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NY Investment Firm, AllianceBernstein Says Investor Portfolios Should Hold 1% to 10% BTC

One of the top New York investment firms, AllianceBernstein, is finally switching its calls on Bitcoin, stating investors need to own about 1% to 10% of the crypto in their portfolios. The multi-billion investment firm had previously cautioned investors from the top crypto due to BTC's volatility and regulatory risks. дальше »

2020-12-2 22:46


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Bitcoin Will See a “Significant Retracement” If It Falls Under $8,600: Here’s Why

Analysts expect Bitcoin to see a “significant retracement” if the cryptocurrency falls below the crucial $8,600 support in the coming few days. Related Reading: The Ethereum Investment Case Has This Unexpected Achilles’ Heel Bitcoin Must Hold the Mid-$8,000s, Analysts Explain Bitcoin moving under $8,600 will spell disaster for the bull case, a top trader has shared. дальше »

2020-6-17 15:00


Ex-Hedge Fund Manager to Investors: Hold Out for Cannabis Stocks, Instead of Bitcoin ‘Speculation’

Whitney Tilson joined the PreMarket Prep morning show. Siding with previous comments of Warren Buffett, Tilson finds Bitcoin to be a much more dangerous investment than cannabis stocks. Whitney Tilson used to be a hedge fund manager before joining the PreMarket Prep morning show this Monday. At this point, Tilson has gained a lot of […] дальше »

2019-6-13 18:07


CNN Business: Bitcoin’s Up 60% YTD, Says It’s The New Buy And Hold Asset; Real Praise or Panic Time?

It is not frequently that you will a major media outlet affirming that you should buy Bitcoin (BTC), but it seems that it has happened. CNN Business has recently affirmed that Bitcoin is the newest buy and hold investment of the moment and that its prices have surged almost 60% after lost 75% of their […] дальше »

2019-5-8 01:53


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


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Bitcoin Price Analysis: Slow Grind Could Lead to Short Squeeze

Last Friday, we discussed a macro resistance level bitcoin would likely test. The level was tested three times prior and immediately rejected. Now, for the fourth time, we find ourselves situated above the level as we wait to see if our support holds:Figure 1: BTC-USD, Daily Candles, Fourth Test of Macro ResistanceThe first three attempts to hold support above the black, broken resistance have been stifled with relatively high amounts of volume. дальше »

2019-3-19 01:17