Bitcoin looks bullish like never before as it begins its last week of 2020, with $20,000 now seeming like a crash target than a bullish one.
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With coronavirus cases skyrocketing and reopening in retreat, another February/March plunge is plausible (Photo: Roger Brendhagen/Scopio)MARKETS REPORT: Bitcoin eyes $9,000 as trader warns institutions are short, fear growing
Coronavirus is back in the spotlight as growing hospital admissions in the U.S. fuel a stocks rout that triggered losses for Bitcoin on Tuesday.
Having reached local highs of $9,330 on Monday, BTC/USD lost momentum overnight, in step with a dip on Wall Street with Tuesday seeing further losses. Bitcoin thus continues its correlation with macro markets.
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CNBC show smacks down jilted bitcoin bear
Technical analyst Peter Brandt claims he was booted from Fast Money but the show is fighting back hard.
While we’re on a roll when it comes to Twitter-based media feuds, here’s another one, this time involving CNBC and technical analyst Peter Brandt. And it’s kinda weird. On Saturday, Brandt took to Twitter to tell this tale: True story about @CNBCFastMoney I was scheduled to appear on Dec 14. I was planning to say $BTC was topping & time to bail out. I was bumped for some “expert” that predicted $50,000. That is my @CNBC story. — Peter Brandt (@PeterLBrandt) February 18, 2018 Except, contrary to Brandt’s preface of “true story,” it didn’t happen. And Fast Money wasn’t having any of it. On Tuesday, they shot back this tweet,…
