Tag Archives: target

The crypto market has been on a tear lately, with ChatGPT offering a detailed forecast for Bitcoin’s potential trajectory in 2024. ChatGPT has suggested a high price target for BTC that could significantly impact the market’s dynamics next year and beyond. Additionally, the AI model has shed light on an …

Bitcoin (BTC) remains on track to near $50,000 around next year’s block subsidy halving event, longtime analyst Filbfilb says. In his latest interview with Cointelegraph, the co-founder of trading suite DecenTrader shares his thoughts on BTC price action. Filbfilb: Bitcoin has given “strong indicator” of bear market breakout Bitcoin has …

By Shayan Bitcoin’s recent price movement indicates a struggle between sellers and buyers around the significant $35K resistance area, resulting in consolidation with slight volatility. However, a bullish breakout at this level holds the potential for a substantial uptrend. The Daily Chart Upon analyzing the daily chart, Bitcoin has maintained …

Bitcoin price (BTC) is currently displaying a significant uptrend, showing no signs of slowing down. The cryptocurrency has already begun its fifth bull run, with impressive price targets anticipated in the coming year.  A recent report from Matrixport highlights BTC’s history of four distinct bull market cycles, each driven by …

Over the past week, Bitcoin price has displayed a notable bullish momentum. This comes after a prolonged consolidation phase during which the leading cryptocurrency remained stagnant below the $27,000 mark for an entire month. However, with the recent breakout and the resurgence of bullish sentiment in the market, experts are now …

Despite the bearish sentiment prevailing in the futures market and among traders, Ethereum’s recent price action provides a glimmer of hope, as it hints at the possibility of a short-term reversal to reclaim the 200-day moving average. Technical Analysis By Shayan The Daily Chart Ethereum’s price has been in a …

Klaviyo has followed in the footsteps of Instacart and has raised its funding target for the upcoming listing, along with share price range. Marketing and data automation company Klaviyo Inc has reportedly boosted its initial public offering (IPO) target to $557 million. This boost now puts Klaviyo’s market valuation at about …

Ethereum’s recent market performance has seen an unexpected and sharp rejection from the $1.8K resistance level, triggering a significant downward trend that broke down both the pivotal 100-day and 200-day moving averages. This development is a clear, bearish signal for Ethereum’s mid-term prospects. Technical Analysis By Shayan The Daily Chart …

Polkadot (DOT), the innovative cryptocurrency known for its interoperability-focused blockchain platform, displayed a surge in buying pressure, indicating a potential short-term bullish trend. Despite this optimism, cautious conditions still prevail for prospective buyers in the volatile crypto landscape.  While DOT faced a 2.1% slump in the past 24 hours and …

After a prolonged period of tranquil price activity near the critical level of $1.8K, there has been a significant and rapid downturn at ETH following a notable rejection. This sudden cascade has caused the price to drop below the 100-day and 200-day moving averages (MAs), indicating a bearish signal for …

Bitcoin’s price movement has remained stagnant after being rejected from the critical resistance zone at $30,000. However, it is currently consolidating near a pivotal support area, which includes both the 100-day moving average and the lower boundary of a multi-month ascending channel. Technical Analysis By Shayan The Daily Chart The …

A prolonged struggle has been ongoing between buyers and sellers centered around the 100-day moving average. The price has been exhibiting remarkably low volatility, which suggests a state of indecision in the market. The price action within this pivotal price range could potentially indicate Bitcoin’s future price movement. Technical Analysis …