Tag: psychologically
Bloomberg Analyst Warns Bitcoin Could Crash Back To $10,000. Here’s Why ⋆ ZyCrypto
The post Bloomberg Analyst Warns Bitcoin Could Crash Back To $10,000. Here’s Why ⋆ ZyCrypto appeared com. The price of Bitcoin has been highly volatile lately, with recent fluctuations hinting at a potential bear market. Currently trading below the psychologically important $100,000 level, Bloomberg’s Senior Commodity Strategist Mike McGlone warns more turmoil could be ahead. McGlone has predicted a sharp correction in crypto assets, noting that Bitcoin could tumble to as low as $10,000. McGlone’s Stark Bitcoin $10K Crash Warning In a recent bearish analysis, Bloomberg analyst Mike McGlone shared insights into the potential downside of the Bitcoin price. He presented a grim picture of Bitcoin’s prospects, projecting its possible crash to $10K lows. “In 2018, I pointed out, when Bitcoin was about 10, 000, it was going to drop to zero. I was 70% right, 30% wrong because it went down to 3, 000. I’m saying the same thing now. I think it can go back to 10, 000. I mean, that includes everything. Going lower, unfortunately, means the stock market. That’s just normal,” McGlone stated. According to the pundit, “it’s classic peak bull market stuff” that he recalls witnessing back in 1999. Advertisement McGlone expects his foreseen Bitcoin steep decline to trickle down into the stock market and volatility to pick up soon. “You look at the VIX 200-day moving average. It’s averaging about 19. 5, and a key fact is 120-day realized volatility in the S&P 500 is around 10%. If we end the year there, not only is it half the VIX, but it’ll be the lowest since 2017. So, I’m expecting this Bitcoin plunge to trickle down into the stock market, volatility to pick up, maybe just get to its average around 16%,” he posited. Per McGlone, Bitcoin’s significant support level right now lies around $90,000. The pioneer crypto is currently stuck between $90,000 and $100,000, and McGlone is convinced.
Best Cryptos to Buy Now: Why Analysts Are Moving Bitcoin Profits Into XRP Tundra’s Ecosystem
The post Best Cryptos to Buy Now: Why Analysts Are Moving Bitcoin Profits Into XRP Tundra’s Ecosystem appeared com. Bitcoin’s latest cycle has delivered exactly what many long-term holders were waiting for: a new all-time high above $126,000 followed by a sharp reset. Recent data shows BTC has fallen more than 20% from its October peak, with price action oscillating around the psychologically important $100,000 level as sentiment normalizes. For analysts who treat Bitcoin as a macro asset rather than a trading toy, that combination of realized gains and renewed volatility has reopened the question of where fresh capital should go next. Increasingly, research desks and independent commentators are looking beyond BTC itself toward yield-bearing, audited ecosystems such as XRP Tundra that can convert profits into structured, chain-level cashflow. Bitcoin’s Rally Resets the “Best Crypto to Buy Now” Discussion In October, Bitcoin’s move through the $126,000 mark was driven by spot ETF inflows, high conviction from institutional buyers and a still-accommodative macro backdrop. That momentum reversed quickly when a liquidation wave and shifting interest-rate expectations pushed BTC more than 20% off the highs, briefly taking it below $100,000 before a modest recovery. The current environment reflects a period where many holders are securing gains while the market resets after October’s peak. Reports from major research outlets show 2025 BTC targets clustered between roughly $120,000 and $200,000, indicating that upside remains but is less asymmetrical than it was before this year’s breakout. That is leading some analysts to frame Bitcoin as the “engine” that generates gains, and yield-oriented DeFi projects as the destination where those gains are put to work. Within that framework, XRP Tundra is appearing on several “best cryptos to buy now” shortlists because analysts view its dual-chain architecture, presale economics and future yield design as fundamentally different from short-term speculative plays. Why Analysts Funnel Realized Bitcoin Gains Into Yield-Based DeFi The thematic rotation out of pure beta and.
GBP weak, underperforming with pro-risk currencies – Scotiabank
The post GBP weak, underperforming with pro-risk currencies Scotiabank appeared com. The Pound Sterling (GBP) is weak, down 0. 6% against the US Dollar (USD) and underperforming most of the G10 currencies in an environment of broad-based USD strength, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. Focus on fiscal news and BoE “Fiscal developments are dominating in the absence of economic data releases, and focus is on Chancellor Reeves and her attempts to adhere to self-imposed fiscal rules deemed necessary to maintain the confidence of markets. The budget is still weeks away (November 26) but market participants and government officials remain fixated on the Chancellor’s plans.” “The GBP’s correlation to spreads is elevated, suggesting a strong relationship to fundamentals at the moment-a key risk for the pound heading into this Thursday’s BoE (exp hold w/ ~8bpts of easing priced in).” “The RSI is below the oversold threshold at 30 and now into deeply oversold territory at levels (mid-25s) that rarely hold. There appear to be no major support levels ahead of the psychologically important levels ahead of 1. 30 and we look to a near-term range bound between 1. 3020 and 1. 3120.” Source:.
Ethereum and Solana Show Strength — AlphaPepe Presale Gains Momentum Among Meme-Coin Investors
Meanwhile, meme-coin investors are turning toward AlphaPepe (ALPE) the presale that’s capturing viral attention, real rewards, and structural integrity. [.] The post Ethereum and Solana Show Strength AlphaPepe Presale Gains Momentum Among Meme-Coin Investors appeared first on Coindoo.
The New York Times
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