Posts

Showing posts with the label target

Trading expert sets Bitcoin target for end February and a BTC bounce in March

Image
Bitcoin (BTC) crashed by more than 21% in the last seven days from a local peak at $99,495, down to $78,219 on February 28, bringing uncertainty to traders and investors. A prominent trading expert, however, believes this movement is part of an expected market correction that is about to end. CrypNuevo , a well-known smart trader, has been posting technical analyses updates throughout the week, following Bitcoin’s price action. Despite missing, and acknowledging the fail, of a forecasted support at $91,764, CrypNuevo quickly adjusted to BTC’s new reality. Bitcoin (BTC) price chart analysis posted on February 26. Source: TradingView / CrypNuevo Bitcoin technical trading targets for end February and March According to a recent update, the trading expert is looking at the 50-week exponential moving average (1W50EMA) as the leading indicator to set Bitcoin’s target. This would be at $76,200, which could be hit precisely or not, with the price hovering around this lev...

Is Bitcoin’s $100,000 target becoming realistic amid strong bullish catalysts

Image
Bitcoin (BTC) is on a record-breaking run, fueled by a series of bullish catalysts that have reignited investor optimism.  Currently trading above $79,000, after briefly touching $80,000, Bitcoin’s bullish momentum is capturing the attention of traders and analysts alike.  This surge is fueling speculation that the once-distant target of $100,000 may be within reach, supported by strong technical and fundamental drivers Picks for you Bitcoin key price levels to watch as bullish bias is confirmed 40 mins ago Bears were wrong: Crypto adds $800 billion market cap in two months 2 hours ago Why gold beating stocks' might not be a ...

PEPE crashes as SUI pumps 40%; GFOX headed for $5M target

2024 began with many speculations about general market performance. While the global crypto market awaited the approval of the SEC on Bitcoin ETF, another central talking point in crypto circles was the rise and fall of memecoins.  Top on the list of memecoins that made a wave in 2023 was the $PEPE. However, the coin could not sustain its momentum of interest and price in the months that followed its launch. Another major controversy with the $PEPE was the PEPE coin 2.0.  While investors were still trying to wrap their heads around the “imposter” new coin, memecoins like $SUI and $GFOX were announced. Both coins had promising price prospects for early holders, which they have maintained into 2024. In this piece, we dissect the highs and lows of Pepecoin, the potentials of the new Pepe coin, and the current interest with $SUI and $GFOX. Take a look. Latest on PEPE Pepe Coin ($PEPE) is a memecoin built on the Ethereum blockchain that gained...