A recent reversal in the return premium of ETH vs. ETC due to buying by Bitcoin holders means that ETC now looks exceptionally cheap.
Dorsey’s bullish outlook for the long-term price action of Bitcoin borders on the collaborative nature of its ecosystem.
Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans.
TechDev’s prediction appears to be a little modest compared to other known commentators in the crypto market.
Historically, BTC does have a rally before its halving occurs. However, the most certain part of the halving is the rally that comes after the event.
Crypto traders appear to be shrugging off the heat from crypto regulators as well as other macroeconomic headwinds.
Bill Barhydt, CEO of crypto exchange Abra, predicted that Bitcoin has a good chance of hitting $100,000 in 2022.
On Thursday, March 4th, Bitcoin is correcting after a phase of growth. It is generally trading at $49,500 USD.
Bitcoin is stable after a volatile Wednesday and mostly trading at $51,220.
On Thursday morning, February 4th, BTC keeps growing, generally trading at $37,783.
On Thursday, January 28th, Bitcoin (BTC) is slightly rising, trading at $31,213.
On Thursday, the leading cryptocurrency keeps correcting, declining to $34,738 USD.
Bulls continue supporting Bitcoin at the time of descending corrections.
On Thursday, December 10th, BTC is correcting, trading at 18,478 USD. This is a pause to put your nerves “in order” – you will definitely need them later.
On Thursday, November 26th, Bitcoin is correcting after its rally reached a peak this week. It is generally trading at 16,733 USD with a high of 19,490 USD.
On Thursday, November 19th, the BTC rate stabilized after a rally which, however, does not seem to be over yet. The coin is chiefly trading at 17,658 USD, while yesterday’s peak was 18,483 USD. The price of the leading cryptocurrency has been growing for several weeks, pausing from time to time to find a balance point.