All posts by Alan B. Zibluk

Bitcoin Breaking Past 9000 And 11700 Would Confirm Bull Rally

Bitcoin Breaking Past $9,000 And $11,700 Would Confirm Bull Rally

Bitcoin Breaking Past $9,000 And $11,700 Would Confirm Bull Rally

Bitcoin Not Decidedly Bullish Yet

The Bitcoin (BTC) price action on the weekend shocked investors across the board. Some, however, aren’t sure that BTC is in the clear just yet, choosing to be skeptical instead of adopting the “Fear of Missing Out” that many cryptocurrency investors have surging through their veins. What will convince these cynics that this market is in a solid uptrend, and is ready to establish new all-time highs?

According to HornHairs, a cryptocurrency trader, a key price point that BTC needs to surmount in the near-term is $9,000. Earlier this week, we saw the digital asset run to just short of that level, flirting with $8,970. HornHairs opines that $9,000 is key, as that was the equilibrium of Bitcoin’s range from late-2017 to late-2018, suggesting that it will act as resistance.

Once Bitcoin closes above that level on the daily and weekly chart, just as BTC did with the $8,400 level, the analyst believes that a move to $11,800 has a “high probability of breaking out.” And according to analyst Teddy Cleps, a break and close above $11,700, in his eyes, would confirm the bull market, as Bitcoin’s collapse below this level is “what made the bear market official.” As seen below, BTC touched that level three times in early-2018, accentuating that it is a level of importance.

Can This Happen?

Sure, the technicals show that Bitcoin needs to surmount the aforementioned price levels to enter a full-fledged rally. But, are the technicals and fundamentals there to back such a move? Let’s take a look.

In a recent poll, analyst Josh Rager asked his followers where Bitcoin could head next. Surprisingly, 67% of 3,000-odd respondents picked the option that read “pushes up to at least $9,600”, while the remaining chose “breakdown to at least $6,400.” This would suggest that the sentiment of most cryptocurrency investors is clearly bullish.

Fundamentally, BTC and its respective market still look strong. In fact, Binance, one of the largest digital asset exchanges, purportedly — according to CEO Changpeng Zhao — saw a system traffic all-time high “by far” on Monday. Considering that the cryptocurrency industry is barely out of a “crypto winter”, and the market is still 70% down from its all-time highs, this fact is jaw-dropping.

More broadly, the underlying infrastructure of the industry is nothing like it was in previous cycles, even at the peak of 2017’s rally. In 2014, were Fidelity Investments, E*Trade, Microsoft, TD Ameritrade, Nasdaq, and their Wall Street and Silicon Valley brethren involved in cryptocurrency and related technologies? No.

 

By Nick Chong May 29, 2019

Alan Zibluk Markethive Founding Member

God’s Forgiveness of Your Sin

Sin ruins your life – Who is powerful enough to forgive and renew you?

Written by Hope on 11/10/2016

Series: Weekly Devotional

Tags: CreationForgivenessPowerSin


God, who raises the dead to life and creates new things…

Romans 4:17b

It’s no secret that we live in a fallen world of sin. From infidelity in relationships, to cheating, to lying, to stealing, sin is everywhere! This sin ruins our life and tears us down.

However, though we live in a world of sin, God is powerful enough to forgive us! But why would he forgive us? And how does he do it? Here are the three pillars to understand about God’s forgiveness of your sins.

God Is The Omnipotent Creator

The Bible teaches us that with His wisdom and power He created the earth and spread out the heavens (Jeremiah 10:12). The prophets praised Him: God said “I am Powerful” (Psalm 62:11) and “Lord God, you stretched out your mighty arm and made the sky and the earth. You can do anything” (Jeremiah 32:17). The Lord says of Himself, “I created everything from the sky above to the earth below” (Isaiah 44:24), and He created all things to be good, in His own estimation – perfect, like Himself, without sin.

God Cannot Stand Sin

But people did sin. And since God “can’t stand sin or wrong” (Habakkuk 1:13a), the sin separated people from God. This is the natural order of Creation, just as darkness cannot exist in the presence of bright light. When you know you have done evil and are disconnected from your Creator, “Your sins are the roadblock between you and your God. That’s why he doesn’t answer your prayers or let you see his face” (Isaiah 59:2).

He Is Powerful Enough To Declare you Innocent

In the book of Exodus 34: 6-7, God declares that He is a fair judge. Just like He is merciful and patient with His people, He also has the power to punish those who sin. “But if we confess our sins to God, he can always be trusted to forgive us and take our sins away” (I John 1:9). In His great love, He “is merciful and forgiving, even though we have rebelled against Him” (Daniel 9:9).

God promises this miracle through Jesus Christ alone. When you believe in Him, you can pray, “I have sinned against; I have disobeyed you and have done wrong. So it is right and fair for you to correct and punish me” (Psalm 51:4) … “Wash me with hyssop until I am clean and whiter than snow” (Psalm 51:7a). No matter your sin or shame, no matter who has come against you, we can be confident of His power to “keep you from falling and make sure and joyful in His glorious presence. Before time began and now and forevermore, God is worthy of glory, honor, power and authority. Amen.” (Jude 1: 24)


Pray this week:

Dear God, I have sinned against You. I believe that You alone have the power to forgive me and make my life right in Your ways. Please forgive me, in Jesus’s Name, amen.


How do you need God’s power in your life?

Alan Zibluk Markethive Founding Member

Anthony Pompliano – More bullish on Bitcoin than ever

Anthony Pompliano – More bullish on Bitcoin than ever

  • Pompliano has always been a supporter of Bitcoin.

  • He feels that Bitcoin has the chance of a 20-50x increase in value in the coming five years.

Anthony “Pomp” Pompliano has shown his adherence towards the world’s most valuable cryptocurrency, Bitcoin. Pompliano has always been a supporter of Bitcoins and now has also been at the forefront of Bitcoin Evangelists. Pomp believes that there might be two strong reasons for the sudden surge of Bitcoins. Firstly, top exchanges like the CME and others are getting high trading volumes on Bitcoin. It indicates that institutional traders and retail investors are thoroughly convinced about Bitcoin.

Secondly, the 2020 block reward halving on the Bitcoin network is a major propeller of the Bitcoin rally. He has also mentioned the importance of halving in his tweet. He relates Bitcoin halving to the United States Treasury Department to cut the amount of dollar note printed into half. He believes that this may result in the rise of the dollar’s value. Pomp reckons that Bitcoin has the chance of a 20-50x increase in value and has also predicted that it may hit $275,000 in the coming five years.

 

 

Rajarshi Mitra

FXStreet

Anthony Pompliano -  More bullish on Bitcoin than ever

Alan Zibluk Markethive Founding Member

God is Omnipotent

The Unlimited Power of God

Written by Dan Lee on 05/07/2016

Series: Weekly Devotional

Tags: AttributesCreationGodPower


O Sovereign Lord! You made the heavens and earth by your strong hand and powerful arm. Nothing is too hard for you!

Jeremiah 32:17

Don’t be scared when you see a big word like ‘Omnipotent.’ It simply means that God has all (‘omni’) power (‘potent’).

God’s power is all around us! His power is shown in many ways, but here are just three that the Bible tells us…

1. God’s Power in Creation

The ancient prophets praised God for creating “the heavens and earth” (Jeremiah 32:17). King David wrote, “The heavens proclaim the glory of God. The skies display his craftsmanship” (Psalm 19:1).

Our understanding of the “heavens” has changed over time. Now we know that there are many galaxies with many stars, separated by great distances. The more we know about the universe and everything in it, the more we can praise God for His mighty power.

2.God’s Power in Resurrection and Redemption

“I want to know Christ and experience the mighty power that raised him from the dead” (Philippians 3:10).

Jesus was tortured and killed by the Roman and Jewish leaders. But the grave could not hold Him; the Roman seal over the stone could not keep Him back. Just as He had predicted, God’s mighty power raised Jesus to life. We who follow Christ should not fear, because God has the last word – even over death. “O death, where is your victory? O death, where is your sting?" (1 Corinthians 15:55).

3.God’s Power at His Return

“Then everyone will see the Son of Man coming on the clouds with great power and glory” (Mark 13:26). Many people today don't want to accept God. The day is coming when He will no longer be hidden. What is the result? “That at the name of Jesus every knee should bow, in heaven and on earth and under the earth, and every tongue acknowledge that Jesus Christ is Lord, to the glory of God the Father” (Philippians 2:10-11).

If you know Christ as your Savior, take comfort and rejoice in the knowledge that you are protected by the same power that created the heavens and raised Jesus from the dead. If you have not made that decision, don’t wait. Every person will bow in worship; will you bow with shouts of joy or tears of regret.


Pray this week:

Lord, I am amazed at Your mighty power. Help me to see more of Your greatness and to be more in awe of You every day.


Do you need help understanding about God’s power, or any of His other attributes?

Alan Zibluk Markethive Founding Member

Bible Terms: Leadership

Scripture has many expectations for leaders


So you’re in leadership! Perhaps in a large corporation, your own business, or even going into ministry—serving God full-time in the church or a Christian organization. If any of these scenarios apply to you, it’s important to clarify the expectations Scripture lays out for you. Below are 10 terms the Bible applies to leadership and ministry.

HUMILITY

Our culture says, “Believe in yourself! Assert yourself!” But we should not be surprised to learn that the Bible tells us to do exactly the opposite of what the world advocates. We read over and over in the Bible that God pulls down those who exalt themselves and lifts up those who are humble (1 Peter 5:6 ). The Lord highlights humility throughout Scripture, but the culmination of true humility is the attitude of submission to God that Jesus himself displayed and that we are to imitate (Philippians 2:4).

Humility often carries the idea of hardship and low position, but it is the only way of life for a leader of God’s people, no matter what his or her title. When God puts us in humbling situations, either to test or discipline us, we should respond without defiance, and accept his will. God’s power and authority should inspire this spirit of submission whenever we approach him, but especially when we know we have sinned (2 Chronicles 7:14). Humility, however, does not mean fear. Proverbs 29:25 tells us that the “fear of man will prove to be a snare, but whoever trusts in the LORD is kept safe.” Jesus Christ never cowered, nor did he apologize for doing what was right. When we are walking humbly with God, we will be looking for his approval, not other people’s affirmation.

SERVANT

“Serve people? You’ve got to be kidding!” We tend to associate servitude with oppressed people slaving for a cruel master. In the Bible, servants had a different job description—one more akin to our current-day employer-employee relationship. The servant’s job was to loyally carry out his or her master’s orders and act in the master’s interest at all times. In return, the master was responsible for feeding and clothing the servants and looking after their needs.

The Old Testament identified the nation of Israel as God’s servant; Israel’s job was to glorify God and reveal him to the surrounding nations (Isaiah 27:6). Jesus Christ, however, was the ultimate servant. He put aside his position in heaven to take on human form. He healed and fed people while he was on the earth, and in the greatest act of servanthood, he gave his life for us (Philippians 2:5-8). We’re called to serve God and others, just as Jesus did (1 Peter 4:10). As leaders, it is especially vital that we take the servant’s path to authority and greatness.

JUSTICE

We may think of “justice for all” as something that belongs only in the pledge of allegiance. But throughout the Old and New Testaments, God makes it clear that he expects both government leaders and individual believers to pursue moral rightness in the workplace, court system, and in all societal relationships (Micah 6:8). There may not be perfect equity now, but the Lord expects us to make justice a high priority in our lives—and that means justice for others, not ourselves.

Someday the Lord will take his seat as judge and bring about complete justice for all. Until then, we seek justice for others. We introduce people to the good news that, though we justly deserve God’s wrath, Jesus took our punishment. Now God’s justice means that we are restored to relationship with him when we trust Jesus Christ as our Savior (Romans3:2). In God’s eyes, justice is very much a part of the ministry of every believer.

WISDOM

How often do you find yourself in a quandary over what to do in a specific situation? What you need is wisdom—the ability to reach sound decisions through knowledge, insight, and discernment. The Hebrew word for wisdom means the skillful ability to live in harmony with reality. It is not just about what is best or right for us, but what is best and right in God’s eyes (Proverbs 2:6). In other words, wise choices are also moral ones.

Being wise is much more than just being smart. You can get straight A’s, but without wisdom, you will do foolish things. The wise leader makes choices rooted in the fear of God— the desire to please God and obey his commands. You cannot serve God or lead others without his wisdom guiding your life.

TEACH

“Give a man a fish, and you feed him for a day,” the old saying goes, but “teach a man to fish, and you feed him for a lifetime.” Teaching and learning are also crucial to our Christian faith. Jesus taught the people about God. He explained what the Scriptures meant, and he taught with an incredible authority the people had never seen before (Matthew 7:28-29). Then he lived his life before them as a real example that they could see and touch.

Jesus told us to carry on his work (Matthew 28:19-20). We are to instruct people not only in the facts about salvation but also in how to obey God and apply what they hear. Above all, we are to live according to the teaching of God that we are passing on to others.

Teaching is a God-given ability or spiritual gift; however, it doesn’t guarantee that a person with this ability is always right about everything. The Bible warns against listening to and teaching faulty information about God’s truth. Those who teach must study the Word carefully because they have a powerful influence on others (2 Timothy 3:16).

MINISTRY

Ministry is serving other people. There are countless ways to minister: teaching, praying, providing financial help, leading others in worship, preaching the Gospel, caring for the physical and emotional needs of others. Jesus’ ministry involved serving us through his teachings, his life and his death (2 Corinthians 5:18-21).

Ministry isn’t about chalking up points with God—we can’t earn God’s love. Ministry is an expression of our love for God displayed in the way we love others. We love others through our actions because God loves us. Our ministry—the greatest service we could ever be to someone else—is also to tell them about Jesus Christ’s love and saving power.

CALL

What is “the call”? Some people wonder if God is calling them to be missionaries or pastors. One thing is for sure: God calls each of us to follow Jesus Christ (Luke 9:23). Jesus once compared the kingdom of heaven to a man who invited many guests to a great banquet. the guests ignored the invitation; they had more important things to do. No matter what family you come from or what occupation you hold, God calls you to know, love, and follow his Son (John 10:27). It’s an invitation you don’t want to refuse!

In the book of Acts, the apostles and Paul received special instructions from God (Acts 1:7-8). We think of those as “calls” from God, but most believers don’t receive verbal, individualized instructions like that. Never fear—the whole Bible gives each believer a call to love God, obey him, and share his Good News with our whole lives. That’s call enough to keep us busy no matter where our talents, desires, and circumstances lead us.

ANOINT

If someone poured oil over your head (“anointed you with oil”), you probably wouldn’t consider it a blessing, but in the Old Testament, oil symbolized the Holy Spirit. Kings, priests, prophets, and even physical articles destined for holy purposes were anointed with oil. Anointing indicated that the individual or thing was set apart for God’s purposes and equipped by his Spirit. The Bible’s use of the term also represents God’s bestowal of favor on, or his selection of, an individual to perform a special task (1 Samuel 9:16). For example, David was anointed as king of Israel (1 Samuel 16:13). The Bible often refers to Jesus Christ “the Anointed One.” He is God’s chosen instrument, bringing salvation to people on earth (Psalm 2:2).

When we believe in Christ, we are also anointed with his Holy Spirit. The New Testament does not call on Christians to physically anoint their leaders—only those Christians who are sick and need healing are to be anointed (James 5:14). Why? Because we are all anointed spiritually. We are each chosen and empowered to serve God. We speak of “anointing” when we experience power from the Holy Spirit to accomplish special work for him. That, too, is not just for leaders and ministers, but for every believer.

DEDICATE

To dedicate or devote something is to give completely, without holding back. Christians give their lives—their very bodies—completely to God (Romans 12:1-2).

Sometimes, we make a special dedication of our time, energy, or possessions. God takes our promises and commitments seriously. He wants us to carefully consider what we dedicate to him. Don’t make specific promises you cannot carry out (Proverbs 20:25).

For example, Paul cautioned young widows to avoid committing themselves to serve God through a lifetime of singleness because God knew their sensual desires could cause them to break their commitment (1 Timothy 5:11-14).

God honors our commitments as our expressions of love and worship, and he will never be in our debt. When we give to God, he always gives back above and beyond what we could ever imagine (Romans 8:32).

ELDER

In Bible times, elders were older members of the community. They held positions as governors, administered justice, and were active in citizens’ concerns. Their respected offices were transferred to the next generation after their deaths. In Moses’ time, elders represented the people when they met before God.

When the early church began, elder positions (pastors, overseers, general leaders) existed, but other positions, such as deacons, were soon created due to new situations and special emergencies. Both the young and the old filled these new positions; so, yes, even the young can be church elders. However, God requires special qualifications of elders because they are called to be spiritual shepherds of God’s flock (1 Peter 5:2-4). Those qualities include the following: They must be blameless, self-controlled, and hospitable; not overbearing, quick-tempered, or given to drunkenness (1 Timothy 3:1-7). If our personal lives aren’t under control, how can we carry the heavier responsibilities of caring for the church?


What does the term "servant-leader" mean to you?

Alan Zibluk Markethive Founding Member

Bitcoin BTC has Entered Re-Accumulation Phase’ Between 5800-9700

Bitcoin [BTC] has Entered ‘Re-Accumulation Phase' Between $5800-$9700

Bitcoin [BTC] has Entered ‘Re-Accumulation Phase’ Between $5800-$9700

Several market indicators and factors affect the price movements (bullish or bearish), in which traders and miners manage their positions accordingly. However, one thing which the miners have to account for perpetually is the mining rewards.

Since it is decreased by half every four years, the miners must decide on how to run their set-up profitably in the future. This accounts for the supply of the system. Moreover, inflation is Bitcoin [BTC] will also reduce considerably as the production decreases. Currently, the inflation on Bitcoin is above 3.5%. All of this, in turn, affect the price greatly.

Bitcoin Price Analysis: ‘Halving’ Timelines on a Logarithmic Scale

The reduction in mining rewards is a periodic process designed by default in Bitcoin [BTC]. These are facts and principals that miners and traders all have knowledge of, and the market sentiments are guided by similar reasons every four years. Tuur Demister, the Co-founder of Adamant Capital, has established an analogy between the price action and halving timelines.

This analogy is slightly different from the ‘bull and bear cycle‘ which is estimated on a linear price scale as opposed to this one. Furthermore, the analysis is performed on a logarithmic scale.

Tuur Demeester’s Price Analysis Based on Halving Sentiments (Source Tweet)

The next Bitcoin halving is a year away, scheduled at some time on 22nd May 2019. Hence, this period, according to him, marks the re-accumulation period as the price broke above resistance and support from the previous bull cycle at around $5800-$6000 levels.

BTC/USD Price Analysis from Halving Sentiments (TradingView)

According to his analysis, $5820-$5850 was the resistance and support level that markets the accumulation period with the bottom. It also marks the resistance to the beginning of the re-accumulation period. Furthermore, the re-accumulation can be expected to extend for another year below the $9650-$9700.

 

Nivesh Rustgi 26 mins ago

Alan Zibluk Markethive Founding Member

How to Become a Great Leader

Four traits you can learn from Deborah, Israel’s leader.

Written by GodLife on 21/05/2019
Series: Weekly Devotional
Tags: Bible, Leadership, Women
Villagers in Israel would not fight; they held back until I, Deborah, arose, until I arose, a mother in Israel.

Judges 5:7
Leadership comes from some of the strangest places. Over and over in the Bible, God tells us He sees what others do not in terms of capability and leadership. The story of Deborah in Judges 4 and 5 provides great insight into how God shapes leaders, from humble beginnings to wise judgement and even to defending their country. While there are many leadership lessons we can learn from Deborah, four stand out:

Great Christian leaders have confidence in their decisions because they depend on a close, personal relationship with God
Great Christian leaders trust their team to accomplish the task
Great Christian leaders are servants who don’t take credit for winning
Great Christian leaders rise to challenges through God’s strength
How did this all start?  
The book of Judges talks about many cycles of sin, slavery and salvation. Israel was oppressed because they had turned away from God, but when they turned back to Him, God raised up judges like Deborah to lead them. Judges were spiritual, political, judicial and often military leaders.

Why a close, personal relationship with God helps you in your decisions
As a wife, spiritual leader for the people, judge and prophetess, Deborah had to learn balance in all of those roles. Deborah had a special relationship with God. She was called by Him to lead, and she trusted God to show her His will. Her decisions were based on her relationship with God. Israel recognized that relationship and accepted her leadership. We should remember to seek God’s guidance to serve Him in whatever roles to which He calls us.

Great leaders trust the team
“My heart goes out to the commanders of Israel who offered themselves willingly among the people.” (Judges 5:9)  Unlike most of the judges, Deborah was not a military leader. God told her to commission a man named Barak to lead the army into battle. She knew there were others who had the skills to fight and trusted in them. Yet Barak refused to go into battle without her there. Even though Barak should have trusted God’s word, his condition for battle showed how much respect Deborah had as a leader. We learn that respect ran throughout the people.
Judges 5:15 tells us “the princes of Issachar came with Deborah, and Issachar faithful to Barak; into the valley they rushed at his heels."

Leaders should be servants
Deborah’s faith in God gave her confidence in the decisions she made. She had confidence in the military to carry out God’s plan. Deborah did not want any credit for the victory. She was modest yet assertive, taking on the mantle of leadership with strength and knowing when to step back. Great leaders follow Jesus’ example. “whoever would be great among you must be your servant . . . even as the Son of Man came not to be served but to serve, and to give his life as a ransom for many.” (Matthew 20:26, 28)

God gives you the strength to lead
While it was not typical for women to be judges in that time, Deborah heard God’s call and did not hesitate to give God’s words to the people. When the time came for action, she went with Barak to Kedesh. “Up!  For this is the day in which the Lord has given Sisera into your hand.  Does not the Lord go out before you?” (Judges 4:14)
God also granted her the gift of prophecy, proclaiming that Sisera (the commander of the enemy) would be delivered into the hand of a woman. When that prophecy came true, Deborah gave credit to God. Most of us try to depend on our own strength, only turning to God when we think we need it most. Deborah knew all of her strength came from God, and she walked with Him daily. Her actions provided a wonderful example to the people of Israel (and to us) of how God can use anyone, woman or man, to be a strong leader.

Pray this week:
“Lord, show me how to be a leader for You, no matter what role I am in. Give me opportunities to grow as a servant leader, following your example. Amen.” 

Which of the four traits of a good Christian leader do you struggle with? 

Alan Zibluk Markethive Founding Member

Bitcoin Falls Back from 8000 Levels

Bitcoin Falls Back from $8,000 Levels

Bitcoin Falls Back from $8,000 Levels

Bitcoin looks like it is struggling now to crack resistance at $8,000 and has fallen back sharply in the US session.

At the moment, BTC is back around $7,600 and we will be watching with interest today as to whether price can rebound. We have been seeing all the dips get bought recently, but should price break the $7,500 level, then there is a good chance we will test $7,000 where price could consolidate for some time, before trying its luck at higher prices.

$7,000 is actually pretty strong support here as we can see that price has bounced off that level a couple of times, most notably on the back of the flash crash last week.

While that level did fall for a moment, price quickly retraced and consolidated above that point.

For that reason, that is now a key downside level. I suspect price will hold for now, but it is an interesting 24 hours ahead, as this is the first sign of a bit of selling (outside the flash crash) in a while, and it is the first time price hasn’t held a key resistance level.

 

Posted Thursday, May 23, 2019 by Rowan Crosby

Alan Zibluk Markethive Founding Member

Bitcoin halving is exactly 365 days away BTC to 55000?

Bitcoin halving is exactly 365 days away, BTC to $55,000?

Bitcoin halving is exactly 365 days away, BTC to $55,000?

Hardware wallet manufacturer, Trezor, took to Twitter to point out that in exactly 365 days we will experience the much-anticipated third Bitcoin halving in history.

Twitter has been buzzing, and it is all about Bitcoin’s third halving, which according to hardware wallet manufacturer Trezor, will take place in exactly 365 days.

In case you are wondering, this means that the number of Bitcoin issued per each block, mined every ten minutes, will fall from 12.5 BTC to 6.25 BTC. In other words, this reduction of 50% will cut the block reward given to miners in half and further slow the production of Bitcoin’s finite supply.

Approximately by May 2020, as it is an estimate based on current hash power, the number of BTC issued per day will be reduced from 1,800 to 900 and as these halving events always had a positive impact on the price of Bitcoin in the past, many analysts are now convinced that the increased scarcity will once again spark yet another parabolic rally.

One such leading crypto analyst, known in the industry as Plan B, took to Twitter at the end of March, to share his latest prediction model that indicates Bitcoin will hit $55,000 due to Bitcoin's coming halving in 2020.

The crypto researcher, shared his analyzes which shows the potential impact of Bitcoin’s coming halving.

According to the crypto trader, people ask him all the time where the money would come from.

'People ask me where all the money needed for $1trn bitcoin market value would come from? My answer: silver, gold, countries with negative interest rate (Europe, Japan, US soon), countries with predatory governments (Venezuela, China, Iran, Turkey etc), billionaires and millionaires hedging against quantitative easing (QE), and institutional investors discovering the best performing asset of last 10 yrs.'

Although a spectacular prediction, the crypto trader added that time will be the judge on his prediction, and that 'we will probably know one or two years after the halving, in 2020 or 2021'.

Just today Chepicap reported that Brian Kelly explained on CNBC's Fast Money, why he feels the price of Bitcoin is on the rise, and made an overall bullish case, where he points out how institutional investors are coming into the space, retail applications are beginning to be rolled out and that we are about a year away from the next halving event.

 

22 MAY, 2019 BY JOERI CANT

Alan Zibluk Markethive Founding Member

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