Browsing: Analyst

Bitcoin(CRYPTO: BTC) is up over 20% from its lows below $60,000, but a prominent crypto analyst on Wednesday cautioned that similar rallies in previous bear markets ultimately gave way to fresh lows.

As Bitcoin’s price continues to recover, technical analysts are highlighting the $66,600 level as a key factor for a continuation of the uptrend. According to Tech Charts market technical analyst Aksel Kibar, Bitcoin has been forming an inverse head and shoulders pattern on the daily chart since its June lows, a pattern considered a bullish…

Bitcoin could be poised for a run toward $100,000 by year-end as the US Treasury ramps up support for the long end of the government bond market in an effort to rein in surging interest rates

An analysis said XRP is nearing a major turning point against bitcoin and ethereum.

Add to Google Preferred Sources On-chain analyst EmberCN has identified suspicious wallet address connections and price patterns across four altcoins: AKE, SIREN, XPIN, and BTR. The analyst suggests the same active market maker may have played a role in price movements for all four tokens, each of which has a history of controlled increases exceeding…

Crypto analyst Michaël van de Poppe, evaluating the recent technical outlook for Ethereum ($ETH), stated that the bullish scenario is becoming increasingly stronger. According to the analyst, the high lows and high highs formed on $ETH’s daily chart highlight the possibility of an upward breakout.

The recent sideways and volatile trend in the cryptocurrency markets has created uncertainty among investors, prompting a noteworthy analysis from Sean Farrell, Head of Digital Asset Strategy at Fundstrat.

Benjamin Cowen, a well-known analyst in the cryptocurrency market, made striking assessments regarding Bitcoin and general market dynamics in his latest analysis video published on his YouTube channel.