Bitcoin At $500K? Analyst Sees A ‘Perfect Storm’ For New ATH
Despite recent price volatility and market uncertainties, a renowned bitcoin specialist has offered an extremely positive assessment on Bitcoin and the other cryptocurrencies. Michaël van de Poppe, the creator of MN Consultancy, believes we’re witnessing the dawn of a historic bull market that could push Bitcoin’s value to previously unimaginable heights. Related Reading: Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst The ‘Perfect Storm’ For Bitcoin & Ethereum In a radical change, the Trump administration’s pro-crypto policies have....
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The CEO of Ark Investment Management (Ark Invest), Cathie Wood, still predicts that the price of bitcoin will be $500K. She says that all indicators “are all suggesting that we are in a capitulation phase, which is a really great time to buy, no matter what the asset is.” Ark Sees Bitcoin Reaching $500K Ark Invest CEO Cathie Wood has shared her view about the current bitcoin market and her prediction of where the price of the cryptocurrency will rise to in an interview with Bloomberg Wednesday. Wood has previously predicted that the price of bitcoin will increase to $500K. With....
Analyst Viaquant has said that the Dogecoin price has formed a ‘perfect market structure.’ This is bullish for the foremost meme coin as the analyst revealed that DOGE looks set to enter into a parabolic phase. What Next For The Dogecoin Price Following ‘Perfect Market Structure’ Viaquant revealed in a TradingView post that the Dogecoin […]
Bitcoin has undergone an extremely strong rally over the past few weeks and months that has brought it from $10,000 to $24,000. The leading cryptocurrency currently trades for $23,000 after a slight correction. Analysts say that there is a “perfect storm” of demand trends for Bitcoin that has enabled this extremely strong rally. Bitcoin Rally is Being Driven by Critical Demand Trends BTC is expected to move even higher in the medium to long term […]
Bloomberg's top ETF analyst Eric Balchunas sees 2021 has explained why the approval of a bitcoin ETF in the U.S. might be imminent.
Dogecoin has suffered some of the worst of the crypto bear market after taking a severe hit to its price. In response, DOGE transactions had plunged rapidly, which suggests that the digital asset is falling out of favor with investors. However, despite these bearish trends, one crypto analyst still sees a surge in the future […]