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The temporary momentum for Bitcoin remains to be down, said Andrei Stanciulescu, creator of Sublime Investors.
Stanciulescu, likewise referred to as Logicalorange by his fans, discussed with David Lin, support of Kitco Information, the vital price levels he is looking for a break to either the downside, or up.
Tool term, $80,000 might very likely be seen by the end of the year, he said.
Comply With David Lin on Twitter: @davidlin_TV ()
0:00 – Bitcoin rate vital degrees
11:43 – Bitcoin's major chauffeurs
19:55 – Bitcoin's upside target
21:39 – Cryptos as form of payment
22:55 – Sublime token
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Bitcoin price falls; $15k can be retested before new highs are breached says trader
The short-term momentum for Bitcoin continues to be down, said Andrei Stanciulescu, founder of Sublime Traders.
Stanciulescu, also known as Logicalorange by his followers, discussed with David Lin, anchor of Kitco News, the key price levels he is watching for a break to either the downside, or up.
Medium term, $80,000 could very likely be seen by the end of the year, he said.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
0:00 - Bitcoin price key levels
11:43 - Bitcoin's main drivers
19:55 - Bitcoin's upside target
21:39 - Cryptos as form of payment
22:55 - Sublime token
__________________________________________________________________
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:
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Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
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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.
