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Archive for May 2020

Long-Term Bitcoin Outlook Is “Super-Bullish,” Says Analyst Who Called 2019 Bottom

Bitcoin remains far below the $20,000 all-time high it established at the end of 2017’s crypto mania. But this hasn’t stopped investors from being extremely optimistic about the cryptocurrency. One prominent analyst recently said that the asset is looking “super bullish” from a long-term perspective. His comments are especially notable as he is an analyst…

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Why Goldman Sachs Scathing Crypto Report Is Still Positive For Bitcoin

Yesterday, multi-trillion-dollar asset management firm Goldman Sachs held a call regarding Bitcoin that was especially scathing. Although the firm trashed cryptocurrencies, there are a number of positives that come out of the situation. Goldman Sachs Slams Crypto In Call With Chief Investment Officer Over the weekend, news broke that Boston-based Goldman Sachs was planning to…

Read More vs Bybit vs Bitmex: Cryptocurrency Exchange Review 2020

Cryptocurrencies are gradually growing in popularity among traders as a tradable asset class on a par with traditional assets such as stocks, forex, and commodities. The appeal of cryptocurrency trading is growing due to its inherent volatility, massive trading volumes, 24-hour market, and opportunities for arbitrage. Now, everyone from retail investors to crypto whales, VCs,…

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Comparing Bitcoin and S&P 500 To The Great Depression

A false bottom giving false hope ahead of the Great Depression is drawing comparisons to the current S&P 500, which has made the sharpest bear market recovery in history. Further comparisons to Bitcoin show why false bottoms are the most devastating challenge for long-term investors. S&P 500: Sharpest Bear Market Recovery, Or Prelude to Another…

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