Tag: Analyst

Bitcoin Bear Market Bottom Could Hit $55K Maximum Says Analyst

boss

A crypto analyst argues that maximum pain for Bitcoin this cycle will be a fall to $55,000, based on technical indicators — rather than the $35,000 that some predict.  A fall to $35,000, as predicted by some, would represent a 72% retracement. It has happened before. Bitcoin fell by 77% from a high of $69,000 in November 2021 to a bottom of $15,500 a year later in November 2022.  However, analyst “Sykodelic” told his 62,000 X followers on Tuesday that predictions of a Bitcoin plunge to $35,000 in 2026 were “absolute…

Bitcoin Price Crash Below $50,000? Analyst Reveals Why 2026 Will Be The ‘Best Year’

boss

A crypto analyst has issued one of the most dramatic market calls of the year, predicting that the Bitcoin price could crash below $50,000 by 2026. However, he claims that this drop could set the stage for a historic wealth transfer. He says 2026 could become the best year for investors who stay calm and prepare for a major market reset. His reasons are closely tied to the growing economic imbalances and to key US macroeconomic indicators, which continue to tilt deeper into negative territory.  Analyst Predicts Bitcoin Price Crash…

ZEC Crashes 22% as Traders Bleed, Analyst Targets Sub-$200

Key Notes ZEC plunged nearly 22% in one day and lost a long-term trendline. A major long position worth $7.3M now sits on over $4.4M in unrealized losses. Analyst Crypto Patel warns ZEC may eventually fall below $200. Zcash ZEC $364.4 24h volatility: 20.0% Market cap: $5.99 B Vol. 24h: $1.10 B recorded a whopping 22% fall within a single day, as prices dropped toward the $360 zone. The crash put pressure on traders who entered aggressive positions at higher levels and turned what once looked like a breakout to…

This Analyst Predicted The PIPPIN Price Surge, Here’s The Rest Of The Prediction

boss

Despite the bearish trend that has dominated the crypto market, the meme coin PIPPIN has stood out, flying green while others stalled. Over the weekend, the meme coin emerged as one of the top gainers, rising by more than 50% and doubling its value in only a few days. Interestingly, one crypto analyst had previously called out the PIPPIN rally, predicting that the price would rise. But even with the major rally so far, the analyst’s total prediction is yet to play out completely. The Breakout That Started It All…

Composite of ETH Valuation Models Places ETH Fair Value at $4,839: Analyst

boss

The native token of the Ethereum network, Ether (ETH), is undervalued in nine out of 12 commonly used valuation models, according to Ki Young Ju, a market analyst and CEO of crypto market analysis platform CryptoQuant. A composite “fair value” using all 12 valuation models prices ETH at about $4,836, an over 58% gain compared to its price at the time of this writing. Each valuation model was rated on a three-tiered scale for reliability, with three being the most reliable. Eight out of the 12 models feature a reliability…

Analyst Maps Out Simple Rules For Breakout

boss

The monthly XRP chart has entered one of its most decisive phases in years, and one of the asset’s most vocal analysts is laying out a blunt roadmap. Egrag Crypto, known for his long-standing bullish stance on XRP, released a new technical update that breaks down the future outlook for the cryptocurrency into three straightforward outcomes.  The chart accompanying his analysis shows XRP trading around the $2.20 region, sitting just above an important Fib support level but still wrestling with momentum, with the monthly candle about to close. Related Reading…

Analyst Sets Bitcoin Next Target At $95k

boss

The Bitcoin market experienced a moderate price rebound over the past week, following a prolonged period of price correction that began in early October. The flagship cryptocurrency is now trading above $90,000, with hopes building for a potential push back toward its all-time high of $126,100. Notably, popular market analyst KillaXBT has flagged a key price zone that could serve as the next target in this relieving market recovery. Related Reading Bitcoin Headed To $95k-$96k, But Price Pullback May Occur First – Analyst In an X post on November 28,…

Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats

boss

Crypto analyst ChartNerd has predicted that the XRP price could rally 10x if a specific trend repeats. The analyst also revealed what needs to happen for the altcoin to invalidate this potential parabolic rally.   XRP Price Could Rally 10x If This 2017 Pattern Plays Out In an X post, ChartNerd predicted that the XRP price could rally 1,000% if a bullish pattern from the 2017 bull cycle plays out. The analyst noted that during the 2017 euphoric run, the altcoin had a 3-month cool-off period where it successfully dropped towards…

Bitcoin ‘Risk-Reward’ Setup Similar to COVID: Analyst

boss

Bitcoin may have significant upside from here as its current price appears to be out of step with the forward macroeconomic outlook, according to a crypto researcher. “The last time I saw such an asymmetric risk-reward was during COVID,” Bitwise Europe head of research André Dragosch said in an X post on Friday, referring to March 2020 when global pandemic fears sent Bitcoin’s (BTC) price tumbling from around $8,000 to below $5,000. Dragosch said that while Bitcoin’s current setup mirrors the extreme risk-reward conditions seen during the COVID pandemic, it…