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Tron Could Be Ready For $0.1 After Hard Fight, Here Is Why?

Tron Could Be Ready For $0.1 After Hard Fight, Here Is Why?

in Tron
TRX price could be ready for a short-term relief rally as the price breaks out from the downtrend, creating more bullish sentiment for a recovery. TRX looks strong on both low and high timeframes.  The price of TRX breaks out on the daily timeframe after forming a descending triangle. Tron (TRX) has struggled to remain bullish against tether (USDT) after seeing its price rejected from a region of $0.11 on several occasions to trend higher. Tron (TRX), despite being loved by the Tron community, the token has had its fair share of the current bear run coupled with the rumors […]
The Middle East Could Adopt Bitcoin Soon – Serbian Monarch

The Middle East Could Adopt Bitcoin Soon – Serbian Monarch

Summary: Filip Karadjordjevic surmised that Bitcoin might experience adoption by a Middle Eastern country sooner than you think. The Hereditary Prince of Serbia and Yugoslavia shared his theory on a recent podcast. Karadjordjevic believes that BTC is perfect for some Arab states since they operate with Sharia law. Digital assets are increasingly popular in the Middle East, per a Chainlysis report. Jurisdictions like Dubai have set up their own crypto licensing structures. Platforms like Binance and FTX receive approval to operate in the United Arab Emirates. The Hereditary Prince of Serbia and Yugoslavia, Filip Karadjordjevic, believes that Bitcoin could see […]
Bitcoin Could Drop Another 20 – 40% On a US Recession – Crypto Analyst

Bitcoin Could Drop Another 20 – 40% On a US Recession – Crypto Analyst

Cryptocurrency Summary: Timothy Peterson has forecasted that the United States might already be in a recession. If such is the case, the Bitcoin and crypto markets could drop by an additional 20 – 40%. Bitcoin’s 2017 all-time high of around $20k continues to be the make-or-break level. Bitcoin and crypto analyst, Timothy Peterson of Cane Island Alternative Advisors, has forecasted that the United States might already be in a recession. He shared his analysis of a possible slowdown in the US economy through the tweet below that quoted a CNBC article pointing out that the Atlanta Fed GDP tracker also […]
Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

Bitcoin Could See 10% Jump, As Volatility Drops To 18-Month Low

Bitcoin After its third-largest weekly fall in over a year, the Bitcoin (BTC) price has finally began to rise. BTC’s price has effectively rebounded from the important support level of $37,500, despite an impending Federal Reserve rate hike. Bitcoin Bitcoin Poised For 10% Jump Various analysts, like The Wolf of All Streets, Michael van de Poppe, and PlanB, are bullish on the bullish trend, with the Bitcoin price currently holding above $39,000. In a tweet on May 4, on-chain data provider Santiment published historical data showing a 20% rally as a result of BTC transactions is negative at the same […]
Bitcoin Could Hit $1M and Gold $10k to $20k by 2030 – Former Bitmex CEO

Bitcoin Could Hit $1M and Gold $10k to $20k by 2030 – Former Bitmex CEO

Summary: Arthur Hayes has forecasted that Bitcoin could get to $1 million and Gold to $10,000 to $20,000 by the end of the decade Mr. Hayes’ forecast of Bitcoin and Gold is based on an event he describes as ‘the Doom Loop’ The Doom Loop is when the US Federal Reserve starts to pay ‘more in interest on its debt than it receives in tax receipts’ Accommodating the Doom Loop will involve the Fed easing its measures in fighting inflation The Co-founder and former CEO of Bitmex, Arthur Hayes, has forecasted that Bitcoin could get to $1 million and Gold […]