Bitcoin Bull Market to Continue in 2021 as Citi Predicts 20% Dollar Crash
Citi analyst Calvin Tse discussed the prospects of a weaker US dollar in his research note.
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A gloomy outlook for the US dollar is leaving Bitcoin with a potential to continue its bull run towards $20,000.
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the U.S. dollar will crash by January next year after the Federal Reserve pivots. He named bitcoin as one of the investments to buy as the Fed continues to raise interest rates.
Robert Kiyosaki Predicts Imminent Crash of US Dollar
The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with a dire warning about the U.S. dollar, predicting that the USD will crash in a few months.
Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on....
Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion.
The Metaverse Is Potentially an $8 Trillion to $13 Trillion Opportunity, Says Citi
Citi released a new Global Perspectives & Solutions (Citi GPS) report titled “Metaverse and Money: Decrypting the Future” Thursday. The leading global bank has approximately 200 million customer accounts and does business in more than 160 countries....
Quick Facts: 1️⃣ Deepseek predicts a $150K Bitcoin high, despite the brutal crash following the $19B wipeout in leveraged positions on October 10. 2️⃣ TD Cowen analysts invoke Bitcoin’s resilience following the market crash to predict a price point of $141K by December. 3️⃣ Mike McGlone, Bloomberg Senior Commodity Strategist, shares the optimism, saying that […]
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the U.S. dollar “has likely not peaked yet.” Citi Market Analysts Suggest Euro Could Tap $0.93 — Financial Institution’s FX Strategists Say EU’s Currency May Slip to $0.86 if Economy Continues to Sour In recent times, the official fiat currency of 19 out of the 27....