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Archive for December 2020

Here’s What History Says To Expect From Bitcoin In 2021

Bitcoin has had an explosive breakout year as a maturing financial asset,. The cryptocurrency is finally being considered by institutional investors for the first time, during a year that will go down in history for unprecedented money printing.  The asset’s hardcoded digital scarcity is a primary driver of its boom and bust cycles, and in…

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Northern Data – The Perfect Indirect Exposure to Bitcoin

This Christmas was surely a merry one for owners of Bitcoin.  While purists would always argue for owning Bitcoin directly, this simply still is not possible for most professional investors and fund managers. For these investors, a good alternative to bridge the time till Bitcoin will have become fully mainstream is to invest in stock-market-listed…

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3 Reasons Why Bitcoin Could Hit $30,000 by New Year Eve

Bitcoin has become a tirelessly bullish asset. The benchmark cryptocurrency logged yet another record high on Sunday, hitting $28,387 as traders/investors measured its strength against the US dollar, the global reserve currency that has plunged by more than 12 percent from its mid-March top. At least, that is the popular narrative so far. But bulls…

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Bitcoin Latest Correction Prepares Ground for $30K Test: Analyst

A downside correction in the Bitcoin market at the beginning of this week may prepare a fresh run-up towards $30,000, says Teddy Cleps. The independent market analyst tweeted a technically bullish set up on Monday, projecting the Bitcoin price in a trend continuation pattern. In the chart, traders can observe the cryptocurrency consolidating inside a…

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