Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target By Cointelegraph
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A potential decoupling scenario between (BTC) and the can push BTC’s price to $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital.
Demeester depicted Bitcoin’s growing market valuation against the tech-heavy United States stock market index, highlighting its ability to break out every time after a period of strong consolidation.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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A potential decoupling scenario between (BTC) and the can push BTC’s price to $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital.
Demeester depicted Bitcoin’s growing market valuation against the tech-heavy United States stock market index, highlighting its ability to break out every time after a period of strong consolidation.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.