The SEC is in information gathering mode. "If we get a move back above $17,250, which is the recent technical breakdown level, and then of course the record highs around just under $20,000, we could see a lot of blue skied scope for the New Year, and a lot of people have been citing that," William said. Bitcoin ETF Not Imminent, Says Market Expert Dave Nadig Dave Nadig told CNBC there was no reason for any immediate hope of approval and that the regulator would likely exercise its authority to kick this can down the road and avoid making a decision as long as possible. It has risen more than 1,300 percent since the beginning of the year. According to Vays’ technical analysis, a bearish signal on the momentum reversal indicator (MRI) indicates an imminent drop in the value of the world’s largest cryptocurrency. According to Vays’ technical analysis, a bearish signal on the momentum reversal indicator (MRI) indicates an imminent drop in. Renowned trading expert, Tone Vays, has issued a warning to his followers regarding an impending market shift. He has warned investors of the potential for a cryptocurrency crash and argued that the excitement surrounding BTC’s underlying technology has diminished. And now it is looking - if we continue lower - that this could be a broader contagion story for the other markets."īitcoin's spot price was trading at $14,462 Friday, down 7 percent for the session, according to CoinDesk, which tracks cryptocurrency exchanges Bitstamp, Coinbase, itBit and Bitfinex. Renowned trading expert, Tone Vays, has issued a warning to his followers regarding an impending market shift. As the crypto market remains volatile, a major correction for Bitcoin could be looming in the near future. Peter Schiff Skeptical of Bitcoin’s Future and CNBC’s Coverage Schiff voiced his doubts about the long-term viability of Bitcoin. "What I found important for clients and with people in the market to separate is the price story from the long-term disruption opportunity with bitcoin and blockchain in general," he told CNBC. BITCOIN’s price dipped below 6,500 yesterday as it fell below a key price point, which could be a sign of an imminent slide in its value, a crypto expert has predicted. ![]() William said that a fall in the digital currency's price is "very normal" but that a "broader contagion story" could loom if it headed down further. Personal Loans for 670 Credit Score or Lower ![]() Personal Loans for 580 Credit Score or Lower After correctly predicting in May the cryptocurrency’s drop to 20,000, the billionaire co-founder of Mobius Capital Partners now says Bitcoin will fall to 10,000 sometime next year, which. Best Debt Consolidation Loans for Bad Credit
0 Comments
Leave a Reply. |