Real Vision’s head crypto analyst Jamie Coutts says that the US dollar is on the verge of foiling the rally for Bitcoin (BTC) and digital assets. While the long-term bullish structure is still intact, Coutts says that a strong dollar is threatening to derail BTC’s movement in the short term. “The macro backdrop has soured. […]
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Crypto analyst Jamie Coutts cautioned traders to "be careful" when margin trading Bitcoin, given the growing strength of the US dollar.
The United States dollar rising to year-to-date highs has raised concerns about the sustainability of the current Bitcoin bull run, with a crypto analyst warning traders to be cautious about making overly speculative bets.
“The macro backdrop has soured. Dollar strength is not good for Bitcoin,” Real Vision chief crypto analyst Jamie Coutts said in a Nov. 14 X post.
Coutts pointed to his “liquidity framework” chart — which illustrates a historical negative correlation between USD and Bitcoin’s (BTC) price — to suggest that Bitcoin’s price is “sensitive to short- to medium-term momentum shifts,” while cautioning traders to “be careful with leverage.”
Real Vision analyst Jamie Coutts says that the stage is being set for a crypto bull market as multiple indicators turn bullish. On the social media platform X, Coutts says nearly every metric he uses to measure the health of the Bitcoin market cycle is no longer in “overheated” territory, boding well for BTC. “Over […]
The post ‘The Stage Is Set’ – Real Vision Analyst Jamie Coutts Says Several Metrics Flashing Green for Bitcoin appeared first on The Daily Hodl.
Real Vision analyst Jamie Coutts believes that one investment trend could be the catalyst that sends Bitcoin (BTC) soaring to six figures. Coutts says that increasing Bitcoin adoption among money managers could cause the flagship crypto asset to increase by more than 643% of its current value before 2030. “Every time a money manager chooses […]
The post Real Vision Crypto Analyst Jamie Coutts Says One Catalyst Could Trigger Bitcoin Explosion to Above $500,000 appeared first on The Daily Hodl.
Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) and other digital assets may be about to break out of a bearish phase as the flagship crypto reclaims the $63,000 level. Coutts says that increasing global liquidity and a healthy crypto ecosystem suggest that the market correction may be reaching an end before the start […]
The post Analyst Jamie Coutts Says Crypto Market Could Be in the Final Throes of a Bearish Phase – Here’s Why appeared first on The Daily Hodl.
Smart contract platforms have reached all-time highs in active addresses in the face of a price correction – a good sign for the asset class, according to analyst Jamie Coutts. Citing active address data from the analytics platform Artemis, Coutts says that the surge during the current price dip is a positive sign. “The daily […]
The post Crypto Reaches New All-Time High in Active Addresses Amid ‘Healthy Correction in Bull Market’: Jamie Coutts appeared first on The Daily Hodl.
Real Vision analyst Jamie Coutts believes that Bitcoin (BTC) could finish the year much higher as the crypto king chops around. In a new video update, Coutts says that market liquidity is starting to increase, setting up Bitcoin to rally in the final four months of the year when the flagship cryptocurrency generally performs well. […]
The post Bitcoin Primed for a ‘Pretty Strong’ Fourth Quarter, According to Real Vision Analyst Jamie Coutts – Here’s Why appeared first on The Daily Hodl.
A crypto analyst says Ether could make a “major push” to $3,500 if it holds a $2,800 weekly close, and futures traders are betting on an upward move.
Ether’s price chart is signaling a potential rise to levels not seen since the launch of spot Ether exchange-traded funds (ETFs) in July, but analysts believe a weekly close at $2,800 is needed to confirm the move.
“If Ethereum can close a weekly above $2,800, I do think Ethereum is going to see a major push toward this upper $3,500, $3,600 area, which will also propel the alts,” crypto analyst Matthew Hyland said in an Aug. 24 analysis video.
The Ether (ETH) price is currently trading at $2,758, following a week of trading around $2,600 since Aug. 17, according to per CoinMarketCap.
Real Vision analyst Jamie Coutts says that altcoins may be close to repeating the explosive mania of 2020 and 2021. Coutts says on the social media platform X that the crypto market cycle is currently at a point “where selective high-quality assets are bottoming and will outperform when the bull resumes.” The analyst shares a […]
The post Setup for 2021 Altcoin Explosion May Be Presenting Itself Again Amid Rising Global Liquidity: Jamie Coutts appeared first on The Daily Hodl.
The chief crypto analyst at Real Vision says the global money supply (M2) metric is showing a “perfect” scenario for Bitcoin (BTC). Jamie Coutts says on the social media platform X that a historical relationship between Bitcoin and M2 suggests that the flagship cryptocurrency is in the midst of a consolidation phase while an increase […]
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