Tag: Analyst

Analyst Foresees Bitcoin Downtrend Until GBTC Is Liquidated

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Chris J Terry, a cryptocurrency analyst and enthusiast, has revealed his insights on the price action of Bitcoin, predicting a continuous decline in the price of the crypto asset. Analyst Says Bitcoin Will Continue To Drop The crypto analyst shared his insights regarding Bitcoin with the cryptocurrency community on the social media platform X (formerly Twitter), anticipating a possible “continuation of a flat or declining trend.” He highlighted that the downtrend will continue until Grayscale Bitcoin Trust (GBTC) is fully “liquidated.” According to him, the liquidation will be possible with…

Crypto Analyst Predicts Cardano Price Will Climb 2,000% To Reach $11

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Popular Crypto YouTuber Ben Armstrong has shared his bullish prediction for the Cardano (ADA) price. While giving his prediction, Armstrong also alluded to a recent ADA price prediction that crypto analyst Ali Martinez made.  Armstrong’s Bull Case For Cardano Is $11 In a video posted on his YouTube channel, Ben Armstrong mentioned that his bull case prediction for ADA is $11. However, the crypto YouTuber didn’t share any analysis to back up his bullish sentiment. Instead, he only referred to an earlier ADA analysis that Martinez had shared as part…

Dogecoin Price Will ‘Moon’ If This Happens: Crypto Analyst

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On Saturday, January 20, the Dogecoin price rose by more than 23% within 5 hours. As NewsBTC reported, the creation of the X Payments account was the cause of the sudden price increase, which reignited hopes within the community about the integration of DOGE. However, the speculative surge was short-lived, with only around 4% of the gains remaining at time of publication. When Will Dogecoin Price ‘Moon’? In a new analysis, Skew, a well-known figure in the crypto analysis sphere, has presented a nuanced perspective on the potential drivers for…

Bitcoin (BTC) to copy the S&P 500 bull run, analyst predicts

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Kevin Svenson, a prominent cryptocurrency analyst and trader, has made a compelling prediction regarding the potential trajectory of Bitcoin (BTC) in relation to the S&P 500. Bitcoin’s potential surge to a new all-time high In his YouTube video entitled “BITCOIN WILL FOLLOW S&P 500 INTO ALL TIME HIGHS,” Svenson discusses the possibility of Bitcoin reaching new all-time highs, drawing parallels to the performance of the S&P 500, stating that the S&P has consistently led Bitcoin in all-time high breaks, and this is promising as Bitcoin is still below 40%  it’s…

Analyst Reveals Key Levels Of Importance

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Crypto analyst Egrag Crypto has revealed key price levels to watch out for in one of his latest analyses of XRP. The analyst hinted that these prices could be crucial especially following his prediction that the crypto token will rise to $5 in 90 days.  Targets That Confirm An XRP Bull Run  In a post on his X (formerly Twitter) platform, Egrag highlighted $0.60, $0.75, $0.95, and $1.3 as price levels to keep an eye out for as they will validate a bullish trend. He says, “A weekly close above…

Crypto Analyst Predicts Potential Trend For Bitcoin As Price Slips

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Rekt Capital, a well-known cryptocurrency analyst and enthusiast, has revealed the potential directions that the price of Bitcoin could take in light of the upcoming fourth BTC Halving. Potential Retracement For Bitcoin With the halving event approaching, analysts are debating what steps Bitcoin should take after its recent breach from the macro downtrend. One of those is Rekt Capital, who has weighed in on the particular issue and made a comparison to past trends. The crypto analyst shared his latest projections during one of his YouTube predictions videos for Bitcoin.…

Crypto Analyst Predicts Massive XRP Crash To $0.34

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XRP holders may have to deal with more price declines from the crypto token if this crypto analyst’s recent analysis is anything to go by. This bearish analysis comes amidst several other predictions that have painted bullish narratives for the crypto token.  XRP Could Drop To As Low As $0.34 Crypto analyst Ali Martinez highlighted how a possible XRP sell-off could trigger a price decline to $0.34. As part of his analysis, he stated that XRP was currently “grappling” to maintain its footing at the crucial $0.55 support level. The…

Analyst predicts crypto bull run will be more parabolic than 2021

In a Jan. 19 video on Crypto Banter, Kyle Chassé, the founder of Master Ventures, shares why he believes this year will result in $100,000 BTC and $7,000 ETH. Chassé predicts that Bitcoin will hit $100,000 this year, although these prices won’t be seen until around May when the post-halving rally starts. In the meantime, the analyst suggests that 15%-20% pullbacks are likely. To back up his prediction, Chassé points to the Bitcoin (BTC) charts to highlight that massive buy pressure from institutions is much more than the market has…

Cardano To $7? Analyst Predicts When ADA Will Resume Uptrend

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An analyst has explained that if history repeats for Cardano, its price could resume its uptrend and rally to $7. Here’s when this could happen. Cardano Could Follow Same Price Trajectory As Back In 2020 In a new post on X, analyst Ali has discussed how ADA’s latest consolidation phase has been mirroring its trend from late 2020. Below is the chart that the analyst has shared for the cryptocurrency. The trend in the price of the asset over the last few years | Source: @ali_charts on X As Ali…