Crypto Analyst Predicts Bitcoin Decline From Here, But What Happens Next?
The Bitcoin price has crashed back toward the $56,000 level after a brief pump triggered by the CPI data release on Thursday, showing that inflation rates came out at 3%, lower than expected. This bearish trend has continued despite desperate attempts from bulls to keep the price up. Even then, one crypto analyst does not believe that the decline is done and expects the fall to continue from here. Bitcoin Dump Far From Over A crypto analyst on the TradingView website, who goes by the pseudonym ‘Luca VIP,’ has expressed bearish tendencies for the Bitcoin price going forward. In the....
Related News
Strong moves from Bitcoin this week have rekted altcoins in the process. In the last 24-hours, the leading crypto posted +8% gains to $18.2k. With its current run of form, many analysts expect Bitcoin to break its previous all-time high soon. Analyst ConnorNix predicts we’ll see a retest of $17.1k, followed by an upswing to […]
After a harsh correction period, the mysterious analyst known as PlanB predicts Bitcoin will reach unexplored heights. That’s what his famous and often quoted Stock-To-Flow or S2F model predicts, and so far everything seems to be going according to plan. PlanB, that is. The analyst behind the pseudonym refers to “the point of no return,” […]
Crypto analyst Zach Humphries has made a bullish case for Shiba Inu (SHIB), predicting that the crypto token could rise to as high as $0.00014 in this market cycle. The analyst also warned against having too many expectations from the meme coin, suggesting that it is unlikely to have the kind of run it did […]
Crypto analyst Javon Marks has remained a long-term believer in the XRP potential despite the crypto token’s underperformance since the start of the year. The analyst has again provided a bullish narrative for XRP, predicting that a massive rally is on the horizon. XRP Could Be Rise Between $15 and $20 Following Major Breakout Marks […]
In a bold forecast, a crypto analyst predicted that Bitcoin (BTC), the world’s largest cryptocurrency will witness a massive 500% surge to $330,000. Considering how ambitious this price target is, the analyst’s bullish projection has caught the attention of various members of the crypto community. Analyst Predicts Bitcoin’s Rally To $330,000 On July 10, Arsen […]