By Emir Abyazov Bitcoin Forecasts and macroeconomic drivers BitMEX co-founder and Maelstrom investment director Arthur Hayes dismissed Bitcoin’s four-year cycle theory, predicting it will rise to $200,000 thanks to macro liquidity. Meanwhile, crypto skeptic Peter Schiff warned of the asset’s loss of momentum and gold’s relative advantage. BitMine CEO Tom Lee, by contrast, believes that […]
Tag: Israel
By Emir Abyazov U.S. stock futures hit an all-time high, paving the way for Bitcoin to reach a new peak. The S&P 500 futures index hit 6,163 points, surpassing its February peak, while the tech-heavy Nasdaq Composite futures set a new record at 20,180 points. 1-year chart of the S&P 500 index. Source: marketwatch The […]
By Emir Abyazov Trading firm QCP Capital has published a new report noting a dramatic shift in financial market sentiment. Despite ongoing geopolitical tensions, investors are shifting en masse to higher-risk strategies, ignoring traditional safe harbors. Markets Are Ignoring Military Conflicts Traders’ behavior after Israel resumed limited strikes, just hours after announcing a tentative truce, […]