Golden Chart | BTC Market Outlook
Golden Chart, Golden Chart | BTC Market Outlook Golden Finance, What do institutional representatives think of Bitcoin's repeated record highs?
JinseFinanceGolden Chart, Golden Chart | BTC Market Outlook Golden Finance, What do institutional representatives think of Bitcoin's repeated record highs?
JinseFinancePCE (another inflation measure) is starting to fall, setting the stage for the Fed to ease monetary policy. If this is the case, it would be good news for risk assets such as Bitcoin and Ethereum, according to Scott Galis.
JinseFinanceBitcoin’s price could rise by more than 400% relative to gold in the coming months, according to technical indicators shared by veteran analyst Peter Brandt.
JinseFinanceFor Bitcoin to have and maintain its status as gold, the total amount of fiat money must continue to grow, and at a rate far above normal trends.
JinseFinanceOne hedge fund manager said this period could last between one and six months, and sentiment will be most negative until the economy improves.
JinseFinanceThe World Gold Council forecasts continued uptrend in gold prices, citing geopolitical uncertainties and steady central bank acquisitions. Anticipates gold ETFs to drive future price increases, dismissing speculation of shift to Bitcoin ETFs.
Xu LinShiba Inu's potential 40% surge, as predicted by analyst Ali Martinez, hinges on maintaining resistance levels. The formation of a symmetrical triangle suggests a bullish breakout. Community engagement and development hints add to SHIB's momentum. However, a drop below support levels could invalidate this bullish scenario.
Cheng YuanAnalysts predict Bitcoin to surge to $88,000, although the current price is slightly lower, the market remains optimistic. Additionally, Ethereum shows strong performance, but analysts maintain a cautiously optimistic stance regarding the approval of the Ethereum spot ETF.
SanyaCrypto strategist Rekt Capital predicts a parabolic surge for Bitcoin, correlating with past cycles. Cautioning a potential correction, he emphasizes the importance of the upcoming halving event and specific market structures for altcoins.
Cheng YuanAnalyst Seyffart's cautionary stance underscores the potential challenges of achieving a $100 billion inflow into Bitcoin, emphasizing the need for measured expectations in comparison to established markets like gold.
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