Bitcoin May Hit $100,000 Soon on “Wildly Bullish” Sentiment: Analyst
A flurry of optimistic updates hitting the Bitcoin market this Monday has prompted one analyst to see a speedier price rally towards $100,000. Dr. Jeff Rose, the founder/CIO of Vailshire Capital Management, envisioned the flagship cryptocurrency at the six-digit valuation. At the core of his bullish analogy was a classic technical pattern brewing up on […]
Related News
Bitcoin dropped immensely after setting up a record high of $64,896.75 as some traders decided to secure short-term profits. The correction nevertheless did little in offsetting the benchmark cryptocurrency’s upside bias. Analysts remained convinced that the BTC/USD exchange rate would rebound from its sessional lows to pursue its uptrend as it was. One of them […]
Consolidation after fresh all-time highs means now is the time to buy BTC in “wildly bullish” conditions, argues Vailshire Capital. Bitcoin (BTC) looked set to retest previous all-time highs on Thursday as a fund manager called it a “great opportunity to buy.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCointelegraph Markets Pro and TradingView showed a 3.3% daily comedown for BTC/USD taking aim at new support levels on Thursday.Bitcoin outlook “wildly bullish”After surging to nearly $65,000 on Monday, Bitcoin began to consolidate in a new range as the buzz around Coinbase’s....
In a detailed chart analysis of the XRP/USD trading pair, seasoned crypto analyst Dark Defender has shed light on several significant indicators that point towards a bullish trajectory for the popular cryptocurrency. Taking to Twitter to share his insights, Dark Defender remarked, “Morning All. Hope you had a great weekend. XRP in the daily time frame is still within our price range. Above $0.52 – $0.55 is a challenge, first to break the resistance & stay above the Ichimoku Clouds.” This sentiment aligns with the depicted interaction of XRP with the Ichimoku Cloud on the....
Crypto Assets Guy, a prominent voice in the digital currency landscape, ignited discussions today with a tweet championing XRP. Drawing upon a mix of legal stances, technological advancements, and market dynamics, he crafted a detailed discourse on why he believes the token’s future is luminous. Bullish On XRP: Reasons #1 And #2 The first reason to […]
One word to describe the current state of the community when it comes to the XRP price is ‘bullish’. This extreme state of bullishness is spurred on by crypto analysts far and wide presenting various bullish scenarios, with some expecting the XRP price to reach as high as $10,000. Once again, crypto analysts are seeing […]