Market Expert Predicts New Paradigm For Bitcoin: ‘Days Under $100,000 Numbered’
As the Bitcoin (BTC) Halving event concluded for the fourth time, the cryptocurrency market witnessed notable changes in key metrics. These developments have led Charles Edwards, a market expert and founder of Capriole Invest, to issue bold predictions that hint at a paradigm shift in the BTC market. Bitcoin Trading At ‘Deep Discount’ One of the key metrics highlighted by Edwards is the staggering electrical cost associated with mining a single Bitcoin. Edwards reveals that this cost has now reached an astonishing $77,4000. This figure represents the raw electricity expenses required to....
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There is one thing stronger than all the armies in the world, and that is an idea whose time has come. - Victor Hugo. French poet and writer. 1802 - 1885Historians may look back on these current days with fascination. We may be living through the beginning of one of the biggest paradigm shifts in modern human history. The way the world actually thinks about money and stored value might be changing in a tidal wave of recognition. This article will define what a paradigm is and what a paradigm shift looks like. Perhaps we may understand how to prepare and perhaps benefit from the embryonic....
Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that shows that the market might in fact still be in a bull cycle. The last two weekends have seen bitcoin prices adding at least $4,000 in the span of three days. Breaking what has been a slow and brutal downtrend cycle in the market for the last month. Now, on-chain expert Willy Woo was on the podcast What Bitcoin Did to talk about the price of bitcoin and give his predictions regarding the price. Woo, for one, does not believe....
Bitcoin price sliding deeper into the pit can likely happen before this year ends. Last week, the cryptocurrency market shed $165 billion of its total market capitalization with crypto frontrunner Bitcoin slumping into a bearish streak. With this development, both traders and investors are now making conscious efforts to look ahead of the leading digital currency’s possible bottom. Rekt Capital, a well-known crypto trading expert, shared some insights about what could be next for Bitcoin, saying that by the end of this year the asset might just reach another low point. The expert has taken....
Bitcoin has been consolidating between $10,000 and $11,000 over the past month, barely deviating from this relatively tight range. A crucial fractal analysis predicts that the cryptocurrency is primed to break out of this range in the coming days and weeks. Here’s more on why. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After […]