitcoin from Setting 2019 Highs; Here’s Where its Next Resistance Lies

Bitcoin (BTC) has been in a firm uptrend for the past several months and has only recently found itself caught in a period of consolidation after it failed to break above its recently established 2019 high at $13,800. BTC’s upwards momentum has allowed it to incur strengthening technical formations, and analysts are now confident that […]

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Analyst: Bitcoin May Consolidate for Several Months, But Six-Figure Price Surge is Still Imminent

Bitcoin and the entire crypto markets are experiencing a green Monday, with most major assets trading up a few percent. Today’s price surge has allowed BTC to establish the lower $11,000 region as a level of support and may have contributed to growing technical strength. Despite this, one prominent analyst is now explaining that he […]

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Analyst: If Bitcoin Violates Current Parabola, BTC Could Plummet 80%; Here’s Why

Bitcoin (BTC) has been caught in what can be accurately defined as a period of consolidation as of late and has been hovering around the lower-$11,000 region for the past several days, make fairly restrained price movements within a relatively tight trading range. Now, one highly respected analyst is claiming that Bitcoin could either face […]

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Analyst: Tether Print Hints Strong Bitcoin (BTC) Recovery Back After $4,000 Fall

That’s right ladies and gentlemen, Bitcoin (BTC) has fallen to $9,800. This marks a 30% decline from the asset’s year-to-date high of $13,800 — a key technical resistance and support on Bitcoin’s long-term chart. Related Reading: Edward Snowden on Crypto and Privacy: Bitcoin is Freedom Because It’s Permissionless As analyst Teddy Cleps points out, this […]

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Popular Analyst Sees Bitcoin Mirroring the 2012 Bull Run

Many traders were caught off guard by bitcoin’s recent ascent past $13,000. Suddenly, however, BTC sharply fell by about 20% after reaching a high of almost $14,000. Many in the Crypto Twitter community were expecting a long consolidation period after BTC dropped by almost 85 percent from all-time highs of $20,000. That’s why some of […]

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Bitcoin Dominance Expected to Grow to 70%, Crypto Analyst Warns of Deceiving ALT/USD Charts

For much of the year, crypto analysts have been clamoring for an alt season that promises unheard of returns across the entire space. Talk of 10x returns during the hunt for the next Bitcoin and becoming rich overnight fill social media feeds. However, Bitcoin dominance has only grown since it broke out of the deepest […]

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Analyst: Institutions Are Behind Bitcoin’s Recent Bullishness; Will Individuals Enter Next?

Bitcoin and the aggregated crypto markets have been in a firm uptrend for the past several months and BTC has put a significant amount of distance between its current prices and its year-to-date lows of well below $4,000. Analysts now agree that Bitcoin’s recent bullishness has not been driven by individual investors and has rather […]

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$10,000 Bitcoin Price Imminent in ‘the Days of Bitcoin Bug’: Analyst

By CCN Markets: On CNBC’s Fast Money, Cornerstone Macro’s Carter Worth stated that based on technicals, the trend of bitcoin is seemingly positive and is aiming for 2018 levels. Year-to-date, the bitcoin price has risen by 146 percent against the U.S. dollar from around $4,000 to $9,150 following a strong start to the second quarter […]

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Analyst Says Facebook’s Crypto Can See Bigger Adoption Than Bitcoin

By CCN Markets: On June 18, Facebook and the Libra Association formally announced their plans to release Libra, a crypto asset backed by the Libra Reserve to maintain a stable value. By 2020, Facebook has said it plans to integrate Calibra, a crypto wallet designed to support Libra, into WhatsApp and Messenger, introducing the asset […]

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