Tags : Expect

Bitcoin

Currency.com says 20% of users expect Bitcoin above $100k by

A crypto-focused survey compiled by Currency.com revealed that the general sentiment on Bitcoin and other digital assets is primarily bullish. The firm is a UK-based platform that also offers a full spectrum of crypto and mainstream assets including tokenized stocks, indices, and commodities. Nearly two-thirds of respondents said they allocate 30 percent of their portfolio […]Read More

Bitcoin

Solid Upside Rejection as Bitcoin Tests $60,000; What to Expect?

Bitcoin bears attempted to take control during the early European session as the cryptocurrency neared a $60,000-valuation. The BTC/USD exchange rate slipped by as much as 4.89 percent from its intraday high of $59,800, triggering over $388 million worth of long positions across all the derivative exchanges in just four hours of trading. A sell […]Read More

Bitcoin

Bitcoin Plunges Ahead of Critical US Inflation Data Release; What

Key Bitcoin Takeaways Bitcoin staged an incredible bounce in the early morning session on Wednesday, breaching $55,000. Nonetheless, retreating US bond yields prompted traders to sell the multi-week top. The underlying bullish sentiment kept Bitcoin above crucial support levels while the market awaited the US Consumer Price Inflation report. Bitcoin went through an aggressive short-covering […]Read More

Bitcoin

Bitcoin Volatility Declines to 1-Month Low; What to Expect?

Bitcoin expects to undergo major price swings in the coming sessions as its price volatility hits its lowest levels in more than a month. The benchmark cryptocurrency has chartered lower highs and lower lows (wedge) since the beginning of January, and a lack of strong market bias has both bears and bulls scraping for clues. […]Read More

Blockchain

Valid Points: What to Expect When Ethereum 2.0 Undergoes Its

Eth 2.0 is looking at its first hard fork this year. The Ethereum Foundation-backed research team is currently organizing schematics for a  mid-2021 backward-incompatible change to the Beacon Chain, according to a Jan. 14 developer’s call. This hard fork is really not a hard fork in the traditional sense, Teku client project manager Ben Edgington […]Read More

Bitcoin

Bitcoin Weekly Outlook: Expect Bear Trap as Focus Shift on

Bitcoin has switched its short-term market bias from bullish to bearish in the last two weeks. The flagship cryptocurrency attracted sellers as soon as it established a fresh record high near $42,000. While the price dropped by as much as 31.57 percent since then, it also recovered due to an apprehensible buying sentiment near psychological […]Read More

Cryptocurrency

Why more analysts are starting to expect Ethereum may hit

More analysts are beginning to believe that Ethereum could achieve $10,000 to $20,000 in the long-term. The $20,000 target was first brought upon during this bull cycle by Real Vision Group CEO Raoul Pal. The industry executive noted that Ethereum is following Bitcoin’s growth trajectory based on Metcalfe’s law. “Oh shit, really? Is ETH identical […]Read More

Bitcoin

Bitcoin Weekly Outlook: Expect Bull Rally to Resume on Poor

Bitcoin opened lower this week as prospects of an orderly transition of power in Washington and a spike in US Treasury yields hammered the cryptocurrency’s overextended rally. The BTC/USD exchange rate slumped by up to 12.67 percent on Monday, logging an intraday low of $33,333. Some analysts claimed that it was a natural price correction, […]Read More

Bitcoin

Here’s What History Says To Expect From Bitcoin In 2021

Bitcoin has had an explosive breakout year as a maturing financial asset,. The cryptocurrency is finally being considered by institutional investors for the first time, during a year that will go down in history for unprecedented money printing.  The asset’s hardcoded digital scarcity is a primary driver of its boom and bust cycles, and in […]Read More