Nov 16, · A new bitcoin price prediction sees the crypto hitting $, in By Sarah Smith, InvestorPlace Web Content Producer Nov 16, , pm EST December 18, Find the latest Bitcoin USD (BTC-USD) stock quote, history, news and other vital information to help you with your stock trading and investing. Bitcoin value in USD. Current stock chart live. Update every 5 sec. Bitcoin worth history on timberlandschuheherren.de ATTENTION: Registration closing s. 7 PRO Bitcoin Price. Bitcoin Price Today 7 PRO Bitcoin price 7pro, Bitcoin 7pro, 7pro, HIUsd, Bhghg, KORTIS7pro.
What is the stock price for bitcoinBitcoin USD (BTC-USD) Stock Price, News, Quote & History - Yahoo Finance
And what does the latest bitcoin price prediction for mean for investors? Dive in below. To start, investors should note that bitcoin is climbing higher in intraday trading to the tune of 4. A handful of news items support this upside move, but one headline over the weekend stands out. What is that price target? Beyond the shock value of that number, it is important for investors to understand just why Fitzpatrick, a senior analyst at Citibank, is so bullish. According to his note, such a major move would follow the historical trajectory of bitcoin.
As I mentioned above, there are all sorts of catalysts at play that benefit bitcoin and its crypto peers. Fitzpatrick dives into the impacts of the novel coronavirus, and more specifically, actions by the Federal Reserve.
Many crypto bulls think the intense interventions by the Fed, like near-zero interest rates, will boost inflation. Just like gold, these bulls see cryptocurrencies as a hedge against inflation and an otherwise safe-haven asset.
So why not turn to gold instead? Well, Fitzpatrick writes that although these same catalysts will likely benefit gold, bitcoin is better. If you want to own physical gold as a hedge against inflation, an apocalypse, or any other market-moving event, there are all sorts of things to consider.
For instance, how will you store and transport that physical gold? Bitcoin is free from those issues. Because it is a digital currency, Fitzpatrick writes that it is easy to transport, even across international borders. How then should investors approach the Citibank price prediction? Dec 07, Dec 06, Dec 05, Dec 04, Dec 03, Dec 02, Dec 01, Nov 30, Nov 29, Nov 28, Nov 27, Nov 26, Nov 25, Nov 24, Nov 23, Nov 22, Nov 21, Nov 20, Nov 19, Nov 18, Nov 17, Nov 16, Nov 15, Nov 14, Nov 13, Nov 12, Nov 11, Nov 10, Nov 09, Nov 08, Nov 07, Nov 06, Nov 05, Nov 04, Nov 03, Nov 02, Nov 01, Oct 31, Oct 30, Oct 29, Oct 28, Oct 27, Oct 26, Oct 24, Oct 23, Oct 22, Oct 21, Oct 20, Oct 19, Oct 18, Oct 17, Oct 16, Oct 15, Oct 14, Oct 13, Oct 12, Oct 11,