Analyst Compares Bitcoin’s Price to a Compressed Spring
The last occurrence of such an "asymmetric risk-reward ratio" in Bitcoin was during the COVID-19 pandemic, according to André Dragosch, Head of Digital Asset Research at Bitwise in Europe.Predictions by opinion leaders and analysts on Bitcoin prices, industry development, and other events in the digital economy.
Analyst Compares Bitcoin’s Price to a Compressed Spring
The last occurrence of such an "asymmetric risk-reward ratio" in Bitcoin was during the COVID-19 pandemic, according to André Dragosch, Head of Digital Asset Research at Bitwise in Europe.
Bitfinex analysts warn of ‘red days’ for bitcoin
Bitcoin ends November in the red despite historical seasonality. Bitfinex analysts say demand may return soon.
Bloomberg Intelligence Predicts Bitcoin at $50,000
Senior commodity strategist at Bloomberg Intelligence, Mike McGlone, anticipates that by 2026, Bitcoin will decline by approximately 60% from its historical peak above $126,000.
Analyst warns of a deeper slide if bitcoin falls below $80,000
A sustained break below $80,000 would sharply raise the risk of a prolonged decline, says analyst Crypto Dan.
Bitwise Acknowledges Bitcoin’s Potential Dip to $70,000
The leading cryptocurrency is "closer to the bottom than the start of a pullback," although a move to the lower end of the $70,000-$80,000 range remains possible. This was stated by Bitwise CIO Matt Hougan in an interview with CNBC.
Glassnode Refutes Bitcoin’s Bottoming Out
Following Bitcoin's drop below the $94,000 level earlier this week, traders have been actively purchasing short-term put options with a strike price of $75,000. This trend was noted by Glassnode.
Analysts Attribute Bitcoin’s Decline to Panic Among New Investors
The decline in the price of the leading cryptocurrency from its peak of $126,000 was triggered by the capitulation of STH, rather than the distribution of coins by LTH. This conclusion was reached by analysts at XWIN Research.
Analyst Predicts Ethereum’s Entry into a Bitcoin-like ‘Supercycle’
Ethereum is entering a 'supercycle' phase similar to the one that brought Bitcoin a hundredfold increase since 2017, according to BitMine's head, Tom Lee.
Analysts Predict End of Bitcoin Panic Selling
Investors who purchased the leading cryptocurrency in the past six months have faced losses nearing 13%. Historically, this level corresponds to capitulation and indicates the peak of panic selling, noted CryptoQuant.
Analysts set out conditions for Ethereum to reach $4,000
Ethereum must clear $3,800–$3,900 to pursue new highs, says analyst Michaël van de Poppe.We use cookies to improve the quality of our service.
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