By CCN Markets: The Dow erupted higher on Thursday, surging more than 275 points after Beijing – not President Trump – flinched ahead of a crucial trade war tariff deadline. However, famed investor Michael Burry – who was played by Christian Bale in The Big Short – warns that a bubble is forming in a […]
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The Dow Jones Industrial Average is set to open 250 points on Thursday after China and the US scheduled new trade talks for October. But don't be fooled, the inflated stock market is a bubble, according to Michael Burry.
A research analyst at UBS says Bitcoin has bottomed out but may take more than two decades to reach its mid-December 2017 all-time high (ATH) of $19,700. Bitcoin Price Has Bottomed Out Kevin Dennean, a UBS analyst says that Bitcoin has bottomed out, having gone through its bubble phase.
Bitcoin (BTC) held its ground when the stock market plunged deep into the red yesterday. Both the S&P 500 and Dow Jones Industrial Average registered significant drops. However, Bitcoin (BTC) remained unaffected by it.
There is a new generation of cryptocurrency-based derivatives being launched in 2019 which could significantly increase overall trading flow and attract a new breed of investors. Derivatives are not without their controversies however.