Covid

A $15K Bitcoin Likely As Price Breaks Above “Multi-Year Bullish Triangle”

Bitcoin expects to hit a $15,000 valuation in the coming sessions, says full-time futures trader Adam Mancini. The Twitterati stated earlier Monday that BTC/USD closed above a “multi-year bullish triangle” by almost $2,000. The pair’s giant move above the “continuation pattern” increased its likelihood of testing short-term breakout targets, beginning with $15,000. Mr. Mancini said Bitcoin could extend its upside towards $24,000, as well. “[The cryptocurrency] may be the new kid on the block but the same old classic patterns that apply to all financial assets still apply,” he tweeted.

Two Macro Calls That Could Propel Bitcoin to $14,000 This Year

Bitcoin may hit $14,000 in the coming quarter. The analogy appears out of two extremely bullish calls made for the US dollar and Gold. Bitcoin has shown an extreme correlation with the two macro assets this year. Bitcoin may have some fuel left to continue its 2020’s run-up towards the $14,000-mark. The level–last approached in 2019 against the backdrop of an escalating US-China trade war and falling yuan– has fallen back into the radar of Bitcoin bulls. Only this time, the weakening US dollar has replaced its Chinese counterpart as

Napi agyrém: COVID-menedzser képzést indítottak Olaszországban

Azzal már tisztában lehetünk ennyi idő után, hogy mindenki próbálja meglovagolni a koronavírus-járványt és az amiatt kialakult hype-ot. Gondoljunk csak a kézfertőtlenítő gyártókra és értékesítőkre, akik a vírus berobbanása után 4-szeres áron árulták az alkoholos géleket. Nem voltak ezalól kivételek a maszkokat forgalmazó cégek sem, akik csillagászati áron próbálták eladni az amúgy 100-200 Ft-os sebészmaszkokat. A COVID kreálta káoszt kívánják most az olasz felnőttképzéssel foglalkozó vállalatok is kihasználni. Mint azt köztudott Olaszországot sújtotta legelőször a kór, mely több mint 35 ezer életet követelt. COVID-menedzser alapképzés Az emberek féltek, nem tudtak

Bitcoin is Overvalued at $11,000, Analyst Explains Why

Bitcoin stands overvalued at $11,000 in the short-term, according to analysts at Phi Deltalytics. The statement followed a drop in net positions on Chicago Mercantile Exchange’s Bitcoin Futures last week. It showed institutional investors are bearish, a sentiment that amounts to a correction in the Bitcoin market. A cheerful Bitcoin price rally above $11,000 is unlikely to sustain in the short-term, according to analysts at Phi Deltalytics. Bitcoin CME Positions Fall The crypto-focused investment consultation portal said the BTC/USD stands overvalued above $11,000. It reasoned the analogy with a drop

UBS Expects Gold to Hit $2,000; What Does It Mean for Bitcoin?

UBS Global predicts that gold would climb to $2,000, at least by September, just as the metal’s correlation with Bitcoin reaches a new high. Wayne Gordan, executive director of Commodities and Forex at UBS, projected negative US real yields as the core reason behind the increasing bids for gold. The other key point, Mr. Gordon stated, is the ongoing plunge in the US dollar. Bitcoin traders should brace for a decent upside momentum led by the gold market. It is because of the increasing realized correlation between the two assets.