Dogecoin (DOGE) has been taking a beating lately, but some analysts see signs of a potential rebound. Let’s look at what they’re saying. A “Channel Down” Pattern Suggests a Bounce One analyst, TradingShot, spotted a “channel down” pattern on DOGE’s chart. This pattern suggests a possible bounce above $0.30. They explained that DOGE’s price has…
Coinbase’s chief legal officer, Paul Grewal, is set to testify before the Senate Banking Committee about what many in the crypto industry see as unfair treatment. The hearing focuses on allegations of a new “Operation Chokepoint 2.0,” where regulators are supposedly blocking crypto companies from accessing banking services. The Regulatory Squeeze The hearing comes amid…
Crypto analyst Michaël van de Poppe is predicting a quick recovery for altcoins after a significant market correction. He believes the recent downturn, fueled by a large crypto liquidation, mirrors the 2020 COVID-19 crash. Altcoin Capitulation and the Road to Recovery Van de Poppe, who boasts a large following on X (formerly Twitter), says the…
A massive Ethereum (ETH) transfer just before a recent market dip has crypto watchers buzzing. Blockchain tracker Lookonchain revealed that a previously inactive wallet, dormant for six years, suddenly moved a whopping 77,736 ETH – worth about $228.6 million at the time – to the Bitfinex exchange. This happened right before Ethereum’s price tumbled to…
Arthur Hayes, the founder of BitMEX, is sticking to his prediction that Bitcoin and other cryptocurrencies will fall further before a massive price surge. Bitcoin’s Bottom? Hayes recently forecast Bitcoin (BTC) could plummet to $70,000 before skyrocketing to $250,000. He explained his bearish outlook, citing troubling economic indicators and the overall crypto market sentiment. He…
Dogecoin took a bit of a dive recently, dropping significantly along with the rest of the crypto market. Many traders got liquidated. But one analyst, ÐOGECAPITAL (@DimaPotts36), thinks this drop is actually part of a bigger plan – a setup for Dogecoin to soar to new heights! Following Historical Patterns ÐOGECAPITAL’s analysis suggests that this…
Bitcoin’s price has been a rollercoaster lately, dropping significantly after hitting a new all-time high. But don’t count out the bulls just yet! A Bull Market Still in Play? One analyst, Mags, believes Bitcoin’s bull run isn’t over. They predict a significant price increase, potentially reaching new highs. Even though Bitcoin has faced some setbacks…
MicroStrategy, the company famous for its massive Bitcoin purchases, has hit the pause button on its buying spree after 12 weeks of consistent acquisitions. This has sparked a lot of speculation. Is this a temporary break, or a sign of a bigger shift in strategy? The Bitcoin Buying Spree Ends (For Now) MicroStrategy’s recent purchases…
A popular crypto analyst is predicting a potential big drop for Solana (SOL). He’s suggesting a price plunge of almost 40% could be on the horizon. Solana’s Potential Plunge Analyst Ali Martinez, who boasts a large following on X (formerly Twitter), says SOL needs to stay above $191. If it falls below that level, he…
Despite market wobbles, institutional investors are still pouring money into crypto. Last week alone, they added nearly $530 million to digital asset investment products, according to CoinShares. A Week of Volatility The week wasn’t without its drama. A market dip, partly due to news events, initially caused a $530 million outflow on Monday. But the…
