Category: News
CoinShares predicted a new bitcoin high within two years
The price of the first cryptocurrency may continue to fall, but will reach another all-time high in the next 24 months, according to CoinShares Chief Strategy Officer Meltem Demirors. She recalled that bitcoin has always been a “cyclical asset,” with drawdowns from peak to low ranging from 80-90%. Since the current quote of digital gold…
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Hero of the “Game of Reduction” predicted the continued fall in the price of bitcoin
Investor Michael Buehry, who predicted the 2007 mortgage crisis, suggested that the current market situation is the middle of a bearish cycle for bitcoin. The investor, who became the prototype of the character in the movie “Down Game,” believes that the first cryptocurrency may continue to fall. “Adjusted for inflation in the first half of…
Read More Deutsche Bank predicts bitcoin will return to $28,000
The price of bitcoin may recover to the level of $28,000 by the end of 2022, according to experts at Deutsche Bank. It is reported by Bloomberg. According to the bank strategists Marion Laboure and Galina Pozdnyakova, the growth will be associated with the rally of the U.S. stock market. The experts pointed out that…
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Arthur Hayes predicted the continued correction of the bitcoin price
Forced liquidation of positions in the near future will put further pressure on the price of bitcoin. This opinion was expressed by the founder and ex-CEO of BitMEX exchange Arthur Hayes. He drew attention to the liquidation of 24,500 BTC by the Canadian Purpose Bitcoin ETF (BTCC) in the evening of June 17, shortly before…
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