RATE Group | Is Now the Time to Invest in Bitcoin?
84301
post-template-default,single,single-post,postid-84301,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Is Now the Time to Invest in Bitcoin?

Is Now the Time to Invest in Bitcoin?

[ad_1]

With global markets tumbling out of control, will Bitcoin finally fulfill its role as a hedge asset? Is now a good time to invest in Bitcoin?

CEO and co-founder of Quantum Economics Mati Greenspan and trader Michaël van de Poppe discuss how the Fed’s strategy of ‘QE to Infinity’ will help Bitcoin finally become a safe haven asset. But is now the time to buy or should you wait for further drops? Watch the full video to find out!

Bitcoin’s Key Level

In an article for Cointelegraph, Michaël identified $6,800-6,900 as the key level to watch. Unless Bitcoin is able to break through that level, he’s not very optimistic about upward movements:

“Until we don’t do that, I expect further downside to comments, just pure technical levels.”

Mati is also watching those levels, but he is more focused on the long term than the short term:

“So first of all, I only have bullish scenarios for Bitcoin. Yes, I would say 6,800 is a key level that has played out before…I would say overall,…

[ad_2]

Source link

Tags:
, ,