Cryptocurrency Market Forecasts

ForkLog 5 28.10.2024

Analyst Predicts Ethereum Rebound to $6000

Since the beginning of the month, Ethereum’s price has dropped by 5.4%, yet several indicators suggest the cryptocurrency is poised for a reversal and potential recovery to $6000. This is according to analyst Cointelegraph Yashu Gola. Ethereum may close its first losing October since 2018. The expert attributes the weak performance to increased competition from […]

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ForkLog 15 27.10.2024

Willy Woo Predicts Waning Altcoin Seasons

Altcoin seasons are likely to persist, much to the delight of speculators, yet the intensity of returns is expected to diminish as the cryptocurrency market matures. This perspective was shared by analyst Willy Woo. I haven’t talked about altcoins in years, I quit my interest in them after the “shit rolls downhill chart” mapping the […]

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ForkLog 8 25.10.2024

Experts Dismiss Ethereum’s ‘Funeral’ as Premature

Concerns that Layer 2 solutions are eroding Ethereum’s main network revenues and affecting ETH’s price may be premature. This was stated by Sygnum Bank’s head of research, Katalin Tischhauser, in a conversation with Cointelegraph. “It is too early to say whether Ethereum’s [scaling] strategy through Layer 2 solutions is cannibalistic or will lead to net […]

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ForkLog 7 25.10.2024

Bitcoin’s $100,000 Surge: A 10% Probability According to Options Data

Open positions in the bitcoin options market on Deribit indicate a 9.57% probability of the asset surpassing $100,000. This observation was highlighted by CoinDesk analyst Omkar Godbole. “Options are derivatives that give the buyer the right, but not the obligation, to buy or sell the underlying asset at a predetermined price on or before a […]

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ForkLog 10 25.10.2024

Hashkey Capital Predicts Altcoin Season Post-$80,000 Bitcoin

Merely surpassing Bitcoin’s current all-time high of around $74,000 is insufficient to kickstart an altcoin season, according to analysts at Hashkey Capital. Read our latest report — Why We Are Bullish on Altcoins to stay ahead?https://t.co/G8zkOwHtfx — HashKey Capital (@HashKey_Capital) October 25, 2024 Historically, market rallies beyond the leading cryptocurrency are linked to an increase […]

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ForkLog 6 24.10.2024

Bitcoin Poised to Surpass $73,000 Amid US Elections, Analyst Predicts

On November 5, the leading cryptocurrency could approach its ATH above $73,000. This view was expressed by Jeff Kendrick, head of digital asset research at Standard Chartered, based on an analysis of derivatives and trading volume metrics.

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ForkLog 10 23.10.2024

Bernstein’s $200,000 Bitcoin Prediction by 2025 Deemed Conservative

Analysts at Bernstein have reiterated their forecast for Bitcoin to reach $200,000 by the end of next year, describing it as “conservative.” This was reported by The Block. “Bitcoin will be worth $200,000 in this cycle (end of 2025). […] We are conservative,” stated Gautam Chhugani, head of digital assets at Bernstein, in a letter […]

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ForkLog 8 23.10.2024

CryptoQuant Observes Bitcoin On-Chain Activity Surge to March Peaks

Retail investor demand for Bitcoin has returned to levels seen before the ATH in March 2024, according to CryptoQuant, reports The Block. “In the last 30 days, the metric has increased by ~13%, mirroring the scenario in March,” the report states. From June to the end of September, the opposite trend was observed. “The current […]

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ForkLog 9 22.10.2024

QCP Capital Predicts Ethereum Surge to $3000

During the week of October 14-20, Ethereum rose by 11%, outpacing Bitcoin’s 9.6% increase, though it lags behind in the Uptober context with 4% compared to 8%. QCP Capital noted a strong likelihood of Ethereum breaking through the $2800 resistance and reaching $3000. 4/ Read the full analysis here: https://t.co/gNhw4giQWX — QCP (@QCPgroup) October 22, […]

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ForkLog 21 21.10.2024

Michael Saylor Predicts Bitcoin to Reach $13 Million

Bitcoin’s price will soar to $13 million per coin within 21 years, according to MicroStrategy founder Michael Saylor in an interview with Madison Reidy. This conversation addresses popular myths & risks that hinder #Bitcoin adoption, explains why Bitcoin is the superior digital asset, capital asset, and store of value, and advocates for universal recognition of […]

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ForkLog 10 21.10.2024

Peter Brandt Foresees Potential 27-Fold Surge for Solana

Solana could surge by over 2600%, reaching approximately $4500, if a “cup and handle” pattern materialises, according to technical analyst and Factor LLC head Peter Brandt. #5$SOL displays possible Cup and Handle with rectangle as HandleI am flat in this crypto pic.twitter.com/K0eRxs2aOd — Peter Brandt (@PeterLBrandt) October 21, 2024 Since hitting the cycle low near […]

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ForkLog 103 18.10.2024

Max Keiser Predicts Imminent Bitcoin Surge to $220,000

Bitcoin will “soon” rise to $220,000, according to a forecast by television host and Heisenberg Capital founder Max Keiser. The new ATH Gold price is predicting Bitcoin will trade over $220,000 very soon. — Max Keiser (@maxkeiser) October 18, 2024 The expert referred to gold prices reaching a new all-time high above $2700. The previous […]

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