The Best Place to Short Bitcoin is Above $14K, Analyst Explains Why
Bitcoin bulls will enjoy domination over the market until its price breaches the $14,000-mark, according to Eugene Loza of EXCAVO.
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Those who plan to short the ongoing bull run must think twice, as per on-chain analyst Kim-Young Ju. The chief executive of CryptoQuant, a data analytics firm, said in a Thursday tweet that traders have no reason to place bets on Bitcoin’s potential fall. He explained that despite the cryptocurrency’s short-term downside correction from its […]
Crypto analyst Fiery Trading has revealed a very bullish outlook for the Cardano (ADA) price. The digital asset which has been having a reasonably good run over the last few weeks is expected to shatter expectations as the analyst puts the price at $35. Crypto Analyst Predicts 8800% Climb To $35 For ADA Fiery Trading’s latest Cardano (ADA) prediction right be one of the most bullish for the digital asset this year. ADA, the native token of the Cardano network, is currently trading at $0.388 and if the crypto analyst’s prediction proves true, then it’ll be an 8,800% rise to $35. Related....
A paused Bitcoin price rally has increased its probability of undergoing a major pullback, as per independent analyst Vince Prince.
After the market crash that sent the Bitcoin price falling toward $100,000, the XRP price also saw a notable decline, and this crash has brought it toward an important level. While the digital asset continues to hold above the $2.1 level, it remains critical support and a break below this could be negative for the price. This is outlined by crypto analyst The Alchemist Trader, who has shown what direction the XRP price could be headed in depending on what happens here. XRP Price Threatens Major Support Level After the almost 4.5% decline that ravaged the XRP price over the last week, it....
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 […]