Tag: Analyst

BTC Analyst Explains Why $94K Has Been a Major Hurdle

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Bitcoin’s (BTC) price action remained underwhelming this week after another failed attempt to reclaim the monthly volume-weighted average price (VWAP), with BTC consolidating near $90,000 following the Federal Reserve’s 0.25% interest rate cut. The market continued to reject any meaningful push above $93,000, thereby limiting bullish momentum. Key takeaways: One Bitcoin analyst said that liquidity contraction is suppressing Bitcoin’s upside, reducing demand relative to sell pressure. $94,000 to $98,000 remained the critical liquidity pocket, but BTC must avoid forming a bearish break of structure below $88,000. Bitcoin one-day chart. Source:…

Analyst Predicts XRP Price Will Rise To $14 By Frontrunning Bitcoin By Over 600%

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Crypto analyst Javon Marks has provided a bullish outlook for the XRP price, predicting that it could rally to $14, frontrunning Bitcoin in the process. He alluded to a historical trend in which XRP outperformed BTC, which is why the analyst is confident that such price action can play out again.  Analyst Predicts XRP Price To Rise To $14, Frontrunning Bitcoin In an X post, Javon Marks stated that the XRP price is set to outpace Bitcoin by over 600% this time around, which could spark a rally to over…

XRP Price May Grow ‘From $2 to $10 in Less Than a Year: Analyst

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XRP (XRP) may enter a faster-than-expected repricing phase, according to analyst Chad Steingraber, who predicted the price could move “from $2 to $10” in under a year. Key takeaways: XRP ETFs absorbed over 506 million XRP in a month, supporting a $10 price outlook. Two major chart patterns point toward $14–$15 upside targets. ETF demand builds case for 400% XRP rally by 2026 Steingraber’s prediction followed strong early interest in the new XRP exchange-traded funds (ETFs) that were launched in November. These investment products took in more than $944 million…

Bitcoin Speculation Muted: Glassnode Analyst Calls Perps A ‘Ghost Town’

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Glassnode’s senior researcher has pointed out how Bitcoin perpetual futures market is looking like a “ghost town,” with Open Interest continuing to be at muted levels. Bitcoin Futures Open Interest Has Remained Low Since October Reset In a new post on X, Glassnode senior researcher CryptoVizArt.₿ has talked about the recent trend in the Bitcoin Open Interest for the perpetual futures market. The “Open Interest” refers to an indicator that measures the total amount of positions related to the asset that are currently open on all centralized derivatives platforms. When…

Analyst Reveals What You Should Look Out For

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After breaking below $90,000 again, the next direction of the Bitcoin price is being hotly debated once again. This comes with the added burden of a number of major events coming around this week, as well as investor sentiment being stuck in the negative territory for an extended period of time. Crypto analyst, MarcPMarkets, shares his thoughts on the current state of the market and what investors should be looking out for as the next direction is determined. The Bearish And Bullish Scenarios In the analysis shared on the TradingView…

Bitcoin is no tulip, says ETF analyst Eric Balchunas

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Bloomberg’s Eric Balchunas rebuts Bitcoin–tulip comparisons, citing 17 years of recoveries, ETF demand, and halving-driven scarcity as proof of lasting asset value. Summary Eric Balchunas notes Bitcoin is still up roughly 250% in three years and 122% in 2024, despite a 27% pullback from October highs.​ He argues non-productive assets like Bitcoin, gold, art, and rare stamps hold value via scarcity and demand, unlike tulips’ short-lived 1630s bubble.​ Halving-driven supply cuts, ETF accumulation, and on-chain holding data suggest corrections are normal consolidation, not a systemic collapse. Bloomberg ETF analyst Eric…

Bitcoin Briefly Breaks $92K: ‘A Good Start,’ Claims Analyst

Key Notes BTC jumps past $92K with a sharp rise in trading volume. Aggressive buying and liquidity bursts strengthen short-term momentum. The Fed meeting this week may add further fuel to BTC volatility. Bitcoin BTC $91 769 24h volatility: 2.8% Market cap: $1.83 T Vol. 24h: $44.90 B has started the week strongly with a 60% surge in its 24-hour trading volume. The leading cryptocurrency has crossed the key level of $92,000 and gained $50 billion in market cap over the past day. Analyst Michael van de Poppe noted on…

Altcoin Rally Alert: 4 Bullish Signals To Watch Out For – Analyst

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Prominent market analyst Michael Van de Poppe has shared four market conditions that would confirm an altcoin market rally. Meanwhile, the cryptocurrency market continues to experience a widespread correction, weighing down the price growth of several assets. Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins? Ethereum has shown more resilience in the last month than Bitcoin, which is largely interpreted as a bullish signal for altcoin enthusiasts. In the last week alone, the prominent altcoin reported a slight market gain of 0.86% compared to Bitcoin’s loss of 1.95%. When Ethereum…

Bitcoin Cool Off is Normal, Claims Analyst: US to Push BTC Higher?

Key Notes Analysts say Bitcoin’s pullback is a normal cool-off after its +122% surge last year. US-driven selling pushed the Coinbase Premium negative before it quickly flipped back to positive. Falling prices paired with declining Open Interest show futures unwinding rather than real spot selling. Bitcoin (BTC) holds prices near $89,000 as analysts argue the current pullback remains within the boundaries of a healthy cycle correction rather than a full-blown crypto winter. Bloomberg ETF analyst Eric Balchunas said in a post on X that Bitcoin only gave up the excess…

Analyst Says Dogecoin Price Is Ready To Fly, Here’s Why

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Dogecoin has been bleeding lower in recent days, grinding back toward the mid-$0.13 band. Sellers have been in control of most candles in the past 24 hours, and each attempt at a rebound has faded quickly, leaving Dogecoin stuck near the bottom of a range. One crypto analyst on X has focused attention on an important technical level on the 2-day chart. Even though price action looks weak, Dogecoin is now sitting right on a long-term support zone inside a descending triangle pattern, and this area could become the launchpad…