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Showing posts with the label cycle

Crypto expert Michaël van de Poppe predicts ‘big bull cycle’ for these assets

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Amid significant developments in different markets and across industries, hard assets like gold, silver, and cryptocurrencies seem to be teetering at the edge of a massive bull cycle, at least according to one crypto trading expert, who has referred to them as must-haves in portfolios. As it happens, renowned crypto analyst Michaël van de Poppe has observed the “extremely low (…) valuations of Crypto & Gold, Silver compared to the Dollar & Equities,” adding that “we’re on the edge of a big bull cycle in hard assets overall, commodities included,” in his X post on May 22. In other words, he suggested that investors should accumulate in their portfolios exactly these “hard assets” – crypto, gold, and silver – today, while they are still cheap in comparison to the United States dollar and stocks, as the “big bull cycle” could start at any moment, judging by the chart patterns. Pic...

Here’s how to turn $1k to $1 million during this crypto cycle

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With the cryptocurrency market currently in a bull cycle, investors are actively seeking opportunities to earn profits, leading to a search for viable strategies and digital assets worth investing in. Although some segments of the crypto market believe that the sector might have reached its peak for the current phase, an on-chain crypto analyst who goes by the pseudonym 0xReflection , in an X (formerly Twitter) post on April 9, contends that there is still room for profit in this cycle . According to the analyst, with Bitcoin (BTC) halving only days away, investors can potentially turn a modest $1,000 investment into a staggering $1 million during this crypto cycle. Picks for you This Solana trader made from $530k to $6 million amid uncertainties 20 mins ago US recession is 'delayed but still coming' warns Chief Strategist 25 mins ago What’s happening with Brazilian Real vs. Dollar (USD/BRL)? 18 hours ago Supply shock alert: Bitcoin exchanges r...

Coinbase says Bitcoin, Ethereum current cycles resemble 2018-2022

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Bitcoin and Ethereum are seemingly following the pattern of previous years, when their prices jumped by 500% and 1,000% respectively, Coinbase research says. The current crypto market cycle for Bitcoin (BTC) and Ethereum (ETH) closely echoes the period between 2018 and 2022, when both cryptocurrencies witnessed a significant surge in their prices, according to the latest research report conducted by Coinbase Research and Glassnode. As noted by analysts, various metrics of cyclicality, including net unrealized profit/loss and supply in profit, follow the previous trends and indicate that the current state of the crypto markets does not reflect the euphoric conditions witnessed during the maximum of 2023, suggesting the market still has room to surge. Bitcoin price performance since cycle low | Source: Coinbase Research You might also like: Bitcoin ETF applicants ramp up BTC purchases ahead of SEC verdict While acknowledging the potential positive impact of the upcom...