The steep pullback in bitcoin prices (BTC-USD) this week doesn’t derail the bullish outlook for cryptocurrency, argues one veteran industry insider. “If we have enough volume from new buyers, we should go back and retest that $53,000 to $55,000 level. If we break through that, we will see new highs this year. I am still holding my projections that we will be hitting the $140,000 to $160,000 levels. It might take us into Q1 of next year because of this kind of flash crash and clean-up we… Source link
Read More »Why AT&T’s stock is getting smashed after mega media deal with Discovery
Wall Street is slicing and dicing the investment thesis on AT&T following its blockbuster sale of WarnerMedia to Discovery on Monday, and is coming to the conclusion there is really no reason to be optimistic on the stock in the medium-term. Shares of the soon-to-be telco plunged as much as 7% in Tuesday trading as investors questioned the long-term outlook for the company. “For AT&T investors, while we view this transaction, and the February announcement that it would sell DirecTV, as… Source link
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