Bitcoin will trade under $5,000, warns Dennis Gartman: In the latest development, there seems to be nothing that can convince Dennis Gartman to turn bullish on bitcoin. Despite tanking this month, bitcoin has still soared over 1,400 percent this year. But Thursday on CNBC’s “Futures Now,” The Gartman Letter editor and publisher reiterated his skepticism … Read more
Bitcoin CRASH imminent? Investor warns bitcoin bubble is ‘bloodiest DANGER of the century’: Bitcoin prices are riding an all-time high but the hyper-inflated exchanges are the tell-tale signs of a major crash about to happen, said the CEO of Patriarch Equity investment group. Eric Schiffer, who has taken upon himself to warn potential investors against … Read more
Bitcoin price to hit $400,000, analyst who predicted cryptocurrency’s rise warns: BITCOIN’S price is set to surge into the hundreds and thousands, the analyst who predicted the cryptocurrency’s meteoric rise has claimed. Independent research analyst Ronnie Moas predicted over the summer that the value in Bitcoin would reach as high as $5,000 (£3,738) when the … Read more
– Andrew Bailey, chief executive of the Financial Conduct Authority, told BBC’s “Newsnight” on Thursday, “If you want to invest in bitcoin, be prepared to lose all your money” – Bitcoin’s meteoric price rise has stunned critics and enthusiasts alike, leaving investors scrambling to understand the driving factors for the digital currency’s runaway rally – … Read more