Bitcoin Analyst Warns About “First Real Crash” as Price Hits $16,000
Bitcoin managed to hit $16,000 on Wednesday after repeatedly eyeing the psychological resistance level for weeks.
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Bitcoin prices climbed above $60,000 for the first time in two weeks, raising prospects that the cryptocurrency would keep rising into the new quarter after closing the previous one almost 100 percent higher. Nevertheless, analyst Robbie Liu noted that the recent Bitcoin rally has resulted from “overheated retail action.” The OKEx researcher highlighted rising premiums […]
Bitcoin bulls should brace for an impact from traders holding larger quantities of the cryptocurrency tokens, warns Robbie Liu.
Analysts think that Bitcoin may be primed to hit $20,000 after passing $14,000. An analyst said that it is just a “matter of time” before new all-time highs. Raoul Pal, CEO of Real Vision and a former hedge fund manager, agrees with this sentiment. Bitcoin Could Soon Hit $20,000, Macro Chart Shows Analysts think that Bitcoin may be primed to hit $20,000 in the near future (meaning next couple of weeks or months) after breaking […]
An ongoing bull run in the Bitcoin market might extend until the price hits $60,000-64,000 area, asserts an independent analyst. The pseudonymous entity tweeted Wednesday that BTC/USD needs to hold support above $42,000 to validate its prolonged bullish setup. On the other hand, slipping below the said price floor would signal bearish deviation. “As long […]
Prominent crypto analyst Egrag has continued to maintain a bullish stance on the XRP price. This time, he is predicting the crypto token to reach unprecedented heights in terms of its market cap and its price. XRP Price When It Hits $1 Trillion Market Cap In a post shared on his X (formerly Twitter) platform, […]