Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form

Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support, bottoming up after the contraction this week, pushing it lower from the multi-week range established in… Continue reading Bitcoin Bottom In? Retracement From $73,800 Is Deeper And Took Longer To Form

Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000

Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As of writing the price of Bitcoin is trading above $59,000, according to CoinMarketCap. The cryptocurrency has been Bitcoin halving on April 20,… Continue reading Standard Chartered Bank Analysts Sound Warning Alarm: Bitcoin Price Can Still Drop To $50,000

Bitcoin’s Make-Or-Break Moment: Trading Guru Predicts Rally Amid Market Uncertainty

Seasoned trader Peter Brandt has reignited discussions with a bullish Bitcoin forecast that could see the premier cryptocurrency soar to new heights. Amid skepticism and divergent market opinions, Brandt’s projection places Bitcoin on a potential path to reclaim its all-time high near $74,000. Brandt’s Bullish Bitcoin Vision Peter Brandt, synonymous with market foresight, recently outlined… Continue reading Bitcoin’s Make-Or-Break Moment: Trading Guru Predicts Rally Amid Market Uncertainty

Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

An analyst has pointed out how Bitcoin recently closed below a historically important on-chain level, a failure to reclaim which could spell trouble for BTC. Bitcoin Fell Below Short-Term Holder Cost Basis In Latest Crash In a new post on X, Maartunn discussed BTC’s recent close below the realized price of the short-term holders and… Continue reading Bitcoin Loses Historical Level, Analyst Says “Reclaim And Bounce, Or Die”

Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?

As Bitcoin slumps, on-chain data by Ki Young Ju, the founder of the blockchain analytics platform CryptoQuant, paints a stark picture: all new whales, including holders of spot exchange-traded funds (ETFs), are now underwater.  New Whales And Spot ETF Investors Are In Red Taking to X, Ju said that more losses would be incoming, predicting that… Continue reading Bitcoin Slump Pushes New Whales Underwater: A Rare Opportunity To Buy?

Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash

The Bitcoin price continues to trend below $60,000 as a 20% decline triggered a brutal market-wide crash. This has exposed multiple critical support points for the cryptocurrency, some of which the price has already fallen below. In light of this, a crypto analyst known as Norok has revealed the level the BTC price must not… Continue reading Crypto Analyst Says Bitcoin Must Hold Above $51,800 As ETF Outflows Trigger Crash

Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says

An analyst has explained how the “fair value” of Bitcoin appears to be on track to achieve the $1 million milestone by 2035. Bitcoin Total User Count Could Forecast Fair Value Path Forward In a new post on X, analyst Willy Woo has discussed about how the fair value of Bitcoin could look like in… Continue reading Bitcoin On Track For $1 Million Per BTC “Fair Value”, Analyst Says

Bitcoin Bull Run Over? Analyst Predicts What To Expect Now

The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price. Marco Johanning, a well-known crypto analyst and founder of The Summit Club, took to X (formerly Twitter) to provide his insights on the… Continue reading Bitcoin Bull Run Over? Analyst Predicts What To Expect Now

Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario

Bitcoin is facing a critical juncture as it has entered a ‘danger zone,’ according to prominent gold advocate Peter Schiff. This investor, known for his skepticism toward Bitcoin, current trends continue. Breaking Points And Bearish Signals Peter Schiff has often voiced his bearish outlook on Bitcoin, and his latest comments come as Bitcoin has just… Continue reading Bitcoin Hits ‘Danger Zone’: Peter Schiff Warns Of ‘Do or Die’ Scenario

Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return

Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than 15%, the financial expert has uncovered a significant pattern that indicates a potential bull flag following Bitcoin’s price… Continue reading Finance Expert Raoul Pal Says 20% Bitcoin Correction Only Temporary As Euphoria Will Return