Wednesday, March 17, 2021

Now Is Another Opportunity To Jump On The Fast Moving Bitcoin Train 现在是跳上比特币快速列车的另一个机会

Bitcoin made all time high of $61782 on March 13, 2021. It then corrected down 8561 points to $53221 low on March 15. By today (March 17), the correction is over and is ready to challenge new high again. One of Bitcoin's unique characteristics is its corrections are big and fast and it has been always good to buy after a short term big drop.  The followings are reasons why  I am so sure Bitcoin is going to make new high again in the near term:

1. After two days of meeting, the Federal Reserve said it sees no interest rate hikes through 2023 and it will let inflation run hotter than usual to ensure a full economic recovery.  The Fed chairman has been saying he will keep interest rate low for a long time and there were skeptics but today's Fed sayings should convince those skeptics.  This continue easing from the Federal Reserve means there are going to be abundant of capital for risk investment. It is very bullish for Bitcoin.

2. Americans are receiving their $1400 stimulus checks now and part of these money are going to find their way into Bitcoin immediately.

3. Investors, institutions and corporations have been waiting for the right time to buy bitcoin and this is the perfect time since Bitcoin had just gone through a sharp correction, Federal Reserve continue to ease and stimulus money are ready to be spend.

I see Bitcoin will likely surge past its March 13 high of $61782 and moves on to $72000 short term. Hot Bitcoin related stocks are EBON, MOGO, CAN, MARA , RIOT and GBTC.






Latest news on Bitcoin:

On the topic of institutional involvement, meanwhile, this week was tipped by Bitcoin investment firm NYDIG to bring significant announcements from prospective large-volume corporate investors. In an episode of the On The Brink podcast recorded on March 10, CEO and co-founder NYDIG Robby Gutmann removed any doubt  that the institutional scene was about to transform."I think — I don't think, I know — starting more or less next week, you're going to see an absolute drumbeat of pretty game-changing milestone from some of these firms that are really going to mark each progressively new point in Bitcoin adoption, Bitcoin availability, Bitcoin products and services within the existing traditional financial landscapes," he said. ---Cointelegraph 03/17/2021

Wall Street firm Morgan Stanley’s wealth management unit on Wednesday published a research report arguing the “threshold is being reached” for cryptocurrency to become an investable asset class. On the same day, Morgan Stanley said it will offer its clients exposure to three bitcoin funds, while Hong Kong-listed software firm Meitu made additionalinvestments in bitcoin and ether. “This is a bullish step to further awareness and acceptance of bitcoin, and shows the organic underlying demand as investors look to seek alternatives to existing investment classes,” said Jason Lau, chief operating officer at San Francisco-based crypto exchange OKCoin. ---Coindesk 03/17/2021

As Cointelegraph reported, depending on the price indicator used, the peak could be uncomfortably near or still far off. For followers of stock-to-flow, the answer remains firmly the latter: Compared with previous bull cycles, 2021 is just getting started. “We are only 3.5 months into the Bitcoin bull market,” PlanB summarized.He referenced both his stock-to-flow, or S2F, and stock-to-flow cross-asset, or S2FX, models, which give an average BTC/USD price forecast of $100,000 and $288,000 during the current halving cycle, set to end in 2024. This is just the average, however, and PlanB believes that the peak of this cycle could be double those figures or even more — potentially in excess of $576,000. ---Cointelegraph 03/17/2021





比特币在2021年3月13日创下历史新高61782美元。然后下调了8561美元到3月15日的低位53221美元。到今天(3月17日),修正已经结束,并准备再次上升挑战新高。比特币的独特特征之一是其修正幅度大而又迅速,经过短期的大幅下跌之后,一直都是很值得买入的机会。以下是我如此确定它会在短期内再次创出新高的原因:

1.经过两天的会议后,美联储表示到2023年都不会加息,它将容忍比平时更高的通货膨胀,以确保经济全面复苏。美联储主席一直在说他将保持低利率很长时间,但很多人对此持怀疑态度,但今天美联储的声明应该说服了那些怀疑者。美联储的这种持续宽松意味着风险投资将得到大量资金。这对于比特币来说非常看好的。

2.美国人现在开始收到1400美元的经济刺激支票,其中一部分这些钱将会立即进入比特币市场。

3.投资者,机构和公司一直在等待合适的时机购买比特币,现在正是时机因为比特币刚刚经历急剧调整,美联储继续放宽货币政策及经济刺激资金准备入市。

我认为比特币短期内会突破3月13日的高点61782美元,并升至72000美元。正在当旺的比特币有关股票是EBON, MOGO, CAN, MARA, RIOT及GBTC。






比特币最新消息:

在机构参与的主题上,比特币投资公司NYDIG于本周暗示潜在的大公司投资者的重要公告。在3月10日录制的On The Brink播客的一集中,首席执行官兼联合创始人NYDIG Robby Gutmann消除了有关机构即将转变的任何疑问。下周,您将看到其中一些公司改变游戏规则的里程碑,这些公司将从现有的传统金融体系中在比特币采用,比特币可用性,比特币产品和服务方面的改变。”他说。 -Cointelegraph 03/17/2021

华尔街公司摩根士丹利(Morgan Stanley)的财富管理部门周三发布了一份研究报告,认为加密货币币已达到 一种可投资的资产类别的门槛。当天,摩根士丹利(Morgan Stanley)表示将向客户提供三只比特币基金的投资,而在香港上市的软件公司美图(Meitu)在比特币和以太币上进行了额外投资。位于旧金山的加密货币交易所OKCoin的首席运营官Jason Lau说:“这是进一步提高人们对比特币的认识和接受的看涨步骤,并显示出潜在的内在需求,因为投资者希望寻找现有投资类别的替代方案。” --- Coindesk 03/17/2021

正如Cointelegraph报道的那样,根据所使用的不同价格趋势指标,比特币可能会很不舒服的接近顶部或仍然很遥远。对于stock-to-flow的追随者而言,答案仍然是坚定的:与以前的牛市周期相比,2021年才刚刚开始。 PlanB总结说:“我们开始了比特币牛市只有3.5个月的时间。”他同时参考了他的stock-to-flow(S2F)和跨资产stock-to-flow(S2FX)模型,这些模型给出了平均比特币/美元价格预测分别为100,000美元和288,000美元,预计于2024年才结束。但这只是平均值,PlanB认为,该周期的峰值可能是这些数字的两倍甚至更多,甚至可能超过576,000美元。---Cointelegraph 03/17/2021



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