The Bitcoin price has soared to historic highs this year, but not everyone believes the rally will last. A new warning from a crypto analyst suggests that the world’s largest cryptocurrency could be on the verge of a dramatic price crash, with the possibility of erasing nearly all of its gains and tumbling back to levels not seen in years. Why A 90% Bitcoin Price Crash Could Be Ahead In a recent interview on the David Lin Report, a financial news channel on YouTube, Bloomberg Intelligence senior commodity strategist Mike…
Tag: Price
Bitcoin price prediction: BTC range-bound between $108K–112K
Bitcoin is holding steady around $110,900 today after a choppy August filled with price swings and macroeconomic jitters impacting the current Bitcoin price prediction. Things seem to be settling down, with sentiment improving on the back of ETF inflows, a more optimistic macro picture, and increased action in the derivatives market. Traders are watching $112K as a key resistance level, and $108K as nearby support, as Bitcoin trades in a tight range. So, what’s the Bitcoin outlook going forward? Summary BTC holds steady around $110,900 after a volatile August, with…
Bitcoin Price Watch: BTC Holds the Line at $110.5K—Is a Rally Imminent?
Bitcoin is currently priced at $110,700 to $111,010 over the last hour, with a total market capitalization of $2.20 trillion. Over the last 24 hours, bitcoin recorded a trading volume of $36.27 billion, fluctuating within an intraday range of $110,344 to $112,502. Bitcoin On the daily chart, bitcoin appears to be entering a consolidation phase […] Original
SHIB Burn Rate Soars 6,000%: Analyst Sees 17x Price Surge
Key Notes SHIB trades near $0.00001220, down 3% this week but eyed for a 17x surge. The token burn rate jumped over 6,260% in just 24 hours. 4.55 million SHIB tokens were destroyed permanently in the past day. Canine-themed meme coin Shiba Inu SHIB $0.000012 24h volatility: 1.5% Market cap: $7.22 B Vol. 24h: $153.25 M is currently trading near $0.00001220, down around 3% in the past week, yet analysts are pointing to a potential 17x surge. This optimism comes as the token’s burn rate went up by over 6,260%…
Average Monthly Returns Says XRP Price Could Fly High In September
Historical data provides a bullish outlook for the XRP price this month, with the altcoin likely to record significant gains based on past performance. Specifically, the average monthly returns show that XRP could even record double-digit gains. Average Monthly Returns Point To Notable Gains For The XRP Price Cryptorank data shows that the XRP price has historically recorded an average monthly return of 13.8% in September. This suggests that the altcoin could again record positive returns this time around, especially as it looks to reclaim the psychological $3 level. Meanwhile,…
Bitcoin Price at a Make-Or-Break Junction, Whale Influence Drops
Key Notes Analyst Benjamin Cowen noted that post-halving Septembers historically mark a local low for BTC before a Q4 rebound. A possible 25 bps Fed rate cut at the September 17 FOMC meeting could inject liquidity into markets, pushing Bitcoin price higher. Regional liquidity, particularly from Asia and the US, continues to influence short-term price movements. Following a volatile past week, Bitcoin BTC $110 973 24h volatility: 0.4% Market cap: $2.21 T Vol. 24h: $36.22 B price is now finding support at $110,000, and faces a make-or-break situation ahead. For…
XRP Price Recovery Fails – Is It Doomed for Another Collapse?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
ONDO Price Skyrockets As Over 100 Tokenized Assets And ETFs Are Set For Ethereum Debut
Ondo Finance, a Layer 1 (L1) blockchain protocol, has recently announced the launch of Ondo Global Markets, designed to enable non-US investors to access over 100 tokenized US stocks and exchange-traded funds (ETFs) on the Ethereum (ETH) blockchain. Following this announcement, the price of Ondo’s native token, ONDO, surged over 6% close to the $1 mark after opening the week at $0.86, aligned with the broader crypto market’s correction. Founder Calls Ondo Global Markets A ‘Breakthrough’ According to the protocol’s press release, Ondo Global Markets aims to provide one of…
Ethereum Price Recovery Faces Test – Will Resistance Stop the Rally?
Ethereum price started a fresh recovery wave above the $4,350 zone. ETH is now facing hurdles near $4,500 and might struggle to continue higher. Ethereum is still struggling to recover above the $4,500 zone. The price is trading above $4,400 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,500 level in the near term.…
Bitcoin Price Recovery Underway – But Momentum Tells a Different Story?
Bitcoin price is attempting a recovery wave above $111,000. BTC is now rising and might gain pace if it clears the $112,500 resistance level. Bitcoin started a recovery wave above the $111,200 zone. The price is trading above $111,200 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at $111,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $112,500 zone. Bitcoin Price Extends Recovery Bitcoin price started a…