Tag Archives: Predicts

In an analysis released via X, Thomas Young, managing partner at RUMJog Enterprises, is projecting a staggering upward trajectory for Bitcoin’s price by the end of the year, basing his predictions on the influence of Bitcoin Exchange-Traded Funds (ETFs) inflows. As NewsBTC reported, Grayscale’s GBTC outflows have slowed down significantly …

Bitcoin, the largest cryptocurrency in the market, experienced a price recovery on Friday; however, industry experts anticipate a further test of sub-$30,000 levels in the near term.  The prolonged downtrend observed over the past fourteen days, coupled with mounting selling pressure, has raised concerns about the sustainability of the recent …

In a research note on Thursday, JP Morgan indicated a positive outlook for Bitcoin, suggesting that the digital currency has a “limited downside” from its current position. The financial giant’s analysis focuses on the dynamics involving the Grayscale Bitcoin Trust (GBTC) and the newly launched spot Bitcoin ETFs in the …

Charles Edwards, the founder of hedge fund Capriole Investments, offered an in-depth analysis of the Bitcoin market yesterday. His review offers a granular perspective on the aftermath of the historic ETF launches, the pivotal role of major players like Grayscale, and the interplay of market mechanics shaping Bitcoin’s trajectory. Bitcoin …

Bitcoin has been experiencing a downward trend recently, dropping from its 2023 all-time high of about $49,000 to below $41,000 at the time of writing. Despite this significant price correction, popular crypto analyst Kevin Svenson has predicted a new all-time high for BTC in the months after the 2024 Bitcoin …

In a recent analysis, Kiarash Hossainpour, founder of Colorways Ventures and The Consensus, warns of a potential shockwave in the Bitcoin market and pointed to several significant Bitcoin holdings that could exert significant selling pressure on the market in the first half of 2024. Potential Bitcoin Sellers First, Hossainpour drew …

Renowned macroeconomist Henrik Zeberg has set the financial world abuzz with a stark prognosis on X (formerly Twitter), forecasting a dramatic surge in the Bitcoin price to a peak of $115,000 to $150,000. However, this meteoric rise is predicted to find an abrupt end, caused by a devastating macroeconomic downturn, …

In the ever-fluctuating world of cryptocurrencies, crypto analyst Doctor Profit has shared his insights on the upcoming trajectory for Bitcoin amid the digital asset’s price decline. Here’s What’s Next For Bitcoin The cryptocurrency analyst took to the social media platform X (formerly Twitter) to share his projections with the crypto …

Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields. In its recently released 2024 Digital Assets Look Ahead report, asset manager Fidelity Investments predicts a potential resurgence of institutional interest in Decentralized Finance (DeFi) and stablecoins, based on the Federal Reserve‘s anticipated interest rate …

Crypto analyst Michaël Van De Poppe recently made a bullish prediction for the Ethereum price against Bitcoin in the near future, noting the path for this to happen. According to a social media post by the analyst, price action on the ETH/BTC pair for the next months will center around …

With the recent approval of Bitcoin exchange-traded funds (ETFs) injecting new inflows and igniting a sense of bullish sentiment in the market, Solana (SOL) is emerging as one of the top gainers in the past 24 hours.  The cryptocurrency has experienced a 4.5% surge, trading at $99, aiming to reclaim …

Robert Kiyosaki, the renowned author of ‘Rich Dad, Poor Dad,’ has made headlines with his latest Bitcoin forecast. Kiyosaki, known for his financial acumen and investment strategies, has revised his Bitcoin price target from an already ambitious $120,000 to an even more bullish $150,000. This upward adjustment is largely influenced …