btc price analysis

Bitcoin’s Rise To $52,000 Masks Potential Pitfalls Ahead, Analyst Warns

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Bitcoin’s Rise To $52,000 Masks Potential Pitfalls Ahead, Analyst Warns

[ad_1] Crypto analyst Justin Bennett has laid out a bearish narrative for the flagship crypto token Bitcoin. Based on his analysis, Bitcoin will likely drop below the $50,000 level again before it moves further to the upside.  Bitcoin Could Drop Back To As Low As $47,000 In an X (formerly Twitter) post, Bennett mentioned that … Read more

Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research

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Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research

[ad_1] Looking further ahead, Thielen forecasted further upside for bitcoin based on Elliott Wave theory, a technical analysis that assumes that prices move in repetitive wave patterns. Price trends develop in five stages, according to the theory, of which waves 1, 3, and 5 are “impulse waves” representing the main trend. Waves 2 and 4 … Read more