People Are Not Ready For Bitcoin; Analyst Reveals What’s Coming Next
After setting a new all-time high back in early October, the Bitcoin price entered into an extended downtrend period, losing over $40,000 of its value to drop below $90,000. During this time, sentiment and market participation have understandably been negative, with investors pulling back from the cryptocurrency. However, with the year drawing to an end, a crypto analyst has explained what is expected for Bitcoin next, and why investors aren’t ready for what’s coming. Why Bitcoin Price Could Be Gearing Up For A Big Move Pseudonymous analyst Crypto Waterman took to X to outline the reasons....
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Bitcoin is still seeing an impressive run but speculations on where the asset is headed next are running wild. A crypto analyst has shared their own expectations for the leading cryptocurrency, considering both sides of the coin and the possible price marks it can achieve. Bitcoin Price Gunning For $40,000 In an extensive analysis, crypto analyst and trader FieryTrading has mapped out how the Bitcoin price could reach $40,000. The analysis which was posted on TradingView starting November 8 points out the fact that the BTC price has continued to trade in a tight bullish channel since....
Crypto analyst Alan Santana has been continuously bullish on the XRP price and has previously predicted a breakout for the digital asset. With the rise in the crypto market over the last day, the analyst’s prediction of a surge has come to pass. Now, in an update, Santana reveals what is next for the beloved […]
Dutch crypto analyst Gert van Lagen has shared an audacious bullish prediction of Bitcoin for the current bull cycle. This development comes amidst a continuous consolidation in the BTC market marked by no substantial price action in the past day. Related Reading: Bitcoin Open Interest Reveals Plenty New Positions Have Been Opened – Analyst Expects […]
Crypto analyst Master Ananda has asserted that the bottom is in for the Bitcoin price following its massive crash below $80,000 last week. In line with this, the analyst revealed what to expect next from the flagship crypto. Bitcoin Price Action Shows Bottom Is In In a TradingView post, Master Ananda claimed that the bottom is in based on the current Bitcoin price action. He stated that last week’s drop, touch-and-go, is the perfect bottom signal. The analyst further remarked that $78,300 can be taken as the bottom, which represents a 28% decline from BTC’s all-time high (ATH) of....
Scandinavian countries are looking forward to the development of Bitcoin and blockchain technologies. Jaakko Hynynen, CEO of the Startup Sauna Accelerator, told CoinTelegraph at the Slush conference that Nordic countries are ready to adopt Bitcoin and blockchain. However, there is a lack of market research which is causing the technology to develop slower. Nevertheless, Viking descendants realize the disruptive potential of Satoshi’s invention, which could change many aspects of life beyond currency. Jaakko Hynynen expressed that Bitcoin and blockchain technologies have a great potential....