Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader

2019-7-9 13:14

  The bitcoin price is at risk of a swift and painful reversal after its parabolic move to $13,868. That’s according to veteran trader Peter Brandt. Brandt says the worst-case scenario is an 80 percent retracement from the 2019 high, implying a fall below $3,000.

This bearish scenario would come into play if bitcoin breaks […]

The post Bitcoin Price Could Crash Below $3,000 in Brutal Worst-Case Scenario, Warns Trader appeared first on CCN Markets

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Источник: ccn.com

bitcoin scenario → Результатов: 108


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2019-6-7 14:30


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Op Ed: Debunking Bitcoin Myths: ‘It’s a Ponzi Scheme’

The accusation that bitcoin is nothing more than a Ponzi scheme is perhaps the oldest, longest-standing criticism of the digital bearer asset. The basic idea is that there is nothing of value here and the entire purpose of bitcoin’s existence is to enrich Satoshi Nakamoto and the speculators who bought in for a few pennies or dollars in the early days by tricking others into buying in at a higher price.

2019-6-4 19:03


Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling

Due to the independence of the virtual asset class, the cryptocurrency industry has often faced criticism in the past, failing to achieve general validation from economic institutions. The scenario has changed over time however, as Bitcoin [BTC] and other crypto assets have started to be accepted across the United States and the world, despite governments […] The post Bitcoin’s [BTC] relationship with the US government is still very ‘unclear,’ claims Ikigai’s Travis Kling appeared first on AMBCrypto.

2019-5-29 17:30


Bitcoin [BTC] looks really good when you align it next to gold, says Ikigai CIO Travis Kling

The digital asset world has been rocked by several scams and negative news over its lifetime. However, the current bullish scenario seems to have provided a reprieve from it. This was a topic discussed in the latest WhatBitcoinDidPodcast hosted by Peter McCormack, where he spoke to Travis Kling, Founder and Chief Investment Officer of Ikigai […] The post Bitcoin [BTC] looks really good when you align it next to gold, says Ikigai CIO Travis Kling appeared first on AMBCrypto.

2019-5-29 01:30


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The Rationale Behind Burniske’s Trillion-Dollar Bitcoin Scenario

The founder of a blockchain venture capital firm has predicted that Bitcoin’s total value could well exceed a trillion dollars by the end of 2021 – just over two years away. Chris Burniske of Placeholder told an audience at Ethereal Summit that he expected a significantly stronger surge in the crypto markets in the coming […] The post The Rationale Behind Burniske’s Trillion-Dollar Bitcoin Scenario appeared first on Crypto Briefing.

2019-5-11 18:35


Net Positive or Negative for Bitcoin in Hamas Scenario as PayPal Denies Service to Palestinian Areas

Over the last few years, there has been a lot of attention given to the decision that PayPal made to avoid operation in some Palestinian areas. PayPal has provided a statement regarding the situation, saying that they “appreciate the interest,” though it doesn’t appear that they intend to make any collaborations soon. In a report […]

2019-3-11 14:44


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In the last week, Bitcoin has shown much resilience bouncing back above the $60,000 zone after a significant decline to below the $57,000 price zone. As Bitcoin bulls gather momentum to possibly initiate the crypto bull run, top analyst and market expert Peter Brandt has backed BTC to attain a particular six-figure digit value by 2025.