L’amministratore delegato di DeVere dice che Bitcoin

L’amministratore delegato di DeVere dice che Bitcoin aumenterà del 50% e „forse raddoppierà“ nel 2021

Un altro finanziatore istituzionale è uscito con un’audace previsione Bitcoin.

Il rally parabolico di Bitcoin (BTC) è appena iniziato, secondo Nigel Green, fondatore e CEO della società di consulenza finanziaria deVere Group con sede a Dubai.

In un articolo pubblicato giovedì su Newsmax, Green ha proclamato con coraggio che la Bitcoin avrà un altro „anno da record“ nel 2021, con prezzi destinati ad esplodere di almeno il 50% e „eventualmente raddoppiare“.

Ha fatto la previsione proprio come il Bitcoin ha raggiunto il picco di oltre 23.000 dollari giovedì per la prima volta in assoluto. L’ammiraglia della Bitcoin Loophole valuta digitale avrebbe continuato a commerciare fino a 23.777 dollari su Bitstamp prima di subire un piccolo ritiro.

Sulla base dei valori attuali, Green si aspetta che BTC raggiunga tra i 34.500 e i 46.000 dollari l’anno prossimo.

Pur riconoscendo che Bitcoin non salirà in linea retta, Green dice che l’afflusso di investitori istituzionali porterà ad un aumento dell’interesse dei consumatori, creando la tempesta perfetta per la scoperta dei prezzi.

Ha scritto:

„Alcune delle più grandi istituzioni del mondo – tra cui le società di pagamento multinazionali e i giganti di Wall Street – si ammassano sempre più nella cripta, portando con sé la loro enorme esperienza e il loro enorme capitale, il che a sua volta, accresce l’interesse dei consumatori“.

Il gruppo deVere di Green’s deVere ha dedicato molto tempo alla ricerca di beni digitali

Il mese scorso, la società di consulenza ha pubblicato i risultati di un sondaggio che mostra che il 73% degli intervistati è rialzista verso le valute criptate, rispetto al 68% del 2019. Questa cosiddetta indagine sui milionari sottolinea un importante cambiamento in atto all’interno dei circoli del denaro intelligente.

La domanda istituzionale è stata un catalizzatore primario dietro il mercato dei tori di Bitcoin ed è una delle ragioni principali per cui l’attuale tendenza al rialzo si differenzia nettamente dal top del 2017.

Un altro importante catalizzatore è la storia che Bitcoin è una copertura contro l’inflazione e l’incertezza macroeconomica – qualcosa che Green ha toccato nel suo articolo.

Egli ha spiegato:

„[…] con i governi che continuano a sostenere le economie e ad aumentare la spesa a causa della pandemia, gli investitori guarderanno sempre più alla Bitcoin come a una copertura contro la legittima preoccupazione per l’inflazione“.

OKEx CEO explains recent suspension of withdrawals

The CEO of OKEx spoke about fears surrounding the recent suspension of withdrawals on the platform.

Jay Hao apologized to those affected and thanked the users who continue to support OKEx.

The platform will also update its private key management processes and its rewards system.

Jay Hao recently hosted a question-and-answer session to address user concerns about the suspension of OKEx withdrawals.

In October, problems with one of the private key holders of the OKEx exchange forced the platform to halt withdrawals for about five weeks.

In the recent question-and-answer session, Mr. Hao reiterated his apologies for the stress and uncertainty this sudden suspension has caused. He also detailed updates to the platform’s private key management system, as well as a new rewards program for users.

Jay Hao apologizes to users for suspended withdrawals

Last week, Jay Hao, CEO of OKEx, answered questions from platform users during a question-and-answer session on the exchange’s telegraph channel. During the session, Hao reiterated that users‘ property has never been in danger, but apologized for the stress and inconvenience caused by the uncertainty.

As BeInCrypto previously reported, the major exchange halted user withdrawals on October 16. The latter’s holdings remained frozen on the platform until it resumed withdrawals on November 26.

OKEx explained in a previous blog post that one of the platform’s private key holders assisted Chinese authorities in an investigation. The exchange had apparently not considered such incidents as part of its contingency plan.

During the question and answer session, Mr. Hao noted that trading activity naturally declined on the exchange during the five-week suspension. As soon as withdrawals resumed, many users immediately withdrew funds from the exchange:

Despite the clear signs of loss of user confidence, Hao praised the “supportive and loyal” customers who conveyed messages of support.

He also touched on the growing maturity of the wider cryptocurrency market – apparently evidenced by the excellent performance of BTC during this period.

New rewards for users

In order to avoid possible future incidents that would prevent users from accessing their funds, the exchange reportedly updated some of its internal processes. Among these modifications, we find in particular the way in which it generates and saves the private keys as well as the backup of its main private keys.

Mr. Hao also commented on the reports regarding OKEx’s on-chain cash outflows prior to service resumption. He claimed that wallets identified as belonging to the exchange were mislabeled, which led to incorrect reporting of funds leaving the platform.

Why hasn’t the price of Bitcoin reached a new all-time high yet?

The price of Bitcoin has recovered to new highs on multiple exchanges, but it still hasn’t surpassed its December 2017 record high on Coinbase.

The price of Bitcoin (BTC) reached $19,873 in Coinbase on November 30th, surpassing $19,000 in an amazing recovery rally. Although many in the crypto sector celebrate that BTC has reached a historic high, it still hasn’t.

In Coinbase, the price of Bitcoin peaked at USD 19,891 in December 2017. The all-time high in Coinbase is particularly important because it has consistently been the leading crypto currency exchange in the U.S. for the past several years.

Bitcoin Price Plummets at Kraken after Historic Peak

Monthly BTC/USD graph in Coinbase.

In addition, some of the major global exchanges such as Binance were launched in mid-2017. One could argue that an exchange that has been in existence since 2012 is more important in terms of historical price data and, to date, Coinbase remains one of the main exchanges used by retail investors.

Bitcoin’s historical highs vary among exchanges

2017 was a tumultuous period for cryptomonies. By the time Bitcoin reached a new all-time high, it saw price swings of 30% to 50% in one week, as the crypto currency exchange market showed a lack of liquidity.

The price of XRP points to $1 while the price of BTC soars

Currently, the historical highs differ by almost USD 300 between exchanges. For example, in Kraken and Bitstamp, BTC reached a peak of USD 19,660 and USD 19,666, respectively. Today, the price of BTC reached a new historical high in both exchanges.

In Binance and Huobi, BTC reached a high of USD 19,799 and USD 19,867, which were also achieved on November 30th.

As of this writing, Bitcoin has yet to see a new record in Bitfinex, Coinbase and Gemini, which are also casually known as the whale exchanges due to their high liquidity.

In 2017, Coinbase was a leading exchange in terms of trading volume, and in the minds of many traders, seeing the price exceed its previous all-time high would provide additional confirmation that a bull market has officially begun.

For many traders, USD 20,000 is the barrier to be broken, as it will officially set a new historical record for the highest rated digital asset.

A trader known as „Bitcoin Jack“ pointed to Bitfinex as the most liquid exchange during this ongoing rally. Therefore, considering that the historical highs of Gemini and Coinbase are close to that of Bitfinex, the $19,873 level is an accurate historical high. He said:

„You have to be careful, as liquidity to open interest rates was affected in most exchanges. It means that, until liquidity is replenished, the amount of liquidity against OI is relatively low, allowing for less contained cascades on both sides. As always, Finex is the king of liquidity.

What’s next for the price of Bitcoin?

Chain analysts, including CryptoQuant CEO Ki Young Ju, predicted that the whales would try to reach an all-time high and apply significant selling pressure.

As Bitcoin approached its record in Coinbase, there was a sudden massive sale, which took BTC to just $18,998 in two hours.

Following the high level of volatility and a whale-induced sell-off, open interest in the futures market was affected and exchange order books have been hampered.

Bitcoin price reaches USD 19,000 and bulls are confident about a record gap in BTC futures

There are two short-term scenarios that Bitcoin might see after its first attempt to get out of its historical high.

First, momentum may continue in the Asian markets during their morning session and this could catalyze buyer demand to increase again.

Second, Bitcoin could consolidate below its historical high of $19,873, possibly ranging from $19,000 to $19,873. This scenario is the most ideal for BTC to see a sustainable rally, as it would prevent the derivatives market from overheating.