- USD
- $10.0000USD
- Biznotes
- 0
This is pure fact, I really wonder does Bitcoin market obeys price action, it seems most of its users are trading on luck and peoples signal or copy trade.
You have a great point. Price predictions are helpful although but they also aren't accurate and one can make huge loss if he or she is just following these predictions very closely.Everyone who is into bitcoin should invest based on their initiative and not all these so-called predictions. The price of bitcoin can't be successfully predicted
I am also very optimistic about the price of BTC going very high this year even though so many glaring factors are trying to prove otherwise to us.They are saying one of the biggest things to happen in bitcoin market in 2021 will be bitcoin reaching $100,000 mark. I don't know if that will happen or not, but I see it growing very big
If El-Salvador was a strong hold of bitcoin and Crypto currencies activities there could have been huge spike in the price when the country adopted the coin as legal tender but we hope for better days ahead for cryptocurrencies.BTC have receive some positive news since El-salvador adopted BTC as its main currency for international and local transactions. The government is simply looking to make good use of BTC to bolster its country's economy.
Maybe its still early days for the adoption by the country. I believe when the $195 million investment have been injected into BTC through the president, that declared to offer $30 on airdrop for its adult citizens. Let's hope things get better around crypto, let their be more adoption.If El-Salvador was a strong hold of bitcoin and Crypto currencies activities there could have been huge spike in the price when the country adopted the coin as legal tender but we hope for better days ahead for cryptocurrencies.
That's a significant amount which could stir the market a bit because investment in billion of dollars is what cryptocurrency market need to recover significantly.Maybe its still early days for the adoption by the country. I believe when the $195 million investment have been injected into BTC through the president, that declared to offer $30 on airdrop for its adult citizens. Let's hope things get better around crypto, let their be more adoption.
You're right, the market needs billion investment to climb up again. But do you know if more countries can do like El-salvador. Surely we'll see the market improving, cos more funds will be pumped in.That's a significant amount which could stir the market a bit because investment in billion of dollars is what cryptocurrency market need to recover significantly.
I could say that most of those predictions where made because bitcoin was having a serious bull run last year not that others critical factors were taken into consideration but let's keep watching I just need the way to the year.There were many predictions about bitcoin in 2021 but sadly bitcoin has not really been rising as anticipated recently . The dip has been continuous and very discouraging.
The Crypto news i know that affect the price of cryptocurrency which started with bitcoin was when elon said mining bitcoin with electricity is not friendly.I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.
What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?
Well that true. I also saw predictions of this dip but ignored it due to the fact that bitcoin was showing great signs of continuous rise. Bitcoin needs to drag other coins.I could say that most of those predictions where made because bitcoin was having a serious bull run last year not that others critical factors were taken into consideration but let's keep watching I just need the way to the year.
I think his fault we should not always ignore the negative side of Bitcoin especially buying some analyst regardless the situation the coin might be at a time because obviously most people were very optimistic for the continuous growth and the price of Bitcoin because of the bull run it had last year.Well that true. I also saw predictions of this dip but ignored it due to the fact that bitcoin was showing great signs of continuous rise. Bitcoin needs to drag other coins.
I think Bitcoin fundamental analysis is more difficult than fundamental analysis on Stocks and Forex, because there are no financial reports like stocks or economic indicators on Forex. so we must be aware of big news that can cause volatility in the price of Bitcoin, here is the big news for prediction / analysis of Bitcoin prices in 2021
1. Many countries will tax Bitcoin covering the purchase profits and mining income. Clarity of these rules is very important for investors.
2. Financial institutions such as JPMorgan and Standard Chartered will enter the crypto world so that it will invite many new crypto investors.
What crypto big news do you know that you think will affect the price of cryptocurrency, especially Bitcoin in 2021?