Brace For Impact: A Dot Com Magnitude Crash To Rock The Crypto Market?
The crypto market has been through a rollercoaster of a weekend. It follows on the back of bitcoin listing its footing above the $40,000 level last week, although the digital asset has done a good job holding above the $36,000 support level. However, it seems that the end of this bear trend may not be near given some recent chart action happening in the stock market. If this prediction comes to fruition, then the market may see more value shaved off its market cap soon. A Dot Com-Like Crash? Peter Brandt has recently posted a concerning chart that shows eerie similarities to the dot com....
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Ethereum remains one of the most successful cryptocurrencies in the market, although its current price does leave a lot to be desired. It has not been spared from the general market downtrend that has rocked the crypto space and has since lost its footing above $3,000, a crucial point for the digital asset. Nevertheless, it seems the future is not at all gloomy for the second-largest cryptocurrency going by reports from a Finder’s panel. Ethereum To Surge 100% A recent Finder’s panel made up of industry experts has released an extremely bullish long-term outlook for the cryptocurrency. The....
Following the Bitcoin price crash toward $60,000 in early February, the question on the lips of every investor is when the bleed will end. To this end, a number of analysts have shared their expectations and predictions for where the Bitcoin bottom might be. Some have posited that the worst is over, while others have suggested that there are still more crashes to come. Following the latter trend, crypto analyst Plan C has shared why they believe the Bitcoin price has finally reached a bottom. Bitcoin 80-90% Crash Not Possible This Time Around In previous cycles, when the Bitcoin market had....
Amidst recent fluctuations in the Dogecoin price and its market crash, a crypto analyst has shared a bullish forecast for this number one meme coin, identifying key support and resistance areas that could dictate its future price trajectory. The analyst has identified a “rock solid” support zone for Dogecoin, signaling a potential rally to new […]
Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto market. Market Expert Predicts 32% Crash In Stock Market Berezin mentioned in an interview that the S&P 500 will decline by 32% and drop to 3,750 by next year. He explained that this downtrend would occur due to a recession in the US, which he predicts could happen at year-end or early 2025. He claimed that the reduction in consumers’ spending is....
A crypto analyst has predicted another devastating Bitcoin price crash that could see the leading cryptocurrency slide back below $85,000. With its weak performance over the past few months and price action showing signs of exhaustion, the analyst has predicted that the next major support level lies more than 33% below all-time highs. Analyst Breaks […]