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PlanB’s Bold Bitcoin Prediction Analyst PlanB is sticking to their prediction: Bitcoin (BTC) will hit $500,000 by 2028. This prediction is based on Bitcoin’s four-year halving cycle. While their previous prediction (for the 2020-2024 cycle) of $55,000 was a bit off (the actual high was around $34,000), it was surprisingly close considering the market’s volatility….
Bitcoin is booming, and most investors are seeing massive gains. According to crypto analytics firm Glassnode, a huge majority of Bitcoin holders are currently in the green. Massive Unrealized Profits After Bitcoin’s price bounced back to over $107,000, the average Bitcoin holder is sitting on a 125% paper profit. That translates to a collective unrealized…
Coinbase, the biggest US crypto exchange by trading volume, has added support for Wormhole (W), a cross-chain messaging protocol. This news caused a short-lived price surge for the Wormhole token. Wormhole’s Quick Rise and Fall The addition of Wormhole to Coinbase’s platform sent its token price soaring. It jumped from $0.61 on June 27th to…
Tom Lee, co-founder of Fundstrat, thinks Bitcoin’s price isn’t mooning despite hugely successful ETF launches, and he has two theories. ETF Strategies and Price Impact Lee suggests that the way Bitcoin ETFs are accumulating Bitcoin might be a factor. Many ETFs are accepting Bitcoin directly from investors (“in-kind exchange”). This means investors hand over their…
A popular crypto analyst, Pentoshi, shared his price predictions for Ethereum (ETH) and Bitcoin (BTC). He boasts a large following on X (formerly Twitter). Ethereum’s Potential Surge Pentoshi believes Ethereum could easily surpass $3,000 before October. He sees a “structural shift” happening, leading to significant price increases. He suggests a potential upside of 3.2 times…
A crypto analyst, Tony “The Bull” Severino, says a technical indicator suggests Bitcoin could take a while to hit a new price high. Let’s break it down. The TD9 Setup: A Long-Term Prediction Severino points to a “perfected TD9 sell setup” on Bitcoin’s quarterly chart. This indicator often signals potential trend changes or reversals. In…
Bitcoin recently bounced back towards $110,000, but is this climb sustainable? Let’s take a closer look. Bitcoin’s Recent Price Action After dipping to around $105,000 on Tuesday, Bitcoin saw a renewed surge in buying pressure. It quickly reclaimed the $109,000 level and briefly touched $110,000. While a 2% increase in 24 hours might not seem…
Analyst Gert van Lagen has released an updated Elliott Wave analysis predicting a massive Bitcoin price surge. His new forecast suggests Bitcoin could hit a staggering $395,000, making now a potential time to consider taking profits. A Parabolic Rise to $395,000? Lagen’s analysis shows a “step-like parabolic” formation, suggesting Bitcoin is in the final stages…
Bitcoin is hovering near its all-time high of $112,000, stuck in a holding pattern as buyers and sellers battle for control. While buyers have successfully defended key support levels, they haven’t quite broken through to new highs. Similarly, sellers haven’t managed to push prices down significantly, showing the market’s resilience. Analysts are cautiously optimistic, leaning…
Dogecoin surged on Wednesday, hitting $0.17. Analysts are optimistic, pointing to bullish signals. A Second Chance at Support After a slump, Dogecoin’s price is back above key resistance levels. Crypto expert Trader Tardigrade sees a potential rally. He notes that Dogecoin has twice bounced off a crucial support level (seen on the weekly chart). This…
