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Showing posts with the label analyst

Bitcoin SOPR Signals More Gains Ahead Despite New ATH – Analyst

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Analyst sets date when Bitcoin could crash to $80,000

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A trading analyst has warned that Bitcoin (BTC) could lose its $100,000 support and face deeper losses in the coming months if the bearish sentiment continues. In particular, Master Ananda’s Analysis indicated that a decisive break below $100,000 could open the door to a drop toward the $88,888 and $82,500 range, he explained in a TradingView post on June 22. According to the Analysis , Fibonacci retracement levels on the daily chart suggest that if Bitcoin falls through $100,000, it could quickly slide to around $88,000 at the 0.618 level, and potentially to $80,000 at the 0.786 level, areas where demand has appeared before. Bitcoin price analysis. Source: TradingView The analyst noted that a rapid selloff could follow without buyer support at these levels. Interestingly, this bearish setup depends on whether Bitcoin can hold above $100,000, which it has managed so far. If it does, a strong rebound is still the most likely outcome. The outlook also s...

A 19x Rally for This Ethereum-Based Altcoin Against Bitcoin by End of Cycle Is ‘Only Logical,’ Says Analyst

A widely followed analyst and trader is leaning bullish on a decentralized finance (DeFi) project built in the Ethereum (ETH) ecosystem. The analyst, pseudonymously known as Credible Crypto, tells his 467,000 subscribers on the social media platform X that it is “only logical” for the native token of the DeFi altcoin Curve DAO (CRV) to hit a new all-time high against Bitcoin (BTC) before the end of the cycle. According to the pseudonymous analyst and trader, CRV could surge by around 1,840% from the current level to reach a price of 0.00015 BTC. CRV is trading at 0.00000773 BTC ($0.739) at time of writing. Credible Crypto says his bullish thesis for the Ethereum-based DeFi project focused on the trading of stablecoins is primarily informed by the improvement in the fundamentals since CRV last hit an all-time high against Bitcoin in 2021. “Well, aside from the technicals (which look fantastic), since the last all-time high on CRV/BTC: – Yearly inflat...

Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

XRP flashes major sell signals, according to analyst

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On March 7, prominent crypto analyst Ali Martinez took to X to share a bearish outlook for XRP, pointing to multiple sell signals flashing on the two-week chart via the TD Sequential indicator.  With XRP trading at $2.53 at the time of his post at 10:08 AM UTC, down from $2.60 on March 6 at 16:37 UTC, when the chart was captured, this 2.7% dip has sparked interest. The TD Sequential indicator is flashing multiple sell signals on the $XRP two-week chart, suggesting a potential shift in momentum! pic.twitter.com/SiyV454FIY — Ali (@ali_charts) March 7, 2025 The TD Sequential, a technical tool developed by Tom DeMark, is designed to spot trend exhaustion and reversals. Operating on a two-week timeframe, it’s a slow-moving signal that often marks significant turning points after prolonged moves.  Picks for you Here are the cry...

Crypto Analyst Says 1,400%+ Price Surge for One Ethereum Rival Not As ‘Crazy as It Sounds’

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A widely followed analyst and trader says that an exponential rally for one of Ethereum’s (ETH) biggest rivals could be around the corner. The analyst pseudonymously known as Kaleo tells his 651,800 followers on the social media platform X that the price action of Avalanche (AVAX) over its first four years mirrors Ethereum’s during the same timeframe. “If similar price action continues to play out, an upside target of $400 AVAX isn’t as crazy as it sounds.” Source: Kaleo/X Source: Kaleo/X Avalanche, which is trading at $26.19 at time of writing, would have to go up by 1,427% from the current level to reach $400. However, Kaleo says that Avalanche and Ethereum have some differences despite their price action mirroring each other’s at similar periods of their lifetime. “ETH didn’t have a similar level of competition for capital from other layer-one ecosystems as AVAX has currently. Conversely, there’s more capital in the...

Crypto Whales and Institutions Possibly Positioning for Bullish Dogecoin (DOGE) Move, According to Analyst

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A popular on-chain strategist says the top meme token Dogecoin (DOGE) is seeing an abrupt increase in network activity. Analyst Ali Martinez tells his 73,400 followers on the social media platform X that institutional investors may be behind the sudden rise in large Dogecoin transactions. “The number of large Dogecoin transactions on the network continues rising, which suggests institutional players and DOGE whales are positioning themselves for a potential upside move.”  Source: Ali Martinez/X Last week, Martinez noted that crypto whales accumulated over $100 million worth of DOGE in just one day. “Dogecoin whales bought over 1 billion DOGE in [24 hours], totaling roughly $108.7 million!” Source: Ali Martinez/X With Dogecoin flashing signs of life, Martinez now says DOGE may be on the cusp of repeating the massive rallies it witnessed during the 2017 and 2020 cycles. “History often repeats itself, and Dogecoin might be doing j...

Analyst That Nailed 2022 Crypto Collapse Unveils Bullish Path Ahead for Bitcoin and Altcoins

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An analyst who became popular after accurately calling the 2022 crypto meltdown believes Bitcoin (BTC) and altcoins are gearing up for bullish continuation. Pseudonymous analyst Capo tells his 102,828 subscribers on the instant messaging platform Telegram that a small pullback is in sight for BTC. According to Capo, the minor retracement would set the stage for BTC to rally above $70,000. “Major resistance level also for Bitcoin. A pullback to the $64,000-$65,000 level would be healthy before bullish continuation.”  Source: Capo/Telegram At time of writing, Bitcoin is trading for $64,370, down over 2% in the past 24 hours. Looking at the altcoin market, Capo says he’s closely following the OTHERS chart, which tracks the market cap of all crypto excluding the top 10 digital assets and stablecoins. The trader sees OTHERS pulling back to $220 billion before taking out its immediate resistance at $240 billion. “After giving the first bulli...

Apple iPhone 16: Analyst Reveals if This Is the Best Phone To Buy

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Apple unveiled the iPhone 16 on Monday, a larger-than-life launch event with global tech enthusiasts glued in. The phone comes in bigger-than-life variants with 6.3- to 6.9-inch displays. The base iPhone 16, Pro, and Pro Max have larger displays than their predecessors. However, Creative Strategies CEO Ben Bajarin gave a breakdown of the specifications and revealed whether you should buy the iPhone 16. Also Read: It’s Official, Oil Prices Have Turned Bearish JUST IN: Apple unveils iPhone 16 Pro Max. pic.twitter.com/uJl3m0OHN1 — Watcher.Guru (@WatcherGuru) September 9, 2024 Apple iPhone 16: Is This A Best Buy? Source: Apple Inc Bajarin revealed that the Apple iPhone 16 is the best base phone yet, as the upgrade is better than its predecessors. The new AI feature, ‘Apple Intelligence,’ makes Siri more robust and introduces the latest A18 bionic chip. The phone comes in various colours. Also Read: Will Trump vs Harris Debate Affect Bitcoin’s September Price Pace? The upd...

BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says

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Following the Blackrock application, a Bitcoin spot ETF was never so close to being approved and it could be a game changer for the crypto industry, explains ETF analyst Eric Balchunas. $30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas.  That is the estimated amount of assets controlled by financial advisors in the U.S., who would be willing to get exposure to Bitcoin through a regulated exchange-traded fund.   "ETF is the format in which the boomers and the financial advisors prefer their investments delivered in”, Balchunas explained in an exclusive Cointelegraph interview.  Blackrock's application for a Bitcoin spot ETF last month sparked a new wave of optimism around the crypto market which led other major firms such as ARK Investment, Valkyrie, and Fidelity to file their own applications for a Bitcoin ETF.  The ...