Tag: Analyst

Why This Analyst Is Warning Against Buying

boss

Since the recent Bitcoin price crash to $76,000, the broader crypto market has been on high alert, with sentiment shifting to extreme fear levels. A crypto analyst who has shared insights on Bitcoin’s latest market movements predicts more pain for the leading cryptocurrency. He has also warned investors against taking advantage of the decline and buying BTC during this highly volatile and unpredictable period.  Analyst Warns Not To Go Long After Bitcoin Price Crash Crypto analyst Tyrex has warned investors against going long on Bitcoin following the recent price crash.…

Bitcoin Breaks Key Support, Analyst Signals Lower Levels Ahead

boss

Bitcoin’s price action has fallen into bearish territory after dropping below an important previous low that had supported the rally for months. At the time of writing, Bitcoin is trading at $78,560 after falling to as low as $77,082 in the past 24 hours, a move that crypto analyst XForceGlobal says represents a significant change in the technical structure.  According to his detailed Elliott Wave analysis shared on X, the price action has now invalidated the bullish framework many traders were relying on, and lower levels are becoming more likely…

Here’s Why Bitcoin Fall Below $80,000 Could Be A Deep Pit – Analyst

boss

In the past few hours, Bitcoin has dropped below $80,000 amid another wave of liquidations as January comes to a rather volatile close. Analysts at Kobeissi note there have been three notable liquidation events in the past 12 hours, resulting in a combined loss of $1.3 billion. Such developments, coupled with a very fearful market after last week’s price slump, have pushed Bitcoin below a key price level. According to the renowned market expert Burak Kesmeci, Bitcoin’s behavior towards this $80,000 price zone holds significant consequences for the market trajectory.…

‘Decent Chance’ Bitcoin Already Bottomed at $77K: Analyst

boss

Bitcoin’s fall of around 7% to $77,000 on Saturday might have marked the low of this cycle, according to Bitcoin analyst PlanC. It comes as other crypto analysts have been calling for further downside for Bitcoin (BTC) in the coming months. “Decent chance this will be the deepest pullback opportunity this Bitcoin bull run,” PlanC said in an X post on Saturday. PlanC compares Bitcoin’s fall to previous bear market cycles Bitcoin fell 7% to around $77,000 on Saturday and has since slightly moved up to $78,690 at the time…

Bitcoin Suppression? Analyst Claims Single Force Keeping Price Under $90K

boss

Bitcoin drifted under $83,000 on Thursday as market focus shifted toward how liquidity is stacked on exchanges. Reports say a mix of big orders and tight ranges has left traders feeling boxed in. Some analysts warn that a break under a key level could spark sharper selling, while others point to concentrated buy orders that might cushion a drop. Related Reading Order-Book Pressure And Liquidity According to trading-room data, one group or a cluster of large accounts appears to be shaping short-term moves by placing big bids and offers in…

Dogecoin Price Could Continue To Decline If This Doesn’t Happen; Analyst

boss

The Dogecoin price is facing renewed pressure as market watchers warn the meme coin may not be out of the woods yet. A crypto analyst warns that unless Dogecoin meets certain key conditions, its ongoing weakness could trigger another price crash, further extending its bearish trend.  Dogecoin Price Could Extend Downtrend Like many meme coins, Dogecoin is experiencing a major downturn after failing to break key resistance levels. This continuous rejection has kept selling pressure intact and prevented the DOGE price from building sustained upward momentum. As a result, Dogecoin’s…

Analyst Shares Simple Framework That Points Higher

boss

Crypto analyst Luke has declared that an XRP price rally to $10,000 is not a prophecy, but one that can indeed happen. He shared a framework that breaks down the factors that could drive the altcoin’s rally toward this ambitious target.  Analyst Shares Framework For XRP Price Rally To $10,000 In an X post, Luke stated that an XRP price target of $10,000 is ot a target or prophecy but a thought experiment. He further noted that Ripple is building the infrastructure that makes this outcome possible for the altcoin.…

Analyst Predicts The Next Major Level

boss

Dogecoin (DOGE) is showing signs of recovery as it attempts to break out of its ongoing bearish trend. However, a crypto analyst had identified a significant roadblock at $0.15, which could determine the meme coin’s next move. According to the analyst, if Dogecoin can decisively break through this resistance, its price could move toward a more bullish target, signaling a potential shift in market momentum.  Dogecoin Faces Major Resistance At $0.15 Dogecoin is now attracting new attention as technical indicators suggest the meme coin may be preparing for a directional…

Next Ethereum Move Hinges On This Level, Says Glassnode Analyst

boss

A Glassnode analyst has pointed out how Ethereum is retesting a dense supply cluster that could set the tone for where the cryptocurrency heads next. Ethereum Is Trading At A Dense Level On The CBD In a new post on X, Glassnode analyst Chris Beamish has talked about how Ethereum is looking from the perspective of the Cost Basis Distribution (CBD). The CBD is an on-chain indicator that tells us about the total amount of ETH that investors last purchased at the various levels that the cryptocurrency has visited in…