Bitcoin Analyst Warns Price Could Dip Below $20,000; Here’s Why
The cost of one Bitcoin could end up plunging below its 2017’s record high of $20,000. That is, according to a pseudonymous analyst, who determined the cryptocurrency’s bearish outlook based on a classic head and shoulder pattern. As of early Wednesday, BTC/USD had painted four out of five key components that confirm the said reversal indicator. They included three peaks with the middle one larger than the others, supported by a so-called neckline. “If we […]
Related News
A recent analysis by a Bitcoin analyst has thrown cold water on the possibility of the Shiba Inu price hitting the $1 mark. The analyst firmly dismissed the idea, suggesting that it is highly unlikely, if not downright impossible. Related Reading: Crypto Analyst Warns Dogecoin Price Correction Was A False Breakout, Calls 30% Crash Why […]
According to on-chain analyst James Check, Bitcoin may face a political crisis as much as a technical one if powerful quantum computers arrive. Related Reading: Ripple’s Big Ambition Revealed By CEO: A Future Challenger To JPMorgan? He warns that the hard part will not be the math but getting the Bitcoin community to agree on […]
Two weeks ago, crypto analyst Tolberti made headlines for his incredibly bullish Bitcoin price outlook. The analyst is back again with another prediction and this time around, he is telling investors to get into the market with reasons to back it up. Last Chance To Buy BTC In a recent post on Tradingview, crypto analyst Tolberti sounded a warning alarm that this is the last chance for investors to buy Bitcoin. The reason for this, according to Tolberti, is that the Bitcoin price is headed toward a massive rally. Related Reading: How Have Ethereum Futures ETFs Fared So Far? Data Reveals....
Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.
Crypto analyst Austin Hilton has warned that a battle is happening around XRP as the token struggles to recover. The analyst says this fight isn’t only about XRP’s price. At the center of it are Ripple, the company behind the XRP token, and SWIFT, the old network banks use for international transfers. In the video […]