Stock Market Slump Could See Bitcoin Price 'Make New All-Time High
Cryptocurrency inventor, fund spouse and suggest Max Keiser is predicting new all-time Bitcoin fee highs because the inventory market tumbled back this week.
BITCOIN TO ‘NEW ALL-TIME HIGH’ AS STOCK MARKET SLUMPS
A drop in share costs for equally Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, finest Keiser to mean the index might cave in to beneath the big 10,000 barrier in future.
“10 (years) of coins transfusions from central banks – overlaying the globe’s financial dying in 2008 – hasn’t worked,” he wrote on Twitter.
The Dow final saw 10,000 throughout the banking disaster a decade ago, having hovered round 25,000 for many of 2018.
ANTICIPATION OF CRYPTO AWAKENING GROWS
While Keiser like many different famous commentators has lengthy heralded a return to sort for Bitcoin fee $6349.84 -0.14%, cryptocurrency markets have yet to sign their bear market is over this year.
ANTICIPATION OF CRYPTO AWAKENING GROWS
While Keiser like many different famous commentators has lengthy heralded a return to sort for Bitcoin fee $6349.84 -0.14%, cryptocurrency markets have yet to sign their bear market is over this year.
As Bitcoinist has often stated in fresh months, the anticipation of institutional investor coins buoying sideways costs maintains to run high. Major crypto property themselves, however, hold to development slowly downwards.
Big coins stays trustworthy to the constructive narrative on Bitcoin, however. Last week, billionaire investor Tim Draper took to the degree at Europe’s greatest fintech conference Summit 2018 to double down on his prediction the greatest cryptocurrency would hit $250,000 per unit by means of means of 2023 on the latest.
He was joined by means of means of Blockchain pockets CEO Peter Smith and Managing Capital co-founder Garry Tan. While equally stopped quick of endorsing the quarter-million figure, there seemed to be unanimous agreement that Bitcoin can be worthy extra in USD phrases by means of means of this time subsequent year.
“My prediction for $250,000 by means of means of 2022 – perhaps 2023 but in that differ – is totally solid, but I’m now not so certain how we’re going to get there,” Draper said.
BITCOIN TO ‘NEW ALL-TIME HIGH’ AS STOCK MARKET SLUMPS
A drop in share costs for equally Goldman Sachs and Apple has equated to an approximately 160-point loss for the Dow Jones November 12, finest Keiser to mean the index might cave in to beneath the big 10,000 barrier in future.
“10 (years) of coins transfusions from central banks – overlaying the globe’s financial dying in 2008 – hasn’t worked,” he wrote on Twitter.
The Dow final saw 10,000 throughout the banking disaster a decade ago, having hovered round 25,000 for many of 2018.
ANTICIPATION OF CRYPTO AWAKENING GROWS
While Keiser like many different famous commentators has lengthy heralded a return to sort for Bitcoin fee $6349.84 -0.14%, cryptocurrency markets have yet to sign their bear market is over this year.
ANTICIPATION OF CRYPTO AWAKENING GROWS
While Keiser like many different famous commentators has lengthy heralded a return to sort for Bitcoin fee $6349.84 -0.14%, cryptocurrency markets have yet to sign their bear market is over this year.
As Bitcoinist has often stated in fresh months, the anticipation of institutional investor coins buoying sideways costs maintains to run high. Major crypto property themselves, however, hold to development slowly downwards.
Big coins stays trustworthy to the constructive narrative on Bitcoin, however. Last week, billionaire investor Tim Draper took to the degree at Europe’s greatest fintech conference Summit 2018 to double down on his prediction the greatest cryptocurrency would hit $250,000 per unit by means of means of 2023 on the latest.
He was joined by means of means of Blockchain pockets CEO Peter Smith and Managing Capital co-founder Garry Tan. While equally stopped quick of endorsing the quarter-million figure, there seemed to be unanimous agreement that Bitcoin can be worthy extra in USD phrases by means of means of this time subsequent year.
“My prediction for $250,000 by means of means of 2022 – perhaps 2023 but in that differ – is totally solid, but I’m now not so certain how we’re going to get there,” Draper said.
0 Response to "Stock Market Slump Could See Bitcoin Price 'Make New All-Time High"
Post a Comment