Can Bitcoin Surpass $70,000 In The Next 6 Months? Analyst Provides Answers
The recent surge in Bitcoin’s price over the weekend caught many market observers by surprise. The alpha coin marked a 1.5% gain in the last 24 hours, bringing Bitcoin’s value above the psychologically important $30,000 threshold, which also serves as a key resistance level. At the time of writing, Bitcoin was trading at $30,154, up […]
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From predicting that ETH will overtake BTC in 2030 to firmly rejecting the thought, crypto Twitter offered their takes on the topic of ETH becoming crypto’s top dog. While Ethereum (ETH) being down almost 40% against Bitcoin (BTC) may give ETH traders some worries, crypto community members on Twitter shared their takes on the possibility of the smart contract platform eventually surpassing the king of crypto assets. On Twitter, the Cointelegraph social team asked the crypto community to share their thoughts on whether Ethereum can eventually surpass Bitcoin. From predicting that it would....
On Tuesday, an anonymous crypto analyst from a popular YouTube channel InvestAnswer shared more light on the future of Bitcoin. The analyst revealed that Bitcoin (BTC) is set to surpass both Gold and Silver in market capitalization in no more than a decade. BTC Is A Safer Haven Than Gold And Silver Over the years, Bitcoin has been regarded as digital gold due to the fact that the cryptocurrency offers the same benefits as gold with even additional features. In times of economic and political turbulence, BTC has been seen as a safe haven. In the YouTube video, the crypto analyst was able to....
Switzerland’s largest bank, UBS, has published guidance for clients about investing in bitcoin. The bank answers some important questions, such as whether one should buy bitcoin and other cryptocurrencies and whether bitcoin can be used to diversify portfolios. ‘Should I buy’ Bitcoin? UBS Answers UBS published a detailed report about bitcoin last week. It answers some questions that the bank is currently discussing with its clients, explained the report authors, including the firm’s chief investment officer of global emerging markets, Michael Bolliger. UBS Group is....
The recent bearish trend in the crypto market have prompted many to speculate about the market’s next movements. Among these speculators, analyst Dan Gambardello’s latest insights suggest a bullish future for the market. Gambardello’s recent analysis points towards the potential of the market’s upcoming bull run to surpass previous cycles in its strength. Highlighting Potential Top […]
There's every reason to be bullish on BTC on shorter timeframes as months of volatility compression look set to stop. Bitcoin (BTC) “will break out significantly” in the next month, with an upside target of $30,000.That was the latest prediction from Michaël van de Poppe, founder and CEO of trading firm Eight.Analyst on November price target: "My guess is probably $30K"In a tweet on Oct. 25, Van de Poppe joined a growing number of analysts delivering bullish BTC price forecasts.BTC/USD is currently marked by a distinct lack of volatility, but signs are flowing in that the sideways trend is....