Bitcoin Price Won’t Nuke Below $25,000, Analyst Explains Why
Bitcoin has the least possibility of crashing below $25,000 now that institutional involvement in the space is hitting a record high, says Ki-Young Ju.
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Bitcoin at $100,000 has become somewhat of a generally agreed-upon peak for the current cycle. Various analysts have put the digital asset at this point before the end of the year, painting a rather bullish future for BTC. With Bitcoin’s recent touch at $69,000, this price point is looking more likely by the day. However, not everyone thinks that the asset will hit $100,000 in 2021. One of these is analyst Nicholas Merten. Merten has disagreed with the predictions for the digital asset that puts the year-end price at $100,000. According to the analyst, this is an overly optimistic target....
Bitcoin bulls should prepare for a price rally towards $23,000, according to an independent analyst.
A paused Bitcoin price rally has increased its probability of undergoing a major pullback, as per independent analyst Vince Prince.
Crypto analyst Fiery Trading has revealed a very bullish outlook for the Cardano (ADA) price. The digital asset which has been having a reasonably good run over the last few weeks is expected to shatter expectations as the analyst puts the price at $35. Crypto Analyst Predicts 8800% Climb To $35 For ADA Fiery Trading’s latest Cardano (ADA) prediction right be one of the most bullish for the digital asset this year. ADA, the native token of the Cardano network, is currently trading at $0.388 and if the crypto analyst’s prediction proves true, then it’ll be an 8,800% rise to $35. Related....
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000. Bitcoin (BTC) underwent a weak rebound on Sep. 21, and the U.S. dollar jumped to a new yearly high as investors await today's Federal Open Market Committee's interest rate decision.BTC price hold $19K ahead of Fed decisionBTC's price has managed to cling on to $19,000 with a modest daily gain of 1.33% . Meanwhile, the U.S. dollar index (DXY), which measures the greenback's strength versus a pool of top foreign currencies, rose to 110.86, the highest level in twenty years.BTC/USD vs.....