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Browsing: Analyst
Crypto analyst Ali Martinez has issued a significant bearish warning for the popular altcoin Chainlink ($LINK). Drawing attention to technical analysis data, Martinez suggested that $LINK’s price could experience a correction of approximately 30%.
Bitcoin (BTC-USD) is back. The token held near $86,000 on Tuesday after a stunning multisession rally as investors went risk-on amid falling oil prices.
Add preferred source Crypto analyst Lark Davis identified two key support levels for Bitcoin as the market digests the Federal Reserve’s interest rate hike. The first is the 200-day exponential moving average near $73,000; a break below that could open the door to roughly $67,000. Davis attributed the current weakness to US regulatory developments and…
Bloomberg’s top ETF analyst made two posts ninety minutes apart that told very different stories about Bitcoin funds, and the price charts make one of those posts much harder to defend than the other.
Bloomberg senior ETF analyst Eric Balchunas says Bitcoin ETFs will eventually hold three times as much money as gold ETFs. At today’s levels, that is a huge call.
Bitcoin barely reacted to CLARITY’s failure, and one analyst says it’s the clearest sign that markets are in a bad news doesn’t matter phase. ByWayne Jones
Bitcoin’s latest dip has split analysts between a possible daily-cycle low and calls for another drop toward $70,000 or even $50,000 again. ByWayne Jones