2020-8-5 19:09 |
Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued.
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Bloomberg's Mike McGlone unveils alarming price prediction, says decline may continue
2023-6-3 18:49 | |
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Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded. ” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775.
2020-7-31 07:30 | |
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Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate.
2020-7-30 14:00 | |
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Bloomberg is optimistic about Bitcoin price advancing beyond $12,000 in the near future on the strength of on-chain and off-chain indicators.
2020-7-27 21:01 | |
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Bitcoin is becoming more like gold in the macroeconomic sense and will continue outperforming its peers, Bloomberg said in its latest cryptocurrency report sent to subscribers. The Bloomberg Crypto Outlook July 2020 Edition reported the current low volatility in Bitcoin and how it would fare in the broader market that included gold, and stocks. The […]
2020-7-6 12:32 | |
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Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence thinks Bitcoin is headed on a bull run towards $13K. But possibly, more importantly, he mentioned the declining volatility of the digital asset and referenced the maturation of BTC.
2020-7-2 09:20 | |
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Главный стратег по сырьевым товарам Bloomberg Intelligence Майк Макглоун ожидает скорого рывка цены первой криптовалюты к уровню сопротивления на $13 000. #Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance —The more disdain from bulls should be for the better, keeping the price tilted upward for the consolidating crypto.
2020-6-27 18:53 | |
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Главный стратег по сырьевым товарам Bloomberg Intelligence Майк Макглоун ожидает скорого рывка цены первой криптовалюты к уровню сопротивления на $13 000. #Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance -- The more disdain from bulls should be for the better, keeping the price tilted upward for the consolidating crypto.
2020-6-26 17:52 | |
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Bitcoin is staging a ?caged bull set for a breakout,? according to Bloomberg?s senior commodity strategist Mike McGlone
2020-6-26 17:16 | |
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Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold.
2020-6-26 16:00 | |
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A key on-chain metric that Bloomberg bets on, points to a Bitcoin bull run with possible 50% price appreciation.
2020-6-13 18:30 | |
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Bloomberg's indicator shows that the Bitcoin price is on track for a correction after posting stellar gains
2020-6-9 22:09 | |
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According to Bloomberg analysts, the price of Bitcoin will increase this year as it has experienced the lowest relative volatility. The price appreciation is firming on a stand-alone basis compared to the broader crypto market.
2020-6-6 16:57 | |
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Bitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders.
2020-6-4 04:00 | |
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Bitcoin miners might be busy selling more bitcoin than they are creating post halving but Adam Back, the chief executive officer of Blockstream Corp. , is not. “I don’t sell (Bitcoin),” he told Bloomberg in a recent interview.
2020-6-3 19:00 | |
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Bloomberg Intelligence?s Mike McGlone calls Bitcoin ?digital gold? while predicting its price appreciation
2020-6-3 18:28 | |
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The Bitcoin (BTC) price could gain footing above $10,000, according to Bloomberg?s Mike McGlone
2020-5-21 17:21 | |
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Bitcoin’s recent rally to $10,000 has renewed investor’s interest in the market, also drawing the attention of prominent traditional analysts and investors One prominent commodity strategist at Bloomberg explained that he believes BTC and gold are the two assets most-likely appreciate throughout 2020 This comes as the cryptocurrency’s technical outlook begins growing incredibly bright Bitcoin has seen some incredibly bullish price action in the time following its rebound from mid-March lows of $3,800. It’s subsequent […]
2020-5-10 22:00 | |
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Bitcoin (BTC) staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone. In a new bitcoin report published on May 5, McGlone said that sustaining above this level is necessary to indicate strength.
2020-5-7 20:33 | |
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It?s been a highly tumultuous year for Bitcoin (BTC), but it?s proving to be a store of value after recent stability, according to Bloomberg analyst Mike McGlone
2020-4-27 17:15 | |
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The Bitcoin (BTC) indicator that called the 2020 price rally signals another rally
2020-3-30 20:47 | |
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According to a Bloomberg report published on March 13, 2020, Bitcoin (BTC) miners the world over are facing a serious crunch in terms of their profit amid the ongoing slump in the price of the premier cryptocurrency fuelled by fears over COVID-19.
2020-3-14 16:00 | |
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Over the past few days, Bitcoin has started to trend higher; since hitting $8,400 last weekend, the price of the leading cryptocurrency rallied as high as $9,250 on Saturday morning. Although there are many optimists saying that this price action is a precursor to even greater gains — Bloomberg suggested that BTC could soon hit...
2020-3-8 05:00 | |
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There is an onslaught of bulls on Ethereum price which is up 114% in 2020 so far while trading at $281, a level last seen in early July last year. However, according to Bloomberg’s GTI Global Strength Indicator that measures upwards and downward moves of closing prices, the coin has been at its “most overbought” […]
2020-2-16 20:15 | |
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According to a Bloomberg report from Monday, it’s very likely the price of Bitcoin (BTC) will increase in 2020, as a result of a weak US dollar and global uncertainties. The predictions say BTC can reach its 2019’s top range of $14,000 if the geopolitical situation is still tensioned and the stock market continues to […]
2020-1-12 20:57 | |
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Bitcoin, like gold, is a limited asset that can't be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year.
2020-1-8 19:17 | |
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There is a good chance that Bitcoin's price action could be drastically different compared to its two previous post-halvening cycles, according this Bloomberg analyst
2019-12-30 17:29 | |
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Blockchain Capital Partner, Spencer Bogart, has been talking to Bloomberg about his predictions for Bitcoin in 2020. TL;DR – things will go vertical, and though he isn’t specifically referring to BTC price, that may well follow.
2019-12-25 22:09 | |
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As bitcoin price heads down, Bloomberg's Joe Weisenthal is out to destroy the cryptocurrency's most important bullish indicator. The post Bitcoin Stock-to-Flow Model is Complete Nonsense, Rips Bloomberg Editor appeared first on CCN.com
2019-12-25 13:52 | |
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There are plenty of metrics and models used to anticipate the future price of Bitcoin. A popular one is stock to flow ratio but one Bloomberg host has called it nonsense adding that coin supply has little effect on BTC prices.
2019-12-24 11:00 | |
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The Bitcoin price could surge above $10,000 in 2020 after taking a breather in late 2019, according to Bloomberg's strategist?Mike McGlone
2019-12-19 20:48 | |
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No, the Bitcoin price is not going to magically go through the roof on May 14, 2020, according to Bloomberg
2019-12-18 18:57 | |
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Despite forming a golden cross on its weekly chart, Bitcoin's price action looks rather gloomy with traders expecting a deeper correction
2019-12-10 19:57 | |
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Bloomberg published its Bitcoin forecast for 2020, in which it claims that BTC for $10K is just a matter of time. In the forecast it is also stated that Bitcoin will drop to $ 6,500 before rising: – Increasing adoption of Bitcoin, the digital quasi-currency with limited supply, tilts our price outlook on the first-born […]
2019-12-7 17:33 | |
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Bitcoin didn’t have the best second half of 2019, plunging from a year-to-date high of $14,000 in June to $7,400, where it sits as of the time of writing this. At its lows, the cryptocurrency fell as low as $6,600, languishing as BTC buyers failed to step in amid selling pressure seemingly catalyzed by Chinese.
2019-12-5 15:00 | |
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There have already been many news media outlets that have voiced their views of the issues concerning Tether, as big names like Bloomberg reported on the possibility that Tether has been used for price manipulation and stabilization of BTC.
2019-12-3 00:16 | |
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Shorting Bitcoin could be dangerous at this point as growing buying pressure is expected to push its price to $8,000
2019-11-30 21:58 | |
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Bitcoin's price (BTC/USD) is eyeing a return to $8,000 as a new buying trend emerges, according to Bloomberg News. The post Bitcoin Price Eyes $8,000 as Bloomberg Signals New Buying Trend appeared first on CCN.com
2019-11-29 20:33 | |
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If you asked someone in 2013 what the Bitcoin/cryptocurrency ecosystem would look like in 2019, they probably envisaged a future where they procure housing, food, and everything else with seamless cryptocurrency payments.
2019-11-8 00:00 | |
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Bitcoin’s surge from $7,300 to $10,600 woke up cryptocurrency bulls after a long slumber. And as normal, bulls have pushed extremely bullish price predictions, calling for BTC and its ilk to surge much higher by the end of the year.
2019-11-7 15:00 | |
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The Bitcoin price is poised for another drop, according to one widely tracked indicator
2019-11-6 20:52 | |
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Crypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has been criticized for failing to understand that mass inflows of tether (USDT) to the cryptoconomy are not indicative of a single source accounting for all […] The post Critics Savage Research Paper Alleging Lone Whale Caused Bitcoin’s 2017 Rally appeared first on Bitcoin News.
2019-11-5 04:00 | |
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In a funny tweet by Bloomberg journalist Tracy Alloway, the price of Bitcoin seems to oddly follow the price of avocados in Mexico. Sadly, the price of the fruit has plummeted this month. Could following the price of avocados be the secret to predicting Bitcoin’s future movements? Oddly enough, the price chart of both the […] The post Bitcoin is Once Again Following the Price of Avocados appeared first on BeInCrypto.
2019-10-25 00:16 | |
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The Bitcoin price could experience another drastic price drop once it forms a bearish death cross
2019-10-24 10:15 | |
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Jared Dillian claims the Bitcoin price could rise “significantly” if it achieves mainstream adoption
2019-10-3 17:10 | |
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Growing fears of a full-blown trade war with the U. S. has sent China on a gold-buying spree in a bid to increase its reserves of the yellow metal. According to Bloomberg, the world's second-largest economy increased its bullion holdings by 0.
2019-9-10 17:24 | |
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Bloomberg reports that as Chinese yuan is going down on charts, the Bitcoin price is rising as investors are hedging their risks against the RMB plunge
2019-9-7 14:18 | |
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Ethereum, Ripple’s XRP, and Litecoin could piggyback off Bitcoin’s next price rally
2019-8-29 21:15 | |
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According to an article published by Bloomberg on August 23, the reason why XRP price has been falling during 2019 could be due to a continuous sale of XRP by Ripple. In response, people have started an online petition on change.
2019-8-25 09:00 | |
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Cathie Wood, who is the CEO and chief investment officer of Ark Invest, made a prediction during an interview with Bloomberg, suggesting that Bitcoin will hit a price of $1 million by 2030.
Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U. S. presidential election, the value of the cryptocurrency has increased by at least 50 percent.
El Salvador, the first nation to adopt Bitcoin as legal tender, is reportedly negotiating changes to its Bitcoin policies in exchange for a $1. 3 billion loan from the International Monetary Fund (IMF).
Ray Dalio has highlighted the growing risks of global indebtedness, urging investors to pivot toward “hard money” assets like gold and Bitcoin rather than traditional debt instruments. Speaking at a financial conference in Abu Dhabi, Dalio expressed concerns about mounting…
Bitcoin (BTC) shattered the $100,000 price milestone yesterday, reaching as high as $104,088 on Binance crypto exchange. This historic price action has prompted analysts at the trading firm Bernstein to assert that Bitcoin is well-positioned to replace gold within the next decade.
Founder and CEO of ARK Investment Management, Cathie Wood believes Bitcoin is ‘bigger’ than gold, predicting BTC’s $2 trillion market cap could one day surpass gold’s $15 trillion over time.
Bitcoin has often been referred to as the “digital gold,” as it has proven to be a unique asset class and, more importantly, a reliable store of value over the years. While gold surely outpaces BTC in age, both assets are commonly used by investors as a hedge against economic instability and inflation. Interestingly, there […]