Bitcoin Analyst cautions traders not to buy now. Nick Colas, the first analyst to cover Bitcoin in Wall Street, has drawn a red flag for cryptocurrency investors as a sign of threat. According to him, people are not signing up for new Bitcoin wallets. There are about 3000 installed Bitcoin ATMs in the world. Not as popular as the traditional ... Wall Street's First Analyst Urges Caution on Buying Bitcoin. Wall Street's first analyst Nick Colas has new recommendations for investors, and he says to avoid buying it. DataTrek Research co-founder Nick Colas told to CNBC that Buying Bitcoin is not the right time for as of now. So it is better to avoid it. Early May, Nick Colas, the pro-BTC Wall Street analyst showed his concern about the interest in cryptocurrency in the interview with CNBC. He thought that there are some losing interest indicators. For instance, Google searches of key word ’Bitcoin” has declined. And less and less people use crypto wallet. However, Colas has not compared the google searches with Beyonce. Nick Colas, one of the first Wall Street analysts to cover Bitcoin, believes that 2018 will see a surge in volatility with about 40 percent falls. If that happens, timing the markets become that much more important. A buy and hold strategy, similar to 2017, might not be the best way to trade Bitcoin. Bitcoin Technical Analysis & Bitcoin News Today: The Bybit trading competition starts on the 28th of November. I'll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more! 1:03 Bitcoin Analysis 7:32 Hong Kong & Bitcoin 9:28 Millenials Choose BTC 11:36 Fidelity 12:36 Crypto Exchanges 13:44 ... Nick Colas, the first analyst to cover Bitcoin in Wall Street, has drawn a red flag for cryptocurrency investors as a sign of threat. According to him, people are not signing up for new Bitcoin wallets. There are about 3000 installed Bitcoin ATMs in the world. Not as popular as the traditional bank teller machines, cryptocurrency ATMs are important in the cryptospace. Most countries in the ... Es gibt im Moment viel Aufregung um den Bitcoin-Preis. DataTrek Research-Mitbegründer Nick Colas ist nicht allzu überzeugt, dass Kryptowährung bestehen bleiben. Obwohl er der erste Bitcoin-Analyst der Wall Street ist, sieht seine Prognose eher düster aus.
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