
Analyst Explains Why Bitcoin Could Fall Below $15K During Q4
Bitcoin emerged victorious in the week that saw its safe-haven rival Gold taking a dip amid decreasing investors' appetite for risk-off assets.
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A $1,300-weekend pump in the Bitcoin market is not enough to guarantee further gains as the new week kicks in.
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 […]
A paused Bitcoin price rally has increased its probability of undergoing a major pullback, as per independent analyst Vince Prince.
Bitcoin bulls should prepare for a price rally towards $23,000, according to an independent analyst.
Any attempts from Bitcoin to secure higher price levels may fall short as long as its correlation with the US stocks sustains. So predicts Ronnie Moas, a stock market analyst heading Florida-based research firm Standpoint Research. He said in an early Thursday tweet that Bitcoin might fall by another $400 (or more) in the coming sessions. The expected downside move should come if the Wall Street indexes correct lower by 10-20 percent. “Bitcoin has been […]