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Crypto Market in Final Stage of the Cycle, Warns Analyst – Here Are His Targets for Bitcoin, Ethereum and Sui

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Analyst and trader Jason Pizzino is saying that the crypto market is possibly at the tail end of the cycle. In a new video, Pizzino tells his 348,000 YouTube subscribers that for the current cycle, most of the gains “have been had already.” According to the widely followed crypto analyst, the upside potential for Bitcoin (BTC) going forward is limited after recording gains of over 6x from the November 2022 low. “Seems like most of the gains already in… Bitcoin is up 500% [since November of 2022]. I think it’s unlikely that Bitcoin would do another 500% from $100,000. That would take you to $500,000 or $600,000. So I’m not looking for any of those targets. I’m definitely now moving things to be a lot more conservative.” Bitcoin is trading at $98,912 at time of writing. Turning to Ethereum (ETH), Pizzino says that the second-largest crypto asset by market cap is only likely to go up by between 187% to 258% from the current level in “lucky” ...

Ethervista: Trader Turns $5K Into $670K, Impact on Solana

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Ethervista, a new decentralized exchange on Ethereum, is making waves. A crypto trader recently turned $5,000 into $670,000 in just 48 hours on the platform. This huge profit has put Ethervista in the spotlight. It’s now seen as a potential challenger to Solana in the crypto world. Also Read: Top Security Tips from Billionaire Crypto Investors Exploring Ethervista’s Rise, Solana’s Challenge, and Ethereum’s Role The $5K to $670K Trade $5K TO $670K ON ETHERVISTA IN JUST 48 HOURS Trader 0x430 bought the launch of @ethervista, spending $5K to secure just over 5% of the supply. He distributed his VISTA holdings across 7 different wallets to sell them off, and after 2 days realized over $670K of profit into ETH.… pic.twitter.com/CdAXlE1XRO — Arkham (@ArkhamIntel) September 3, 2024 A crypto trader known as 0x430 bought VISTA tokens when Ethervista launched. They spent $5,000 to get about 5% of all VISTA tokens. In two days, the trader split these tokens across sev...

Crypto trader turns $30M to $17M in two months, loses $13M

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A crypto trader and the formerly largest Ethena (ENA) staker has capitulated with $13 million of mostly realized losses. As fear took over, the investor unstaked a $17 million position built with an initial investment of around $30 million. Notably, the trader built his position from April 5 to April 10 with four 5 million ENA withdrawals from Binance. According to a Lookonchain report on X, the purchases resulted in a 23.24 million ENA position worth $30 million. The average price was $1.29 per token. Later, the Ethereum (ETH) address ‘0x886b70db1A5Ec9DA60231D3A059b640dB7f116ed‘ staked the recently acquired ENA, becoming the token’s largest staker , interested in the yield. Picks for you Jim Risch's net worth revealed: How rich is Risch, the Senator from Idaho 35 mins ago ...

Legendary trader predicts Bitcoin price will ‘pump’ if this pattern plays out

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Veteran trader Peter Brandt has sparked significant discussions in the cryptocurrency sector with his latest forecast, suggesting that Bitcoin (BTC) could potentially approach its previous highs if it continues to follow a classic bullish pattern . In a post shared on X (formerly Twitter) on May 2, Brandt presented a scenario where, by sustaining its current stability and upward momentum, Bitcoin might witness a substantial price increase, nearing  its historical peak values. Bitcoin price analysis chart. Source. TradingView/Peter Bandt This optimistic outlook, however, has not been well embraced. Some skeptics have questioned Brandt’s credibility, given his previous predictions suggested both a correction to $40,000 per BTC and the possibility that Bitcoin had already reached its peak. Picks for you 'Wild swing': Jack Dorsey's company stock erases staggering gains on Friday 28 mins ago Opportunity? Here's Bitcoin's 'most optimal bu...

Crypto traders are looking at Dogecoin (DOGE) again — Here is why

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DOGE flashes a rarely seen technical signal which has historically been followed by a parabolic rally. When memecoins go parabolic, it’s usually a market top signal and a warning that investors’ euphoria has peaked. The market witnessed similar speculative fury in the 2020 to 2021 bull market when Dogecoin (DOGE) chased after $1, Shiba Inu (SHIB) rallied by tens of thousands of percent, and NFT prices hit eye-watering six to seven-digit highs.  DOGE/USDT vs BTC/USDT weekly chart. Source: TradingView Despite only being up 13.6% for the year, DOGE’s 33.2% gain over the last month has put the asset on some analysts’ radar. Take, for example, crypto trader Tony “The Bull,” who pointed out that DOGE price rallied into the one-month parabolic SAR indicator, a move that the trader says was previously followed by a 23,000% rally. For trader s who use technical Analysis , the parabolic SAR is generally used to pinpoint “stop and reverse” signals from an asset. In short, it is used to determi...