Ultimate magazine theme for WordPress.

Publisher - cryptocurrency, mining bitcoin, technology, artificial intelligence

Bitcoin (BTC) $ 60,468.00
Ethereum (ETH) $ 2,330.62
Tether (USDT) $ 0.998640
BNB (BNB) $ 545.19
Solana (SOL) $ 130.99
USDC (USDC) $ 0.998073
XRP (XRP) $ 0.576060
Lido Staked Ether (STETH) $ 2,330.74
Dogecoin (DOGE) $ 0.101545
Toncoin (TON) $ 5.50
TRON (TRX) $ 0.149085
Cardano (ADA) $ 0.336845
Avalanche (AVAX) $ 23.50
Wrapped stETH (WSTETH) $ 2,749.29
Wrapped Bitcoin (WBTC) $ 60,541.00
Shiba Inu (SHIB) $ 0.000013
WETH (WETH) $ 2,330.51
Chainlink (LINK) $ 10.60
Bitcoin Cash (BCH) $ 313.51
Polkadot (DOT) $ 4.07
LEO Token (LEO) $ 5.63
Dai (DAI) $ 1.00
Uniswap (UNI) $ 6.56
Litecoin (LTC) $ 63.78
NEAR Protocol (NEAR) $ 4.11
Kaspa (KAS) $ 0.172779
Wrapped eETH (WEETH) $ 2,438.85
Internet Computer (ICP) $ 7.88
Artificial Superintelligence Alliance (FET) $ 1.39
Sui (SUI) $ 1.25
Monero (XMR) $ 173.22
Pepe (PEPE) $ 0.000007
Aptos (APT) $ 5.93
First Digital USD (FDUSD) $ 0.998853
Stellar (XLM) $ 0.093963
POL (ex-MATIC) (POL) $ 0.383544
Ethereum Classic (ETC) $ 17.94
Ethena USDe (USDE) $ 0.999508
Bittensor (TAO) $ 323.21
Stacks (STX) $ 1.54
OKB (OKB) $ 38.03
Immutable (IMX) $ 1.37
Cronos (CRO) $ 0.079852
Filecoin (FIL) $ 3.49
Aave (AAVE) $ 136.71
Render (RENDER) $ 4.76
Injective (INJ) $ 19.08
Arbitrum (ARB) $ 0.514961
Mantle (MNT) $ 0.568753
Black Agnus (FTW) $ 0.000184
Hedera (HBAR) $ 0.049594
Fantom (FTM) $ 0.620188
VeChain (VET) $ 0.021596
Optimism (OP) $ 1.46
Cosmos Hub (ATOM) $ 4.24
WhiteBIT Coin (WBT) $ 10.90
dogwifhat (WIF) $ 1.52
Binance-Peg WETH (WETH) $ 2,331.79
The Graph (GRT) $ 0.140896
THORChain (RUNE) $ 4.00
Theta Network (THETA) $ 1.33
Maker (MKR) $ 1,469.05
Rocket Pool ETH (RETH) $ 2,612.33
Solv Protocol SolvBTC (SOLVBTC) $ 60,613.00
Bitget Token (BGB) $ 0.909204
Arweave (AR) $ 18.52
FLOKI (FLOKI) $ 0.000123
Helium (HNT) $ 6.89
Mantle Staked Ether (METH) $ 2,425.34
Polygon (MATIC) $ 0.380997
Celestia (TIA) $ 5.20
Bonk (BONK) $ 0.000016
Quant (QNT) $ 72.59
Pyth Network (PYTH) $ 0.288086
Gate (GT) $ 8.13
Algorand (ALGO) $ 0.124118
Sei (SEI) $ 0.277552
Jupiter (JUP) $ 0.728324
JasmyCoin (JASMY) $ 0.019659
MANTRA (OM) $ 1.09
Bitcoin SV (BSV) $ 46.17
Lido DAO (LDO) $ 0.991594
Ondo (ONDO) $ 0.599937
Renzo Restaked ETH (EZETH) $ 2,376.41
KuCoin (KCS) $ 7.35
Core (CORE) $ 0.942159
Ronin Bridged WETH (Ronin) (WETH) $ 2,330.27
BitTorrent (BTT) $ 0.00000087
Flow (FLOW) $ 0.535390
Fasttoken (FTN) $ 2.42
ether.fi Staked ETH (EETH) $ 2,329.27
Nervos Network (CKB) $ 0.017710
Beam (BEAM) $ 0.015041
Klaytn (KLAY) $ 0.129215
Notcoin (NOT) $ 0.007259
Brett (BRETT) $ 0.073385
PayPal USD (PYUSD) $ 0.997023
EOS (EOS) $ 0.480893
USDD (USDD) $ 0.995490
GALA (GALA) $ 0.018442
Tokenize Xchange (TKX) $ 8.97
MultiversX (EGLD) $ 25.95
Popcat (POPCAT) $ 0.711471
Flare (FLR) $ 0.014287
Axie Infinity (AXS) $ 4.60
Worldcoin (WLD) $ 1.51
Starknet (STRK) $ 0.375234
NEO (NEO) $ 9.33
Marinade Staked SOL (MSOL) $ 159.67
Frax (FRAX) $ 0.997410
ORDI (ORDI) $ 30.18
Tezos (XTZ) $ 0.634104
Tether Gold (XAUT) $ 2,569.99
Conflux (CFX) $ 0.141759
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 60,309.00
eCash (XEC) $ 0.000031
Akash Network (AKT) $ 2.46
Kelp DAO Restaked ETH (RSETH) $ 2,383.81
SATS (Ordinals) (SATS) $ 0.00000028
The Sandbox (SAND) $ 0.249077
Ethereum Name Service (ENS) $ 16.78
NEXO (NEXO) $ 0.981203
dYdX (DYDX) $ 0.844257
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,328.90
Wormhole (W) $ 0.201524
Pendle (PENDLE) $ 3.26
Decentraland (MANA) $ 0.273397
ApeCoin (APE) $ 0.757135
Ronin (RON) $ 1.47
Mina Protocol (MINA) $ 0.425472
TrueUSD (TUSD) $ 0.996196
PAX Gold (PAXG) $ 2,575.07
Dogs (DOGS) $ 0.000932
Coinbase Wrapped Staked ETH (CBETH) $ 2,517.88
Chiliz (CHZ) $ 0.052072
Terra Luna Classic (LUNC) $ 0.000081
PancakeSwap (CAKE) $ 1.72
Zcash (ZEC) $ 30.19
Synthetix Network (SNX) $ 1.37
LayerZero (ZRO) $ 4.00
Aerodrome Finance (AERO) $ 0.729804
Astar (ASTR) $ 0.061073
DeXe (DEXE) $ 7.69
Ethena (ENA) $ 0.232034
L2 Standard Bridged WETH (Blast) (WETH) $ 2,334.93
Livepeer (LPT) $ 12.24
AIOZ Network (AIOZ) $ 0.376714
Frax Ether (FRXETH) $ 2,317.75
IOTA (IOTA) $ 0.122288
BOOK OF MEME (BOME) $ 0.006071
XDC Network (XDC) $ 0.028062
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
Jupiter Staked SOL (JUPSOL) $ 136.53
ZKsync (ZK) $ 0.111854
Oasis Network (ROSE) $ 0.060648
Axelar (AXL) $ 0.517328
Theta Fuel (TFUEL) $ 0.060610
APENFT (NFT) $ 0.00000041
USDB (USDB) $ 0.993082
Raydium (RAY) $ 1.46
cat in a dogs world (MEW) $ 0.004337
Bitcoin Gold (BTG) $ 22.01
SuperVerse (SUPER) $ 0.837394
Gnosis (GNO) $ 148.30
L2 Standard Bridged WETH (Base) (WETH) $ 2,322.75
MX (MX) $ 3.87
Compound (COMP) $ 42.71
Echelon Prime (PRIME) $ 8.08
Binance-Peg BUSD (BUSD) $ 0.999706
WEMIX (WEMIX) $ 0.878329
Beldex (BDX) $ 0.053725
Blur (BLUR) $ 0.189947
Neiro (NEIRO) $ 0.000849
SafePal (SFP) $ 0.730876
Turbo (TURBO) $ 0.005112
Ondo US Dollar Yield (USDY) $ 1.10
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,338.86
Kava (KAVA) $ 0.322064
Mog Coin (MOG) $ 0.00000096
Safe (SAFE) $ 0.726425
Baby Doge Coin (BABYDOGE) $ 0.00000000
Trust Wallet (TWT) $ 0.798611
Dymension (DYM) $ 1.62
Reserve Rights (RSR) $ 0.006390
Staked Frax Ether (SFRXETH) $ 2,553.04
Sundog (SUNDOG) $ 0.322501
Bitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 60,514.00
Curve DAO (CRV) $ 0.269018
IoTeX (IOTX) $ 0.033861
Swell Ethereum (SWETH) $ 2,484.73
PepeCoin (PEPECOIN) $ 2.69
Osmosis (OSMO) $ 0.463733
Aevo (AEVO) $ 0.362256
Lombard Staked BTC (LBTC) $ 60,737.00
Kusama (KSM) $ 20.12
1inch (1INCH) $ 0.243824
SingularityNET (AGIX) $ 0.606822
WOO (WOO) $ 0.167348
GMT (GMT) $ 0.122909
ConstitutionDAO (PEOPLE) $ 0.059330
Amp (AMP) $ 0.003669
Holo (HOT) $ 0.001629
Dash (DASH) $ 24.08
Arkham (ARKM) $ 1.02
Stader ETHx (ETHX) $ 2,416.36
MMX (MMX) $ 1.92
Galxe (GAL) $ 2.15
Metaplex (MPLX) $ 0.280019
Golem (GLM) $ 0.273955
QuantixAI (QAI) $ 77.27
JUST (JST) $ 0.027372
Manta Network (MANTA) $ 0.709696
Memecoin (MEME) $ 0.010077
Gravity (G) $ 0.035948
cWBTC (CWBTC) $ 1,218.46
Jito (JTO) $ 2.04
Ultima (ULTIMA) $ 6,487.09
Illuvium (ILV) $ 37.93
CorgiAI (CORGIAI) $ 0.000753
Basic Attention (BAT) $ 0.171392
aelf (ELF) $ 0.355399
ZetaChain (ZETA) $ 0.631340
Ankr Network (ANKR) $ 0.025508
Zilliqa (ZIL) $ 0.013451
Terra (LUNA) $ 0.367232
Avail (AVAIL) $ 0.141028
Celo (CELO) $ 0.449690
Olympus (OHM) $ 15.34
Polygon Bridged WBTC (Polygon POS) (WBTC) $ 60,583.00
Siacoin (SC) $ 0.004207
Enjin Coin (ENJ) $ 0.139536
0x Protocol (ZRX) $ 0.284968
Ravencoin (RVN) $ 0.016765
Ether.fi (ETHFI) $ 1.36
Polymesh (POLYX) $ 0.219788
Qtum (QTUM) $ 2.24
Usual USD (USD0) $ 1.00
Aragon (ANT) $ 5.76
Simon's Cat (CAT) $ 0.000034
Aethir (ATH) $ 0.057243
DOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.002277
Sun Token (SUN) $ 0.023267
OUSG (OUSG) $ 108.03
CoinEx (CET) $ 0.080528
GMX (GMX) $ 22.89
Saga (SAGA) $ 2.14
Rollbit Coin (RLB) $ 0.089921
Mask Network (MASK) $ 2.16
Quorium (QGOLD) $ 2,577.68
Radix (XRD) $ 0.020194
Gas (GAS) $ 3.25
Flux (FLUX) $ 0.598084
Mantle Bridged USDT (Mantle) (USDT) $ 0.995090
Threshold Network (T) $ 0.021455
Arbitrum Bridged USDC (Arbitrum) (USDC.E) $ 0.996328
tBTC (TBTC) $ 60,538.00
Liquid Staked ETH (LSETH) $ 2,438.88
Goldfinch (GFI) $ 2.48
Ocean Protocol (OCEAN) $ 0.597836
OriginTrail (TRAC) $ 0.500505
Qubic (QUBIC) $ 0.000002
Rocket Pool (RPL) $ 9.60
Tribe (TRIBE) $ 0.433740
BENQI Liquid Staked AVAX (SAVAX) $ 27.42
Venom (VENOM) $ 0.105641
MimbleWimbleCoin (MWC) $ 17.85
Blast (BLAST) $ 0.009640
Decred (DCR) $ 11.82
EthereumPoW (ETHW) $ 1.78
dYdX (ETHDYDX) $ 0.842241
Binance-Peg Dogecoin (DOGE) $ 0.102265
Nexus Mutual (NXM) $ 52.92
Metis (METIS) $ 31.25
AltLayer (ALT) $ 0.079954
Biconomy (BICO) $ 0.213167
io.net (IO) $ 1.94
API3 (API3) $ 1.55
COTI (COTI) $ 0.105256
Osaka Protocol (OSAK) $ 0.00000024
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.998785
Kadena (KDA) $ 0.612749
UMA (UMA) $ 2.12
Wrapped Beacon ETH (WBETH) $ 2,445.64
Arcblock (ABT) $ 1.74
SKALE (SKL) $ 0.032601
Bridged Ether (StarkGate) (ETH) $ 2,333.01
Centrifuge (CFG) $ 0.332471
Alchemix USD (ALUSD) $ 0.987512
Band Protocol (BAND) $ 1.12
Drift Protocol (DRIFT) $ 0.715369
Gomining Token (GOMINING) $ 0.389287
yearn.finance (YFI) $ 4,774.25
Tellor Tributes (TRB) $ 61.34
Convex Finance (CVX) $ 1.96
Nosana (NOS) $ 1.93
Chromia (CHR) $ 0.189782
Yield Guild Games (YGG) $ 0.414093
cETH (CETH) $ 46.83
Open Campus (EDU) $ 0.608379
Bitkub Coin (KUB) $ 1.77
Hivemapper (HONEY) $ 0.061253
NEM (XEM) $ 0.017419
Audius (AUDIO) $ 0.123133
Big Time (BIGTIME) $ 0.141894
VeThor (VTHO) $ 0.001886
Creditcoin (CTC) $ 0.410531
Ontology (ONT) $ 0.168221
PONKE (PONKE) $ 0.280080
Renzo Restaked LST (PZETH) $ 2,741.26
SSV Network (SSV) $ 21.01
Moonbeam (GLMR) $ 0.164484
Alephium (ALPH) $ 1.67
Wrapped Ether (Mantle Bridge) (WETH) $ 2,330.16
Harmony (ONE) $ 0.011822
SwissBorg (BORG) $ 0.146917
Frax Share (FXS) $ 1.78
Loopring (LRC) $ 0.116010
SPACE ID (ID) $ 0.335213
Gigachad (GIGA) $ 0.014900
PAAL AI (PAAL) $ 0.167485
GHO (GHO) $ 1.01
Elixir deUSD (DEUSD) $ 0.996295
Chia (XCH) $ 12.93
Maple (MPL) $ 18.13
Vanar Chain (VANRY) $ 0.099597
BounceBit (BB) $ 0.339093
STASIS EURO (EURS) $ 1.11
Casper Network (CSPR) $ 0.011201
Zignaly (ZIG) $ 0.097218
Banana Gun (BANANA) $ 39.54
Delysium (AGI) $ 0.120874
CHEX Token (CHEX) $ 0.132630
Cronos Bridged USDC (Cronos) (USDC) $ 1.01
Wexo (WEXO) $ 2.52
Aleph Zero (AZERO) $ 0.394227
Mythos (MYTH) $ 0.178851
H2O Dao (H2O) $ 0.157172
Ozone Chain (OZO) $ 0.238424
Telcoin (TEL) $ 0.001646
ICON (ICX) $ 0.124814
Lisk (LSK) $ 0.796656
Solar (SXP) $ 0.201505
BasedAI (BASEDAI) $ 3.50
Escoin (ELG) $ 0.672820
Taiko (TAIKO) $ 1.62
Solayer Staked SOL (SSOL) $ 134.39
Moca Coin (MOCA) $ 0.106664
WHY (WHY) $ 0.00000029
Sushi (SUSHI) $ 0.623335
Horizen (ZEN) $ 7.78
ETHPlus (ETH+) $ 2,377.82
Velo (VELO) $ 0.016035
BitMart (BMX) $ 0.351360
Blox (CDT) $ 0.176368
Coinbase Wrapped BTC (CBBTC) $ 60,699.00
Super OETH (SUPEROETHB) $ 2,340.45
NKYC Token (NKYC) $ 29.37
JOE (JOE) $ 0.324520
World Mobile Token (WMT) $ 0.188523
Metars Genesis (MRS) $ 1.39
Kinesis Gold (KAU) $ 83.02
Kinesis Silver (KAG) $ 30.63
TrueFi (TRU) $ 0.098718
Ecoin (ECOIN) $ 0.000248
Nano (XNO) $ 0.857328
Non-Playable Coin (NPC) $ 0.014155
Verus (VRSC) $ 1.47
OKT Chain (OKT) $ 6.41
0x0.ai: AI Smart Contract (0X0) $ 0.127112
Kelp Gain (AGETH) $ 2,404.30
UXLINK (UXLINK) $ 0.672544
Venus (XVS) $ 6.91
DigiByte (DGB) $ 0.006507
Everscale (EVER) $ 0.055417
Balancer (BAL) $ 1.80
Xai (XAI) $ 0.185723
VVS Finance (VVS) $ 0.000002
ECOMI (OMI) $ 0.000400
Across Protocol (ACX) $ 0.255511
WAX (WAXP) $ 0.030234
Merlin Chain (MERL) $ 0.294000
Ontology Gas (ONG) $ 0.268848
iExec RLC (RLC) $ 1.45
Cartesi (CTSI) $ 0.125489
Pax Dollar (USDP) $ 0.997935
Helium Mobile (MOBILE) $ 0.001059
Numeraire (NMR) $ 14.22
Songbird (SGB) $ 0.006910
Coin98 (C98) $ 0.124808
Pixels (PIXEL) $ 0.133234
Paycoin (PCI) $ 0.101276
IX Swap (IXS) $ 0.572955
Universal ETH (UNIETH) $ 2,493.89
inSure DeFi (SURE) $ 0.003848
StakeWise Staked ETH (OSETH) $ 2,397.82
Bone ShibaSwap (BONE) $ 0.406616
Waves (WAVES) $ 1.02
Zentry (ZENT) $ 0.017202
Telos (TLOS) $ 0.238214
Orbs (ORBS) $ 0.022797
MCOIN (MCOIN) $ 0.564970
Powerledger (POWR) $ 0.189699
Marlin (POND) $ 0.012341
Neutron (NTRN) $ 0.354997
Dusk (DUSK) $ 0.214383
Bounce (AUCTION) $ 15.06
Standard Bridged USDC.e (Optimism) (USDC.E) $ 0.999070
Function X (FX) $ 0.129829
Synapse (SYN) $ 0.446782
TerraClassicUSD (USTC) $ 0.016610
Tokenlon (LON) $ 0.838775
Pundi X (PUNDIX) $ 0.371381
Matr1x Fire (FIRE) $ 1.53
Bridged Wrapped stETH (Gnosis) (WSTETH) $ 2,745.79
MAGA (TRUMP) $ 2.07
Coq Inu (COQ) $ 0.000001
AI Companions (AIC) $ 0.102655
LCX (LCX) $ 0.121293
Magic (MAGIC) $ 0.351163
Kittekoin (KOIN) $ 0.093336
Mines of Dalarnia (DAR) $ 0.151359
IQ (IQ) $ 0.004916
Alchemy Pay (ACH) $ 0.018733
Prom (PROM) $ 5.11
Orca (ORCA) $ 1.75
Tron Bull (BULL) $ 0.091843
BORA (BORA) $ 0.083932
RSK Infrastructure Framework (RIF) $ 0.091187
Zebec Network (ZBCN) $ 0.001422
SuperRare (RARE) $ 0.125786
My Neighbor Alice (ALICE) $ 0.969036
Cronos Bridged USDT (Cronos) (USDT) $ 1.01
BOBO Coin (BOBO) $ 0.000001
STP (STPT) $ 0.045898
IOST (IOST) $ 0.004748
Stratis (STRAX) $ 0.044651
Moonriver (MOVR) $ 9.70
L2 Standard Bridged WETH (Optimism) (WETH) $ 2,336.74
Oraichain (ORAI) $ 5.38
MVL (MVL) $ 0.003445
Wrapped QUIL (QUIL) $ 0.240901
TokenFi (TOKEN) $ 0.052482
Civic (CVC) $ 0.107359
Status (SNT) $ 0.021538
WINkLink (WIN) $ 0.000085
Fusionist (ACE) $ 2.24
USDX (USDX) $ 0.756090
Dione (DIONE) $ 0.008788
HarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.083189
Omni Network (OMNI) $ 7.94
Liquity (LQTY) $ 0.857898
Radiant Capital (RDNT) $ 0.072754
Crown by Third Time Games (CROWN) $ 0.418388
dKargo (DKA) $ 0.019221
BTSE Token (BTSE) $ 0.505445
RSS3 (RSS3) $ 0.121586
Covalent X Token (CXT) $ 0.096623
DOLA (DOLA) $ 0.995008
Syscoin (SYS) $ 0.102807
Hive (HIVE) $ 0.182980
Apu Apustaja (APU) $ 0.000249
MUMU THE BULL (MUMU) $ 0.000035
MiL.k Alliance (MLK) $ 0.206026
Kamino (KMNO) $ 0.059077
NetMind Token (NMT) $ 2.01
Euler (EUL) $ 4.23
Boba Network (BOBA) $ 0.203948
Solidus Ai Tech (AITECH) $ 0.077472
Slerf (SLERF) $ 0.155865
SmarDex (SDEX) $ 0.009060
Spell (SPELL) $ 0.000525
Steem (STEEM) $ 0.163938
Purr (PURR) $ 0.130023
Instadapp (INST) $ 0.935250
Clearpool (CPOOL) $ 0.128064
Gemini Dollar (GUSD) $ 1.01
PHALA (PHA) $ 0.102955
Huobi (HT) $ 0.482074
Maverick Protocol (MAV) $ 0.202860
Request (REQ) $ 0.099706
Hooked Protocol (HOOK) $ 0.406594
Dent (DENT) $ 0.000798
DODO (DODO) $ 0.104759
Overnight.fi USD+ (USD+) $ 0.995768
Medibloc (MED) $ 0.008311
Zano (ZANO) $ 5.10
Optimism Bridged WBTC (Optimism) (WBTC) $ 60,451.00
ALEX Lab (ALEX) $ 0.093119
Neiro on ETH (NEIRO) $ 0.074826
Milady Meme Coin (LADYS) $ 0.00000008
Kyber Network Crystal (KNC) $ 0.436570
Bazaars (BZR) $ 6.35
Ampleforth (AMPL) $ 1.20
Energy Web (EWT) $ 1.40
Gains Network (GNS) $ 2.14
Origin Ether (OETH) $ 2,320.11
Decentralized Social (DESO) $ 6.79
Krypton DAO (KRD) $ 0.694351
BakerySwap (BAKE) $ 0.246408
ChainGPT (CGPT) $ 0.127156

New Bitcoin price model suggests BTC won’t go below $39K again

By Aleksandr On Sep 16, 2021

The illiquid supply floor demands the preservation of levels not far below $40,000 as supply drops and demand surges across the board.

Bitcoin (BTC) must cost at least $39,000, says a new tool combining two of its most powerful metrics.

In a tweet on Thursday, analyst William Clemente presented the illiquid supply floor chart — and its findings are firmly bullish for BTC.

Bitcoin’s price floor rises and rises

Related Posts

Rise of Web3: Metaverse tokens surge as Meta’s share price…

Feb 4, 2022

Nintendo considering ways to utilize NFTs in a way that…

Feb 4, 2022

With exchange reserves dwindling and major corporate buy-ins expected to be announced in the coming weeks, analysts are all but guaranteeing BTC price upside.

As Cointelegraph reported, long-term holders are now in possession of more of the supply than at any time since October 2020.

Now, illiquid supply data has been combined with the popular and highly accurate stock-to-flow Bitcoin price model to form a new minimum price for BTC/USD.

As Clemente described, it is “a price floor based on Bitcoin’s real-time scarcity.”

A screenshot of the new chart shows a lower boundary for BTC/USD as being $39,000 as of this week — a level that neatly lines up with current technical predictions of where the pair should bounce in the event of a reversal.

Bloomberg eyes “significant advance” in 2021

Stock-to-flow, meanwhile, has long demanded stronger performance from Bitcoin spot price, and its creator, PlanB, continues to stick by a $135,000 “worst case scenario” end-of-year close.

Related: BTC holds $48K as Evergrande forms ‘Lehman Brothers moment’ for China

He’s not alone. In its latest research, Bloomberg Intelligence gave renewed credence to $100,000 coming true for BTC/USD in 2021.

“Past Bitcoin trading trends and the crypto’s declining supply vs. mainstream adoption suggest a significant advance in 2021, potentially to $100,000, we believe,” chief analyst Mike McGlone said as part of Twitter comments that echo Clemente’s.

McGlone said that no fewer than five charts currently point to the magic six figures — one year after Bitcoin first hit a five-figure price tag and never lost it.

Source: cointelegraph.com

Aleksandr 1790 posts 0 comments

Prev Post

Alephium Closes $3.6M Presale From 80 Contributors to Expand Sharded UTXO Blockchain Platform

Next Post

Bingbon Launches its Carbon-Free & Afforestation Project to Help Curb Climate Change Hazards

Leave A Reply