Price analysis 10/25: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

October 25, 2024 Coin Telegraph

Avalanche

Bulls aim to knock out Bitcoin’s all-time high before the US elections wrap up. Will altcoins follow?

Bitcoin (BTC) is facing resistance near $69,000, but the bulls have kept up the pressure. As the price nears the top of the range, the bears are likely to pose a strong challenge. However, analysts expect the range-bound action to end following the result of the upcoming United States elections.

Standard Chartered Bank analyst Geoff Kendrick said in a research note that Bitcoin could surge to $125,000 by the end of the year if the Republicans sweep the US Congress after the Nov. 5 elections.

Another bullish projection came from Bitwise’s head of alpha strategies, Jeff Park, who said in a post on X that Bitcoin could reach $92,000 if Donald Trump wins the US Presidential elections.

TRUMP dips after president admits ‘I don’t know much about it’

Price analysis 10/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

October 22, 2024 Coin Telegraph

Bitcoin

Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?

Bitcoin (BTC) has slipped below $67,000 after closing last week above $69,000, its strongest close since the start of June. However, the fall has not scared away the investors. According to Farside Investors data, United States-based Bitcoin exchange-traded funds witnessed inflows of $294.3 million on Oct. 21.

Usually, after the price spends a long time in a range, it needs a strong trigger to break out from the sideways price action. The upcoming United States elections could act as a catalyst for a new trending move in Bitcoin. Many believe that a victory by the former US president and Republican nominee Donald Trump could propel Bitcoin higher.

Daily cryptocurrency market performance. Source: Coin360

TRUMP dips after president admits ‘I don’t know much about it’

Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump

October 1, 2024 Bitcoin.com

Bitcoin

Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and by 12:15 p.m. EDT, it hovered at $62,600 per unit, […]

TRUMP dips after president admits ‘I don’t know much about it’

Crypto Analyst Says Large-Cap Ethereum Rival at Risk of Massive Sell-Off – Here’s Why

September 26, 2024 The Daily Hodl

Altcoins

A popular crypto analyst thinks one large-cap Ethereum (ETH) rival could be at risk of a massive sell-off. Ali Martinez tells his 72,400 followers on the social media platform X that Toncoin (TON) could be in for rough weeks ahead following a new announcement that the messaging platform Telegram will provide user data to governments […]

The post Crypto Analyst Says Large-Cap Ethereum Rival at Risk of Massive Sell-Off – Here’s Why appeared first on The Daily Hodl.

TRUMP dips after president admits ‘I don’t know much about it’

Price analysis 9/25: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

September 26, 2024 Coin Telegraph

Avalanche

Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout.

Bitcoin (BTC) faces rejection near $65,000 again, making it an essential overhead resistance to cross. A positive sign for the bulls is that Bitcoin’s classic Puell Multiple metric has hit the “green” zone for the first time since the end of 2022.

“Historically, when the green zone was reached, it was followed by an upward price movement,” said CryptoQuant contributor Darkfost in a blog post.

Analyst Rekt Capital highlighted another historical pattern favoring the bulls. He said that Bitcoin breaks out from its reaccumulation range between 154 and 161 days after halving. The analyst added that the most recent Bitcoin halving occurred on April 20, 157 days ago, which puts it within striking distance of a breakout.

TRUMP dips after president admits ‘I don’t know much about it’

Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

September 23, 2024 Coin Telegraph

Bitcoin

Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.

Bitcoin’s (BTC) rejection near the $65,000 resistance shows that the bears want to keep the price inside the lower half of the $54,000 to $73,777 range, but the bulls are not willing to give up easily. The latest 10x Research report pointed out that Bitcoin is ready for a rally, considering that it is entering the historically strong season from October to March.

Another bullish development for the cryptocurrency markets could be the aggressive 50 basis point rate cut by the Federal Reserve on Sept. 18. CoinShares’ latest weekly digital asset fund flows report said the rate cut could have triggered inflows of $321 million into digital asset investment products last week.

Daily cryptocurrency market performance. Source: Coin360

TRUMP dips after president admits ‘I don’t know much about it’

Price analysis 9/6: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

September 6, 2024 Coin Telegraph

Avalanche

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.

Bitcoin (BTC) has been in a sideways price action pattern for several months, but the bears are trying to seize control. The resolution of the large $55,724 to $73,777 range in favor of the sellers could start a downtrend.

Arthur Hayes, former CEO of crypto exchange BitMEX, has projected Bitcoin to fall below $50,000. A similar view was offered by veteran trader Peter Brandt, who has a target of $46,000 for Bitcoin.

Crypto market data daily view. Source: Coin360

TRUMP dips after president admits ‘I don’t know much about it’

Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin

September 6, 2024 The Daily Hodl

Altcoins

Cryptocurrency analyst and trader Ali Martinez is leaning cautiously bullish on an Ethereum-based altcoin. Martinez tells his 70,300 followers on the social media platform X that the native token of the Ethereum (ETH) scaling solution Polygon (POL) is forming a descending triangle pattern, on the weekly chart. A descending triangle pattern is typically considered a […]

The post Trader Says Ethereum-Based Altcoin Could Explode by Over 150%, Updates Outlook on Bitcoin, Solana and Toncoin appeared first on The Daily Hodl.

TRUMP dips after president admits ‘I don’t know much about it’

Mastercard Partners With European Payments Giant Mercuryo, Supporting Non-Custodial Crypto Wallets

September 5, 2024 The Daily Hodl

1inch

Payments processing giant Mastercard is teaming up with a European counterpart to support non-custodial crypto wallets. In a new announcement, European payments firm Mercuryo says it’s teaming up with Mastercard to launch Spend, a crypto debit card that makes it convenient for customers to spend or cash out their digital assets. “In the context of […]

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TRUMP dips after president admits ‘I don’t know much about it’

Price analysis 9/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

September 2, 2024 Coin Telegraph

Bitcoin

Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows.

The S&P 500 Index (SPX) rose marginally by 0.24% last week, but Bitcoin (BTC) succumbed to selling pressure and fell nearly 11%. Will Bitcoin resume its uptrend, or has it already topped out? That is the big question worrying investors.

However, the whales do not seem to be perturbed by the sideways price action and have been on a buying spree. According to a post on X by market intelligence platform Santiment, Bitcoin whale wallets holding 100 Bitcoin or more surged by 283 wallets to 16,129 wallets, the highest in 17 months.

Daily cryptocurrency market performance. Source: Coin360

toncoin