Day: January 8, 2021

Chamath Palihapitiya sees Bitcoin as insurance against uncertainty

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Bitcoin’s (BTC) price has risen dramatically over the past days and weeks, recently wheeling past $40,000. An asset largely untied to governmental authority, Bitcoin is a hedge against global uncertainty, according to venture capitalist and billionaire Chamath Palihapitiya. Citing a possible five or 10-year time horizon, Palihapitiya said he thinks Bitcoin will likely reach $200,000 at some point. “The reason is because, everytime you see all of this stuff happening, it just reminds you that wow our leaders are not as trustworthy and reliable as they used to be,” he…

What's next for BTC 📈 Bitcoin Technical Analysis.

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BTC Bitcoin Technical Analysis price today 13.11.20 $BTC has been on a roll and squeezing shorts, where is this likely to top out for the next wave? #Bitcoin #BitcoinAnalysis #Crypto – Want To Win More Trades, Make More Money? – Want To CRUSH THE CHARTS Like A Champion? – Want to join our THRIVING community of over 2000 Champions and get exclusive tips, tricks, tactics and strategies to fuel YOUR trading success TODAY! Any advisory or signal generated by ChartChampions and/or its…

Morgan Stanley now holds 10% stake in Michael Saylor’s MicroStrategy

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Per a filing with the Securities and Exchange Commission released on Jan. 8, investment bank Morgan Stanley had acquired 792,627 shares in business intelligence firm MicroStrategy. The investment represents a 10.9% stake in a firm that has made massive investments in Bitcoin over the past several months.  The purchase apparently happened on Dec. 31. MicroStrategy has had a colossal month, seeing its shares move from $289 on Dec. 8 to $545 as of Jan. 8.  Source: NASDAQ In August, MicroStrategy took bold steps into crypto, making Bitcoin its primary reserve asset.…

Ethereum Forming Extremely Bullish Pattern as Bulls Target New Highs

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Ethereum and the entire crypto market is consolidating today following some recent turbulence Bulls stepped up after the entire market saw a massive selloff yesterday and absorbed the influx of selling pressure, allowing BTC to rocket past $40,000 and ETH to move higher Today, the market has consolidated and drifted slightly lower, although bulls still seem to be poised to catalyze further upside One trader is now noting that Ethereum could be well-positioned to see upside in the near-term, adding that its outlook is growing strong by the day He…

Altcoins sell-off as traders jostle to hold Bitcoin price above $40K

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Altcoin’s recent gains have come under pressure as Bitcoin (BTC) price dropped to retest lower support levels after reaching a new all-time high at $41,940.  Following Bitcoin’s Jan. 7 push above $40,000, the top cryptocurrency faced selling pressure that saw the price dip as low as $36,600. As has been the case throughout the current rally, investors quickly purchased the dip and BTC price rallied to a new all time high at $41,940 on Jan.8. Market sentiment continues to improve as institutional investor inflow to cryptocurrencies continues to rise. As…

When is Bitcoin’s macro top? Industry player speculates

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Bitcoin’s (BTC) price momentum recently pushed the asset to almost $42,000 per coin. It has more than doubled in price over the past two months, breaking the previous record highs that it set back in 2017. Podcaster Nathaniel Whittemore recently gave his opinion on methods of spotting a macro bull market top for the digital currency. “There isn’t really a macro top, in the sense that the conditions align so well with the narrative,” Whittemore, host of a podcast called The Breakdown, told Cointelegraph. He added: “If we see another big…

Crypto & Bitcoin at an All Time High | My Take On Investments

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Disclaimer. This video is made for entertainment. I’m not a financial advisor, invest at your own risk. Having said that, the most successful people are wise investors. In this video I talk about different types of investments and how I do things. Hope you’ll enjoy! Visit my Instagram profile @alexandergeorge93 _________________________________ Paypal: @alexandergeorge93 Bitcoin: 3Pi2r2w6kRmgk49FBVejSQabNgsen5yZHg Litecoin: M7zCVJu1REbdmxQT7BLZhGA414JkdKEuuV _________________________________ This video represents my personal views only, which are not affiliated to my work/any company. All matherials used are my own or royalty-free (non-©)…

Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021

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Bitcoin hit a fresh all-time high Friday as investors continued to scoop up some of its limited supply. The ether futures market also hit records as derivatives traders check out the second-largest cryptocurrency by market capitalization. Bitcoin (BTC) trading around $39,304 as of 21:00 UTC (4 p.m. ET). Gaining 0.64% over the previous 24 hours. Bitcoin’s 24-hour range: $36,579-$41,962 (CoinDesk 20) BTC below the 10-hour but above the 50-hour moving average on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Bitstamp since Jan. 5.Source: TradingView New…