Tag: 13K

Finder’s Experts Predict Bitcoin to Peak at $29K in 2023, But Forecast a Low of $13K  – Markets and Prices Bitcoin News

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The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.com do not believe the leading digital asset will break the $30,000 range this year. Finder’s panel of 56 specialists convened to give their 2023 bitcoin price forecast, and the panelists suggest bitcoin will peak at $29,095 this year. Experts Weigh in on Bitcoin’s Future Price: Will it Reach Six-Digit Prices by 2030? Finder.com has conducted another report that aims to predict bitcoin’s future price with 56 experts…

Bitcoin Price Trend Overwhelmingly Negative, Bears Target $13K

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Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $16,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair remains at a risk of more losses towards the $15,000 level or even $14,000. Bitcoin Price Revisit $15,500 Bitcoin…

JPMorgan Expects Crypto Market to Face Weeks of Deleveraging – Warns Bitcoin Price Could Drop to $13K – Markets and Prices Bitcoin News

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Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall to $13,000. JPMorgan on FTX and Bitcoin’s Price JPMorgan Chase’s analysts, led by global market strategist Nikolaos Panigirtzoglou, provided their analysis of the FTX situation and a price prediction for bitcoin in a note Thursday. The analysts explained that fewer players in the crypto space are now able to…

Ethereum’s failure to close above $1.3K prompts analysts to predict more downside

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The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge trial on the Sepolia public test network. Data from Cointelegraph Markets Pro and TradingView shows that following the Sepolia Merge on July 6, the price of Ether rallied to a high near $1,280 on July 8 but has since trended down to hit a daily low of 1,153 on July 10. ETH/USDT 1-day chart. Source: TradingView With the Ethereum network nearing the home stretch in…

‘Be my Santa, please’ — Chainlink user offers $13K reward to fix $50K mistake

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According to a Github post made today, user dawidkabani13 claims to have accidentally sent 4,005 Chainlink (LINK) — $53,226 at the time of publication — to an Aavegotchi (GHST) smart contract on the Ethereum blockchain, which does not support operations for the token. The user said the contract is immutable — meaning his funds likely can’t be recovered. Even so, he is offering a 1,000 LINK reward to anyone willing to help. At time of publication, this reward would be worth approximately $13K. “I’m just recovering from a terrible loss,…

3 reasons traders now expect Bitcoin hitting $13K before a new rally

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The price of Bitcoin (BTC) has been consolidating above $17,000 on Nov. 28 following a major correction from $19,400. In the near term, traders anticipate the dominant cryptocurrency to see another steep pullback. There are three main reasons why traders expect a deeper drop to occur in the near future, namely,  historical cycles, the Fibonacci Sequence, and the record-high open interest of the futures market. BTC/USDT 4-hour chart (Binance). Source: TradingView.com Historical cycles hint at deeper BTC correction BTC price frequently saw 20% to 30% drops in past bull markets…

Bitcoin Correction To $13k On Horizon As Bulls Lose Control at $13.7k

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Bitcoin price struggled to settle above the $13,700 resistance and declined below $13,500 against the US Dollar. BTC is likely to retest $13,000 before it could rise again. Bitcoin started a fresh decline after it faced a strong selling interest near $13,700. The price is trading below the $13,600 support and the 100 hourly simple moving average. There was a break below a crucial contracting triangle with support near $13,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is showing bearish signs and it…