Bitcoin
BTC$70 611.00

1.50%

Ethereum
ETH$3 577.99

0.80%

Tether
USDT$0.999553

-0.05%

Binance Coin
BNB$589.72

2.75%

Solana
SOL$187.89

0.99%

XRP
XRP$0.623686

1.14%

Portfolios Reviews & Comments - Page 3

Top performers Copernicus January 25, 2021
In seven days, total capitalization, including bitcoin, decreased by 9.5% (from $1.028 trillion to $0.933 trillion). At the same time, the capitalization of altcoins remained at the same level of $300 billion. It was mainly bitcoin that was losing, the dominance index of which decreased from 67.48% to 64.31%. The share of Ethereum, on the contrary, increased from 13.52% to 15.01%. As for the Crypto Fear & Greed Index, it finally came out of the overbought zone and fell from 88 to 40 points in a week. This value corresponds to a neutral state, when it is too late to open short positions on the BTC/USD pair, and too early to open long positions. Although, according to analysts, it is during such price rollbacks that "whales" begin to actively replenish their bitcoin wallets, buying up coins of small alarmist investors.
"Ethereum killers" $uppport&re$1$tance January 24, 2021
It is no secret how highly volatile and risky bitcoin is. Its explosive growth was driven by large institutional investors who began to enter the crypto market in the second half of 2020, fueled by the COVID-19 pandemic and fiscal stimulus from the US Federal Reserve, which cut interest rates and flooded the market with cheap dollars. And now analysts are talking about the fact that cryptocurrencies could only be a temporary measure to preserve capital, and that now institutions are phasing out purchases of digital assets. According to JPMorgan Chase strategists, the key to the short-term outlook for bitcoin's price is the world's largest digital asset management company Grayscale Investments, with a crypto portfolio currently valued at $23 billion. According to the calculations of bank analysts, for the BTC/USD pair to break through the resistance of $40,000, it is necessary that Grayscale Bitcoin Trust maintain the pace of inflow funds of $100 million per day in the coming days and weeks. Otherwise, a deep correction can be expected.
Top by market capitalization l00k$_1ntere$1ng January 22, 2021
Blockchain data indicates continued growth in the number of bitcoin whales. So, since the beginning of 2021, the number of cryptocurrency holders with at least 1,000 BTC in their wallets has grown by 164 to 2,440. Large inflows to whale wallets took place at a price of $ 29,314. They will protect BTC. This level should provide reliable support in the short and hopefully long term.
Why bitcoin right now? AlwaysInGreen January 21, 2021
In addition to the supporters of the growth theory up to $ 50K, there are other market participants who believe that what is happening at the moment may resemble the scenario of the end of 2017, when at first Bitcoin reached a historical maximum, then a rather short altcoin season began, and after that "crypto winter" came.
Bullish on Bitcoin RealSatoshi January 21, 2021
A growing number of traders question whether Bitcoin will return to $ 40,000. However, address activity and trading volumes indicate that the long-term trend still looks quite healthy. Watch to see if Bitcoin usage levels remain elevated. Analysts at the private banking division of British financial giant Barclays consider bitcoin an "almost unusable" asset due to surges in volatility.
"Ethereum killers" AlwaysInGreen January 20, 2021
Ethereum (ETH) soared 12% on Tuesday, setting a new all-time high of around $ 1,440. Since the beginning of January, the second cryptocurrency has almost doubled in price. Over the past year, the growth is over 700%. But analysts are confident that the growth limit has not yet been reached. The growth of ETH is observed against the background of the consolidation of bitcoin, which is stuck in the range of $ 35,000 - $ 38,000. Transactional activity on the ETH network is again at its maximum. A similar situation was observed in the summer and fall of last year due to the increase in the number of transactions in the market for decentralized financing DeFi.
Top by market capitalization Crypto_Punch January 19, 2021
Biden approves a new $ 1.9 trillion stimulus package. can also be viewed by market participants as a catalyst for the growth of Bitcoin and the market as a whole. The global economy and the situation around the coronavirus are not conducive to a return to growth rails, so investors may pay more and more attention to cryptocurrencies as a means to diversify their investments. At the beginning of 2021, special attention will be paid to the resumption of investments from the side of big capital, as well as the turnover of PayPal and other large companies that have announced their interest in the crypto market. In addition, a violent price rally risks re-attracting the attention of regulators to the sector, primarily in the US. As we can see from the example of XRP, lawsuits from the SEC can put an end to any cryptocurrency, no matter how promising its technologies are.
Bullish on Bitcoin DobbiezSock January 19, 2021
Bitcoin failed to re-cross the $ 40,000 threshold, remaining within the corrective scenario. Nevertheless, the support level around $ 35,000 has not been broken, and the participants in the crypto market are not showing panic. Bitcoin could fall to lower levels if it does not gain a foothold above the $ 40,000 psychological mark, analysts at JPMorgan Bank say. An analysis of the demand for bitcoin futures and the Grayscale Bitcoin Trust (GBTC) stock may be a key to understanding the situation. GBTC's daily inflow is likely to remain at $ 100 million over the coming days and weeks for this breakout to happen.
Why bitcoin right now? l00k$_1ntere$1ng January 18, 2021
Bitcoin's success story continues. After a short pullback towards the lower boundary of $ 30K, the benchmark cryptocurrency again aims at $ 40K. Over the past 24 hours, Bitcoin has been adding more than 12% and is trading at about $ 38K. The Bitcoin dominance index remains at about 70%, while the total cryptocurrency market capitalization has again exceeded $ 1 trillion. Now this threshold level has a psychological impact on retail participants in the crypto market, confirming the course for further growth. In 2017, the crypto market was already approaching this mark, but after that a large-scale correction began, which led to crypto winter. We now see that the crypto machine is actively picking up speed around this value, which stimulates investor optimism.
Top by market capitalization AlwaysInGreen January 17, 2021
It is worth noting that the inflow of new funds to crypto funds also dropped significantly during the first week of January. According to CoinShares, only $ 29 million was invested in institutional crypto funds during the first week of the new year. The week before Christmas, large capital invested more than $ 1 billion. Although this can be attributed to the fact that many investors were on winter holidays, if the influx funds in crypto funds will not increase towards the end of January, this may mean that big capital prefers to wait or even satisfy their demand for crypto.
Bullish on Bitcoin $uppport&re$1$tance January 15, 2021
Retail users were significantly more bearish - only 38% of them were on the side of buyers. According to the CEO of the analytical firm CryptoQuant, Ki Yong Joo, institutions will defend the $ 30,000 level, and in any case, one should not expect a deeper fall. According to the analytical platform CryptoQuant, deposits of stablecoins began to flow to exchanges again in the last 24 hours, confirming the increased pressure from buyers. Previously, analysts at the company drew attention to the slowdown in such deposits as a risk factor for the Bitcoin rally. Bitcoin will head to new highs if it can reach the $ 38,000 level.
Top by market capitalization acc0untant January 14, 2021
Is $ 50,000 the limit in the current bullish cycle? Hardly. Globally, now all the prerequisites for the continued growth of cryptocurrencies in general, in addition, we received another proof of the operation of crypto factors, including halving. Bitcoin's next funeral ended with a bright return to the scene, which will surely weaken the critical thinking of opponents of cryptocurrencies for a while.
Bullish on Bitcoin Stanlyyy January 13, 2021
Over the course of the day, Bitcoin demonstrates an increase of 1% and is trading at about $ 36,000. Altcoins have also moved to cautious gains. Now, cautious investors should carefully monitor the dynamics of the rebound in order to determine the future prospects of the market. If the recovery turns out to be sharp enough, like the week before, it will strengthen the upward momentum for the entire market. The index of greed and fear sank by another 6 points over the course of a day to the value of “84”, at the border of the exit from the “extreme greed” regime. The RSI has stopped declining and is now showing attempts to return to growth.
Rebalancing is the key AlwaysInGreen January 12, 2021
The decline in bitcoin occurs simultaneously with the strengthening of the dollar index (DXY). It climbed to a three-week high of around 90.70. As a result, the two largest currencies - digital and traditional - once again showed an inverse correlation. The correction we are seeing was expected as the sharp rise in BTC from $ 20,000 to $ 40,000 over the past four weeks has increased market pressure and triggered selling.
Bullish on Bitcoin Crypto Shark January 12, 2021
The change in sentiment among institutional investors had the greatest impact on the most overbought sectors of world markets, causing waves of correction. The crypto market, as the most volatile, showed the maximum movements, giving back about half of the gain since the beginning of the year. However, it is too early to speculate about a complete trend reversal. As in the beginning of the year, buyers can come to the aid of bitcoin and other most liquid instruments of the crypto market, because the fundamental grounds have not changed yet: the Americans are preparing to sign large-scale incentives, and the markets are flooded with liquidity, which is parked in assets showing at least some positive profitability. If the upward trend in long-term Treasury yields is not alarmingly steady this week, we may see an equally rapid reversal towards Bitcoin and other markets. Don't be surprised if cryptocurrencies repeat the dynamics of the previous week: a sharp correction at the start of the week, followed by a spurt to new peaks. $ 50k still looks like an attainable target for this week.
Why bitcoin right now? Copernicus January 11, 2021
If Bitcoin falls below $ 39,719 (support zones) and then drops below $ 38,700, we are in for a larger drop. In this case, the market will come under the control of "bears", which can cause BTC to fall to $ 32,000. But the BTC rate may plummet to $ 20,000. This will happen if large institutional investors who bought cryptocurrency during the crisis start selling it and fixing it profit. In this case, a sale of unprecedented proportions is possible.
Top performers Giggly Bee January 10, 2021
For the first time in a long time, Bitcoin tested the monthly volume weighted average price (VWAP) level. VWAP is used by technical analysts to identify market trends and to calculate a volume-weighted average price. The indicator is similar to the moving average, since when the price is above it, they talk about an uptrend, and if it falls below it, there is a risk of a bearish trend change. In this case, Bitcoin has successfully pushed off the monthly VWAP. Concurrently with recent moves, some exchanges are experiencing outages. So, perpetual swaps were not available on OKEx, and Coinbase, for unknown reasons, switched the Ethereum Classic market to the "only for placing limit orders" mode. The cryptocurrency rate there significantly exceeds the indicators of other exchanges: $ 13 versus $ 9.
Top by market capitalization acc0untant January 9, 2021
On December 22, the SEC filed a lawsuit against Ripple, accusing the company and its management of selling more than $ 1.3 billion in unregistered securities. A preliminary court hearing in the SEC v. Ripple case is scheduled for February 22. More than 24,000 crypto investors have asked the White House to declare XRP a virtual currency. On December 29, a petition was filed with the White House calling for an end to the SEC's claim. The petition requires the US government to start counting XRP as a virtual currency, and argues that the SEC's actions against Ripple are illegal as the Financial Crimes Enforcement Agency (FinCEN) previously characterized XRP as a virtual currency. Because of the actions of the SEC, the 40 billion dollar market of the currency is collapsing, and hundreds of thousands of ordinary Americans, whom the SEC is called upon to protect, are suffering irreparable harm and damage, the petition says. In order for the White House to respond to this petition of citizens, it is required to collect more than 75 thousand signatures.
Why bitcoin right now? Philosopher January 8, 2021
Crypto market participants believe that the victory of the Democrats should be another impetus for the growth of the crypto market. A generous stimulus to the economy and the printing of new dollars should be the basis for broad asset diversification among institutional investors. Bitcoin is increasingly being hailed as the digital equivalent of gold, but in reality, we should remember that current investment in Bitcoin is a temporary parking lot in times of heightened liquidity in markets and overvalued stocks and government bonds. Non-professional retail investors still do not fully trust the current market, but at some point FOMO will enter a new stage, where it will be important not to miss the moment when the conventional “shoe shiner” talks to you about the prospects for investing in Bitcoin. Another important historical moment for the crypto market was the overcoming of the total capitalization above $ 1 trillion. In connection with the beginning of the correction, we now again see the value below the threshold, but there is almost no doubt that soon the market will confidently step over this most important psychological round level.
Well-balanced cryptoportfolio Know1tAll January 8, 2021
The Greed and Fear Index for Bitcoin and the largest cryptocurrencies has been in "extreme greed" mode since early November. The values ​​shown by the indicator are similar to those that participants in the crypto market saw in June 2019, when the next stage of the market correction began. However, no technical indicator can overcome the strength of demand for the asset, which pushes the price of BTC up. It seems that it is big capital that makes the price dynamics more moderate and consistent, since smart money is not prone to impulsive decisions, unlike retail investors, many of whom have recorded profits of $ 20K, and now may consider opening positions already at the current very high levels.
Top performers $uppport&re$1$tance January 7, 2021
According to analyst firm Santiment, the number of whales with at least 1,000 BTC in their wallets hit a new high of 2,323 on Tuesday. There is probably no more remarkable bullish metric than that indicating an increase in bitcoin holders over $ 35 million.
Rebalancing is the key Know1tAll January 6, 2021
Less than a month has passed since the confident breakthrough of $ 20K, and since then we have seen that the institutions continued to increase their purchases. Retail investors do take profits, especially those who have been anticipating this moment for the last 3 years, but large investors have come to see new all-time highs. The Bitcoin dominance index at the time of reaching a historical maximum was about 73%, but after it began to decline along with the price, as well as against the background of an increase in demand for altcoins. The Greed and Fear Index has been in the “extreme greed” mode for the last month, but now technical indicators have a significantly less impact on the crypto market, being in the shadow of demand from big capital and retail FOMO.
Not Too Late to Jump on the Bandwagon? acc0untant January 5, 2021
The CEO of deVere Group, one of the world's largest financial consulting services company, sold half of his Bitcoin holdings to lock in profits. He sold half of his Bitcoin assets amid his all-time high. Why? Because now it should be treated like any other investment. Whenever possible, it is best to sell high and re-buy low. He noted that institutions began to accumulate cryptocurrency during its overcoming by the rate of the previous all-time high of about $ 20,000.
Top performers l00k$_1ntere$1ng January 4, 2021
The total capitalization of the entire cryptocurrency market came close to the absolute maximum recorded in early January 2018, when it was achieved due to the outstripping growth of altcoins. According to Skew, in the fourth quarter of 2020, the value of bitcoin increased by 168.7%. Over the past six years, only the fourth quarter of 2017 turned out to be the most productive for BTC (+ 210%). In the long term, BTC is set to renew highs and could easily hit $ 100,000 or even exceed that level.
Why bitcoin right now? Julius_Irwin January 3, 2021
If you're looking for a long-term entry point for Bitcoin, don't count on a penny. You will not worry about a few thousand dollars in a non-ideal entry when the price rises to $ 100,000, $ 200,000, $ 300,000 a year later. The main bull phase has arrived. Crazy capital inflows. We are near the peak values, after which a correction is inevitable. As soon as Bitcoin surpasses $ 30,000, a negative trend can become dominant. However, one should not expect a stormy fall in the value of BTC - the correction of bitcoin will not exceed 15% of the maximum values.
Why bitcoin right now? RealSatoshi January 1, 2021
Every investor has a gut feeling that the arrival of new Bitcoin whales is crucial for a sustained rally, even though there has never been hard evidence of this effect until now. There is a constant flow of new addresses entering the top 300. For example, 16 of them received their first-ever deposits within the past 30 days. Once again, this is not necessarily a new entity but an address receiving its first-ever BTC. Although it is uncommon, sometimes gaps of 50 or more days occur without newcomers joining the top 300. Coincidentally, these periods mark the end of rally periods, and a healthy correction usually follows.
Rebalancing is the key l00k$_1ntere$1ng December 31, 2020
The monthly relative strength index is poised to close above 80. “When this happens, the bullish trend continues and the average return is 1010.87%. Each new cycle is shorter. The $ 27,000-27500 area should play an important support role, from which bitcoin can go to $ 30,000 and above. While many expect the Bitcoin rally to continue in the second half of 2021, JPMorgan analysts point to BTC overbought and predict a correction.
Safety in diversity Val-ly December 30, 2020
According to CryptoQuant CEO Ki Yong Joo, the lack of whales with large volumes of Bitcoin to sell could clear the way for further growth. According to the data aggregator of the cryptocurrency market CryptoQuant, in the past few days, fewer and fewer bitcoin whales with large reserves of assets are bringing BTC to cryptocurrency exchanges. Meanwhile, analyst Timothy Peterson believes that Bitcoin is threatened with a fall if it reaches the round mark of $ 30,000. The expert analyzed the movement of the cryptocurrency in 2012, 2014 and 2018 and came to the conclusion that 2021 could repeat the fate of previous market falls. Peterson used the Metcalfe model in the formation of his pronose, which he periodically applied in the past. At the same time, the analyst stressed that it is impossible to guarantee the strengthening of sales at this stage and the further collapse of the market. However, the risks of repeating the negative scenario still persist.

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