Crypto analyst Dave the Wave has recently provided a bullish narrative for Bitcoin, despite the recent setback in its price. He suggested that based on his logarithmic growth channel (LGC) indicator, Bitcoin could potentially rise to as high as $300,000 in the long term. Looking at the chart he shared, it is expected that this
Bitcoin
As Bitcoin continues to show a tepid price action and consolidate post-halving, major crypto analysts have shared their insights on the future trajectory of the flagship cryptocurrency. One such analyst, CrediBULL Crypto, took to X to predict that Bitcoin will soon rise to a six-digit all-time high of $100,000 on its next leg up. This
The world of cryptocurrency art has been revolutionized by the recent release of VESA’s latest creation, BitRam. This unique artwork symbolizes the indestructible and unconfiscatable nature of Bitcoin, breaking away from the traditional Bull and Bear imagery commonly associated with crypto-inspired art. BitRam is a testament to Bitcoin’s relentless spirit in the face of turbulent
The XRP price has been struggling to recover above the $0.5050 resistance zone, leading to a downward movement with the potential to gain bearish momentum below the $0.480 support. Despite attempts to climb above $0.500 and the 100-hourly Simple Moving Average, XRP is facing challenges in maintaining a positive trend. A significant development was the
Christian’s passion for storytelling dates back to his college days, where he honed his craft as a feature writer for his university paper. This early love for writing paved the way for a successful editorial career at a data engineering firm and later in the world of journalism. His versatility in navigating various writing environments
The recent stagnation in the Bitcoin price, hovering around the $71,000 mark, has left investors in a state of uncertainty. This period of indecisiveness often precedes a significant market movement, but predicting the direction of that movement is a challenging task. Crypto analyst Alan Santana has delved into the Bitcoin chart to offer his perspective
Bitcoin, the market leader in the cryptocurrency space, has faced significant obstacles in achieving the anticipated price surge to $100,000. According to Charles Edwards, founder of Capriole Investments, one of the primary factors hindering this milestone is the sale of Bitcoin by long-term holders. His analysis reveals a decline in wallets holding Bitcoin for over
The world of cryptocurrency is constantly evolving, with various factors influencing the price movements of assets like Bitcoin. One such factor that has been gaining attention recently is global liquidity. According to Philip Swift, the founder of LookIntoBitcoin, global liquidity has reached a new all-time high (ATH), indicating a potential rise in Bitcoin’s price during
The recent surge in Bitcoin’s price, surpassing the $70,000 mark, has sparked enthusiasm among investors, particularly in the United States. The return of the Coinbase premium, which indicates a higher price of Bitcoin on Coinbase compared to other major exchanges, has been seen as a bullish signal by many. This premium, after being in the
Following the recent surge in Bitcoin’s price, long-term holders are once again in profit. According to a market report by Glassnode, the total volume of long-term holder (LTH) supply held in loss is negligible, with only 0.03% of LTH acquiring above Bitcoin’s current price. These long-term holders purchased their Bitcoin holdings at the 2021 cycle