Frederick & Oliver bullish on Bitcoin and Ethereum outlook
On 29th July, UK Investor Magazine featured Frederick & Oliver’s commentary on the current state of cryptocurrency markets. Frederick & Oliver recently published a report (Available to download via the Research page of the website (Special Report – Bitcoin & Ethereum) highlighting $20,000 as a favourable entry price for Bitcoin and $1,000 for Ethereum.
Since publication in June, Bitcoin has jumped 20% to $24,000 whilst Ethereum has rallied a staggering 77% to $1,770.
UK Investor Magazine – 29th July 2022
“Bitcoin and Ethereum had fallen more than 70%, discounts of this magnitude must be explored regardless of asset class. Major coins had previously registered sizeable rallies following steep declines, we felt this opportunity was too good to pass up”.1
Marc Kimsey, Frederick & Oliver.
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1 – Source: https://ukinvestormagazine.co.uk/frederick-oliver-bullish-on-bitcoin-and-ethereum-outlook/
By Marc Kimsey