Even though market analysts observing traditional stocks and equities expect an incoming dump, digital currency proponents expect crypto markets to move northbound. An “independent research boutique” that provides institutional investors with insight for today’s markets, Nautilus Research, thinks bitcoin (BTC) looks bullish right now. On July 23, Nautilus Research tweeted a BTC/USD chart that indicates a possible “bullish pattern.” A number of other bitcoin proponents are very bullish about bitcoin’s (BTC) price moving northbound in the near future. Investment strategist Lyn Alden recently published a research analysis of bitcoin, in order to explain why she is “currently bullish from a macro/generalist investor perspective, as part of a portfolio.” Although, not everyone is so optimistic and some people believe we might be seeing a bull trap or fakeout. Bitcoin21.org analyst Eran Gadot explained on July 24, that BTC may see some trouble ahead.
Bitcoin pioneer predicts $1T BTC market cap by 2022 or 'sooner'
This post was originally published on this siteThis post was originally published on this siteBitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative” and those levels should hit in less than two years. That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC price outlook on Oct. 5. Back was responding to a report by […]
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