Bitcoin, Ethereum and Dogecoin are types of digital money that people can buy and sell online. Sometimes, these digital monies have a hard time going up in value because some people want to sell them instead of buying. This happened over the weekend, but even with this problem, these digital monies still went up in value. An expert named Crypto Tony thinks that Bitcoin needs to reach $69,000 for it to keep going up a lot more. Another expert, Michael Van de Poppe, thinks that Bitcoin might have reached its highest value before an event called "halving" happens. Halving is when the amount of new Bitcoins being made is cut in half. Some people think this can make the value of Bitcoin go up even more after halving, which could happen in April. Read from source...
1. The title is misleading and exaggerated, implying that all major cryptocurrencies surged amid selling pressure, which is not true for many altcoins that struggled or declined during the weekend.
2. The author uses vague terms such as "selling pressure" and "unsuccessful recovery attempts", without providing any evidence or data to support these claims. This creates a sense of uncertainty and confusion for the readers, who might not have a clear understanding of the market dynamics or the factors influencing the crypto prices.
3. The introduction of Crypto Tony as an analyst is unprofessional and questionable, given that he is not identified by his full name, credentials, or background. This raises doubts about his credibility and expertise in the field of cryptocurrency analysis.
4. The prediction of a key benchmark of $69,000 for BTC is arbitrary and speculative, without explaining how this number was derived, what factors could influence it, or what implications it would have for the market. This lacks objectivity and rigor in reporting financial news.
5. The mention of Michael Van de Poppe as another analyst is irrelevant and disconnected from the main topic, since he does not offer any insights or opinions on the crypto prices, but rather comments on Bitcoin's peak value before the halving. This seems to be an attempt to fill space and attract attention, without adding any value to the readers.
6. The table of gains and losses is outdated and incomplete, since it only records the data until 9:30 p.m. EDT on March 18, while the article was published on March 18 at 12:14 a.m. This creates inconsistency and inaccuracy in reporting the current market conditions. Moreover, the table does not include any other cryptocurrencies besides Bitcoin, Ethereum, and Dogecoin, which limits the scope and usefulness of the information.
7. The article ends abruptly and ambiguously, without providing any conclusion, summary, or outlook for the future. This leaves the readers hanging and unsatisfied, wondering what the main purpose and message of the article was.