bitcoin price prediction
Bitcoin dips below $42K as crypto sentiment returns to ‘fear’
Bitcoin dips below $42K as crypto sentiment returns to ‘fear’
Published
1 year agoon
By
Abdul
Bitcoin (BTC) trended toward a $40,000 retest on Feb. 12 as BTC price action bore out analysts’ predictions.

TradingView showed BTC/USD reaching local lows of $41,741 on Bitstamp Saturday before a rebound over $42,000.
An about-turn had ended the pair’s advance after U.S. CPI data hit, and calls soon emerged for a return to $40,000 or even lower to see how steely bulls’ resolve really was.
“Bitcoin looking at the same resistance still,” he summarized alongside a chart showing potential support and resistance targets.
“Weekly order block rejecting in a harsh manner. Weekly candle starts to look ugly + several levels of fear across the market for coming weeks. Remaining flat at this stage.”

Others meanwhile called time on the potential scope of Bitcoin’s longer-term downside.
“For those waiting for sub 30k $BTC, may the crypto gods be with you because the odds are not,” popular Twitter commentator Credible Crypto advised.
For those waiting for sub 30k $BTC, may the crypto gods be with you because the odds are not. https://t.co/LJPDoa4KCx
— Credible Crypto (@CredibleCrypto) February 12, 2022
Even at current levels, Bitcoin’s weekly close was set to be practically identical to the last, thus preserving the majority of the prior gains that had taken it out of the $30,000 zone.
The late drawdown this week was nonetheless more than convincing enough for crypto market sentiment to take a fresh hit.
According to the Crypto Fear & Greed Index, three days of “neutral” territory was enough before the return of “fear” as the main force at play among traders.
On Saturday, the Index measured 44/100, having reached 54/100 Wednesday.

Discussing January’s weeks-long trip into the bottom “extreme fear” zone, trading suite Decentrader argued that a sentiment reset had likely already come based on historical patterns.
“Such extended periods of extreme fear give an indication that general market participants can be caught offside. We saw that play out with the fast move to the upside that $BTC has shown over the past two weeks,” analysts wrote in a market update released Friday.
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bitcoin price prediction
Bitcoin Price Prediction 2023 – Could These 5 New Cryptos Provide 50X More Gains Than BTC In 2023
Published
1 week agoon
March 17, 2023
Without any doubt, Bitcoin has been having an incredible run over the years, paving the way for thousands of altcoins. However, bear cycles and crypto regulations continue to impede these cryptos, causing many to lose trust in the market.
However, in today’s article, we’ll discuss Bitcoin’s price prediction as well as five new cryptos that will provide more gains than BTC in 2023. These cryptos include Love Hate Inu, Fight Out, C+Charge, Metropoly, and RobotEra. Have an insightful read.
Bitcoin Price Prediction
Bitcoin suffered a price hit, dropping from $26,514 to $19,628. As events unfold, Binance released its $1 billion emergency fund to help provide buying pressure on Bitcoin, Ethereum, Binance Coin, and other tokens.
As a result, Bitcoin recovered quickly to the upside, gaining over 20% within seven days as it rallied from $19,600 to $24,600, thanks to Binance’s quick response. The coast is now clear for Bitcoin to rally to the $30,000 price, which will provide at least 25% gains to investors.
The next Bitcoin price level is eagerly anticipated as many investors seek to record more gains in their portfolios. This anticipated price level aligns with an expert prediction on Bitcoin from 2023 to 2030.
YEAR |
EXPECTED PRICE Advertisement
|
2023 |
$32,000 |
2024 |
$50,000 |
2025 Advertisement
|
$68,000 |
2030 |
$100,000 |
Altcoins Ready to Provide 50X Gains in the Market
Indeed, Bitcoin is still considered a top crypto in the market. However, here are 5 new altcoins in the market that are catching investors’ attention and can pull more massive gains than Bitcoin.
1. Love Hate Inu (LHINU): A Decentralized Platform Providing Vote-To-Earn Capabilities
Love Hate Inu is the first Vote-To-Earn (V2E) platform that allows users to share their opinions on different issues through voting. When you vote on this issue, you earn crypto rewards. This voting process provides complete anonymity, so you make your statement known without fear.
Love Hate Inu focuses on its enthusiastic community. As it grows in the future, users can create polls and vote on them in its V2E ecosystem. LHINU, its native token, provides users with voting power. So, you must own and stake LHINU to participate in this voting platform.
Love Hate Inu recently began its presale and has attracted global investors. It has raised over $700,000 with a few more stages to go. This crypto is set to become the next Dogecoin and will provide incredible bullish gains when listed in the market.
>>>Buy Love Hate Inu Now<<<
2. Fight Out (FGHT): A Web 3.0 Fitness Platform That Incentivizes Workout Routines
Fight Out is a new Move-To-Earn platform that provides intensive and beneficial workout routines and rewards users when they accomplish their goals. This fitness platform allows you to personalize your workouts to become fighting fit and improve your strength, cardio, and mental fortitude.
You earn REPS, its in-app token, as you engage and accomplish your fitness workout. You can exchange your earned REPS for enjoying membership discounts, remote sessions with Fight Out coaches, and purchase fitness apparel and equipment from Fight Out’s store.
Fight Out’s native token, FGHT, powers its feature-rich Metaverse and can be used to purchase more REPS in its ecosystem. Its presale is still in progress, and you can still get FGHT tokens cheaply.
>>>Buy Fight Out Now<<<
3. C+Charge (CCHG): An Eco-friendly Crypto for Electric Vehicle Users
C+Charge is a green deflationary platform set to prove a seamless payment system for electric vehicle drivers. This payment system is built on blockchain technology. Users can use it to pay for charges at designated charging stations while earning carbon credits.
Its native token, CCHG, is used in peer-to-peer payment, which is speedy and cost-effective. CCHG tokens are deflationary as they are removed from circulation once transacted. It thus reduces supply and increases demand for available tokens.
The presale event is hot on its heels, and investors are keenly interested in this token. It has raised over $2.4 million in capital, and exchange listings are underway in a few weeks, which will provide further price pumps.
>>>Buy C+Charge Now<<<
4. Metropoly (METRO): World’s First Fractional Investment Platform
Metropoly is the world’s first decentralized platform that makes fractional investment in real estate possible. For as little as $100, you can become a property owner and receive rental income for others to use. It reduces the entry barrier, allowing interested users to have a share in the real estate market.
Metropoly utilizes NFTs and blockchain technology to fractionalize real estate assets. Thus, users can go to Metropoly’s NFT marketplace and purchase real estate NFTs using its native token, METRO. You can also buy and manage several NFT assets, earning you more returns on income.
Thousands of investors are interested in this real estate platform. Considering its presale event is beneficial, you can scoop a few METRO tokens before it fully launches its product.
>>>Buy Metropoly Now<<<
5. RobotEra (TARO): A Unique Metaverse Crypto with Numerous Play-to-earn Capabilities
RobotEra is a unique metaverse crypto that invites its users to participate in rebuilding and developing a virtual world as far as their imagination takes them. You take on a distinct robot form to explore the vastness of planet Taro.
In the Metaverse, there are numerous activities you can actively participate in and earn crypto rewards. You can develop lands, mine resources, create robot companions, participate in events in RobotEra, and earn its native token, TARO.
RobotEra aims to provide the best metaverse experience. You also have a chance to participate in its presale, which has raised over $1 million and will provide exponential gains in the market.
>>>Buy RobotEra Now<<<
Conclusion
Bitcoin is still a market mover and will continue to dominate despite market setbacks and regulations. As Bitcoin still maintains its bullish stance, we have discussed five amazing altcoins that are ready to provide more gains than Bitcoin in the market.
These cryptos have excellent use cases to stir the market positively and provide outstanding returns to early investors. Their presales attract many investors, so do not delay joining the ranks and experience massive price gains.
The post Bitcoin Price Prediction 2023 – Could These 5 New Cryptos Provide 50X More Gains Than BTC in 2023 appeared first on Analytics Insight.
bitcoin price prediction
Bitcoin Price Prediction – BTC Weathers Storm As Other Crypto Suffer And Looks Set To Pump Again
Published
3 weeks agoon
March 3, 2023
Since its inception, Bitcoin has had its bull runs as well as faced cold hands of the bear market, but it remains a hot topic amongst investors, and traders alike, it is after all the king of all cryptocurrencies, even with the dawn of new crypto tokens such as FGHT, CCHG, and TARO. The crypto market has been in flux recently, with prices fluctuating wildly and investors feeling uncertain about the future. However, BTC has weathered the storm and is on the path to recovery. As of late, Bitcoin has been showing signs of strength, with prices beginning to tick upward once again as Bitcoin crosses the $23,500 threshold.
While Bitcoin may have been struggling, other cryptocurrencies have not fared as well. However, some new coins in the cryptocurrency market, such as the above mentioned ones have been able to maintain their value in the face of market volatility.
Although the crypto market’s unpredictability persists, Bitcoin still reigns supreme. However, the future of Bitcoin remains uncertain, which is why investors are considering alternatives. This article examines Bitcoin, and its alternatives, highlighting their unique features and potential advantages.
Bitcoin Price Outlook for the Month
Bitcoin is currently facing resistance levels, but a buy signal has been detected that could lead to a rally benefiting altcoins like FGHT, CCHG, and TARO. As a result, investors should anticipate a positive start to March 2023. However, it’s important to note that rejection at the midpoint of the ascending parallel channel could occur, potentially leading to a crash below $18,000 if the lower trend line is decisively broken and the current level is flipped.
Since the Bitcoin price outlook can’t assure maximum gains, it is considered a safe investment strategy to spread your portfolio across various cryptocurrencies that have demonstrated stability and are less susceptible to potential price reversals. These three tokens have shown promise in terms of stability and could be good candidates for diversification.
Alternatives to Bitcoin You Should Really Consider Investing Into
- Fight Out (FGHT) – Move-to-Earn (M2E) Cryptocurrency Project with Real-World Gyms
- C+Charge (CCHG) – Green Crypto Project Revolutionizing the EV Industry
- RobotEra (TARO) – Top-Rated Metaverse Cryptocurrency
The following section will analyze these tokens to understand their unique features and potential advantages over other cryptocurrencies. By examining each cryptocurrency, investors can make informed decisions about investing and adding them to their portfolios.
Fight Out (FGHT) – Move-to-Earn (M2E) Cryptocurrency Project with Real-World Gyms
Since its inception, Bitcoin has had its bull runs as well as faced cold hands of the bear market, but it remains a hot topic amongst investors, and traders alike, it is after all the king of all cryptocurrencies, even with the dawn of new crypto tokens such as FGHT, CCHG, and TARO. The crypto market has been in flux recently, with prices fluctuating wildly and investors feeling uncertain about the future. However, BTC has weathered the storm and is on the path to recovery. As of late, Bitcoin has been showing signs of strength, with prices beginning to tick upward once again as Bitcoin crosses the $23,500 threshold.
While Bitcoin may have been struggling, other cryptocurrencies have not fared as well. However, some new coins in the cryptocurrency market, such as the above mentioned ones have been able to maintain their value in the face of market volatility.
Although the crypto market’s unpredictability persists, Bitcoin still reigns supreme. However, the future of Bitcoin remains uncertain, which is why investors are considering alternatives. This article examines Bitcoin, and its alternatives, highlighting their unique features and potential advantages.
Bitcoin Price Outlook for the Month
Bitcoin is currently facing resistance levels, but a buy signal has been detected that could lead to a rally benefiting altcoins like FGHT, CCHG, and TARO. As a result, investors should anticipate a positive start to March 2023. However, it’s important to note that rejection at the midpoint of the ascending parallel channel could occur, potentially leading to a crash below $18,000 if the lower trend line is decisively broken and the current level is flipped.
Since the Bitcoin price outlook can’t assure maximum gains, it is considered a safe investment strategy to spread your portfolio across various cryptocurrencies that have demonstrated stability and are less susceptible to potential price reversals. These three tokens have shown promise in terms of stability and could be good candidates for diversification.
Alternatives to Bitcoin You Should Really Consider Investing Into
- Fight Out (FGHT) – Move-to-Earn (M2E) Cryptocurrency Project with Real-World Gyms
- C+Charge (CCHG) – Green Crypto Project Revolutionizing the EV Industry
- RobotEra (TARO) – Top-Rated Metaverse Cryptocurrency
The following section will analyze these tokens to understand their unique features and potential advantages over other cryptocurrencies. By examining each cryptocurrency, investors can make informed decisions about investing and adding them to their portfolios.
Fight Out (FGHT) – Move-to-Earn (M2E) Cryptocurrency Project with Real-World Gyms
When looking for the best Bitcoin alternative, our top project to consider is Fight Out. It is currently one of the best crypto presales available, with investors quickly taking advantage of the discounted presale prices. The project has already raised over $4.9 million, and new investors can earn up to 67% in bonus tokens depending on their purchase size and chosen vesting period. In addition, the project offers a 5% USDT referral program.
>>>Buy Fight Out Now<<<
The project team’s development of a move-to-earn crypto mechanism has attracted optimistic investors due to its potential to provide real-world rewards to members of its ecosystem for exercising. Unlike other M2E projects that only track steps, the project distinguishes itself by including all exercise movements and workouts.
The FGHT token is the primary utility token supporting the ecosystem. It has numerous use cases, including granting access to the Fight Out app and broader ecosystem through a monthly subscription service and being staked to generate passive income. Therefore, individuals searching for the best cryptocurrency may consider exploring the coin’s presale.
>>>Buy Fight Out Now<<<
C+Charge (CCHG) – Green Crypto Project Revolutionizing the EV Industry
Over the past few years, there has been a significant rise in the use of electric vehicles worldwide, with companies such as Tesla making it easier for people to purchase and participate in the green revolution. Despite this growth, the EV market remains susceptible to change. C+Charge seeks to disrupt this market by leveraging blockchain technology’s power and introducing carbon credits into EV charging.
>>>Buy C+Charge Now<<<
The project has developed a charging payment system that enhances the charging experience for electric vehicle drivers. It prioritizes user privacy, utility, and verifiability, providing the best possible value to its users. By addressing several issues with the current EV charging infrastructure, C+Charge has created a solution that addresses the inadequacies of the current system. Furthermore, the platform allows users to monitor their credits, balances, and prices at different charging stations.
The platform’s native coin is called CCHG, based on the BNB Smart Chain. The tokens are currently available for purchase at a reduced price via presale prices, with the presale proceeding in stages. More than $4 million has been raised, demonstrating the coin’s viability. Investors should therefore act quickly and invest before the price rises.
>>>Buy C+Charge Now<<<
RobotEra (TARO) – Top-Rated Metaverse Cryptocurrency
RobotEra is a novel ecosystem that combines virtual real estate with the metaverse. The fundamental appeal of the concept is that it allows users to control their in-game assets. All aspects of the game, such as player avatars, are represented by NFTs, enabling players to monetize their assets without any developer limitations or interruptions freely.
The project’s native token is TARO, the foundation for all transactions within the ecosystem. Gamers can utilize the token to purchase and sell NFTs and cash out their profits by selling assets. Furthermore, it can also be staked, letting users accumulate more tokens over time.
The project provides users with numerous ways to generate cash. For example, gamers can sell their NFTs whenever they choose. In addition, players can obtain digital resources from the game environment, construct new robots, accomplish missions, and participate in events. Because the project is still in its early stages, investors would be wise to buy in the ongoing presale before demand and price rise.
>>>Buy RobotEra Now<<<
Conclusion
Despite the volatility in the cryptocurrency market, Bitcoin seems to be weathering the storm and is showing signs of recovery. However, investors are advised to consider diversifying their portfolios with stable and promising cryptocurrencies like Fight Out (FGHT), C+Charge (CCHG), and RobotEra (TARO).
These alternative cryptocurrencies have unique features and potential advantages that make them worth exploring. Aside from maximum gains, investing in these stable and promising cryptocurrencies is a safe investment strategy for wise investors.
The post Bitcoin Price Prediction – BTC Weathers Storm as other Crypto Suffer and Looks Set to Pump Again appeared first on Analytics Insight.
Bitcoin
Can February see Bitcoin [BTC] do a January? The odds are…
Published
2 months agoon
January 30, 2023![Can February see Bitcoin [BTC] do a January? The odds are…](https://btcminingvolt.b-cdn.net/wp-content/uploads/2023/01/102520-attachment.jpg)
- Bitcoin’s MVRV ratio and NUPL have not yet hit a strong accumulation zone
- The coin’s UTXO may need to break out of its resistance to sustain January’s momentum while U.S interest rates could also affect BTC’s demand
Bitcoin’s [BTC] 43% hike in January surely brought rays of hope to investors dampened by 2022’s market display. In fact, it was one of the best first month performances of the coin in about ten years. However, on-chain data revealed that enthusiasts looking to accumulate more of the king coin might not find it challenging to pick out a guaranteed buying opportunity in February.
Read Bitcoin’s [BTC] Price Prediction 2023-2024
Playing second fiddle in the second month?
According to On-chain Edge, a pseudonymous CryptoQuant analyst, expecting a replica of BTC’s performance in February could be a stretch. The analyst’s viewpoint was based on the Market Value to Realized Value (MVRV) ratio.
The MVRV ratio displays possible buying prospects due to the market capitalization and realized capitalization trend. However, On-chain Edge pointed out that the MVRV ratio was 1.16, at the time he published. Since it was not below a value of 1, the prevailing BTC position might be considered shaky as one to potentially make significant gains.
Source: CryptoQuant
Besides the MVRV ratio condition, the analyst also focused on the state of the Net Unrealized Profit/Loss (NUPL). This metric is laser-focused on the market cap and realized cap difference. Hence, also revealing whether the Bitcoin network is in profit or loss. The analyst noted,
“The increase in unrealized profits over the last few weeks has led to a dramatic rise in the NUPL value, which is currently at 0.14, higher than before the FTX crash.”
While this could be considered a move in the positive direction, there is also a resistance that could draw back the NUPL’s improvement.
At press time, the NUPL’s 0.14 value meant buying at the current BTC price remains risky. Meanwhile, a consistent increase would mean difficulty in re-entering an excellent buying zone. The analyst then concluded that investors could either wait on the next buying chance or hope for a significant breakout.
Source: CryptoQuant
January’s momentum could stay alive if…
While the data mentioned above means that a price reversal could be on the cards, bullish possibilities are also not down and out. Yonsei_dent, who dropped his two cents on the matter, was at the forefront of this opinion.
Is your portfolio green? Check out the Bitcoin Profit Calculator
According to him, the six to twelve months Unspent Transaction Output (UTXO) Age bands could have a say in the coin’s trend.
Source: CryptoQuant
Yonsei_dent used the 2021 bull market and early 2022 bear condition as an illustration. The analyst mentioned that it is necessary to consider the UTXO due to its influence on BTC’s support and resistance. He wrote,
“If the market price reaches the Realized Price (6m~12m), that level can act as a resistance zone. If it breaks out clearly at that level, it will build momentum into the bull market.”
Moreover, the release of the interest rates by the U.S Federal reserves could also impact BTC’s February trajectory. In fact, according to CME Group, there is a high chance of the Fed raising interest rates. This, in turn, could cut down investors’ palate concerning Bitcoin demand.
Ser Suzuki Shillsalot has 8 years of experience working as a Senior Investigative journalist at The SpamBot Times. He completed a two-hour course in journalism from a popular YouTube video and was one of the few to give it a positive rating. Shillsalot’s writings mainly focus on shilling his favourite cryptos and trolling anyone who disagrees with him. P.S – There is a slight possibility the profile pic is AI-generated. You see, this account is primarily used by our freelancer writers and they wish to remain anonymous. Wait, are they Satoshi? :/
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