Nouriel Roubini, one of the most prolific cryptocurrency critics, has not even thought of Bitcoin, which recently rallied to its maximum level. The Turk-born American economist, one of the few persons who correctly predicted the global ?? financial crisis in the late 2000s, has lately brought out many reasons why he remains a crypto dissenter. Roubini writes that Bitcoin cannot serve either as money or a standard of value. Over and above, he has argued that the large cryptocurrency does not lend itself to being used for paying because of the inadequacy of its scalability. Bitcoin might be winning some…
Author: Ali Raza
Bitcoin has surpassed $96,000 and is gaining thematic steam as several foresee the inevitable $100,000 target. Investigate the driving factors and what the future holds for a digital asset such as this one. Bitcoin went beyond $96,000 and got noticed worldwide when it was almost close to $100,000 just in the last few weeks. The tornado of price increase of cryptocurrency worries the analysts, traders, and investors that are still occupied by Bitcoin with future and growth drivers. Bitcoin is nearing its $100K, and the article describes Bitcoin’s rise as get ready to rock-are you in? Bitcoin rising why? Bitcoin’s…
Schiff does not claim to be the sole predictor of the Bitcoin crisis, but he does suggest one possibility. Learn why the economist expects Bitcoin’s value to drop and how it will affect investors. Bitcoin, the future money, is experiencing major disruptions. In this unstable economy, famed economist and Bitcoin hater Schiff predicts another price crash. Schiff’s crypto comments have again captivated crypto aficionados and finance experts, but his mistrust remains. Peter Schiff’s statement, BTC perception, and crypto crash likelihood will be investigated in this article. Such in-depth analysis will benefit Bitcoin investors and digital currency enthusiasts. Famous economist and…
Bitcoin, the cryptocurrency due to market capitalization, is well known for its volatility. Approaching 2024, economists used the financial sector to carefully analyze macroeconomic indicators to forecast its price path. Among the main aspects of the three is the M2 money supply, which is the total sum of the money available in the economy such as cash and checking deposits as well as money that can easily be converted into cash. Bitcoin may Decline, Analysts don’t shy away from saying that if the M2 money supply is stable or shrinks, Bitcoin may lose a large amount of money by up…
Bitcoin (BTC), which is the most popular cryptocurrency in the world, has once more become the center of media attraction because of its unusually high fluctuations in price. BTC saw a minor 0.05% decline after quickly reaching an incredible $98,000. Such sudden shifts indicate that the whole cryptocurrency market is unstable. Newbies and veterans are wondering the same thing as BTC’s $98,000 rise draws the crypto world’s attention: Where does the sharp increase come from, and what does it mean for Bitcoin in the ever-evolving cryptocurrency market? Find out the reasons behind BTC’s $98,000 spike and the possible future events…
The Trump-led crypto revolution is changing the world of finance, globally. Britain might consider creating a Bitcoin Reserve in case this transformation is real. Virtual currencies are dramatically altering the worldwide financial structure. Bitcoin took the initiative and digital coins became very common last year. Bitcoin, the top currency, is increasing in value as investors, governments, and financial institutions sit up and take notice. The ex-president of The United States of America, Donald Trump, a man who both unites and divides people, has very lately taken a rather surprising stance, which is displacing the crypto-friendly ones, one of which he…
Rich Dad Poor Dad author Kiyosaki’s Bitcoin prophecies have shaken the financial world. In 2024, Kiyosaki forecasted that Bitcoin would be valued at $500,000 2025 and $1 million by 2030, attracting crypto-lovers. For years, Kiyosaki believed Bitcoin could help alleviate economic issues, including inflation and market instability. He holds and believes in Bitcoin, Ethereum, and Solana. According to Kiyosaki, Bitcoin can fight macroeconomic inflation. Another contentious idea is that using Bitcoin as a reserve asset is good, and Kiyosaki may be lucky to witness its dawn. Kiyosaki, author of “Rich Dad Poor Dad,” said the prediction is hypothetical but reflects…
The leading cryptocurrency is still below the much-desired $100,000 threshold, but it calms the market environment. Despite price stability during episodes of market volatility, industry experts and many enthusiasts believe that the asset is on the verge of the most coveted six-figure mark. Nevertheless, hitting the level of $100,000 is filled with obstacles, such as regulatory ambiguities and varying investor preferences. Bitcoin Price Eyes More Upsides Bitcoin price remained supported above the $92,500 level. BTC formed a base and started a fresh increase above the $96,000 level. It cleared the $97,500 level and traded to a new high at $99,650…
Although BTC seems to have difficulty reaching or breaking through $100,000, technical indicators may soon project a lower price correction. There was good general euphoria after Bitcoin power soared to a new record high at $99,000. The markets, albeit, were in suspense about whether the asset was going to cover the six-digit places, supported by solid fundamentals like continued buying pressure and post-election optimism. Thus, these are the key Fibonacci levels that could be reached, along with the negative targets of $91,583 at minimum or even $85,610. Nevertheless, it’s not all doom and gloom for Bitcoin because the first cryptocurrency…
Bitcoin has surged above the significant $70,000, $85,000, and $99,000 levels. The EMAs indicate a robust bullish trend, with the 50-day moving average lying above the 100- and 200-day line EMAs. On the other hand, the RSI has reached the 82 thresholds that would mean overbought conditions that might be followed by a short-term correction. Even though there are risks, Bitcoin trading volumes are still high, which means that both small and institutional investors are optimistic about the recovery. However, Schiff has also warned that MicroStrategy’s high leverage makes the company’s future uncertain, and the Bitcoin rally may not last…