Cryptocurrencies Price Prediction: Ethereum, Cardano & Bitcoin – American Wrap 1 December
|Bitcoin to blast off to $100,000 following Plan B’s Stock-to-Flow model
Plan B has reaffirmed Bitcoin price target of $100,000 in one standard deviation band in his Stock-to-Flow model. One of the largest asset managers, Fidelity Investments, plans to launch a spot Bitcoin ETF in Canada this week. Alex Krüger has placed the odds of Bitcoin hitting fresh all-time highs by the year-end at 17%, as headwinds increase.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins recover as BTC chops
Bitcoin price is making a short-term run for the $60,000 psychological level in an attempt to move higher. Ethereum price inches closer to retesting the all-time high at $4,880 after rallying 22% over the past five days. Ripple price looks to collect liquidity resting above the $1.1 resistance barrier.
Cardano price positioned for bullish reversal, with 100% gains in sight
Cardano price reversal in the cards due to critical Gann time cycle. Extended oversold conditions increase the likelihood of anticipated reversal. A return too, and above, the $3.00 value area is incoming. Cardano price action has been some of the most dismal and disappointing out of all the major cryptocurrencies. But Cardano’s fortunes are about to change.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.