Bitcoin is more likely to soar to a new $110,000 all-time high on easing monetary policy than to stage another correction below $77,000.
Analysis News
Analysis is a procedure of dividing a complex topic into several smaller parts in order to improve the understanding of the original question. Analysis is a crucial part of business, economics, computer science, music, math, philosophy and other fields of study. Analysis is widely used in the cryptocurrency industry too. For example, there are numerous kinds of blockchain market analysis made by traders, investors and consultants for improving the understanding of market condition. Analysis of blockchains are mostly performed by computer scientists and developers. Blockchain analysis software helps to gain a better understanding of a cryptocurrency, and to monitor its transactions and risks. Bitcoin analysis tools offer an opportunity of gathering info about transaction time, fees, mining rewards and other important parts of Bitcoin usage for their customers.
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Ether whale accumulation started rising at the beginning of March, suggesting that large holders are expecting an ETH rally in the near term.
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A Bitcoin weekly close above $85,000 will be “critical for resuming upside momentum,” amid ongoing trade war concerns, analysts told Cointelegraph.
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Global tariff concerns are “the biggest driver” for both crypto and traditional markets, Nansen analysts told Cointelegraph.
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Market participants have already been expecting the SEC to drop it’s four-year lawsuit against Ripple Labs, due to the Trump administration’s more crypto-friendly regulations.
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Global trade tensions and fluctuating market dynamics are making investors reconsider their crypto strategies, market analysts told Cointelegraph.
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Investor sentiment hinges on the FOMC meeting and Fed Chair Powell’s signals, which may sway Bitcoin’s next price move, according to crypto analysts.
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Stablecoin volatility and the incoming FTX repayments may further limit Solana’s price action as traders await the outcome of a key technical chart pattern.
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Coinbase stock may see an an over 64% rally from the current $188 mark, if Bernstein's prediction plays out.
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Despite the current correction, Bitcoin price may still see a rally to over $200,000, Gracy Chen, the CEO of Bitget told Cointelegraph.
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The Bitcoin whale closed his short position shortly after a lower-than-expected CPI reading flashed an optimistic Bitcoin signal, due to easing monetary inflation concerns.
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The crypto whale is up over $2 million on his short position, which faces liquidation if Bitcoin recovers above $85,592.
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Analysts are calling Bitcoin’s over 22% correction a temporary price “shakeout” ahead of the next leg up in the Bitcoin market cycle.
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Ether’s decline below the $1,900 “robust” demand zone may bring significant new buying pressure for the world’s second-largest cryptocurrency.
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A weekly Bitcoin close below $81,000 may invite a deeper correction near $76,000 next week, analysts told Cointelegraph.
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