Timothy Peterson – DIGIT INFO

MicroStrategy shares fumble as Q3 earnings fall just short of estimates

DIGIT — Thu, 31 Oct 2024 06:02:10 +0000

MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections.

Go to Source

Bitcoin needs ‘low $40,000s’ for best bull market entry — 10x Research

DIGIT — Wed, 07 Aug 2024 05:55:42 +0000

A crypto analyst argues that Bitcoin’s price needs to return to levels seen around the launch of spot Bitcoin ETFs for an optimal entry point.

Go to Source

Bitcoin dip under $65K is not ‘likely’ due to Mt. Gox sell-off

DIGIT — Thu, 25 Jul 2024 05:57:31 +0000

There could be seasonal, political and other reasons why Bitcoin has dipped below $65,000, but Mt. Gox Bitcoin sales aren’t one of them, say analysts.

Go to Source

Why isn’t the BTC price moving despite billions in ETF inflows?

DIGIT — Fri, 07 Jun 2024 05:56:19 +0000

Spot Bitcoin ETFs in the United States have just notched their 19th day of inflows. Traders explain why it hasn’t led to a surge in the price of Bitcoin.

Go to Source

Bitcoin in 42-day ‘boredom zone’ — traders debate next move

DIGIT — Thu, 30 May 2024 02:43:11 +0000

Bitcoin’s price has sat in the “boredom zone” for over a month, leaving traders guessing about a potential surge or retracement.

Go to Source

Bitcoin could top $100K but only if ‘high-yield rate’ falls below 7% — Analyst

DIGIT — Wed, 15 May 2024 06:03:51 +0000

Bitcoin needs the high yield rate to fall as low as 6% if it wants to reach a “sustainable all-time high”, says crypto analyst Timothy Peterson.

Go to Source

Bitcoin repeats ‘2016 history perfectly’ amid $350K price prediction — Traders

DIGIT — Sun, 12 May 2024 02:45:58 +0000

Bitcoin’s price chart is resembling that of just weeks after the 2016 halving and it could be “hovering around” a local bottom, according to crypto traders.

Go to Source

Number of Irretrievably Lost BTC Now 6 Million — Cane Island Manager

DIGIT — Mon, 27 Mar 2023 06:30:21 +0000

The number of irretrievably lost bitcoins has now reached 6 million, which leaves 13.3 million as coins that remain in circulation, Timothy Peterson of Cane Island Alternative Advisors has said. Peterson added that out of the 1.7 million bitcoins that will be mined in the next 100 years or more, one million coins will be […]

Go to Source

Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate

DIGIT — Sat, 19 Sep 2020 14:04:51 +0000

A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who is the CAIA Manager at Cane Island Alternative Advisors, argues […]

The post Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate appeared first on Bitcoin News.

Go to Source

Crypto Analyst Claims Bitcoin’s $20K All Time High Was Fake

DIGIT — Fri, 12 Jun 2020 13:19:41 +0000

A cryptocurrency analyst has suggested that price manipulation was behind Bitcoin’s current (and previous) all-time highs, and that the $20,000 December 2017 price was “fake.”

Go to Source