Bloomberg Analyst Mike McGlone Says Bitcoin (BTC) Facing One Massive Headwind As It Hovers Above $30,000

June 23, 2023 The Daily Hodl

Bitcoin

Bloomberg Intelligence’s senior macro strategist Mike McGlone is warning that Bitcoin’s (BTC) latest rally above $31,000 is running up against a powerful headwind. McGlone tells his 58,500 Twitter followers that he believes recessionary pressures are coming that could cause Bitcoin to retest the $20,000 level. “Bitcoin $20,000 or $40,000? Facing the Fed, Recession, Nasdaq – […]

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Cryptocurrency investment should favor emerging markets

Trader Suggests Market Rally Is ‘Built on Sand’ As Top Analysts Spar Over Crypto’s Next Big Move

March 31, 2023 The Daily Hodl

Altcoins

Two widely followed analysts are disagreeing about the crypto market’s next big move as Bitcoin (BTC) and Ethereum (ETH) trade sideways. The back-and-forth began when pseudonymous analyst Pentoshi shared a crypto market cap graph with his 683,300 Twitter followers. “Crypto Total market cap BTC, ETH + ALTS I still can’t get over how clean this […]

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Cryptocurrency investment should favor emerging markets

Bitcoin Boom to $28,000 Incoming – If Top Crypto Can Stay Above This Line: Analyst Michaël van de Poppe

February 8, 2023 The Daily Hodl

Bitcoin

Popular crypto strategist Michaël van de Poppe believes that Bitcoin (BTC) is gearing up for a burst to the upside as it now trades above a key level. Van de Poppe tells his 647,300 Twitter followers that traders who are betting against the king crypto may provide the necessary fuel for a rally toward his […]

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Cryptocurrency investment should favor emerging markets

Crypto Analyst Predicts Wild Cardano (ADA) Price Swing, Sets Downward Target for One Ethereum Rival

July 4, 2022 The Daily Hodl

ada

A popular crypto analyst known for timely altcoin calls says that some wild volatility could be in play for Ethereum challenger Cardano (ADA). The pseudonymous trader known as Pentoshi tells his 584,000 Twitter followers that after a strong and lengthy downtrend, Cardano is likely in for a big relief bounce. According to the analyst’s chart, […]

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Cryptocurrency investment should favor emerging markets

High Probability Rallies in Sight for Solana and One More Ethereum Rival, According to Top Analyst

May 29, 2022 The Daily Hodl

Altcoins

A popular crypto strategist says that rallies are on the horizon for two Ethereum (ETH) challengers, including Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 556,200 Twitter followers that he believes Solana is poised for a rally as traders get overly bearish on the smart contract platform while it hovers at a key support level. […]

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Cryptocurrency investment should favor emerging markets

Crypto Analyst Says Bitcoin (BTC) and Ethereum (ETH) Rallies Not Over – Here Are His Targets

March 31, 2022 The Daily Hodl

Bitcoin

A widely followed crypto strategist is charting what’s next for Bitcoin (BTC) and Ethereum (ETH) after recent impressive gains. The pseudonymous crypto analyst Pentoshi tells his 532,200 Twitter followers that he’s targeting a support low of $44,000 for Bitcoin. However, Pentoshi says there could be a possible rise to $53,000 depending on when big players […]

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Cryptocurrency investment should favor emerging markets

US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’

March 6, 2022 Bitcoin.com

aluminum

Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for an expected period of high inflation and weaker growth.” While Wall Street Fears […]

Cryptocurrency investment should favor emerging markets

Top Trader Turns Hesitant on Altcoins, Opts for Bitcoin As March Set To Become ‘Month of Variables’

March 2, 2022 The Daily Hodl

Altcoins

A widely followed crypto trader is adapting his investing strategy as macro factors affect traditional market predictors. Pseudonymous crypto analyst Pentoshi tells his 522,200 Twitter followers he’s currently buying into Bitcoin (BTC) but more hesitant about Ethereum (ETH) and altcoins in general. “The thing that makes me hesitant on ETH is this and why I’ve […]

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Cryptocurrency investment should favor emerging markets

Ethereum Holding Support As Bitcoin Gets Ready for Incoming Price Discovery – Crypto Analyst

November 1, 2021 The Daily Hodl

Bitcoin

A closely followed crypto analyst and trader says that Ethereum (ETH) is holding on to a key support level as Bitcoin (BTC) sets up for imminent price discovery. The pseudonymous trader known as Pentoshi tells his 337,000 followers that Bitcoin has crucial support in the $58,000 area. Because BTC maintained that level as the new […]

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Cryptocurrency investment should favor emerging markets

Crypto Markets Presenting Historic Opportunity As Bitcoin Thrusts Upward, According to Closely Followed Trader Pentoshi

October 13, 2021 The Daily Hodl

Altcoins

Widely followed crypto market analyst Pentoshi thinks that Bitcoin’s run-up is giving traders a prime opportunity. The trader tells his 309,300 Twitter followers that Bitcoin (BTC) moving higher before dragging the crypto market up creates an opportunity to compound Bitcoin profits with altcoins. “If $Btc up + alts down it’s truly a great opportunity historically […]

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Pentoshi

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