Tag: Bullish

Bullish Factors That Point To A Massive Surge

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The crypto market is beginning to display early indications that a new altcoin season could be approaching, as analysts reference historical patterns and technical signals hinting at a rebound after a lengthy slump. Although altcoins have recently lagged behind Bitcoin, bullish factors from data and macroeconomic parallels are building optimism that a change in liquidity conditions might trigger a strong market-wide rally for altcoins. Altcoin Dominance Hits Record Oversold Levels According to crypto analyst Javon Marks, altcoin dominance has entered oversold conditions for the first time in history. Marks highlighted…

Bitwise CIO Matt Hougan Bullish on Solana Growth and Adoption

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Bitwise’s chief investment officer, Matt Hougan, sees two main reasons for his bullishness for layer-1 blockchain Solana over its competitors, including Ethereum. “I love investments that give me two ways to win,” Hougan said in an X post on Thursday, explaining that Solana (SOL) is making a “bet” the stablecoin and tokenization infrastructure market will grow, and that it will “win an increasing share of that market,” which “seem like good bets to me.” “I think people dramatically underestimate how much and how quickly these technologies will remake markets. It’s easy…

XRP Price Prediction: Stable Action Hints At Brewing Bullish Breakout

XRP price started a fresh increase above $2.550. The price is now facing hurdles above $2.650 and at risk of another decline in the near term. XRP price failed to continue higher above $2.70 and corrected some gains. The price is now trading below $2.60 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2.65 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it stays above $2.5120. XRP Price Holds Support…

Why This Analyst Is More Bullish On XRP Over Ethereum For The Short-Term

Technical analyst Charting Guy has shared a new perspective on the relationship between XRP and Ethereum, identifying a setup that he believes could lead to short-term XRP outperformance.  His analysis, which was posted on the social media platform X, focuses on the XRP/ETH weekly chart, where he highlighted the formation of a bullish divergence that has not appeared since mid-2024. The development, he says, signals a constructive shift in momentum that will favor XRP’s price action over Ethereum for the next three months. A Rare Weekly Bullish Divergence Favors XRP…

A16z Eyes $10B Fundraise, Skips Crypto Despite Bullish Talk

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Venture capital firm Andreessen Horowitz (a16z) is reportedly seeking to raise around $10 billion to invest in the artificial intelligence and defense industries, but crypto, long one of its flagship sectors, is notably missing. According to a Thursday Financial Times report citing anonymous sources, a16z is aiming to raise about $10 billion for new investments, including $6 billion for investing in more mature companies, $1.5 billion for each of the company’s AI applications and AI infrastructure funds, and over $1 billion for a defense and manufacturing-focused vehicle. No crypto-focused fund…

Strategy (MSTR) Gets Buy Rating From Citi on Bullish Bitcoin (BTC) Outlook

Investment bank Citi (C) initiated coverage of Strategy (MSTR) with a buy/high risk rating and a $485 price target, positioning the stock as a leveraged bet on bitcoin BTC$113,197.67. MSTR shares were 1.5% higher in early trading on Tuesday, around $301. The price target reflects Citi’s 12-month bitcoin forecast of $181,000, representing 63% upside from current levels, and a 25% to 35% net asset value (NAV) premium, which aligns with Strategy’s historical 2.5x to 3.5x bitcoin yield multiple, the bank said in the Tuesday report. That structure, the bank’s analysts…

Here’s What Happens To The Ethereum Price If Bullish Momentum Holds

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Coming out of the weekend, the Ethereum price has seen a rise in its bullish momentum. While it is still in its early stages, there is the possibility that the bulls are able to hold this momentum for a reasonable amount of time, thereby pushing sentiment straight into the positive once again. If this happens, then it carries some implications for the Ethereum price and could trigger the next wave of rallies for the cryptocurrency. Ethereum Price Eyes Next Breakout Speaking on the recent bullish momentum that the Ethereum price…

Possible Bitcoin Short Squeeze Is Extremely Bullish, Bitcoin Hyper the Best Crypto to Buy Now

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What to Know: There is a large concentration of liquidity above the current $BTC price, suggesting a short squeeze could be in the making. The “Coinbase premium” for Bitcoin (the premium or differential of Bitcoin’s price on the U.S. exchange Coinbase relative to global exchanges) is rising – signifying stronger U.S. institutional and retail demand. A $BTC short squeeze could make Bitcoin Hyper the best crypto to buy with its Layer 2 upgrade. With Bitcoin (BTC) hovering around $110K, a perfect storm of technical signals and macro tailwinds is building…

Coinbase and Glassnode See Cautious Q4 Upside as Investors Tilt Bullish on Bitcoin

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Coinbase Institutional and Glassnode’s new Charting Crypto report finds investors heading into Q4 with cautious optimism, anchored by supportive liquidity, regulatory momentum, and a macro backdrop that could favor bitcoin and ether. Coinbase–Glassnode Q4 Briefing According to the analysis, institutions remain constructive on bitcoin over the next three to six months, with 67% of institutional […] Original

BitMine Buys $1.5B In Ether As Tom Lee Remains Bullish On ETH

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Fundstrat’s Tom Lee has echoed the sentiment that digital asset treasury hype may be coming to an end, but remains bullish on Ether, having purchased $1.5 billion worth since the market crash. BitMine Immersion Technologies has scooped up a total of 379,271 Ether (ETH) worth almost $1.5 billion since the record crypto market liquidation event last weekend. The acquisitions came in three separate purchases: 202,037 ETH after the weekend crash, 104,336 ETH on Thursday, and 72,898 ETH on Saturday, according to onchain data from Arkham Intelligence and ‘BMNR Bullz’, which…