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After Predicting Bitcoin Collapse to $23,000, Macro Strategist at Fidelity Abruptly Changes Crypto Outlook

Global macro strategist at Fidelity Investments, Jurrien Timmer, is updating his outlook on Bitcoin’s trajectory after previously calling for a $23,000 bottom. Timmer first made the $23,000 call on June 1st. His prediction was based on the Elliot Waves Theory, a technical analysis method that forecasts price fluctuations by mapping out repeating patterns of waves. […]

The post After Predicting Bitcoin Collapse to $23,000, Macro Strategist at Fidelity Abruptly Changes Crypto Outlook appeared first on The Daily Hodl.

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awareness

FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year

The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital currencies, up from 1.9 million in 2020. United Kingdom’s Regulator Publishes […]

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awareness

FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year

The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital currencies, up from 1.9 million in 2020. United Kingdom’s Regulator Publishes […]

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BTC

Elrond-Powered Maiar App Now Supports Bitcoin

Users of the Elrond-powered mobile app Maiar can now store and transact with Bitcoin. The Maiar app features an Elrond Network-powered “herotag” system where users can send cryptocurrency between each other through human-readable usernames instead of interacting with unwieldy cryptocurrency addresses.

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bitcoin

Drastic Shift in Behavior of Long-Term Bitcoin Holders Underway: On-Chain Analyst Will Clemente

On-chain analyst Will Clemente is observing a change in the habits of long-term Bitcoin holders. Clemente says that the net position change of long-term Bitcoin investors is now in positive territory, indicating that the number of BTC being ‘hodl’d’ is increasing. “HODLer Net Position Change has flipped green for the first time since October.” According […]

The post Drastic Shift in Behavior of Long-Term Bitcoin Holders Underway: On-Chain Analyst Will Clemente appeared first on The Daily Hodl.

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