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Bloomberg’s $20K Bitcoin Prediction May Come True Due to “TINA” Effect
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. дальше »
2020-7-30 14:00 | |
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Bloomberg: A Key Metric Suggests Bitcoin Price Above $12k
Bloomberg is optimistic about Bitcoin price advancing beyond $12,000 in the near future on the strength of on-chain and off-chain indicators. дальше »
2020-7-27 21:01 | |
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“A Resting Bitcoin Bull,” Bloomberg Outlook Reveals Likely Mid-Year BTC Price Range
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 […] дальше »
2020-7-6 12:32 | |
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Bitcoin Price Stalls At $9.2k, But Bulls Are Still Eying Gigantic Move Towards $13,000
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. дальше »
2020-7-2 09:20 | |
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Аналитик Bloomberg Майк Макглоун: Биткоин готов подняться до $13 000
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. дальше »
2020-6-27 18:53 | |
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Аналитик Bloomberg: биткоин созрел для прорыва к $13 000
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. дальше »
2020-6-26 17:52 | |
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Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
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. дальше »
2020-6-26 16:00 | |
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Bloomberg Analysts Reveal Why Bitcoin Is Likely to Retest Highs of $20k This Year
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. дальше »
2020-6-6 16:57 | |
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Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020
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. дальше »
2020-6-4 04:00 | |
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Blockstream CEO Doesn’t Sell Any Bitcoin Mined on Anticipation of 3,000% Price Increase
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. дальше »
2020-6-3 19:00 | |
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Top Commodity Strategist Claims Bitcoin Most Likely Asset to Rally in 2020; Here’s Why
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 […] дальше »
2020-5-10 22:00 | |
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Bitcoin Pulls Away From Stock Market as Price Staying Above $8,000 Signals Strength – Bloomberg Analyst
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. дальше »
2020-5-7 20:33 | |
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Coronavirus, Upcoming Bitcoin Halving Spell Doom for BTC Miners
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. дальше »
2020-3-14 16:00 | |
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This Eerie Fractal Shows the Bitcoin Price Has Further To Fall From $9,000
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... дальше »
2020-3-8 05:00 | |
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Ethereum Technical Indicator Flashes Warning Signal But Active Addresses Jump Nearly 27%
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” […] дальше »
2020-2-16 20:15 | |
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Global Uncertainties and a Weak US Dollar to Raise the Price of Bitcoin in 2020
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 […] дальше »
2020-1-12 20:57 | |
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Bitcoin Price Will Be Golden in 2020 Thanks to Limited Supply, Increasing Use: Bloomberg Report
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. дальше »
2020-1-8 19:17 | |
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Bitcoin Will Go Vertical In 2020, Spencer Bogart Says
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. дальше »
2019-12-25 22:09 | |
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Bitcoin Stock-to-Flow Model is Complete Nonsense, Rips Bloomberg Editor
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 дальше »
2019-12-25 13:52 | |
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Bloomberg Host Bashes Bitcoin Stock to Flow Price Prediction Model
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. дальше »
2019-12-24 11:00 | |
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Is Bitcoin Price Rally Running Out of Gas? May be
Mike McGlone believes Bitcoin’s current volatility is unsustainable and as it tapers off BTC price will enter an extended period of consolidation. Bitcoin Price will Drop as Volatility Dries Up Earlier this week Bloomberg Intelligence senior commodity strategist Mike McGlone cast doubt on the widely held belief that Bitcoin is destined to the moon to a new all-time high before the 2020 halving event. дальше »
2019-8-8 21:35 | |
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Whales Control 80% of Global Tether Supply
Whales reportedly own about 80% of the total Tether (USDT) supply sparking fears of bitcoin (BTC) price manipulation. Tether Whale Supremacy According to a report by Coin Metrics, 318 addresses own 80% of the current total supply of the Tether stablecoin. дальше »
2019-8-8 15:00 | |
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Bitcoin Volatility too High to Sustain Growth for New All-time High
Volatility has been a major issue with Bitcoin and has been a major weak point exploited by its critics to say it is no good. Even though the number one cryptocurrency has made significant progress in 2019, at a point rising to about 4 times its December 2018 price, senior commodity strategist at Bloomberg Intelligence […] The post Bitcoin Volatility too High to Sustain Growth for New All-time High appeared first on ZyCrypto. дальше »
2019-8-8 12:58 | |
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Bitcoin Price Correlation With Gold Nearly Doubled in Past 3 Months
The correlation between Bitcoin and physical gold has almost doubled in the past three months, fresh data from Bloomberg reveals
дальше »2019-8-8 14:27 | |
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Bloomberg Editor: “Bitcoin ‘Halving’ is Completely Irrelevant As A Price Driver”, CT Reacts
There are less than 290 days left in the block reward halving that is scheduled for 18 May 2020. Bitcoin halving is the most anticipated and purportedly bullish event that affects the supply flow of the leading cryptocurrency. дальше »
2019-8-4 23:00 | |
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Bitcoin Price Will Reach $20,000 Before the Year Ends, Believes Mike Novogratz
Coinspeaker Bitcoin Price Will Reach $20,000 Before the Year Ends, Believes Mike NovogratzBillionaire Bitcoin bull, Mike Novogratz, has predicted that Bitcoin price will hit $20,00 before the year ends. дальше »
2019-7-26 16:00 | |
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Bitcoin’s next buy-in opportunity could be in the $8000-$8500 zone
Bitcoin’s price has no doubt been the talk of the town, with several analysts and proponents predicting the next minor dip in price so that the community can buy-in. The interest in the king coin’s price movement was again kindled when John Kolovos, a financial analyst, stated on Bloomberg that the next buy-in opportunity might […] The post Bitcoin’s next buy-in opportunity could be in the $8000-$8500 zone appeared first on AMBCrypto. дальше »
2019-7-20 19:30 | |
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Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500
Crypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk Advisors chief technical analyst John Kolovos spoke with Bloomberg TV about Bitcoin price action and the recent Congressional and Senate hearings over Facebook’s Libra cryptocurrency. дальше »
2019-7-20 09:37 | |
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2018’s Sharp Rise in Blockchain Venture Capital Declines 60% In 2019; Bitcoin Is The Smarter Bet
When the price of bitcoin and other cryptocurrencies fell sharply from their late-2017 peaks last year, venture capitalists and other investors switched their attention to the promise of their underlying technology, the ledger known as blockchain. дальше »
2019-7-19 23:50 | |
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Binance CEO: Retail Investors, Not Institutions, Are Leading the Bull Market
Contrary to popular belief, retail investors are still playing a major role in directing Bitcoin’s price action, says Binance CEO in a recent interview with Bloomberg. Who’s Really in Charge? As Bitcoin briefly touched $20,000 in early 2018, market analysts forecasted that the impending arrival of Bitcoin futures products, a Bitcoin exchange-traded fund (ETF), and the infusion of institutional funding would drive Bitcoin towards $30,000 and possibly $50,000. дальше »
2019-7-14 00:16 | |
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Forget FUD, Day Trades; Go Long On Your Bitcoin Investment
Cryptocurrency skeptics who only focus on Bitcoin’s immediate price action are failing to see the forest for the trees. In a recently published op-ed, Bloomberg contributor Leonid Bershidsky advised investors to ignore Bitcoin’s quick ascension to $5,000 as the move was nothing more than a “blip” driven by manipulation. дальше »
2019-7-8 03:00 | |
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Novogratz: Bitcoin price will reach beyond $40,000 when investment banks move into crypto
Mike Novogratz, the legendary investor and founder of Galaxy Digital, believes Bitcoin will see its price “increase significantly” in the next couple of years. In an interview with Bloomberg Technology, Novogratz said that investment banks will be the next big players to enter the space and push BTC’s price beyond $40,000. дальше »
2019-7-4 07:50 | |
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Bitcoin’s Recent Volatility May Influence Regulators to Shut Down ETF Proposal
With price the price of bitcoin (BTC) going as high as $13,900 before crashing to $9,900 within the span of a few days, Jeff Dorman, the CIO of Arca, believes the case for a Bitcoin ETF has become much weaker as regulators watch the massive price swings, reported by Bloomberg, July 2, 2019. дальше »
2019-7-4 23:00 | |
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Bitcoin Has Every Reason to Moonshot Above $40,000, Says Billionaire Investor
The price of bitcoin could touch the $40,000 level by 2020, according to billionaire investor Michael Novogratz. The founder of US-based Galaxy Investments Partners said in a phone interview with Bloomberg that he sees bitcoin breaching above its 2017 peak of $20,000 in the near-future. дальше »
2019-7-3 14:28 | |
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Why Bitcoin prices tend to move aggressively on weekends
Recent Bloomberg data revealed that spikes in weekend trading activity since May accounted for 40 percent of Bitcoin’s price gains this entire year. With crypto exchanges operating 24/7, and short term traders using Saturdays and Sundays to get ahead of the competition, weekends have become a Wild West for the crypto market. дальше »
2019-7-3 01:08 | |
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Bitcoin’s Price Tends to Swing on Weekends: Here are Some of the Reasons Why
While Saturday nights are eagerly awaited by many as a much-needed break from the workweek, but it is apparently emerging as the most crucial time for Bitcoin traders to buy and sell the most popular cryptocurrency. дальше »
2019-6-30 00:46 | |
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