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MainNewsJohn Deaton ...

John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip


by Peter Mwangi
for CoinEdition
John E Deaton Bitcoin (BTC) Price Swing Scenario Contrasts Central Bank Gold Buying; Michael Saylor Remains Bullish.
  • Attorney John E. Deaton outlines a potential Bitcoin (BTC) price swing scenario: a surge to $125K then a drop to $112K.
  • Deaton highlights that record central bank gold buying contrasts with the Bitcoin narrative, a point often made by Peter Schiff.
  • Michael Saylor reaffirms his strong Bitcoin buying strategy as BTC price recovers to around the $109,700 mark.

Bitcoin’s recent price swings have kicked off a fresh round of debate over its long-term value, particularly after a widely discussed social media post from attorney John E. Deaton. 

In a tweet shared just ahead of the upcoming Bitcoin Conference, Deaton laid out a possible, and rather volatile, price scenario: Bitcoin surging up to $125,000, only to then see a sharp drop back down to around $112,000.

He predicted such a move would almost certainly prompt renewed, sharp criticism from noted Bitcoin skeptics like Peter Schiff. Schiff has long hammered t…

The post John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip appeared first on Coin Edition.

Read the article at CoinEdition

Read More

BTC, SOL, BNB, and ADA Funding Rate Flips Negative—Is the Crypto Market Bracing for a Drop?

BTC, SOL, BNB, and ADA Funding Rate Flips Negative—Is the Crypto Market Bracing for a Drop?

As Bitcoin’s funding rate turned negative, the cryptocurrency market turned more bear...
“Ticket to Wealth” Belief Drives Bitcoin, Not Intrinsic Value, Argues Peter Schiff

“Ticket to Wealth” Belief Drives Bitcoin, Not Intrinsic Value, Argues Peter Schiff

Well-known American stockbroker Peter Schiff is not backing down from his stance: Bit...
MainNewsJohn Deaton ...

John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip


by Peter Mwangi
for CoinEdition
John E Deaton Bitcoin (BTC) Price Swing Scenario Contrasts Central Bank Gold Buying; Michael Saylor Remains Bullish.
  • Attorney John E. Deaton outlines a potential Bitcoin (BTC) price swing scenario: a surge to $125K then a drop to $112K.
  • Deaton highlights that record central bank gold buying contrasts with the Bitcoin narrative, a point often made by Peter Schiff.
  • Michael Saylor reaffirms his strong Bitcoin buying strategy as BTC price recovers to around the $109,700 mark.

Bitcoin’s recent price swings have kicked off a fresh round of debate over its long-term value, particularly after a widely discussed social media post from attorney John E. Deaton. 

In a tweet shared just ahead of the upcoming Bitcoin Conference, Deaton laid out a possible, and rather volatile, price scenario: Bitcoin surging up to $125,000, only to then see a sharp drop back down to around $112,000.

He predicted such a move would almost certainly prompt renewed, sharp criticism from noted Bitcoin skeptics like Peter Schiff. Schiff has long hammered t…

The post John Deaton Sees Big Bitcoin Price Swing: $125K Then $112K Dip appeared first on Coin Edition.

Read the article at CoinEdition

Read More

BTC, SOL, BNB, and ADA Funding Rate Flips Negative—Is the Crypto Market Bracing for a Drop?

BTC, SOL, BNB, and ADA Funding Rate Flips Negative—Is the Crypto Market Bracing for a Drop?

As Bitcoin’s funding rate turned negative, the cryptocurrency market turned more bear...
“Ticket to Wealth” Belief Drives Bitcoin, Not Intrinsic Value, Argues Peter Schiff

“Ticket to Wealth” Belief Drives Bitcoin, Not Intrinsic Value, Argues Peter Schiff

Well-known American stockbroker Peter Schiff is not backing down from his stance: Bit...