Yashu Gola
Analyst Explains Reasons Bitcoin Price Could Fall Back to Lower $10Ks
Bitcoin is facing risks of a price correction towards $10,000, according to a TradingView analyst. He spotted the cryptocurrency trading near its weekly resistance level, noting that...
Two Macro Calls That Could Propel Bitcoin to $14,000 This Year
Bitcoin may hit $14,000 in the coming quarter. The analogy appears out of two extremely bullish calls made for the US dollar and Gold. Bitcoin has shown an extreme correlation with the...
Massive Liquidity to Hit Bitcoin, Equity Markets in 2021: Veteran Investor
The Bitcoin market could benefit from a massive liquidity injection entering 2021, according to veteran investor Dan Tapeiro. The DTAP Capital founder made the analogy after noticing...
Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support
Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated...
A $12K-Retest for Bitcoin Likely On-Chain Activity Suggests
Bitcoin could hit $12,000 or break above it in the coming sessions as its on-chain activity spikes. According to behavioral analysis platform Santiment, the number of daily active...
A Massive Bitcoin Bull Run Awaits as Fed Confirms 2% Inflation Target
A high inflation environment is creating more upside opportunities for Bitcoin as the cryptocurrency trades near its 11-month high. Recent statements from the Fed officials confirm...
Bitcoin is Overvalued at $11,000, Analyst Explains Why
Bitcoin stands overvalued at $11,000 in the short-term, according to analysts at Phi Deltalytics. The statement followed a drop in net positions on Chicago Mercantile Exchange’s...
UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?
UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of...
Macro Analyst Explains Why Shorting Bitcoin is a Bad Idea
Bitcoin is still bullish and could reverse its weekend losses in the coming sessions, according to Marc Principato of Green Bridge Investing. The macro analyst said late Sunday that...
Bitcoin is Going to Hit $13,500 This Quarter; Analyst Explains Why
Bitcoin may continue its current bull run to hit $13,500 this quarter, according to a technical setup presented by analyst Vince Prince. The TradingView contributor showed the...
Goldman Manager Rejects Bitcoin’s Most Bullish Narrative To Date
Bitcoin over the last two weeks surged higher on fears of inflation caused by the Federal Reserve’s easing policies. The rally also appeared as the US dollar fell to its lowest...
These Technical Indicators See Bitcoin in Uptrend Towards $12K
Bitcoin’s uptrend has halted after staging a 12 percent bull run earlier this week. The cryptocurrency now expects to neutralize its overbought status with either a consolidation...