Tag: Analysis

Small Bitcoin whales may be keeping BTC price from ‘capitulation’ — analysis

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Bitcoin (BTC) could still see a major price capitulation, but more whales need to start selling first, data suggests. In one of its daily QuickTake market updates on May 27, on-chain analytics platform CryptoQuant highlighted increasingly bearish whale behavior. Small whale selling should spark “absolute capitulation” Amid widespread consensus that BTC/USD should put in a lower low than its May 12 pivot price of $23,800, some of Bitcoin’s largest holders are showing signs of impatience. Looking at unspent transaction outputs (UTXOs) from various “bands” of whale wallets, CryptoQuant contributor Binh…

Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise

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Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. However, Minerd’s more recent calls have occurred just before major reversals. Scott Minerd BTC price calls:– $600k at $60k → went to $30k.– $10k at $30k → price to $65k.– $8k at $30k (again) → TBD. pic.twitter.com/NWjrRdegFM — mhonkasalo (@mhonkasalo) May 23, 2022 It…

Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price

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Solana price has begun to consolidate in a tightening range and if the wider market remains stable, it’s possible that SOL could break out in the short-term. SOL’s upside potential in the short-term could be significant with the move itself occurring quickly. The 2022 Volume Profile between $53 and $90 is extremely thin, indicating that any daily close above $53 would easily move towards the next high volume node in the $90 value area. In addition, the 50% Fibonacci retracement of the all-time high to the July 26, 2021 weekly…

NEW ETHEREUM SIGNAL (It's Happening)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io NEW ETHEREUM SIGNAL (It’s Happening)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with my link…

Ethereum Holders: GET READY (Breakout Soon)!! Ethereum Price Prediction 2022 & Ethereum News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum Holders: GET READY (Breakout Soon)!! Ethereum Price Prediction 2022 & Ethereum News Today Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: Crypto Technical Analysis Course 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with my link for…

ETHEREUM BREAKING DOWN (Urgent)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM BREAKING DOWN (Urgent)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with my link for…

Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

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Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop. In a tweet on the day, on-chain monitoring resource Whalemap defined the support levels Bitcoin bulls must defend to avoid fresh significant losses. Whales dictate “do or die” BTC price support Bitcoin’s current “no man’s land” price behavior has commentators split on whether the next decisive move will be up or down. While some are calling for $32,000 or more next, many argue…

WARNING ETHEREUM HOLDERS (price target)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io WARNING ETHEREUM HOLDERS (price target)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! 🚨NEW: My Complete Technical Analysis Course 👉 👈 ► I trade on Bybit 👉 👈 (NEW $4,100 BONUS)* 🔥 Register with my link…

Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini – Bitcoin News

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After the collapse of Terra’s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guard’s (LFG) bitcoin went, as the funds were supposed to be used to defend the UST’s $1 parity. On Friday, the blockchain intelligence and analytics firm, Elliptic, published a blog post that summarizes where the bitcoin was sent, according to the firm’s network surveillance tools. LFG Bitcoin Stash Deposited Into 2 Digital Currency Exchanges According to Elliptic’s Blockchain Analytics Software While reflecting on the recent crypto market chaos and the Terra stablecoin…

How long will the crypto bear market last? Raoul Pal’s macro analysis

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Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal’s predictions.  “The Fed are unlikely to raise rates as far and as fast as people expect. My guess is they probably stop raising rates sometime in the summer and that will be it,” he said in an exclusive interview with Cointelegraph. Pal sees the combination of high interest rates and…