Tone Vays says $45,000 to $50,000 is a reasonable bull market target for Bitcoin if it surges past $20,000. Tone Vays, the well-known Bitcoin (BTC) derivatives trader, believes Bitcoin will stay above $10,000 for the rest of 2020. At the start of the year, Vays said he was skeptical BTC would break $20,000 in 2021…
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A look at the difference between halving cycle highs, lows and halving prices delivers huge BTC price targets which their creator cautions are “hopium.” Bitcoin (BTC) needs to hit $340,000 just to match its performance from its last halving cycle, data shows. In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that…
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He also warned that the U.S. dollar would become worthless. Internet entrepreneur and digital rights activist, Kim Dotcom, congratulated Twitter followers who bought Bitcoin based on his advice in 2018. According to a tweet published on August 17, the founder of the now-defunct file-sharing website, Megaupload, also praised followers that managed to capitalize on gold’s…
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Bitcoin will eventually capture more of the market than gold, Morgan Creek’s Anthony Pompliano predicts. Amid the ongoing bull market, a major Bitcoin (BTC) advocate has delivered another promising price prediction for the largest cryptocurrency. Anthony “Pomp” Pompliano, co-founder of Morgan Creek Digital, believes that Bitcoin will continue to grow in the long-term to break…
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A depreciating US dollar as a reserve currency coupled with investors looking for attractive alternatives could see both BTC and gold rise. Major investment banking company Goldman Sachs says the price of gold will rise 20% to reach $2,300 before the end of 2022. The commodity hit new record highs on July 31 at more…
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The price of Bitcoin will surpass $28,000 as the previous all-time high won’t pose any resistance, and eventually shoot for six-figures, says Max Keiser. According to Heisenberg Capital founder and Keiser Report host Max Keiser, the price of Bitcoin (BTC) would soon rally to $28,000. He believes the all-time high of BTC at $20,000 likely…
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Bitcoin price’s current surge, which has so far topped out at $11,380, is destined to continue beyond its all-time highs, the Wall Street veteran predicts. Bitcoin (BTC) will not stop rising until it hits $28,000, Max Keiser believes as the largest cryptocurrency gains over 20% in a week. In a series of tweets on July…
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New research from Xangle suggests on-chain activity may not be the best indicator to assess Ethereum, after the price failed to rally in Q2. Though some on-chain activity for Ethereum is similar to the conditions before the price rallied to its all-time high in 2018, it failed to demonstrate the same bullish behavior in 2020.…
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Messari co-founder Ryan Selkis says Cardano’s recent price surge is proof that staking isn’t dead preparing for the upgrade to Shelley. After Cardano surged to become sixth-biggest cryptocurrency by market cap last week, Messari co-founder and CEO Ryan Selkis still believes traders could buy and stake more of the altcoin. In his newsletter, Seliks said…
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An on-chain metric which has been declining since 2017 is now signaling a bullish trend, analysts from Stack Funds say. A new report analyzing on-chain activity says that Bitcoin (BTC) is now due for a bullish phase based on supply movements. Published by asset manager Stack Funds on July 2, the findings suggest that 90-day…
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