Bitcoin Sentiment Hits New High—Will Prices Follow?
An analytics firm suggested that Bitcoin might be heading to another bull market as the hype around meme coins starts to fade and the crypto community regains its interest in the flagship crypto and other top Layer-1 protocols. Santiment acknowledged that the crypto community’s shift to Bitcoin could indicate market maturity, creating renewed optimism in […]
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Clif High’s estimation that three ounces of gold would be equal to a Bitcoin in price by this time next year remains a bizarre proposition that is not impossible to achieve. In a way, a predicted Bitcoin price rise from a meager $1180 to more than $13,000 seems attractive and the technicality of how that would be the case defies common understanding of the law of demand and supply. It could be a repeat of the 1979/1980 scenario. This link to a historical event particularly fits in with the fact that High’s data sets have been proven accurate in other instances and his latest estimate show....
Avalanche rallied to a four-week high on Friday, as prices moved close to a key resistance level. The token hit a ceiling of $17.70 earlier in today’s session, which comes following several days of gains. Dogecoin also maintained recent sentiment, as prices climbed for a fourth straight day. Avalanche (AVAX) Avalanche (AVAX) rose to a one-month high on Friday, closing in on a key resistance level in the process. Following a low of $16.83 on Thursday, AVAX/USD made a move to a peak of $17.70 earlier in today’s session. This surge in price sees AVAX hit its highest point since September 27,....
Shiba inu remained close to a three-month high to start the week, after breaking out of a key resistance level over the weekend. The surge of the meme coin came despite the crypto market mostly being in the red on Monday. Another token that rose during today’s bearish session was unus sed leo, which hit a two-week high.
Shiba inu (SHIB)
Shiba inu (SHIB) was a notable gainer to start the week, as the meme coin remained near to a three-month high.
Following an intraday high of $0.00001790 on Sunday, SHIB/USD rallied to a peak of $0.00001774 earlier in....
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off.
Bitcoin
BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day.
Following Wednesday’s low of $19,848.08, BTC/USD rose to an intraday high of $20,835.75, earlier in today’s session.
This move comes as bulls seem set to....
Dogecoin and Shiba Inu prices are falling today as the year draws to a close, sparking bearish sentiment among investors. This price drop is thanks to the sentiment in the broader crypto market and macroeconomic developments. Why The Dogecoin And Shiba Inu Prices Are Falling Today CoinMarketCap data shows that the Dogecoin and Shiba Inu […]