Paul Tudor Jones Bitcoin fractal hints at possible explosive BTC rally
A fractal from Paul Tudor Jones hints that Bitcoin price is in an early stage, long-term rally like gold was in the 1970s. Based on the fractal, Bitcoin is in an early phase of a prolonged rally that could allow BTC to experience exponential growth in the longer term.Bitcoin versus gold price fractal. Source: BloombergBitcoin may be on the same trajectory as goldThere are two main reasons why Bitcoin could follow the macro trend gold saw from the 1970s. First, BTC has a fixed supply that cannot expand, which makes it an attractive hedge against inflation. Second, BTC has the same qualities....
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In a recent interview with CNBC’s Squawk Box, legendary investor Paul Tudor Jones doubles down on his bullish stand for Bitcoin and crypto. Tudor Jones believes there are two main reasons why the digital asset sector could extend its gains. Related Reading | Why Paul Tudor Jones Made This Ominous Prophecy For Bitcoin The first reason […]
Legendary investor Paul Tudor Jones returned to CNBC’s Squawk Box stage to talk about inflation and his favorite hedge against it, Bitcoin. During his interview, Tudor Jones referred to inflation as “the number one issue facing investors” and financial markets. Related Reading | Why Paul Tudor Jones Could Invest 5% Of Its Portfolio In Bitcoin Unlike […]
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., talked about bitcoin being his preferred hedge against inflation in an interview with CNBC Wednesday. He said: Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold at the moment … It would be my preferred one over gold at....
Billionaire hedge fund manager Paul Tudor Jones says he likes bitcoin. Noting that he can trust math, the famed hedge fund manager said, “bitcoin has appealed to me because it’s a way for me to invest in certainty.” Jones also shared his investment strategies in response to the Fed’s policy. Paul Tudor Jones on Bitcoin, Fed Policy, Inflation Paul Tudor Jones, the founder of asset management firm Tudor Investment Corp., explained to CNBC Monday why he likes bitcoin. He described: I like bitcoin. Bitcoin is math and math has been around for thousands of years. 2+2 is....
Prominent hedge fund manager Paul Tudor Jones’ understanding of bitcoin has come into question since he only invested about 1% of his assets in the cryptocurrency. According to the CEO of Microstrategy, the Nasdaq-listed company that recently invested almost half a billion dollars in bitcoin, Jones would have invested much more if he had really understood bitcoin. Paul Tudor Jones Would’ve Invested More in Bitcoin In an interview with Stephan Livera, published Monday, Microstrategy CEO Michael Saylor shared his thoughts on how his billion-dollar company adopted bitcoin as its....