Storm altcoin usd

Show More Ideas. Strong bullish signals on chart pattern as I almost found it tracking supports and resistances. Idea long-term. Storm is Looking very bullish as chart.

73.1 STORM to LTC (73.1 Storm to Litecoin) Exchange Calculator

Source: CCN. So, Bitcoin remains extremely calm, for. Source: BitcoinCharts. Nevertheless, despite the tame atmosphere surrounding Bitcoin for the uds being, this is predominantly likely just the calm before the storm, a storm that is likely to lift Bitcoin storm altcoin usd substantially higher over the next several years. This is not the first-time Bitcoin has seen calm waters. Primarily, similar low volatility phenomenon have occurred in the very late stages of Bitcoin bear markets the opposite of vertical moves and wild price swings we see at the height of Bitcoin bull markets. Everyone seemingly loses interest, volume dries up, news flow quiets down, and then, when you least expect it, the next Bitcoin bull market begins.

Financial Intelligence for Cryptocurrencies

The crypto market moves in cycles — and understanding these cycles is key to profiting, managing risk and keeping sane. Howard Marks describes two ways to profit from markets: 1 Hold more of the things that rise and less of the things that fall, and 2 cycle adjustment, or trying to have more risk exposure when markets rise and less when they fall. Most people ignore the second part. Yet the key to cycle adjustment is understanding where you are in the cycle and calibrating the risks and rewards to account for it. Similar to the broader economy, we have both short and long-term cycles. Short-term cycles are driven by the capital flows, investor composition and market sentiment.

STORMBTC Crypto Chart

Source: CCN. So, Bitcoin remains extremely calm, for. Source: BitcoinCharts. Nevertheless, despite the tame atmosphere surrounding Bitcoin for the time being, this is predominantly likely just the calm before the storm, a storm that is likely to lift Bitcoin prices substantially higher over the next several years.

This is not the first-time Bitcoin has seen calm waters. Primarily, similar low volatility phenomenon have occurred in the very late stages of Bitcoin bear markets the opposite of vertical moves and wild price swings we see at the height of Bitcoin bull markets. Everyone seemingly loses interest, volume dries up, news flow quiets down, and then, when you least expect it, the next Bitcoin bull market begins.

So, what will be the catalyst to light a match beneath Bitcoin prices? There are several developments that should begin to improve sentiment, and start to move prices substantially higher going forward.

Draper believes that many of us will be using cryptocurrencies to buy coffee and other everyday things 5 years from now instead of implementing fiats.

Naturally, Draper is not alone in his bullish analysis on Bitcoin. Well, that does not appear very likely now, nevertheless, Bitcoin could be worth much more several years from.

The problem with Bitcoin price targets is that they are extremely difficult to pin down, but due to the fundamental factors surrounding Bitcoin the overall trajectory should remain higher long-term. In fact, in a recent interview Mr. Dimon shared just how much he does not care for Bitcoin. I never changed what I said, I just regret having said it.

Great insight from Jamie right there, which may accurately represent the viewpoint of many longtime banking and Wall St insiders. So, why should Mr. Dimon care about Bitcoin, or like it or dislike it at all? Source: imgflip. Well, Mr. Dimon is the head of one of the wealthiest and most powerful banking institutions in the world. Incidentally, JPMorgan, like every other major bank in the U.

Additionally, member banks like JPMorgan get to assign 6 of the 9 board members at every regional Federal Reserve Bank. Some readers may think the Federal Reserve is part storm altcoin usd the U. It is sanctioned by the U. Therefore, it is logical to presume that the same entities who own majority stakes in major U.

It seems convenient that a private organization like the Fed has a monopoly on dollar creation. This is the system that we live in, the fiat reality. Who do you think a system such as this favors and benefits, the people making the rules, or the general public? So, of course Jamie Dimon does not care much for Bitcoin. In fact, he should probably fear and despise it, because Bitcoin and cryptocurrencies in general represent a real alternative and thus a true threat to the current status quo fiat finical order.

This takes the potential for predatory manipulation, devaluation, inflation, and other unpleasant factors essentially out of the financial equation. Critics often point to the fact that there are now over 2, cryptocurrencies in circulation. Some skeptics claim that the continuous creation of new digital assets delegitimizes the entire space, and will ultimately render most or all cryptocurrencies close to worthless. This implies that new coins coming online may enjoy very limited success going forward, and the prominent coins of today will likely turn out to be the widely-used coins of tomorrow.

Source: ViceNews. As the segment matures barriers to entry will become higher as there are a number of dominant cryptocurrencies that are likely to retain their leading market positions indefinitely. This suggests that while these coins will increase in value substantially over time, newer coins coming online with similar functions will likely remain largely irrelevant due to the recognition and widespread use of current digital assets, and higher barriers to entry going forward. In September, the ruling on 9 Bitcoin ETFs got postponed, but a decision is expected in the near future.

The introduction of Bitcoin ETFs will likely open floodgates into the Bitcoin market, and will propel Bitcoin into the main stream as far as conventional investible assets are concerned. This will very likely help ignite the next bull phase in the bitcoin era. Right now, investors have very limited access to Bitcoin. They can either buy Bitcoin directly through a cryptocurrency exchange, they can trade Bitcoin futures contracts, or they can buy the Grayscale Bitcoin Investment Trust OTCQX:GBTCnone of which are ideal options for the vast majority of retail and institutional investors.

Much easier access will be granted via multiple mainstream Bitcoin ETFs. Furthermore, even if the SEC postpones its decision again or does not approve an ETF at this time, the path is already set for Bitcoin to be accepted into the investment world on a mass scale. Bitcoin futures already exist and trade freely on the biggest exchanges in the U. Furthermore, Bitcoin has been officially classified as a commodity, is receiving increased regulation, and the next logical step is to introduce ETFs.

Also, there are many prominent companies now pushing for Bitcoin backed ETFs to be approved. One very atypical factor about the Bitcoin phenomenon is the extremely limited role traditional investment houses and Wall St in general has played in it.

Aside from shorting Bitcoin from the highs, it appears that institutional investors have made very little money in Bitcoin, thus far. This is precisely why the next wave of capital capable of taking Bitcoin substantially higher will likely come from big institutional investors.

Opportunities in the digital asset space for investment companies are essentially limitless, and this is precisely why Goldman Sachs GSand others are starting to venture into the crypto space. I expect that when the next Bitcoin bull market arrives, Wall St will not be sitting it out this time. There is simply too much money to be made, and the space has reached scale capable of attracting many billions in institutional dollars.

So, expect prices to go especially high next time around due to excess speculation from the guys on Wall St. Another factor that is likely to propel prices higher is the continuously improving functionality of digital assets.

Moreover, Bitcoin returns the control over money back to the people where it ultimately belongs. I agree with Mr. One thing that all these calm periods have in common is that they occurred after substantial declines had taken place, and they all preceded significant rallies. Moreover, there are plenty of potential catalysts capable of sparking an explosive rally in Bitcoin as well as in other digital assets. The approval of Bitcoin backed ETFs, increased institutional participation, improved functionality, as well as other bullish elements will likely play an instrumental role in driving the next Bitcoin wave significantly higher.

In my view, the number one long-term threat Bitcoin faces is detrimental government regulation or an all out Bitcoin ban. If major Bitcoin friendly governments like the U. Demand would likely plummet and when demand for a commodity decreases so does its price, drastically at times. This seems unlikely due to the progressive steps taken in the U. Another risk factor is the concern that Bitcoin may never become a widely used transactional currency due to its issues with speed and scale.

Yes, the Lightning Network promises to solve many of the issues associated with speed, cost, and scale, but there is no guarantee that the LN will become widely adopted, even over time. Therefore, there is the risk that newer and more efficient digital currencies like LiteCoin, Bitcoin Cash and others will make Bitcoin somewhat obsolete as an actual medium of exchange for the masses. Continued security breaches in the Bitcoin world concerning exchanges and individual wallets is a constant concern.

If significant breaches continue, investors and users may start to lose confidence in the system and demand could decrease as a result. Likewise for fraud cases. In an industry that is relatively loosely regulated, substantial fraudulent activity is a persistent risk.

Just like with security breaches, when people get ripped off, it reflects poorly on the entire industry and demand along with prices can suffer.

Another concern is the seemingly endless supply of new cryptocurrencies. There are now over 2, different cryptocurrencies listed on CoinMarketcap. The risk is that the market may become oversaturated with digital assets which could lead to a crash, or to a devaluation of many digital assets, including Bitcoin. There is always the simple risk of loss of interest amongst the masses. In this case, Bitcoin may not experience substantial demand, and the price would very likely cascade much lower over time.

The bottom line is that Bitcoin is not for. Bitcoin is still a relatively new phenomenon and no one truly knows exactly how it is going to play out over the long term.

Thank you for taking the time to read my article. Disclaimer: This article expresses solely my opinions, is produced for informational purposes only, and is not a recommendation to buy or sell any securities.

Investing comes with substantial risk to loss of principal. Please conduct your own research, consult a professional, and consider your investment decisions very carefully before putting any capital at risk. Want more? Want full articles that include technical analyses, trade triggers, trading strategies, portfolio insight, option ideas, price targets, and much more?

To learn how to best position yourself for a rally in Bitcoin please consider joining Albright Investment Group. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it other than from Seeking Alpha.

I have no business relationship with any company whose stock is mentioned in this article. Submit Press Release. Source: CreditCards. Institutions Likely to Move In Soon One very atypical factor about the Bitcoin phenomenon is the extremely limited role traditional investment houses and Wall St in general has played in it.

Improving Functionality Another factor that is likely to propel prices higher is the continuously improving functionality of digital assets. Bitcoin: Long-Term Logarithmic Chart Moreover, there are plenty of potential catalysts capable of sparking an explosive rally in Bitcoin as well as in other digital assets.

Risks Do Exist Detrimental Government Regulation In my view, the number one long-term threat Bitcoin faces is detrimental government regulation or an all out Bitcoin ban. Continued Functionality Issues Another risk factor is the concern that Bitcoin may never become a widely used transactional currency due to its issues with speed and scale.

Continued Security Breaches and Fraudulent Activity Continued security breaches in the Bitcoin world concerning exchanges and individual wallets is a constant concern.

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