Bitcoin’s recent price swings have some analysts worried about a potential crash. The culprit? A gap on the Chicago Mercantile Exchange (CME). Let’s dive into the details. The CME Gap and Bitcoin’s Potential Drop Crypto analysts believe Bitcoin needs to “fill” this CME gap, which could send its price tumbling. One analyst, Egrag Crypto, predicts…
Bitcoin’s price action has been pretty flat lately, but some analysts are predicting a big jump in the new year. A Doji and a Potential Rally Crypto analyst Tony Severino spotted a “Doji” formation on the Bitcoin chart. A Doji is basically a pause in the market where buyers and sellers are equally matched. Severino…
Bitcoin’s price has been stuck in a rut lately. Despite some upward blips, it hasn’t been able to break through the $100,000 resistance level. This is a bit of a surprise, given earlier optimistic predictions. So, what’s next? Elliott Wave Theory Predictions Analysts are using the Elliott Wave Theory – which basically says market movements…
Despite Bitcoin’s recent price drop to around $94,000, the overall crypto market seems pretty chill. Let’s dive into why. Bitcoin’s Rollercoaster Ride 2024 has been a wild ride for crypto, with many coins hitting multi-year highs. Bitcoin led the charge, even surpassing $100,000 for the first time in early December. However, after reaching a peak…
Robert Kiyosaki, the “Rich Dad Poor Dad” author, boldly predicts Bitcoin will hit $350,000 by 2025. He points to Bitcoin’s impressive growth this year as evidence. But is this prediction realistic? Let’s dive in. Institutional Involvement: A Double-Edged Sword? Big players like BlackRock are entering the crypto game, giving Bitcoin more legitimacy. However, BlackRock recently…
Bitcoin’s price has been bouncing around lately, leaving investors wondering if it will end 2024 on a high or a low. Analysts are weighing in, and some key price points are being watched closely. A Rocky Road to the Finish Line Bitcoin broke through $100,000 earlier in December, but it hasn’t been smooth sailing since….
Bitcoin’s been having a rough time lately. After a dip below $95,000, it’s trying to recover. But where is it headed next? A False Break and a Potential Bounce One crypto analyst, Trader Tardigrade, sees a positive sign. They noticed Bitcoin briefly broke below the lower support line of an ascending channel on their chart….
One crypto analyst, Egrag Crypto, is making some bold predictions about XRP. They believe XRP’s price will skyrocket, even surpassing Bitcoin and Ethereum. XRP’s Potential Dominance Egrag’s analysis suggests XRP has a much bigger potential for growth than Bitcoin or Ethereum. They predict XRP’s market cap could reach anywhere from $619.61 billion to a whopping…
Analysts are buzzing about Bitcoin’s potential to break the $100,000 mark, and they’re pointing to some key price levels to watch. Key Support Levels Trade PSH, a crypto analyst, highlighted some important support levels for Bitcoin. The immediate area to watch is between $95,000 and $96,600. If Bitcoin stays above this range, the outlook is…
Bitcoin’s been on a bit of a rollercoaster lately. After hitting record highs above $104,000, it took a dive. But could a recovery be on the horizon? One analyst thinks so. The $107,000 Prediction CobraVanguard, a crypto analyst, believes Bitcoin could bounce back and even hit a new all-time high of $107,000. Their analysis hinges…
