A popular Bitcoin analyst and trader pointed out that Bitcoin has historically headed towards massive price surges once it closed higher than the previous monthly high. As a result, BTC could face up to a 1,000% price pump soon if it closes November at or above its current price. BTC To Pump By 1,000% Soon?...Read More
Bitcoin price has eclipsed last year’s high in an explosive rally up to the $16,000 mark. The market sentiment is bullish, and predictions call for higher highs by the end of this year. However, one accomplished trader has raised the bar quite high. He thinks BTC will be worth anything in the $80,000-$90,000 range by...Read More
Galaxy Digital CEO Mike Novogratz believes that Bitcoin is in a bull market as the asset has crossed a milestone in its adoption cycle. The former hedge fund manager also noted that BTC will only benefit if the US Federal Reserve continues printing such excessive amounts of money. Novogratz: Bitcoin Is In a Bull Market...Read More
Former hedge fund manager and CEO of Real Vision, Raoul Pal, believes that the real impact of the COVID-19 pandemic is about to reach the financial markets. By outlining several upcoming cornerstones among traditional financial assets, he highlighted Bitcoin as the “life raft” in this situation. Raoul Pal: Everything Has Changed In a recent Twitter...Read More
Despite having a complicated past, it seems that JP Morgan’s love for Bitcoin is growing every day thanks to its potential as an investment and store of value. In a recent report, the American bank shared with its investors an analysis of Bitcoin’s current situation and possible future scenarios regarding prices and fundamental value. The...Read More
In times of pandemic, uncertainty, and risk, exposure to new of investments is more a necessity rather than a recommendation. According to Fidelity, one of the largest brokers in the U.S., Bitcoin is an excellent investment for those considering to exit banks and enter the markets. In October 2020, Fidelity Digital Assets, a branch of...Read More
Crypto traders are excited, especially after Bitcoin’s price boost following Square’s millionaire investment in the world’s first cryptocurrency. Bitcoin managed to survive a bearish September above 10K, maintaining its long-term bullish trend. Since the market crash in March, Bitcoin hasn’t lost its momentum, and after an initial recovery – driven in part by the need...Read More
Plenty of speculations are already out there regarding the new all-time high that Bitcoin might hit throughout its new bullish cycle. One of them is particularly positive, using the historical performance of BTC during the last major bull run as a reference. Bitcoin to $400K in Next Bull Run According to a popular industry expert...Read More
According to a recent poll by the creator of the popular Bitcoin stock-to-flow model, the majority of participants believe that BTC’s price will either hit $55,000 or stay below it by the end of 2021. Backstory: Bitcoin Stock-To-Flow Model(s) A cryptocurrency analyst going by the Twitter handle PlanB revealed the first version of the BTC...Read More
Filb Filb is arguably one of the most reputable Bitcoin traders in the field. His attention to detail is obvious, and he’s known for his precision and accuracy when charting cryptocurrencies for his audience. He’s got a following of almost 50,000 people on Twitter, while his Telegram trading journal has more than 14,000 users in...Read More
ARK Investment Management LLC thinks that bitcoin is an asset with one of the most attractive risk-reward profiles. In a recent analysis, the New-York based investment advisory firm made a pretty optimistic call regarding BTC’s growth. Bitcoin’s network valuation could balloon to $1 – 5 trillion in the next 5-10 years. From $200 Billion Today...Read More
Gold, oil, and even the US dollar, which have served as a reliable store of value for years, could soon lose that status, according to the Winklevoss twins. According to them, Bitcoin is the value to substitute and when this comes, it could facilitate a surge in its price to $500,000 and beyond. The Major...Read More
Although history is not a precise indicator for future price developments, a popular cryptocurrency analyst made a compelling forecast showing that if Bitcoin repeats its 2016-2017 bull run with the same percentage increases, it will end up at $430,000 in 2021. Bitcoin At $430,000? The primary cryptocurrency has built a reputation for beating unfavorable odds...Read More
Both Bitcoin and gold have surged as the US Congress is debating over the further stimulus program to support the economy amid the pandemic. Nevertheless, a major investment bank is recommending the cryptocurrency over the metal. Oppenheimer Analyst Says Now Is the Right Time to Invest in Bitcoin On Tuesday, Bitcoin touched the highest level...Read More
Popular cryptocurrency YouTube content creator DataDash believes that Bitcoin has entered a long-term bull cycle. He based his opinion on several factors, including the famous stock-to-flow model, the increasing hodling mentality from investors, and the issuance of new coins. Weekly And Monthly Bullish Patterns According to Nicholas Merten, the person behind the popular DataDash YouTube...Read More
An anonymous Bitcoin prediction initially published on 4chan made the headlines for being accurate with the first two out of six price targets. Even though it failed with the next two targets and disappointed believers, the crypto community is still electrified by bullish predictions for 2020. An Anonymous Prediction Almost Did It Technical analysis and...Read More
Popular cryptocurrency YouTuber recently posted a chart illustrating that if Bitcoin repeats its previous significant bull run from 2017, its price could exceed $300,000 by the end of 2021. Interestingly, this highly optimistic prediction corresponds with the well-known BTC stock-to-flow model. BTC To Over $300,000? Bitcoin price predictions are among the most commonly discussed threads...Read More
Co-Founder and CEO of Blockstream Adam Back believes that Bitcoin could reach $300,000 in five years due to the current economic situation worldwide. In an interview, he also refuted the recent claims that he is the mysterious person behind BTC – Satoshi Nakamoto. Bitcoin To $300,000 By 2025? In his recent interview with Bloomberg, the...Read More
Cryptocurrency analyst and creator of Bitcoin’s stock-to-flow model, PlanB, recently noted that an indicator that historically precedes bullish momentum according to his model has now flashed. Per his initial prediction, the asset is targeting a total market cap of $1 trillion in the next few years. Bitcoin’s S2F Model The stock-to-flow model became an instant...Read More
If you were into Bitcoin and crypto for at least five years, the name Chris Dunn would probably sound familiar to you. The 35 years old Texas boy was one of the first crypto YouTubers. As of writing these lines, his popular channel has more than 200,000 subscribers since its first uploaded video, somewhere in...Read More
Popular cryptocurrency analyst believes that Bitcoin’s price is heading towards $7,200 based on an inverse Head and Shoulders pattern. Interestingly, if BTC is indeed trading within the inverse H&S, the breakout could hand Bitcoin a target of $16,000. BTC: $7,200 Followed By $16,000? The inverse head and shoulders technical pattern is identified when the price...Read More
Despite his short-term adverse views of Bitcoin’s price, Ross Ulbricht remains bullish in the long-term. In a recent post from the prison, he reiterated his last $1,200 price prediction, saying that this could be simply the start of a vast upwards movement, which could lead to $333m per one BTC. Bitcoin To $333 Million? As...Read More
Popular cryptocurrency commentator Tone Vays believes that Bitcoin has already reached its yearly bottom when it hit $3,700. He continued his positive prediction noting that BTC might not even dip below $6,000. Tone Vays: Bitcoin Already Bottomed The egregious circumstances caused by the COVID-19 pandemic led to extremely high levels of volatility in all financial...Read More
Bitcoin’s price might reach $350,000 in the years to come, according to a recent report compiled by the popular U.S. cryptocurrency exchange, Kraken. It indicated that Millennials will soon inherit trillions of dollars, which the younger generation could invest in Bitcoin, as they are more tech-oriented. The Great Wealth Transfer The paper estimated that more...Read More
Quick recap: for the past few weeks, Bitcoin had been following the crashing global markets. While the S&P 500 and Nasdaq lost more than 30% over the past month, Bitcoin followed them but with a little bit of leverage. The primary cryptocurrency is now trading at a 50% discount from the highs of mid-February, when...Read More
YouTube becomes an important video-sharing platform for the cryptocurrency community by the day. More and more people are starting to produce quality content, covering the field in its numerous aspects. If you’ve been following Bitcoin-related videos on YouTube, there’s a high chance that you’ve heard and stumbled upon MMCrypto’s channel. It’s among the fastest-growing channels...Read More
When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell. We need a healthy pull back. Too much hype about #bitcoin halving and...Read More
American entrepreneur and controversial crypto figure John McAfee, who boldly predicted that Bitcoin would be valued at $1 million by the end of 2020, has openly lashed out on the leading cryptocurrency, referring to it as an ancient technology due to several limitations. This comes as a blow, considering that he was one of the...Read More
