Price Analysis | Crypto Profit Bot

Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader

April 10, 2021

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According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year. 42660 Total views 171 Total shares Ethereum is likely to outperform Bitcoin, at least in the short term, said veteran trader Scott Melker in an exclusive interview with Cointelegraph. Alt szn is upon us Melker sees this period of Bitcoin’s […]

Price analysis 3/26: BTC, ETH, BNB, ADA, DOT, XRP, UNI, THETA, LTC, LINK

March 26, 2021

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Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term instead of booking profits. HODLing by institutions is a huge positive as it will continue to reduce Bitcoin’s available supply, which may boost […]

Price analysis 3/19: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH

March 19, 2021

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A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three years” when it will be clear whether Bitcoin will evolve into an asset class or […]

Fresh wave of interest pushes Cardano near all-time highs

March 19, 2021

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ADA recently came within a penny of its previous U.S. dollar all-time price high. 32877 Total views 70 Total shares Cardano (ADA) made a run at its all-time price high on March 18, following renewed retail interest in the asset. It ultimately hit a price of $1.47 on Thursday, based on TradingView data from the Kraken […]

Bitcoin price facing final resistance before $68K?

March 19, 2021

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Bitcoin’s (BTC) price has so far failed to make new all-time highs above $60,000 this week. After the breakout above $58,000, negative news from India, as well as general macroeconomic weakness and rebounding U.S. dollar, appear to have halted the rally. This resulted in a pullback toward $53,000 on March 16. Such a move is normal […]

Buy-the-dip signal? Ethereum sees surprise gain vs. Bitcoin despite BTC drop

March 15, 2021

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Bitcoin’s (BTC) price made another new all-time high above $60,000 over the weekend. However, the same cannot be said for Ether (ETH), and the market in general didn’t show much strength thereafter for a continuation. As a result, BTC price has dropped by 7% over the past 24 hours. During this pullback, ETH also dropped in its U.S. […]

Ethereum vs. Bitcoin: Did ETH/BTC just bottom as Ether eyes $2K?

March 10, 2021

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Bitcoin’s (BTC) price has been broken past a major resistance level of $52,000 in the past few days and is approaching the all-time high region. However, other cryptocurrencies are rallying heavily as well. In the recent months, the market has seen massive surges for Cardano’s Ada, Polkadot’s DOT and Cosmos’ Atom. These altcoins have been […]

Bitcoin price breakout imminent: Why BTC bulls and bears are battling at $52K

March 8, 2021

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Bitcoin’s (BTC) price has been consolidating in the previous weeks as the sentiment and momentum have slowed to a crawl. That’s very natural, as it’s also impossible to throw a six every time. Therefore, consolidation and correction are necessary for the market to recharge before resuming the uptrend. Several reasons were given for such a […]

Is Bitcoin at risk of another drop below $40K in a historically corrective March?

February 27, 2021

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Bitcoin (BTC) has seen a corrective week as the price dropped from $58,000 to $44,000 in a matter of days. This dropdown caused a panic reaction across the markets as the euphoria was immediately halted. For instance, the Crypto Fear and Greed Index plunged to monthly lows of 56 after being above 90, or “extreme […]

Bitcoin price crashes below $48K, but is the bull market in danger?

February 22, 2021

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Bitcoin’s (BTC) price has been grinding up nicely over the past few weeks, but the past 24 hours have seen a significant correction. BTC price dropped by over $10,000 from $58,000 to under $48,000, a correction of almost 20%. This pullback — which many anticipated as 28,000 BTC was deposited to Gemini — also caused other cryptocurrencies […]

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Category: Price Analysis