Despite recent price dips, BitQuant predicts that Bitcoin will peak at $61,000, not $50,000, as some analysts have suggested. Based on technical analysis, the analyst believes that the recent drop was a temporary correction and that Bitcoin will likely extend gains and break above resistance levels at $45,000 and $50,000 in the short to medium … Read more
The current bitcoin mining difficulty is at historic highs, with computing power increasing by over 100% in 2023. CoinShares predicts a decline in mining activity after the halving, resulting in a “miner exodus.” The company also forecasts the average cost of production per coin to normalize at just under $38,000 post-halving. This is due to … Read more
Crypto Analyst Predicts Crypto Market To Reach $23 Trillion, XRP Price To Cross $13 Crypto analyst Dark Defender believes that XRP could rise to $13 when the total crypto market cap hits $23.24 trillion within a year. He also mentioned that the XRP price could go even higher when considering regulatory clarity and XRP’s utility. … Read more
Market Outlook #237 – An Altcoin Trader’s Blog This content requires users to be logged in to view. Users can register for access to the Premium Content by providing their username, email, first name, last name, password, and repeating the password. The cost for access to this content is £19.99 for one month. Payment methods … Read more
