Jamie McKane
MyBroadband Journalist
- Joined
- Mar 2, 2016
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"Bitcoin could reach $500,000"
Comments from Morgan Creek Capital Management hedge fund manager Mark Yusko that Bitcoin could reach $500,000 in six years are heartening battered crypto bulls. They may be better served taking a look at some underlying technicals in the meantime.
The Directional Movement Index, or DMI, shows the direction of a price trend by charting the divergence between positive and negative levels.
[Bloomberg]
Comments from Morgan Creek Capital Management hedge fund manager Mark Yusko that Bitcoin could reach $500,000 in six years are heartening battered crypto bulls. They may be better served taking a look at some underlying technicals in the meantime.
The Directional Movement Index, or DMI, shows the direction of a price trend by charting the divergence between positive and negative levels.
[Bloomberg]
