Solana (SOL) Crypto analyst Bluntz predicts further upside potential for Solana (SOL). SOL has risen 10x since September, breaking out of an ascending channel. The analyst believes SOL is outperforming Bitcoin (SOL/BTC) and Ethereum (SOL/ETH). Bitcoin (BTC) Bluntz uses Elliott Wave theory to forecast a move towards $80,000 for BTC. He suggests that BTC has…
A popular crypto analyst known as Inmortal has shared his predictions for three cryptocurrencies: Solana (SOL), Floki (FLOKI), and Chainlink (LINK). Solana (SOL) Inmortal believes that SOL could follow in the footsteps of Ethereum (ETH) and experience a massive rally. He predicts that SOL could rise by over 180% from its current price, potentially reaching…
Market Crash The crypto market took a hit, wiping out over $800 million in a matter of hours. Bitcoin dropped to $67,500 after reaching all-time highs. Altcoins also took a beating, with over 200,000 traders facing liquidations. Long Squeeze The crash was triggered by a “long squeeze,” where traders with bets on rising prices were…
Bullish Signals from Bitcoin Futures The Bitcoin futures market is showing signs that have historically signaled a bullish trend. The futures basis, which measures the difference between the futures price and spot price of Bitcoin, has climbed to its highest level since Bitcoin’s all-time high in 2021. Trading Opportunities This elevated basis creates opportunities for…
Price Correction Bitcoin has been on a wild ride lately, reaching a new high of $73,750. But since then, it’s taken a tumble, dropping to $65,630. Analyst Michaël van de Poppe thinks the correction is far from over. Bearish Divergence Van de Poppe points to a bearish divergence, where the price of Bitcoin is making…
Reasons Behind Vanguard’s Stance Vanguard CEO Tim Buckley has reaffirmed the company’s opposition to offering spot Bitcoin ETFs. He cited several reasons: High Volatility: Buckley believes Bitcoin is too volatile to be a suitable long-term investment. He pointed out its recent decline alongside the stock market. Lack of Tangible Value: Vanguard prefers assets with tangible…
Ethereum to Reach New Heights A crypto expert, CrediBull Crypto, believes Ethereum is poised to make a significant jump after Bitcoin’s recent rally. He predicts that Ethereum could hit new all-time highs, potentially reaching between $3,600 and $3,700. CrediBull cites strong community sentiment and the cryptocurrency’s positive fundamentals as reasons for his optimism. XRP to…
Bitcoin has been through a rollercoaster ride recently, but experts like Kris Marszalek, CEO of Crypto.com, say it’s a long-term investment. Bitcoin’s Recent Dip In the past 24 hours, Bitcoin lost over 9% of its value, dropping from a peak of $73,600. This has shaken the crypto market, causing other coins to fall as well….
Background Sam Bankman-Fried (SBF), the former CEO of the collapsed FTX exchange, is facing sentencing later this month. Prosecutors have submitted a memorandum to the court, recommending a prison sentence of 40 to 50 years. Reasons for the Sentence Recommendation SBF masterminded a massive fraudulent scheme, comparable to Bernie Madoff’s Ponzi scheme. The magnitude and…
Crypto trader Ali Martinez believes Solana (SOL) may be heading for a correction. According to his analysis, the Tom DeMark (TD) sequential indicator on SOL’s daily chart has signaled a sell signal. TD Indicator Suggests Potential Drop The TD indicator is used to identify potential turning points in an asset’s price. Martinez notes that every…
