Bitcoin On Road to Hit $30,000 by May 2022, Analyst Asserts

Bitcoin On Road to Hit $30,000 by May 2022, Analyst Asserts

There are more reasons to hold Bitcoin than to sell it for short-term gains, according to independent financial consultant Alan Masters.

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Bitcoin to Hit $60-64K Soon, Asserts Analyst Despite Price Dip

An ongoing bull run in the Bitcoin market might extend until the price hits $60,000-64,000 area, asserts an independent analyst. The pseudonymous entity tweeted Wednesday that BTC/USD needs to hold support above $42,000 to validate its prolonged bullish setup. On the other hand, slipping below the said price floor would signal bearish deviation. “As long […]

Bitcoin At Risk of “Faking Out” As Price Hovers Near $60,000, Analyst Asserts

A recent wild run-up in the Bitcoin market faces risks of faltering as traders hesitate to buy the cryptocurrency at higher rates, asserts Marc Principato.

Bitcoin (BTC/USD) Will Not Crash Below $36,000, Asserts Forex Analyst

The forex analyst highlighted higher accumulation near the said price level by the richest 100 bitcoin wallet holders.

Bitcoin Has Been in a Bull Run Since 2019—and There’s More to Come: Analyst

Bitcoin has undergone a strong drop since its $12,500 highs set in August. The coin now trades for $10,500, having dropped as low as $9,800 just a few weeks ago. Bitcoin is currently consolidating between $10,000 and $11,000, barely deviating from this range. Some fear that this price action is a precursor to another capitulation event, as seen in late 2018. One on-chain analyst asserts that this is not the case: he says that Bitcoin […]

Bitcoin Will Not Go Down Below $28,000, Asserts On-Chain Analyst

Many traders agree that the pair could continue its move lower, forming a potential Head and Shoulder pattern, a bearish reversal structure.