Bitcoin took another dive recently, dropping below $80,000. Is this the lowest it will go? Let’s look at some data. Decoding the Bitcoin NVT Golden Cross A financial analyst looked at something called the Bitcoin NVT Golden Cross. This is a complicated-sounding indicator, but basically, it compares Bitcoin’s market value to its transaction volume. Think…
Bitcoin’s price has taken a recent tumble, but one expert sees a bright future. Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, predicts a massive price surge. Navigating the Current Volatility Kendrick acknowledges the recent market jitters. He points to several factors: Political Uncertainty: The ongoing trade wars and geopolitical tensions are creating…
Dogecoin’s price has been on a bit of a rollercoaster lately. After a brief surge, it dipped to around $0.20, a nearly 40% drop in a month. This sparked worries about a bear market. But some analysts see a possible turnaround. The Order Block Zone: A Bullish Signal? Trader Tardigrade, a market expert, points to…
Ethereum has taken a major hit, plummeting over 27% in just a few days. This dramatic drop has everyone worried about a potential bear market. But there’s a glimmer of hope. Holding the Line at a Key Support Level The price is now testing a super important support level. If buyers can step in and…
Crypto analyst Michaël van de Poppe believes the Bitcoin bull market is far from over, despite recent price dips. He’s predicting a huge price jump for Bitcoin. Bitcoin to Hit $250,000? Van de Poppe, who boasts a massive following on X (formerly Twitter), forecasts Bitcoin could reach a staggering $250,000 this cycle. That’s a massive…
The SEC is set to drop its lawsuit against Consensys, the company behind the popular cryptocurrency wallet MetaMask. This follows an “in principle” agreement between the two parties. SEC Backs Down After Lawsuit Last year, the SEC sued Consensys, alleging that MetaMask operated as an unregistered securities broker. However, Consensys CEO Joseph Lubin announced on…
Crypto analyst Kevin Svenson has his eye on a crucial price point for Bitcoin (BTC). With Bitcoin currently trading below its all-time high, Svenson believes a key level will determine whether the cryptocurrency continues its upward trend. $90,000: The Make-or-Break Point Svenson, who boasts a large YouTube following, says Bitcoin needs to close above $90,000…
Crypto trader Ali Martinez is sounding the alarm, warning of a potential Bitcoin crash. He’s noticed a bearish signal on Bitcoin’s chart that previously signaled a major market downturn. Bearish Divergence Spotted Martinez, who boasts a large following on X (formerly Twitter), points to a “bearish divergence” on Bitcoin’s weekly chart. This means Bitcoin’s price…
Bitcoin’s been on a wild ride lately, and some experts think the worst might not be over. We could be heading into a serious bear market. A $70,000 Crash? One Analyst Thinks So Arthur Hayes, a well-known crypto analyst and co-founder of BitMEX, is predicting a Bitcoin price drop to between $70,000 and $75,000. That…
Bitcoin’s been on a wild ride lately, and things aren’t looking great. The price has dropped significantly, and analysts are predicting even more losses. Bitcoin and the Stock Market: A Tight Connection Bitcoin’s price is heavily influenced by the overall stock market. Data shows a whopping 80% correlation between Bitcoin and the S&P 500. This…
