Let's be honest. Bitcoin has been a rollercoaster. We've seen the dizzying highs, the stomach-churning drops, and the endless debates about whether it's a revolutionary technology or a digital tulip bulb. You may be thinking it’s all overhype and the recent 78% increase is like any other big blip before...
Bitcoin’s price action lately has shown a pattern that in the past has indicated more upside. The bullish engulfing pattern since January 2021, for example, has formed 19 times. In 78% of those cases, it’s pushed prices to new local record highs. That uncommon technical indicator, along with positive bullish...
Seventy-eight percent. The new magic number making the rounds in Bitcoin circles is the purported accuracy rate of a bullish engulfing pattern. This same pattern is thought to foreshadow new market highs. It sounds promising, doesn't it? A digital oracle whispering financial futures. So, before you sell your soul—or at...
Bitcoin has shown spectacular bullishness, recapturing its 50-day Exponential Moving Average (EMA) and cruising above $105,000. This renewal, along with some other extremely bullish market signals, indicates we’re setting up for a powerful rally toward $120,000+. Analysts cite historical usage trends and the demand picture as major factors fueling this...
A Bitcoin surge to $120,000. Sounds great, right? Before you start popping champagne, let's talk about something most analysts conveniently forget: Africa. We're not just talking about a continent; we're talking about a billion-plus people with unique economic realities, challenges, and aspirations. Their view of this possible new crypto gold...
Could Bitcoin really hit $120,000? This is the question ping-ponging around the crypto-sphere at the moment. Nobody has a crystal ball, and we’re all familiar with the aphorism that past performance is no predictor of future results. Taken together, factors that we’re seeing indicate that there’s more at play here...
Philippe Laffont, a billionaire hedge funder who manages Coatue Management, is out here hyping Bitcoin, fantasizing about a $5 trillion market cap. He even regrets not jumping in sooner. He views de-dollarization as a tailwind, an indicator of the U.S. exceptionalism era ending. Before we start crowning Bitcoin the king,...
Philippe Laffont, the founder of hedge fund Coatue, anticipates that Bitcoin's market value has the potential to surge to $5 trillion. The above projection would mean a 134% increase from its current market cap of about $2.1 trillion.Laffont believes it’s realistic for Bitcoin to eventually account for 1% – 2%...
Billionaire hedge fund manager Philippe Laffont, the founder of Coatue Management, has recently made headlines with a bold prediction: Bitcoin's market capitalization could potentially soar to $5 trillion. This seemingly outrageous projection has sparked one of the most animated discussions in the digital asset industry and beyond. Few are now...
Hello, I’m Chen, Singapore’s very own and unrepentant hopeful. As a long-time observer of the development of Bitcoin, the conversations around what it could be—knocking it out of the park—underplay its transformative potential. We’re not discussing probability here, we’re discussing fate. Billionaire investor Philippe Laffont is finally coming around, but...
