Will Bitcoin Shoot Over $40,000 — Or Drop To $35,000?
The king of cryptocurrency, Bitcoin, has slumped below its price support following crucial development on EPA environmental issues and other factors. Bitcoin price is now at $38,832.74 as of this writing. Now, many bitcoin experts are worried that Bitcoin’s price could plummet further as it struggles to hold onto the $38,000 price level. Suggested Reading | What’s In A Name? Ethereum Domain Name Sales Climb 2,300% Profit-Taking Culprit For Bitcoin Slump More so, profit-taking may have some impact on why Bitcoin is straining to breach the $40,000 mark. Support at the $38,000....
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Bitcoin failed to shoot past $50,000 on Sunday despite a growing bullish sentiment towards the said upside target.
Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish. ETH will need to hold a crucial support level in the $300 range, then decisively surmount the year-to-date highs around the high-$400s. Institutions are getting bullish alongside technical analysts. Grayscale Investments recently revealed that it has accumulated 2% of […]
Bitcoin is remaining at around the $230 mark. Yesterday, it was reported that the price had dropped to this amount, but today no further drop has been witnessed just yet. It's staying where it is, and considering the fact that drops have been occurring daily over the past week, staying at $230, despite the mediocrity behind such a stance, suddenly feels like a good thing. Is stabilization on the way? Could staying where it is be a sign of some sort that bitcoin is finally starting to strengthen its defense systems and make its way out of the foxhole? It's a little too early to tell,....
Ethereum is expected to shoot higher in the weeks ahead despite the recent price consolidation. The cryptocurrency has held well in the high-$500s despite some downward pressure in the Bitcoin price. Analysts think that ETH could push toward $900 and beyond in the near future, especially due to the positive fundamental event of the ETH2 launch. Boosting Ethereum’s prospects, analysts are also bullish on Bitcoin. Ethereum Could Shoot Even Higher, Leading Analysts Say Ethereum is […]
Solana (SOL) is said to soar to $60 under the best circumstances or with Bitcoin holding up its current green state, this is according to a tweet made by trader Altcoin Sherpa who has over 180,400 followers on Twitter. While Altcoin Sherpa is confident about the performance of SOL, he has qualms about the strength of the crypto. Further, Altcoin Sherpa still thinks SOL is extremely bearish as of press time but there is still a healthy degree of trading opportunity. SOL is currently trading at $43.87, up 18% in the last seven days, based on figures by Coingecko, Friday. The token had an....