Архивы market sentiment

Unleashing Bitcoin Halving: A Month Awaits!

2 минуты чтение

Bitcoin

Unleashing Bitcoin Halving: A Month Awaits!

2 месяца тому назад admin

Decoding the Bitcoin Halving As we inch closer to Bitcoin's halving, the cryptocurrency market witnesses a flurry of activity that...

The current year has already witnessed significant developments impacting the cryptocurrency industry, with one of the most crucial events being the approval of spot Bitcoin ETFs in the United States. Recently, the flagship of the crypto market reached global extremes, last seen in 2021. Many industry experts note that a full-fledged bull run is just beginning. With the highly anticipated halving scheduled for April, which could have a significant impact on the coin's dynamics, experts at Finbold sought insights on the potential price of BTC post-halving. According to ChatGPT, the machine learning system suggests that even before the event, Bitcoin could reach a new all-time high of $69,000. Following the halving, its price could potentially reach $80,000. It is worth noting that the reduction in miners' rewards for mined blocks has the most substantial impact several months later. According to ChatGPT, by December 31, 2024, Bitcoin could rise to $85,000. However, the machine learning system has also formulated a possible negative scenario in which Bitcoin could plummet to $10,000. This would only occur in the event of market fatigue, the implementation of regulatory crackdowns, and the emergence of a significant competitor. Previously, trader Skew reported that from a technical standpoint, Bitcoin confidently surpasses all resistances, which then act as strong supports. According to the specialist, the leading digital currency appears overbought, but there are currently no signs of a deep correction. Skew also highlighted the sustained institutional demand for the leading digital currency. Against this backdrop, specialized ETFs actively attract funds from large investors.

1 минута чтение

Bitcoin

Bitcoin Price Forecast: Analysts Predict Bull Run After Halving

3 месяца тому назад admin

The current year has already witnessed significant developments impacting the cryptocurrency industry, with one of the most crucial events being...

1 минута чтение

Altcoins

Analyzing the Swift Rise of ImmutableX (IMX) and Its Future Outlook

3 месяца тому назад admin

Unraveling the Recent Surge of ImmutableX Stay informed about the remarkable ascent of ImmutableX (IMX) over the past 20 days,...

XRP, cryptocurrency, analysis, bullish trend, market sentiment, technical indicators

2 минуты чтение

Altcoins

XRP Analysis: Signs of Recovery Amidst Stagnation

3 месяца тому назад admin

Despite optimistic expectations, the price of XRP has remained stagnant for several weeks, sparking discussions and disappointment within the community....

2 минуты чтение

Bitcoin

Bitcoin Analysis and Putin’s Interview: Insights from Michaël van de Poppe

3 месяца тому назад admin

Bitcoin Price Range and Outlook: Michaël van de Poppe, the Head and Founder of MN Trading, released a video review...

Crypto Market Analysis: Short Squeeze Potential for Curve DAO (CRV) and XRP

2 минуты чтение

Altcoins

Crypto Market Analysis: Short Squeeze Potential for Curve DAO (CRV) and XRP

3 месяца тому назад admin

Short squeeze events can occur when bearish cryptocurrency traders dominate the market, opening short positions and creating high liquidity. The...

Crypto Analysts Share Diverse Views on XRP Price Movement

1 минута чтение

Altcoins

Crypto Analysts Share Diverse Views on XRP Price Movement

3 месяца тому назад admin

Market Sentiment Amidst Decline Despite the recent downturn in XRP prices, cryptocurrency traders and analysts maintain a bullish outlook. According...