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Crypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to illustrate his point. For example, McDonaugh argues that the recent surge in the price of bitcoin (BTC) is actually part of a sustained rally since […]
The post US Presidential Election Unlikely to Alter Bitcoin’s Path: Analyst appeared first on Bitcoin News.
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Gold bull Dennis Gartman is moving out of gold because the market has become “too crowded.” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. “Too many people all of a sudden are involved in the […]
The post Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market appeared first on Bitcoin News.
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Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually test $100,000. But not before some correction. “$28,000 is in […]
The post Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser appeared first on Bitcoin News.
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