Bitcoin, the pioneer cryptocurrency, has been hovering below the $20,000 mark for nearly two years now, causing speculation about whether it will ever reach these levels again. Despite this, a notable analyst suggests that the price of Bitcoin dropping to $20,000 is not a question of if, but when. A crypto analyst known as “Without
Bitcoin
Peter Brandt, a seasoned crypto analyst, recently delved into the realm of classical charting principles to uncover an intriguing inverted or expanding triangle pattern in Bitcoin (BTC). This pattern, characterized by two diverging descending trend lines, has captured the attention of traders and investors alike. While some have interpreted this pattern as a potentially bullish
A crypto analyst has recently made a bold prediction regarding the future of Bitcoin, suggesting that the price of the cryptocurrency could soar to $72,000 in the near future. This optimistic forecast comes on the heels of a supposed Bitcoin bear trap, which many analysts, including the one known as ‘Sensei’, believe is nearing its
Numerous crypto analysts, including CryptoCon, have made bold predictions about Bitcoin’s future price movements. CryptoCon has recently pointed to a technical indicator that has accurately predicted each local high for Bitcoin in the current bull run. According to CryptoCon, Bitcoin could potentially reach $100,000 and even surpass $109,000 by the end of the year. However,
The recent appearance of the death cross indicator on Bitcoin’s chart has stirred discussions among crypto analysts, with Benjamin Cowen weighing in on the potential impact of this bearish signal. The $62,000 price level has now become a crucial threshold for Bitcoin to avoid another price crash, as failing to hold above it could lead
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a passion for writing, journalism, and trading in the web3 space. Despite starting his journey in the crypto universe with a scam, Edyme has evolved into a seasoned market analyst with over three years of experience. His resilience and determination have shaped his outlook
As the world’s largest cryptocurrency, Bitcoin has always been a topic of interest for investors and analysts alike. Recently, a crypto analyst known as ‘The Crypto Dog’ has shared an optimistic forecast regarding the future outlook of Bitcoin. According to this analyst, Bitcoin could potentially experience massive rallies in the near future, potentially rising as
The recent crash in Bitcoin’s price below $60,000 has left many speculators disappointed as hopes for a new all-time high in the short-term seem to have been shattered. However, analysts like CryptoQuant CEO Ki Young still hold onto the belief that Bitcoin’s price will eventually rebound. Despite the crash, Young remains bullish on Bitcoin’s future,
Altcoin Sherpa, a well-known crypto analyst, has recently expressed his belief that the Bitcoin bottom has not been reached yet. According to him, there is still a possibility for the flagship cryptocurrency to drop even further, potentially hitting new lows. In a social media post, Altcoin Sherpa suggested that Bitcoin may find its bottom around
The cryptocurrency market is known for its extreme volatility, and Bitcoin, as the pioneer cryptocurrency, often experiences dramatic price swings. Recently, there has been a prediction by a crypto trader that Bitcoin could see a significant rebound to $90,000, despite a recent crash below $50,000. This prediction has sparked discussions within the crypto community and
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