• Latest
Bitcoin Dips Down to an 8-day Low as the Selling Pressure Increased

Bitcoin Could Surpass $300,000 by the Stop of This Year, suggests Bobby Lee, Founder of BTCC Exchange

March 22, 2021
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

Bitcoin Could Surpass $300,000 by the Stop of This Year, suggests Bobby Lee, Founder of BTCC Exchange

coinnewsdaily by coinnewsdaily
March 22, 2021
in Ripple
0
Bitcoin Dips Down to an 8-day Low as the Selling Pressure Increased
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

Bitcoin’s increasing on-chin exercise signifies that the coin could surpass $60,000 once again.

Bitcoin’s on-chain Exercise and its Value

Santiment, an on-chain analytics supplier, place ahead a projection that claims:

“$BTC 7 working day common above everyday active addresses in sideways while value action climb firm fs. The upside trend is the strongest when backed by on-chain traits,”

The tweet, citing the observations of certified Specialized analytics “CRYPTO₿IRB”, further more asserted that there exists a correlation “between $BTC‘s every day energetic addresses and price”. They are projecting that simply because of the Bitcoin on-chain action it could probably surpass $60,000.

The on-chain activity of the bitcoin has been surging considering that the 2nd quarter of 2020 but it did not manifest by itself in the price tag of the coin until mid-Dec.

Investors Keeping on to BTC

Additional, a further crypto analytics business Glassnode, has occur up with details that reveals that folks are not anymore preferring to promote off their BTC’s.

They projected that the folks with older BTC’s are somewhat far more hesitant of providing their BTC’s than folks with fairly newer BTC’s-who are also tempted much more towards holding their BTCs than just before.

Marketplace Sentiment

Bobby Lee, the founder of BTCC, the longest-jogging crypto trade, appeared on CNBC’s “Squawk Box Asia” on Monday and instructed that Bitcoin is in a peak season which, he states, will come and goes each and every three to four a long time. He asserted that previously Bitcoin has gone via these types of a period in 2013 and 2017.

According to Bobby Lee, in contrast to any other time, this time it is the major one. He advised that the BTC could attain $100,000 by the Wintertime this 12 months and $300,000 by the conclude of the calendar year.

But at the exact time, he also warned that the bubble could possibly burst right after the BTC hits the peak. He stated:

“So soon after it peaks out, whether or not it is $200,000, $100,000 or $300,000, individuals must be aware that it could fall as a great deal as 80% to 90% of its worth from the all-time peak.”

Generally, the marketplace perception is rather combined but the a single issue about what pretty much every person appears selected of is the idea that shortly the BTC is meant to go bullish far more intensely.

Tags: BTCC Exchange BitcoinfounderMajoron-chain analytics supplierRippleValue Santiment
Share76Tweet47
Previous Post

Ripple’s XRP Hits A person-Month High on Trade Re-Listing Prospect

Next Post

VR Content material System Dvision Network to Auction Crypto Superstar Avatar and Other Limited-Edition NFTs

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
VR Content material System Dvision Network to Auction Crypto Superstar Avatar and Other Limited-Edition NFTs

VR Content material System Dvision Network to Auction Crypto Superstar Avatar and Other Limited-Edition NFTs

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,362.00-0.32%
  • ethereumEthereum(ETH)$1,661.871.11%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$329.911.23%
  • rippleXRP(XRP)$0.410979-0.52%
  • cardanoCardano(ADA)$0.4016060.09%
  • dogecoinDogecoin(DOGE)$0.0944322.62%
  • matic-networkPolygon(MATIC)$1.234.01%
  • okbOKB(OKB)$41.344.36%
  • solanaSolana(SOL)$24.570.95%
  • shiba-inuShiba Inu(SHIB)$0.00001413.34%
  • polkadotPolkadot(DOT)$6.911.96%
  • litecoinLitecoin(LTC)$99.010.34%
  • tronTRON(TRX)$0.063818-0.59%
  • daiDai(DAI)$1.00-0.11%
  • cosmosCosmos Hub(ATOM)$14.81-1.03%
  • chainlinkChainlink(LINK)$7.220.61%
  • ethereum-classicEthereum Classic(ETC)$23.410.41%
  • leo-tokenLEO Token(LEO)$3.442.22%
  • moneroMonero(XMR)$173.91-0.07%
  • bitcoin-cashBitcoin Cash(BCH)$137.19-0.95%
  • stellarStellar(XLM)$0.0931530.63%
  • filecoinFilecoin(FIL)$5.601.40%
  • crypto-com-chainCronos(CRO)$0.0823542.03%
  • algorandAlgorand(ALGO)$0.2692194.37%
  • vechainVeChain(VET)$0.0247510.46%
  • internet-computerInternet Computer(ICP)$5.820.74%
  • aaveAave(AAVE)$90.191.75%
  • eosEOS(EOS)$1.100.68%
  • elrond-erd-2MultiversX(EGLD)$45.771.36%
  • theta-tokenTheta Network(THETA)$1.110.72%
  • tezosTezos(XTZ)$1.152.95%
  • huobi-tokenHuobi(HT)$5.65-1.28%
  • paxos-standardPax Dollar(USDP)$1.00-0.46%
  • havvenSynthetix Network(SNX)$2.789.40%
  • bitcoin-cash-svBitcoin SV(BSV)$43.370.43%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.365.14%
  • dashDash(DASH)$61.45-0.23%
  • iotaIOTA(MIOTA)$0.2423943.85%
  • makerMaker(MKR)$714.335.97%
  • neoNEO(NEO)$8.871.24%
  • zcashZcash(ZEC)$46.660.49%
  • zilliqaZilliqa(ZIL)$0.0302534.30%
  • basic-attention-tokenBasic Attention(BAT)$0.2803894.52%
  • compound-governance-tokenCompound(COMP)$53.81-0.21%
  • nemNEM(XEM)$0.0406050.97%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$37.941.38%
  • bitcoin-goldBitcoin Gold(BTG)$17.441.92%
  • sushiSushi(SUSHI)$1.562.54%
  • qtumQtum(QTUM)$2.811.64%
  • wavesWaves(WAVES)$2.85-3.16%
  • golemGolem(GLM)$0.2637474.74%
  • yearn-financeyearn.finance(YFI)$7,932.972.58%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • omisegoOMG Network(OMG)$1.550.05%
  • ontologyOntology(ONT)$0.2230533.16%
  • digibyteDigiByte(DGB)$0.0111962.92%
  • umaUMA(UMA)$2.131.19%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%