Crypto analyst Dave the Wave has recently provided an optimistic outlook for Bitcoin, despite the cryptocurrency’s recent stumble. In a social media post, he suggested that Bitcoin could skyrocket to as high as $300,000 based on his logarithmic growth channel (LGC) indicator. According to his analysis, this remarkable price surge is anticipated to occur in
Bitcoin
In the world of cryptocurrencies, Bitcoin remains the flagship digital asset that often sets the tone for the entire market. Analysts have been closely monitoring its price action, especially in light of the recent halving event. Several major crypto analysts have shared their insights and predictions regarding the future trajectory of Bitcoin. CrediBULL Crypto’s Optimistic
The process of creating art that is inspired by cryptocurrency is a unique and innovative endeavor. Artists are constantly exploring new ways to express the essence of digital currency through their work. VESA, a prominent artist in this space, recently released a Bitcoin-specific piece exclusively on Scarce.City. This artwork not only showcases VESA’s creative talents
The XRP price has been facing challenges in recovering above the critical $0.5050 resistance zone. Despite attempting a recovery wave above $0.4920, similar to Ethereum and Bitcoin, XRP failed to sustain its momentum. The bears remained active near $0.5050, leading to a decline in price once again. XRP is currently trading below $0.500 and the
Delving into the world of cryptocurrency is like embarking on a treasure hunt mixed with storytelling, at least for one dedicated journalist named Christian. Christian’s journey with the written word began long before the age of Bitcoin, as he honed his craft as a feature writer for his college paper. This early love for storytelling
The Bitcoin price has hit a roadblock after reaching the $71,000 level, hovering in a state of uncertainty and indecisiveness. This period of stagnation often serves as a precursor to a significant price movement, but predicting the direction in which the price will move is a challenging task. Alan Santana, a crypto analyst, has conducted
Bitcoin, as the leading cryptocurrency in the market, continues to face challenges in reaching the anticipated milestone of $100,000. Despite the introduction of spot Bitcoin Exchange-Traded Funds (ETFs), the price surge remains elusive. Charles Edwards from Capriole Investments highlighted the obstacles hindering Bitcoin’s growth, particularly the selling off of Bitcoin by long-term holders. This trend
Philip Swift, the creator of LookIntoBitcoin, recently pointed out the substantial increase in global liquidity, reaching a new all-time high (ATH). Swift emphasized the critical nature of this indicator in predicting Bitcoin’s surge in the current bull market. According to Swift, global liquidity is the most important chart to monitor during this bull run, as
The recent surge in Bitcoin’s price to $70,000 has once again piqued the interest of investors, sparking conversations about the future price outlook. Long-term holders have seen their investments move into the profit zone, fueling a sense of optimism in the market. The return of the Coinbase premium, a key indicator for US-based investors, has
Bitcoin long-term holders have once again found themselves in a profitable position due to the recent surge in the cryptocurrency’s price. According to Glassnode, long-term holders (LTH) hold over 85% of the Bitcoin supply in profit. This is a significant shift from short-term holders who are still facing losses from their Bitcoin holdings. Short-term holders