Will Bitcoin Enter Its Most Massive Bull Cycle? This Engineer Thinks So
Although Bitcoin is having a rough moment this week, with prices oscillating between $93k and $96k, at least one popular crypto commentator is predicting a massive price run soon. According to Ted Boydston, the market should prepare for a manic bull run in the coming days, with Bitcoin’s price targeting $225k. Related Reading: Bitcoin As A Strategic Asset? CryptoQuant CEO Questions US’s Next Move Boydston highlights the price oscillator on M2, which offers real-time buy and sell signals for traders and investors. He then explained that the tool recently displayed a buy signal. And if....
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The CEO at on-chain analytics firm CryptoQuant has declared the end of the Bitcoin bull cycle, but this analyst has provided a counterpoint. Realized Cap Could Provide Hints About What’s Next For Bitcoin In a post on X, CryptoQuant founder and CEO Ki Young Ju has explained why the bull cycle could be over for […]
Is ETH better currency than BTC? A software engineer thinks it is. We beg to differ.
Why this bitcoin price bull run could be the market cycle that takes us from gradually to suddenly reaching hyperbitcoinization.
Bitcoin price is still trading at more than $25,000 less than the local highs set earlier in the year, and bulls have a lot of ground to reclaim. However, the lost ground might not be so bad after all, as it has brought the current market cycle a lot closer to past bull cycle comparisons, which could shed some light on what’s left for Bitcoin in terms of price action in the months ahead. Bitcoin Collapse Puts Market Cycle On Par With Previous Bull Run Following a sharp more than 55% decline across the board in cryptocurrencies – even the top dog Bitcoin – the market is....
The crypto gains are coming in, but how long will it last? How long will crypto’s current season of prosperity last? Ari Paul, chief information officer at BlockTower Capital, thinks the bull run has at least nine more months. In a tweet on Feb. 4, Paul said the industry is currently in the “7th inning of the crypto bull market.” He added:“This is where we get ongoing, dizzying rotation. BTC up, then when BTC takes a breather, ETH and some largecaps (and in this regime, defi bluechips), then smallcaps, rinse and repeat. Of course, throw in some 30-60% retracements for fun.”Paul’s comments....