Analysts Warn of Bitcoin’s Potential Drop to $60,000 Due to Fed Policy
Digital gold may remain "stuck" in the $60,000-$80,000 range until the end of the year if the Fed refrains from cutting the key rate in December.
CryptoQuant is a platform providing data analytics for cryptocurrency markets.
Analysts Warn of Bitcoin’s Potential Drop to $60,000 Due to Fed Policy
Digital gold may remain "stuck" in the $60,000-$80,000 range until the end of the year if the Fed refrains from cutting the key rate in December.
Glassnode pinpoints threshold to halt the bear trend
Bulls must quickly push bitcoin back to the level at which 75% of coins are in profit—historically the only condition that has halted a bearish reversal.
Stablecoin Reserves on Binance Surge by $9 Billion
The $9 billion influx of stablecoins to Binance over 30 days nears historical peaks that previously preceded significant market movements.
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.
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.
Analyst flags bear phase, sees bitcoin sliding to $74,000
The crypto market has edged toward a bear phase by three institutional metrics, said analyst Axel Adler Jr.
Dragonfly partner calls the current correction ‘minor’ and urges calm
The current decline in the crypto market is far milder than the 2022 crisis, said Dragonfly partner Haseeb Kerem.
Santiment says bitcoin is undervalued versus gold and equities
Bitcoin is undervalued, Santiment says, after analysing a break in a four-year correlation with equities.
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.
New Bitcoin Whales Record $1 Billion in Losses
Major investors who purchased the leading cryptocurrency at around $110,800 have begun to register significant losses. Analysts at CryptoQuant have noted this trend.We use cookies to improve the quality of our service.
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