Bitcoin Analyst Explains Why Price Could Hit $56,000 And Beyond
Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The Blockroot.com founder said in a tweet published Tuesday that BTC/USD could keep on rallying higher based on two reasons. First, the recent approval of US President Joe Biden’s $1.9 trillion stimulus package in the Senate could assist […]
Related News
Bitcoin bulls should prepare for a price rally towards $23,000, according to an independent analyst.
The Ethereum price had hit a new all-time high above $4,900, but had quickly retraced as a result of heavy selling. This has since turned sentiment around the cryptocurrency toward the negative. However, not everyone is on the bandwagon as crypto analyst JACKIS believes that the digital asset is still bullish. In fact, the analyst explains that the […]
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 […]
Crypto analyst Matthew Hylan has commented on the Bitcoin price action as it continues to lag behind gold and the stock market. This comes as BTC suffers another downtrend despite recent bullish macro factors. Why The Bitcoin Price Is Lagging Behind Gold and The Stock Market In an X post, the analyst noted that the […]
A paused Bitcoin price rally has increased its probability of undergoing a major pullback, as per independent analyst Vince Prince.