Crypto Strategist Benjamin Cowen Warns of Potential Bitcoin Plunge, Impact on Altcoins
Benjamin Cowen, a prominent crypto strategist, is warning of a potential Bitcoin (BTC) plunge, which he believes could negatively impact altcoins. Cowen suggests that Bitcoin may experience an 8% drop from its current level, which could be followed by even more significant losses. Cowen expresses ...
JPMorgan Experts Express Disappointment Over Ethereum’s Shanghai Upgrade
JPMorgan International Corporation (JPM) experts have expressed disappointment with the results and network activity of the April update of the Ethereum network known as the Shanghai upgrade. According to their findings, the Shanghai upgrade did not have the anticipated impact on the activity levels ...
Filecoin (FIL) Faces Downtrend as Base Fee Variation Declines: Analysis
Filecoin (FIL) has been experiencing a downtrend, with its base fee variation declining and a slight variation in storage power trends. The FIL price has also been consolidating and observed a 1.9% decline in the intraday session. Filecoin is a decentralized storage system designed to store impor ...
Bitcoin Price Analysis and Market Trends: September 2023
Prominent cryptocurrency influencer Ben Armstrong, previously known as BitBoy, found himself in a dramatic situation as he was arrested while live-streaming outside the residence of a former business associate. Armstrong accused the associate of possessing his Lamborghini. The incident unfolded afte ...
Historical Data Suggests Strong Year-End Performance for Bitcoin, Potential $37,000 Target
The final quarter of each year has traditionally seen Bitcoin (BTC) perform exceptionally well, with an average return exceeding 35% over the past nine years, as reported in a recent analysis by crypto services provider Matrixport. Markus Thielen, Head of Research at Matrixport, has suggested tha ...
Analyst Who Predicted 2022 Bitcoin Bottom Sees Potential for New High in 2023
An analyst known as DonAlt, who correctly predicted the bottom of the Bitcoin (BTC) market in 2022, believes that BTC has the potential to experience a significant rally and reach a new yearly high in 2023. DonAlt suggests that if Bitcoin breaks through the current resistance level, it could target ...
Ethereum Faces Critical Support: Analyst Crypto Tony Weighs In
Prominent cryptocurrency analyst Crypto Tony has turned his attention to Ethereum's current situation, emphasizing the importance of a critical support level. Tony has outlined potential scenarios and his strategy based on how Ethereum behaves at this crucial juncture. Tony's analysis is rooted i ...
Litecoin Prepares for Pre-Halving Rally, Analyst Predicts
A renowned cryptocurrency analyst believes Litecoin altcoin is preparing for a "pre-halving rally," which should begin in early August. Michel van de Poppe opined that the LTC coin needs to overcome strong resistance at the $93 level to start the rally. In this case, the ...
Bitcoin Poised for Growth as Analyst Ton Vays Anticipates Breakout
Popular cryptocurrency analyst Ton Vays believes that bitcoin is ending its consolidation phase and is ready to return to a rising trend. According to the cryptocurrency strategist, many investors have already "bought off the bottom of bitcoin," so the first cryptocurrenc ...
Ethereum Price Analysis: Uncertainty Prevails as Bulls and Bears Vie for Control
The Ethereum (ETH) price has been falling since early April, when it temporarily deviated above an important long-term horizontal resistance While this may lead to further declines in ETH, both bullish and bearish wave analyses are still relevant. Thus, the direction of the long-term trend of ETH ...