Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Bitcoin Price Prediction
BTC Price Predictions By Analyst Dave the Wave
In June 2019, the BTC price surged to over $ 10 000, and a large number of traders even expected further increase. Nonetheless, Dave the Wave, an analyst, called for the return of rationality to the crypto market, based on claims that the uptrend of $10 000 represented overextension of Bitcoin’s long-term growth curve. The analyst maintained that the BTC price is positioned to revisit $6.7K. The analyst forecast proved correct as the BTC price declined from $8K to $6.7K.…
5 years ago
Will Bitcoin Have an Upsurge To Over $ 7500?
On the 12th of December 2019, Bitcoin’s price rose to over 10%. However, it is signaling a powerful reversal, but BTC needs to keep surging to over $ 7500 for the beginning of a giant rally. Bitcoin price moved from $ 6600 to $ 6500 and recorded a decline of $ 100. There was the formation of a fresh low in the month close to $ 6435, prior to a powerful reversal. The BTC price eventually moved close to $…
5 years ago