Crypto Analyst Says Bitcoin Price Can Port To $86,600 If It Breaks This Level
Crypto analyst Ali Martinez has revealed how the Bitcoin price can rise to as high as $86,600, which would mark a new all-time high (ATH) for the flagship crypto. This comes amid BTC’s impressive price rebound, which has brought renewed optimism that the next leg of the bull run is almost here. Bitcoin Price Could…
How The Israel-Iran War Could Shake Crypto Prices, Explains Arthur Hayes
Arthur Hayes, the co-founder and former CEO of BitMEX, published an essay titled “Persistent Weak Layer” on October 16, where he examines the potential impact of escalating tensions between Israel and Iran on the crypto markets. Drawing an analogy from avalanche science, Hayes explores how the geopolitical situation in the Middle East could act as…
Shiba Inu On The Brink Of A 400% Rally, Analyst Says—Will It Deliver?
A leading analyst has forecasted that Shiba Inu may surge by 400%, elevating its price to $0.000074. This prospective increase is supported by recent price movements and significant technical indicators. Shiba Inu has experienced a consistent increase, presently trading at $0.00001805 following a brief decline to the $0.000016 area last week. Although its gains have been…
Bitcoin Analyst Reveals Best On-Chain Metric For ‘Day-To-Day Trading’
An analyst has explained how this Bitcoin on-chain indicator has been one of the best in terms of short-term trading during the past month. Bitcoin Short-Term Holder Realized Price Has Proven To Be Reliable Recently In a new post on X, CryptoQuant Community Manager Maartunn has discussed about an indicator that’s suited for doing day-to-day…
Bitcoin Finally Breaks Above Falling Wedge Pattern—Here’s The Next Target
Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart. While this breakout has captured attention, Bitcoin is yet to close a daily candle above this resistance, which would confirm the breakout as successful. Regardless, this development has sparked fresh analyses…
Polkadot (DOT) Gearing Up For ‘Massive Breakout’, Will It Skyrocket To $20?
Polkadot (DOT) has seen a price increase in the daily timeframe as the crypto market soars. Some market watchers suggested the cryptocurrency is gearing up for a breakout, setting new targets for the short and mid-term timeframes. Polkadot Breaks Out Of Falling Wedge Pattern Polkadot has registered a 10.9% increase in the last week following…
Dogecoin Sees Sharp Decline: Over 106,000 Wallets Abandon The Memecoin
The memecoin landscape has seen dramatic fluctuations throughout the year, with Dogecoin (DOGE) securing its position as the leader in terms of market capitalization. However, DOGE’s recent performance has prompted a wave of investor discontent, leading many to seek alternative options for quicker gains. Frustration Grows Among Dogecoin Investors According to data from blockchain analytics…
Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility?
Data shows the Ethereum Open Interest has witnessed some sharp growth recently, a sign that more volatility could be coming for the asset’s price. Ethereum Open Interest Has Now Risen To $9.7 Billion As explained by an analyst in a CryptoQuant Quicktake Open Interest” is an indicator that keeps track of the total amount of…
Bitcoin Breaks Through $65,000, Is “Uptober” Rally Just Getting Started?
Bitcoin (BTC) has surged past the $65,000 mark, renewing traders’ optimism for an “Uptober” rally that could extend the digital asset’s bullish momentum. Is The Bitcoin “Uptober” Rally Finally Here? In the early hours of October 15, Bitcoin briefly crossed $66,000 before retracing to $65,964 at the time of writing. Over the past 24 hours,…
Blockchain Data Reveals Lackluster Response To Trump New Crypto Token Launch
Donald Trump new cryptocurrency initiative, World Liberty Financial (WLF), has encountered significant challenges since its launch. According to a report by CNBC, the project aims to establish a crypto bank and was expected to attract considerable investor interest. However, the token sale, which began on Tuesday, was marred by website outages and technical issues, severely…