Bitcoin Surpasses $8,250 as Leading Crypto Investors Believe BTC Bull Run Imminent

2018-7-24 21:20

July 24, 2018, bitcoin has surpassed what seems like the first resistance level of USD$8000. Its all-time high for the day supposedly reached approximately USD$8,3000. At the time of writing this piece, the giant sits a little under USD$8,190.

The substantial growth has been associated with an increase in its trading volume, which CCN has pointed out to have doubled from a measly USD$3 billion to $6.8 billion. Since this was revealed, many crypto experts and fanatics were quick to comment on their social media platforms.

For instance, the Shapeshift CEO, Erik Voorhees tweeted out, “Welcome back $8000:)”, while the CEO of Binance, Changpeng Zhao asked, “are you on the bus”.

Similarly, earlier today, Bitcoin Exchange Guide recently revealed a piece in which CEO of BKCM, Brian Kelly discussed bitcoin’s current and future stances during CNBC’s “Fast Money” segment. He explicitly said that institutional investors are reconsidering cryptocurrencies, as they’ve noticed that the market is neither a fad nor temporary. He also added that such individuals and firms are “serious about bitcoin” and are looking to understand it in complete.

A shared belief is that a possible bitcoin ETF was requested to the US SEC, which is still pending for approval. The crypto exchange that filed for the proposition has been revealed as the “Chicago Board Options Exchange (Cboe),” as per CCN. Many believe that the exchange will efficaciously land the confirmation from the SEC, as the firm has been previously known to conduct all its business by complying by regulation.

Brian Kelly, who spoke at Fast Money, does not seem to believe that an ETF is possible for 2018, and a similar view has been voiced by Adrian Lai, Managing Director at Blackhorse Group, who called it “too optimistic”, but has been astonished by the reaction based off of just “this speculation”.

For the most part, it appears that the Bitcoin’s value and trading volume will only be determined once it has been confirmed that a bitcoin ETF has been approved. How much of a difference do you think this will bring to the market? If it gets rejected, will bitcoin’s value drop again?

Similar to Notcoin - Blum - Airdrops In 2024

origin »

CK USD (CKUSD) на Currencies.ru

$ 0.2153 (+0.52%)
Объем 24H $0
Изменеия 24h: 0.67 %, 7d: -2.33 %
Cегодня L: $0.2128 - H: $0.2153
Капитализация $0 Rank 3492
Цена в час новости $ 0.992437 (-78.31%)

usd bitcoin writing giant piece ccn time

usd bitcoin → Результатов: 126


Анализ цен Bitcoin, Ethereum, XRP на 21.01.2022

Резкое падение рынка в завершении вчерашнего дня привело к снижению цены Bitcoin в область пятимесячного минимума. BTC/USD Вчера утром покупатели, воспользовавшись поддержкой линии POC (41700. 93 USD), смогли восстановить цену биткоина выше 50% фибо (42447.

2022-1-21 10:51


Анализ цен Bitcoin, Ethereum, XRP на 07.10.2021

Цена Bitcoin бьёт рекорды четырёхмесячных максимумов и прорывается к отметке 55800. 00 USD. Смогут ли быки вернуть цену в зону майского максимума? BTC/USD Вчера во второй половине дня покупатели сформировали мощный бычий импульс, и цена биткоина пробила оранжевое сопротивление на уровне 53400.

2021-10-7 09:23


BTC / USD Price Analysis: Bitcoin On The Run

Bitcoin has a bullish short-term outlook, with the BTC / USD pair now trading at its highest level since September 2018 The BTC / USD pair has found strong technical resistance from the $7,300 level A large inverted head and shoulders pattern has now formed on the daily time frame Bitcoin / USD Short-term price […] The post BTC / USD Price Analysis: Bitcoin On The Run appeared first on Crypto Briefing.

2019-5-13 16:44


Обзор курсов ТОП-10 криптовалют к USD — 14 июня 2018

На утро четверга ситуация на криптовалютном рынке, в ТОП-10 выглядит следующим образом Сообщение Обзор курсов ТОП-10 криптовалют к USD — 14 июня 2018 появились сначала на Freedman.club News: Все новости о Bitcoin, Криптовалютах, Blockchain, ICO.

2018-6-14 06:42


Обзор топовых криптовалют 12.06.2018.

Bitcoin BTC/USD Несколько дней назад цена биткойна довольно существенно просела (- $1000), что, конечно же, потянуло вниз за собой и весь остальной рынок. Сейчас рассматриваю 2 основных варианта: коррекция к $7 070 — $7 330 (61,8% и 38,2% фибо) – писал про.

2018-6-12 15:57