Charts Look 'Scary Bullish for Bitcoin': Dan Tapiero

2024-5-15 17:46

Renowned investor Dan Tapiero expects Bitcoin to surpass $90,000 soon

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Will The Launch of a Spot Bitcoin ETF Be a ‘Buy the rumor, Sell the news’ Event?

The long-awaited approval of a Bitcoin spot exchange-traded fund (ETF) in the US is one of the worst-kept secrets in crypto, with most expecting it within months. But will it lead to a “buy the rumor, sell the news” price drop like previous Bitcoin developments? According to Pantera Capital’s Dan Morehead, this time is different—a […] The post Will The Launch of a Spot Bitcoin ETF Be a ‘Buy the rumor, Sell the news’ Event? appeared first on CaptainAltcoin.

2023-11-21 19:00


Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll

Key Takeaways Our Head of Research, Dan Ashmore, digs into Bitcoin’s relationship with stocks Correlation between Bitcoin and the Nasdaq is at its lowest point since 2018 The Nasdaq is up 10% in the last month as stocks have surged off softer forecasts around interest rates and the macro climate Bitcoin is down 9% in […] The post Bitcoin correlation with stocks at 5-year low as regulatory crackdown takes toll appeared first on CoinJournal.

2023-6-15 16:51


No, Bitcoin has never seen a bear market before – This time it’s different

Key Takeaways Bitcoin has been through many bear markets before, always surging back to higher highs Dan Ashmore, our Head of Research, cautions against naive extrapolation of past returns, however Until this past year, stock markets had done nothing but rise during Bitcoin’s existence Bitcoin was launched in 2009 as the stock markets bottomed, and […] The post No, Bitcoin has never seen a bear market before – This time it’s different appeared first on CoinJournal.

2023-5-19 18:36


Bitcoin still trading like a risk asset, despite claims of decoupling amid banking crisis

Key Takeaways First Republic has become the latest bank to collapse in the US Bitcoin has bounced this week, as it did in March when SVB fell and the banking crisis was triggered Our Head of Research, Dan Ashmore, contends that Bitcoin remains a risk asset, despite claims from enthusiasts that a decoupling is occuring […] The post Bitcoin still trading like a risk asset, despite claims of decoupling amid banking crisis appeared first on CoinJournal.

2023-5-3 14:54


Bitcoin supply is dwindling, yet volatility will be the biggest benefactor

Key Takeaways Long-term holders are accumulating Bitcoin, with two-thirds of the supply stagnant for over a year Our Head of Research, Dan Ashmore, writes that liquidity on the demand side is also drying up, with order books thin and stablecoins fleeing exchanges This will kick up volatility in the short-term, leaving Bitcoin open to aggressive […] The post Bitcoin supply is dwindling, yet volatility will be the biggest benefactor appeared first on CoinJournal.

2023-4-26 14:51


Don’t be fooled by Bitcoin’s recent calm, volatility is coming: Opinion

Key Takeaways Bitcoin has been tightly range-bound for last month, its 10% fall this week its biggest move since the banking crisis Dan Ashmore, our Head of Research, warns that volatility will return before long Over 50% of stablecoins have left exchanges and orderbooks are thin, he writes, meaning there is less needed to move […] The post Don’t be fooled by Bitcoin’s recent calm, volatility is coming: Opinion appeared first on CoinJournal.

2023-4-25 13:40


Opinion: Volatility lowest since January, but until it drops further, Bitcoin serves no purpose

Bitcoin’s volatility is a massive problem, writes our head of research, Dan Ashmore The volatility is the lowest since January, but that doesn’t provide much solace with regards to Bitcoin’s actual utility For Bitcoin to deliver on its potential, it needs to become boring, with volatility closer to gold’s famously steady return profile It’s relatively calm in […] The post Opinion: Volatility lowest since January, but until it drops further, Bitcoin serves no purpose appeared first on CoinJournal.

2023-4-19 14:53


Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point

Key Takeaways Ethereum has fallen against Bitcoin thus far this year This is unusual as the market has risen, and altcoins tend to outperform Bitcoin in bull markets Nonetheless, Bitcoin maxis represent everything that is and about the space, writes our Analyst Dan Ashmore Their celebrations also forget the fact that Ethereum has still crushed […] The post Why is Ethereum falling against Bitcoin? Maxis loudly celebrate but miss the point appeared first on CoinJournal.

2023-3-15 14:18


Why is Bitcoin going up? $26K breached but there is reason for suspicion

Key Takeaways Bitcoin has surged beyond $26,000 as interest rate expectations flip  Inflation reading provides further impetus as investors dream of return to lower interest environment and surging crypto prices There are reasons to be hesitant here, however, writes our Analyst Dan Ashmore Shutdown of three crypto banks will hurt industry, while there has been […] The post Why is Bitcoin going up? $26K breached but there is reason for suspicion appeared first on CoinJournal.

2023-3-15 17:24


Bitcoin is up in Argentinian Pesos over the last year, but natives should still avoid it

Key Takeaways Inflation in Argentina is now near 100%, as savings in the peso are getting crushed Bitcoin, despite collapsing in the last year, is up in peso terms Weak currencies are often cited as benefits of Bitcoin, but in the case of Argentina, it would be worse, writes our Analyst Dan Ashmore  Stablecoins present […] The post Bitcoin is up in Argentinian Pesos over the last year, but natives should still avoid it appeared first on CoinJournal.

2023-2-18 20:08


Why is Ethereum being outperformed by Bitcoin? Historical pattern changing in 2023

Key Takeaways Ethereum has historically outperformed Bitcoin in bull runs The pattern has flipped to start the year, with Bitcoin dominance rising  Our Analyst Dan Ashmore jumps on-chain to look through history, and show how and why the pattern is changing The Flippening, huh? Nothing incites debate within crypto circles quite like it.

2023-1-26 20:28


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Pro discusses semiconductor stocks outlook post Ethereum Merge

Ethereum (ETH/USD), successfully hit the Merge earlier Thursday to mark one of the biggest events in crypto history since the launch of Bitcoin over a decade ago. The switch from a proof-of-work (PoW) mechanism to a proof-of-stake (PoS) network mechanism comes with multiple benefits for the Ethereum network (Invezz analyst Dan Ashmore gives a great […] The post Pro discusses semiconductor stocks outlook post Ethereum Merge appeared first on Invezz.

2022-9-16 22:16