Click here to get this article in PDF
The current favorable energy for Bitcoin is likely to be sustained because vital technological degrees have been breached, and also the anxiety from China's tightening up policy has actually largely dissipated, claimed Florian Grummes, managing supervisor of Midas Touch Consulting.
" We have a good chance to see $100k by the end of the year, perhaps even higher. Obviously, that would spark an altcoin season once more. If Bitcoin truly remains to run, I would state that the $60k $65k level is the last resistance of the bears. If there is absolutely nothing coming for them, after that Bitcoin is off to the races and maybe $100k or even higher, $150k is possible in the direction of January," he stated.
Follow Kitco News on Twitter: @KitcoNewsNOW ()
Follow David Lin on Twitter: @davidlin_TV ()
Follow Florian Grummes on Twitter: @FlorianGrummes ()
0:00 – Bitcoin rate efficiency
4:55 – Bitcoin cost forecast
7:38 – Ethereum and also Solana
13:51 – Greatest chances in crypto
#crypto #Bitcoin #Ethereum
__________________________________________________________________
Kitco News is the globe's # 1 source of steels market details. Our videos feature meetings with prominent market numbers to bring you market-affecting understandings, with the objective helpful people make educated financial investment choices.
Sign up for our network to keep up to date on the most up to date understandings moving the steels markets.
For even more breaking news, browse through
Follow us on social networks:
Facebook –
Twitter –
StockTwits –
Online gold price and charts:
Live silver rate and graphes:
Don't forget to register for Kitco News' Weekly Summary– comes out every Friday to summarize the best stories & video clips of the week:
Join the discussion @ The Kitco Forums and be part of the premier online neighborhood for precious metals investors:
Disclaimer: Video clips are not trading suggestions as well as the views shared might not mirror those of Kitco Metals Inc
.
$150k Bitcoin by January? Last resistance is breached, Ethereum to hit $20k next - Florian Grummes
The recent bullish momentum for Bitcoin is likely to be sustained because key technical levels have been breached, and the fear from China's tightening regulation has largely dissipated, said Florian Grummes, managing director of Midas Touch Consulting.
"We have a good chance to see $100k by the end of the year, maybe even higher. Of course, that would spark an altcoin season again. If Bitcoin really continues to run, I would say that the $60k $65k level is the last resistance of the bears. If there is nothing coming for them, then Bitcoin is off to the races and it could be $100k or even higher, $150k is possible towards January," he said.
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Florian Grummes on Twitter: @FlorianGrummes (https://twitter.com/FlorianGrummes)
0:00 - Bitcoin price performance
4:55 - Bitcoin price forecast
7:38 - Ethereum and Solana
13:51 - Biggest opportunities in crypto
#crypto #Bitcoin #Ethereum
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
