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
Dock Price Prediction
July 14, 2021
Data Analytical Firm Santiment Reports That Ethereum (ETH) Fees Are at Eight-Month Lows
July 14, 2021
Show all

Skybridge CIO, Troy Gayeski: “Bitcoin Is Setting Itself Up For Some Supply Shock”

Published by Aeon Flux on July 14, 2021
Categories
  • News
Tags

Troy Gayeski, a Co-Founder and Senior Portfolio Manager at SkyBridge, recently told Bloomberg that Bitcoin is preparing for “some supply shock,” similar to that which occurred in November.Read: Apple Co-Founder, Steve Wozniak: “Bitcoin Is The Most Amazing Mathematical Miracle”Gayeski claims that many strong holders are reasserting themselves based on BTC on-chain data. He adds that Bitcoin risk-reward is now more upwardly biased.He said:“The On-chain data is basically telling you that lot of strong holders are reasserting themselves and accumulating from those that got into the market last year, And BTC is setting itself up for some type of supply shock very to similar to what we had in last October-November And we think the Risk-Reward is skewed again to the upside.”Read: Twitter And Square CEO Jack Dorsey Confirms Square Is Building a Bitcoin Hard WalletSkyBridge Capital launched a Bitcoin fund at the close of 2020. Gayeski claims that the firm was forced to reduce its position due to falling prices and invested some of its capital into Ethereum.Gayeski believes that bitcoin will continue to be the most valuable store of value.The US Securities and Exchange Commission delayed a decision last week on a Bitcoin exchange-traded funds (ETF) filed in May by SkyBridge Capital.Bitcoin is trading in the same range for many weeks as bears and bulls continue their tug of war.Read: A New Bill Submitted By Argentine Lawmaker Propose Bitcoin SalariesAccording to Pete Humiston, Manager of Kraken Intelligence, BTC Bollinger Bands that are used by traders to measure volatility have been the tightest since October 13.It feels like volatility is in the air…#Bitcoin’s Bollinger bands haven’t been this tight since October 13, 2020. History suggests . pic.twitter.com/6Djv5cbPcA- Pete Humiston (@1337_pete) July 12, 2021Tight range Bollinger Bands history suggests that high volatility is coming soon.

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