All Signs Point To A Bitcoin Liftoff—Here’s What The Experts See
Based on reports from analyst Moustache, Bitcoin may be gearing up for its next big move. The world’s largest cryptocurrency climbed above $105,000 for the second time this week. At press time, it was trading at nearly $104,000, up 0.50% over the past 24 hours. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst Reveals Key Insight Historical RSI Breakouts Could Signal New Push According to the charts shared by Moustache, Bitcoin’s monthly Relative Strength Index (RSI) tends to surge into overbought territory just before major rallies. Back in July 2013, Bitcoin sat at $66,....
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A panel of crypto industry experts says now is the time to sell dogecoin. The majority of the experts expect DOGE to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” said one of the experts on the panel, blaming Tesla CEO Elon Musk for the popularity of the meme cryptocurrency. Expert Panel on Dogecoin Losing All Value Price comparison portal Finder updated its dogecoin (DOGE) price predictions Wednesday. The platform explained that it measures expert predictions of the future price of dogecoin using weekly and....
Litecoin (LTC) has lately been experiencing significant momentum as it emerges from a protracted downtrend, causing quite a stir. Analysts are beginning to anticipate a promising future for the cryptocurrency, with some predicting that it could reach as high as $400 in the near term. A Quick Look Litecoin (LTC) is gaining momentum, with analysts targeting $400 due to its breakout from a long downtrend A potential Litecoin ETF and strong market signals boost its bullish outlook Stable utility and broader crypto market trends make LTC a key coin to watch Related Reading: Dogecoin To Hit $1?....
Bitcoinist asked digital currency experts Kim Dotcom, Reggie Middleton and Tone Vays to give us their thoughts on what we should expect from Bitcoin this year. 3 Prominent Experts Share Their Predictions. It would hard to find anyone who predicted Bitcoin could more than double in value in 2016. Even the most ardent proponents can only be so optimistic. My view of its price by year’s end went as high as $800 by year’s end, but I certainly didn’t see the afterburners coming in a December Bitcoin buying spree. Where do we go from here? Is there something that can affect the Bitcoin price in....
Bitcoin is showing signs of continuing its uptrend to claim a new record high, as per analysts at TradingShot.
After testing the $200 critical support point, the price of bitcoin dropped today to around $170, before rising up again to $191 at the time of writing of this article. By drawing a trend line between the high reached on the 3rd of December, 2013 ($1177) and the low reached on the 10th of February, 2014 ($102) and plotting the Fib Speed Resistance Fan on the daily BTC/USD charts, we can see the price bouncing off the 0.61 fan line in last October (the red circle on the above chart) and as of today, the price touched the 0.5 fan line (the blue circle on the above chart), which is considered....