
Analysts Predict Crypto Hype as Dollar Falls. Will New Crypto Like BTC Bull T...
Scott Bessent hasn’t wasted much time. The US Treasury Secretary expressed an intention to lower US interest rates in a recent video. And – while not entirely due to Bessent, of course – the US dollar is already showing signs of weakening, spurring hopes for Bitcoin ($BTC) and new crypto projects. A weakening dollar is […]
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Crypto analysts have used several on-chain metrics and indicators to analyze whether or not the Bitcoin top is already in for this bull run. This time, crypto analyst Thomas has alluded to USDT’s dominance to determine Bitcoin’s market top. How USDT’s Dominance Predicts The Top For Bitcoin Thomas claimed in an X (formerly Twitter) post […]
AAVE was trading higher on Friday, continuing a rebound that followed a massive 45 percent price crash between October 15 and 21. The decentralized finance token rose by up to 9.87 percent to establish an intraday high above $40. Its latest upside move brought its total retracement up by circa 25 percent, leading analysts to […]
Bitcoin's short-term downside correction is less likely to outweigh its long-term bullish bias (as long as the US dollar stays bearish).
The Google trends data for the search term “Bitcoin” shows that the curve today is similar to that of the 2017 bull market. Can Google Trends Predict A Bull Market? As pointed out by Twitter user Bitcoin Archive, the Google Trends graph for “Bitcoin” matches up with the last leg up for the 2017 bull […]
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, predicts that Bitcoin will hit $100,000 by 2025 and says that he expects the cryptocurrency market to flourish as a “revived bull market.” Popular trader Credible Crypto shares McGlone’s fearless forecast. . Last month, Credible Crypto published an updated forecast for Bitcoin’s price trajectory, pointing to BTC […]