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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

Truth Social Parent TMTG Makes $2.5 Billion Bitcoin Bet, Signaling Major Fintech Push

Truth Social Parent TMTG Makes $2.5 Billion Bitcoin Bet, Signaling Major Fintech Push

Trump Media and Technology Group (TMTG), the parent company of Truth Social, is makin...
VeChain’s Johnny Garcia Explains Why Texas Could Adopt a Bitcoin Reserve

VeChain’s Johnny Garcia Explains Why Texas Could Adopt a Bitcoin Reserve

Johnny Garcia, Managing Director of Institutional Growth and Capital Markets at the V...
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

Truth Social Parent TMTG Makes $2.5 Billion Bitcoin Bet, Signaling Major Fintech Push

Truth Social Parent TMTG Makes $2.5 Billion Bitcoin Bet, Signaling Major Fintech Push

Trump Media and Technology Group (TMTG), the parent company of Truth Social, is makin...
VeChain’s Johnny Garcia Explains Why Texas Could Adopt a Bitcoin Reserve

VeChain’s Johnny Garcia Explains Why Texas Could Adopt a Bitcoin Reserve

Johnny Garcia, Managing Director of Institutional Growth and Capital Markets at the V...