It's been a calmer week for Bitcoin - with the world's biggest cryptocurrency managing to recover from the low $11,000's in recent days.
If there's a breakthrough, he thinks Bitcoin's price can easily run toward $15,000 or even $16,000 - exacerbating FOMO. Unfortunately, he believes such a move is unlikely.
Revealed: The perfect time of the week to buy the Bitcoin dip.
New data suggests that Sunday evenings are the best time to buy Bitcoin - with the crypto historically seeing higher returns at the start of the working week.
Capriole digital asset manager Charles Edwards, who released the findings, said: "Bored on Sunday at midnight? It just so happens to be the best time to buy Bitcoin."
"My conviction levels in Bitcoin rise every day. I'm already irresponsibly long. I am now thinking it may not be even worth owning any other asset as a long-term asset allocation, but that's a story for another day."
Raoul Pal, Real Vision founder and CEO. "What's the strategy for professional and institutional investors in North America when it comes to cryptocurrency? The first thing we see from the data is that North American investors disproportionately favor Bitcoin."
Adam Back, Blockstream CEO. "This is arguably the most pivotal moment we have seen for the United States Dollar since it bottomed in 2008. This channel has been intact for over 10 years. If it breaks down, hide yo' kids and buy a metric ton of Bitcoin."
The world's oldest Bitcoin investment firm has made a bold prediction that BTC will have hit $115,000 by August 2021.
One of them, the site's programmer, has cooperated in forfeiting $29.6 million worth of Bitcoin and Bitcoin Cash.
BTC at Crucial Level, When to Buy the Dip, Twitter Hack Trial Fiasco: Hodler's Digest, Aug. 3-9
Published on Aug 9, 2020
by Cointele | Published on Coinage
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