The crypto market is going through a rough patch right now, with Bitcoin and Ethereum seeing a big drop in active users. This trend has been happening all year and has some people worried about the future of these popular cryptocurrencies. Fewer People Are Using Crypto Data shows that the number of active Bitcoin and…
A popular crypto analyst, Ali Martinez, is predicting a bullish future for Dogecoin (DOGE). He’s noticed a pattern on the weekly chart that suggests DOGE is about to take off. Dogecoin’s History Suggests Big Gains Martinez says that the last two times Dogecoin saw a similar pattern on its weekly chart, it experienced massive rallies…
Crypto analyst Benjamin Cowen is predicting a potential downturn for Ethereum (ETH) in the last quarter of 2023. He’s drawing parallels to a similar pattern seen in 2016, where ETH experienced a dip in Q4. Ethereum’s Potential Q4 Dip Cowen, who has a large following on social media, says that if the 2016 pattern repeats,…
Crypto expert and billionaire Mike Novogratz believes Bitcoin is about to get a big boost, and it all comes down to options trading. Bitcoin ETF Options: The Big Catalyst Novogratz, the CEO of Galaxy Digital, thinks options trading for Bitcoin exchange-traded funds (ETFs) will send Bitcoin prices soaring. He’s excited about the recent approval of…
Cryptocurrency analyst Justin Bennett is warning Bitcoin (BTC) could see a further drop before it starts climbing again. He believes BTC could fall below $60,000 before it starts trending higher. Bitcoin Needs to Break Resistance Bennett, who has over 100,000 followers on social media, says Bitcoin needs to turn its resistance levels into support levels…
A veteran crypto trader, Peter Brandt, has thrown a curveball into the Bitcoin world by suggesting that Bitcoin is forming a “Three Blind Mice” pattern. But what does this mean for the king of crypto? A Bearish Pattern? Brandt’s cryptic tweet, along with a chart, hints at a potential bearish trend for Bitcoin. The “Three…
A popular crypto analyst, Dan Gambardello, believes that Bitcoin might be nearing the end of its recent dip. He’s looking at some key indicators to support his claim. Oversold RSI Points to a Bounce Gambardello is focusing on the 6-hour Relative Strength Index (RSI), a measure of how fast and how much the price of…
Geopolitical Tensions Could Push Bitcoin Below $60,000 According to Geoff Kendrick, a crypto expert, the recent tensions between Iran and Israel could cause Bitcoin to dip below $60,000. This is because investors might be scared and move their money to safer investments like gold. But Kendrick thinks this could be a good time to buy…
The crypto world is buzzing about a new development: a Bitwise XRP ETF is now on the SEC’s website. This is a big deal because it could be the first ETF that lets investors buy and sell XRP, a popular cryptocurrency, through the stock market. What’s an ETF? An ETF, or Exchange-Traded Fund, is like…
Shiba Inu (SHIB) has been on a downward trend after hitting a high earlier this year. The reason? Shibarium, Shiba Inu’s layer-2 scaling solution, hasn’t lived up to the hype. Slow adoption and technical issues have left many investors questioning its future. Shibarium’s Troubles Shibarium was supposed to solve Shiba Inu’s scalability issues and reduce…
