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Showing posts with the label bittensor

Analyst Says Bitcoin Primed for New All-Time Highs if BTC Reclaims These Resistance Levels, Updates Outlook on Ethereum and Bittensor

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A widely followed crypto analyst says that Bitcoin is primed to print new all-time highs if BTC can reclaim key levels as support. In a new post, crypto trader Michaël van de Poppe tells his 789,400 followers on the social media platform X that if Bitcoin can break through the resistance range between $106,500-$107,000, the flagship crypto asset will likely soar beyond its current all-time high of about $111,800. “Bitcoin has lost the crucial support level. However, the drop isn’t as severe as we might expect. This means, reclaim of $106,500-$107,000, that would be the party trigger sign for new all-time highs.” Source: Michaël van de Poppe/X Bitcoin is trading for $105,694 at time of writing, down 1.5% in the last 24 hours. Next up, the analyst says that Ethereum (ETH) is likely still in an uptrend and gearing up for a massive breakout. “ETH did break through $2,700 and failed immediately. The thing is, that’s not the crucial leve...

Crypto Trader Eyeing Breakout for One Dogecoin (DOGE) Rival – Here’s His Price Target

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A popular crypto trader thinks one Dogecoin (DOGE) rival could be headed for a breakout soon. The pseudonymous analyst known as Altcoin Sherpa tells his 224,000 followers on the social media platform X that if the Solana (SOL)-based memecoin dogwifhat (WIF) manages to break above the $2.845 range, it could surge toward $3.50. Despite the possible breakout, Altcoin Sherpa says he wouldn’t buy at WIF’s current level. Source: Altcoin Sherpa/X WIF is trading at $2.47 at time of writing. The 42nd-ranked crypto asset by market cap is down more than 7.6% in the past 24 hours. The analyst also thinks the memecoin Popcat (POPCAT) could witness a short price surge. “Wouldn’t be surprised to see some sort of parabolic blow-off top to $2 or something and then this thing dies for a bit. All cat beta should follow the same pattern. Would NOT recommend buying most cat tokens at current levels; wait for a pullback if you can.”  Source: Altcoin Sh...