Category: Bitcoin
The analysis published under this category are as follows.
Saturday, November 04, 2023
Bitcoins FINAL Correction? / Currencies / Bitcoin
By: Nadeem_Walayat
Why is the bitcoin price falling if we are trending towards the SEC approving bitcoin etf's i.e. black rock?
I smell dark pools of capital at work engineering favourable price action to accumulate into. This could be the FINAL bitcoin dump before we wake up to a bull market to NEW ALL TIME HIGH's .during 2024 How low? maybe fall to 20k.... I will be scaling in as low as it goes, for the X4 to X5 payoff.
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Saturday, January 21, 2023
Bitcoin FTX Crime Scene CAPITULATION! / Currencies / Bitcoin
By: Nadeem_Walayat
Ai Stocks Portfolio
A quick look at the current state of my portfolio which is now 88.5% invested after arrival of approx 5% of fresh cash and after I sold all of my NBIX holding given that it earlier retreated from a multi year high, and that it tends to trade within a range of $125 to $76. I have update the table to indicate when columns were last updated. I have also replaced the beta column with something more useful called Future Growth (1-10), which is basically how I see the COMPANY doing in terms of future growth potential where 10 is the highest and 1 is the lowest, note this does not mean that the stock prices will match growth potential due to a myriad of factors such as sentiment, valuation and politics, but it gives insight into the underlying prospects for the businesses where the two stocks that score 10 are AMD and TSMC which is why I am heavily invested in both and don't fret about stock price drops in either as recently experienced because the underlying businesses have huge long-term future growth potential. Stocks that score 9 are Nvidia, Facebook, ASML and IBM, which again means I am not too phased by what we recently witnessed with the likes of META and and Nvidia, stock prices rarely reflect the actual state of the underlying business as they oscillate between extreme fear and extreme FOMO as illustrated when one watches the Cartoon Network (CNBC).
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Wednesday, July 20, 2022
Bitcoin Scams to Be on the Lookout For / Currencies / Bitcoin
By: Steve_Barker
Crypto scams are on the rise, with CNBC reporting that in 2021 "a record $14 billion" was snatched by cyber criminals in all sorts of ways!
Bitcoin scams are a major part of the fraud that's been happening in recent years. This makes sense since Bitcoin has the largest market cap by far more than any other cryptocurrency.
In this guide, we'll delve into the shady world of Bitcoin and crypto scams. Read this article in full to get the lowdown on everything you should look out for and aim to avoid in terms of crypto scams!
Saturday, June 25, 2022
Who (or What) Is Really in Charge of Bitcoin's Price Swings? / Currencies / Bitcoin
By: EWI
Bitcoin lost three-quarters of its value since November. "Market fundamentals" have lost control of its trend. But something else has been at the wheel the whole time.
I'm not ashamed to admit I have the technological intelligence of an Eggo waffle. So, when my computer bugged out the other day, I called the IT department at work. The tech wizard on the other end showed me to a webpage where I had to click a box that read: "Consent to Control." From that point, the IT guy was able to hack into my laptop, find the source of the glitch, and remedy the problem.
As I sat there watching my cursor move around the monitor on its own, clicking tab after tab as if by some phantomlike force, I thought,
"Holy moly, this is the virtual screenshare of mainstream financial wisdom."
Summarized as such: External forces known as "market fundamentals" operate prices remotely. Positive fundamentals cause the price "cursor" to rise, while negative news and events trigger selloffs. And investors? They have little choice but to "consent" to this outside control.
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Wednesday, May 11, 2022
Is Bitcoin Headed to Zero? / Currencies / Bitcoin
By: EWI
"40% of bitcoin investors are now underwater"
Charlie Munger is Berkshire Hathaway's co-chairman, and on April 30 at the firm's shareholder meeting, he said:
[Bitcoin] is stupid because it's very likely to go to zero.
Berkshire Hathaway chairman Warren Buffet also expressed a negative sentiment toward the cryptocurrency.
Bitcoin's recent price action appears to support the views of the two billionaire investors, at least at this juncture.
Here's a CNBC headline from the evening of May 9:
Bitcoin dips below $30,000, drops more than 56% from its all-time high
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Saturday, April 09, 2022
What to Make of the Bullish Resilience of Bitcoin / Currencies / Bitcoin
By: EWI
"A corrective pattern is countertrend to the larger trend in force"
Every time an obituary is written for Bitcoin, the granddaddy of cryptocurrencies manages to resurrect.
As a Jan. 25 CNBC headline noted:
Investors fear 'crypto winter' is coming as bitcoin falls 50% from record highs
The day before that headline published, Bitcoin had briefly dipped below $33,000, far below its November high of nearly $69,000. At that time, the entire crypto market had shed roughly $1 trillion in value since that all-time high in Bitcoin. Also around that time, Russia's central bank had proposed banning the use of cryptocurrencies.
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Wednesday, March 16, 2022
Bitcoin Jumps 9%: Is This Executive Order the Reason? / Currencies / Bitcoin
By: EWI
Here's what our "wave model" suggested for Bitcoin before the rally
Bitcoin and other cryptocurrencies surged higher on March 9.
CNBC provided this explanation (March 9):
Bitcoin and other cryptocurrencies were higher on [March 9] after President Joe Biden announced his highly anticipated executive order on digital assets that appeared to take a supportive stance toward the industry.
The basic message of the executive order focuses on development of the crypto market as opposed to unrealistic regulations.
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Monday, December 27, 2021
Crypto's, Bitcoin on Cusp of BreakOut Trend Trigger to All Time Highs, BTC $100k Alt Coins Higher / Currencies / Bitcoin
By: Nadeem_Walayat
The crypto markets from Ethereum to Cardano to Polka dot right down to Ravencoin are at the cusps of breaking a significant trend triggers that would set them on course to new all time highs, of course led by the number 1 crypto that they are all leveraged to BITCOIN! How high could BTC go ? $100k all within a couple of months with far higher targets for the alt-coins. Find out why in my latest crypto video posted BEFORE the breakout moves take place..
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Monday, November 22, 2021
Why BITCOIN NEW ALL TIME HIGH Changes EVERYTHING! / Currencies / Bitcoin
By: Nadeem_Walayat
Crypto Portfolio Current State
So far the crypto markets have managed to dodge the black swan bullets and so I hold ZERO of the two largest market cap crypto's, Bitcoin and Ethereum. Instead what had fallen to deep discounts have been the Alt coins, though again not to the extent where I would have piled in head first hoovering up huge amounts of crypto's as the current state of my crypto portfolio illustrates where even the crypto I have been banging on about all year Ravencoin is just scratching the surface at about 12% of my target holding, the table lists crypto's in order of my target $ position size.
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Monday, October 25, 2021
Is Bitcoin a Better Inflation Hedge Than Gold? / Currencies / Bitcoin
By: MoneyMetals
Gold and silver markets continue to gather upside momentum as inflation pressures spread throughout the economy.
Metals markets may be starting to reflect broader inflation trends that are manifesting in higher prices for almost everything. These price increases faced by businesses and consumers are showing no signs of letting up, despite the Federal Reserve line that they are “transitory.”
Billionaire hedge fund manager Paul Tudor Jones weighed in on the inflation threat during an appearance on CNBC this week.
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Friday, October 22, 2021
Bitcoin $100K or Ethereum $10K—which happens first? / Currencies / Bitcoin
By: Stephen_McBride
What happens first… bitcoin to $100k or Ethereum to $10k?”That’s one of the many questions I get about crypto.
Bitcoin (BTC) and Ethereum (ETH) are far and away the two largest cryptos, worth roughly $1.4 trillion combined.
They’ve skyrocketed in value. If you had invested five hundred bucks into both cryptos five years ago, you’d be sitting on $180,000.
Today, bitcoin is roughly $55,000 per coin. Ethereum trades for around $3,500. My research shows both should continue to rise.
But which will hit their big milestone first?
Will bitcoin hit $100K—which is roughly double from here?
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Tuesday, October 12, 2021
Bitcoin Rockets In Preparation For Liftoff To $100,000 / Currencies / Bitcoin
By: Submissions
By Jason Appel - In my September article updating expectations and possibilities for Bitcoin to reach $100k, three paths were discussed that detail various perspectives for the near-term in Bitcoin (BTC-USD) on its way to $100k.
In this article, we will review the various paths presented in the September article, and reconcile the present action to find which of the scenarios appears most likely.
From the September article:
Three potential regions to catch price on the coming drop:
Black Count: In this count, we consider the prospect that the lows are in. Pullbacks are buying opportunities. Based on the low and high of the rally structure in question, our first region to watch ranges from approximately $36k-$42k. Should price form a symmetrical 3 wave move from the September 6th high into the aforementioned region and strongly bounce, we will have some additional evidence that the decline is complete and price is on its way to $100k+. Confirmation of this count displayed in black notation will ultimately confirm by price maintaining above $36k and breaking out above the September 6th high. Alternatively, should the price make a sustained break below the $33,600 region, we have a strong signal that lower lows are incoming.
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Tuesday, October 05, 2021
Will China's Crackdown Send Bitcoin's Price Tumbling? / Currencies / Bitcoin
By: EWI
July 2: "Bitcoin [is] at or near the end of [an Elliott wave] correction"
In early September, bitcoin hit a price level near $52,000 -- however, since then, the price has trended lower.
Indeed, on September 24 alone, the price of the cryptocurrency fell 5%.
The financial press pinpointed a supposed "cause":
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Wednesday, September 08, 2021
Bitcoin BTC Price Detailed Trend Forecast Into End 2021 / Currencies / Bitcoin
By: Nadeem_Walayat
Today is your lucky day for you gain FULL access to my original full spectrum analysis of the crypto markets that was first made available to Patrons who support my work, of what I expect to happen going into the end of 2021 in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets such as USDT stable coin. Furthermore in this video you are going to get an update of where the Bitcoin price stands in terms of my trend forecast and thus what is likely to happen next during September and for the remainder of this year.
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Saturday, September 04, 2021
Bitcoin Bear Market Trend Forecast 2021 and Model Crypto Portfolio Buying Levels / Currencies / Bitcoin
By: Nadeem_Walayat
Today is your lucky day for you gain FULL access to my original full spectrum analysis of the crypto markets that was first made available to Patrons who support my work, of what I expect to happen into the end of 2021 in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets such as USDT stable coin. Furthermore you get an update of where Bitcoin price stands in terms of my trend forecast and thus what is likely to happen next.
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Friday, September 03, 2021
Bitcoin BTC Elliott Wave, Price Patterns and Trend Analysis Forecasts / Currencies / Bitcoin
By: Nadeem_Walayat
This is my latest video based on my extensive full spectrum analysis of the crypto markets, of what I expect to happen over the next 6 months in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets where Stable Coins such as USDT are what could be imminent catalysts for.
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Friday, August 20, 2021
Crazy Crypto Exchanges - How to Buy Bitcoin for $42k, Sell for $59k when BTC trading at $47k! / Currencies / Bitcoin
By: Nadeem_Walayat
The Crazy Crypto Wild Wild West Markets continue to offer unique trading apprentices, literally crazy opportunities such as being able to but Bitcoin for $41k and Sell for $59k whilst the price is trading at $47k! How? Find out in my latest crazy crypto wild wild west exchange trading video.
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Wednesday, August 18, 2021
Bitcoin (BTC) Buying Levels - My Crypto Market Investing Strategy / Currencies / Bitcoin
By: Nadeem_Walayat
1. BTC & ETH - My primary focus will be on building positions in BTC and ETH that will target approx 80% of my crypto portfolio, the balance spread between a number of Alt Coins such as Cardano and Pokadot.
2. Hold BUSD and USDC - In advance of buying crypto's I am funding my accounts (mainly Binance) with approx 50% of my target position size to as to capitalise on a high GBP exchange rate, converting into BUSD and USD whilst also correcting my initial error of holding USDT.
3. Place limit orders on approx half of the funds on account across the target crypto's in relatively nearby levels compared to the more distant levels i.e. BTC $21,500 and ETH $1400. Whilst my initial limit orders are far distant from the actual crypto prices as I am anticipating a decline in prices. However over time my orders will gravitate towards being nearer to the actual spot price i.e. over the next 6 months and where I could even be buy crypto at spot rather than with limit orders depending on what transpires over the remainder of this year due to various dynamics such as the Ravencoin halving due in Jan 2022 etc in advance of which I want to have a significant holding of raven coins.
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Saturday, August 14, 2021
Bitcoin Price Trend Analysis / Currencies / Bitcoin
By: Nadeem_Walayat
Dear Reader
This is part 4 of 5 of my extensive full spectrum analysis of the crypto markets, of what I expect to happen over the next 6 months in terms of a Bitcoin price trend forecast, and the strategy I am deploying to capitalise on as well as 5 potential black swans that could collapse the crypto markets where Stable Coins such as USDT are what could be imminent catalysts for.
Part 1 Investing in the Tulip Crypto Mania 2021,
Part 2 Bitcoin Halvings Price Forecast and Stock to Flow Analysis)
Part 3 Bitcoin, Crypto Market Black Swans from Google to Obsolescence
Bitcoin Bear Market Trend Forecast 2021 and Model Crypto Portfolio Buying Levels
Topics covered in this analysis:
- Investing in the Tulip Crypto Mania
- Bitcoin Price Trend Forecast Review
- Lessons Learned
- Cathy Crypto Wood's View on Bitcoin
- BITCOIN HALVINGS TREND TRAJECTORY
- Stock to Flow Infinity and Beyond!
- Bitcoin, Crypto's and the Inflation Mega-trend
- Black Swan 1 - Will Crypto's Get Banned?
- Black Swan 2 - GOOGLE
- Black Swan 3 - USDT Tether Un-Stable Coin Ponzi Schemes!
- BLACK SWAN 4 - Bitcoin 51% Network Attack by China?
- Black Swan 5 - Bitcoin is Already Obsolete
- US Trending Towards Hyperinflation
- BITCOIN TREND ANALYSIS
- Bitcoin Bear markets analysis - How low could she blow?
- Bitcoin Trend Forecast
- Bitcoin Long-term probable Next bull market price target
- Alternative Scenarios
- My Crypto Bear Market Investing Strategy
- Crypto 1 - Ethereum (ETH) $2600
- Crypto 2 - Bitcoin $40,375
- Crypto 3 - Ravencoin $0.078
- Crypto 4 - Cardano $1.59
- Crypto 5 - Pokadot $25
- Crypto 6 - ChainLink $26
- Crypto's 7 to 10
- Creating The Perfect Crypto
- How to Invest in Crypto Without Getting SCAMMED
- CHIA SCAM COIN
- Binance vs Coinbase
- Have ARK Invest Funds Bottomed?
Thursday, August 12, 2021
Bitcoin BTC Trend Analysis / Currencies / Bitcoin
By: Nadeem_Walayat
Bitcoins price action during the first half of 2021 was a classic distribution pattern that had the smart money (you and me) SELLING out of Bitcoin and other crypto positions.
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