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“# Bitcoin on-chain metric suggests 2017-style bull run will continue ” Bitcoin’s (BTC) pullback from its record high of $67,000 to below $60,000 has not deterred bulls from eyeing another peak level ahead, per an indicator that attempts to predict market bottoms and tops. Dubbed MVRV, the risk metric represents the ratio of Bitcoin’s market…
“# Bitcoin will peak at $253K, Ethereum at $22K this cycle if 2016 halving bull run repeats ” Bitcoin (BTC) may be over seven times higher than at its last halving, but if history repeats, that number could grow another 300% and more. As tracked by on-chain data source Ecoinometrics this month, BTC/USD has the…
“# Think $60K is the top? This Bitcoin fractal suggests it’s the next bear market bottom ” Bitcoin (BTC) may have hit highs of $60,000, but calculations suggest that the price level will matter much more to bears, not bulls. In a tweet on Oct. 14, popular Twitter account TechDev again highlighted historical data which…
“# Crypto will generate more wealth than the internet, says Morgan Creek Capital CEO ” By laying the foundations of the internet of value, cryptocurrency and blockchain will generate more wealth than Web 1 and Web 2, said CEO of Morgan Creek Capital, Mark Yusko, in an exclusive interview with Cointelegraph. “We haven’t even gotten…
“# Need some Bitcoin ‘hopium’? This chart calls for new BTC price all-time high by November ” Bitcoin (BTC) is on track to see new all-time highs this month and at least $72,000 in November if the latest price data is accurate. In a tweet on Oct. 12, Filbfilb, an analyst at trading platform Decentrader,…
“# ‘Large pump’ coming to Bitcoin, hints BTC price metric — But maybe not until December ” Bitcoin (BTC) should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years. In his latest update on Bitcoin’s relative strength index (RSI), popular Twitter analyst TechDev…
“# Analyst nails Bitcoin monthly close 2 months running — his October target is $63K ” Bitcoin (BTC) was keen to retain $44,000 on Oct. 1 as the monthly close sparked a late show of strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC monthly close matches PlanB prediction Data from Cointelegraph Markets Pro and…
“# Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst ” Bitcoin (BTC) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro…
“# Just another bubble? Bitcoin price tops follow Chinese debt cycles, new research shows ” Bitcoin (BTC) may be hitting new all-time highs, but it may just be another bubble, new research suggests. Unveiling a theory that could well rile Bitcoin bulls, analytics guru Material Scientist revealed what seems to be a strong correlation between Bitcoin…
“# New Bitcoin price model suggests BTC won’t go below $39K again ” Bitcoin (BTC) must cost at least $39,000, says a new tool combining two of its most powerful metrics. In a tweet on Sept. 16, analyst William Clemente presented the illiquid supply floor chart — and its findings are firmly bullish for BTC….