Will BTC Mimic Gold’s 2004 Price Surge? Analyst Weighs In
A fresh perspective on Bitcoin has recently surfaced courtesy of prominent crypto enthusiast and YouTuber Lark Davis. Davis offers an interesting parallel
Read More
Golds
Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis
The next Bitcoin halving event is less than 9 months away and the consensus opinion among analysts and investors is that the halving will send BTC price to a new all time high or even above $100,000. Despite this belief, the absence of fresh inflow to the crypto market, the current
Read More
Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000 – Markets and Prices Bitcoin News
This week, Bloomberg Intelligence Senior Macro Strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a key ingredient to force the U.S. Federal
Read MoreBitcoin Doubling Gold’s Yearly Gain So Far
Amid unstable global financial conditions, Bitcoin continues its path as a juicy-looking hedge asset, based on its gains comparative to gold. Sitting at a press time price of $1,717 per ounce, gold has risen approximately 12% from the start of 2020, TradingView data showed. In the same time frame, Bitcoin boasts
Read More