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Bitcoin’s Correlation to Traditional Markets Could be Problematic, Analyst

Author and financial analyst, Timothy Peterson, believes that Bitcoin’s growing correlation to Japan’s MSCI could end badly if traditional markets sharply correct. Bitcoin Correlation in Japan’s Markets Timothy Peterson, the author of Metcalfe’s Law as a Model for Bitcoin’s Value, recently tweeted a chart comparing the MSCI Japan in USD to Bitcoin in JPY from July 2014 until July 2019. дальше »

2019-7-16 22:00


Despite Recent Pullback, Traders still Expect Bitcoin To Hit $16K Before The End Of July

On July 10, 2019, TradingShot, stocks and crypto trading platform via a chart analysis on TradingView explained how bitcoin will surge to $16,000 this month. The prediction is based on the fact that since late April, bitcoin’s price has maintained the same pattern with three phases which has gotten it to where it is today. дальше »

2019-7-15 19:08