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: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts
  • 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: ‘Crypto Week’ Takes A Hit: US House Fails To Advance Key Acts

Analysts Agree That Long-term Outlook For Crypto Is Optimistic, But at What Cost?

Samuel Wan
Samuel Wan
6 years ago
2 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.

Travis Kling, Chief Investment Officer and founder of Ikigai Asset Management, has called for harmony within the crypto community. His tweet talks about the inevitable “explosive growth” of crypto but warns against petty squabbling, which he sees as harmful to the long-term viability of cryptocurrency.

We all need to realize the explosive growth that is imminent for crypto.

We must realize how petty, immature & unfruitful some of our words/actions can be. They are to the detriment of the long term health of our ecosystem.

NOW is our collective time to shine.
Lets act like it.

— Travis Kling (@Travis_Kling) April 22, 2019

The Short-term Outlook For Crypto

Following on from a buoyant start to April, the anticipation of an incoming bull run is high. And based on Bitcoin’s performance, which has seen a 35% increase in price since the start of the month, the expectancy is justified.

However, opinion is split, on whether the worst is behind us. At one extreme, the likes of Willy Woo and David Puell are confident the bottom is in. With Willy Woo 95% sure that Bitcoin has bottomed.

Whereas other analysts, including Tone Vays, remain bearish. Speaking on a live stream debate, Vays critiqued the technical analysis conclusions of other commentators, and also made relevant points on mining capitulation, due to China’s proposal to ban crypto mining, as a factor to bearish price in the short-term. At 3:41:40, Vays justifies his position:

“the bears, like Tyler and myself, are simply following the trend. And the overall trend is still down. For me to become a bull, I need to see that fall to $4,000, and then reverse and prove to me that it’s going to make a higher low. And then prove to me that it’s going to make a higher high. So until that happens, I can’t be a bull.”

The Long-term Outlook For Crypto

While the short-term direction of Bitcoin divides opinion, there is greater consensus on a bullish outlook in the longer term. Which some predict will dwarf 2017’s all-time-highs.

Tom Shaughnessy, the founder of Delphi Digital, a digital asset research company, predicts the next bull run will exceed anything seen before. In a tweet, he expands on this by saying the previous bull run was mostly down to speculation, which was likely why price action was not sustained. But the next bull run will be driven by the application of the technology.

https://twitter.com/Shaughnessy119/status/1118589467286278144

The Crypto Collective

And while most are optimistic in the long-term, supporting Kling’s bullish sentiment. His call for unity is perhaps asking too much. After all, there can be no forward movement without discussion of the issues. Which can lead to toxic behavior.

However, as adults, we must accept that this is part and parcel of the internet age. And acknowledge that we can only control our own behavior.

This is especially pertinent with regards to the Bitcoin S.V fiasco. Which saw a torrent of negativity and abuse directed at Craig Wright. And while Wright’s personal conduct was questionable, is it right that others respond to him in kind? Especially at the expense of infringing decentralization.

Taking all of this into account, petty squabbles are an inevitable part of crypto, and if anything, as demonstrated by Bitcoin S.V’s case, support the long-term viability of the ecosystem.

Tweet123Share196ShareSend
Samuel Wan
Samuel Wan

Samuel Wan

Samuel Wan is passionate about different cultures and eating good food. He has years of experience working in business and finance — a burgeoning interest in Bitcoin and cryptocurrencies since 2017. UK based.

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

Bitcoin

This Analyst Predicted Bitcoin’s Rally To $120,000 Months Ago, Here’s The Rest Of The Forecast

A crypto analyst who accurately predicted the Bitcoin (BTC) price surge to $120,000 months ago has returned with a bold...

Scott Matherson 2 hours ago
Chainlink

Chainlink Bullish Trigger: Why $16 Holds The Key To The Next Rally

Sharing his latest outlook, CRYPTOWZRD revealed that Chainlink closed indecisively, suggesting the market is still weighing its next move. According...

Godspower Owie 4 hours ago
Ethereum

Ethereum Forms ‘Pure Cup And Handle’ Pattern After Hitting $3,000, Analysts Set New Targets

Ethereum’s price action in the past seven days has seen it finally touch the $3,000 resistance zone for the first...

Scott Matherson 5 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

Google AI預測2025年山寨幣千倍幣:XRP、Pi幣與Snorter強勢爆發

Mark Mak 1 hour ago

TOKEN6900已募資突破53萬美元 達成硬頂10%

estherw 1 hour ago
Bitcoin

If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says

Christian Encila 1 hour ago

Premium Sponsors

Press Releases

  • e 3 coiny poniżej 1 dolara mogą zamienić 200 dolarów w...

    5 hours ago
  • ミームコインの価格急騰が続く中、注目の仮想通貨プレセールが50万ドルを突破し、次の100倍コインになる可能性がある。

    ...

    11 hours ago
  • 仮想通貨おすすめ|ビットコイン強気派の一休み中に買うべき銘柄

    ...

    11 hours ago
  • 2025年注目の新しい仮想通貨|Solana発 次世代ミームコインが投資家の期待を集める

    2025年注目の新しい仮想通貨|Solana発...

    12 hours ago
  • 2025年7月第2週にクジラが購入した注目のアルトコイン

    ...

    12 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.