Bitcoin Has Room To Run, Says Fairlead Strategies' Katie Stockton
4 Articles
4 Articles
Fairlead Strategies Founder Says Bitcoin's Rally Has More Room Than Gold's
Katie Stockton, founder of Fairlead Strategies, said Bitcoin (BTC) has more room to run than gold right now. She pointed to how differently the two assets bottomed out. Stockton joined CNBC's "The Exchange" as BTC extended a sharp recovery. She said the digital asset is no longer oversold but has...
Bitcoin Has Room To Run, Says Fairlead Strategies' Katie Stockton
BitcoinWorld Bitcoin Has Room to Run, Says Fairlead Strategies’ Katie Stockton Bitcoin’s recent rebound may have further to go, according to Katie Stockton, founder and managing partner of Fairlead Strategies. In an interview with CNBC, Stockton noted that while Bitcoin is no longer oversold, it has not yet reached overbought territory, suggesting the current rally could continue. Technical Indicators Point to Continued Upside Stockton, known f…
Bitcoin No Longer Oversold, Says Fairlead Strategies' Katie Stockton
Bitcoin is no longer oversold but there’s still time to buy, according to Fairlead Strategies’ Katie Stockton. Speaking on Tuesday to CNBC, the financial research firm’s managing partner said that Bitcoin cleared its 200-day moving average back in May, meaning that a potential breakout could be coming. Bitcoin started rallying last week on news that the Treasury would at least double the size of its liquidity-support buyback operations. It’s u…
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