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Bernstein: Raise year-end Bitcoin price target to $90,000
Bitget·2024/03/21 14:59
Bernstein raises year-end bitcoin price target to $90,000, expects ‘mild’ halving impact on miners
Bernstein has raised its 2024 price target for bitcoin to $90,000 from $80,000.The analysts continue to see Bitcoin miners as the best equity proxy to the cryptocurrency, suggesting the halving impact seems “relatively mild.”
The Block·2024/03/21 14:38
Crypto Price Analysis Mar-21: ETH, XRP, ADA, SHIB, and DOGE
Cryptopotato·2024/03/21 14:10
Kaspa (KAS) and Sui (SUI) continue to show strength after bitcoin (BTC) pump
Cryptodaily·2024/03/21 13:52
Grayscale transferred a total of approximately 1,535 BTC to CEX
Bitget·2024/03/21 13:36
BTC Price Rebounds Despite The Third Day of Outflows for Bitcoin ETFs
The consecutive three-day net outflows have totaled $742 million.
Cryptopotato·2024/03/21 12:25
ETPs: Expanding Investor Access to Crypto
1KX·2024/03/21 12:08
PEPE’s 23% Hike Drive Fierce Accumulation: What’s Coming?
Coinedition·2024/03/21 11:55
Flash
- 04:49Citibank: October non-farm data will significantly slow down, market focus will not return to economic recessionThe Federal Reserve has not yet declared victory in the fight against inflation, but policymakers have shifted some attention to the maximum employment part of their dual mandate. Citi economist Veronica Clark said in a recent report, "October non-farm data will be an important confirmation or denial of stronger September data, but it may not be enough to shift market attention back to the risk of a US economic recession," However, October's data will reflect the ongoing impact of Boeing strikes and hurricanes. Clark estimates that these factors could reduce employment by 70-80 thousand. Citi's view on non-farm employment data is more moderate than generally expected, predicting an increase of 90 thousand people and a slight rise in unemployment rate to 4.23%. In addition, Citi stated that any downward adjustment to September's data could be more significant than usual.
- 04:47In the past 13 hours, a certain whale has withdrawn 5 million US dollars from CEX to bet on the US election in PolymarketAccording to Onchain Lens monitoring, in the past 13 hours, a certain whale has withdrawn $5 million from CEX and placed bets on Polymarket about who will win the US election. They bought shares of "YES" for Trump and "NO" for Harris. This whale traded in six markets and still holds $907,000 worth of USDC available for betting.
- 04:44Analyst: Bitcoin market warning, high leverage triggers a drop in volumeAccording to Crypto Hunter on X, after the author reminded investors not to be blindly optimistic in yesterday's market analysis, the Bitcoin (BTC) market quickly showed a trend of sharp decline. The current daily chart has formed a dusk star pattern, which is a typical top reversal signal. From the perspective of coin-based holdings, Bitcoin's holdings have not significantly decreased and the market leverage is still at a high level. The market currently lacks positive signals and it is not advisable to rush to buy at low prices. Effective market turning signals include significant improvements in macro liquidity, significant reductions in leverage rates, and noticeable weakening of sell orders.
