SkrillaKing: Bitcoin (BTC) Bullish Indication or TRAP? Gartner Hype Cycle
With a big 30m green candle in yesterday's Bitcoin (BTC) price, I thought maybe my prediction of $8250 was going to be way off. Stranger things have happened, however over the course of the following 6-12hrs the entirety of bitcoin's pump was erased. We are back floating below $10k and struggling to break above for any consistent period of time.
With that said, I thought today we could look into the Gartner Hype Scale, a theory used by Pantera Capital's Dan Morehead when considering purchasing cryptocurrency. It shows a detailed examination of the major developments in the market over the course of a year and where they fall along the hype wave. It's an interesting theory that I would like to revisit from time to time.
LINKS:
https://www.gartner.com/en/documents/3947355/hype-cycle-for-blockchain-technologies-2019
https://www.gartner.com/en
https://blogs.gartner.com/smarterwithgartner/files/2016/08/Emerging-Technology-Hype-Cycle-for-2016_Infographic_revise2.jpg
https://www.forbes.com/sites/ktorpey/2019/07/23/pantera-ceo-42000-bitcoin-price-by-the-end-of-2019-a-good-shot/#42b837515767
https://www.ledgerinsights.com/gartner-blockchain-hype-cycle/
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
► Business Email: [email protected]
Useful Links
Mine Cryptocurrencies:
https://cyberianmine.de/ref/skrilla25
Proud Ambassador Of Dacxi:
https://dacxi.com/
Discuss Crypto with Me ►►https://skrillaking.com/discord
Buy Bitcoin, Get $10 ►►https://skrillaking.com/coinbase
Buy Cryptos on Binance ►►https://skrillaking.com/binance
My #1 Hardware Wallet ►►https://skrillaking.com/ledger
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Social Links
► Twitter: https://twitter.com/SkrillaKingReal
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
DISCLAIMER: Only invest what you can comfortably afford to live without, and consult a qualified financial advisor if you’re serious about investing. The content of these videos is meant to be informative and entertaining and should not be construed as financial advice, a guarantee of returns, or an official endorsement of any company, party, platform, agent, etc. unless otherwise explicitly noted.
#Bitcoin #Blockchain #crypto
Additional Info
- Read full article on: SkrillaKing
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.