# Crypto Bulls Are Running

Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice.

Canonical HTML: https://www.livetradingnews.com/crypto-bull-is-running
Last modified: 2021-10-08

---

By Paul Ebeling · 2021-10-08
Tags: Shayne Heffernan on Investments, rally, Paul Ebeling, Bitcoin, Crypto, crypto, Bitcoin, Ripple, Ethereum, Knightsbridge Insights, 2021, Dogecoin, Non-Fungible Token, Knightsbridge, NFT, Blockchain, DeFI, GBITS
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#crypto 

[$BTCUSD](https://finance.yahoo.com/quote/BTC-USD?p=BTC-USD) [$ETHUSD](https://finance.yahoo.com/quote/ETH-USD?p=ETH-USD) [$GBITS](https://charts.bogged.finance/0x0Ee32D0F42bA41AF60b61CdCCe13a7E1a552502d)

“*Bitcoin has tested the $50,000 price mark a few times now, and if the positive momentum continues to support the price action, we are looking at a strong weekend for cryptos.*”-- Paul Ebeling

Bitcoin’s price is up Friday morning and has managed to hold above a Key mark at $50,000 as analysts predict cryptocurrencies are going to soar in Q-4 Y 2021.

At the time of writing, bitcoin (BTCUSD) was up 1.2% to trade at $55,224. Ethereum (ETHUSD), the world’s 2nd largest crypto by market cap, was up 0.5% to trade at $3,600.

This comes amid reassuring statements from the US that they will not come down hard on cryptos.

The founder of Zap Protocol, said: “*Bitcoin, ethereum and the broader crypto market are likely to have a ludicrously strong fourth quarter, and I predict we will see new all-time highs across the board by 2022.*"

He said the 2 major cryptos are already approaching their all-time highs and predicts bitcoin will breach the $100,000 mark as early as year-end, while ethereum will hit $10,000 - 12,000.

The market has demonstrated itself to be increasingly resilient to adverse market developments, such as China clamping down on crypto or Tesla's Elon Musk backtracking on his pro-crypto stance.

The CEO and founder of financial advisory organization deVere Group, said: “*I’m confident that if the current momentum in prices continues, we could see the bitcoin price hit to-date unknown highs of $100,000."*

HeffCap's War Room General Shayne Heffernan, PhD, predicted Bitcoin at $100-K many months ago, way ahead of the pack and he sees GBITS at $200.each near term. GBITS is currently trading at $174.71, after marking 197.279 earlier.

As for Ethereum: It is highly likely that the price may test the 4-K price mark, and that may open the way for the price to retest its all-time high, which matters the most.

Have a prosperous day, Keep the Faith!

---

This Markdown mirrors https://www.livetradingnews.com/crypto-bull-is-running. The HTML page is canonical.
Site index for AI clients: https://www.livetradingnews.com/llms.txt
