As a seasoned crypto investor with years of experience in the market, I’ve seen my fair share of price corrections and bull runs. The recent correction in Bitcoin’s price, which has retraced nearly 10% from its all-time high, is concerning but not unexpected. The price of Bitcoin has undergone a substantial decrease after it was … Read more
As an experienced financial analyst, I find Scaramucci’s prediction of Bitcoin reaching new all-time highs during a second Biden administration intriguing. His belief in the potential price range of $170,000 to $250,000 for Bitcoin is bold and could potentially yield significant returns for investors. However, it is essential to acknowledge that such predictions are speculative … Read more
As an experienced analyst, I’ve closely monitored the cryptocurrency market for several years now, and the current trend forming in Bitcoin’s daily Relative Strength Index (RSI) has piqued my interest. In a recent post on X, fellow analyst Ali Martinez highlighted how the RSI has dipped into the oversold territory for the first time since … Read more
As an experienced analyst, I believe that the recent decline in Bitcoin’s price below $60,000 is a clear sign of a short-term downtrend. The repeated failure to hold above key resistance levels such as $62,550 and $63,500 suggests that bears are in control. As a researcher studying the Bitcoin market, I’ve observed that the price … Read more
As an experienced analyst, I have closely observed Ethereum’s price behavior over the past few days. Ethereum extended its losses and tested the critical support zone at $3,240 after failing to surpass the $3,500 resistance. The bears took control of the market, pushing the price below the $3,320 support level. The cost of Ethereum continued … Read more
As a seasoned crypto investor with a few years under my belt, I’ve learned to read between the lines when it comes to market trends and analyst predictions. While Ethereum’s current downturn is disheartening, seeing rising open interest in ETH futures at CME is an encouraging sign. Institutions are positioning themselves to push prices higher, … Read more
As a researcher with experience in the digital asset industry, I find CoinShares’ successful recovery of its FTX claim to be a remarkable achievement. The company’s diligent efforts to negotiate and sell its claim for an impressive 116% net of broker fees is a testament to their expertise and tenacity in navigating complex situations. In … Read more
As an experienced financial analyst, I find the recent survey conducted by Nomura Holdings on investment managers’ interest in crypto assets quite intriguing. With nearly half of the respondents expressing their intent to invest in crypto within the next three years, it is clear that Japan’s traditional financial sector is recognizing the potential value of … Read more
As a seasoned crypto investor, I’ve witnessed my fair share of market volatility over the years. The recent 4.8% decline in Bitcoin (BTC) price within a day, dropping to $60,601 from $64,000, has left me feeling uneasy but not entirely surprised. Over the past 24 hours, Bitcoin (BTC) experienced a steep drop of approximately 4.8%, … Read more
As an experienced analyst, I’ve seen my fair share of market volatility in the crypto space, and this latest Bitcoin crash is a stark reminder of the risks involved in trading digital assets. The sudden 5% drop in price to $61,000 level took investors by surprise, triggering a wave of liquidations that has left tens … Read more