Connect with us
  • tg

Cryptocurrency

Bitcoin and Ethereum forecast: opinions of cryptocurrency community members

letizo News

Published

on

bitcoin and ethereum forecast for August 2022

Are you wondering what the bitcoin and ethereum forecast for August 2022 is? Against the background of a slight correction of the most capitalized cryptocurrencies. What behavior of coins do market participants expect? Next – bitcoin and Ethereum forecasts in one review

Is bitcoin and ethereum a good investment

Opinions of market participants on bitcoin are divided. For example, analyst Oriel Ohayon sees prospects for a positive movement of BTC. In his opinion, the cryptocurrency’s growth potential is indicated by record volumes of bitcoin purchases at cryptocurrency exchanges.

A trader with the microblogging nickname, Mustache, holds a similar point of view. According to his observations, the cryptocurrency has updated its local lows. A rebound from them, according to Mustache, will help the coin to enter growth. Many other members of the crypto community also believe that BTC has already passed the bottom. According to this logic, bitcoin has growth ahead.

Is bitcoin and ethereum a good investment? The potential for positive movement of the coin, according to some members of the cryptocommunity, is also indicated by the results of technical analysis. For example, many see a “bull flag” pattern on the BTC chart. Upon its completion, regarding technical analysis, bitcoin will be able to enter growth.

Among other technical analysis patterns that may also indicate that BTC is preparing for growth, network users single out the descending wedge. At the same time, experienced members of the crypto community remind their colleagues that bitcoin, according to the analysis of the cryptocurrency movement history, updates the absolute maximum only after a halving. As a reminder, the next halving of BTC’s mining speed will occur in 2024.

However, not all market participants see the prospects of a positive movement of BTC. Some investors believe that the growth realized in mid-July was nothing more than a correction after a protracted fall. For example, this opinion is held by analyst Matthew Hyland.

Bitcoin and ethereum forecast accuracy must always be questioned

You must not forget that bitcoin and ethereum forecast accuracy must always be questioned. Also, the weakness of bitcoin, according to members of the crypto community, is indicated by the inability to keep the level above the average value for 200 days. The pressure is intensified by expecting the next decision of the U.S. Federal Reserve on the key rate. The regulator’s next meeting will be held on July 26-27.

On the chart of the second most capitalized cryptocurrency Ethereum, network users see signals that may indicate the preparation for the coin to fall. Investors believe the digital asset’s downside potential is indicated by the completion of the “head, shoulders” figure.



Cryptocurrency

30K BTC Leaves Exchanges: How Will Bitcoin’s Price React?

letizo News

Published

on

Bitcoin (BTC) is flashing a critical supply signal as investors withdrew at least 30,000 BTC from crypto exchanges in a week.

With corporations like Strategy aggressively accumulating the number one cryptocurrency, market watchers warn of a liquidity crunch that could ignite volatility.

Bitcoin Outflows Point to Reduced Selling Pressure

Recent on-chain data from Santiment, shared by analyst Ali Martinez on X, shows that over 30,000 BTC, valued at $2.5 billion, had been withdrawn from exchanges since March 24. Martinez also noted a parallel $106 million worth of Bitcoin had been transferred to private wallets in the last few hours.

When traders remove their BTC from exchanges into private wallets, it is often for long-term holding. This reduces the available supply in the market, potentially driving up prices if demand remains strong.

The trend aligns with a corporate buying spree that has intensified the supply squeeze. Strategy (formerly MicroStrategy) added 6,911 BTC valued at $584 million to its holdings last week, bringing its total ownership of the asset to a staggering 506,137 BTC.

Japan’s Metaplanet and California-based KULR Technology also contributed to the scarcity of available BTC, buying $12.6 million and $5.3 million worth of the cryptocurrency, respectively. Even meme stock darling GameStop entered the fray, approving a plan that will see it spend $1.3 billion on the digital asset.

Consolidation Before the Next Move

Meanwhile, trader @TedPillows recently pointed out that BTC might be in a Wyckoff re-accumulation phase. This is when large institutional investors or the so-called “smart money” acquire crypto at lower prices, as it occurs right after a downtrend.

According to Ted’s analysis, Bitcoin’s drop below $85,000 is a form of “manipulation” designed to shake out weaker hands. He predicts that if the OG cryptocurrency recovers to surpass $92,000, bearish traders could face significant losses.

Changing hands at under $82,000 at the time of this writing, BTC’s price action suggests short-term weakness but long-term strength. It is down about 1.2% in the last 24 hours and 6.1% over the past seven days, a shade below the broader crypto market’s 7.60% drop in the same period. However, zooming out to the last 12 months reveals more encouraging data, with Bitcoin maintaining a 16.5% gain in that time.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Oh Whale Launches Purpose-Driven Presale with Ocean Conservation at Its Core

letizo News

Published

on

[PRESS RELEASE – London, United Kingdom, March 31st, 2025]

As market uncertainty looms and investors navigate the recent turbulence caused by macroeconomic shifts like U.S. tariff developments, Oh Whale enters the crypto space with a mission-focused approach. A truly mission-driven project, Oh Whale is inviting early supporters to join its live Stage 1 presale, the only phase where $OHW tokens are offered at the lowest possible price. And with a powerful mix of transparency, utility, and social impact, Oh Whale aims to build a purpose-driven ecosystem beyond typical token launches.

Beyond a Token – A Mission to Protect the Oceans

Oh Whale is built around the Ocean Conservation Pool (OCP), a unique feature encoded into the token’s core. With every stage of the presale, up to 15% of raised funds will be allocated to ocean preservation efforts, and the community itself will vote on which NGOs receive support. Once launched, $OHW will also include a small 0.5% tax (the same size as Loki, for example) on every transaction, ensuring continuous funding for marine conservation. This model enables investors to contribute to a meaningful cause with every token movement without hurting the token price.

Trust First: Doxxed, Audited, and Transparent

Oh Whale is proud to be fully doxxed and KYC-verified by SolidProof, standing apart from countless anonymous teams in the space. Its smart contracts have been audited, ensuring safety and peace of mind for all participants. Transparency remains a core principle of the project, with all members being visible, accountable, and actively engaging with the community.

Incentives Available During Stage 1

  • Investor Bonuses – Every contribution over $1,000 during Stage 1 includes a free, utility-packed NFT.
  • Ocean Legends Loyalty Program – Points earned through referrals, community engagement, and social activity can unlock future perks, exclusive merchandise, and staking multipliers.
  • Limited-Time 10% Self-Buy Bonus – Early participants in Ocean Legends may receive up to 10% in additional tokens on qualifying contributions during Stage 1.
  • Flat Staking Model – Rewards begin from launch, with no lockups. The structure is designed to support steady token flow and promote long-term ecosystem growth.

Beyond the numbers, early participation positions investors at the forefront of a project that values community, transparency, and giving back. The Ocean Legends program also introduces gamified features, including badge systems and rank-based rewards that create a rewarding experience.

Built to Grow: Ecosystem, NFTs, and P2E Adventure Coming

Oh Whale’s roadmap is packed with milestones that reflect its commitment to real, steady growth:

  • Gradually Released Tokenomics Ensuring Sustainable Expansion
  • Centralized Exchange Listings
  • Exclusive Partnerships with Ocean Conservation Organizations
  • Full NFT Collection with In-Ecosystem Utility
  • Play-to-Earn Game Featuring NFT Integration
  • DAO Governance for Long-Term Community Involvement
  • Exclusive Partnerships with Ocean Conservation Organizations

This is not just a placeholder roadmap—it reflects a structured, phased approach to development, designed to support organic and sustainable growth.

$20,000 Stage 1 Giveaway

To boost early adoption, Oh Whale is hosting a $20,000 contest on their X for all Stage 1 contributors. This is more than a typical raffle, it’s an opportunity for early backers to amplify their holdings while playing a part in protecting the oceans.

Riding Out the Red Market with Purpose

While much of the crypto world is waiting out the storm, Oh Whale is building on-chain, out loud, and with real impact. This project isn’t about short-term hype—it’s a transparent, long-term initiative driven by real contributors and real-world outcomes.

At a time when skepticism is warranted and presale risks are high, Oh Whale offers a differentiated approach rooted in accountability and aligned values. For those seeking to support a mission-focused project with community engagement and lasting goals, this moment presents a meaningful opportunity.

About Oh Whale

Oh Whale is a blockchain-based project dedicated to ocean and whale conservation. built on ethereum, it supports marine protection through the ocean conservation pool (OCP), which funds non-profits chosen by the community. the project emphasizes decentralized decision-making and features a unique nft collection.

Website: ohwhale.io

Whitepaper: whitepaper.ohwhale.io

Twitter: x.com/The_Oh_Whale

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Strategy Resumes Multi-Billion Dollar Bitcoin Purchases by Acquiring Over 22K BTC

letizo News

Published

on

The NASDAQ-listed largest corporate holder of bitcoin seems unfazed by the asset’s lackluster price performance lately, as it continues to scoop up more.

In its latest announcement, company co-founder Michael Saylor said the firm spent almost $2 billion to acquire 22,048 BTC.

After the conclusion of the US elections, when it became clear that there would be a big regulatory change in the country, MicroStrategy (as it was called at the time before it rebranded to Strategy in 2025) went on an accumulation spree, spending billions of dollars to increase its BTC stash.

Its progress stalled in the past few months, as its purchases declined in terms of USD value, including a modest one of just over $10 million from a couple of weeks ago.

However, last week’s acquisition was a bigger one (nearly $600 million at then-prices), while Saylor’s announcement from today put the company’s acquisitions into the billions once again.

The 22,048 BTC acquired for $1.92 billion means that the average price was at just shy of $87,000 per bitcoin. Strategy’s total stash has grown to 528,185 BTC, currently valued at roughly $43.3 billion, given bitcoin’s price slide to $82,000 as of press time.

Still, this puts Strategy at an unrealized profit worth almost $8 billion, given that the firm has spent $35.63 billion to accumulate its BTC fortune.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved