Search results for Mike McGlone
Crypto
Peter Brandt considers selling bitcoin to buy gold as BTC bottom calls resurface
Veteran trader Peter Brandt said he is considering selling part of his bitcoin holdings and moving the money into gold. He said gold is likely to show clear strength versus bitcoin, citing a gold-bitcoin ratio chart he presented. Brandt has recently warned traders not to rule out further declines and said a tradable bottom may not appear before October. He has also maintained a long-term bullish target for bitcoin in 2029.
Crypto
Bitcoin stalls below key resistance line as outlook divided on next move
Bitcoin continues to move sideways just below an early-February resistance level, with views split on what comes next. It traded around $71,200, while ether was at $2,185. Risk appetite improved after a U.S.-Iran ceasefire, but crypto markets did not extend gains. Bitcoin futures open interest rose to a one-week high. Volatility indicators for bitcoin and ether kept falling, while option activity showed continued but easing put demand.
Crypto
Cathie Wood says bitcoin is a proven asset and big crashes are over
Cathie Wood (캐시 우드), CEO of Ark Invest, said bitcoin will no longer repeat market cycles in which it falls more than 85 percent from a record high, Cointelegraph reported. In a CNBC interview, she called bitcoin a “proven asset” and said the market would view a 50 percent drop as a major win. Some analysts disputed her view, including a forecast for a $34,000 low in 2026.
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Crypto
Bitcoin drawdown shrinks as Wall Street sees it as portfolio asset
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Crypto
Bitcoin at $1 million optimism vs zero-collapse view: what do experts think?
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Crypto
Michael Saylor says bitcoin ultimately either $0 or $1 million
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Crypto
Bitcoin at $10,000 or $500,000? Bears and bulls remain locked in standoff