From yesterday's 4PM(Eastern) close of $33801 to today's 4PM (Eastern) close of $35960, Bitcoin rallied $2159 in 24hours. Since 4 PM today, Bitcoin rally has been non-stop, it is now 10:35 PM and it's trading at $37571, another $1611 rise. If it continue to rise at this rate, I wouldn't be surprise to see $50000 Bitcoin by this weekend. I presented reasons of why it is easy for Bitcoin to reach $50000 by 2021 on my December 6, 2020 blog "Why Bitcoin Can Go Above $50000 Next Year Easily"(https://tradeideablog.blogspot.com/2020/12/why-bitcoin-can-go-above-50000-next.html ) but I did not expect it to happen so fast. Bitcoin price was around $29300 on December 6. It has been only a month has passed and it's only a little over $10000 to $50000. With today's Democrat sweep the Georgia senate races, Democrats are now in control of the presidency, senate and the house, more fiscal stimulus is likely to come soon. This is like adding oil into the Bitcoin fire and traders are probably front running institutions and retail investors in buying Bitcoin as fear of missing out is now in effect. Why the Bitcoin chart gone parabolic and vertical and there is still no sense of fear of the top? It is because institutions are just started to get in and retail investors still need to get over their fear of the Bitcoin collapse of 2017. Since $50000 is so close, the likely scenario is to touch $5000 first then take longer time to rest and correct.
Latest Bitcoin related news：
1. The world’s oldest cryptocurrency Bitcoin settled around the $35,000 level for several hours before heading upward yet again, hitting $36,122 as of press time. “With a lot of demand from new market participants, both institutional and retail, it is reasonable to assume that we keep going up,” said Michael Gord, chief executive officer of trading firm Global Digital Assets. “A $650 billion market cap is still tiny in comparison to other global currencies or commodities that bitcoin is competing with.” ---Coindesk 01/06/2021
2. Bitcoin’s BTC parabolic rally intensified on Wednesday as the price broke above $36,000 for the first time, sending a strong signal that the bull market still has further room to grow. The flagship cryptocurrency peaked at $36,574.47 on Bitstamp, easily surpassing its previous all-time high. The price has gained 8% on the day and more than 25% over the past week.So far,Bitcoin’s digital-gold narrative appears to have squashed any semblance of a major pullback as institutions and retail traders buy the dips. As Cointelegraph recently reported Bitcoin is experiencing a supply shortage as major buyers like Grayscale and PayPal continue to scoop up all of the newly mined BTC. ---Cointelegraph 01/06/2021
3. Anthony Scaramucci, founder and co-managing partner of SkyBridge Capital, told CNBC’s “Capital Connection” on Wednesday that his firm is “quite bullish” on bitcoin’s store of value and sees it “replacing” gold.Scaramucci, a former White House communications director, added that Democratic control of Congress would be “great” for cryptocurrencies due to expectations of “tremendous” money printing under a federal government controlled by the party. ---CNBC 1/6/2021
从昨天4PM（东部时间）收盘价33801美元到今天的4PM（东部时间）收盘价35960美元，比特币在24小时内上涨了2159美元。从今天下午4点开始，比特币的涨势一直没有停止，现在是晚上10点35分，交易价格为37571美元，再上升了1611美元。如果它继续以这种速度上涨，那么到本周末看到$ 50000比特币是不足为奇的。我在2020年12月6日的博客“为什么明年比特币可以轻松地超过50000美元”(https://tradeideablog.blogspot.com/2020/12/why-bitcoin-can-go-above-50000-next.html)上介绍了为什么到2021年比特币很容易达到50000美元的原因，但我没想到它会这么快就会到来。比特币12月6日的价位在19300附近。仅仅一个月过去，比特币距离50000美元只差1万多美元而已。随着今天的民主党席卷佐治亚州参议院竞选后，民主党人现在已经控制了总统，参议院和众议院，不久可能就会出台更多的财政刺激措施。这就像在比特币大火中加油一样，比特币价会更上层楼。这两天炒家可能是抢先购买比特币等候更多的机构和散户因为担心错过机会而进场。为什么比特币走势图现在呈抛物线和垂直上升但仍然没有到顶的恐惧感呢？这是因为机构才刚刚开始介入而散户投资者仍然需要克服对2017年比特币崩溃的恐惧。因为$50000是如此接近，所以可能的情况是先触摸$50000，然后花费长些时间休息和修正。
最新比特币有关新闻：
1. 世界上最古老的加密货币比特币在几个小时内一直保持在35,000美元左右的水平，然后再次上涨，截至发稿时已达到36122美元。交易公司Global Digital Assets的首席执行官Michael Gord说：“在新的机构和散户参与的大量需求情况下，可以合理地假设我们会继续上涨。” “与比特币竞争的其他全球货币或商品相比，6500亿美元的市值仍然微不足道。” --- Coindesk 20年1月6日
2. 由于价格首次突破36,000美元，比特币抛物线式反弹加剧，强烈发出牛市仍有进一步增长空间的信号。旗舰加密货币在Bitstamp上的峰值为36,574.47美元，轻松超过其历史最高点。价格当天上涨了8％，过去一周上涨了25％以上。到目前为止，随着机构和零售交易者的逢低买入，比特币为数字黄金的故事似乎已经消除了任何重大回调的迹象。正如Cointelegraph最近报道的那样，由于Grayscale和PayPal等主要买家继续抢购所有新开采的比特币，比特币正面临供应短缺。 -Cointelegraph 20年1月6日
3. SkyBridge Capital的创始人兼联合管理合伙人安东尼·斯卡拉穆奇（Anthony Scaramucci）周三对CNBC的“资本连接”表示，他的公司对比特币的价值存储“相当看好”，并认为它“取代了”黄金。 ，他补充说，在民主党控制的国会下“大量”印钞对加密货币会有极大的好处”。 --CNBC 1/6/2021
No comments:
Post a Comment