Tags : 200k

Bitcoin

Is Bitcoin Following S2F Mannequin? How a $200K High Might

Is Bitcoin a commodity? It’s, in keeping with most regulatory companies together with the CFTC. However is Bitcoin a retailer of worth (SoV) commodity? That appears to be the present consensus. Many of the buyers are treating it as so, and calling it “Gold 2.0.” Effectively, if that’s the case, then Bitcoin ought to observe […]Read More

Bitcoin

Bitcoin could undergo a number of corrections on its option

Peter Brandt, veteran dealer and creator of “Diary of a Skilled Commodity Dealer,” identified that whereas Bitcoin’s (BTC) worth may attain $200,000, historical past reveals that it’s vulnerable to huge corrections of 30% or extra. “Within the 2015-2017 bull market in $BTC, there have been 9 corrections exceeding 30%. Because the Mar 2020 low, there […]Read More