The futures price of Hamster Kombat, a popular electronic trading asset, has experienced a significant drop in recent trading sessions. Market analysts have pointed to a combination of factors contributing to the sudden decline, which has sparked discussions among investors and traders about the future of this highly volatile asset.
Hamster Kombat has been a favorite among speculative traders, known for its rapid price fluctuations and high trading volumes. The recent decline in its futures price marks a notable shift in the market sentiment, which had previously seen a bullish trend in this asset class. The drop has been attributed to a mixture of broader market adjustments and specific developments within the trading environment.
One of the primary factors influencing the price drop is the ongoing recalibration of the electronic trading ecosystem. Market participants have been adjusting their positions in response to changes in liquidity and market-making activities, leading to increased volatility. The shift in trading volumes, along with heightened scrutiny from regulatory bodies, has also played a role in the downward pressure on Hamster Kombat futures.
Additionally, the asset’s price has been influenced by technical factors, including changes in trading algorithms and the recalibration of risk models by major market participants. These adjustments have resulted in a re-evaluation of the asset’s risk profile, prompting some traders to reduce their exposure.
As the market continues to react to these developments, the future of Hamster Kombat futures remains uncertain. Traders and analysts will be closely monitoring the situation to gauge whether this price drop represents a short-term fluctuation or a more prolonged trend.
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BITCOIN HAS AIR FROM K TO NEW ATH, I DON’T EXPECT ANY PULLBACK UNTIL K BTC SAYS MAX KEISER!!
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Max Keiser, Wall Street veteran and Bitcoin pioneer just tweeted the following regarding his short term BTC price prediction:
“As I’ve been pointing out… There’s nothing but air from $14,000 to new ATH. I don’t expect any kind of pullback until $28,000 and it may be short lived.”
This was in response to a tweet from Matt Kaye who shared:
“After $14,000 there are literally no coins on the books…Only 900 new BTC mined per day. That’s ~$13MM of fresh daily sell side. These are the makings of a sell side liquidity crisis aka reflexive buying to the upside.”
Bottom line, most cryptocurrency influencers across the board are all pretty much very bullish right now on king of all crypto.
In other trending Bitcoin News today:
Crypto Analyst Calls Bitcoin the ‘Most Bullish Asset of Our Time’ As Traders Track Ethereum’s Next Move:
A widely-followed crypto trader and influencer says he expects Bitcoin to continue rallying and shatter its all-time high in the coming months.
The pseudonymous trader tells his 231,000 Twitter followers that Bitcoin is “the most bullish asset our time” as he believes BTC will blaze through its all-time high of $20,000.
According to a chart shared by block explorer service Blockchain.com, Bitcoin has meteorically risen from $0.06 in September 2010 to its current price of around $13,000, representing an increase of over 26,600,000% in a span of 10 years.
Meanwhile, gold and the S&P 500 have climbed 103% and 233%, respectively, over the same stretch.
While Bitcoin continues to show signs of strength, Ethereum (ETH) is struggling to maintain its bullish steam as the leading smart contract platform moves below $400.
Despite the pullback, the top traders in the industry remain long-term bullish on Ethereum. Crypto strategist Scott Melker tells his crew of 129,000 that he’s ready to buy more ETH even if it drops all the way down to support of $360.
“ETH (USD) Approaching my bids. I am interested in the black line as a potential resistance to support flip, and slightly below at the EQ of the trading range, another resistance to support flip. $389-395, give or take. If it drops lower I will buy more, down to $360 or so.”
Crypto trader Rekt Capital believes Ethereum is in the phase of consolidating gains and it’s only a matter of time before the second-largest cryptocurrency resumes its uptrend.
“ETH continues to follow BTC. While BTC has broken out to new highs, ETH has broken back into its previous money flow channel. ETHUSD will be range-bound between $391-$434 for now. I expect ETH to resume its catchup to BTC once BTC cools down.”
While other traders are long-term bullish on Ethereum, closely-followed trader DonAlt is cautious on ETH as he says the cryptocurrency is struggling to move above monthly resistance of $400.
“In stark contrast to BTC, ETH has failed its monthly level and is now finding resistance there. If ETH fails to reclaim that resistance this month I think $270 (the next support) is more likely than further upside.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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As I’ve been pointing out… There nothing but air from $14,000 to new ATH
I don’t expect any kind of pullback until $28,000 and it may be short lived. https://t.co/UC0iCCVzp6
— Max Keiser (@maxkeiser) October 27, 2020
While we wait for BTC post an all-time-high, both on the monthly chart of $14k and the 20k prior top. I’ll point out that the organic valuation under NVT Price from underlying long term investors is already at an all-time-high. Price will follow. pic.twitter.com/s5uVN5EtM2
— Willy Woo (@woonomic) October 27, 2020
I do think we will see an all-time-high price for #Bitcoin before 2020 is over. Even though the price has climbed from 10k to almost 14k in less than a month, it hasn’t really gone on a breakout run yet. When we start to see 3-5k surges then the bulls will be on the run
— Tyler Winklevoss (@tyler) October 27, 2020
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MAX KEISER GAVE ALEX JONES 10,000 BITCOIN ON A LAPTOP 10 YEARS AGO NOW WORTH $550 MILLION TODAY!!
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Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast gifted InfoWars founder Alex Jones a laptop with 10,000 BTC 10 years ago back when the Bitcoin price was under $5 which he claims to have lost which is now worth more than $550 million dollars today.
“And Max Keiser comes to me…10,000 Bitcoins for you. This is the future. It will be the new global currency (he’s on record)…I lost the laptop he put the 10,000 on. Today, what’s 10,000 Bitcoins worth? A lot.”
After Bitcoin roared back to $56,000 earlier today, this would be worth a whopping $560 million.
American comedian Andrew Schulz went on to physically slap Jones, who swore he had a cryptocurrency fortune:
“He [Keiser] was the guy who told me that it was gonna replace the dollar, and that Japanese guy invented it.”
In a tweet, Max Keiser – who is known as one of the earliest Bitcoin advocates -confirmed that he did gift the 10,000 coins to AlexJones. Back then, they were trading at just mere dollars.
Max Keiser finally managed to convert America’s most famous conspiracy theorist into a Bitcoin believer while revealing his $400,000 BTC price prediction on Jones’ show.
In other trending Bitcoin News today:
Israeli Asset Manager Doubles Its $100M Bitcoin Investment In Just Two Months
Israel’s Altshuler Shaham Investment House has doubled its money after tipping $100 million into the Grayscale Bitcoin Trust late last year. It’s the only Israeli institution kn to have invested this magnitude of funds into Bitcoin so far.
The news follows increasing institutional interest in Bitcoin internationally, with reports on March 7 that Chinese tech company Meitu had become the first Hong Kong-listed company to invest $40 million into cryptocurrencies, split between Ethereum and Bitcoin.
Israel’s Globes publication reported that Altshuler Shaham acquired the GBTC shares in late 2020 when Bitcoin was trading around $21,000. Co-CEO, founder and co-owner Gilad Altshuler told the publication:
“The $100 million investment has become $200 million, and of the $200 million we have already sold about a third.”
He added, “This is a new investment for us. It took a few months until we got all the relevant approvals and all the opinions that approved our investment in the field.”
The Globes report stated the investment house currently holds around $150 million worth of the cryptocurrency — with Altshuler noting it may add more:
“It depends on the price. We were a little intimidated by the speed with which Bitcoin reached these prices, with its global market capitalization crossing the $1 trillion mark, and that worried us a bit.”
Altshuler Shaham is one of the largest investment houses in Israel, managing around $51.5 billion in long term savings for retirement and pension funds as of the end of January. It’s not the first time Altshuler Shaham has dabbled in cryptocurrency, with the firm reportedly taking positions in local initial coin offerings back in 2017.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He sold the last of his #silver stocks to raise the cash. If my own son is this brainwashed imagine how vulnerable most kids are. He’s HODLing to infinity or bust.
— Peter Schiff (@PeterSchiff) March 10, 2021
https://u.today/infowars-alex-jones-lost-laptop-with-560-million-worth-of-bitcoin
https://cointelegraph.com/news/peter-schiff-s-son-moves-100-of-his-portfolio-into-bitcoin
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BITCOIN TO METEORICALLY RISE 15X – HERE’S WHEN!! GUGGENHEIM STANDS BY $600K BTC PRICE PREDICTION!!
💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Guggenheim Partners founder Scott Minerd says a $600,000 Bitcoin price is still in the cards, but investors may have to prepare for a further drawdown before BTC can start rising again. In an interview with CNBC, Minerd discusses the possibility of Bitcoin losing over 50% of its based on historical price action.
“Every major run-up in Bitcoin, there has been about an 80% crash. Now, that would make a lot of sense in a lot of ways because that would bring us back into the neighborhood of $15,000.”
“Our research shows that as a store of value, and that’s a debatable point, that if you were to compare it against gold, you’d be at somewhere between $400,000 and $600,000.”
In other trending Bitcoin News today: Bitcoin To Meteorically Rise 15x, Says Crypto Analyst Lark Davis. Davis believes BTC is poised to reach a six-figure price as its fundamentals continue to grow at an exponential rate.
“Bitcoin will go on to rival the market cap of gold this decade. That is a 15X from the current price, which will give a per unit price of $550,000 per BTC.”
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Ledger: ► http://ledger.cryptonewsalerts.net
DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
TA: Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally
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