{"id":352565,"date":"2024-07-26T13:04:07","date_gmt":"2024-07-26T07:34:07","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=352565"},"modified":"2024-07-26T13:04:07","modified_gmt":"2024-07-26T07:34:07","slug":"crypto-trader-says-bitcoin-ascent-above-100000-will-come-rapidly-updates-outlook-on-ethereum-and-dogecoin-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-trader-says-bitcoin-ascent-above-100000-will-come-rapidly-updates-outlook-on-ethereum-and-dogecoin-crypto-news\/","title":{"rendered":"Crypto Trader Says Bitcoin Ascent Above $100,000 Will \u2018Come Rapidly,\u2019 Updates Outlook on Ethereum and Dogecoin &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\">BTC<\/a>) while offering his insight into two other digital assets.<\/p>\n<p>The analyst pseudonymously known as CredibleCrypto <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/CredibleCrypto\/status\/1816172964678713691\">tells<\/a> his 404,100 followers on the social media platform X that Bitcoin appears \u201cunequivocally bullish\u201d on the high time frames despite the price action on the lower time frames indicating otherwise.<\/p>\n<p>According to CredibleCrypto, Bitcoin is currently in a re-accumulation phase and its rise to a price of over $100,000 \u201cwill come rapidly.\u201d<\/p>\n<p>Bitcoin is trading at $64,110 at time of writing.<\/p>\n<p>Turning to Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\">ETH<\/a>), the widely followed analyst <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/CredibleCrypto\/status\/1815937392534249626\">appears<\/a> to suggest that the second-largest crypto asset by market cap could fall further after failing to react positively to news of the approval of spot Ethereum exchange-traded funds (ETFs) in the US. Referencing an earlier forecast that he expected Ethereum to fall below $2,800 if Bitcoin also underwent a correction, CredibleCrypto asks,<\/p>\n<p><i>\u201c[Ethereum] ETF launch has come and gone and we are in basically the same spot [with the price of Ethereum].<\/i><\/p>\n<p><i>How\u2019s this looking now? Still think it\u2019s impossible?\u201d<\/i><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Credible Crypto\/X<\/figcaption><\/figure>\n<p>Ethereum is trading at $3,171 at time of writing, down by around 9% over the past 24 hours.<\/p>\n<p>Next up is Dogecoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/dogecoin\">DOGE<\/a>). <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/x.com\/CredibleCrypto\/status\/1816316725056483647\">According<\/a> to the pseudonymous analyst, the leading memecoin by market capitalization will top out this cycle after Bitcoin \u201chits its peak somewhere above $100,000.\u201d<\/p>\n<p>Dogecoin is trading at $0.124 at time of writing, down by around 7% over the last 24 hours.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on Bitcoin (BTC) while offering his insight into two other digital assets. The analyst pseudonymously known as CredibleCrypto tells his 404,100 followers on the social media platform X that Bitcoin appears \u201cunequivocally bullish\u201d on the high time frames despite the price action on the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":352571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-352565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=352565"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352565\/revisions"}],"predecessor-version":[{"id":352573,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352565\/revisions\/352573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/352571"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=352565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=352565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=352565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}