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“# Bitcoin can hit $92K in April and still not match bull run RSI peaks: Analyst ” Bitcoin (BTC) can surge to $92,000 in the next two weeks and still “only” be matching its past performance, new data claims. In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models,…
“# Record $8B open interest on Ethereum futures shows the pros are ‘here’ ” The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this “success” takes place in the face of Ether (ETH) being in a bottleneck regarding high fees, network congestion and…
“# Dogecoin (DOGE) hits a new ATH as Bitcoin bulls try to flip $63K to support ” The price of Dogecoin (DOGE) experienced a strong 36% rally on April 13 and established a new all-time high at $0.0961. While the exact reason for the rally is unknown, the crypto market’s most popular meme coin now…
“# XRP price soars to new highs after recent legal victories and relisting rumors ” XRP price broke out to a new multiyear high on April 13 as a surge of trading volume in the early morning hours continued into mid-day. Data from Cointelegraph Markets and TradingView shows that XRP registered a low of $1.42…
“# Analysts say Coinbase listing represents a ‘watershed’ moment for crypto ” Coinbase, the top cryptocurrency exchange in the United States will soon be a publicly listed company once its COIN stock launches on the Nasdaq stock exchange on April 14. Generally, the sentiment around the listing has been overwhelmingly positive from both the crypto and…
“# Bitcoin breaks new all-time high above $63K: What are traders saying? ” The price of Bitcoin (BTC) reached a new all-time high at $63,478 on Tuesday on Binance. The market sentiment around Bitcoin and Ether (ETH) is overwhelmingly bullish, but the short-term sentiment remains mixed. Analysts use the term “price discovery” when the price…
“# Enterprise blockchain solutions rally as businesses get hip to crypto ” The mainstream adoption of blockchain technology continues to pick up steam as stories like Microstrategy using Bitcoin (BTC) to pay bonuses for its board of directors and Topps announcing plans to release nonfungible token collectible trading cards make headlines on a almost daily basis. As…
“# Bitcoin bulls are confident even as a key BTC price metric hits a new low ” Newer traders might be unaware of this, but investors can also borrow BTC to margin trade a short position, thus betting on the price downside. This is why some analysts monitor the BTC, and USDT total lending amounts…
“# Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM ” Bloomberg Intelligence senior commodity strategist Mike McGlone equated the current consolidation in Bitcoin (BTC) price to that of a “caged bull, well-rested to escape.” When compared with the rallies a year after the previous two Bitcoin halvings in 2012 and…
“# Bitcoin is ‘caged bull’ ready to escape at $60K — Bloomberg Intelligence ” Bitcoin (BTC) is a “caged bull” and the end of its current price run is nowhere near at $60,000, says Bloomberg Intelligence. In a tweet on April 12, senior commodity strategist Mike McGlone delivered his latest bullish verdict on the state…