Tag: Analyst

Bitcoin ETFs Mean No More Wild Price Swings — Analyst

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Bitcoin (BTC) will no longer experience “parabolic” price rallies or “devastating” bear markets, because BTC exchange-traded funds (ETFs) have permanently reduced volatility and altered market dynamics, according to Blockware BTC analyst Mitchell Askew. “BTC/USD looks like two entirely different assets before and after the ETF,” the analyst wrote on Friday. The chart he shared showed a sharp reduction in price volatility following the January 2024 launch of the Bitcoin ETF in the United States. The analyst said: “The days of parabolic bull markets and devastating bear markets are over. BTC…

Crypto Analyst Warns XRP Investors Amid Market Retrace

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Crypto analyst Steph has issued a warning to XRP investors regarding the current price action. He alluded to a multi-year resistance that the altcoin has struggled to break, noting that this should be the major focus as it eyes new highs.  XRP Needs to Break Above the $3.6 Resistance In an X post, Steph shared a video in which he analysed the XRP monthly chart, dating back to the 2020 bull run. He highlighted an upward-sloping trendline for the altcoin, which showed that the altcoin has faced rejection at around…

Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Dogecoin could be approaching a structural breakout that carries it to the long-discussed $1 threshold, according to crypto analyst Stephan Burns, who in a July 24 livestream described a “perfect storm” of monetary design, market structure…

Crypto’s Golden Rule Just Got Broken, According To Analyst

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Bitcoin’s old four-year rhythm has been upended, according to CryptoQuant CEO Ki Young Ju. He argued on Thursday that the crypto’s cycle is no longer in existence, driven out by big players stepping in. Related Reading His latest comments follow a public rethink after he called a market top just a few months ago and got it wrong. Institutional Buyers Rewrite Rules Based on reports, Bitcoin Spot ETFs and corporate treasuries are changing the game. In the first half of the year, treasury companies bought twice as much BTC as…

Bitcoin Rally Signal? Analyst Links Binance Spot Volume Surges To Price Upswings

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Bitcoin (BTC) may be on the cusp of another rally, as leading cryptocurrency exchange Binance saw its spot volume rise from around 40% on July 15 to as high as 60% on July 18. Historical data suggests that surges in Binance’s spot market share have frequently preceded upward movements in BTC’s price. Bitcoin Rally Imminent? Binance Data Suggests So According to a CryptoQuant Quicktake post by contributor Amr Taha, Binance’s spot volume market share surging to 58% on July 23, has further strengthened the premier cryptocurrency’s $117,000 support. Related Reading…

Bitcoin Approaches Structural Ceiling, Analyst Warns Of Power Law Resistance

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As Bitcoin continues its upward momentum, technical analysts are pointing to the long-observed Power Law resistance band. While market sentiment remains bullish, the proximity to this structural ceiling raises the possibility of increased volatility and consolidation. Analyst Highlights Technical Headwinds Facing Bitcoin Rally Despite recent bullish momentum, Bitcoin has yet to break through a key resistance level on the long-term power law chart. According to Alphractal’s post on X, these trendlines have historically mapped support and resistance with impressive precision, while effectively guiding BTC price movements over the years. Related…

Crypto Analyst Predicts When The Next Altcoin Surge Will Start

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto markets awoke on Wednesday to the first meaningful bout of selling in more than a month, and Kev Capital TA did not sound surprised. In a late-night livestream, the analyst told viewers that Bitcoin’s failure…

Analyst Reveals The Real Reason XRP Price Crashed Yesterday

Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. An abrupt XRP sell‑off by more than -15% on 23 July was driven overwhelmingly by aggressive market selling on South Korean exchange Upbit, according to independent analyst Dom (@traderview2), who published multi‑venue order book heatmaps and cumulative volume delta…

Bitcoin Unlikely To Reach $200K In 2025, Says Crypto Analyst

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Bitcoin is unlikely to reach $200,000 this year as buying volume isn’t increasing enough to keep pushing the price higher, according to a crypto analyst. It comes after several industry executives have recently speculated that Bitcoin (BTC) will soon hit $200,000. “How on earth can we be going up when there is no volume?” Glassnode lead analyst James Check said in an interview on Tuesday. $200,000 by year-end is “a big move” “$200,000 in six months is a big move — that’s a big move,” Check said. He added that…

Bitcoin Must Defend This Key Support For $180,000 Year-End Target, Analyst Says

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As Bitcoin (BTC) consolidates near the $119,000 mark following a new all-time high (ATH) above $123,000 last week, several on-chain indicators are presenting a mixed picture regarding the cryptocurrency’s next major move. Bitcoin On-Chain Data Shows Mixed Outlook According to a CryptoQuant Quicktake post by contributor Chairman Lee, BTC exchange reserves have risen noticeably since late June. This sharp uptick suggests increased profit-taking activity, which could weigh on BTC in the short-term. BTC reserves on exchanges continue to decline as price remains elevated | Source: CryptoQuant Large holders and miners…