[ad_2][ad_1] According to Raoul Pal, founder and CEO of Global Macro Investor and Real Vision, bitcoin could reach $ 150,000 by November 2021, and this would be the most conservative scenario. Pal believes that Bitcoin could even reach $ 250,000 due to the large amount of institutional money currently flowing …
Read More »Market supply and demand trends of the blockchain distributed ledger, success indicators, macro and micro factor analysis – The Think Curiouser
[ad_2][ad_1] “Summary of the Blockchain Distributed Ledger Market ReportThe blockchain distributed ledger market is witnessing high growth in major geographies such as Asia Pacific, North America, South America, Central America, and Europe, among others. COVID -19 and its impact analysis• Scenario before COVID -19• Current scenario• Post recovery scenario from …
Read More »Ethereum could soon aim for $ 800 as the macro market structure strengthens
[ad_2][ad_1] Ethereum and the aggregate cryptocurrency market have seen immense volatility in recent times Yesterday, ETH fell to a low of $ 427 before finding strong support which slowed its decline and triggered a strong rebound The cryptocurrency has been trying to confirm $ 450 as a support level in …
Read More »US macro events are unlikely to completely derail Bitcoin’s price gains
[ad_2][ad_1] Tech equity indices, including the Nasdaq Composite and the S&P 500, have begun to recover. Amazon experienced high pandemic sales that resulted in profits tripling and a 37% increase in revenue. Facebook also surpassed Wall Street expectations, hitting $ 21.5 billion in revenue during the third quarter. Although the …
Read More »It is “thin air” for Bitcoin if the price rises above $ 14,000 on a macro basis
[ad_2][ad_1] Bitcoin has undergone another huge step forward in the last day. After hitting a bottom at $ 12,800 yesterday, the cryptocurrency rose to $ 13,800. The coin is currently trading for $ 13,700 as it attempts to stabilize after the daily close of the candle. Analysts are bracing for …
Read More »Bitcoin Price Analysis: Strong Impulse Tests Macro Support Levels
[ad_2][ad_1] Finally, after a week or so of tight, range-bound market, bitcoin poked right through support. The price is almost 10% in the span of just a few short hours: Figure 1: BTC-USD, Hourly Candles, 11% Drop Not only did this move occur on high-volume, it occured on high volume. …
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