NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Could the Emerging Markets be Playing a Role in the Bitcoin (BTC) Bear Market?

Cole Petersen
Cole Petersen
6 years ago
3 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

As the Bitcoin (BTC) and crypto bear market persists, investors are growing increasingly keen on discovering what events could be holding the markets down, and what events could act as a catalyst for a widespread market recovery.

Now, one notable Bitcoin bull is now claiming that the 2018 bear market was the direct result of overall weakness in the emerging markets (EM), and that growing strength in the EM will lead the crypto markets to surge in the year ahead.

Bitcoin (BTC) Incurs Growing Fundamental Strength

At the time of writing, Bitcoin is trading down marginally at its current price of $4,030 and is up significantly from its weekly lows of just over $3,800.

Analysts have long claimed that $4,000 was a key level of resistance for Bitcoin, so its ability to break and hold above this price level is certainly a positive development for the cryptocurrency.

Despite this, it is important to note that earlier this month BTC surged to $4,200, where it incurred a significant amount of selling pressure that sent its price spiraling downwards. It is likely that this price level will be the next significant region of resistance that the crypto must break above.

Regardless of the less-than-ideal market conditions, there have been multiple positive developments that could have large and lasting impacts on the entire crypto industry in the years to come. Some of these include the launch of Fidelity’s cryptocurrency custody solution, as well as the Bakkt platform – which is expected to launch in the near future.

Furthermore, regulatory authorities in the United States are continuing to express a balanced and well-reasoned approach to regulating the nascent markets, with the SEC Chairman, Jay Clayton, recently offering an affirmation his colleagues’ previous stance on the non-securities status of Ethereum, and further claiming that his agency intends to take an approach to the markets that “fosters responsible innovation.”

“Overall, I believe we have taken a balanced regulatory approach that fosters responsible innovation in this area, while also protecting investors and the markets,” Chairman Clayton explained in a recent letter regarding the application of federal securities laws to digital assets.

Could the Emerging Markets Really Have an Impact on Bitcoin?

Although there is undoubtedly growing fundamental strength in the cryptocurrency markets, it remains unclear as to whether or not the persistence of the current bear market can be attributed to anything more than mere trading psychology.

Tom Lee, a notable Bitcoin bull who has infamously made some very inaccurate and sanguine price predictions about the crypto markets, is now claiming that the Emerging Markets (EM) have played a role in the 2018 crypto market downturn, and that they will now help BTC surge in the year ahead.

“Earlier this year, we noted the ‘macro’ factors such as rally in risk assets plus USD no longer surging are tailwinds 4 $BTC… Chart shows EM in 2018 pulled down $BTC. Notice especially how #bitcoin tried to diverge in late 2018 but ultimately succumbed,” he explained.

CRYPTO (1/2): earlier this year, we noted the “macro” factors such as rally in risk assets plus USD no longer surging are tailwinds 4 $BTC #bitcoin

Chart shows EM in 2018 pulled down $BTC. Notice especially how #bitcoin tried to diverge in late 2018 but ultimately succumbed. pic.twitter.com/kWoPXYctOf

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) March 17, 2019

Lee further claimed that if Bitcoin is able to “catch up” to the aforementioned macro factors, it will likely surge to between $10k and $20k in the year ahead.

“Natural question is how much implied upside #bitcoin to ‘catch up’ to macro. S&P 500+small-cap rally  since 12/24 is >2 std dev. 1-std dev for $BTC is +185% gain. ‘Catching up’ to equities implies $10k-$20k. NOT OUR BASE CASE. Just highlighting macro tailwind,” he noted.

CRYTPO (2/2): natural question is how much implied upside #bitcoin to “catch up” to macro.

S&P 500+small-cap rally since 12/24 is >2 std dev.

1-std dev for $BTC is +185% gain. “Catching up” to equities implies $10k-$20k.

NOT OUR BASE CASE. Just highlighting macro tailwind. pic.twitter.com/p67FDNGmI3

— Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) March 17, 2019

Although this is simply one possibility, Lee’s price prediction may actually be accurate for once if the global markets continue to express strength in 2019, and if that strength has a positive influence on nascent markets, like crypto.

Featured image from Shutterstock.
Tweet123Share196ShareSend
Cole Petersen
Cole Petersen

Cole Petersen

Cole is a cryptocurrency analyst based in Los Angeles. He studied at the University of California Irvine and has been interested in Bitcoin and the crypto markets since 2013.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason

Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason

Ethereum surged over 5% yesterday, pushing past the key $2,700 level and signaling renewed strength across the altcoin market. After...

Sebastian Villafuerte 1 hour ago

Bitcoin è Pronto a Esplodere? Un Analista Avverte: Liquidità in Esaurimento Mentre le Whale Prendono il Controllo

Bitcoin continua a oscillare appena sotto il suo precedente massimo storico, consolidandosi intorno ai 109.000$, nonostante un modesto incremento dell’1,9%...

clararosati 2 hours ago
crypto news

‘Real’ Crypto Bull Run Just Beginning, Says Analyst—Here’s Why

In a livestream broadcast on X, independent market technician Kevin, known online as @Kev_Capital_TA, argued that crypto markets are only...

Jake Simmons 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin price news

Bitcoin Is One Candle Away From $141,300 Breakout, Chart Master Warns

Jake Simmons 23 minutes ago
렛저(Ledger), 나노 시리즈 최대 30% 할인… 7월 15일까지

렛저(Ledger), 나노 시리즈 최대 30% 할인… 7월 15일까지

Soyeon Lee 25 minutes ago

TOKEN6900 iepriekšpārdošana piedzīvo strauju pieprasījuma pieaugumu, analītiķis to nosauc par labāko mēmu monētu, ko iegādāties

lasma 1 hour ago

Premium Sponsors

Press Releases

  • [Profitable combination] ETHRANSACTION launches...

    2 hours ago
  • Bitget Annual Trading Competition KCGI Launches With $6...

    4 hours ago
  • Urmăriți în această săptămână memecoin-urile SOLAXY, BONK și POPCAT.

    Meme Của Elon Musk Đẩy $PNUT Tăng Vọt – Tác...

    5 hours ago
  • Shiba Inu & Dogecoin koers onder druk – nemen nieuwe meme coins het stokje over?

    Các Đồng Coin Tiềm Năng Nên Mua Khi Trump Media Ra...

    5 hours ago
  • Dự Đoán Giá Dogecoin, Pepe, SPX6900 Cuối Năm 2025...

    5 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.