aeonflux-3D
  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
  • Home Page
  • About us
    • Aeon FLux cosa facciamo
    • What we do
  • Tokens
    • White Paper Aeon Flux Gold Plus
    • White Paper Aeon Flux Gold 100
    • White Paper Big Taurus CLUB
  • Our services
  • Our clients
  • Contact
Billionaires Who Made Their Fortunes Early On in the ‘Crypto Game’
October 7, 2021
Stock Buybacks: A Major Reason For The Market’s Rise?
October 7, 2021
Show all

PlanB: Bitcoin Could Reach $288,000 this Cycle

Published by Aeon Flux on October 7, 2021
Categories
  • News
Tags

In this edition, we discuss where the top players in crypto expect the bitcoin price to land as the bull market returns.But as the pioneer crypto steals the show and capital flows back to the king, where does this leave altcoins, decentralised finance, and yield-bearing crypto products?Let’s dig in.PlanB — the chart analyst behind the stock-to-flow model says Bitcoin could reach $288,000 or more this cycle. The analyst has over 25 years of experience in institutional investing.Check out the full article here!The Bull market is BackThe bull market is back. Bitcoin extended its rally to the top of the wedge ($52,000) and then some during Wednesday trading. The new local high of $55,300 cements the trend reversal in the broader cryptocurrency market, with prices being only 17.5% away from all-time highs.At the time of writing, prices are above all key moving averages and indicators with virtually no overhead resistance except for the $55,000 — $57,000 region. If BTC/USD starts to lose $49,000 on a closing daily basis, then it will be time to revisit the High time frame picture. Until then, the Q4 outlook is clearly forward-looking.Aside from that, there isn’t much to talk about with regards to prices that haven’t been said already.Notably, Bitcoin has taken the limelight from altcoins during this upthrust. In fact, BTC.D has surged 6.4% since prices bounced from $46,800 on October 4th.Capital flows are funnelling into Bitcoin, and it would not be surprising to eventually hear rumors of central banks adopting BTC as collateral once the ongoing monetary crisis reaches its apex. El Salvador has rattled the cages, and it would be naive to think that this is the end rather than the beginning of a trend among countries. But I digress.Normally, BTC/USD tends to print new all-time highs before money circulates back into…

Share
0
Aeon Flux
Aeon Flux

Related posts

November 12, 2021

The quest of STABLECOINS — The way of all stable crypto things


Read more
November 12, 2021

Fueled by Latest Inflation Figures, Bitcoin Jumps to a New All-time High


Read more
November 12, 2021

Will Positive Earnings Surprises Continue To Support Markets?


Read more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Discover opportunity

  • Home Page
  • About us
    • What we do
    • Aeon FLux cosa facciamo
  • Services
    • Gold Service
  • News
  • Tokens
    • Token Gold Plus ITA
    • Token Gold Plus – EN
    • White Paper Aeon Flux Gold PLUS
    • White Paper Big Taurus CLUB
    • White Paper Aeon Flux Gold 100
  • Contact
  • Client Area
  • en_GBEnglish
    • fr_FRFrench
    • pt_BRPortuguese
    • ru_RURussian
    • zh_CNChinese
    • arArabic
    • es_ESSpanish
© 2022 Aeon Flux OU Harju maakond, Tallinn, Lasnamäe linnaosa, Lõõtsa tn 5, 11415- Cn° 16301206 -VAT N° EE102424021 - EMTAK code 46901 - Duns N° 686889151
.
All Rights Reserved.
Powered by IWG Web Agency
Privacy PolicyCookie Policy