En viktig ny rolle for verdens første kryptovaluta som en inflasjonsmåler – eller bare en annen fantasi av Bitcoin-maksimalister?

Hele midten av mars mottok mange amerikanere stimulansjekker fra regjeringen, og mens betalingene – $ 1400 for hver amerikansk statsborger som tjener mindre enn $ 80 000 årlig – vil være en velsignelse for millioner i desperate økonomiske vanskeligheter som et resultat av COVID-19-krisen , den har igjen hevet inflasjonens spøkelse.

Og som med mange andre ting, har også dette en Bitcoin ( BTC ) vinkel

15. mars foreslo Galaxy Digital-sjef Mike Novogratz på NBCs Squawk Box en ny rolle for Bitcoin i lys av nylige stimuleringstiltak – som „et rapportkort for hvordan innbyggerne tror regjeringen gjør det som styrer økonomien.“ Hvis folk tror at USAs finansminister Janet Yellen et. al. kan trygt lande denne „gigantiske supertankeren“ som er finanspolitisk og monetær stimulans, sa Novogratz, så „folk vil slutte å flytte inn i Bitcoin Future.“ Men foreløpig „befinner vi oss i ukjente områder i hvor mye penger vi skriver ut, og Bitcoin er et rapportkort om det.“

Podcaster Preston Pysh oppfordret noe lignende noen dager tidligere som svar på nyheten om at det amerikanske representanthuset hadde passert $ 1,9 billioner COVID-hjelpepakken: „Tenk på #Bitcoin som en manipulasjonsmåler.“

Hva er det man kan gjøre av dette? En ny og spennende brukstilfelle for verdens første kryptovaluta – altså som et slags tilbakemeldingsverktøy for pengepolitiske beslutningstakere? Eller bare en annen fantasi av Bitcoin-maksimalister?

„Ingen bevis“ for at Bitcoin er en hekk

David Yermack, professor i finans ved New York Universitys Leonard N. Stern School of Business, avviste forestillingen om at BTC kunne fungere som et „rapportkort“ for regjeringer, og sa til Cointelegraph: „Det er ingen bevis for at Bitcoin gir en sikring mot bevegelser i suveren valuta. ” Han la til at „når man ser på store prøver for forskningsformål, har det vært svært vanskelig å finne bevis i en statistisk streng forstand.“

Bitcoin er altfor upresis av et mål, sier andre. Hvis inflasjonen stiger 2,4% i løpet av året, som Federal Reserve nylig forutså , vil BTCs pris også stige 2,4% – eller noe konstant multiplum derav? Eller omvendt, hvis Fed strammer opp pengemengden og reduserer inflasjonen, vil BTCs pris også falle i takt? BTC må i utgangspunktet være sterkt korrelert med inflasjonen for å være nyttig som tilbakemeldingsverktøy, og det virker usannsynlig.

„Økningen av likviditet fra Fed har ført til gevinster i praktisk talt alle større aktivaklasser, med noen rene spekulative skuespill som Bitcoin som drar nytte av enda mer,“ sa Eswar Prasad, professor i økonomi ved Cornell University og senior stipendiat ved Brookings Institution. Cointelegraph, og legger til:

„Det er lite sannsynlig at Bitcoin-priser vil bli sett på som en pålitelig guide for noe slag for pengepolitikken, spesielt siden det handles i et relativt tynt marked som virker gjenstand for manipulasjon og spekulative bølger.“

The Purpose Investments Bitcoin Exchange Traded Fund (ETF) reached $ 624 million in value in just nine days.

The ETF passed the $ 400 million AUM mark just two days after it launched on February 18.

The fund has currently amassed 10,064 BTC. It is traded under the tickers „BTCC.B“ and „BTCC.U“. The former is the Canadian dollar denominated fund and the latter is the US dollar denominated ETF.

Bitcoin: Purpose Bitcoin ETF Holdings by Glassnode

Purpose’s Bitcoin ETF is the first in the world to be backed by physically settled BTC. The ETF is registered in Canada and is traded on the Toronto Stock Exchange.

Purpose Investments will be the manager of the ETF, with Ether Capital Corporation acting as special advisor. Ether Capital is a platform that enables public market investors to gain exposure to Ethereum and the Web 3 ecosystem.

The Bitcoin ETF Price War

Just a day before Purpose’s Bitcoin ETF fund launched on February 18, Canada’s Ontario Securities Commission (OSC) approved Evolve’s second North American publicly traded ETF.

Evolve’s Bitcoin ETF is also traded on the Toronto Stock Exchange under the ticker “EBIT” and “EBIT.U”. He currently only has $ 38.24 million in BTC under AUM, which is negligible compared to Purposes AUM of $ 624 million.

To break into Purpose’s market share in the Bitcoin ETF market, Evolve started a price war by lowering the price of its EBIT Bitcoin ETF from 1% to 0.75%. This makes Evolve’s ETF cheaper than the 1% expense ratio of the Purpose BTC ETF (BTCC).

USA still reluctant

As reported by the Washington Post, a Bitcoin ETF ( $ 100k by May? ) Could actually become a reality in the United States.

In fact, Valkyrie has filed an application with the United States Securities and Exchange Commission (SEC). If successful, this ETF would be the first BTC ETF fund registered in the United States and would be listed on the CBOE’s BCX exchange.

This isn’t the first time a US-based company has done this. At the end of last year, in December, VanEck filed a BTC ETF with the SEC for the third time.

While US regulators the concept of Bitcoin ETFs (to buy Bitcoin with PayPal Instructions ) have not taken a good thing, the Canadian securities regulators seem to be quite open to the possibilities over. In light of this, CI Global Asset Management (CI GAM) announced that it has applied for an Ethereum ETF with the OSC. If the filing is successful, the fund would be the first Ethereum ETF.

Pourquoi la prolongation de la saison de navigation est essentielle à la hausse des prix de Bitcoin

Au moment où nous écrivons ces lignes, Bitcoin est évalué à un peu moins de 52 000 dollars, et le crypto se négocie à moins de deux pour cent de son dernier ATH sur les graphiques. Avec la poursuite de la découverte des prix au-delà de 50 000 $, il est également intéressant de noter que la BTC a augmenté de près de 10 % cette semaine.

Maintenant, bien que l’analyse de la chaîne et la domination de Bitcoin indiquent toutes deux un sentiment haussier chez les traders de détail, hier, de nombreux altcoins du marché ont Bitcoin Circuit signalé une baisse des prix. Les principaux altcoins tels que ADA, XRP et LINK ont commencé à saigner, avec ETH en remorque, le prix d’Ethereum devenant critique pour soutenir la propre hausse des prix de Bitcoin.

Ces monnaies se sont vite rétablies, et ETH a ensuite touché un nouvel ATA. Cependant, si les altcoins continuent à saigner, cela menacera la hausse des prix de Bitcoin car la pression de vente augmentera.

Ethereum, au moment de mettre sous presse, se négociait juste en dessous du niveau de 1900 dollars et à l’exception d’ATOM et DOGE, la plupart des altcoins dans le top 20 se rétablissaient également.

Cependant, qu’a entraîné la chute des valeurs de ces altcoins ?

Eh bien, la plupart des négociants diraient que les altcoins se vendent, car les négociants achètent des bitcoins et vendent leurs sacs d’altcoins.

Hélas, ce n’est pas aussi simple que cela, puisque le volume des échanges sur les bourses du top spot semblait être inférieur à 2 milliards de dollars, alors que Bitcoin se négocie au-dessus de 51 000 dollars. Par conséquent, il est probable que le contraire soit vrai. Si les altcoins se mettent à saigner, au lieu d’investir dans les altcoins qui entrent dans le Bitcoin, les fonds quitteraient les bourses sous la forme de transactions de sortie de pièces plus stables.

Actuellement, le flux entrant de pièces stables est plus élevé, et s’il change, cela signalerait une pression de vente accrue sur les pièces de monnaie. En conséquence, il pourrait y avoir une nouvelle baisse des volumes d’échange au comptant. Il est donc essentiel pour la remontée des prix de Bitcoin qu’Ethereum et les altcoins tiennent bon avant une nouvelle baisse de la capitalisation crypto-market globale. Si ces niveaux de prix se maintiennent, on peut s’attendre à ce que la capitalisation boursière de Bitcoin franchisse bientôt la barre des 1 000 milliards de dollars.

Cependant, au moment de la publication des prix, le volume des échanges au comptant semblait être légèrement supérieur à la moyenne de février sur les principales bourses comme Bitstamp, Coinbase, Gemini et Kraken, entre autres.

Matt McCall besiegt Louis Navellier bei einem Einsatz von 5.000 USD… Bitcoin’s Peak, dann Pullback… was Sie von hier erwarten können

*** Wir werden am kommenden Montag geschlossen sein
Bevor wir beginnen, eine kurze Notiz…

Unsere InvestorPlace-Büros und die Kundendienstabteilung werden an diesem Montag, dem 18. Januar, zu Ehren von Dr. Martin Luther King Jr. geschlossen.

Wenn Sie Hilfe benötigen, helfen wir Ihnen gerne bei der Wiedereröffnung am Dienstag.

*** Und einfach so ist Louis Navellier 5.000 Dollar ärmer

Vor genau einer Woche verlor der legendäre Investor seine freundliche Wette mit Matt McCall über das, was zuerst das 40.000-Level erreichen würde – den Dow Jones oder Bitcoin.

Louis nahm den Dow, Matt nahm Bitcoin.

Es war ursprünglich nichts weiter als eine freundschaftliche Meinungsverschiedenheit im Büro im Sommer. Das war, bis unser CEO, Brian Hunt, Wind davon bekam …

Nachdem Brian ihre jeweiligen Fälle gehört hatte, war er der Meinung, dass die Meinungsverschiedenheit für unsere InvestorPlace-Leserschaft interessant und unterhaltsam sein würde, und bat Louis und Matt, ihre Positionen live zu diskutieren, was wir bereits im August im Rahmen der Veranstaltung „The Race to 40K. ”

So haben sich die beiden seitdem geschlagen …

*** Interessanterweise kehrte es um, sobald Bitcoin 40.000 USD überstieg, und gab 25% zurück.
Wenn ich Louis wäre, könnte ich angesichts von Matts „Sieg“ ein Sternchen setzen. Aber wir werden gleich darauf zurückkommen …

Hier ist Matt zu seinem Sieg:

… Obwohl ich die Wette „gewonnen“ habe, sollte jeder gewinnen, der in gute Aktien und / oder Bitcoin investiert…

Ich bin in diesem Jahr und in diesem Jahrzehnt sehr optimistisch in Bezug auf Aktien. Und ich bin außergewöhnlich optimistisch in Bezug auf Bitcoin Formula, Altcoins (andere Kryptowährungen als Bitcoin) und die Blockchain-Technologie, auf der sie basieren.

Tatsächlich sehe ich, dass Bitcoin hier irgendwann im Jahr 2021 sogar 100.000 US-Dollar erreicht. Das wären weitere 155% gegenüber den aktuellen Preisen.

Wenn das verrückt klingt, denken Sie daran, dass es nur drei Wochen gedauert hat, bis es sich von 20.000 auf 40.000 Dollar verdoppelt hat.

Lassen Sie uns an dieser Stelle innehalten und uns ansehen, was mit Bitcoin passiert ist, nachdem Matt sein Update veröffentlicht hat.

Wie Matt gerade bemerkte, dauerte es nur drei Wochen, bis sich Bitcoin verdoppelte. Aber wie langjährige Investoren bestätigen werden, kann das, was schnell steigt, noch schneller fallen. Und genau das ist mit Bitcoin passiert.

Unten sehen Sie, wie Bitcoin 41.500 USD durchbricht, um dann innerhalb von nur drei Tagen 25% zurückzugeben, da es auf 31.500 USD gefallen ist.

Analyst: Bitcoin could crash to $20,000 as rally slows down

• Bitcoin saw a massive rally last night, allowing it to hit new all-time highs above $29,000.
• The cryptocurrency encountered serious selling pressure here, slowing its rise and sending it falling back towards $28,000.
• It appears to be finding some support here, but it remains unclear how long this will last.
• One analyst has commented on this in a recent tweet, commenting that he is bracing for a total trend reversal that will see BTC fall back towards $20,000.
• He comments on how the time and distance of each move higher is getting smaller and smaller as BTC climbs higher, which in his eyes is a sign of exhaustion-.

Bitcoin is currently sliding back down after breaking above its all-time highs last night.

The strength the cryptocurrency has seen recently cannot be underestimated as Bitcoin Millionaire it has added several thousand dollars to its price every week.

One trader believes there is a strong possibility that this uptrend will stall in the near future, followed by a decline towards $20,000.

He points to some signs of exhaustion to justify this notion.

Can bitcoin hold above $29,000?

Bitcoin experienced a wild rally yesterday afternoon, pushing the price above $29,000 and setting new all-time highs once again.

The selling pressure here was significant and slowed Bitcoin’s ascent considerably. Since then, the coin has continued to drift lower.

Where the cryptocurrency goes next will likely depend on whether the bulls can keep the price above $28,000 in the coming days and turn this former resistance zone into support.

Trader claims a fall to $20,000 is imminent

A trader writes in a tweet that he believes a move down towards $20,000 is imminent in the near future.

He comments that Bitcoin’s recoveries have become weaker and shorter as it approaches $30,000 – which is a sign of bull exhaustion. The trader:

„The time and distance of each $BTC move is getting smaller. Less consolidation and less upward movement. Markets can be like a pendulum and that will swing the other way. The theory remains the same. We will see low 20s“

The coming days should provide some serious insights into where the whole market is heading in the medium term.

A continuation of this ongoing downtrend could mark Bitcoin’s 24-hour highs as a local top and a sign that a downtrend is imminent in the near future.

El oro al contado está avanzando hacia la formación de una „Cruz de la Muerte“ en su gráfico diario, lo que podría transformar su actual corrección a la baja en una tendencia bajista en toda regla.

Una cruz de la muerte se produce cuando el promedio móvil a corto plazo de un activo cae por debajo de su promedio móvil a largo plazo. Muchos analistas y estrategas consideran que el cruce es un signo de una ola de ventas, que conduce a una tendencia descendente a largo plazo.

Actualmente, el promedio móvil de 50 días del oro (50-DMA) es de 1.880 dólares, mientras que su promedio móvil de 200 días es de 1.801 dólares. La última caída del metal precioso después de una ráfaga de informes positivos de la vacuna COVID-19 indica que podría cubrir la diferencia de 79 dólares entre sus medias móviles al menos en el próximo trimestre, formando así una cruz de la muerte.

BITCOIN

Una configuración bajista en el mercado del oro puede dejar a Bitcoin Revolution bajo un riesgo de caída similar. En retrospectiva, el buque insignia de la cripto-moneda se retrasa con el metal precioso pero en diferentes marcos de tiempo. En 2020, la tasa de cambio BTC/USD en un marco de tiempo semanal ha mostrado evidencia de seguir la tasa de cambio XAU/USD en gráficos mensuales.

TradingShot, una empresa de análisis independiente, descubrió la similitud primero, usando los niveles de retroceso de Fibonacci y los Índices de Fuerza Relativa.

Según el gráfico anterior, el récord de Bitcoin se sitúa cerca de su nivel de fibrilación de 1.1382, alrededor de 25.000 dólares. Pero la criptografía corre el riesgo de corregirse a la baja después de alcanzarlo, al igual que el oro después de establecer su máximo histórico cerca de 2.075 dólares. La analogía toma señales de la visible similitud entre las tendencias de precios anteriores del activo.

Bitcoin ya está mostrando signos de corrección, habiendo alcanzado su mejor nivel hasta la fecha a 19.873 dólares el 30 de noviembre (datos de Coinbase). Ahora ha bajado hasta un 7,74%, manteniendo los 19.000 dólares como soporte provisional para el siguiente tramo de subida hacia los 20.000 dólares y más allá.

SE ELEVA

Sin duda, muchos inversores alcistas todavía esperan que tanto el oro como Bitcoin se recuperen aún más, siempre que los bancos centrales de todo el mundo sigan imprimiendo dinero para inyectar liquidez a sus economías afectadas por el virus. Mientras tanto, la Reserva Federal de referencia ya se ha comprometido a mantener los tipos de interés cerca de cero y a comprar bonos del gobierno tanto tiempo como sea necesario.

Esto impulsa fundamentalmente a los inversores a mover su capital desde deudas de bajo rendimiento e instrumentos en efectivo a refugios más arriesgados como las acciones, el oro y Bitcoin.

Soy tan optimista con Bitcoin como cualquiera, pero mirando hacia atrás hay una alta probabilidad de que esto marque el fondo en metales preciosos“, dijo Florian Kössler, el jefe de estrategia de Friedrich & Partner. „Desde la perspectiva de la teoría del juego, aconsejaría poseer Bitcoin, Oro y Plata“.

Yesterday saw a rise in the price of Bitcoin that led him to break the all-time record on some exchanges such as Binance, Bitstamp and Gemini.

In these cases Bitcoin exceeded $19,800. Immediately afterwards, Bitcoin retraced to $19,500, aligning itself with other exchanges.

The mind went to December 17, 2017, when Bitcoin touched the $20,000, and then went down and started a path that would lead to a substantial loss of value.

Anyway, this euphoria is making those who buy Bitcoin grow.

Notes Simon Peters:

„Bitcoin’s upward trajectory continues to excite investors. We have seen a 66% increase in the number of people holding a bitcoin position on eToro today, compared to the last time the price of the crypto peaked in December 2017“.

A new record has been cut on eToro in recent days:

„On November 26th there was a 594% increase in open bitcoin positions on the eToro platform, the highest we have seen since December 2017. The trading volume was also 784% higher last Thursday than the rest of 2020“.

It is precisely these parameters that distinguish the facts of 2017 from what is happening these days.

Simon Peters adds:

„Although this meteoric rise seems similar to the 2017 run, there are some fundamental differences that indicate that the bitcoin could go even higher.

First, it’s not just the average person who buys bitcoins on the street. Larger investors, such as pension funds and hedge funds, are investing in crypto and many see it as a hedge against inflation.

Secondly, demand continues to outstrip supply, with investors trying to keep their bitcoin“.

For all these reasons, Bitcoin can rise again:

„For these reasons, bitcoin may continue to rise this year. If we maintain the current increase, then $25,000 before the beginning of 2021 is on paper. There will be some sales at $20,000, and this may see a short step back. But if bitcoin shirks these sales and continues to rise, then New Year’s Eve at $25,000 is ready to be taken“.

Bitcoin, the price from $25,000 to $500,000

According to Tyler Winklevoss (Gemini), the price of Bitcoin can rise well over $25,000 to $500,000.

He said this during an interview with CNBC in which he did not set a precise date, but he said for sure that this Bitcoin race will be supported by institutional investors.

After all, big names in finance have recently landed in Bitcoin, just to mention Paul Tudor Jones, and among the companies, last in order of time Guggenheim Partners.

What will happen if Bitcoin really rises to $500,000? Hard to say, but Tyler Winklevoss makes a promise: he and his brother will go back to dressing like penguins.