Author: The Daily Hodl
A widely followed crypto analyst believes Bitcoin (BTC) still remains on track to hit new all-time highs (ATHs) after a correction earlier this week. In a new strategy session on the TechnicalRoundup YouTube channel, pseudonymous crypto analyst DonAlt says that he remains bullish on Bitcoin after it dipped into the $69,000 range. “So weekly good. And the daily is also excellent. We are at resistance, and that’s kind of what we’re battling with but it’s been a resistance that’s been tested a bunch of times — this is the sixth time. That’s a lot. That’s not something I would necessarily…
A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE). Pseudonymous crypto trader Bluntz tells his 290,400 followers on the social media platform X that the native token of Solana-based blockchain oracle Pyth Network (PYTH) is primed for a strong bullish movement. “God candle loading on PYTH. Perfectly rounded bottom with three months of accumulation. Currently flirting with the final boss as far as accumulation resistance goes [just below the $0.50 price] and once cleared, clear skies ahead. Solana beta is…
A closely followed crypto analyst says is turning bullish on Bitcoin (BTC) as the flagship crypto asset hovers above $70,000. In a new strategy session, trader Michaël van de Poppe tells his 734,900 followers on the social media platform X that Bitcoin could see a 10% to 38% rise in price between now and the end of the year. “It was less than two to four weeks and we’ve got close to the all-time high for Bitcoin. What’s next? I think $80,000 in November, $90,000 [to] 100,000 in December.” Bitcoin is trading at $70,258 at time of writing, about 4.7%…
A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed. On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI). “I think SEI is gearing up for another run. It had a clear parabolic impulsive rise earlier in the cycle, has already done a -84% cycle abc and has been basing for 6 months now and starting to turn up.” SEI is trading at $0.408 at time of…
The crypto community remains skeptical after a British businessman accused of fraud held a press conference today declaring that he is the pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto. The event was announced in a press release yesterday. “Nakamoto, whose whitepaper launched the world’s first decentralized cryptocurrency in 2008, has cited growing legal pressures as a driving factor for this decision. ‘The time has come for me to officially reveal my identity. I am facing significant legal challenges, and I believe the world deserves to know the truth,’ Nakamoto stated. The announcement coincides with the anniversary of Bitcoin’s whitepaper release…
A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low. According to Sherpa, Dogecoin could undergo a correction before going higher. Dogecoin is trading at $0.169 at time of writing. Next up is Bitcoin (BTC). According to the pseudonymous analyst and trader, Bitcoin hasn’t “materially moved” above the $65,000 level in about 1,295 days and could potentially…
A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it’s about to break out against the crypto king. According to Cowen, ETH/BTC tends to find its bottom two to three months after losing its support level, a move the analyst says should happen soon, though he did not specify a date. “If you look at ETH/BTC normally, [it] would bottom within two to three…
Asset management giant BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded-fund (ETF) is reportedly setting new daily inflow records. According to a report from Yahoo Finance, investors poured $875 million worth of daily inflows into BlackRock’s $31 billion Bitcoin (BTC) ETF earlier this week as we approach November’s highly anticipated presidential election. In a recent interview with Bloomberg TV, Bloomberg ETF expert James Seyffart says that the last two weeks or so have been unprecedented for ETFs centered around the top crypto asset by market cap. “The last 13 days have been kind of extreme. I mean, 12 of the last 13…
A widely followed crypto analyst is issuing an alert about Bitcoin (BTC), saying that the top digital asset could collapse if one key level breaks down. In a new strategy session, crypto trader Justin Bennett tells his 113,900 followers on the social media platform X that Bitcoin could plunge more than 8% from its current value. Bennett uses the whale versus retail delta indicator (WRD), which gauges whether whales or retail traders are more bullish. A higher value means more whales are longer Bitcoin than retail traders. The declining WRD value is bearish Bitcoin since whales tend to be a…
Cryptocurrency analyst and trader Ali Martinez is leaning bullish on Cardano (ADA) amid a bounce in the market. Martinez tells his 76,100 followers on the social media platform X that Cardano is currently “following a similar pattern to 2020” where it went up by approximately 4,095% in around 343 days. “If history repeats, we might see a pump around November 18th — about two weeks after the US elections — and a potential market top by September 2025.” Cardano is trading at $0.355 at time of writing. Next up is Bitcoin (BTC). Martinez says that based on the Market Value…