bitcoin analyst

Analyst Predicts Bitcoin Will Top Out By 2025, But At What Price Target?

Posted on August 28, 2024 by ante — No Comments ↓

Bitcoin market performance and historical patterns continue to interest analysts and investors, with many of them using this to gauge what and how the asset is likely to move in the future. According to Mags, a well-known crypto analyst, Bitcoin may follow a familiar pattern observed in previous cycles, where the cryptocurrency reaches its peak… Continue reading Analyst Predicts Bitcoin Will Top Out By 2025, But At What Price Target?→

Will Bitcoin Have A ‘Red Monday, Green Week’? Analyst Sets $63,500 Target

Posted on June 25, 2024 by ante — No Comments ↓

Bitcoin (BTC) faced a sharp price drop as the last week of Q2 began. The dramatic decline saw the flagship cryptocurrency momentarily lose its support above the $60,000 level on Monday. The drop left many investors wondering whether the bullish rally is over. However, crypto analysts remain optimistic about BTC’s performance and consider the drag… Continue reading Will Bitcoin Have A ‘Red Monday, Green Week’? Analyst Sets $63,500 Target→

Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why

Posted on June 11, 2024 by ante — No Comments ↓

Bitcoin has recently been spotlighted due to an intriguing buy signal identified on its hourly chart. This indication emerges amidst a notable fluctuation in Bitcoin’s price, setting the stage for potential short-term gains. Renowned crypto analyst Ali has highlighted a significant development on the hourly chart of Bitcoin, specifically noting a ‘buy signal’ detected by… Continue reading Is Now The Time To Buy Bitcoin? Latest Chart Analysis Says Yes – Here’s Why→

How High Can Bitcoin Go Before A Top? Analyst Chimes In

Posted on May 29, 2024 by ante — No Comments ↓

An analyst has explained how the Bitcoin rally could still have room to run before hitting a top based on the data of this indicator. Bitcoin Macro Oscillator Isn’t At Historical Top Zone Yet In a new post on X, analyst Willy Woo has discussed the recent trend developing in the Bitcoin Macro Oscillator (BMO).… Continue reading How High Can Bitcoin Go Before A Top? Analyst Chimes In→

Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals

Posted on May 20, 2024 by ante — No Comments ↓

An analyst has explained how profit-taking looks to have finished for Bitcoin in what has been a “very healthy reset” for the market. Bitcoin SOPR Suggests Profit-Taking From Investors Has Cooled Off In a new Spent Output Profit Ratio (SOPR). The SOPR is an on-chain indicator that basically tells us about whether the Bitcoin investors… Continue reading Bitcoin “Profit-Taking Has Completed,” Top Analyst Reveals→

Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst

Posted on May 17, 2024 by ante — No Comments ↓

An analyst has explained how the data of an oscillator for Bitcoin could suggest the cryptocurrency still has plenty of room to run in this rally. Bitcoin VWAP Oscillator Could Imply Potential For Further Upside In a new post on X, analyst Willy Woo discussed what the latest trend in the Volume-Weighted Average Price (VWAP)… Continue reading Bitcoin Still Has “A Lot Of Room To Run Before Reversal,” Says Top Analyst→

Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week

Posted on May 15, 2024 by ante — No Comments ↓

price level may not be bad for Bitcoin and could instead be necessary for it to finally make that price rally. $57,938 Is The Price Level To Keep An Eye On CryptoCon mentioned in an X (formerly Twitter) post that $57,938 is the “new price to watch for the 20-week EMA (Exponential Moving Average).” He… Continue reading Bitcoin Analyst Reveals Why $57,938 Is The Level To Watch This Week→

Are We Out Of The Woods? Analyst Bullish On Bitcoin’s 6-Figure Future

Posted on May 14, 2024 by ante — No Comments ↓

Bitcoin (BTC) began the month with the deepest retrace of the cycle, falling to the $56,000 support level. The retrace raised alarms for some crypto investors and market watchers, who feared the bull run had ended. Since then, the largest cryptocurrency by market capitalization has recovered crucial levels, and analysts have identified bullish patterns on… Continue reading Are We Out Of The Woods? Analyst Bullish On Bitcoin’s 6-Figure Future→

Bitcoin To Reach Escape Velocity? Analyst Makes The Case

Posted on May 7, 2024 by ante — No Comments ↓

An analyst has explained how Bitcoin seems to be showing a good setup to reach escape velocity based on the trend in this indicator. Bitcoin VWAP Oscillator Has Been Showing A Bullish Divergence As explained by analyst Willy Woo in a new post on X, a bullish divergence has appeared to be forming in the… Continue reading Bitcoin To Reach Escape Velocity? Analyst Makes The Case→

Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back

Posted on May 1, 2024 by ante — No Comments ↓

As May 1st started, Bitcoin (BTC) faced a new correction that made the price stumble under the $60,000 support level. The flagship cryptocurrency has seen several retraces during this bull cycle, with BTC swiftly recovering the crucial support zones each time. However, in the past 24 hours, the largest cryptocurrency by market capitalization has struggled… Continue reading Is This Cycle’s Bitcoin Bottom In? Analysts Forecast BTC Bounce Back→