Tag: Bullish

ORDI Shatters Records With New All-Time High In Bullish Surge

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BRC-20 tokens, commonly known as Ordinals, are experiencing major upward momentum as Bitcoin breaks past the $39,000 level. ORDI, the biggest of the BRC-20 tokens, is pulled up by BTC’s rally. According to CoinGecko, ORDI is up nearly 36% since yesterday, and currently trading at $32.42, it’s new all-time high.  This recent price action places ORDI under the limelight, putting enormous pressure on the bears while giving big gains for the bulls.  $39K Barrier Broken: What’s Next?  The market is encountering a slight rally with Bitcoin gaining momentum on the…

Crypto Analyst Predicts Bullish Wave To Push Price To $30

The Avalanche (AVAX) price has performed reasonably well this year, going from a low of around $9 to as high as $24 before correcting back downward. Since the correction, the altcoin has been trading in a tight range around $20 and $21. However, this might not continue for much longer following one crypto analyst’s prediction. An AVAX Bullish Wave Is Rising Crypto analyst Babenski has unveiled their bullish prediction for the AVAX price going forward. According to the analyst, the digital asset could be poised for an incredible run that…

Analyst backs Cardano amid ongoing bullish momentum for Bitcoin and Everlodge

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Ali Martinez expresses optimism about the future of Cardano (ADA), attributing its potential growth to increasing demand. Bitcoin (BTC) has stabilized around the $37,000 level, with analyst remaining bullish. Everlodge (ELDG) is also gaining attention for its potential to disrupt the real estate market. Summary Cardano might reach $0.4413 by year’s 2023 Bitcoin bulls target $42,000 Everlodge supporters expect more growth Cardano may rally above $0.4413 According to crypto analyst Ali Martinez, Cardano might rally in the near future based on positive network adoption signals and rising momentum. #Cardano sits…

Bitcoin targets $40k, GMX and InQubeta bullish

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Digital asset prices are, as expected, dynamic. Bitcoin (BTC) is edging higher as bulls target $40K. As the most valuable coin, how Bitcoin performs can directly impact market sentiment.  Besides BTC, analysts expect GMX (GMX) and InQubeta (QUBE) to sustain their upward momentum.  The InQubeta presale is garnering more attention, riding on the artificial intelligence (AI) wave. The project also offers various investment models and an NFT marketplace. This article explores why InQubeta and GMX could float to new highs, rising in sync with Bitcoin. InQubeta raises over $5.4 million…

Crypto analyst remains bullish despite recent pullback

In his YouTube video on Nov. 28th, the popular crypto analyst behind the Crypto Banter channel expressed his continued bullishness on Bitcoin and altcoins, despite the recent pullback in prices. The analyst believes we are currently confined in a range after Bitcoin (BTC) hit resistance around the $38,000-$39,000 zone. He explained that while some view the move above $38,000 as a bull trap to get traders to open long positions before crashing the price, he would only view it as a trap if Bitcoin made new lower lows below $35,000,…

CME-Listed Bitcoin (BTC), Ether (ETH) Futures Flash a Rare Bullish Signal

A futures contract is a legal contract to buy or sell the underlying asset at a predetermined price at a specified future date, called the expiry date. Usually, futures markets are in contango, a term used to describe when the price of futures rises above spot, with further-out futures drawing higher than nearer-expiration futures. An increase in buying pressure often causes the contango to widen. Source

Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K

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Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week ago.  What is eye-catching is the unwavering strength of BTC derivatives, which signals that bulls remain steadfast in their intentions. An intriguing development is unfolding in China as Tether (USDT) trades below its fair value in the local currency, the yuan. This discrepancy often arises due to differing expectations between professional traders engaged in derivatives and retail clients involved in…

Standard Chartered Bank Maintains Bullish Stance, Predicts Bitcoin Could Reach $120K by 2024

Bitcoin has seen a positive trend over the past few weeks after dropping to a new all-time low last year due to the crypto winter that wiped billions of dollars from the industry. Standard Chartered Bank is doubling down on its Bitcoin (BTC) predictions, suggesting that the leading crypto asset has the potential to soar to $120,000 by the end of 2024. After months of predicting that the crypto asset could reach $100,000 by the end of this year and $120,000 in 2024, the company’s analyst, Geoff Kendrick, said the…

Price on Cusp of Bullish Breakout Similar to Bitcoin Following US Regulatory Clarity

Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the well-funded BlackRock Inc (NYSE: BLK), has sparked high interest for the undisputed smart contract and DeFi king that has a total value locked (TVL) of about $26 billion. Additionally, the Ethereum network has dominated the…