Bitcoin Rally is back on course

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Veröffentlicht am 15.09.2021

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Cathie Wood, CEO and co -founder of ARK Invest, spoke about the potential of cryptocurrencies at a conference in New York. Despite the recent drop in prices, it remains optimistic and predicts that Bitcoin's price will be in the six -digit range. She assumes that Bitcoin prices are more than increased by increased and almost $ 500,000, compared to almost $ 47,000. However, she emphasized how important it is that institutional investors invest at least 5 % of her portfolios in digital assets. She added that Bitcoin stays her preferred cryptocurrency, but she also keeps an eye on her, ...

Cathie Wood, CEO and co -founder of ARK Invest, spoke about the potential of cryptocurrencies at a conference in New York. Despite the recent drop in prices, it remains optimistic and predicts that Bitcoin's price will be in the six -digit range. She assumes that Bitcoin prices are more than increased by increased and almost $ 500,000, compared to almost $ 47,000. However, she emphasized how important it is that institutional investors invest at least 5 % of her portfolios in digital assets. She added that Bitcoin remains her preferred cryptocurrency, but also keeps an eye on it, which has increased significantly and passes from "proof-of-work to proof-of-stake".

The Bitcoin prices have moved again in the daily time frame via the 50- and 200-day SMA, which is certainly positive for the price above the 200-day SMA in the daily time frame. If the price is still being traded over this moving average, we could possibly experience a large rally for the Bitcoin price.

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fusion media or someone who is involved in Fusion Media assumes no liability for losses or damage resulting from the trust in the information contained on this website including data, courses, diagrams and purchase/sales signals. Please inform yourself comprehensively about the risks and costs associated with trading on the financial markets, since it is one of the most risky forms of investment.

Bitcoin Rally is back on course

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