Ivan on his morning show says Bitcoin is running for $50.000 which is the Fibonacci level after setting a new all time high and the next level is $62.500 if we break it.
Ivan says he expects a bit of a pull back if Ethereum goes all the way to $2.000 because people will take profits but believes it will continue to the upside after weak hands has been removed (2:20).
Morgan Stanley’s $150 billion Counterpoint Global investment unit considering investing in bitcoin according to a report by Bloomberg is a very big news for Crypto adoption says Ivan (07:26).
He also recalled Insurance giant Massachusetts Mutual had invested a $100 million in Bitcoin back in December and hope this paves the way for more insurance companies and financial institutions to adopt cryptocurrencies (08:08).
This episode premiered on February 14th, 2021
