Shiba Inu (SHIB) has been relatively quiet lately, but some analysts believe a big price jump is coming. One analyst on X (formerly Twitter) predicts a massive 17x increase. A Technical Analysis Suggests Big Gains The analyst’s chart shows SHIB is in a “symmetrical triangle” pattern. This pattern often leads to significant price movements once…
A crypto analyst, Burak Kesmeci, predicts Bitcoin (BTC) could reach $124,000 based on a model using the Golden Ratio. This follows a recent price surge, suggesting further growth is possible. The Golden Ratio and Bitcoin’s Price Kesmeci’s prediction uses a “Golden Ratio Multiplier” model. This model combines moving averages and Fibonacci ratios to gauge whether…
Bitcoin is showing some serious strength lately, trading above $94,000 after a long period of sideways movement. Buyers are back in control, pushing prices up, but things are still pretty volatile. The global economy is a mess, with trade wars and all sorts of uncertainty, making things unpredictable. A Risky Surge in Trading Activity Recently,…
Ethereum is showing some serious strength, holding above important support levels and trying to reclaim the $1,850 mark. Things are still a bit shaky though, with global economic worries and trade wars making investors nervous. Ethereum’s Resilience Despite the gloomy economic outlook, Ethereum is proving surprisingly resilient. Analyst Daan points out that Ethereum had a…
Ethereum’s been on a bit of a rollercoaster lately, but things are looking up. After weeks of ups and downs, it’s now holding steady above some crucial support levels. Ethereum’s Recent Recovery ETH has bounced back impressively, gaining over 32% from its recent low of $1,383. It’s currently trading comfortably above $1,700, but this is…
Big players in the crypto world are making different moves with Bitcoin and Ethereum. Let’s break it down. Ethereum Whales Cash Out Data shows that wealthy Ethereum investors (holding 1,000 to 10,000 ETH, or roughly $1.8 million to $18 million) have been selling off a significant chunk of their holdings recently. Over just 48 hours,…
Ethereum is making a comeback! After a solid jump above $1,800, analysts are predicting a significant price increase in the coming weeks. Ethereum’s Recent Gains Over the past week, ETH’s price has surged around 14%, reclaiming important support levels. It’s now holding steady in a historical demand zone between $1,650 and $1,950. This is a…
Senator Cynthia Lummis isn’t buying the Federal Reserve’s recent decision to withdraw its crypto guidelines for banks. She believes it’s all for show, a claim she made on X (formerly Twitter). Why Lummis is Skeptical The Senator argues the Fed’s action is superficial for several key reasons: Reputation Risk Remains: The Fed still considers reputation…
Bitcoin exchange-traded funds (ETFs) saw a massive influx of cash last week, according to the crypto analytics firm Lookonchain. Billions in Bitcoin ETFs Lookonchain reported that the top 10 Bitcoin ETFs raked in a staggering $2.78 billion in just seven days. That’s 29,321 Bitcoin! This comes as Bitcoin’s price climbed above $90,000. The firm also…
Fundstrat’s Tom Lee believes the stock market may be turning around, citing four key indicators. He shared his insights in a recent YouTube video. Four Signs Pointing to a Bullish Reversal Lee highlights the following signals suggesting a potential market rally: 1. Zweig Breadth Thrust: This indicator, which tracks the ratio of advancing to declining…
