Why Bitcoin’s Previous Lows Won’t Repeat, According To This Analyst
Bitcoin (BTC), the reigning king of cryptocurrencies, is on the cusp of an exciting phase, according to prominent crypto trader Jason Pizzino. In his latest YouTube video, Pizzino delves into the intricacies of Bitcoin’s four-year cycle and shares his belief that the digital currency is unlikely to revisit its previous cycle lows. This analysis is […]
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A crypto analyst has presented a new analysis, forecasting Bitcoin’s (BTC) next all-time high and potential market bottom. According to the analyst, BTC’s long-term price outlook could depend heavily on where its current market bottom forms. The analysis draws on historical cycle patterns and bear markets that preceded BTC’s explosive upward rallies. Based on these patterns, the expert projects that if BTC has found a bottom near $60,000, then the next likely top could be around $200,000. Bitcoin Cycle Analysis Points To Final Market Bottom Crypto market expert Ardi has shared a new....
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 is holding above $75,000 as the market enters what is shaping up to be a decisive moment — a price level that has resisted multiple attempts at breakout and is now being tested again with a cleaner technical structure than any previous approach. The ascending pattern from the March lows looks constructive on the […]
Bitcoin could see in excess of 10x growth in the mid term should historical trends repeat for a third time, says ARK Invest's Yassine Elmandjra. Bitcoin (BTC) could reach almost $400,000 this bull cycle simply by copying previous behavior, one popular analyst has said.In a tweet on Feb. 4, Yassine Elmandjra, cryptoasset analyst at asset manager ARK, revealed just how early on in its current bull run BTC/USD really is. BTC price to $400,000?Compared to 2013 and 2017, the 2020-21 cycle is barely off the start line, with a hypothetical chart suggesting that the top this time around could be....
Crypto analyst Altcoin Sherpa has answered the question of whether or not the crypto market will witness a repeat of the meme coin supercycle that Dogecoin and other meme coins enjoyed in 2021. The analyst is optimistic that there would be a meme supercycle but not in the way many expect it. Will There Be […]