Market Analysis | ForkLog

ForkLog 19 18.04.2023

Experts forecast Bitcoin to reach $45,000 by May 20

If the bear-market pattern of the 2018-2019 bear market repeats in duration and trajectory, Bitcoin could reach $45,000 by May 20.

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ForkLog 19 18.04.2023

Analysts say the bear market in Bitcoin has ended

Bitcoin price sits above an accumulation cluster of $16,000–$25,000, where most coins have moved to buyers. On-chain indicators show the bear phase in Bitcoin's market has ended, according to Glassnode.

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ForkLog 7 17.04.2023

Crypto fund inflows extend fourth consecutive week.

Net inflows to crypto investment products from April 8–14 reached $114 million, up from $57 million a week earlier, according to CoinShares.

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ForkLog 10 11.04.2023

Inflows into crypto funds resume

Inflows into cryptocurrency investment products for 1–7 April totaled $57 million, up from $2.5 million the previous week. Such assessment was provided by CoinShares analysts.

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ForkLog 17 04.04.2023

Analysts assess Binance’s market share after CFTC claims

The cessation of zero-fee trading on a range of instruments and the CFTC lawsuit in Q1 contributed to Binance's decline in the spot market share from 70% to 54%, Kaiko analysts say.

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ForkLog 22 04.04.2023

Glassnode: Regulatory pressure on Binance has not broken Bitcoin hodlers

The CFTC's lawsuit against Binance and its CEO Changpeng Zhao did not lead to a significant outflow of users from the platform, nor did it shake investors' confidence in the leading cryptocurrency. Analysts at Glassnode concluded as much.

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ForkLog 9 03.04.2023

Crypto funds see activity dip after eight-month record inflow

Inflows into crypto investment products from 25 to 31 March fell to $2.5 million. CoinShares analysts provided this estimate.

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ForkLog 10 28.03.2023

Glassnode: Bitcoin investors confident of continued uptrend

Against the backdrop of the largest wave of profit-taking in Bitcoin since May 2022, most coins have remained relatively inactive. The majority of speculators are prepared to hold them for longer periods, according to Glassnode analysts.

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ForkLog 10 27.03.2023

TradFi woes drive $160m inflow into crypto funds

Inflow to cryptocurrency investment products from March 18 to 24 reached $159.9 million, the highest since July 2022. CoinShares analysts provided these estimates.

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ForkLog 17 21.03.2023

Glassnode: Banking crisis pushed Bitcoin out of bear market

Bitcoin posted an impressive weekly gain of 35.8% thanks to emergency measures by leading central banks after a loss of confidence in banks. For digital gold, a structure reminiscent of early bull markets has formed, Glassnode emphasised.

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ForkLog 19 20.03.2023

Expert questions the odds of former Coinbase CTO’s bet that Bitcoin will reach $1m

Former Goldman Sachs executive and macro investor Raoul Pal said there is effectively zero probability that Balaji Srinivasan would win the bet in which the former Coinbase CTO bet Bitcoin would reach $1m within the next 90 days.

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ForkLog 15 20.03.2023

Crypto fund outflows continue for the sixth consecutive week

Outflows from crypto investment products from March 11 to 17 totaled $95 million, after a record $255 million the week before, according to CoinShares analysts.

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