Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Could Crypto Pump Hard and Longer?
Description
Bitcoin has continued to trade below the psychologically important $60 thousand dollar level, causing some investors to remain bullish. However, other investors are not so optimistic. Crypto trader Lark Davis took to Twitter ($TWTR@US) on Thursday to say that the market’s current cycle “will pump harder and longer than most of you are prepared for” to beat investment expectations. Lark also went on to say that there will be no Bitcoin top until well into 2022. CryptoQuant’s BaroVirtual said that whales are collecting Bitcoin at a slower pace, exercising a bit of caution. OANDA Senior Analyst, Edward Moya, said that Bitcoin has been stuck between 54 thousand and 60 thousand, and it could stay rangebound for much longer. Additionally, Delphi Digital says that Bitcoin and Ethereum balances have been dropping since April, hitting a 3-year low, meaning that exchange balances might not be as strong of an indicator as it used to be. At press time, Ethereum was up nearly a percent.
Keywords & Tags
#crypto
#cryptocurrency
#nft
#non-fungible token
#finance
#inflation
#business
#crypto news
#blockchain
#tech
#Twitter
#altcoins
#economic recovery
#digital asset
#crypto broker
#crypto mining
#economic growth
#virtual currency
#OANDA
#economic outlook
#crypto experts
#whales
#Crypto Pump
#Beat Investor Expectations
#remain bullish
#Crypto trader
#Lark Davis
#pump harder and longer
#Bitcoin top
#CryptoQuant
#BaroVirtual
#Senior Analyst
#Edward Moya
#rangebound
#Delphi Digital
#exchange balances
More from User
01:04
Oil Falls On Strait Easing
Benzinga
01:00
DOJ Fund Lawsuit Advances
Benzinga
00:56
FAA Speeds Aircraft Reviews
Benzinga
01:03
Apple Price Hikes Hit
Benzinga
01:07
Bumble Explores Sale
Benzinga
00:51
VW Job Cut Plan
Benzinga
Related Videos
02:41
Fil Coin 10,000% PUMP 🚀 #crypto #trading #altcoins 🚀 SINDHI TRADING
maxRECORDS
12:35
Best Crypto Strategy 2023 - Bitcoin, Ethereum and Altcoins Technical Analysis, Crypto Market Overview Part 1 US500_DXY
Newscrypto.io
11:07
Best Crypto Strategy 2023 - Bitcoin, Ethereum and Altcoins Technical Analysis, Crypto Market Overview PART 4_FIL_ALGO_ATOM_SUSHI_APE_LINK
Newscrypto.io
01:04
Crypto market crash! BTC dips below $100k, dragging altcoins down. Time to strategize—what’s your next move Visit-- https---www.coingabbar.com-[Crypto crash, BTC $100k, altcoin dip, bond yields, labor m
CoinGabbar
12:13
Best Crypto Strategy 2023 - Bitcoin, Ethereum and Altcoins Technical Analysis, Crypto Market Overview PART 3 GALFTUS_CHZ_SEED_MATIC_ADA
Newscrypto.io
03:54
REASON BEHIND CRYPTO BOOST || REAL PUMP/FAKE PUMP? || CPI AND US INFLATION DATA OUT || CRYPTO NEWS
cryptotalkpoint