Arthur Hayes predicts Bitcoin rally after closing short position
Bitcoin could start its rally next week, on a potential liquidity injection in the world’s largest economy. Go to Source
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Bitcoin could start its rally next week, on a potential liquidity injection in the world’s largest economy. Go to Source
Market analyst concerns over a correction below $50,000 are mounting, as crypto market sentiment returns to early August lows. Go to Source
Declining trading volumes and slowing ETF inflows could set the stage for a correction below $50,000, before a rally to new highs. Go to Source
Analysts are eying a potential correction below $54,000 to $50,000, despite growing expectations of an interest rate cut in the Go to Source
Could Bitcoin see a correction below $40,000 before breaking out toward a six-figure valuation? Go to Source
Despite BTC falling below the realized price of ETF buyers, ETF holders did not panic sell, but a deeper correction remains on the horizon. Go to Source
Popular commentator and veteran trader Peter Brandt gave advice to Gen Zers on Thursday and said that they should contribute savings to bitcoin and stocks of solid companies. In the same Twitter thread, Brandt noted that “crypto is still unproven,” but also said that those that know him best, know he’s been “bullish for years.” … Read more
Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time … Read more
The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency. Bill Miller Sees Bitcoin Correction as ‘Pretty Routine’ Veteran investor Bill … Read more
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing, Says Analyst Vanda Research published a report Monday warning of … Read more