A prominent market commentator has projected that the Bitcoin price could climb as high as $500,000, citing the reappearance of a long-observed moving average ribbon pattern on the monthly chart. The forecast, shared by Egrag Crypto on X, ties price structure to specific time windows in 2026 and 2028, arguing that technical alignment is outweighing short-term market narratives.pl Bitcoin Price Ribbon Setup Signals Expansion Phase At the center of the $500,000 prediction is the reformation of a multi-layer moving average ribbon on the one-month timeframe. The chart provided by the…
Tag: Analyst
Analyst Says We’re Doomed If This Happen
The Bitcoin price action over the last few months has been unpredictable. But one thing has been clear, and that is the fact that bears have remained firmly in control of the price action. From here, there are a number of ways that the Bitcoin price could play out, with most speculations pointing toward a possible recovery. However, there are levels that the Bitcoin price must maintain in order to actualize this recovery or risk losing ground to bears. Bitcoin Price Needs To Hold Above $60,000 Crypto Analyst Swallow Academy,…
XRP March Recovery? Analyst Eyes Rally If This Level Breaks
During the Wednesday market recovery, XRP surged 7.9% to hit a one-week high of $1.47. The cryptocurrency has been hovering between $1.35-$1.50 over the past three weeks but has failed to break above the local range’s upper boundary. As the price nears this resistance once again, an analyst has suggested that a short-term rally toward another critical level could be brewing, potentially setting the stage for the altcoin to decide its next market direction by the end of Q2. Related Reading XRP To See March Breakout On Wednesday, analyst ChartNerd…
Elliot Wave Analyst Predicts Bitcoin Price Will Crash In Final Move, What’s The Target?
According to a new forecast from an Elliott Wave analyst, the Bitcoin price could be gearing up for more pain as bearish pressures continue to weigh heavily on it. As a final bear market move, the analyst has projected that Bitcoin could crash by more than 14% from its current price near $65,000. Bitcoin Price Readies For Final Bear Market Plunge Elliott Wave Strategy, a market expert on X who focuses primarily on Elliott Wave structures and analysis, has warned that Bitcoin is entering its final leg down of its…
Bitcoin Final Sell-Off Coming? Analyst Says It’s Time To ‘Buckle Up’
A potential final sell-off in Bitcoin is back in focus after market analyst Aaron Dishner warned that the asset appears structurally close to capitulation. Based on cycle timing, historical drawdowns, and converging technical signals, he argues the market may be nearing its last downside move before a longer-term bottom forms. He urges investors to brace for volatility as this “bottom year” unfolds. Bitcoin’s Past Fractal Points To One More Flush Dishner’s framework centers on a structural comparison to May 2022. On the weekly BTC/USDT chart, he outlines a sequence mirroring…
Dogecoin RSI Has Crashed To Lowest Level Since Launch, Analyst Predicts Next Target
Crypto analyst Cryptollica has revealed that the Dogecoin Relative Strength Index (RSI) has crashed to its lowest level since its launch. The analyst also predicted that this might mark the bottom for the foremost meme coin, with a bullish reversal on the horizon. Dogecoin RSI Hits All-Time Low Since Launch In an X post, Cryptollica stated that the Dogecoin RSI has hit its lowest level in 12 years and is completely oversold. The analyst noted that, after removing all social sentiment and meme narratives, DOGE’s 2-week chart shows one of…
Analyst Says DOGE May Fall To $0.06
Dogecoin is facing another bearish technical call after trader Cheds Trading (@BigCheds) posted a weekly DOGE/USD chart via X on Feb. 24 and said the memecoin “looks headed for 6 cents .06 range.” The setup matters because the chart he shared shows DOGE already trading below a stack of key weekly trend indicators, with the next widely visible support region lower. Is Dogecoin Heading To $0.06? Cheds’ comment was brief and direct: “DOGE looks headed for 6 cents .06 range”. The TradingView chart is a 1-week DOGE/USD Coinbase chart. The…
Bitcoin risks 2018-style crash if 200-week EMA breaks, warns analyst
Bitcoin trades near 200-week EMA; loss of support could spark 30–60% capitulation. Summary Bitcoin trades around $68.4k, above the ~$68.3k 200-week EMA that marks the key cycle support line. In 2018 and 2022, a weekly close below the 200-week EMA followed by a failed retest turned it into resistance and led to sharp selloffs. Analyst Rekt Capital says multiple weekly closes above the EMA keep downside “unconfirmed,” but a breakdown from this level could again trigger accelerated capitulation. A cryptocurrency analyst has warned that Bitcoin (BTC) could experience a significant…
Analyst says Bitcoin has 88% chance of rising to $122K by late 2026
Economist Timothy Peterson says Bitcoin may have strong odds of rising over the next 10 months. Summary Economist Timothy Peterson says Bitcoin has an 88% chance of trading higher in 10 months, based on a cycle metric tracking positive months over the past 24 months. His model, using data back to 2011, implies an average forward return of 82%, pointing to a potential price near $122,000. The outlook sparked mixed reactions, with some calling it a strong historical signal and others warning that Bitcoin may not follow past averages. Timothy…
Analyst Predicts The Ethereum Price Bottom With A Marked Path To $15,000
Despite the Ethereum price looking to be leveling out below $2,000, the slowdown in the crash has done nothing to allay fears that more decline is coming. In fact, analysts believe that this stop is only temporary and that the second-largest cryptocurrency by market cap will make another major drop soon. This is due to past performance, where the Ethereum price has often staged a major reset before eventually making a possible bottom. The Scenario That Says Ethereum Price Is Headed For $600 Calls for Ethereum reaching $10,000-$15,000 were echoed…