Bitcoin rally could be a mirage, writes our Analyst – a Deep Dive
Key Takeaways Bitcoin is up nearly 50% thus far this year, but there have been no positive catalysts from within the industry Rally is nothing but macro-driven, writes our Analyst, with Nasdaq up 16% and Bitcoin continuing to trade like a levered bet on the index There are many headwinds still present, the latest being […]
Analyst shares NOIA price outlook after 168% gain
NOIA is the native token of Syntropy, a distributed routing protocol for the Internet. The token’s price surged 168% from its December lows and one analyst says bulls are likely to aim for more. Sentiment is bullish for Syntropy ahead of its public network launch. Cryptocurrencies are looking to end January on a winning note, […]
Analyst charts Bitcoin’s potential rally to $25K by March
Bitcoin price broke above $21,440 on major cryptocurrency exchanges for the first time since the FTX implosion. Much of the buying pressure was retail driven as crypto mirrored stock markets’ Friday surge. Veteran trader and markets analyst Peter Brandt has shared his prediction for Bitcoin price in 2023. Cryptocurrencies roared into the weekend as Bitcoin […]
Bitcoin steadies below $17K, but this analyst recommends a key indicator for a reversal
Bitcoin was steady below $17,000 on Tuesday A crypto analyst suggests a crossing of price above the 200-day as a bull signal Bitcoin still lacks a directional movement, and further decline is possible Bitcoin (BTC/USD) traded slightly below $17,000 on Tuesday, initially losing an opportunity to claim $19,000. A technical outlook shows that BTC has […]
This analyst relies on on-chain metrics to support a Bitcoin price (BTC/USD) rally
Bitcoin rose to $17,000 on Monday. InvestAnswers thinks BTC is about to become bullish based on realised value. The token faces resistance at $19,000 and 50-day MA. Bitcoin price (BTC/USD) was up marginally on Monday as most cryptocurrencies made slight recoveries. BTC was back to $17,000 even as data by crypto derivatives exchange Deribit showed […]
What crypto analyst Benjamin Cowen thinks of Bitcoin (BTC/USD) before a reversal occurs
Bitcoin could undergo another Capitulation event around Christmas – Cowen The cryptocurrency is consolidating but lacks an upside momentum BTC price could break into upside or downside When will Bitcoin price (BTC/USD) bottom-up after slipping below the crucial $19,000 level? Crypto analyst Benjamin Cowen believes Bitcoin has to undergo one capitulation event before a price reversal. […]