Cryptocurrency Market Forecasts

ForkLog 84 11.09.2024

Bitwise Predicts Bitcoin Rally in Q4

In October and November, the cryptocurrency market is expected to rebound following the resolution of macroeconomic and political uncertainties in the United States. This perspective was shared by Bitwise CIO Matt Hougan. September has historically been the worst month for bitcoin’s performance, with an average price decline of 4.5%. In 2011, prices plummeted by 41.2%, […]

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ForkLog 13 10.09.2024

Bitcoin Volatility Poised for Growth Amid CPI Data and Debates

Implied volatilities of bitcoin options remain elevated. Traders anticipate significant price swings in light of the Trump-Harris debates and consumer inflation (CPI) data, according to QCP Capital. The events are scheduled for September 11 at 4:00 and 15:30 (Kyiv/Moscow). Experts noted that until October, options market participants tend to take predominantly bearish positions. Optimists are […]

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ForkLog 6 09.09.2024

Bernstein Analysts Predict Bitcoin Surge to $90,000 with Trump Victory

By the year’s end, the price of the leading cryptocurrency could reach $90,000 if Donald Trump wins the November U.S. presidential election. This conclusion was drawn by Bernstein analysts, reports CoinDesk. If Kamala Harris succeeds, digital gold is expected to break current lows, potentially testing levels in the $30,000-40,000 range, according to experts. They noted […]

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ForkLog 8 09.09.2024

Analyst Predicts Final Corrections Before Bitcoin Bull Run

Bitcoin is poised for “final corrections” before the onset of a two-year bullish cycle, reminiscent of 2019, according to experts. The CPI report will be crucial for the market’s trajectory. During the current rebound, Bitcoin is expected to reach $55,500 before returning to $53,000, which will serve as a launchpad for upward movement, stated analyst […]

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ForkLog 24 08.09.2024

Arthur Hayes Closes Bitcoin Short, Predicts Potential Rise

Former BitMEX CEO Arthur Hayes announced the closure of his short position on the leading cryptocurrency, securing a 3% profit. He anticipates that bitcoin might experience an upswing in the coming week. Closed my $BTC short, made 3% profit, enough to cover my food and bar tab for KBW. With Bad Gurl Yellen watching mrkts […]

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ForkLog 10 08.09.2024

Samson Mow Dismisses Bitcoin’s Fall to $40,000 as Fear-Driven Speculation

Bearish predictions of Bitcoin falling to $40,000 are unfounded, driven solely by irrational fear, according to JAN3 CEO Samson Mow. Can fear move the market? Sure. But it never lasts long because the fundamentals win out over time. Even the unwinding of some of the greatest frauds like FTX can’t keep price down. Down is […]

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ForkLog 8 06.09.2024

Diverging Views on Bitcoin’s September Prospects

The reduction of the Federal Reserve’s key interest rate and the resilience of the US economy in September may have a greater impact on Bitcoin’s price than the typically negative seasonality of this month. This was stated by Cointelegraph by Tyr Capital’s CIO Ed Hindi. “The chances of the first cryptocurrency closing the month above […]

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ForkLog 5 06.09.2024

Ethereum’s Return to All-Time Highs Unlikely This Year, Says Expert

A return to Ethereum’s peak of $4878 by year-end is “possible, but highly unlikely,” according to Derive founder Nick Forster, as reported by Cointelegraph. The expert asserts that ETFs based on the asset are losing out to tech stocks that offer “higher returns.” Additionally, the second-largest cryptocurrency lacks a “strong narrative capable of driving its […]

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ForkLog 8 04.09.2024

Arthur Hayes Predicts Bitcoin Correction to $50,000

The price of the leading cryptocurrency could correct to $50,000, with altcoins potentially depreciating even more. This forecast was presented by former BitMEX CEO Arthur Hayes. According to him, this scenario will remain relevant until the Federal Reserve’s meeting in September. The pressure factor will persist in the money market, where yields on reverse repo […]

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ForkLog 2 04.09.2024

Bitfinex Predicts Bitcoin Could Fall to $40,000

The price of the leading cryptocurrency could plummet to $40,000 following a Federal Reserve rate cut in a bearish scenario, according to Bitfinex, as reported by CoinDesk. Experts believe that a 25 basis point policy easing would be positive for markets. However, a 50 basis point cut might initially lead to a 5–8% surge, followed […]

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ForkLog 11 03.09.2024

Experts Advocate Bitcoin Purchases in September Amid Corrections

Strategically, accumulating Bitcoin throughout September with a view to securing profits in October or towards the year’s end is advisable. This scenario was suggested by QCP Capital, citing seasonal trends. Analysts noted that the first month of autumn is historically negative for all asset classes, including digital gold. However, October is its opposite — in […]

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ForkLog 20 02.09.2024

Bitcoin Price Stabilises Below $58,000

The leading cryptocurrency fell by 8.6% in August. Historically, September sees an average decline of 4.5%. Analysts anticipate continued volatility but expect a medium-term recovery in optimism. The number of bitcoin wallets holding at least 100 BTC has reached a 17-month high (16,120). In the early hours of Monday, September 2, the price of the […]

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