Top Analyst Sounds Alarm: Bitcoin Is Highly Unlikely To Spring Back Anytime Soon
Bitcoin is trading in a fragile state after slipping below $90,000 and now in the mid-$80,000s. This price action has caused some analysts to grapple with the possibility that the next major rally may be further away than many expect. A recent technical outlook from prominent crypto analyst Tony “The Bull” Severino adds weight to…
$2 Billion Gone In Minutes: Bitcoin Slide Shakes Crypto World
According to exchange and on-chain data, global crypto markets plunged Friday as prices slid and forced a widespread sell-off. Bitcoin fell under $83,000, while Ethereum traded below $2,800. The breakdown sent roughly $2 billion of positions into liquidation, knocking confidence and prompting quick losses across major tokens. Heavy Liquidations Rock Traders Reports show more than…
From Dotcom To Crypto: Veteran Analyst Says The Bull Run Isn’t Over
According to market reports, Bitcoin fell sharply this week and pushed the Crypto Fear & Greed Index down to 10, a level tied to extreme fear. Investors and traders are asking whether this marks the bottom of the cycle or just another step lower in a run that has already seen a 25% correction. Extreme…
Everyone’s Giving Up On Bitcoin? Crypto Exec Says That’s Exactly Why It Will Rise
The crypto market looks beaten down again, but one veteran investor says that may be the exact signal to stay calm. Bitwise Chief Investment Officer Matt Hougan believes Bitcoin’s deep sell-off — now dragging prices below $102,000 for the first time since the last five months — is more about panic than fundamentals. Retail Sentiment…
Expert Analyst Warns Bitcoin/VIX Is Not Bullish: Bear Market Signals
Technical expert Tony Severino has warned that the Bitcoin/VIX is not as bullish as market participants might believe. Instead, the expert revealed that the current indicators point to the flagship crypto being in a bear market. Bitcoin/VIX Points To A Bear Market: Analyst In an X post, Severino warned that the Bitcoin/VIX isn’t bullish as…
XRP ETF Launch Impresses Even In Bear Market, Says Analyst
Teucrium’s newly launched 2x XRP ETF on the New York Stocks Exchange recorded $5.43 million in turnover during its first day of trading on April 8, despite XRP prices hitting a five-month low. The ETF, trading under the ticker XXRP, achieved this milestone as cryptocurrency markets faced widespread selling pressure. Bloomberg Senior ETF Analyst Eric…