crypto price predictions – DIGIT INFO

Crypto.com CEO: Bitcoin Price Dip Likely After Halving but ‘Great Performance’ Within 6 Months

DIGIT — Thu, 18 Apr 2024 04:46:01 +0000

The chief executive of Crypto.com has warned of some selling coming up as we approach the Bitcoin halving, citing the “buy the rumor, sell the news” strategy. Noting that what’s happening in the bitcoin market currently resembles previous cycles, he stressed: “I personally expect great performance within the next six months.” ‘There May Be Some […]

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Former Bitmex Chief Expects Crypto Prices to ‘Slump’ Around the Bitcoin Halving

DIGIT — Mon, 15 Apr 2024 23:21:03 +0000

Former Bitmex CEO Arthur Hayes has explained why he believes that “bitcoin and crypto prices in general will slump around the halving.” He added that from now until May 1, he “will be in a no-trade zone,” emphasizing that “April will experience extreme weakness in risky asset markets.” Bitcoin Price Will ‘Slump Around the Halving,’ […]

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Analyst Predicts $650K Bitcoin Price Once ETF Investors Fully Deploy Asset Manager Recommendations

DIGIT — Mon, 15 Apr 2024 22:27:42 +0000

Popular onchain analyst Willy Woo has predicted a potential bitcoin price surge to $650,000 at the bull market’s peak. His prediction hinges on spot bitcoin exchange-traded fund (ETF) investors fully deploying their assets based on recommendations from asset managers. “These are very conservative numbers. Bitcoin will beat gold cap when ETFs have completed their role,” […]

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Bitwise Sees ‘Raging’ Bitcoin Bull Market — Expects April Halving to Be ‘the Most Impactful We’ve Seen”

DIGIT — Sun, 31 Mar 2024 02:11:37 +0000

Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve seen.” The firm’s chief investment officer explained that global wealth managers allocating just 1% of their portfolios to bitcoin would mean about $1 trillion of […]

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JPMorgan: Bitcoin Still Overbought Despite Price Drop

DIGIT — Sun, 24 Mar 2024 23:30:28 +0000

Global investment bank JPMorgan has cautioned that bitcoin is still overbought despite the crypto’s recent price decline. JPMorgan’s analysts expect continued selling pressure on bitcoin as the halving approaches, “particularly against a positioning backdrop that still looks overbought despite the past week’s correction.” JPMorgan: ‘Bitcoin Remains in Overbought Territory’ JPMorgan’s analysts, led by global strategist […]

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Bitwise CIO Says Bitcoin Could Top $200K This Year Citing ‘Too Much Demand, Not Enough Supply’

DIGIT — Tue, 05 Mar 2024 02:00:59 +0000

Bitwise’s chief investment officer says bitcoin price could surge above $200K this year due to a “massive supply-demand dynamic,” emphasizing that “there’s too much demand and not enough supply” for the cryptocurrency. Predicting “an even bigger wave” of demand for bitcoin due to spot bitcoin exchange-traded funds (ETFs), he described: “It’s in a new era […]

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Peter Schiff Warns of Bitcoin ‘Pump and Dump’ — Expects to See a ‘Massacre’

DIGIT — Wed, 14 Feb 2024 01:00:32 +0000

Economist and gold bug Peter Schiff has warned that the current bitcoin price surge looks like “another classic pump-and-dump.” Noting the significant excitement around the new spot bitcoin exchange-traded funds (ETFs), he expressed his skepticism, stating: “I wonder when the massacre will begin.” Peter Schiff on Bitcoin ‘Pump and Dump’ The price of bitcoin soared […]

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