From Banks To Funds To Brokers, Everyone Outside of Crypto Is Talking Bitcoin Today

Tony "The Bull" Severino

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.

After Bitcoin’s meteoric rise to its all-time high price of $20,000 back in December 2017, the first ever cryptocurrency has given investors, traders, and mainstream media more than enough reason to criticize the crypto, call it a bubble, and point to severe losses as reason for why the asset would die a slow death. It has caused many to write off the asset entirely, and much of the hype surrounding crypto and blockchain has since faded.

However, following an extremely powerful rally in Bitcoin last night, the king of cryptocurrencies has the entire world talking again, from “banks to funds to family offices to brokers” and more. With Bitcoin price back in the limelight, the resurgence in interest could send the price of the leading crypto by market cap back into the stratosphere.

Bitcoin Making Headlines On Major Media Outlets Once Again

Never underestimate the power of mainstream media. Headlines influence behavior and decision making, and the constant headlines of Bitcoin price reaching new heights in 2017 took the world by storm.

But since then it’s been a rocky road, and a long, arduous bear market has beaten and battered even the most hardcore of Bitcoin bulls. Enthusiasm surrounding Bitcoin has all but vanished from the crypto market. However, a recent overnight rally that broke important resistance levels has the entire world outside of the cryptocurrency space talking about the BTC for the first time since its highly-publicized parabolic advance, and it could help it reclaim its fame.

Everybody outside crypto is talking about bitcoin today.

From banks to funds to family offices to brokers.

— Alex Krüger (@krugermacro) April 2, 2019

According to New York-based trader and economist Alex Kruger, “everybody outside of crypto is talking about bitcoin today.” “From banks to funds to family offices to brokers,” he added.

A quick Google search backs up these claims, and every major mainstream media outlet from Bloomberg, to New York Times, to Wall Street Journal, to Yahoo Finance and every publication in between features headlines on Bitcoin. Even tech sites, such as Gizmodo, are reporting on the massive Bitcoin rally to $4,800. Twitter and other social media platforms are also echoing talk about Bitcoin’s powerful surge.

Media Blitz Could Kick Off a New Crypto Bull Run

The headlines are becoming the subject for water cooler talk amongst investors and traders everywhere. The same public that watched as Bitcoin skyrocketed to $20,000 are now learning that Bitcoin broke through downtrend resistance that could signal the bear market is over, and a new bull run could begin. Smart money has been and will continue to accumulate BTC at these low prices.

As Bitcoin continues to rise from here, each time it breaks through major price levels, it’ll make even more headlines as awareness about the first-ever cryptocurrency is far higher than the previous bull cycle. The renewed interest, combined with familiarity, and a surge in both price and media attention could be enough to bring Bitcoin price to new all-time highs. It’s just a matter of time.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.