Institutional traders are betting that Bitcoin will surge to $79,300 by the end of November. This bullish sentiment is evident in recent trading activities on the Chicago Mercantile Exchange (CME), where Bitcoin options have experienced some of their highest trading…
Category: Crypto Analysis
Dogwifhat (WIF) Prepares For A Bullish Breakout – Analyst Sets $3 Target
Dogwifhat (WIF) has emerged as one of this cycle’s standout meme coins, and a major move might be imminent. WIF is trading just above $2.5, a key support level that top analyst and investor Ali Martinez believes could be a…
Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today
US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March. This comes as investor…
XRP Price Faces Support Test: Is a Rebound on The Horizon?
XRP price is correcting gains from the $0.530 zone. The price is testing the $0.520 support and might bounce back to start a fresh increase. XRP price is eyeing more gains above the $0.5300 zone. The price is now trading…
Can Bitcoin Hit $200,000 Only If The Dollar Falls? Bitwise CIO Answers
Matt Hougan, Chief Investment Officer of Bitwise Asset Management, addressed a pressing question among investors: Does the US dollar need to collapse for Bitcoin to reach a valuation of $200,000 per coin? Hougan’s analysis suggests that Bitcoin’s ascent to such…
Ethereum Holds Key Support To Set A $6,000 Target – Analyst
Ethereum (ETH) is showing strength, finding support at a critical level around $2,400 and pushing to local highs near $2,800. Top analyst Ali Martinez shared a technical analysis highlighting Ethereum’s potential to break out. Holding this key level suggests ETH…
Ethereum Price Lags While Bitcoin Moves Toward New ATH
Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580…
Bitcoin Price Nears All-Time High: Can It Push Past the Mark?
Bitcoin price is rallying above the $72,000 zone. BTC is up over 5% and it could soon aim for a new all-time high above $73,500. Bitcoin started a fresh increase above the $70,000 zone. The price is trading above $70,500…
Analyst Says XRP Price Is Ready For A Breakout As Metrics Turn Bullish, What To Expect
Crypto analyst Random Crypto Pal has predicted that the XRP price is finally ready for a breakout, just as on-chain metrics turn bullish. With a breakout on the horizon, the analyst also provided insights into price targets that XRP could…
Bitcoin Price Skyrockets Above $71,000: Key Reasons Explained
The Bitcoin price has surged past the $71,000 mark today. Over the past five days, Bitcoin’s price has rallied by more than 8.5%, climbing from $65,600 to as high as $71,118 on October 29. In the last 24 hours alone,…