Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action
Bitcoin surges above $46,000. Bitcoin (BTC) is surging ahead of the much anticipated Bitcoin halving event. Rebel Satoshi gains investor confidence as it nears delivering a 150% presale ROI. The crypto market has witnessed notable outflows over the past week as bears loom. As a result, top crypto coins are trading in the red. However, […]
Bernstein analyst Gautam Chhugani picks a side
Bernstein analyst says Bitcoin is more attractive than gold. Gautam Chhugani explained why in a research note today. Bitcoin is currently down about 10% versus its YTD high. Gold has a history of doing well in a recession – but this time Bitcoin is an even better investment, as per a Bernstein analyst. Bitcoin has […]
JPMorgan analyst says weakness in Bitcoin is ‘at its end phase’
Nikolaos Panigirtzoglou is convinced that worst is behind us in Bitcoin. He agreed that there recently have been positive news in crypto market. Price of a Bitcoin has declined nearly 17% in less than two months. A JPMorgan analyst is convinced that the worst is behind us as far as the ongoing decline in the […]
Bitcoin-focused MicroStrategy stock has 22% upside – analyst says
TD Cowen analyst sees upside in MicroStrategy to $520. Lance Vitanza explained his bullish view in a research note. MicroStrategy stock has already tripled since the start of 2023. MicroStrategy Inc has already tripled since the start of this year but a TD Cowen analyst continues to see further upside in this stock. MicroStrategy stock […]
Bitcoin may be near its next leg up – analyst says
Canaccord Genuity analyst sees upside in Bitcoin to over $38,000. Javed Mirza explained his bullish view in a research note today. Bitcoin is already up about 80% versus the start of the year. It’s a suitable time for long-term investors to build their positions in Bitcoin as the chart suggests it may be about to […]
Bitcoin signals potential breakdown, top analyst says
Bitcoin (BTC) is positioned for further downside as a new Weekly Close below the 200-week moving average signals. BTC rejecting from above $26k would welcome bears to the party as double-confirmation of the breakdown. According to crypto analyst Rekt Capital, the 200-week MA is a robust resistance zone. As Bitcoin bulls face rejection from above […]
JPMorgan analyst sees a ‘conditional’ upside to $45,000 in Bitcoin
Nikolaos Panigirtzoglou says BTC should be trading at $45,000. His forecast is based on gold that’s currently near the $2,000 level. Despite recent weakness, Bitcoin is up more than 60% year-to-date. Nikolaos Panigirtzoglou – a JPMorgan analyst remains bullish on Bitcoin even though it has taken a hit in recent weeks. A gold-based forecast for […]
Bitcoin metric signals volatile $40k-$22k move, analyst says
Bitcoin could see a volatile phase within the $40k and $22k price range, James Check, lead on-chain analyst at Glassnode says. BTC’s sell-side risk ratio is approaching an all-time low, with traders on both sides showing exhaustion after recent price action. The flagship crypto traded at $26,400 on Wednesday, about 3% down in the past […]
ETH crosses $2,000 as analyst points to smaller altcoins
ETH price rose to highs of $2,009 on Binance. Ethereum’s Shanghai/Shapella upgrade went live successfully on Wednesday,12 April, 2023. Crypto analyst Rekt Capital says Ether’s price movement is a “leading indicator” for altcoins and that coming weeks could be interesting. Ethereum price rallied past the $2,000 level on Thursday, rising to highs of $2,009 on […]
Analyst says CPI could be big market mover
Bitcoin price hovers above $28k with a ranged trading over the past month. Analyst Michael van de Poppe says the US consumer price index report out this week could be a big market mover. Bitcoin’s volume weighted average price (VWAP) is a metric to also watch. Bitcoin price continued its ranged trading this past weekend, […]