Bitcoin ‘experts’ are often clueless. February 6, 2018. On Dec. 22, after Bitcoin began what has now become a 65% crash, analyst Tom Lee put out a note telling people to buy the dip: Fundstrat’s Tom Lee says he’s a buyer of the bitcoin pullback, now sees more than 35% gains from here “Here” was 5000 points ago. But then he doubled down (1/9/2018): Bitcoin could ‘easily double ... TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People A clueless Bitcoin is hanging between a booming DeFi craze and a choppy US stock market as it enters the new week. The benchmark cryptocurrency closed the previous weekly session marginally lower by 0.97 percent. A week before that, it rose by 2.52 percent. And another weekly session before it, the BTC/USD exchange rate plunged 0.47 percent. As one can tell, Bitcoin is going through a period ... Zugpferd Bitcoin konnte auf der Exchange Kraken die 5.000-US-Dollar-Marke knacken. Dort notierte BTC letztmalig im November 2018 so hoch. Ein Blick auf den Chart identifiziert den Startzeitpunkt des Run-ups: Dieser lag bei 6:30 Uhr mitteleuropäischer Zeit. Mittlerweile hat sich der Kurs wieder etwas konsolidiert und BTC notiert bei etwa 4.700 US-Dollar, je nach Datenquelle. Dass Bitcoin indes ... Chart of Bitcoin’s macro price action with Hash Ribbons from TradingView.com. This is important as the signal has preceded parabolic rallies in the price of BTC. Edwards found in an analysis published last year that the gain-to-peak of the indicator’s “buy” signals comes out to an average of 5,520%. Booming Fundamentals . The fundamentals are equally as bullish, analysts have said. As ...
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