JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving

2024-4-19 14:46

JPMorgan stands by a bearish Bitcoin forecast post-halving, with a target of $42,000 due to high production costs and market overvaluation. The post JPMorgan doubles down on $42,000 Bitcoin price forecast post-halving appeared first on Crypto Briefing.

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bitcoin forecast jpmorgan post-halving doubles price down

Источник: cryptobriefing.com

bitcoin forecast → Результатов: 126


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Tim Draper: ‘I Didn’t Anticipate’ Harsh Gov’t Response To Cryptocurrency

Billionaire entrepreneur and cryptocurrency advocate Tim Draper has stuck by his Bitcoin price forecast of $250,000 by 2022 while voicing concerns over hard-handed regulation worldwide. $250,000 Bitcoin Prediction Remains In an interview with Forbes September 25 together with son Adam, Draper, who has remained well known after buying 40,000 BTC in 2014 and becoming the major force behind Tezos, originally made his sky-high price prediction in April.

2018-9-27 21:30


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2018-9-23 17:43


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Odds of Bitcoin Price Hitting $3K ‘Getting Less Favorable,’ Says Trace Mayer

Bitcoin price could continue dropping for up to another nine months and hit $3000, cryptocurrency investor and media personality Trace Mayer forecast September 16. Bitcoin $3k Chances ‘Less Probable’ In a tweet linking to his so-called ‘Mayer Multiple’ price analysis tool, the entrepreneur said that while a $3000 price tag for Bitcoin would be “hopeful,” the odds of it happening were now decreasing.

2018-9-17 19:00


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CNBC ‘Reverse Bitcoin Price Indicator’ Hits Bullseye Again

Less than a week after CNBC forecast an $8000 Bitcoin price, the largest cryptocurrency tumbled close to $6000, leading to ridicule from commentators. ‘$8K Could Be Next’ In another instance of the network proving itself as a so-called ‘reverse price indicator,’ its predictions for BTC/USD completely contrasted with short-term reality, the pair going on to lose almost 13 percent in less than 24 hours.

2018-9-6 15:00


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Bitcoin Cash Will Cost 0.3% Of Bitcoin, Ripple to $0.01 By 2023: Forecast

Ripple (XRP) will be worth just 1 US cent within five years and Bitcoin Cash (BCH) will fade, a damning new report from ICO advisory firm Satis Group predicts August 30. Satis: Ripple ‘Misleadingly Marketed’ Forecasting the future trajectory for the cryptocurrency industry, Satis drew a sharp distinction between assets that “apply unique value propositions within deep and viral markets” and copycat tokens.

2018-8-31 13:00


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Bitcoin ETFs Will ‘Remain Rejected’ Despite SEC Review, Says Analyst

Bitcoin exchange-traded funds will “remain rejected” despite US regulators ordering a review into why it rejected one of them, a market analyst forecast August 27. 9 ETFs ‘Will Remain Rejected’ In weekly comments on cryptocurrency and traditional markets, Mati Greenspan, CEO of UK-based hybrid trading platform eToro, described the decision to look into the US Securities and Exchange Commission’s (SEC) rejection of the Winklevoss ETF “largely a procedural protest.

2018-8-28 22:00


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Bitcoin at $60K Matter of ‘When,’ Not ‘If’ — Says Bobby Lee

As China beefs up its cryptocurrency ban and US regulators reject more Bitcoin ETFs, famous faces are reaffirming their beliefs that Bitcoin prices could still hit up to $60,000 by 2020. ‘More Stability, Liquidity And Faster Adoption’ In the face of several regulatory setbacks for Bitcoin this week, BTCC co-founder Bobby Lee and Fundstrat Global Advisors’ Tom Lee both went on record in recent days to forecast a turnaround in the fortunes of the largest Read More The post Bitcoin at $60K Matter of ‘When,’ Not ‘If’ — Says Bobby Lee appeared first on Bitcoinist.com.

2018-8-25 19:00


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies.

2018-8-25 00:42


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Global Automotive Blockchain Market to Register Explosive Growth: BIS Report

A new research report by BIS Research is increasing the hopes of people in the blockchain industry. The report, titled “Strategic Assessment of Blockchain in Automotive, Focus on Influencing Factors, Industry Trends, and Applications — Analysis and Forecast, 2018–2026,” highlights that the global market for automotive blockchains will register a compound annual growth rate (CAGR) of […] Global Automotive Blockchain Market to Register Explosive Growth: BIS Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-25 17:09


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Paul Krugman Admits Bitcoin Has More Utility Than ‘Dead’ Gold

US economist Paul Krugman appeared to soften his stance on Bitcoin last week in a surprise twist, saying he believes the cryptocurrency “has more utility than gold. ” Krugman: Bitcoin ‘Has Some Chance To Be Valuable’ Speaking at the ChainXChange conference in Las Vegas, which ran August 13 – 15, Krugman, who had previously made a name for himself as a Bitcoin skeptic, even forecast a future in which Bitcoin has “value” as an entity.

2018-8-21 01:00


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Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020

Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD ‘bottoming’ at $3000 just before the event.

2018-8-18 19:00


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