Wednesday’s softer-than-expected U.S. inflation has likely set the stage for accelerated gains in bitcoin , potentially to $200,000 by the end of the year, according to Matt Mena, crypto research strategist at 21Shares. “If BTC breaks out of the $105K-$110K range with conviction, we could see a sharp move to $120K and, more importantly, reach our year-end price target of $138.5K by the end of the summer,” Mena told CoinDesk in an email. “Today’s CPI print may serve as a bullish catalyst for Bitcoin – and it may be the unlock…
Tag: Analyst
XRP Price To New All-Time Highs Above $4 – Analyst Reveals When To Take Profit
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. The XRP price is turning bullish once again, with new technical analysis indicating that the altcoin could be on track for a fresh All-Time High (ATH). As the price moves toward breaking key resistance levels, analysts…
Dogecoin Faces Make-Or-Break Moment This Month: Analyst
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 is changing hands near $0.198 on Wednesday afternoon in Europe, almost 20 % below its late-March high yet still clinging to an eleven-month up-trend that now converges with a formidable technical inflection, according to independent…
Why Bitcoin Calm Rally Could Be a Setup for a Massive Breakout, Analyst Reveals
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. Bitcoin has returned to an upward trajectory, with the asset posting a 1.7% gain in the last 24 hours to reach $109,505. This marks a 4% increase in the past week, placing the cryptocurrency less than…
Ethereum Charts Flash Rare Signal Not Seen in Years: Analyst
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. In his latest macro-technical analysis, crypto strategist Kevin (@Kev_Capital_TA) has flagged a potentially pivotal moment for Ethereum (ETH), arguing that a confluence of rare monthly chart signals—some not seen in years—could be laying the groundwork for…
Analyst Reveals When To Buy As Bitcoin Dominance Rises
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. As Bitcoin Dominance (BTC.D) rises in the crypto market, analysts are closely watching for signs of the long-awaited altcoin season. In a recent analysis, a crypto market expert shared key insights on the best time to…
Analyst Says Expect Biblical Move Before Historic Crash – Here Are The Targets
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. XRP might be gearing up for a bullish run of epic proportions, accompanied by a similar crash of epic proportions. Particularly, a new technical analysis suggests that the XRP price may be preparing for one of…
Will Bitcoin continue rising? Analyst eyes breakout as demand outpaces supply
Bitcoin price could be on the cusp of a strong bullish breakout, potentially reaching $143,000 after forming a cup-and-handle pattern, as market participants anticipate a supply squeeze. Bitcoin (BTC) was trading at $109,860 on Tuesday, up nearly 10% from its lowest point this month and 50% above its April low. Santiment data indicates that Bitcoin could face a supply squeeze as demand rises. The supply of Bitcoin on exchanges has dropped to 1.18 million, its lowest level since December 2017. This supply peaked at 3.25 million in March 2020 and…
Ethereum Consolidates As Momentum Builds – Analyst Has $3K In Sight For June
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. Ethereum has remained firm above key support levels despite the broader market pullback in recent weeks. While many altcoins have shown weakness, ETH continues to trade above the $2,400–$2,500 zone, signaling strength and positioning itself for…
Bitcoin price target hinges on Fed pivot and ETF flows: Bitunix analyst
In a conversation with Dean Chen, Analyst at Bitunix, we discussed key macroeconomic and crypto market developments after a week of increased volatility and policy speculation. With U.S. private payroll growth missing expectations and U.S. President Trump doubling down on calls for rate cuts, Chen provided thoughtful insights into how these dynamics could impact Bitcoin (BTC) and other digital assets. As markets weigh the prospect of a Fed pivot against rising recession risks, Chen outlined how sentiment-driven price moves could either boost or destabilize crypto in the short term. We…