click here if you want to see your banner on this site

Author Topic: Market Analysis  (Read 163 times)

SandraTrader

  • Garden Hero
  • Novice
  • *****
  • Posts: 30
  • Karma: +0/-0
    • View Profile
Market Analysis
« on: December 14, 2020, 03:58:14 PM »
So, a correction or a repeat of the collapse of the late 2017-2018? The question is still open.
Bloomberg experts believe that there is no reason for a change in the direction of bitcoin's movement now, and its cost may increase to $50,000 in 2021.  “The dollar is gradually losing its position, ducking other fiat currencies,” writes this authoritative agency, “All this is noticed by investors who are forced to switch to alternative assets.” Bitcoin has significantly more support now, which minimizes the likelihood of a pullback. Open interest in the CME bitcoin futures market has exceeded $1 billion for the first time in history, which also speaks of growing support from investors.
A similar point of view is followed by the American billionaire Paul Tudor Jones, head of Tudor Investment Corporation, who said that “cryptocurrencies are facing a crazy flight on a rocket with ascents and descents along the way.” “In 20 years, bitcoin will be significantly higher than the point where it is now. From here, the road for it lies north,” Yahoo! Finance quoted him.
But Galaxy Digital CEO Mike Novogratz is less optimistic. In his opinion, bitcoin will certainly not return to zero, but may fall to the $14,000 mark. Therefore, although the losses of investors will not reach 80-90%, they may well be about 30-40%.
The report of the fintech company Cindicator is of great interest. This is due to the fact that the figures presented in it are not the opinion of individual specialists, but the average results of the survey of more than 156,000 participants of the crypto market, according to which bitcoin next year will rise to $29,569. The respondents with the most accurate forecasts, the so-called "superforcasters", on average expect even greater growth, to $32,056. As for the lower bar, according to the average forecast, it is at $15,000. “Superforcasters” are less optimistic and expect a decline to $12,000.
Cindicator's “hybrid intelligence”, which uses machine learning algorithms to process data from a team of analysts, predicts similar values, only in a narrower range. According to its calculations, the BTC rate next year will not exceed $25,222 and will not fall below $16,000. At the same time, the total capitalization of the cryptocurrency market in 2021 with a probability of 80% will surpass the 2018 record of $828 billion.
In addition to institutional investors, additional serious support for the crypto market in 2021 should be provided by countries with troubled economies and those under sanctions. As of now, the SWIFT International Banking System, together with the Financial Crimes Agency (FinCEN) and the Financial Anti-Money Laundering Development Group (FATF), control each international transaction in dollars. Because of this, the countries that have come under the sanctions are deprived of the opportunity for international trade and are literally forced to turn to cryptocurrencies. So, for example, Venezuela, which at first paid in gold, has now switched to settlements for imports with Turkey and Iran in bitcoins. At least this is evidenced by anonymous sources from the Central Bank of this country.
Here you can find some general answers to the most common questions about cryptocurrencies. https://nordfx.com/promo/bsc.html?id=972795

SandraTrader

  • Garden Hero
  • Novice
  • *****
  • Posts: 30
  • Karma: +0/-0
    • View Profile
Re: Market Analysis
« Reply #1 on: December 28, 2020, 09:34:23 PM »
Forecast 2021: Is Bitcoin Worth Investing In?
Is it the "gold of the XXI century" or a soap bubble about to burst? We have repeatedly discussed the advantages and disadvantages of bitcoin over the past year,  and analyzed the reasons for its ups and downs. Therefore, we decided to cite only the opinions of experts regarding the prospects for the main cryptocurrency in this review.

You may decide to be patient and invest in bitcoin for a long-term profitability. Or, on the contrary, you do not want to take risks and prefer to forget this word altogether. In general, the decision to buy, sell bitcoin or simply do nothing is always yours.

Optimists' predictions:
1. Bestselling author of Rich Dad Poor Dad and entrepreneur Robert Kiyosaki is convinced that cryptocurrency will continue to rise to $50,000 next year amid further influx of institutional money. The entrepreneur, having said that “America is in trouble”, precludes the “death” of the US dollar and a “bright future” for gold, silver, bitcoin.

“Bitcoin's rise has outpaced gold and silver,” he wrote. - What does it mean? This means that you need to buy as much bitcoin and precious metal as you can and don't put it off. The train is already leaving. The dollar is dying. When the dollar falls, the price doesn't matter anymore. What matters is how much gold, silver and bitcoins you have.”

2. According to analysts at the JPMorgan Chase banking holding, bitcoin outperforms gold as an alternative currency and has a significantly better chance of continued growth. According to their report, the capitalization of the crypto market is not large enough yet. JPMorgan estimates that the physical gold market, including ETF backed by it, is $2.6 trillion. Bitcoin needs to hit the $130,000 mark to catch up with the precious metal in this respect.

According to JPMorgan Chase, institutional investors can invest up to $600 billion in the first cryptocurrency in the coming years. This requires American, European and Japanese insurance companies and pension funds to invest only 1% of their assets in bitcoin. However, at the moment there are still regulatory requirements for the selection of investment assets in terms of risks and performance of obligations for such traditional investors. This can limit the amount of funds available for buying BTC.

3. The well-known Dutch cryptanalyst PlanB, who developed the popular BTC stock-to-flow valuation model, believes that the price of the reference cryptocurrency may rise to $100,000 by the end of 2021, and maybe up to $300,000. PlanB admits his forecast sounds extremely optimistic. However, the rise in the price of bitcoin in the past allows him to make such predictions.

The expert notes that during periods of market corrections, the algorithms of bitcoin whales pick up hundreds of portions of 0.01 BTC from "weak hands". Later these coins “disappear” in “deep” cold vaults. This leads to a supply shock and triggers a bull market.

Pessimists' Predictions:
1. Despite the optimism in general, Galaxy Digital CEO Mike Novogratz believes that bitcoin instability can be expected in the near future. Its price in 2021 will certainly not return to zero, but could fall to the $14,000mark, or even $12,000. Although a correction to such levels is unlikely, investors need to be prepared for losses of 30-40%.

2. According to the average forecast of fintech company Cindicator, the lower bar of the trading range for the BTC/USD pair in 2021 will be at the level of $15,000. “Superforcasters” are less optimistic and expect a decrease to $12,000, and according to the calculations of “Hybrid Intelligence” Cindicator, the bitcoin rate will not go down next year below $16,000.

3. Matt Maley, strategist at financial services firm Miller Tabak, believes the cryptocurrency market will face a major setback next year. According to him, the main coin may fall in price by about 25-30 percent in the first months of 2021. According to Maley, the market is overheated due to large-scale investments, which is why corrections by one or several thousand dollars may become a norm.

Here you can find some general answers to the most common questions about cryptocurrencies.https://nordfx.com/promo/bsc.html?id=972795
« Last Edit: December 28, 2020, 11:51:18 PM by SandraTrader »

hair

  • Garden Hero
  • Legendary
  • *****
  • Posts: 1632
  • Karma: +2/-0
    • View Profile
Re: Market Analysis
« Reply #2 on: December 28, 2020, 09:41:57 PM »
Trading really requires analysis and understanding of price movements in the market. otherwise we will lose money

Bitgarden@29

  • Garden Hero
  • Sr. Member
  • *****
  • Posts: 388
  • Karma: +1/-0
    • View Profile
Re: Market Analysis
« Reply #3 on: December 29, 2020, 05:01:09 AM »
Trading really requires analysis and understanding of price movements in the market. otherwise we will lose money
Ethereum and Bitcoin market now rising at rocket launching speed.
               ▄         ▄▄
               ▀    ▄█
      ▄     █▀   ▄▄     ▄▄   ██   ▄▄
      ▀          ▀▀     ▀▀
     ▄▄   ██▀  ▄▄   ██▄  ▄▄   ▄█▄   ▄
     ▀▀        ▀▀▀       ▀▀▀       ▀▀
 ▄    ▄▄▄  ███  ▄████████▄  ███   ▄    ▀▀
       ▀       ████████████▄      ▀▀
   █▀     ██▄ ██████████████  ██     ▄█
      ▄▄▄     ▀████████████▀      ▄
 ▄▄    ▀   ███  ▀████████▀  ███  ▀▀▀    ▀
     ▄▄        ▄▄   ▀▀   ▄▄        ▄▄
     ▀    ██   ▀▀   ██   ▀▀   ██   ▀▀
                ▄▄     ▄▄          ▄
       ▀   ██   ▀▀     ▀▀    █     ▀
                    ██
                ▀         ▀▀
   
SolarBlox
crypto solar mining
              
   ▀▄▄     ▀      ▄█
     ▀ ▄███████▄▄▀
     ▄████████████
▀▀▀▀ █████████████  ▀▀▀▀
      ▀██████████▀
    ▄█  ▀▀▀▀▀▀▀  ▀▄▄
   ▀       █       ▀
           ▀

              ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄
           ▄▄██████▀▀▄▄██████▀ ▄████████▀
          ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀
      ▄███████▀ ▄███████▀ ▄████████▀
   ▄███████▀ ▄███████▀ ▄████████▀
                    ▄▄▄▄
                    ████
   
Crypto Mining using Solar
energy
as substitute
energy sources
   
          ▄▄▄█████████▄▄▄
      ▄▄████▀▀▀▀▀▀▀▀▀▀▀████▄▄
    ▄███▀▀               ▀▀███▄
  ▄███▀                     ▀███▄
 ▄███              ▄▄▄▄████   ███▄
▄███        ▄▄▄▄████▀█████▀    ███
████  ▄▄▄██████▀▀▀▄▄██████     ████
████   ▀▀▀██▀  ▄▄████████▀     ████
▀███       ▀▄ ███████████     ▄███
 ▀███       ███▀▀▀▀█████     ▄███▀
  ▀███▄      ▀       ▀▀▀    ▄███▀
    ▀███▄▄               ▄▄███▀
      ▀▀█████▄▄▄▄▄▄▄▄▄█████▀▀
          ▀▀▀▀███████▀▀▀▀
 
           ▄▄▄▄███████▄▄▄
       ▄█████▀▀▀▀▀▀▀▀▀▀█████▄▄
    ▄████▀▀               ▀████▄
  ▄███▀                      ▀███▄
 ▄███▀   ▄         ▄▄████▄▄▄   ███▄
 ███     ██▄▄▄    █████████▀    ███
████     █████████████████▀     ████
████     ▀▀███████████████      ████
 ███      ▀▀████████████▀       ███
 ▀███▄   ▄▄▄▄████████▀         ███▀
  ▀███▄    ▀▀▀▀▀▀           ▄███▀
    ▀████▄▄               ▄████▀
       ▀█████▄▄▄▄▄▄▄▄▄▄█████▀
           ▀▀▀▀██████▀▀▀▀
 
  
Metaverse
▬▬▬▬
 
NFTs

EcoArt
  ███




███
███████████████████████████████████████████████████████████

DOWNLOAD WHITEPAPER

███████████████████████████████████████████████████████████
███
  █
  █
  █
  █
███

hair

  • Garden Hero
  • Legendary
  • *****
  • Posts: 1632
  • Karma: +2/-0
    • View Profile
Re: Market Analysis
« Reply #4 on: December 29, 2020, 11:09:57 AM »
Ethereum and Bitcoin market now rising at rocket launching speed.
That's great news, are you sure that prices will increase until the new year?

Shahadot580

  • Sr. Member
  • ****
  • Posts: 354
  • Country: bd
  • Karma: +0/-0
  • Gender: Male
    • View Profile
Re: Market Analysis
« Reply #5 on: December 30, 2020, 12:42:36 PM »
Trading really requires analysis and understanding of price movements in the market. otherwise we will lose money
Ethereum and Bitcoin market now rising at rocket launching speed.
This halving special for bitcoin and Ethereum.
               ▄         ▄▄
               ▀    ▄█
      ▄     █▀   ▄▄     ▄▄   ██   ▄▄
      ▀          ▀▀     ▀▀
     ▄▄   ██▀  ▄▄   ██▄  ▄▄   ▄█▄   ▄
     ▀▀        ▀▀▀       ▀▀▀       ▀▀
 ▄    ▄▄▄  ███  ▄████████▄  ███   ▄    ▀▀
       ▀       ████████████▄      ▀▀
   █▀     ██▄ ██████████████  ██     ▄█
      ▄▄▄     ▀████████████▀      ▄
 ▄▄    ▀   ███  ▀████████▀  ███  ▀▀▀    ▀
     ▄▄        ▄▄   ▀▀   ▄▄        ▄▄
     ▀    ██   ▀▀   ██   ▀▀   ██   ▀▀
                ▄▄     ▄▄          ▄
       ▀   ██   ▀▀     ▀▀    █     ▀
                    ██
                ▀         ▀▀
   
SolarBlox
crypto solar mining
              
   ▀▄▄     ▀      ▄█
     ▀ ▄███████▄▄▀
     ▄████████████
▀▀▀▀ █████████████  ▀▀▀▀
      ▀██████████▀
    ▄█  ▀▀▀▀▀▀▀  ▀▄▄
   ▀       █       ▀
           ▀

              ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄
           ▄▄██████▀▀▄▄██████▀ ▄████████▀
          ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀
      ▄███████▀ ▄███████▀ ▄████████▀
   ▄███████▀ ▄███████▀ ▄████████▀
                    ▄▄▄▄
                    ████
   
Crypto Mining using Solar
energy
as substitute
energy sources
   
          ▄▄▄█████████▄▄▄
      ▄▄████▀▀▀▀▀▀▀▀▀▀▀████▄▄
    ▄███▀▀               ▀▀███▄
  ▄███▀                     ▀███▄
 ▄███              ▄▄▄▄████   ███▄
▄███        ▄▄▄▄████▀█████▀    ███
████  ▄▄▄██████▀▀▀▄▄██████     ████
████   ▀▀▀██▀  ▄▄████████▀     ████
▀███       ▀▄ ███████████     ▄███
 ▀███       ███▀▀▀▀█████     ▄███▀
  ▀███▄      ▀       ▀▀▀    ▄███▀
    ▀███▄▄               ▄▄███▀
      ▀▀█████▄▄▄▄▄▄▄▄▄█████▀▀
          ▀▀▀▀███████▀▀▀▀
 
           ▄▄▄▄███████▄▄▄
       ▄█████▀▀▀▀▀▀▀▀▀▀█████▄▄
    ▄████▀▀               ▀████▄
  ▄███▀                      ▀███▄
 ▄███▀   ▄         ▄▄████▄▄▄   ███▄
 ███     ██▄▄▄    █████████▀    ███
████     █████████████████▀     ████
████     ▀▀███████████████      ████
 ███      ▀▀████████████▀       ███
 ▀███▄   ▄▄▄▄████████▀         ███▀
  ▀███▄    ▀▀▀▀▀▀           ▄███▀
    ▀████▄▄               ▄████▀
       ▀█████▄▄▄▄▄▄▄▄▄▄█████▀
           ▀▀▀▀██████▀▀▀▀
 
  
Metaverse
▬▬▬▬
 
NFTs

EcoArt
  ███




███
███████████████████████████████████████████████████████████

DOWNLOAD WHITEPAPER

███████████████████████████████████████████████████████████
███
  █
  █
  █
  █
███

Shahadot580

  • Sr. Member
  • ****
  • Posts: 354
  • Country: bd
  • Karma: +0/-0
  • Gender: Male
    • View Profile
Re: Market Analysis
« Reply #6 on: December 30, 2020, 12:43:20 PM »
Ethereum and Bitcoin market now rising at rocket launching speed.
That's great news, are you sure that prices will increase until the new year?
Yes market will continue until 31 night.
               ▄         ▄▄
               ▀    ▄█
      ▄     █▀   ▄▄     ▄▄   ██   ▄▄
      ▀          ▀▀     ▀▀
     ▄▄   ██▀  ▄▄   ██▄  ▄▄   ▄█▄   ▄
     ▀▀        ▀▀▀       ▀▀▀       ▀▀
 ▄    ▄▄▄  ███  ▄████████▄  ███   ▄    ▀▀
       ▀       ████████████▄      ▀▀
   █▀     ██▄ ██████████████  ██     ▄█
      ▄▄▄     ▀████████████▀      ▄
 ▄▄    ▀   ███  ▀████████▀  ███  ▀▀▀    ▀
     ▄▄        ▄▄   ▀▀   ▄▄        ▄▄
     ▀    ██   ▀▀   ██   ▀▀   ██   ▀▀
                ▄▄     ▄▄          ▄
       ▀   ██   ▀▀     ▀▀    █     ▀
                    ██
                ▀         ▀▀
   
SolarBlox
crypto solar mining
              
   ▀▄▄     ▀      ▄█
     ▀ ▄███████▄▄▀
     ▄████████████
▀▀▀▀ █████████████  ▀▀▀▀
      ▀██████████▀
    ▄█  ▀▀▀▀▀▀▀  ▀▄▄
   ▀       █       ▀
           ▀

              ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄   ▄▄▄▄▄▄▄▄
           ▄▄██████▀▀▄▄██████▀ ▄████████▀
          ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀  ▀▀▀▀▀▀▀▀▀
      ▄███████▀ ▄███████▀ ▄████████▀
   ▄███████▀ ▄███████▀ ▄████████▀
                    ▄▄▄▄
                    ████
   
Crypto Mining using Solar
energy
as substitute
energy sources
   
          ▄▄▄█████████▄▄▄
      ▄▄████▀▀▀▀▀▀▀▀▀▀▀████▄▄
    ▄███▀▀               ▀▀███▄
  ▄███▀                     ▀███▄
 ▄███              ▄▄▄▄████   ███▄
▄███        ▄▄▄▄████▀█████▀    ███
████  ▄▄▄██████▀▀▀▄▄██████     ████
████   ▀▀▀██▀  ▄▄████████▀     ████
▀███       ▀▄ ███████████     ▄███
 ▀███       ███▀▀▀▀█████     ▄███▀
  ▀███▄      ▀       ▀▀▀    ▄███▀
    ▀███▄▄               ▄▄███▀
      ▀▀█████▄▄▄▄▄▄▄▄▄█████▀▀
          ▀▀▀▀███████▀▀▀▀
 
           ▄▄▄▄███████▄▄▄
       ▄█████▀▀▀▀▀▀▀▀▀▀█████▄▄
    ▄████▀▀               ▀████▄
  ▄███▀                      ▀███▄
 ▄███▀   ▄         ▄▄████▄▄▄   ███▄
 ███     ██▄▄▄    █████████▀    ███
████     █████████████████▀     ████
████     ▀▀███████████████      ████
 ███      ▀▀████████████▀       ███
 ▀███▄   ▄▄▄▄████████▀         ███▀
  ▀███▄    ▀▀▀▀▀▀           ▄███▀
    ▀████▄▄               ▄████▀
       ▀█████▄▄▄▄▄▄▄▄▄▄█████▀
           ▀▀▀▀██████▀▀▀▀
 
  
Metaverse
▬▬▬▬
 
NFTs

EcoArt
  ███




███
███████████████████████████████████████████████████████████

DOWNLOAD WHITEPAPER

███████████████████████████████████████████████████████████
███
  █
  █
  █
  █
███

ICOselector2018

  • Sr. Member
  • ****
  • Posts: 275
  • Country: pk
  • Karma: +0/-2
  • Gender: Male
  • Very much a simple trader.
    • View Profile
    • https://fx-list.com
Re: Market Analysis
« Reply #7 on: January 14, 2021, 04:34:24 PM »
I am a newbie in crypto but I am making real money using different strategies from Bitcoin Profit App. I always follow their dedicated team of professional traders and financial experts who offer high accurate trading signals with up to 89% accuracy on a daily basis exclusively for investors. Thanks to my friend Bob who told me about this very special and secure app.

WalletInvestor

  • Sr. Member
  • ****
  • Posts: 382
  • Karma: +0/-0
    • View Profile
    • WalletInvestor
Re: Market Analysis
« Reply #8 on: January 15, 2021, 06:52:31 PM »
I'm curious what will happen. So far, there's no crash in sight. Of course it is possible but to me it seems like the price will stabilise somewhere around the values of the past few days. Even though it is no longer increasing like it did, the price isn't clearly dropping either.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

[email protected]

  • Garden Hero
  • Hero Member
  • *****
  • Posts: 669
  • Karma: +0/-0
    • View Profile
Re: Market Analysis
« Reply #9 on: January 15, 2021, 07:13:49 PM »
We'll see. A correction will have to develop sooner or later, I think.

 

Bitcoin Garden 2013-2024, All rights reserved | Privacy Policy | DMCA | About Bitcoin Garden | Support & Services