Sentiment around Bitcoin has suffered a major hit in recent weeks after the price fell below $100,000. This has led to a series of bearish predictions for the cryptocurrency, as many analysts and investors alike believe that the crash is far from over. One analyst, who goes by Mr. Wall Street on the X (formerly Twitter) platform, has predicted a step decline, revealing how low the Bitcoin price will go and when the crash should be expected to be over. Bitcoin Headed below $60,000? In the post, Mr. Wall Street…
Tag: Analyst
XRP Supply Shock Ahead? ETFs Could Consume It All: Analyst
A new projection from an XRP analyst is drawing fresh attention to how quickly spot ETFs could gobble up available tokens if heavy inflows persist. Related Reading The numbers in the model are simple and large, and they force a straightforward question: what happens if steady ETF buying meets a limited public supply? ETF Flows Could Outrun Supply According to analyst Chad Steingraber, one XRP ETF might average $90 million in daily inflows. Multiplying that by 12 ETFs and the result is $1.08 billion each day. Based on his assumptions,…
Dogecoin Flashes Major Rebound Signal, Analyst Warns
Dogecoin’s exchange dynamics have flipped at a key moment, with fresh on-chain data pointing to a shift in short-term market structure. Crypto analyst Ali Martinez (@ali_charts) highlighted a Glassnode chart showing that Dogecoin’s net supply on centralized exchanges has just turned positive, noting on X: “Dogecoin supply on exchanges just turned positive! This shift has marked sharp rebounds before.” Dogecoin Rebound Loading? The chart in his post, “DOGE: Exchange Net Position Change – All Exchanges,” tracks monthly exchange inflows and outflows as a histogram, alongside DOGE’s price in US dollars.…
2026 May See a Surge of Crypto ETF Approvals — Analyst
The US government’s ending of the shutdown and return to the normal legislative session may spark a surge in new crypto exchange-traded fund (ETF) approvals by the Securities and Exchange Commission (SEC) in 2026, according to market analysts. There is “huge” demand for crypto ETFs and exchange-traded products (ETPs), Matt Hougan, chief investment officer at investment firm Bitwise, told CNBC on Wednesday. Hougan said: “It’s going to be ETF-palooza in crypto land. I think there will be 100-plus launches. We’re going to see a lot of single-asset crypto ETPs. What…
Analyst Says You’re Looking At XRP The Wrong Way, Here’s What It Actually Does
There’s a growing undercurrent of frustration among crypto investors watching XRP drift lower, seemingly tied to broader swings in the entire market. But a different perspective came to light after a post by Versan Aljarrah, founder of Black Swan Capitalist, who suggested that the entire discussion around XRP’s day-to-day price movement is rooted in a fundamental misunderstanding of what the asset actually represents. What XRP Really Does Aljarrah challenged the tendency to judge XRP as if it were a typical speculative crypto asset running on a debt-based system of inflows…
Analyst Says The Bull Run Isn’t Over
According to market reports, Bitcoin fell sharply this week and pushed the Crypto Fear & Greed Index down to 10, a level tied to extreme fear. Related Reading Investors and traders are asking whether this marks the bottom of the cycle or just another step lower in a run that has already seen a 25% correction. Extreme Fear Hits Crypto Markets Retail panic has been clear. Funding rates on some derivatives desks have turned negative, and newer entrants to the market are showing signs of stress. Based on reports, large…
Analyst Backs Bitcoin Rally To $174,000 If This Support Remains Intact
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Analyst Breaks Down Why There Can’t Be 7 Million XRP Holders
A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clarification arrives at a time when XRP is now positioned to start to receive institutional inflows from the recently launched Canary Spot XRP ETF. Related Reading Why Wallet Count Does Not Equal Holder Count CryptoTank noted that nearly 7 million wallets holding…
Bitcoin Market Top May Be In As Analyst Shares 1064-Day Bull Cycle Pattern
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Analyst Says No Major Support Level Until $24
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…