Tag: Analyst

Bitcoin Rally Hits Wall as Price Stalls Below $104K, Analyst Cites Derivatives Pressure

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Bitcoin experienced a notable surge earlier this week, climbing above the $104,000 mark and registering a weekly gain of nearly 10%. However, after reaching this level, the asset appears to have encountered resistance, with upward momentum slowing and price action remaining relatively flat in recent days. At the time of writing, BTC is trading at $103,663, reflecting a modest 1.7% increase over the past 24 hours. Amid this price performance, one of CryptoQuant’s top analysts, Darkfost, offered insight into the current market stagnation. Derivatives Market Activity Signals Short-Term Uncertainty According…

Bitcoin Strengthens Vs. Gold, Analyst Sees ‘Higher Than Expected’ Returns

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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. Este artículo también está disponible en español. Bitcoin’s price may surge above $200,000 next year, according to recent analysis by X account Apsk32. He warns that the familiar four‑year cycle for BTC often lines up with…

Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

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Key takeaways: The altcoin market cap, excluding Ether (ETH), has added $126 billion in Q2, sparking enthusiasm from analysts who have been waiting for an altseason. Crypto analyst Javon Marks noted a breakout that could rival the explosive 2017 bull run.  In a recent post on X, Marks highlighted a chart comparing the TOTAL3 index (total market cap of altcoins excluding Bitcoin (BTC) and Ethereum) against the US money supply, suggesting that altcoins may be on the verge of a significant rally.  A rise in TOTAL3 against the US money…

Factors Analyst Shares Scenarios That Could Drive Growth

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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. Este artículo también está disponible en español. XRP’s current price has been highlighted by a range of around $2.5 in the past three days. However, this low price hasn’t stopped the idea of an extravagant XRP…

Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’

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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. Este artículo también está disponible en español. Ethereum is again looking bullish following its gains of over 17% in the last seven days and the break above $2,500. Analysts have provided a positive outlook for the…

Analyst Explains What It Means

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Bitcoin Could See Short-Term Holder Selloff Around These Levels, Analyst Says

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An analyst has explained how Bitcoin could face significant waves of selling pressure from the short-term holders around these price levels. Bitcoin Short-Term Holder MVRV Could Flag These Levels As Important In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Market Value to Realized Value (MVRV) Ratio of the Bitcoin short-term holders. The MVRV Ratio is an indicator that keeps track of the ratio between the Bitcoin Market Cap and Realized Cap. The former represents the value currently held by the…

Surprising Link Between XRP And Crude Oil Revealed By Analyst

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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. Este artículo también está disponible en español. Independent market technician Dom (@traderview2) has drawn the crypto community’s eye to an unconventional but increasingly watched ratio: XRP priced in West Texas Intermediate crude. The Link Between XRP…

Is Bitcoin Price Turning Bullish Or Bearish? Crypto Analyst Reveals Critical Levels To Watch

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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. Este artículo también está disponible en español. Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as…

Bitcoin Holds Above $100K as Analyst Predict Crypto Rally Into Summer

The crypto rally took a long-overdue pause on Thursday as traders took some profits following weeks of relentless advance that lifted bitcoin BTC$103,148.10 close to record prices. The consolidation occurred amid a slew of U.S. economic data releases. April retail sales missed expectations, producer prices rose less than forecast, jobless claims stayed on track, while the NY Empire State Manufacturing Index and Philadelphia Fed Manufacturing Survey showed softening business activity—signals that did little to rattle traditional markets. The S&P 500 added 0.4%, while the Nasdaq finished flat. Bitcoin pulled back…