Monday, May 19, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Altcoin

Long Consolidation Period Looming for Crypto As Markets Have Already Used Up All the Juice, Says Analyst

n70products by n70products
January 9, 2024
in Altcoin
0
Long Consolidation Period Looming for Crypto As Markets Have Already Used Up All the Juice, Says Analyst
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


A carefully adopted dealer believes that the crypto market is inching towards the tip of its rally following a stellar efficiency final 12 months.

Pseudonymous analyst The Move Horse tells his 196,800 followers on the social media platform X that he believes the year-long bullish run of the crypto markets is about to face exhaustion.

In keeping with the dealer, his brief to mid-term bearish view could be invalidated if buyers poured large liquidity into Bitcoin (BTC) exchange-traded funds (ETFs).

The U.S. Securities and Change Fee (SEC) is predicted to decide on a sequence of BTC ETF purposes between now and tomorrow.

Says The Move Horse,

“Until ETFs begin actually printing, we now have used the juice, for my part. Not completely, however can see a protracted interval of chop solely and the market taking again unskilled features.

Consider how ridiculous it’s that individuals are nonetheless like, ‘Issues are simply getting began… The largest bull rally is about to start.’

Do you sleep beneath a rock? The printer has been printing for like a 12 months straight.” 

The dealer goes on to say that the lengthy consolidation interval can final for half a 12 months or extra.

“Six to eight months is okay. It’s the quick few months I’m involved with.” 

Whereas The Move Horse sees the crypto markets correcting and consolidating within the coming months, he believes that Bitcoin will proceed its long-term bullish trajectory.

“Optimistic drift from passive flows in a brand new asset that’s championed by youthful generations. One of many explanation why now I can’t even entertain conversations about ‘What if Bitcoin is finished appreciating?’ The speed of return will taper off however long-term up and to the precise.” 

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Verify Price Action

Observe us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any loses chances are you’ll incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet affiliate marketing.

Generated Picture: DALLE3





Source link

Tags: AnalystConsolidationCryptoJuiceLongLoomingmarketsPeriod
Previous Post

SEC Chair gives another warning as decision on spot Bitcoin ETF approaches

Next Post

Ethereum: Checking if ETH to $2500 is still on the cards

Next Post
Ethereum: Checking if ETH to $2500 is still on the cards

Ethereum: Checking if ETH to $2500 is still on the cards

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Binance’s Legal Defense Against US Securities Regulator Pushed Back to Next Week Due to Snow: Report

Binance’s Legal Defense Against US Securities Regulator Pushed Back to Next Week Due to Snow: Report

January 20, 2024
New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint

New York Attorney General Triples the Size of Genesis and Digital Currency Group’s Alleged Fraud in New Amended Complaint

February 11, 2024
France’s bond market sell-off

France’s bond market sell-off

November 29, 2024
XRP Price Stabilizes at $1.30: Can Momentum Build?

XRP Price Stabilizes at $1.30: Can Momentum Build?

November 27, 2024
Crypto sentiment recovers, but weekend liquidity risks remain

Crypto sentiment recovers, but weekend liquidity risks remain

April 27, 2025
Dogecoin (DOGE) Plunges to $0.20: Is This the Bottom or More Pain Ahead?

Dogecoin (DOGE) Under Pressure—Bearish Setup Could Trigger Sell-Off

April 18, 2025

Recent Posts

  • 4 Ethereum On-Chain Metrics Show ETH Price Drop Is No Concern
  • Major Breakout Or Breakdown Imminent?
  • Trader Predicts Ethereum Rally to All-Time Highs, Expects Bullish Continuation for Chainlink and One Solana Rival

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

4 Ethereum On-Chain Metrics Show ETH Price Drop Is No Concern

May 19, 2025
DXY’s Collapse Signals Bigger Bull Run

Major Breakout Or Breakdown Imminent?

May 19, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version