Tags : longterm

Bitcoin

JPMorgan adjusts its long-term Bitcoin price target to $130,000

Analysts at American investment bank JPMorgan Chase & Co have updated their long-term Bitcoin (BTC) price expectations to $130,000, according to a note cited by Business Insider yesterday. Per the note, Bitcoin has become much more attractive to institutional investors over the past few weeks thanks to a decrease in its volatility. Previously, regular massive […]Read More

Market

From utility coin to long-term investment?

Native exchange tokens have exploded in value in recent months, alongside the wider cryptocurrency markets, changing the narrative for what these tokens were originally meant for. Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have seen exponential growth over the past six months. In part, this is due to major institutional investors finally entering the markets […]Read More

Bitcoin

Perspective: Long-Term Bitcoin Chart Shows How Far Away The Top

Bitcoin price charts are an amazing sight to behold. Past market cycles that used to look like bubbles that popped and fizzled out, eventually are eclipsed by the next major crypto uptrend. Another such instance is well underway, but when zooming out, the perspective shows just how distant the peak of this current cycle very […]Read More

Bitcoin

If History Rhymes, Bitcoin is Likely to Start Developing a

Bitcoin is currently undergoing a serious correction that has caused its price to see some significant losses throughout the past few days The cryptocurrency is now hovering just a hair above $30,000, with bulls struggling to support it above this level as bears take control Where it trends in the mid-term will undoubtedly depend largely […]Read More

Cryptocurrency

Why more analysts are starting to expect Ethereum may hit

More analysts are beginning to believe that Ethereum could achieve $10,000 to $20,000 in the long-term. The $20,000 target was first brought upon during this bull cycle by Real Vision Group CEO Raoul Pal. The industry executive noted that Ethereum is following Bitcoin’s growth trajectory based on Metcalfe’s law. “Oh shit, really? Is ETH identical […]Read More