Tag Archives: prediction

During the last ten years, we have been witnessing massive changes in the cryptocurrency sector. Bitcoin, for example, went from being an interesting experiment for a mainstream investor portfolio mainstay to a new asset class and digital gold. Bitcoin (BTC) Several factors support higher Bitcoin prices, including better acceptance by traditional companies and the rising demand from Bitcoin ETFs. Experts say Bitcoin has the possibility of topping $100,000 by the end of 2023 but some analysts… Source link

The fast-spreading Omicron variant isn’t shaking the confidence (yet) on Goldman Sachs’ call for double-digit percentage returns for the S&P 500 next year.  Goldman’s chief U.S. equity strategist David Kostin reiterated Monday an S&P 500 target by the end of 2022 of 5,100. The figure marks a potential 12% increase in stock prices as measured from the S&P 500’s current level.  “We expect that these gains will be driven primarily by earnings per share growth of 8% combined with a stable P/E… Source link

After a bullish end to the week for Bitcoin and the broader market on Sunday, it was a particularly bullish morning for the crypto majors this morning. At the time of writing, Bitcoin, BTC to USD, was up by 8.97%to $38,591.0. A mixed start to the day saw Bitcoin fall to an early morning low $35,233.0 before making a move. Steering clear of the first major support level at $34,386, Bitcoin rallied to an early morning current day high $39,777.0. Bitcoin broke through the day’s major resistance… Source link

A survey shows hedge funds plan to increase their exposure to cryptocurrencies by 2026. Photo: Getty Images Bitcoin dropped below $40,000 (£28,410) on Tuesday morning even as a survey showed hedge funds interest is on the up and billionaire venture capitalist Tim Draper said he is sticking by his prediction that the cryptocurrency will reach $250,000 by the end of 2022 or early 2023. Bitcoin (BTC-USD) was down 1% and trading at $39,717 a day after it got a boost as American hedge fund magnate… Source link

One year ago today, the World Health Organization (WHO) declared Covid-19 a pandemic, the first caused by a coronavirus. As we enter year two of the pandemic, let’s remind ourselves of some sobering statistics. So far, there have been more than 117.4 million confirmed cases of Covid-19 around the world; more than 2.6 million people have died. A total of 221 countries and territories have been affected. Some 12 of the 14 countries and territories reporting no cases are small Pacific or Atlantic… Source link