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“# Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target ” A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against…
“# Fidelity analyst: Bitcoin price up-down debate ‘mostly noise,’ watch network’s Apple-esque growth ” Bitcoin (BTC) continued its decline further into the week as BTC clung to the $40,000 support level on Feb. 18. BTC price up-down debate “mostly noise” While many analysts anticipated BTC’s price to fall toward $30,000 next, mostly based on technicals, Jurrien Timmer…
“# Bitcoin bulls scramble to defend $40,000 as the crypto market sell-off intensifies ” Bitcoin (BTC) and altcoins dropped further on Feb. 17 after the situation in Ukraine worsened and Russia expelled Bart Gorman, the United States Deputy Chief of Diplomatic Mission, from the country after President Biden reiterated that the threat of a Ukraine invasion by…
“# Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds ” An uptick in Bitcoin (BTC) supply to whales’ addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows. Whales, fishes take a break from Bitcoin The sum…
“# Bitcoin price is ‘likely starting the next push up’ if $42K holds as support ” The cryptocurrency market remains in a state of flux as investors are once again focused on what steps the U.S. Federal Reserve might take to combat rising inflation and markets wobble as the situation in Ukraine remains tense. Data…
“# This Bitcoin price fractal from 2018 could trap bulls, sink BTC price to $25K — analyst ” A recent price recovery in the Bitcoin (BTC) market risks getting erased due to an eerie fractal from 2018. Bitcoin price cycle similarities First spotted by CryptoBullet, an independent market analyst, the fractal shows Bitcoin recreating an…
“# Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out ” Global and macroeconomic concerns ranging from rising inflation rates in the United States to the prospect of Russia invading Ukraine continue to spark volatility in financial markets. To the surprise of many analysts, the mood in the cryptocurrency…
“# Bitcoin price consolidates in critical ‘make or break’ zone as bulls defend $42K ” The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to the $50,000 range. Data from Cointelegraph Markets Pro and…
“# Analysts say Bitcoin price is in the ‘profit-taking’ zone with a ceiling at $45K ” The price action for Bitcoin (BTC) continues to tantalize investors and once again, concerns over the state of the global economy and rising inflation have prompted warnings that the Fed’s upcoming interest rate hikes could do more damage then…
“# Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound ” Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week…