Tag: Bullish

Ahead of Bitcoin halving, experts bullish on BTC, ROE, and ADA

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied There is growing attention on crypto due to the Bitcoin halving in 2024 and BlackRock’s Bitcoin ETF application. Analysts are monitoring BTC, ADA, and ROE from Borroe Finance. This article discusses Bitcoin halving, the potential market expansion facilitated by BlackRock’s exchange-traded fund (ETF) application, and the outlook for BTC, ADA, and ROE. Buy Borroe Finance presale Understanding Bitcoin halving Bitcoin is deflationary because its supply is limited to 21 million BTC. This sets it apart from fiat…

XRP Moving Above ‘Cloud’ Resistance Sets Bullish Precedent for Bitcoin (BTC): Analyst

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The Ichimoku Cloud, a technical analysis indicator created by Japanese journalist Goichi Hosoda in the late 1960s, is widely used by traders and analysts to identify support and resistance levels and gauge trend changes. The indicator comprises five lines based on the price’s moving averages: Leading Span A, Leading Span B, Conversion Line or Tenkan-Sen (T), Base Line or Kijun-Sen (K) and a lagging closing price line. The spread between the Leading Span A and the leading Span B represents the cloud. Original

Bitcoin’s bullish hype fades, but analyst says PlanB’s stock-to-flow model is still relevant

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Bitcoin (BTC) is struggling to reclaim its psychologically-important level at $30,000 as analysts predict that choppy accumulation may last for months. Bitcoin soared to a new yearly high of over $31,800 on July 13, driven by optimism surrounding the potential approval of exchange-traded funds (ETFs) in the United States and Ripple’s landmark legal victory in its case against the U.S. Securities and Exchange Commission (SEC) regarding the classification of XRP as a security. However, five days after the pump, BTC closed below $30,000 as buyers struggled to push the price…

Levered Bullish Longs Getting Liquidated as Bitcoin Market Softens

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Futures trading involves the use of leverage, meaning traders can take large long/short position by depositing a relatively small amount of money, called a margin, with the exchange providing the rest of the value. That exposes futures traders to liquidations – forced closure of long/short positions due to margin shortages often caused by the market moving against the direction of the levered bet. Original

Cardano price turns bullish, but is there substance to the ADA rally?

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Cardano experienced a remarkable price surge of 23.9% on July 13, leaving investors curious about the potential for further gains. This significant rally comes on the heels of a favorable judicial decision regarding XRP (XRP), leading many to question if Cardano (ADA) has what it takes to break above the $0.40 mark. Cardano 1-day price in USD at Coinbase. Source: TradingView There are three reasons to support Cardano’s bullish momentum, including its potential to integrate other blockchains, increased activity in decentralized applications (DApps) and the decreased regulatory risk, although the latest XRP…

Bitcoin halving bullish for Saylor’s MicroStrategy: Berenberg Capital

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The upcoming Bitcoin (BTC) halving is set to blow fresh wind in the sails of Bitcoin-focused stocks such as Michael Saylor founded tech firm MicroStrategy. In a research note shared with Cointelegraph, New York-based investment firm Berenberg Capital Markets explained its reasons for a bullish outlook on MicroStrategy (MSTR), which Berenberg has given a $430 price target. According to the analysts, MicroStrategy derives the bulk of its value from the 152,333 Bitcoin it held on its books as of June 28, adding that a Bitcoin halving rally could see its…

BlackRock bullish on Bitcoin, Gemini CEO’s ‘delusion,’ CEXs’ unhappy staff

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Top Stories This Week Larry Fink, the CEO of BlackRock, has recently delivered pro-crypto remarks, claiming “Bitcoin is an international asset” and suggesting U.S. regulators consider how an ETF directly linked to Bitcoin could democratize finance in the country. Under Fink, BlackRock has attempted to launch a spot BTC ETF with crypto exchange Coinbase acting as a surveillance partner. It’s unclear if the U.S. Securities and Exchange Commission (SEC) will approve the investment vehicle, given its track record of rejecting all previously filed spot BTC ETF applications to date. Gemini…

Investors bullish on Aave, InQubeta, and Filecoin despite inflation concerns

Many people are worried about inflation in the world’s financial markets due to the large amounts of money being spent by governments and central banks. This has led to renewed interest in cryptocurrencies to protect against the potential loss of purchasing power in fiat currencies. Even so, projects like Aave, InQubeta, and Filecoin have garnered substantial investor attention. Despite prevailing anxieties about inflation, these projects have sustained a positive sentiment among investors.  This article delves into the factors contributing to their optimistic outlook amid inflationary concerns. InQubeta: audited and secure…