Is $50,000 BTC the Beginning of a Bitcoin Supercycle?
As bitcoin reaches a new milestone all-time high, NLW asks whether we’ve broken out of a traditional halving-based market cycle to something bigger.
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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 […]
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A crypto analyst has noted that XRP has finally broken out of its long consolidation phase, signaling the onset of a major price rally. He further predicts that the XRP price is on the verge of ending an 11-year SuperCycle, which could pave the way for a surge to $3.4 once finalized. SuperCycle To Trigger $3.4 Surge Skyrexio, a TradingView crypto analyst, has released an XRP price analysis, forecasting a possible increase to $3.4. In the chart analysis, Skyrexio disclosed that XRP has recently broken out of its four-year consolidation period, potentially signaling the start of a bullish....
With little comfort on the daily chart, analysts once more zoom out to explain the lack of momentum on the market. Bitcoin (BTC) fooled no one with its criss-crossing of $40,000 on April 15 as traders remained firmly risk-off on BTC.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin returns to key 2022 Fib levelData from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing modestly after returning to the $39,500 zone on April 14.The move erased an impulse move higher from earlier in the week, underscoring the lack of bullish market momentum despite conspicuous....
Indicators point to the moon as an ailing macro economy provides a mass influx of retail investors into Bitcoin. Bitcoin (BTC) is looking increasingly like it is in a “supercycle,” not just a bull cycle, statistician Willy Woo suggests.In a Twitter exchange on Feb. 12, the popular analyst joined Dan Held, growth lead at U.S. exchange Kraken, calling the current BTC market a bull run like no other.Woo: Retail has arrivedHeld had previously explained his theory about the state of Bitcoin in 2021 — that price gains cannot be compared to past bull phases, and do not even match the end of 2017....