Crypto News: Bitcoin, ETH Upgrade, The Fed, USDT & MORE!!
Published: 2024-02-05
Status:
Available
|
Analyzed
Published: 2024-02-05
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bitcoin is predicted to either reach $47,000 or fall to $37,000 based on its current trading channel.
"Given that the width of this channel is around 3K this means that BTC could either break out to 47k or break down to around 37k."
Pending
Chinese New Year could be a catalyst for a short squeeze rally in Bitcoin, potentially pushing its price up sooner.
"The catalyst for this short squeeze could be Chinese New Year which will happen on Sunday it's possible that Traders will begin to price in a potential rally causing it to occur sooner"
Pending
Ethereum is predicted to reach $2,600 if it breaks above its current channel, or fall to $2,000 if it breaks below.
"in eth's case a break above the channel could translate to a price of around $2,600 whereas a break below the channel could translate to an eth price of around 2K"
Pending
Ethereum and altcoins are predicted to experience a rally.
"The chart suggests that eth and altcoins could see a rally soon"
Pending
Spot Ethereum ETFs are predicted by some to be rejected by the SEC and not launch until 2025 or 2026.
"others though believe that the SEC could reject the applications and that the ETFs may not come until 2025 or 2026"
Pending
Tether announced in May of the previous year that it would use a portion of its profits to buy Bitcoin monthly.
"tether announced back in May of last year that it would use a portion of these profits to buy BTC every month"
Pending
Bitcoin is expected to be integrated into institutional portfolios and its trading will align with how institutions categorize it.
"BTC will slowly but surely become a part of institutional portfolios and trade in accordance with whatever assets they consider it to be like"
Pending
Flare Network's FLR token could be pushed up to or near its all-time high.
"it was enough to cause flr to go parabolic and could be enough to push it up or close to its all-time high for the time being"
Pending
Pendle Finance's PENDLE token could reach almost $4 in the coming weeks.
"it could rise as high as almost $4 in the coming weeks"
Pending
Chainlink's LINK token is predicted to rise as high as $25 in the coming weeks.
"the weekly chart suggests that link could rise as high as $25 in the coming weeks"
Pending
Pith Network's PYTH token is predicted to rally between $0.70 and $0.80 if it breaks above its current resistance level.
"if it manages to break Above This level it would likely rally up between 70 and 80"
Pending
Ronin's RON token's two-year double bottom pattern suggests a potential doubling in price over the next few weeks.
"the massive double botton pattern is painted over the last 2 years foreshadows a potential doubling in price over the next few weeks"
Pending
Stablecoin issuers are predicted to become increasingly influential and potentially the most powerful entities in the crypto industry if interest rates remain high for an extended period.
"the influence of stablecoin issuers on the crypto Market will become more apparent in an environment where interest rates stay higher for longer they could in fact become the most powerful entities in this industry"
Pending
The crypto market could continue to rally irrespective of inflation trends or Federal Reserve interest rate cuts, possibly due to continued fiscal stimulus.
"the markets could very well continue to Rally even if inflation doesn't come and even if the FED doesn't cut"
Pending
The crypto market may see rallies driven by institutional exposure for Bitcoin, stablecoin issuer support for select altcoins, and solid fundamentals for others.
"BTC rallies because of institutional exposure exposure select altcoins rally because they're being directly or indirectly propped up by stable coin issuers and others rally because they actually have solid fundamentals in the form of fees"
Pending