Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
In November 2020, McGlone correctly predicted that BTC would scale the $20,000 level for the first time since 2017. He also added that the $20k break would be a stepping stone for the benchmark cryptocurrency to realize a $1 trillion market cap.
While his long-term prediction is that Bitcoin will hit $100,000 by 2025, his near-term forecast is that the cryptocurrency will hit $50k, considering its price performance over recent months.
McGlone asserted that the possibility of Bitcoin hitting $50k in the near-term far outweighs the probability of the cryptocurrency falling to $20,000.
That said, he highlighted that “Bitcoin may be better than gold.” Bitcoin outperformed the yellow metal, considered to be the de facto safe-haven asset, in 2020. While Bitcoin rose by more than 300%, gold rose by a meager 25%.
Meanwhile, Bitcoin recorded a new all-time high of $40,400 earlier today, in an unbelievable 11% rally. That said, the cryptocurrency is now 20% away from McGlone’s prediction.
Key BTC Levels to Watch — January 7
Bitcoin continues on its unrelenting bull run as it breaks yet another crucial price barrier. The cryptocurrency cleared the $40k resistance and touched the $40,400 high. This price increase got followed by a sharp drop to the $36,100 level, or -10%. However, the cryptocurrency has since recovered from this fall and now trades around $38,600 (press time).
It is worth mentioning that BTC is well within overbought conditions on our hourly MACD indicator, and a significant correction could be brewing.
Meanwhile, our key resistance levels are at $39,800, $40,396, and $40,500. While our key support levels are at $37,800, $36,100 and $34,400.
Total Market Capitalization: $1.06 Trillion
Bitcoin Market Capitalization: $732 billion
Bitcoin Dominance: 69%
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus