Day: March 5, 2021

Bitcoin Price Back Below 100 SMA, Why BTC Could Retest $45K

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Bitcoin price failed to stay above $50,000 and $49,000 against the US Dollar. BTC is now below the 100 hourly SMA and it is likely to continue lower towards $45,000 Bitcoin started a fresh decline below the $50,000 and $49,000 support levels. The price is now trading well below $50,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $49,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend its decline towards $45,000 as…

Analyst tells Tesla to dump Bitcoin for buybacks as shares plunge alongside MSTR’s

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A former equities CIO of Goldman Sachs drew an strong response on Twitter after suggesting Tesla should sell its Bitcoin and buy back company shares. The price of TSLA shares have fallen 28% from $863.42 to $621.44, since news broke on Feb. 8 that Tesla had made a $1.5 billion BTC acquisition. MicroStrategy’s shares have fared even worse in the short term. The company, which is headed by Bitcoin bull Michael Saylor and just completed its latest acquisition of $15 million in BTC on Mar. 3, is now down 50% from…

Jim Rogers Regrets Not Buying Bitcoin but Warns Governments May Outlaw Cryptocurrencies – Regulation Bitcoin News

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Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, now regrets not buying bitcoin. However, he is still worried that governments can outlaw bitcoin if it becomes a viable currency. Jim Rogers’ Bitcoin Regret Jim Rogers said in an interview with Real Vision this week that he wished he had bought bitcoin years ago. Rogers is George Soros’ former business partner and the co-founder of the Quantum Fund and Soros Fund Management. He believes that bonds are in a bubble and expects the prices of…

Experts divided on BTC predictions: Bullish or super bullish?

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Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to tip a glittering future for Bitcoin prices. On Mar. 4, Senior Commodity Strategist for Bloomberg Intelligence Mike McGlone pointed to historical data to suggest that Bitcoin is on the way to $100,000. McGlone’s logic revolves around the growing discount for shares in the Grayscale Bitcoin Trust which is at the same level…

Experts divided on BTC predictions: Bullish or super bullish?

boss

Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to tip a glittering future for Bitcoin prices. On Mar. 4, Senior Commodity Strategist for Bloomberg Intelligence Mike McGlone pointed to historical data to suggest that Bitcoin is on the way to $100,000. McGlone’s logic revolves around the growing discount for shares in the Grayscale Bitcoin Trust which is at the same level…

PUMP & THEN DUMP!!! THIS BITCOIN PATTERN JUST BROKE & THE TARGET IS HORRIFYING!!!!!!!!!!!

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Ethereum gas fees drop as daily DEX and DeFi volumes decline

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The rising popularity of decentralized finance (DeFi) has brought fresh attention and optimism to the cryptocurrency sector with the total value locked on all protocols increasing from $1 billion to $59 billion in less than a year and the top 5 platforms accounting for $24.33 billion of the total value. Rising gas fees have been one of the most noticeable results of the increasing interaction with DeFi protocols and currently, the Ethereum (ETH) network hosts the majority of the top DeFi projects. Gas fees have been steadily rising since November…

BlackRock vor Bitcoin-Investment? Folgen für den Krypto-Markt + Special Guest als Interviewpartner

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Eine Analyse der aktuellen Lage auf dem Kryptomarkt (Bitcoin, Ethereum Ripple) mit Robert Rother. Ab sofort jeden Dienstag und Donnerstag um 19 Uhr im Livestream auf YouTube. Mehr über Robert Rother: Robert Rother ist (Day)-Trader, internationaler Unternehmer und Berater. Bekannt ist er durch seinen Spiegel-Bestseller „Drachenjahre“, in dem er beschreibt, wie er ein Finanzimperium in China aufgebaut und unschuldig 7 Jahre und 7 Monate im chinesischen Gefängnis überlebt hat. Robert bekämpft das „Smart Money“, die Investmentbanken und Broker. Transparenz und Wissen sieht…

Bitcoin “Cheat Sheet” Calls For Next Leg Up To $77K

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Bitcoin price is taking its time consolidating around $50,000 but could be preparing for the next major leg up to around $77,000 per coin, according to what one trader calls a “cheat sheet” to the current crypto market bull run. The “cheat sheet” is a fractal from the past that is playing out once again in Bitcoin markets almost perfectly. If the fractal continues, here’s how far it could take the price per BTC before the peak is in. Bitcoin Trader Cheat Sheet Hints At Next Leg Up To Around…

Mark Cuban Argues Bitcoin Is Better Than Gold, Telling Peter Schiff ‘Gold Is Dead, Move on’ – Featured Bitcoin News

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Billionaire investor and Shark Tank star Mark Cuban, once a bitcoin skeptic who preferred bananas to the cryptocurrency, now sees utility in bitcoin. He has made a case that bitcoin is better than gold, telling gold bug Peter Schiff to “move on” because “gold is dead.” Mark Cuban Says Gold Is Dead, Peter Schiff Should Move On The owner of the National Basketball Association (NBA) team Dallas Mavericks, Mark Cuban, has argued that bitcoin is better than gold in response to Peter Schiff’s comments about the cryptocurrency. Schiff tweeted this…