Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he ...
Tag: Bottom
Ethereum (ETH) Bottom Finally In? Fidelity’s Macro Analyst Says Price of Bitcoin (BTC) Offers a Clue
Fidelity’s director of global macro is evaluating where Bitcoin (BTC) and Ethereum (ETH) stand after months of price capitulation. Jurrien Timmer tells his 131,200 Twitter followers that Bitcoin is li...
This Indicator Points that the Bottom is Here or Nearby
The primary cryptocurrency has slightly recovered in the last few days and was able to reclaim the $20K level. This area is the previous 2017 ATH and acts as a psychologically significant support pric...
“Bear market will end soon”, J.P. Morgan predicted when BTC hits bottom
The crypto market appears to be at its lowest for 2022, when the bear seems to never end. However, JP Morgan’s Nikolaos Panigirtzoglou claimed that the recent liquidity crisis in the cryptocurrency ma...
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the Ethereum network transi...
Top Bitcoin Analyst Says These Metrics Indicate BTC May Be Near Its Bear Market Bottom
A Bitcoin (BTC) trading veteran says BTC’s 200-week moving average (200WMA) and relative strength index (RSI) are flashing positive signals. Pseudonymous analyst Plan B tells his 1.9 million followers...
Puell Multiple Reaches Bear Market Bottom
In today’s on-chain analysis, Be[In]Crypto looks at the Puell Multiple indicator to determine whether Bitcoin (BTC) has already reached the bottom of the ongoing bear market. Historical data suggests ...
Bitcoin traders expect a ‘generational bottom,’ but BTC derivatives data disagrees
A descending triangle pattern has been pressuring Bitcoin (BTC) for the past three weeks and while some traders cite this as a bullish reversal pattern, the $19,000 support remains a crucial level to ...
Circular Analysis Suggests Bottom Is Near
Technical analysts of the cryptocurrency market have recently provided new insights into the traditional concept of Bitcoin cycles. According to the circular analysis, the largest cryptocurrency is cl...
Bitcoin Bottom Confirmation by July 15th
Since April 2022, the crypto market has been overcome with bearish pressure. However, the market has turned green from the start of July as the bulls have gained slight control over the major cryptocu...
Enjin Coin (ENJ) Creates Bullish Double Bottom Pattern
Since May 16, Enjin Coin (ENJ) has been in the process of creating a bullish pattern that has been combined with bullish divergence in the RSI. ENJ has been falling since reaching an all-time high pri...
“Bear Market Will End Soon”, J.P. Morgan Predicted When BTC Hits Bottom & Rebounds
The crypto market appears to be at its lowest for 2022, when the bear seems to never end. However, JP Morgan’s Nikolaos Panigirtzoglou claimed that the recent liquidity crisis in the cryptocurrency ma...
Key Bitcoin chart ‘will confirm bottom is in’ by July 15, says trader
Bitcoin (BTC) is due to give a definitive signal that a macro bottom is in this month, one analyst has concluded. In a Twitter thread on July 6, popular commentator Wolf eyed key moving average data a...
Charts suggest the market could bottom after more weakness
CNBC’s Jim Cramer on Wednesday said that the market could find a bottom later this year now that stocks have come down and Wall Street’s optimism has waned. “The charts, as interpre...
Bitcoin Flashing Multiple Bottom Signals After Massive Systemic Shock, According to ARK Invest Analyst
Bitcoin (BTC) is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management. Elmandjra notes BTC is trading below its 200-week moving average (MA) short ...
Bitcoin (BTC) Price To Bottom At This Level – Predicts Peter Brandt – Coinpedia – Fintech & Cryptocurreny News Media
During the last 24 hours, the global cryptocurrency market rebounded to its earlier position, with all significant cryptocurrencies trading in the red. Following a brief rally, it’s not just Bitcoin a...
Analyst Who Nailed May 2021 Bitcoin Crash Says BTC Flashing Major Bear Market Bottom Signal
A keen crypto strategist says one Bitcoin (BTC) indicator is flashing the same signals that marked the 2015 and 2018 bear market bottoms. Dave the Wave, the pseudonymous analyst who accurately predict...
Bitcoin Bottom Getting Closer as Speculators Almost ‘Completely Expulsed’: Glassnode
After confirming that June was bitcoin’s worst trading month in over a decade, the analytics resource Glassnode suggested that the bottom could be near as the so-called “market tourist” have fled the ...
Bitcoin (BTC) Creates Double Bottom Pattern at $19,500
Bitcoin (BTC) has created a bullish pattern and its first higher low since June 18. The daily RSI has yet to confirm the bullish trend reversal. BTC has been falling underneath a descending resistance...
Bitcoin Long-Term Holder Capitulation Approaching Bottom Zone, But Not Quite There Yet
On-chain data shows Bitcoin long-term holder capitulation has deepened recently, but has not entered into the historical bottom zone yet. Bitcoin Long-Term Holder SOPR Continues To Observe Deep Values...
Bitcoin Hints at a Bottom, But It May Be Different This Time
(Bloomberg) — It’s a perennial exercise whenever an asset is mired in a prolonged and deep drawdown: People look at the charts, they go over this or that indicator and they get their checklists ...
Hedge Fund Veteran Anthony Scaramucci Says FTX CEO Sam Bankman-Fried May Have Signalled Bottom in Crypto Markets
Skybridge Capital founder Anthony Scaramucci says that FTX CEO Sam Bankman-Fried’s decision to bail out crypto lending platform BlockFi is an indication that we may have reached the bear market’s bott...
Indicator That Predicted Bitcoin’s Bottom During Last Two Bearish Cycles Flashes Again: Details
As shared by crypto analyst Ali Martinez, Santiment’s MVRV index, which timed Bitcoin’s market bottom in the last two bearish cycles, is flashing once again. Bitcoin’s MVRV 365D fell...
Bitcoin Flashing Major Bottom Signal, According to Economist Alex Krüger – But There’s a Catch
A widely tracked economist says that Bitcoin is flashing a signal that has historically marked the bottom not only for BTC, but for all asset classes as well. Alex Krüger tells his 139,200 Twitter fol...
Bitcoin reaching to a generational bottom
On Thursday, hedge fund manager CNBC contributor Brian Kelly explained after we might expect to envision the Bitcoin worth hit bottom. In keeping with his bio on the CNBC website, Kelly is that the fo...
Can This Bitcoin Ratio Have Hints For A Bottom?
Past trend of the Bitcoin actual/realized price ratio may be forming a pattern that could hint at a possible bottom for the crypto at $17k. Bitcoin Actual/Realized Price Ratio Currently Has A Value Of...
MicroStrategy Buys More Bitcoin – Is this a Bottom Signal
MicroStrategy Inc, a business intelligence and software company headed by Michael Saylor, recently made a Bitcoin purchase, at times when the crypto market appears to be on the brink of collapse. The ...
Ripple Price Analysis: After Losing 15% Weekly, Did XRP Finally Find a Bottom?
XRP bulls had failed to push the price above $0.4 over the past few days and are now trying to form a higher low to preserve the last chances for a bullish structure. However, the market is still unde...
Bear Market Bottom Is Approaching! Here Is When
A well-known cryptocurrency expert believes he has discovered exactly when the Bitcoin (BTC) market correction will completely emerge. According to anonymous analyst Rekt Capital in a recent conversat...
The Graph (GRT) Creates Double Bottom After New All-Time Low
Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most from June 24 to July 1, including The Graph (GRT), which has created a bullish pattern. These cryptocurrencies are: Waves...
Bitcoin Whales Quietly At It Again As Investors Wait For Bottom
At a time when a majority of Bitcoin traders are at a standstill anticipating a bottom, the big Bitcoin whales are quietly accumulating at cheap prices. As Bitcoin prices fell steeply in the last thre...
Bitcoin Bottom Not In, Solana (SOL) Price To Crash 40%
Crypto expert Justin Bennett cautions that two virtual currencies are under tremendous stress as markets continue to fall. Beginning with Bitcoin (BTC), expert believes that the mainstream cryptocurre...