Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As 2024 nears its end, the crypto market is heating up. Discover the top three cryptocurrencies poised for substantial growth. As 2024 approaches its end, the cryptocurrency market is heating up with new opportunities. Certain digital currencies are positioned for impressive growth. This introduction reveals the top three cryptocurrencies that could deliver substantial returns in the last quarter. Dive in to discover which assets might lead to significant gains…
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On-Chain Indicator Signals Bitcoin Cycle Top Is Far Ahead – Data Confirms Bullish Outlook
Este artículo también está disponible en español. Bitcoin currently ranges between $65,000 and $69,500 following two weeks of bullish price action, sparking renewed optimism among analysts and investors. The prevailing sentiment is that BTC is on the verge of reaching new all-time highs in the coming weeks, with confidence building that March’s cycle top predictions may have been premature. Related Reading Key metrics from CryptoQuant reveal that Bitcoin is still far from typical cycle-top conditions, instead signaling a bullish outlook as we move into November. As the U.S. election approaches…
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street to replace Satoshi as the top Bitcoin wallet,” they noted. Bitcoin […] Original
Predictions Of Cycle Top And Next Bear Market Bottom
Este artículo también está disponible en español. As Bitcoin (BTC) experiences a minor correction, trading below the critical $66,000 support level after several unsuccessful attempts to breach the $70,000 mark, analysts observe significant technical indicators that may signal future price recoveries. Notably, BTC’s weekly Moving Average Convergence Divergence (MACD) has turned bullish for the first time since October 2023. This shift in the MACD parallels previous market behavior, particularly the substantial rally in the 2021 bull market. Current Bitcoin Trends Echo 2021 Rally, New ATH Possible Crypto analyst CryptoBullet has…
Bitcoin Profitability Index Hits 202%: Is This Enough For A Top?
On-chain data shows the Bitcoin Profitability Index is at 202% right now. Here’s how this compares with past bull runs of the asset. Bitcoin Average Profitability Index Has Been Rising Recently In a new post on X, CryptoQuant author Axel Adler Jr. discussed the latest trend in the Average Profitability Index of Bitcoin. The “Average Profitability Index” is an on-chain indicator that tells us about how the spot price of the asset compares against its realized price. The “realized price” here is a measure of the cost basis of the…
Ethereum Bullish Breakout Confirmed – Top Analyst Predicts $3,400 Target
Este artículo también está disponible en español. Ethereum (ETH) trades above $2,600 after a 5% retrace from local highs around $2,750. Over the past two weeks, ETH has maintained a bullish trajectory, sparking optimism across the market as investors look for further signs of strength in the price action. Top analyst and investor Carl Runefelt recently shared a technical analysis, highlighting that Ethereum has broken out of a bullish pattern that began forming in early August. According to Runefelt, once ETH confirms solid demand around its current level, it’s only…
Top Crypto Analyst Unveils Plan To ‘Make Millions’ By March 2025
Este artículo también está disponible en español. Crypto analyst Miles Deutscher, boasting 550,000 followers on X, has released a new video titled “My Plan To Make Millions In Crypto By March 2025! [Fool Proof Strategy].” In this analysis, Deutscher outlines his strategic approach to navigating the current crypto bull run. The Start Of The Bitcoin Bull Run First, Deutscher highlights the bullish outlook for Bitcoin, particularly on the monthly chart. “We have been consolidating above the high that we made in 2021 in February for a matter of eight months…
Solana Struggles To Break $160 Resistance As Top Analyst Predicts A Coming Surge
Este artículo también está disponible en español. Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under recent upward pressure. The crypto community is closely watching these developments, as breaking through this key resistance could lead to substantial gains for the altcoin. Related Reading Top…
$20B Flows Into Bitcoin ETFs Since January – Wednesday’s Top Players Revealed
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another high-activity trading session, pulling in $458.54 million in gains. Meanwhile, ether ETFs also saw inflows, with $24.22 million moving into the nine funds. U.S. Bitcoin and Ether ETFs Absorb Millions – A Key Shift in Market Dynamics Data from sosovalue.xyz showed that $458.54 million was […] Original
Bitcoin Extreme Greed Is Nearly Here: Will This Lead To A Top?
Data shows the Bitcoin market sentiment has nearly turned to extreme greed as the cryptocurrency’s price has rallied to the $68,000 mark. Bitcoin Fear & Greed Index Is Currently Inside The Greed Region The “Fear & Greed Index” is an indicator created by Alternative that tells us about the average sentiment present among traders in the Bitcoin and wider cryptocurrency markets. This index makes use of the data of the following five factors in order to determine the sentiment: trading volume, volatility, social media sentiment, market cap dominance, and Google…