Cryptocurrency Market Forecasts

ForkLog 8 24.09.2024

Analysts Anticipate Bitcoin Rally in Coming Months

Institutional adoption and a range of macroeconomic factors are expected to fuel a bitcoin rally in the fourth quarter, according to The Block, citing several analysts.

AI translated

ForkLog 10 24.09.2024

CryptoQuant Predicts Bitcoin Price Surge Amid Rising ‘Profitable’ Coins

The increase in ‘profitable’ bitcoins above the 365 DMA signals potential further growth of the asset, according to CryptoQuant, as reported by The Block. Data: CryptoQuant. “This inflection point is typically associated with further price increases,” commented the experts. The proportion of supply in profit often serves as an emotional benchmark for investors, acting as […]

AI translated

ForkLog 11 23.09.2024

Peter Brandt Predicts Bitcoin’s Surge Against Gold

In 2025, digital gold could potentially increase fivefold in value compared to its physical counterpart. This conclusion was drawn by technical analyst and head of Factor LLC, Peter Brandt. When I look at chart of Bitcoin/Gold ratio, here is how I view it: $GC_G $BTC $BTCXAU1. Continuation inverted H&S pattern, neckline at 32.5 to 12. […]

AI translated

ForkLog 71 20.09.2024

Conditions for Boosting Ethereum’s On-Chain Activity Identified by Expert

Ethereum network activity could see a significant uptick if the current cryptocurrency rally evolves into a sustained bull market, according to The Block‘s Jasper de Maer from Outlier Ventures. The analyst highlighted that speculation and increased engagement with dapps will primarily drive this growth. “Airdrops will support activity in the latter, as many companies will […]

AI translated

ForkLog 59 20.09.2024

Standard Chartered Predicts Bitcoin Rally Following Fed Rate Cut

Following a rate cut by the Fed, Bitcoin is expected to experience sustained growth due to a macroeconomic backdrop that offsets uncertainty from the US elections. This conclusion was reached by Standard Chartered, reports The Block. Experts highlighted the improved cryptocurrency market conditions amid increased chances of Kamala Harris’s victory. According to Polymarket, she leads […]

AI translated

ForkLog 13 18.09.2024

Vitalik Buterin Highlights Rollup Accessibility Amid Fee Decline

Transaction fees on Ethereum’s Layer 2 have plummeted to “almost zero,” marking a significant milestone for digital assets, according to blockchain co-founder Vitalik Buterin, reports Cointelegraph. “From $0.5-10, we’ve moved to $0.01, practically zero. Optimism and Arbitrum — the two main layers of Ethereum — have reached this important milestone. […] Rollups are quickly becoming […]

AI translated

ForkLog 44 18.09.2024

Crypto Influencer Identifies Key Narratives for 2025 Memecoin Bull Run

Crypto influencer Glauber Contessoto believes the 2025 memecoin bull run will focus on Pepe (PEPE) and Dogecoin (DOGE). He shared this view on X. The 2 Biggest Meme Narratives for 2025 I strongly believe the memecoin bullrun in 2025 will be based around 2 main meme universes. Pay attention ?? 1. The most popular of […]

AI translated

ForkLog 12 16.09.2024

Experts Predict Imminent Bitcoin Bull Run

A Bitcoin bull market could commence within the next 22 days, based on historical cycles and current data. This conclusion was reached by WeRate co-founder Quinten François. The average #Bitcoin cycle:Starts 170 days after halving Peaks 480 days after halving We are currently 147 days after the $BTC halving pic.twitter.com/jINl8Y4usP — Quinten | 048.eth (@QuintenFrancois) […]

AI translated

ForkLog 8 16.09.2024

The Perilous Path of Altcoins: A Trader’s Perspective

For four months, the altcoin market has been gripped by fear and despondency. However, after the reaccumulation phase concludes, many will surge by “hundreds and thousands of percent,” while some will “perish,” trader Vladimir Cohen told ForkLog. The expert highlighted that the current cycle is characterized by an enormous number of tokens (over 2.5 million), […]

AI translated

ForkLog 13 16.09.2024

Bitcoin Set to Surge to $150,000, Expert Predicts

Bitcoin has shown signs of a potential “explosive movement” into the $100,000-$150,000 range by the first quarter of 2025, according to investor and Okse co-founder known as Elja. $BTC massive cup and handle pattern ? You’re not bullish enough ?#Bitcoin pic.twitter.com/cyPcbMcpdr — Elja (@Eljaboom) September 14, 2024 The analyst identified a “cup and handle” pattern—characterized […]

AI translated

ForkLog 11 13.09.2024

Key Support Levels for Bitcoin Identified by Experts

Currently, the most critical support levels for Bitcoin are at $52,000 and $46,000, according to a report by ARK Invest. The latter represents the average on-chain price, highlighted in red on the chart below. Data: ARK Invest. Experts noted that the leading cryptocurrency lacked the strength for a significant rebound after a nearly 9% drop […]

AI translated

ForkLog 37 12.09.2024

Bitcoin’s Record High Forecast Unaffected by US Election Outcome

Bitcoin is poised to reach a new record by the year’s end, irrespective of the results of the US presidential election, according to Standard Chartered, reports The Block. “A Trump victory would push the price to $125,000, while Harris would lead to $75,000,” the review states. Analysts believe that a Republican administration would accelerate progress […]

AI translated

#Cryptocurrency Market Forecasts