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Bitcoin is poised to obliterate short positions once it surpasses $110,000 and enters a phase of price discovery. This milestone will likely shake up the market and drive even more interest in the leading cryptocurrency. As Bitcoin continues its upward trajectory, many traders who have taken short positions are feeling the pressure. The potential for [...]
Bitcoin Fractal Analysis Predicts New Record Highs Above $110K by Week’s End A recent Bitcoin fractal analysis suggests that the cryptocurrency could soar to new all-time highs above $110,000 by the end of the week. The analysis, based on historical price patterns and trends, points to a potential bullish breakout in the near future. According [...]
Ethereum’s Price Rally: Could $10,000 Be Possible? Ethereum has been making significant gains recently, leading many to speculate about the possibility of its price hitting $10,000 in the near future. The ETH price surge has caught the attention of investors and traders alike, with some experts suggesting that such a milestone cannot be ruled out. [...]
Peter Chung, a prominent cryptocurrency analyst, has made a bold prediction regarding the future of Bitcoin. Chung believes that by 2025, the price of Bitcoin could soar to an impressive $210,000. This forecast is based on the increasing institutional adoption of Bitcoin as an asset class. According to Chung, institutional investors are likely to play [...]
The post Bitcoin price projection: Expert predicts $210K by 2025 appeared first on Crypto Breaking News.
Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision. (Read More)
Bitcoin has surged to $110K, fueled by HyperLiquid whale’s $6.2 million exploit in the finance industry. This event has redefined the landscape of finance and cryptocurrency, showcasing the power and potential of blockchain technology. The unprecedented rise in Bitcoin’s value to $110K marks a significant milestone in the world of digital currency. This surge was [...]
The post Bitcoin Price to Surge to $110K Soon as Hyperliquid Whale Nets $6.2M in ‘Short’ Exploit: Finance Revamped appeared first on Crypto Breaking News.
The creators of Bored Ape Yacht Club (BAYC), Yuga Labs, have acquired 10KTF, the NFT game established by digital artist Michael Winkelmann, also recognized as Beeple.
The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem.
The Crypto Winter is coming. Will Bitcoin drop to 10000 $? Stick around as we'll unveil the important area that confirms this trajectory.
On-chain analyst Cauê Oliveira says benchmark cryptocurrency Bitcoin (BTC/USD) could see “maximum pressure” later in the year, highlighting the region around $14,500-$10,000 as the likely bottom for the 2022 bear market.
In a research piece titled ‘Bear Market Rally or the start of a new Bull Market?’, the BlockTrends analyst notes that despite the pain that has characterised the dip from the all-time highs set in 2021, the bear market at its current outlook is “mild” compared to both 2014 and 2018.
What next: new low, bear market rally or new bull market?Bitcoin has dropped more than 7% in the past 24 hours to currently trade near $21,760 across major cryptocurrency exchanges and platforms. The declines, which have mirrored losses in the equities market, come after a brief rally to highs above $25,000 last week – a rally that saw BTC break above the crucial 200-week moving average.
Overall though, Bitcoin and the rest of the crypto market remains in a markedly clear bear market trend, with lows of $17,600 the trough of a decline that ensued after bulls topped at highs above $69,000 in November last year.
Yet, at current levels, Bitcoin is about 23% up since the June 2022 lows. In hitting above $25k, the gains seen last week had pushed BTC more than 45% from that low.
For comparison, the 2014 bear market saw short term rallies of up to 83% – enough to convince some that the pain was over. The scenario also repeated in 2018, with bear market recovery including rallies of up to 65% before fresh pain took prices to new lows.
Oliveira, pointing to the previous outlook, suggests another “local sales exhaustion” might not translate to a new bull market trend but potentially open up room for a retest of even lower support levels.
If the current movement is repeated, we will find the region of maximum pressure at the end of the year, starting in October. Within a trading range between $10,000 – $14,500.”
Bear Market Rally or the start of a new Bull Market???
By comparing the amplitude and duration of the last long bearish periods in Bitcoin, we can see how painful the current downward movement is.
See below my latest research analysis content in English ??#Bitcoin pic.twitter.com/BLRt76vzDo
Notably, the dump to current lows or even below $20,000 may yet give way for fresh upside pressure and see BTC revisit recent highs. Bulls could even target fresh resistance in the $28k-$30k region (or higher).
The post Pro: Bitcoin’s region of maximum pressure likely in the $10K-$14.5K range appeared first on Invezz.
This article is all about 10KTF NFT. Let's take a look at what is 10KTF NFT and other details.
Will we witness another Ethereum 10K price before ending 2022? In this Ethereum price prediction article, we're going to analyze Ethereum.
Just like Bitcoin, Ethereum has suffered heavy losses in recent months. However, in the last few days, the price has somewhat recovered. Can Ethereum price reach higher valuations ??again and will we even see a $10,000 in the few upcoming months? Let's talk about 3 reasons that might confirm the Ethereum price up towards 10K.
1. Is the World Calming Down?The world has been in crisis mode for a long time in recent months. The pandemic flared up again this winter and a new variant was discovered. Then came the crisis in Ukraine and the war. The times when the crypto market was crisis-proof and even benefited from it are over. Cryptocurrencies and even Ethereum prices are increasingly following tech stocks.
If the crises calm down in the next few months, the crypto market could recover and reach new heights. The Ethereum price should be one of the fastest-growing prices since the adaptation of the blockchain has increased significantly in recent months despite price losses.
2. Ethereum Price is showing Bullish SignsThe Ethereum price has shown an interesting pattern in the last few weeks, which could indicate that a strong bull market is imminent in the medium term. A triangle formation appears to be forming with one angle pointing up. Such a formation suggests a coming bull run.
Fig.1 ETH/USD 1-day chart showing the potential break upwards - TradingViewThe breakout to the upside could be as large as the maximum distance between the two trend lines. We can measure from the breakout point. The Ethereum price could soon break out to over $10,000.
3. Blockchain Adoption to help Ethereum Price up2021 had 3 big hype topics: DeFi, NFTs, and the Metaverse. We are still in the early stages of these issues. The big mainstream adoption of blockchain was yet to come. This could be the case as early as the next few months. NFTs are also becoming more well-known in the mainstream and prices are constantly increasing.
At the same time, decentralized financial products seem to be growing massively on a global scale, especially in developing countries. The metaverse experienced its first hype in autumn 2021. Now it could really expand in 2022. These developments are still being overshadowed by the current crises, but could soon receive more attention again.
As the most popular smart contract platform, Ethereum is at the forefront of DeFi and NFTs in particular. The Ethereum price should grow in the next few months and could attack $10,000.
You can now Buy ETHER cheaply on the crypto exchanges Binance and Bitfinex , Coinbase and Kraken
Ethereum© Cryptoticker
The post Top 3 reasons why Ethereum Price might soon reach $10,000! appeared first on CryptoTicker.
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.
Bitcoin could rise to the $110,000 mark if it manages to breach $98,000, resulting in more buyer demand for the worlds first cryptocurrency.
If the correlation holds up, Bitcoin price could trail the liquidity index to above $110,000 by January 2025, with a potential correction below $70,000 next.
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