• About us
  • Advertise With Us
  • Become a Contributor
  • Guest Posting Service
  • Privacy Policy
  • Submit Press Release
  • Terms & Conditions
  • Contact
Cryptowall Street News
  • Home
  • Trending Coins
    • Cardano
    • Ethereum
    • Coinbase
    • Polkadot
    • Metaverse
    • BNB Chain
    • DeFi
    • Polkadot
    • Solana
  • Market
    • Bitcoin
    • Blockchain
    • Analysis
    • Guide
  • Top List
    • Top 10 cryptocurrencies
    • Top 50 Cryptocurrency
    • Top 100 Cryptocurrencies
    • Top 200 Cryptocurrency
    • Top 250 Cryptocurrencies
  • Binance
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
  • Home
  • Trending Coins
    • Cardano
    • Ethereum
    • Coinbase
    • Polkadot
    • Metaverse
    • BNB Chain
    • DeFi
    • Polkadot
    • Solana
  • Market
    • Bitcoin
    • Blockchain
    • Analysis
    • Guide
  • Top List
    • Top 10 cryptocurrencies
    • Top 50 Cryptocurrency
    • Top 100 Cryptocurrencies
    • Top 200 Cryptocurrency
    • Top 250 Cryptocurrencies
  • Binance
  • Coinbase
  • Crypto
    • Crypto Exchange
  • Finance
  • Litecoin
  • Ripple
  • Tether
No Result
View All Result
Latest News and Updates on Cryptocurrency
No Result
View All Result

Crypto Kaleo says ‘a bit lower’ before new highs makes sense for Bitcoin

by
August 16, 2022
in Uncategorized
0 0
0
Crypto Kaleo says ‘a bit lower’ before new highs makes sense for Bitcoin
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Bitcoin could drop below $24,000 and retest support levels beneath that buffer zone before finding fresh upward momentum that could include bullish retests of highs above $28,000.

However, even as he charts a potential decline to new lows, popular analyst Crypto Kaleo doesn’t think the Bitcoin market will see new capitulation that pushes prices to $20,000 or below in coming weeks.

According to the analyst, who agrees he might have been “overzealous” in his projection for an upward continuation this week – he had suggested that Bitcoin’s price could tick to $25,000 as risk assets pumped after recent US inflation data – remains bullish and sees a dip in the week as what could offer fresh impetus for higher targets.

Indeed Bitcoin rallied to prices above $25k on Sunday before paring some of the gains on Monday. At the time of writing, BTC/USD was poised just above $24k, about 1.3% down in the past 24 hours.

“I got overzealous on Friday expecting continuation to $28K through the weekend into early this week. I admit when I’m wrong, & while I don’t believe we’re going to see a capitulation to new lows & break beneath $20K, a bit lower before a bit higher makes sense.”

Commenting further on the outlook and his opinion of where next the price of Bitcoin could go, Kaleo added that rejection at $25k (level of May 2022 crash) opens up a retest of lower levels. This includes a decline to the top of mid-June to July range.

Bitcoin’s rally this past weekend pushed BTC to its highest price level in two months, and continues to see the flagship crypto hover above the massively important line of $20k. 

The area is key for bulls, but Bitcoin skeptic Peter Schiff warns it might not hold, with a possible capitulation to below $10,000 in the offing.

He opined via a tweet on Sunday:

The post Crypto Kaleo says ‘a bit lower’ before new highs makes sense for Bitcoin appeared first on CoinJournal.

source

  • Trending
  • Comments
  • Latest
Beldex and Geometry Labs enter privacy-enhancing partnership

Beldex and Geometry Labs enter privacy-enhancing partnership

September 13, 2022
Here's When the Ethereum Proof-of-Work Fork Will Take Place

Here’s When the Ethereum Proof-of-Work Fork Will Take Place

September 13, 2022
Horizen Labs' ApeCoin staking hype sets $APE on a bullish trajectory

Horizen Labs’ ApeCoin staking hype sets $APE on a bullish trajectory

September 13, 2022
Bitcoin breaks to $20K as bulls target higher mothly close

Bitcoin breaks to $20K as bulls target higher mothly close

October 9, 2022
Only1 review: redefining social media experience using NFTs

Only1 review: redefining social media experience using NFTs

0
Et voici EIP-1559 !

Et voici EIP-1559 !

0
Crypto.com is now registered as a virtual asset service provider in the Cayman Islands

Crypto.com is now registered as a virtual asset service provider in the Cayman Islands

0
Crypto has provided Ukraine a way to ‘fight back’, digital transformation minister says

Crypto has provided Ukraine a way to ‘fight back’, digital transformation minister says

0
Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

February 4, 2023
Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder's Survey of Crypto and Fintech Experts Reveals – Markets and Prices Bitcoin News

Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals – Markets and Prices Bitcoin News

February 3, 2023
Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland's MANA Leading the Pack – Metaverse Bitcoin News

Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack – Metaverse Bitcoin News

February 2, 2023
82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows – Featured Bitcoin News

82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows – Featured Bitcoin News

February 1, 2023

POPULAR NEWS

    Recommended

    Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

    Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs – Bitcoin News

    February 4, 2023
    Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder's Survey of Crypto and Fintech Experts Reveals – Markets and Prices Bitcoin News

    Ethereum to Reach Peak of $2,474 Per Token in 2023, Finder’s Survey of Crypto and Fintech Experts Reveals – Markets and Prices Bitcoin News

    February 3, 2023
    Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland's MANA Leading the Pack – Metaverse Bitcoin News

    Metaverse Tokens Outperform Top Crypto Assets in 2023 With Decentraland’s MANA Leading the Pack – Metaverse Bitcoin News

    February 2, 2023
    82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows – Featured Bitcoin News

    82% of Millionaires Ask About Putting Crypto in Their Portfolios, Survey Shows – Featured Bitcoin News

    February 1, 2023

    About Us

    Get the latest news on Cryptocurrency and stay up-to-date ... Cryptocurrency prices today

    Categories

    • Analysis
    • Binance
    • Bitcoin
    • Blockchain
    • BNB Chain
    • Cardano
    • Coinbase
    • Crypto
    • DeFi
    • Ethereum
    • Finance
    • Guide
    • Market
    • Metaverse
    • Polkadot
    • Solana
    • Tether

    Tags

    BNB Chain Business Wire Pricing Cardano Cardano Crypto Crypto Cryptocurrency News Crypto Guest Posting Crypto News Crypto news distribution network Crypto news platform Crypto news site Crypto World DeFi Crypto Ethereum Ethereum Crypto Ethereum Digital Marketing agency Ethereum Marketing Agency Ethereum Marketing Experts Ethereum Online Marketing Agency Latest Crypto News Marketwired Pricing Metaverse Polkadot Polkadot Digital Marketing firm Polkadot Marketing Experts PRNewswire Cost PRNewswire Pricing PRWeb Pricing Solana Solana Crypto Solana Digital Marketing Specialists Solana Marketing Experts3 Solana Online Marketing Agency Today Crypto Update Top Cryptocurrency News video news release video press release video press release service
    • About us
    • Advertise With Us
    • Become a Contributor
    • Contact
    • Guest Posting Service
    • Home 4
    • List Of Top All Cryptocurrencies In The World (2022 Updated)
    • Privacy Policy
    • Submit Press Release
    • Terms & Conditions
    • Top 10 cryptocurrencies in the world | Crypto Prices Today LIVE
    • Top 100 Cryptocurrencies (Real-Time Prices) Market Cap
    • Top 200 Cryptocurrency List Price – Charts
    • Top 50 Cryptocurrency Prices – Coin Market Cap and Price Charts

    © 2022 cryptowallstreetnews.

    No Result
    View All Result
    • Home
    • Trending Coins
      • Cardano
      • Ethereum
      • Coinbase
      • Polkadot
      • Metaverse
      • BNB Chain
      • DeFi
      • Polkadot
      • Solana
    • Market
      • Bitcoin
      • Blockchain
      • Analysis
      • Guide
    • Top List
      • Top 10 cryptocurrencies
      • Top 50 Cryptocurrency
      • Top 100 Cryptocurrencies
      • Top 200 Cryptocurrency
      • Top 250 Cryptocurrencies
    • Binance
    • Coinbase
    • Crypto
      • Crypto Exchange
    • Finance
    • Litecoin
    • Ripple
    • Tether

    © 2022 cryptowallstreetnews.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    • bitcoinBitcoin(BTC)$23,308.00-0.76%
    • ethereumEthereum(ETH)$1,654.370.89%
    • USDEXUSDEX(USDEX)$1.08-0.31%
    • tetherTether(USDT)$1.00-0.05%
    • binancecoinBNB(BNB)$327.741.51%
    • usd-coinUSD Coin(USDC)$1.00-0.08%
    • rippleXRP(XRP)$0.409734-0.55%
    • Binance USDBinance USD(BUSD)$1.00-0.03%
    • cardanoCardano(ADA)$0.4002230.14%
    • dogecoinDogecoin(DOGE)$0.0934181.98%