bitcoin bubble

Fund Manager Bill Miller Unfazed by Falling BTC Price, Says Bitcoin Correction Is ‘Pretty Routine’

<div class=”featured_image_container”> </div> <strong>The founder and chief investment officer of Miller Value Partners, Bill Miller, is not disturbed by the falling price of bitcoin. While acknowledging that the price drop looks extreme when compared to the stock market, he says it is “pretty routine” for the cryptocurrency.</strong> Bill Miller Sees Bitcoin Correction as ‘Pretty Routine’ …

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Bank of America Survey: ‘Long Bitcoin’ Is Most Crowded Trade, 75% of Fund Managers See BTC as Bubble

<div class=”featured_image_container”> </div> <strong>The most recent Bank of America Fund Manager Survey finds that the most crowded trade is “long bitcoin.” Nonetheless, 75% of fund managers say the cryptocurrency is in a bubble zone.</strong> Fund Managers Say Long Bitcoin Is Most Crowded Trade but Most See Bubble The Bank of America (BoA) Fund Manager Survey …

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Fund Manager Bill Miller Says Bitcoin Is Not a Bubble — BTC Entering Mainstream as Demand Grows Faster Than Supply

<div class=”featured_image_container”> </div> <strong>Bill Miller, the founder and chief investment officer of Miller Value Partners, does not think bitcoin is a bubble. Instead, he said it is at the beginning of mainstream adoption. Remaining bullish on the cryptocurrency, the famed value investor explained that bitcoin’s price will rise as </strong><strong>the demand for the crypto is …

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Bank of America Survey: 74% of Fund Managers See Bitcoin as a Bubble

<div class=”featured_image_container”> </div> <strong>The most recent Bank of America Fund Manager Survey shows that about three out of four professional investors think that bitcoin is a bubble. The fund managers also rated bitcoin second on the list of the most crowded trades. Recently, investment bank JPMorgan also warned that cryptocurrency as a sector is in …

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Bitcoin Near ‘Extreme Bubble’ but Tesla More Vulnerable: Deutsche Bank Survey

<div class=”featured_image_container”> </div> <strong>Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of respondents see some bubbles in financial markets, with bitcoin near the “extreme bubble” territory. However, more respondents expect the cryptocurrency to double than they do Tesla’s stock.</strong> Deutsche Bank’s Bubble Survey A survey published Tuesday by Deutsche Bank asked 627 …

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Bitcoin Now the Most Crowded Trade – Labeled a ‘Bubble’ in Bank of America Survey

<div class=”featured_image_container”> </div> <strong>According to findings of a recent Bank of America (BOA) survey, buying bitcoin has now surpassed tech stocks as the most crowded trade. This new ranking means tech stocks have been relegated into second place for the first time since October 2019. </strong> Still, a majority of the interviewed fund managers believe …

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Crypto Long & Short: No, Bitcoin Is Not in a Bubble

To think that such a festive concept, one that evokes both sophistication and childlike wonder, could become so financially charged … Last week, Bank of America Securities chief investment strategist Michael Hartnett said in a note that bitcoin looks like “the mother of all bubbles.” Harnett seems to be using the strength and speed of …

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Bank of America Predicts ‘Mother of All Bubbles’ for Bitcoin

<div class=”featured_image_container”> </div> <strong>Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin.</strong> Bank of America Warns of Huge Bitcoin Bubble Bitcoin’s recent rally has worried a number of prominent financial analysts who warned …

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How Investors Are Presented With Bitcoin: ‘A New Decentralized Monetary Asset, Akin to Gold’

Bitcoin (BTC) is a compelling investment case “for patient, long-term investors” willing to spend the time to understand the top cryptocurrency, a new paper by Paradigm co-founder managing partner Matt Huang notes. The crypto entrepreneur places BTC besides gold, as a go-to store of value, amid unprecedented stimulus spending by governments during the Covid-19 crisis. …

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