Analyst

Ethereum (ETH) Set To Become The First Crypto To Surpass $1 Trillion Dollar Market Cap, Analyst Says

Decentralized Finance (DeFi) products soared to All-Time Highs (ATH), surpassing the $800 million mark in total value locked (TVL) in USD. While the price of Ethereum (ETH), the platform hosting these DeFi apps, has performed rather poorly over the past two years, the growth in DeFi products has grown to obscure heights. Can ETH be […]

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Bitcoin Price Downturn has Leading Analyst Call it Quits for Bulls Below $7650-$7800

Bitcoin [BTC] drops below the support from the descending channel as leading derivative’s trader Tone Vays calls it quits for the bulls. In his recent trading Bitcoin update, he mentions that the current pump, though impressive, could be another dead-cat bounce. BTC/USD 4-Hour Chart on Bitstamp (TradingView) Nevertheless, it doesn’t necessarily open short signals as […]

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Analyst Predicts Bitcoin at $5,000 in Q1/2020; Here’s Why It is Compelling

While a strong bull action took the bitcoin rate up by 22 percent this week, there is still a strong likelihood of the cryptocurrency shedding all its gains. Pre-Halving Bitcoin Crashes The sentiments come in the form of a compelling historical pattern brought to notice by Jacob Canfield. TradingView’s top crypto analyst said bitcoin could […]

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Bitcoin to Surge 150% In 6 Months? Why Analyst Thinks It’s Possible

Bitcoin (BTC) has had a great start to 2020, rallying 16 percent higher from the $6,800 lows put in last week. Although some say it is too early to tell if the cryptocurrency market is out of a bear phase, a prominent analyst who called this latest move is convinced BTC has further to surge. […]

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Why a Technical Analyst Believes Bitcoin Cash (BCH) Will Surge by 80%

Those who held Bitcoin Cash (BCH) during its meltdown in the latter half of 2019, there may still be time to generate enormous gains. Famous crypto analyst DonAlt on Friday discussed the bullish prospects of the fifth-largest blockchain project by market capitalization. The trader said he expects the BCH-to-dollar exchange rate to hit $380 in […]

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Eerily Accurate Analyst Expects Bitcoin to Hit $25,000; Here’s Why

After Bitcoin briefly breached $20,000 in December of 2017, the cryptocurrency began a precipitous decline, with its price plummeting from the heights of five digits to $3,150 within 12 months’ time, representing an 80% decline. Related Reading: Capitulation In Crypto Market Hasn’t Occurred Yet, Data Shows Since the decline began, crypto investors across the board […]

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“Bitcoin [BTC] Will Break Its All-Time High (ATH) At The End Of 2020”, Analyst Says

Bitcoin’s price predictions for 2020 are coming in fast from various analysts as the year comes to a close. The top cryptocurrency has witnessed a rocky 2019 – starting off at $3,500 USD, rising to a yearly high of $14,000 USD before retracing over 40% to current levels. Alistair Milne, CIO at Altana Digital Currency […]

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Bitcoin could fall below $6K in the Q1 of 2020, according to this analyst

While 2020 is just around the corner, everyone from the cryptocurrency industry has been speculating Bitcoin’s price movement for the next year. Former Wall Street trader and a prominent influencer in The post Bitcoin could fall below $6K in the Q1 of 2020, according to this analyst appeared first on AMBCrypto.

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“Bitcoin [BTC] Dipping To $5,500 USD Highly Unlikely”, Crypto Analyst Says

Cryptocurrency analyst and trader, Scott Melker, believes Bitcoin (BTC) price will stay well above the $5,500 USD region. He added the price will offer Bitcoin traders a wonderful opportunity to buy the pioneer crypto.  Will Bitcoin drop that far? “I would love to buy $5500 bitcoin” Scott Melker, a crypto trader and consultant, believes a […]

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Analyst Calls Sunday’s Jump, Expects Bitcoin to Hit $20,000 by March; Here’s Why

Some four days ago, a Bitcoin analyst going by “Velvet” posted the chart below. In it is depicted BTC’s price action for the past 18 months, a Fibonacci Retracement of the $3,150 to $13,800 move, two trendlines, a moving average, and a vertical date marker for December the 22nd. $BTC #BTC #BTCUSD Presented with no […]

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Why Bitcoin Price Is On Its Way to $7,900 From Here: Analyst

Over the past few hours, Bitcoin (BTC) has finally started to show signs of life. After trading in a literal $100 range for over 24 hours, the cryptocurrency broke higher just recently, with bulls stepping in as the week comes to a close. As of the time of writing this, the top cryptocurrency is trading […]

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Analyst That Called Bitcoin’s Crash to $6,000s Expects Price to Rebound

In June, when Bitcoin was soaring above $10,000, nearly every trader and their mother expected the cryptocurrency to continue rocketing higher. Though, one analyst incessantly called for rationality to return to the crypto markets, claiming that this surge above $10,000 was a clear overextension of BTC’s long-term growth curve. He went as far as to say that […]

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Contrary to Popular Belief, Bitcoin is in Full Bear Market, Says Analyst

People who believe bitcoin is currently in a bull market just because it avoided a drop below $6,400 are wrong, according to Alex Krüger. The prominent market analyst made bold comments about halving, an event that would reduce the bitcoin mining reward from 12.5 BTC to 6.25 BTC effectively from May 2020. Krüger refuted popular […]

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Wyckoff Schematic Suggests Bitcoin Bottom Not In at $6,600: Analyst

Is the bottom in? Since Bitcoin (BTC) fell precipitously to $6,600 late last month, analysts have been asking if the leading cryptocurrency has finally found a price bottom after a multi-month downturn. Related Reading: Eat My Shorts: Everything You Need To Know About The Bitcoin Bart Pattern Analysts have understandably divided over the question, as the […]

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Current Bitcoin Price Trajectory Similar to May 2018, Prior to $3,000 Drop: Analyst

Since Bitcoin topped in June, mainstream haters of cryptocurrencies and related technologies, such as Peter Schiff and Nouriel Roubini, have asserted that BTC is in an “echo bubble.” While many have laughed off this sentiment as pure delusion, the charts may be telling a different story. Related Reading: Bitcoin CME Futures Gaps Are Filled With 95% […]

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15% Jump to $8,500 on the Table for Bitcoin Price; Analyst Explains Why

Since Bitcoin (BTC) tapped $6,500 in late-November, analysts have been wondering if the bottom is really in. You see, the leading cryptocurrency bounced by 20% from $6,500, hitting $7,850 just a week after that. Now, the crypto is trading for $7,400 a pop, seemingly trying to establish a market trend for the coming week. While […]

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Prominent Analyst: Bitcoin Likely on Cusp of Making a Major Price Movement

Following the immense volatility that Bitcoin (BTC) experienced earlier this week, the cryptocurrency has once again found itself caught within a period of consolidation as it trades sideways within the upper-$7,300 region. This sideways trading, however, may soon draw to a close, as one highly respected analyst is now noting that Bitcoin is bound to […]

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Analyst Who Perfectly Called Bitcoin Price Sees Bright Future Ahead

Cane Island Analyst Timothy Peterson maybe one of the only analysts to have accurately predicted the end of year bitcoin price . His analysis back in March this year, stated that the leading cryptoasset would price in at $7,800 by the end of December. If bitcoin continues to track as Peterson’s predicts,  BTC should close […]

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Analyst: Ethereum Poised for Further Downside as Support Begins Evaporating

Ethereum’s price action has been strikingly similar to Bitcoin’s over the past several days and weeks, with ETH’s correlation to BTC growing stronger as the volatility seen within the aggregated crypto market ramps up. Analysts are noting that Ethereum may be positioned for further downside in the near-term, which could be driven by the lack […]

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Despite 15% Bounce, Bitcoin Price Still Bearish on Weekly: Analyst

After hitting $6,600, Bitcoin (BTC) saw a strong price bounce, returning to $7,800 just yesterday. Though, analysts have asserted that the cryptocurrency market remains in a weak state, despite the nearly 20% recovery that has been seen over the past week. Related Reading: Dr. Doom: Ethereum Still a Long Way From $0, Its True “Fundamental Value” […]

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Bitcoin is a Clear Long After Forming Textbook Bottom, Claims Analyst

It is looking increasingly likely that Bitcoin’s recent dip to lows of $6,500 will mark a long-term bottom for the cryptocurrency, as its bulls have been able to propel its price higher and sustain their momentum, with BTC now targeting a movement to $8,000. Analysts are now noting that Bitcoin is clearly shifting its recent […]

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Analyst Who Called Bitcoin Price Plunge Cools Sub-$5000 Fears

Bitcoin price could retrace back to the $6,000 region but is unlikely to drop to the $5,000s, according to a prominent cryptocurrency trader. The post Analyst Who Called Bitcoin Price Plunge Cools Sub-$5000 Fears appeared first on CCN.com

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Ethereum’s Multi-Year Correction May Soon Draw to a Close, Claims Analyst

Ethereum has been closely mirroring Bitcoin’s price action over the past several days and weeks, which led ETH to plummet in a capitulatory fashion yesterday evening before posting a strong bounce overnight that allowed it to reclaim its position within the $140 region. One analyst is now noting that Ethereum’s multi-year bear trend may soon […]

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