Bloomberg Technology

Bitcoin’s 2020 Rally

Dec.22 — Bitcoin has been on a tear this year, leaving investors wondering if the cryptocurrency could be a sustainable investment. Zac Prince, chief executive officer at BlockFi Inc., discusses how Bitcoin could perform in 2021 on “Bloomberg Technology.”

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Dec.22 — Bitcoin has been on a tear this year, leaving investors wondering if the cryptocurrency could be a sustainable investment. Zac Prince, chief executive officer at BlockFi Inc., discusses how Bitcoin could perform in 2021 on “Bloomberg Technology.”

20 Comments

  1. punk1498

    December 22, 2020 at 11:32 pm

    Bitcoin recorded a stellar session last week as its price cracked through the $20,000-resistance level and proceeded to log its record high of $24,300 this Sunday. By and by, the rally additionally drove the cryptocurrency’s energy readings into overbought districts, a move that commonly follows a drawback revision. The new weeks began under the normal bearish predisposition. Traders auctions off their beneficial possessions at the nearby price top, causing BTC/USD to move lower. The slant additionally swelled as the US dollar recovered strength subsequent to hitting its two-year low, giving Bitcoin a lot of space to continue moving lower.The analyst likewise raised theory that traders will sell-off their productive Bitcoin possessions to repurchase them later at lower prices. There have been a new flood in the quantity of investors coming into the crypto market as indicated by experts, and this undeniable in the quantities of beginners looking for proficient help with the craft of exchanging and overseeing crypto assets as of late. I have been a terrible trader up until I saw Ethan Mckenzie program on exchanging crypto assets, preceding utilizing his signs, I have had the option to assemble an extraordinary trading portfolio, am perched on an trading portfolio of around 9 btc, I would exhort each novice and traders generally to look for the help of a specialist prior to diving into exchanging any crypto resource. Ethan can be reached on t*e*l*e:qr*a*m (ethanmckenzie) and w*h*t’s-a*p (+447723042647) for enquires.

  2. christopher kenneths

    December 22, 2020 at 11:43 pm

    There will only be 21 million Bitcoin. 18 million are in circulation and a lot have been lost. There is probably only 12 million left. Only 21 million people can own even one Bitcoin. Imagine how few people can own 10 Bitcoins. There will probably be less than 10,000 people that have 100 in the end.

    • Asraf Fadzil

      December 22, 2020 at 11:50 pm

      It can be use up to 0.00000001 prefix, we called 1 satoshis, and thats the value of about 2$

    • freddy macintosh

      December 23, 2020 at 12:21 am

      Right. but if you consider that Bitcoin can be divided even half of a Bitcoin will be rare.

  3. Cindy Hooper

    December 22, 2020 at 11:46 pm

    If you ever doubt the power of big round numbers, the recent rally should set you right. I’ve said it so many times in the past – humans are crazy about these psychological barriers, and with Bitcoin, I knew once that $20,000 was pushed out of the way, there would be an absolute scramble on board. Thus, we get more than a 20% gain in a matter of hours. The funny thing is that, insane as this is, Bitcoin at $20,000 is now the “bargain” level. From a charting perspective, $20,000 would be a gift from above! It’s hard to say if anyone will get the chance. These bursts are sometimes followed by second bites at the proverbial apple, and sometimes there is no looking back. Trading the crypto market has been a life changer for me. I almost gave up on crypto currency at some point not until I got a proficient broker Oscar Parkes to handle my trades. I made more profit than I could ever imagine. I’m not here to converse much but to share my testimony; I have made total returns of about 5.6BTC from an investment of just 0.95BTC. Thanks I’m grateful especially during the lockdown. I have been able to make a great returns trading with one of the best platforms around. I discovered I made more income better than what my current job pays. I urge you to take bold step by giving the Bitcoin market a trial if you want to make more money. You can reach him via teIg*am: oscarparkes.

    • Ralph Spence

      December 23, 2020 at 12:07 am

      Yessss, all my colleague at the office that listened to Oscar and traded their coin with his strategy and all made and still making money in crypto, shame on me I was thinking bitcoin would fall to $1, instead of joining them.

    • Maximo Middleton

      December 23, 2020 at 12:10 am

      A wise man will build his portfolio on solid foundation of Oscar’s program, a foolish man will build his Portfolio on bitcoin blogger and price seers.

    • MrAlfi991

      December 23, 2020 at 12:11 am

      Oscar Parkes a crypto Analysis cames up with a very optimistic prediction where he believes that BTC might reach $200,000 by January 2022 He believes that the rate of adoption is directly proportional to the price increase. The more the adoption rate, the more the increase in value.

    • Debby Short

      December 23, 2020 at 12:25 am

      I’m so shocked to see this here because in my Neighborhood here in Florida they love, and treasure this same Mr Oscar Parkes just because of his magical strategy he showed them that’s giving them so much gain.

    • Myron Schneider

      December 23, 2020 at 12:26 am

      No one wants to loss money, if Oscar is as good as they described him, then all young bitcoin traders should try and learn a better trade with him.

  4. Samuel Smith

    December 22, 2020 at 11:50 pm

    Lovely video, the rate at which bitcoin is growing is amazing. Losing faith in bitcoin made me took a wrong step which has cost me a lot, due to the pandemic, ignorance and lack of trust made me sold all my coins during the fall without considering if it will rise again, now I have to start again by buying some coins and thanks to the all experts helping us out by increasing our portfolio in this trying times, kudos to Mr. Matthew Bolton who has being my guide, with his layout, i have being able to increase my portfolio awesomely and now I’m recovering my loss, in my opinion I will say this is the best time to take advantage of the market, if you a newbie or you will like to know more about investing in Crypto currencies reach him on Telegram “ Mattboltonfx”

    • Patricia Brenda

      December 23, 2020 at 12:05 am

      Making over 3.4 Btc is so satisfying. I mean it’s time consuming, but that keeps me coming back. All thanks to Crypto @Mattboltonfx on telegram

    • David Gother

      December 23, 2020 at 12:05 am

      Never imagined coming across such awareness about Matthew Bolton on Telegram. Working with him has been amazing

    • Gordon Preutt

      December 23, 2020 at 12:06 am

      I never doubted trading with Matthew Bolton after seeing his POT (Proof of Trades) I made good profit last year, I hope to make more

    • Gordon Preutt

      December 23, 2020 at 12:06 am

      @Daniel Dailey He’s the best

    • Christina Wong

      December 23, 2020 at 12:07 am

      I was able to grow my portfolio too… from 0.8btc to 4.3btc within 6 weeks, you’re awesome with bitcoin trading Mr. Matthew

  5. Stella Smith

    December 23, 2020 at 12:08 am

    When it comes to cryptocurrency mostly Bitcoin at the moment, there are always two sides; as some people will want the price to fall to its lower dip for them to buy cheap, while others will hold and wait till it sky rocket for them to sell off, but I really see all this so pointless if it can’t yield great result or grow a very strong portfolio. It’s clear now that the halving is not what we all imagined and expected initially but the good thing for me was that I did not put all my faith in it as I so much believe in day trading and was able to grow a very strong portfolio. However this I have been doing since the last bear market with Mr. Damian William strategy and daily signals which has proven to be very effective, accurate and profitable. Last month I was able to grow a total of 3.9btc having traded with my initial 1.8btc with Mr. Damian William daily signals which you would agree is a very good profit. My advice is for everyone to make use of such signals so as to grow a very strong portfolio ahead of halving coming soon, Mr. Damian William can be reached via his email address damianwilliam673@gmail.com for more enquiries into profitable systems he can also help you to recover lost funds from any broker regulated or non regulated

    • Camila Nelson

      December 23, 2020 at 12:38 am

      Mr Damian William is a good man

    • Camila Nelson

      December 23, 2020 at 12:38 am

      Invest with him now and be happy again

  6. cherry scotth

    December 23, 2020 at 12:12 am

    Actually trading was not easy for me.
    I lost a lot of money about $1000 also a lot of money to trading assistants and copy traders I almost give up on forex trading. But a friend of mine introduced me to a good broker,, at first I thought It was another way of wasting my time and my hard earned savings . But greatest surprise was my investment of $ 3,000 came out with $6,750 in 10days trading ….you just have to be patient with them still your trade are complete… to be honest i didn’t just recovered all my previous losses.. I made much more than you past expenses… actually I personally recommend mrs Jenny for best trading, always trade with her and stop loosing your money
    Reach out to her and believe me a trial will convince you
    Heres her contact info ⬇️⬇️
    +1 (605) 787-1636
    Message ✍️ her on whatsApp

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