Bitcoin Price Thread
- Thread starter Magna
- Start date
This points to Arthur Hayes.... who is also amazing... but he's not Blackrock! LOL
Sorry my ESL was confusing, lol, I meant Arthur was showing data to backup the thesis of flight to quality=Bitcoin
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For the first time in history, there is a global anomaly in the bond markets: the yields of emerging market bonds in the currencies of local countries are below the level of yields of US Treasury bonds. It is obvious that there is some local distrust on the part of investors towards the US dollar system. Despite the fact that the markets of developing countries are somehow tied to the US dollar system, an increasing number of investors are worried about calls of possible US insolvency. Against this background, gold quotes also feel confident, which showed a significant increase in October, as well as the dynamics of cryptocurrencies, BTC in particular. BTC quotes confidently reached the $35,000 mark for one coin, once again reminding the world of the status of digital gold in the modern world!
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I was there in 2013 and our dream was $10,000/btc. When btc went to $1,200 we thought our dream would come true, but then the bear market hit and btc crashed to a low ~$150 in the next 2 years 2015-2016
And today, we are here and our dream is now $1,000,000/btc, but same as in the past, the dream seems impossible... until it happens
And today, we are here and our dream is now $1,000,000/btc, but same as in the past, the dream seems impossible... until it happens
An assistant for the analysis of cryptocurrency pairs.Also, some indicators and analyses for the upcoming week will be available via the link.
https://mega.nz/file/fglSWaoY#HRABIKj7IILc8qw8AzhjcHHPty3CtFTNbQq63BmJSV4
https://mega.nz/file/fglSWaoY#HRABIKj7IILc8qw8AzhjcHHPty3CtFTNbQq63BmJSV4
No offense but I'm not sure if anyone should be downloading a zip file from a member with only 4 posts who is sharing "something" in the crypto forum.
‘Very Important’—Sudden BlackRock ‘Breakthrough’ Predicted To Trigger Huge $25 Trillion Bitcoin, Ethereum, XRP And Crypto Price Earthquake
Billy Bambrough Senior Contributor Nov 15, 2023
https://www.forbes.com/sites/digita...-and-crypto-price-earthquake/?sh=5f33ae456f52
Bitcoin BTC 0.0%, ethereum and XRP XRP 0.0% have driven a huge crypto price rally in recent months—adding around $600 billion to the combined crypto market and winning over one legendary billionaire.
The bitcoin price has more than doubled since this time last year, largely thanks to growing hype around BlackRock's BLK +1.7% application for a bitcoin spot exchange-traded fund (ETF) in June that kicked of a Wall Street rush toward crypto (though some think this could actually "kill" bitcoin).
Now, after the chief executive of crypto asset manager Grayscale teased a $17.7 trillion bombshell, star stock-picker and founder of emerging technology investor Ark, Cathie Wood, has called BlackRock's bitcoin ETF filing a "breakthrough" that will spur the bitcoin price sharply higher over the next few years.
The bitcoin and crypto market is braced for a [+]
Getty Images
"Anyone owning bitcoin knows this is global, this is not just a U.S. opportunity and it’s big," Wood told CNBC in an interview. "It is going to scale from a little more than $1 trillion today to $25 trillion in 2030 as this new world builds out."
The combined bitcoin, ethereum, XRP and crypto market capitalization peaked at around $3 trillion in late 2021, with the 2022 crash wiping away more than $2 trillion of value as confidence evaporated and some big-name crypto companies collapsed.
The bitcoin price has climbed steadily through 2023, turbo-charged in June after BlackRock, the world's largest asset manager that looks after around $10 trillion on behalf of clients, applied to create a bitcoin spot ETF, with crypto exchange Coinbase as its custodian.
"I think this regulatory breakthrough is very important to bring institutions online effectively and I think BlackRock and Coinbase’s partnership is going to be very important," she said.
The U.S. Securities and Exchange Commission (SEC) has yet to approve a bitcoin spot ETF, despite wave through a bitcoin futures ETF in late 2021, and has rejected various attempts to create a fully-fledged bitcoin ETF over the last 10 years.
The bitcoin price has surged higher this year, [+]
Forbes Digital Assets
Meanwhile, the bitcoin, ethereum, XRP and crypto market rally has stalled following its double-digit percentage increase last week, with some market watchers fearing a price correction could get "out of control."
"Bitcoin continued its correction on Tuesday, which at one point seemed to get out of control as the price fell below $34.5K due to stop orders triggered," Alex Kuptsikevich, senior analyst at FxPro, said in emailed comments.
"However, prices quickly moved away from the local extreme lows, and by Wednesday morning, there was moderate buying that took bitcoin back up to $35,600. Perhaps the most acute question is whether the cryptocurrency market's counter-trend dynamic indicates risk demand exhaustion or an attempt at a quick correction to continue following equities. We are leaning towards the latter and expect a fresh test of last week's highs soon."
Billy Bambrough Senior Contributor Nov 15, 2023
https://www.forbes.com/sites/digita...-and-crypto-price-earthquake/?sh=5f33ae456f52
Bitcoin BTC 0.0%, ethereum and XRP XRP 0.0% have driven a huge crypto price rally in recent months—adding around $600 billion to the combined crypto market and winning over one legendary billionaire.
The bitcoin price has more than doubled since this time last year, largely thanks to growing hype around BlackRock's BLK +1.7% application for a bitcoin spot exchange-traded fund (ETF) in June that kicked of a Wall Street rush toward crypto (though some think this could actually "kill" bitcoin).
Now, after the chief executive of crypto asset manager Grayscale teased a $17.7 trillion bombshell, star stock-picker and founder of emerging technology investor Ark, Cathie Wood, has called BlackRock's bitcoin ETF filing a "breakthrough" that will spur the bitcoin price sharply higher over the next few years.
The bitcoin and crypto market is braced for a [+]
Getty Images
"Anyone owning bitcoin knows this is global, this is not just a U.S. opportunity and it’s big," Wood told CNBC in an interview. "It is going to scale from a little more than $1 trillion today to $25 trillion in 2030 as this new world builds out."
The combined bitcoin, ethereum, XRP and crypto market capitalization peaked at around $3 trillion in late 2021, with the 2022 crash wiping away more than $2 trillion of value as confidence evaporated and some big-name crypto companies collapsed.
The bitcoin price has climbed steadily through 2023, turbo-charged in June after BlackRock, the world's largest asset manager that looks after around $10 trillion on behalf of clients, applied to create a bitcoin spot ETF, with crypto exchange Coinbase as its custodian.
"I think this regulatory breakthrough is very important to bring institutions online effectively and I think BlackRock and Coinbase’s partnership is going to be very important," she said.
The U.S. Securities and Exchange Commission (SEC) has yet to approve a bitcoin spot ETF, despite wave through a bitcoin futures ETF in late 2021, and has rejected various attempts to create a fully-fledged bitcoin ETF over the last 10 years.
The bitcoin price has surged higher this year, [+]
Forbes Digital Assets
Meanwhile, the bitcoin, ethereum, XRP and crypto market rally has stalled following its double-digit percentage increase last week, with some market watchers fearing a price correction could get "out of control."
"Bitcoin continued its correction on Tuesday, which at one point seemed to get out of control as the price fell below $34.5K due to stop orders triggered," Alex Kuptsikevich, senior analyst at FxPro, said in emailed comments.
"However, prices quickly moved away from the local extreme lows, and by Wednesday morning, there was moderate buying that took bitcoin back up to $35,600. Perhaps the most acute question is whether the cryptocurrency market's counter-trend dynamic indicates risk demand exhaustion or an attempt at a quick correction to continue following equities. We are leaning towards the latter and expect a fresh test of last week's highs soon."
The Kiss of Death strikes Bitcoin.
Jim Cramer Recommends Investing in Bitcoin Amidst Mixed Market Signals
https://thenewscrypto.com/jim-cramer-recommends-investing-in-bitcoin-amidst-mixed-market-signals/
Jim Cramer Recommends Investing in Bitcoin Amidst Mixed Market Signals
https://thenewscrypto.com/jim-cramer-recommends-investing-in-bitcoin-amidst-mixed-market-signals/