{"id":17284,"date":"2021-01-04T07:34:04","date_gmt":"2021-01-04T06:34:04","guid":{"rendered":"https:\/\/bernstein-bank.com\/?p=17284\/"},"modified":"2021-01-04T07:34:04","modified_gmt":"2021-01-04T06:34:04","slug":"bitcoin-again","status":"publish","type":"post","link":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/","title":{"rendered":"Bitcoin again!"},"content":{"rendered":"\n\n\n
\n

Gold<\/span>\u00a0 1923,475
\n(+6,21%<\/span>)<\/h4>\n<\/th>\n

\n

EURUSD<\/span>\u00a0 \u00a01,2248
\n(+3,15%<\/span>)<\/h4>\n<\/th>\n

\n

DJIA<\/span>\u00a0 30515
\n(+2,23%<\/span>)<\/h4>\n<\/th>\n

\n

OIL.WTI<\/span>\u00a0 49,555
\n(+14,00%<\/span>)<\/h4>\n<\/th>\n

\n

DAX<\/span>\u00a0 \u00a013668,50
\n(+3,18%<\/span>)<\/h4>\n<\/th>\n<\/tr>\n<\/tbody>\n<\/table>\n

The first newsletter of the year is of course about the first cryptocurrency, and you can see why! On Sunday, Bitcoin was actually trading at $34,800, more than $5,000 higher than in the last days of December.<\/p>\n

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

The first bears on the foreign exchange market and the stock exchanges have been in mischief since the opening of trading on Monday. Massive margin calls and position closures by brokers.
\nWe have warned our subscribers of exactly this development, under the low liquidity conditions during the New Year holidays.<\/p>\n


\nWhat happens next?<\/strong><\/p>\n

The decisive factor is what happens with the opening of the US trading session. It is possible that the price will fly up by another 10-15% when the stops are closed. There will simply be no one left in the market who wants to short Bitcoin again. However, another scenario is also possible. First, stops are removed above the $35,000 level and then profit taking and a sharp reversal are possible.
\nThis could be favoured by regulators. This is one of the last chances to dramatically defeat bitcoin before everyone in the world realises that it will become a major investment asset for the rest of the year.<\/p>\n


\nWe remain conservative<\/strong><\/p>\n

Although BTC has risen 15% in just 3 days of the new year, we still do not expect levels of USD 100,000-200,000-300,000 etc. in 2021. These levels are being vigorously predicted by a growing number of analysts, including from the banking sector. The number of such forecasts is likely to increase sharply in January. Our conservative forecast is that BTC will grow 2-3 times from its closing level of $29,000 by the end of the year. That would be a range of $58,000-$87,000. And of course, we’d love to be wrong on the downside!<\/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 1923,475 (+6,21%) EURUSD\u00a0 \u00a01,2248 (+3,15%) DJIA\u00a0 30515 (+2,23%) OIL.WTI\u00a0 49,555 (+14,00%) DAX\u00a0 \u00a013668,50 (+3,18%) The first newsletter of the year is of course about the first cryptocurrency, and you…<\/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-17284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nBitcoin again! | Bernstein Bank<\/title>\n<meta name=\"description\" content=\"The first newsletter of the year is of course about the first cryptocurrency, and you can see why!\" \/>\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\/bitcoin-again\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin again! | Bernstein Bank\" \/>\n<meta property=\"og:description\" content=\"The first newsletter of the year is of course about the first cryptocurrency, and you can see why!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/\" \/>\n<meta property=\"og:site_name\" content=\"Bernstein Bank\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-04T06:34:04+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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/\"},\"author\":{\"name\":\"Wordpress Support\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"headline\":\"Bitcoin again!\",\"datePublished\":\"2021-01-04T06:34:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/\"},\"wordCount\":485,\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#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\/bitcoin-again\/\",\"url\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/\",\"name\":\"Bitcoin again! | Bernstein Bank\",\"isPartOf\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"datePublished\":\"2021-01-04T06:34:04+00:00\",\"author\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\"},\"description\":\"The first newsletter of the year is of course about the first cryptocurrency, and you can see why!\",\"breadcrumb\":{\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#primaryimage\",\"url\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"contentUrl\":\"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg\",\"width\":800,\"height\":455,\"caption\":\"Morning Stock News\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bernstein-bank.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin again!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#website\",\"url\":\"https:\/\/bernstein-bank.com\/en\/\",\"name\":\"Bernstein Bank\",\"description\":\"Bernstein Bank GmbH\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ENH\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48\",\"name\":\"Wordpress Support\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin again! | Bernstein Bank","description":"The first newsletter of the year is of course about the first cryptocurrency, and you can see why!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin again! | Bernstein Bank","og_description":"The first newsletter of the year is of course about the first cryptocurrency, and you can see why!","og_url":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/","og_site_name":"Bernstein Bank","article_published_time":"2021-01-04T06:34:04+00:00","og_image":[{"width":800,"height":455,"url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","type":"image\/jpeg"}],"author":"Wordpress Support","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Wordpress Support","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#article","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/"},"author":{"name":"Wordpress Support","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"headline":"Bitcoin again!","datePublished":"2021-01-04T06:34:04+00:00","mainEntityOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/"},"wordCount":485,"image":{"@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#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\/bitcoin-again\/","url":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/","name":"Bitcoin again! | Bernstein Bank","isPartOf":{"@id":"https:\/\/bernstein-bank.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#primaryimage"},"image":{"@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#primaryimage"},"thumbnailUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","datePublished":"2021-01-04T06:34:04+00:00","author":{"@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48"},"description":"The first newsletter of the year is of course about the first cryptocurrency, and you can see why!","breadcrumb":{"@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#breadcrumb"},"inLanguage":"ENH","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bernstein-bank.com\/en\/bitcoin-again\/"]}]},{"@type":"ImageObject","inLanguage":"ENH","@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#primaryimage","url":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","contentUrl":"https:\/\/bernstein-bank.azureedge.net\/wp-content\/uploads\/2019\/10\/morning-news.jpg","width":800,"height":455,"caption":"Morning Stock News"},{"@type":"BreadcrumbList","@id":"https:\/\/bernstein-bank.com\/en\/bitcoin-again\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bernstein-bank.com\/en\/"},{"@type":"ListItem","position":2,"name":"Bitcoin again!"}]},{"@type":"WebSite","@id":"https:\/\/bernstein-bank.com\/en\/#website","url":"https:\/\/bernstein-bank.com\/en\/","name":"Bernstein Bank","description":"Bernstein Bank GmbH","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bernstein-bank.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ENH"},{"@type":"Person","@id":"https:\/\/bernstein-bank.com\/en\/#\/schema\/person\/f2be4e4423d78d9d97bf1e9a8db9fd48","name":"Wordpress Support"}]}},"_links":{"self":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/17284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/comments?post=17284"}],"version-history":[{"count":0,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/posts\/17284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media\/13158"}],"wp:attachment":[{"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/media?parent=17284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/categories?post=17284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bernstein-bank.com\/en\/wp-json\/wp\/v2\/tags?post=17284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}