Bitcoin Is The Only Pure Gold Crypto, Apple Co-Founder Says
Bitcoin’s popularity is on the rise and the king coin’s resilience is shown now by the geopolitical situation. Check out what Apple co-founder had to say about Bitcoin recently. BREAKING 💥 Apple co-founder: #Bitcoin is...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin’s popularity is on the rise and the king coin’s resilience is shown now by the geopolitical situation. Check out what Apple co-founder had to say about Bitcoin recently.
BREAKING 💥 Apple co-founder: #Bitcoin is the only “pure-gold” cryptocurrency 🙌 🙌 pic.twitter.com/Hn1PPgv5il
— Bitcoin Magazine (@BitcoinMagazine) March 6, 2022
Someone hopped in the comments and noted the following:
“Steve Wozniak is a brilliant man and successful founder. Even though he has his reservations on cryptocurrency calling most of them “rip-offs,” he still expressed his admiration for Bitcion. But one thing his interview failed to cover is if he actually owns some Bitcoin.”
Bitcoin price predictionThere are new predictions about the price of Bitcoin these days. Check out the latest reports about the price of the most important coin in the crypto market.
At the moment of writing this article, BTC is trading in the red and the king coin is priced at $38,295.
It’s been revealed that an important crypto strategist and trader says Bitcoin’s recent correction below $40,000 has set the stage for BTC to rally to $50,000 in the coming weeks.
Pseudonymous analyst Credible just said that Bitcoin’s rejection at $45,069 on March 2nd indicates that BTC is now trading inside a triangle pattern while carving a bottom.
“The depth of this retracement means our B wave is likely complete already if this is a triangle structure – now a standard triangle (like we had at $10,000) rather than running.”
He continued and said this:
“Daily demand in BLUE at $38,000 is still the key to hold for this idea to remain valid.”
The crypto strategist said that the triangle pattern that formed during that time preceded Bitcoin’s massive rally from $10,000 to $60,000.
“The last segment of our corrective structure that preceded the third impulse wave from $10,000 to $60,000+ was a triangle. [It] would be nice to see something similar here if our bottom is in. Remember a longer base typically leads to a stronger impulse. Pullbacks on BTC to $38,000 – $42,000 are healthy.”
The post Bitcoin Is The Only Pure Gold Crypto, Apple Co-Founder Says first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Coinbase Bank Gets Full OCC Approval as Ripple Leads Crypto Banking Push
Coinbase has moved closer to the center of the US financial system after securing full approval for its national trust bank charte...
Coinbase Wallet Builds a Web ‘Terminal’ for Active Traders, Eyes AI Agents by Year’s End
Coinbase Wallet is building Coinbase Terminal, a new product for advanced traders, and aims to bring AI agent features to the wall...
Bitcoin Price Drops Below $74,000 as Nvidia Probe and Regulation Fears Spark $1 Billion in Liquidations
Bitcoin Magazine Bitcoin Price Drops Below $74,000 as Nvidia Probe and Regulation Fears Spark $1 Billion in Liquidations Bitcoin p...
Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It”
▶Bitcoin Magazine Kraken’s Dave Ripley: “That Was the Bear Market” and Bitcoin Is “On Our Way Out of It” Is the Bitcoin bear marke...
Banking giant PNC tests stablecoin payments for institutional clients with Coinbase
PNC's stablecoin initiative with Coinbase could accelerate crypto adoption in banking, enhancing transaction efficiency and financ...
Departing Binance CFO Kaiser Ng Plans Tokenization Startup as CZ Floats YZi Labs Backing
Kaiser Ng, who is stepping down as chief financial officer of Binance, says he is leaving to found a company that would put real-w...