Crypto analyst RWA Investor has predicted that Bitcoin will rally to $140,000 and XRP to $7, setting new all-time highs (ATHs) for these cryptos. The analyst also provided a timeline for when they will reach these targets and what will spark the parabolic rally. Analyst Predicts Bitcoin Rally To $140,000 And XRP to $7 In…
Tag: BTCUSDT
Bitcoin Power Laws Predicts When Price Will Hit $1,000,000
A crypto analyst, Zynx, on the X (formerly Twitter) platform, has shown where the Bitcoin price might be headed over the next few years using the Bitcoin Power Law. This law shows a steady upward trajectory, putting into perspective the performance of Bitcoin over a long period of time. Using this Power Law, the crypto…
Bitcoin Recovery Still Looks Like A Bear Market Rally, Analyst Says
A CryptoQuant analyst has explained how the recent Bitcoin recovery has still looked like a bear market rally based on signals in on-chain metrics. Bitcoin Recovery Has Come Alongside A Rise In The LTH Supply In a new thread on X, CryptoQuant community analyst Maartunn has discussed the recent recovery run that Bitcoin has witnessed.…
Strategy Overtakes BlackRock’s Bitcoin Holdings, But Is Saylor Done Buying?
Michael Saylor announced on Monday that Strategy had carried out another massive Bitcoin buy. The multi-billion-dollar Bitcoin purchase did not come as a surprise to the market, given that the company had already been raising more money to buy BTC leading up to the day. However, what is interesting is how much BTC the public…
The Bitcoin Playbook: Analyst Says These 4 Numbers Are Your Entire Week
Bitcoin enters the new trading week with a defined roadmap, as DeFi researcher and analyst, Sherlockwhale, how Bitcoin closes at the start and middle of the week. Bitcoin’s Weekly Structure Sets The Stage According to Sherlockwhale, Bitcoin ended last week near $76,000, reflecting a 7.2% increase from Monday’s opening price. While this suggests upward momentum,…
Bitcoin Price Gives Back Gains, But Structure Remains Bullish
Bitcoin price started a fresh decline from the $78,400 zone. BTC is consolidating and might struggle to stay above the $73,500 support. Bitcoin failed to stay above $76,500 and corrected gains. The price is trading below $75,500 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at…
Can Bitcoin Buyers Join The Breakout Party? Analyst Says Not Yet
Bitcoin seems to have finally broken out of weeks of stagnation with an 11% rally, signaling a notable shift in its market momentum. Expectedly, this move has drawn renewed attention from various market participants who may be eager to re-enter the market. However, an influential on-chain analyst has come out to explain why Bitcoin traders…
Bitcoin Breakout Confirmed, But Is It Real Or A Bull Trap?
Bitcoin has confirmed a breakout from its macro downtrend on the linear chart, signaling a potential shift in broader market structure. However, with the price now sitting at a key resistance zone on the logarithmic chart, uncertainty remains. The coming sessions will be crucial in determining whether this move develops into a sustained bullish trend…
Bitcoin Coinbase Premium Turns Red: Bearish Signal?
Data shows the Bitcoin Coinbase Premium Gap has edged into the negative territory, a sign that could prove to be bearish for the asset’s price. Bitcoin Coinbase Premium Gap Has Declined Recently As highlighted by CryptoQuant community analyst Maartunn in an X Coinbase Premium Gap” here refers to an indicator that measures the difference between…
Bitcoin Could See Short-Term Pullback Following Price Rebound — Analyst
On April 17th, Bitcoin rose by 2.77%, after Iran declared the Strait of Hormuz commercially open for the rest of its 10-day ceasefire with the US. With the market anticipating further upward movement, an on-chain analysis suggests a retracement could be the next event. On-Chain Metrics Signal Imminent BTC Pullback In a recent QuickTake post…