Kraken’s Jesse Powell Doubles Down on Huge Year-End BTC Price Prediction

Jesse Powell, CEO of crypto exchange Kraken, is doubling down on his huge year-end price prediction for Bitcoin despite the deep pullback that saw BTC losing over 50% of its value from the all-time high.

Report: Amid pullback, Argentinian Bitcoin miners thriving

Institutional miners and hobbyists alike are taking advantage of energy subsidies to cash in.

Top 5 cryptocurrencies to watch this week: BTC, MATIC, EOS, XMR, AAVE

MATIC, EOS, XMR and AAVE could rally higher over the coming days if Bitcoin price can sustain within the $30,000 to $33,000 support zone. Bitcoin (BTC) is struggling to sustain any price level during the current pullback, indicating a lack of demand at higher levels.

As market slumps, Ren bolsters DeFi liquidity via Fantom, Polygon integrations

The integrations could bring new assets to popular DeFi platforms amid a market-wide pullback.

Nearly a quarter of unique Bitcoin wallets at a loss amid $15K price dump

Bitcoin’s $15,000 price pullback over the last few days has caused the percentage of wallets underwater to exceed 23%. Bitcoin (BTC) is down almost 30% in the last seven days and this dip has triggered an almost commensurate plunge in the percentage of wallets in profit.Data from crypto data provider Glassnode shows that Bitcoin price drawdown has led to almost a quarter of unique on-chain entities being at a loss.

Analyst Names Top Crypto Assets Beyond Ethereum, Says Bitcoin Remain Bullish Despite Pullback

Popular analyst and trader Michaël van de Poppe is providing his take on the latest market correction while naming a set of altcoins that have caught his attention.

Dogecoin Could See Significant Correction Before Surging Over 120%, Says Top Trader

A widely-followed trader is issuing a warning that Dogecoin (DOGE) could face a significant pullback before it can kick off the next leg of its bull market.

Ethereum, Ethereum Classic, Binance Coin Price Analysis: 07 May

Ethereum's rally halted at $3,600 and declining buying pressure suggested a minor pullback before the next leg upwards.

Binance Coin, Neo, Dogecoin Price Analysis: 01 May

Binance Coin projected a minor pullback after trading within an up-channel that peaked at $644.7.

Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH

After a sharp relief rally, Bitcoin price encountered resistance near $55,000, leading to a short-term pullback in select altcoins.

Bitcoin markets record deepest retracement since Black Thursday: Raoul Pal

With Bitcoin’s relative-strength indicator slumping to levels not seen since the March 2020’s Black Thursday crash, Raoul Pal asserts BTC is overdue for a bounce.

DEX volumes continue to surge even as Bitcoin and altcoins correct

Decentralized exchange volumes are on the rise as the pullback in the price of Bitcoin motivates some traders to book profits and rotate into altcoins. Decentralized finance (DeFi) started 2021 by taking the cryptocurrency sector by storm and helping to kick the bull market cycle into high gear as traders capitalized on ways to easily trade cryptocurrencies and earn high yields on their hodl stacks.  Eventually, high fees on the Ethereum (ETH) network and a few sharp market sell-offs helped contribute to a pullback in token prices and DeFi transactions beginning in late February, but that trend appears to have reversed over the past week as activity on decentralized exchanges is once again on the rise.

Peter Brandt: 'Laser eyes' to blame for Bitcoin correction — but it's 'very mild' anyway

Bitcoin has corrected 17% so far and could have further to go.

Trader Ben Armstrong Is Buying Dogecoin and These Three Altcoins Amid Marketwide Pullback

Popular crypto trader and analyst Ben Armstrong is investing in Dogecoin and three other altcoins in the wake of the market pullback on Sunday.

Here Are 4 Crypto Assets To Buy Amid the Violent Dip, Says Trader Credible Crypto

A high-profile crypto analyst who continues to amass a large following due to his bullish XRP calls is unveiling the names of coins that he believes are solid buys amid the violent pullback.

Ethereum, BitTorrent Token, Zcash Price Analysis: 17 April

Ethereum saw a pullback to $2310 after showing a bearish divergence.

Bitcoin Pullback to $20,000 Possible, BTC In Speculative Bubble: Guggenheim CIO Scott Minerd

The CIO of investment firm Guggenheim warns that Bitcoin (BTC) is in a speculative bubble and that a massive pullback may be on the horizon.  In a new CNN interview, Minerd says that the flagship cryptocurrency is surging too fast and that a deep pullback to the previous bull market’s high is not out of […] The post Bitcoin Pullback to $20,000 Possible, BTC In Speculative Bubble: Guggenheim CIO Scott Minerd appeared first on The Daily Hodl.

Ethereum, Bitcoin SV, Compound Price Analysis: 12 April

Ethereum was predicted to touch $2,200 or higher before a minor pullback took place.

Investment Manager Guggenheim Warns of Bitcoin Pullback, Calls It ‘Great Entry Point’ for Investors

Guggenheim CIO Scott Minerd has warned crypto investors about bitcoin’s pullback.

The major Ethereum support area is $1,800 but weaker than Bitcoin‘s — analyst

The buying support for ETH/USD near its record high appears to be weaker than Bitcoin’s. The price of Ether (ETH) is hovering near its all-time high once again, while Bitcoin (BTC) is still far from surpassing its record high at $60,805. But despite ETH demonstrating strong technical momentum and entering price discovery, on-chain analysis finds that its support is "narrower" than Bitcoin. Simply put, ETH faces a bigger risk of seeing a deeper pullback than Bitcoin in the foreseeable future, if the market turns around. USD cost of Ethereum held since November 2020.

Bitcoin exchanges just saw massive Tether stablecoin deposits

Is a broader rally forming for Bitcoin as sidelined capital makes its way onto exchanges? Nearly half a billion in Tether inflows was recorded on April 8 across major Bitcoin (BTC) exchanges, based on Glassnode's data. Considering that the inflows, the biggest since mid-March, coincided with a minor Bitcoin pullback, it indicates that buyers could be waiting to step in following BTC's price drop. Stablecoin deposits into exchanges.

Cardano Price Analysis: ADA Bulls Tap $1.2 Following Yesterday’s Market-Wide Pullback

Cardano recovered to the $1.20 level following yesterday's market slump.

How Chainlink’s (LINK) 22% rally could be just the start

Despite a slight pullback in Bitcoin and Ethereum prices, Chainlink remains strong.

Analyst Who Accurately Predicted Bitcoin’s Big Pullback in March Plots Path Ahead

Crypto analyst Michaël van de Poppe is charting Bitcoin’s short-term trajectory, as the flagship currency bounces back after a dive to the low $50,000 range this week.

Bitcoin market cap back below $1 trillion as correction deepens

More than $140 billion has exited Bitcoin markets over the past seven days.

Why Bitcoin doesn’t pose a challenge to ‘sovereign currencies'

With a 24-hour low of $53,611, the price of Bitcoin saw a pullback after its $61K high recently.

Streaming tokens surge as Bitcoin price drops to the $54,000 support

Tokens related to gaming, video and music streaming rallied to new highs even as Bitcoin price pulled back to the $54,000 support. Bitcoin (BTC) bulls faced strong headwinds on March 22 that quickly dampened any attempt at a breakout above the $58,000 level despite comments from United States Federal Reserve Chair Jerome Powell which called the top cryptocurrency a “substitute for gold.” Data from Cointelegraph Markets and TradingView show that traders made several attempts to push BTC above $58,000 over the past two days only to be rejected, with Monday’s failure resulting in a pullback to the $54,000 support level.

Top Trader Says Five Altcoins Primed To Erupt As Bitcoin Sets the Stage for Explosion to $100,000

A closely-followed crypto trader who built his reputation after nailing the 2020 crash in Bitcoin says he’s looking at five altcoins that can potentially explode this month while Bitcoin undergoes a pullback.

Bitcoin Sees Massive Pullback as Addresses With More Than 1K Coins Reach One-Month Low

Bitcoin is seeing a price correction as the number of BTC whales is reducing, but the market has nothing to fear as institutional investors are still holding down the fort.

Extreme leverage drove $500 million worth of BTC liquidations in one hour

The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges.

Whale Addresses Holding At Least 1,000 Bitcoin are Taking Profits

Crypto analyst Lark Davis has noted that the present pullback is being caused by profit-taking tendencies initiated by Bitcoin whales.

Ethereum, Monero, FTX Token Price Analysis: 08 March

Ethereum recaptured a key resistance mark at $1,687, a level that had not been breached since the broader market pullback in late-February.

Experts divided on BTC predictions: Bullish or super bullish?

From crypto advocates to former skeptics, pundits are outdoing themselves to predict ever higher prices for Bitcoin. Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to tip a glittering future for Bitcoin prices. On Mar.

Cardano, NEM, Sushiswap Price Analysis: 03 March

Even though the on-chain metrics for Cardano, NEM, and SUSHI pointed to a short-term pullback, the fate of the altcoins rested with the bullish cues from Bitcoin and Ethereum.

Ethereum’s Top 10 Whale Addresses are Holding a Total of 16.86 Million ETH as Sentiment for Ether Remains Bullish

New data by Santiment reveals that crypto whales see the current pullback as the perfect storm needed to accumulate more ETH tokens.

Mainnet launch and NFT sale lift Aavegotchi (GHST) to a new all-time high

Aavegotchi price rallied to a new high as the project launched its mainnet and conducted an NFT sale which sold out in less than a minute. Non-fungible tokens (NFTs) have rapidly become the new hot topic in the cryptocurrency sector, as evidenced by Litecoin creator Charlie Lee comparing the current spike in NFT interest to the ICO mania of 2017.  The recent pullback in the cryptocurrency market hit decentralized finance tokens (DeFi) pretty hard but as Bitcoin price recovered the $50,000, DeFi and NFT tokens bounced back rapidly.  One project that has successfully capitalized on the DeFi and NFT boom is Aavegotchi (GHST).

Why March 2021 may see Bitcoin register yet another pullback

In the current Bitcoin price rally, it is a widely known opinion that miner inflows to spot exchanges have led to a drop in the cryptocurrency's price.

Top 5 cryptocurrencies to watch this week: BTC, BNB, DOT, XEM, MIOTA

Bitcoin’s correction is accelerating, but a bounce off the 50-day moving average could give altcoins reason to rebound off lower support levels then move higher. Bitcoin (BTC) price has been correcting in the past few days and traders are curious to know whether this is a minor pullback or the start of a deeper decline.

Ethereum, Cosmos, VeChain Price Analysis: 26 February

Ethereum registered a strong pullback as far south as $1,420 as this level of support was put to the test multiple times in the past few days.

Bitcoin's Illiquid Supply Continues to Grow - What This Means

Crypto trader Carl Martin believes that Bitcoin (BTC) may be getting ready for a monumental move because the current price correction may be a temporary pullback before BTC surges higher.

ARK Invest’s Cathie Wood Warns ‘Valuation Reset’ Coming, Says Firm Plans To Capitalize on Wave of Fear

ARK Invest’s Cathie Wood believes the markets could be headed for a major pullback.

MicroStrategy’s Michael Saylor: Billions will choose Bitcoin for life savings

After a 24-hour low of $45,201 in the price, Bitcoin recently endured a major pullback.

474,968 Bitcoin Trades Worth $4.4 Billion Were Liquidated In the Last 24 Hours Making Price Plunge Inevitable

New data by Bybt reveals the liquidation of $4.4 billion worth of Bitcoin futures, which triggered the cryptocurrency's pullback.

Litecoin, Tezos, IOTA Price Analysis: 22 February

While gains in the broader crypto market have been solid over the past week, a minor pullback in market leaders - Bitcoin and Ethereum was received negatively by most altcoins as focus shifted towards The post Litecoin, Tezos, IOTA Price Analysis: 22 February appeared first on AMBCrypto.

3 Reasons Why Bitcoin’s Price Just Fell by $3K

The sudden pullback just short of a new $50,000 high surprised many investors.

Market Cap Loses $70 Billion as Bitcoin Gets Rejected at $50K (Market Watch)

The week starts with a pullback as the total market cap is down about $70 billion.

Cardano, Waves, Nano Price Analysis: 11 February

Cardano registered a bearish divergence on the charts, but the market sentiment had not shifted to the bearish side, at press time, with a pullback still unlikely for ADA.

Binance Coin, NEM, Maker Price Analysis: 11 February

Binance Coin surged to $148, following which, it registered a pullback to $120.

Current Bitcoin Consolidation Zone Could Act As The Next Bear Market Bottom

With only a 30% pullback on the books, it is hard to consider the most recent consolidation phase in Bitcoin much of a correction.

3 Things Bitcoin Traders Should Watch in FOMC’s First Meeting of 2021

Bitcoin extended its pullback from its weekly high of $32,960 on Wednesday as the market’s focus shifted on the Federal Open Market Committee’s first meeting of 2021.

Top Analyst Says Ethereum (ETH) Facing Major Pullback, Traders Have One Key Level to Watch

Crypto trader and analyst Michaël van de Poppe says Ethereum is ripe for a significant correction after the second-largest cryptocurrency printed a new all-time high.

Crypto Roundup: January 25th, 2021

As the cryptocurrency market recovers from a steep pullback, Ethereum is rising out of a sea of red to hit all-time highs.

Chainlink, Monero, Ethereum Classic Price Analysis: 25 January

Chainlink surged past $24 but displayed bearish divergence, which could see LINK pullback to around $22.

Why traders say Ethereum may see a 'rinse' pullback after breaking its two-year high

Traders say ETH price could pull back temporarily after climbing to a new all-time high above $1,470, despite the momentum of Ethereum. Several traders believe that the price of Ether (ETH) could pull back after it achieved a new all-time high on Jan.

Bitcoin Price Analysis: 24 January

After suffering a massive correction on the 21st of January, the rest of the crypto industry has been able to register a pullback in the upward direction.

Premium on Grayscale’s GBTC Drops as Reports of New Trusts Emerge: Chinese Crypto Community Unhappy

Following the recent bitcoin price pullback, the latest Skew data now indicates that the premium rate on Grayscale’s GBTC is under 10%.

Blockchain Bites: Crypto in the Red, BlackRock Green Lights Bitcoin Futures

The world's largest asset manager will allow two of its funds to get into bitcoin futures, as Guggenheim speculates a market pullback in the near term.

Bitcoin En Route to $30,000 After Price Falls ~12% in a Day; Here’s Why

Bitcoin plunged roughly 12 percent on Thursday, breaking below critical support levels to target $30,000 for a potential pullback.

Top 5 cryptocurrencies to watch this week: BTC, LINK, UNI, XTZ, ATOM

Bitcoin's brief period of consolidation has opened a path for select altcoins to rally higher. Bitcoin (BTC) price has yet to recapture the $40,000 level and traders who were expecting a quick resumption of the uptrend may have been caught off guard by the recent pullback.

Polkadot, Ontology, FTX Token Price Analysis: 17 January

Polkadot showed bearish divergence, and while a pullback isn't mandated, some regions of support can offer good buying opportunities.

Bitcoin Falls by 5% in Sunday Slump

Bitcoin’s pullback continues.

Polkadot gains 75% in one week — But can DOT price reach $20 next?

The price of DOT is getting close to $20 but a pullback shouldn't be ruled out after such a strong rally. Bitcoin (BTC) has made significant moves already this year but altcoins are catching up.

Polkadot, Crypto.com Coin, Cosmos Price Analysis: 14 January

Polkadot was strongly bullish on the charts and a pullback to $10.5 would present a good buying opportunity.

Stellar Leads Crypto Gains as XLM Rallies by 49%; Pullback Ahead?

Stellar Lumens’ native token XLM was among the biggest gainers in the cryptocurrency market in the previous 24 hours, rising by roughly 49 percent in the US dollar-pegged markets.

Crypto Takes Breather After Hitting $1 Trillion Market Cap – eToro Crypto Roundup

Bitcoin tags $40K and Ethereum approaches all-time high before market pullback.

Litecoin, Tezos, Dash Price Analysis: 10 January

Litecoin showed strength in recent days as it rose convincingly past $170, but it exhibited a bearish divergence and could pullback to test the $174 mark.

Binance Coin, Synthetix, Decred Price Analysis: 09 January

Altcoins BNB and SNX showed bearish signals at the time of writing as sellers maintained control of the prices, while DCR projected a northbound move after a minor pullback in prices. Binance Coin [B The post Binance Coin, Synthetix, Decred Price Analysis: 09 January appeared first on AMBCrypto.

These Levels All Suggest Bitcoin Could Rally to $48,000 Before Peaking

Bitcoin has seen some wild price action today, setting new all-time highs before facing a 10% pullback that took place over the span of a few minutes This pullback was short-lived and has mostly been erased in the time since This type of volatility is to be expected in bull markets and is certainly not […]

Ethereum, Tezos, Dash Price Analysis: 29 December

Ethereum saw a pullback after reaching a local high of $747.

Trader Who Called Crypto Correction Says 7 Assets Set to Rally in Imminent Altcoin Season

A popular crypto analyst and trader who called the current market pullback says that the next alt season is just around the corner.

MicroStrategy buys the dip — Now has more BTC than US Govt

Michael Saylor announces another $650 million purchase of Bitcoin as price dips from weekend highs. Business intelligence company MicroStrategy has added to its Bitcoin (BTC) stash, with a purchase of 29,646 BTC for a total of $650 million, an average of around $21,925 per Bitcoin CEO Michael Saylor tweeted the news immediately following a pullback in price to $22,247, although it is unclear whether the acquisition coincided with this event. MicroStrategy announced its intention to buy more Bitcoin earlier this month with a $400 million debt security sale to raise funds for the purchase.

Bitcoin Price Plunges $1500 In Hours On Global Markets Pullback

Bitcoin saw more than $1,500 of its USD value wiped out as global markets tumbled.

Analyst Who Called Crypto Pullback Says These Altcoins Will Surge the Hardest When Market Finds a Bottom

A popular crypto trader and analyst says three altcoins will roar back to life after Bitcoin reaches its bottom.

Where next for Bitcoin price? BTC continues to stagnate below $18K

The downside of Bitcoin is limited in the short term as BTC attempts to recover from a steep pullback.

6 Crypto Assets Are Significantly Outperforming Bitcoin Despite Market Pullback

A handful of decentralized finance (DeFi) assets are outperforming Bitcoin since the crypto market re-awakened this November, even amid the recent price pullback.

Bitcoin price short-term pullback is very possible for 4 key reasons

Bitcoin price is hovering around $19,000 again after a sharp intraday drop.

Bitcoin price risks losing 'critical technical level' as stocks under pressure

Bitcoin faces pullback risk as US stocks begin to drop following a six-week rally. US stocks have started to correct as worries surrounding the pandemic are mounting.

Bitcoin: Why today is a good time to stack sats

For Bitcoin's price, a pullback of 11% is not an unusual event.

Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not Topped’

Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped.

Stack Funds hails Bitcoin's 'healthy correction' predicts ‘euphoria’ ahead

Bitcoin could surge towards $100,000 next year following yesterday’s “healthy pullback”, with market psychology currently in the “belief” stage says Stack Funds.