{"id":16356,"date":"2020-06-26T07:34:06","date_gmt":"2020-06-26T05:34:06","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=16356\/"},"modified":"2020-06-26T07:34:06","modified_gmt":"2020-06-26T05:34:06","slug":"when-will-the-bitcoin-be-worth-15000","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/","title":{"rendered":"When will the bitcoin be worth $15,000?"},"content":{"rendered":"\n\n\n
\n

Gold<\/span>\u00a0 \u00a01693,50
\n(-3,96%<\/span>)<\/h4>\n<\/th>\n

\n

EURUSD<\/span>\u00a0 \u00a01,0799
\n( -3,70%<\/span>)<\/h4>\n<\/th>\n

\n

DJIA<\/span>\u00a0 24115
\n(-5,76%<\/span>)<\/h4>\n<\/th>\n

\n

OIL.WTI<\/span>\u00a0 25,095
\n(-35,69%<\/span>)<\/h4>\n<\/th>\n

\n

DAX<\/span>\u00a0 \u00a010609
\n(-13,96%<\/span>)<\/h4>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n

The third trading week of June ends in mixed sentiments. On the one hand, we see that the governments of the leading countries are doing everything possible to prevent a deep crisis, on the other hand, the economy is not performing as it should. Is it probably just a matter of time?<\/p>\n


\nBTC\/USD<\/strong><\/p>\n

\"BTCUSD\"<\/p>\n

The latest unemployment data in the US indicates an improvement. The number of initial applications turned out to be better than forecast, but there are still quite a few unemployed. All these expenditures put a lot of pressure on the budget and force the government to use additional resources. At this stage, Europe is doing better than the US. The DAX index is closing at 12177, which is 0.69% higher than the previous value. The S&P500 index is up 0.3% and trades at 3060.<\/p>\n


\nEuro
\n<\/strong><\/p>\n

The Euro remains in the range and is likely to correct to the level of 1.10. There are no strong data for the growth of the EUR\/USD pair, and fears of a sharp increase in the infection of COVID-19 and a possible second wave are forcing investors to move into the U.S. dollar, which strengthens its position in the market. On Thursday, the pair EUR\/USD traded at 1.1230.<\/p>\n


\nGold
\n<\/strong><\/p>\n

Yesterday the precious metal price made new yearly highs. Of course, it is not so easy to stay at such levels, so the correction was inevitable. Now the price is at $1760 per ounce, which is above the serious support line of $1750. This week, most likely, there will be no serious movements and we will see consolidation. The bulls will be gathering strength for the next breakthrough.<\/p>\n


\nBitcoin
\n<\/strong><\/p>\n

Bitcoin has been traded in the range of $9,000 to $10,000 for a month. Traders relax and place stops at the nearest levels. Summer is not the most interesting time for trading. Volumes and activity are decreasing. Entering the market of a large player can quickly throw out these stops and bring the price to levels up to $15000 per bitcoin. Also, a sharp buyback of the coin from the level 9000 suggests that someone likes this price very much and does not want to see the Bitcoin below.<\/p>\n


\nWhat’s waiting for us today?<\/strong><\/p>\n

09.00 ECB Chairman Christine Lagarde will deliver a speech.
\n14.30 Expenses for personal consumption in the USA for May
\n14.30 University of Michigan USA Consumer Confidence Index for June<\/p>\n

\n

Important Notes on This Publication: <\/small><\/p>\n

The content of this publication is for general information purposes only. In this context, it is neither an individual investment recommendation or advice nor an offer to purchase or sell securities or other financial products. The content in question and all the information contained therein do not in any way replace individual investor- or investment-oriented advice. No reliable forecast or indication for the future is possible with respect to any presentation or information on the present or past performance of the relevant underlying assets. All information and data presented in this publication are based on reliable sources. However, Bernstein Bank does not guarantee that the information and data contained in this publication is up-to-date, correct and complete. Securities traded on the financial markets are subject to price fluctuations. A contract for difference (CFD) is also a financial instrument with leverage effect. Against this backdrop, CFD trading involves a high risk up to the point of total loss and may not be suitable for all investors. Therefore, make sure that you have fully understood all the correlating risks. If necessary, ask for independent advice.<\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Gold\u00a0 \u00a01693,50 (-3,96%) EURUSD\u00a0 \u00a01,0799 ( -3,70%) DJIA\u00a0 24115 (-5,76%) OIL.WTI\u00a0 25,095 (-35,69%) DAX\u00a0 \u00a010609 (-13,96%) The third trading week of June ends in mixed sentiments. On the one hand,…<\/p>\n","protected":false},"author":37,"featured_media":13158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-16356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nWhen will the bitcoin be worth $15,000? | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"The third trading week of June ends in mixed sentiments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When will the bitcoin be worth $15,000? | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"The third trading week of June ends in mixed sentiments.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-26T05:34:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"455\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Wordpress Support\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Wordpress Support\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"When will the bitcoin be worth $15,000?\",\"datePublished\":\"2020-06-26T05:34:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/\"},\"wordCount\":595,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"ENH\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/when-will-the-bitcoin-be-worth-15000\/\",\"name\":\"When will the bitcoin be worth $15,000? 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