Top Digital Currency Trader CryptoVisionary One of the World’s Top Digital Currency Traders and founder of The Phoenix Trading Group

Top Digital Currency Trader CryptoVisionary, Predicts a $4,650 Bitcoin Within Three Months

Bitcoin Press Release: Renowned cryptocurrency trader and founder of The Phoenix Trading Group CryptoVisionary has made a bold prediction about the short-term value of Bitcoin.

Top Digital Currency Trader CryptoVisionary One of the World’s Top Digital Currency Traders and founder of The Phoenix Trading Group

Top Digital Currency Trader CryptoVisionary One of the World’s Top Digital Currency Traders and founder of The Phoenix Trading Group, ‘CryptoVisionary’ (can be found on Twitter) has predicted that the price of Bitcoin will exceed $4,650 USD within the next three months. The renowned trader has cited a number of different factors to back up his prediction, including Bitcoin’s value surpassing that of gold, mainstream adoption, and the recent corporate interest in blockchain technology.

One factor that CryptoVisionary cited for his $4,650 Bitcoin prediction is the value of Bitcoin compared to Gold. For a long time, Bitcoin has been called ‘Digital Gold’ and often compared to the valuable mineral as a form of investment. Thursday the 2nd of March 2017 marked the first time in history that the price of one Bitcoin surpassed that of an ounce of gold, as the digital currency surged to an all-time high. On this day, the exchange price for the digital currency (1 BTC) closed at $1,268, while an ounce of gold was $1,233.

Another factor that CryptoVisionary believes has affected the rising price of Bitcoin is the increasing adoption of blockchain technology by banks and governments in 2017. The Japanese and South Korean governments both legalized Bitcoin as a payment method this year, pushing the price ceiling higher in each instance. Also, this year the world’s largest open source blockchain initiative was formed. The Enterprise Ethereum Alliance, (EEA) is an alliance of over 150 organizations from a wide variety of business sectors, including banking, government, technology, government, marketing, insurance and more. Some members of the alliance include JP Morgan, Samsung, and Mastercard. Apart from Bitcoin and Ethereum, there are other altcoin-driven blockchain protocols that have gained the attention of businesses.



Top Digital Currency Trader CryptoVisionary

It’s not just large companies and banks that are investing in digital currencies though, as many individuals around the world are learning about Bitcoin and the digital currency trader believes that we haven’t experienced the end of the bull cycle just yet. CryptoVisionary believes that 2018 will be a year in where we will see more mainstream references to digital currencies as more countries legalize it and more individuals turn to them as a form of investment. It is also worth noting that Russia, Japan, Venezuela, India, and China have all seen a spike in cryptocurrency adoption over the last 12 months. Further, the Russian and Indian finance ministries are presently exploring the possibility of introducing virtual currency regulations which will further drive adoption.

The final factor that may very well be the defining one in Bitcoin’s rise to $4,650 is the long-awaited Bitcoin SegWit activation that happened on August 1, 2017. After much deliberation in the industry, the percentage of votes needed to perform the segregated witness activation was finally reached. It is entirely possible that a $4,650 Bitcoin may be much closer than three months. And, in the next 4 months, the cryptocurrency’s price can potentially touch $7,000.

By the end of July 2017, CryptoVisionary had predicted Bitcoin price to cross $3,300 in under two weeks, which turned out to be spot on, as the price has surged past $3,300 to reach $3,500 within 10 days.

Coin Dance Bitcoin Price and Volume Charts here – https://coin.dance/volume
Find CryptoVisionary111 on Twitter here – https://twitter.com/CryptoEye111
Official Company Website: http://www.phoenixtrading.pro

 

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There will be a lighter news schedule this week, compared to last week which was quite heavy. There is central bank input expected this week from Australia and New Zealand, as well as a few high-impact pieces of economic data, mostly from Canada and the U.S.A. The market is likely to be most active from Wednesday through to Friday. U.S. Dollar It will be a reasonably light week for the greenback after a slow start, beginning on Wednesday, with the release of Crude Oil Inventories. Thursday will see the release of Unemployment Claims numbers. Finally, on Friday we will have Preliminary UoM Consumer Sentiment data. Australian Dollar It will be a busy and important week for the Aussie, starting on Monday with the release of Retail Sales data. Tuesday brings the monthly RBA Rate Statement and Cash Rate. On Thursday, the Governor of the RBA will be making a minor speech, then finally on Friday the RBA Monetary Policy Statement will be released. New Zealand Dollar It will be a busy and important week for the Kiwi following Monday’s public holiday, starting on Tuesday with the release of Inflation Expectations data and the GDT Price Index. Wednesday brings the monthly RBNZ Rate Statement and Official Cash Rate, followed by the usual press conference. On Thursday, the Governor of the RBNZ will be testifying before Parliament. Chinese Yuan Friday will see a release of Trade Balance data. Canadian Dollar It will be a normal week for the Loonie, starting with Tuesday’s release of Trade Balance data, followed by Employment Change and Unemployment Rate numbers on Friday. British Pound It will be a quiet week for the Pound, with nothing of high impact scheduled except Manufacturing Production data on Friday.

Canada Trade Deficit Biggest in 9 Months 

Canada Trade Deficit Biggest in 9 Months

Canada Trade Deficit  Canada’s merchandise trade balance with the world posted a CAD 3.6 billion deficit in June, widening from a CAD 1.4 billion deficit in May. Exports fell 4.3 percent to CAD 46.5 billion in June. This sharp decrease was mainly due to lower exports of unwrought gold and energy products. Imports edged up 0.3 percent to CAD 50.1 billion, led by an increase in gold bullion.

 

Total exports declined 4.3 percent to a CAD 46.5 billion. Metal and non-metallic mineral products (-14.9 percent) and energy products (-9.2 percent) were the largest contributors to the decrease. Sales excluding energy declined 3.4 percent.



Canada Trade Deficit

Exports to the United States fell 4.5 percent to CAD 34.5 billion. In addition, exports to countries other than the United States were also down 4 percent, mainly due to lower exports of unwrought gold to the United Kingdom as well as lower exports of coal to Japan.
Total imports also went up 0.3 percent to a new record high of CAD 50.1 billion. The main positive contributions came from metal ores and non-metallic minerals (39.1 percent); other metal ores and concentrates  (48.8 percent) and aircraft and other transportation equipment and parts (11.7 percent).Imports from the United States fell 0.7 percent to CAD 32.4 billion. Imports from countries other than the United States were up 2.1 percent, led by Brazil (bauxite) and South Korea (passenger cars).

Year-on-year, exports rose 12.4 percent and imports by 10.4 percent.

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



Chinese trade surplus narrowed more than expected in September

Australia’s Trade Surplus Lowest in 6 Months In April

Australia’s Trade Surplus Lowest in 6 Months In April

BUZ INVESTORS  Australia’s Trade Surplus Australia’s trade surplus narrowed 82.5 percent to AUD 0.555 billion in April of 2017 from an upwardly revised AUD 3.169 billion in March. The figure came in below market expectations of AUD 1.95 billion after a cyclone in Queensland sharply reduced exports of coal.

Compared to the prior month, sales of goods and services decreased by 8 percent to AUD 30.59 billion. It is the biggest decline since April of 2015.




Australia’s Trade Surplus

Rural goods fell 2 percent to AUD 4 billion, mainly due to a 6 percent decline in sugar, sugar preparations & honey and a 6 percent decline in cereal grains & cereal preparations.

Exports of non-rural goods (bulk commodities and non-bulk commodities) were down 12 percent to AUD 18.59 billion, driven by a 45 percent drop in coal, coke & briquettes.

Partially offsetting these declines were other non-rurals, including sugar & beverages (+26 percent) and metals excluding non-monetary gold (+7 percent).

Non-monetary gold (gold which is not owned by monetary authorities and can be in the form of bullion, including coins, ingots or bar with a purity at least 995 parts per thousand) tumbled 20 percent to AUD 1.47 billion.

Exports of services went up AUD 156 million, or 2 percent, to AUD 6.42 billion. The main component contributing to the rise was maintainence & repair services (+33 percent).

Imports of goods and services in April edged down 1 percent to AUD 30.04 billion. Imports of non-monetary gold declined the most by 27 percent to AUD 415 million, followed by intermediate and other merchandise goods (-2 percent, driven by a 19 percent fall in fuel & lubricants and a 9 percent fall in other merchandise goods). In contrast, capital goods rose 2 percent, due to purchases of civil aircraft & confidentialised items (+46 percent) and telecommunications equipment (+16 percent).

Imports of services rose AUD 152 million to AUD 6.444 billion. The main component contributing to the rise was “other services” (+3 percent).

Considering January to April 2017, the trade surplus was recorded at AUD 9.5 billion.Like up on FACEBOOK


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China cuts consumption tax on cosmetics to stir growth

US Personal Consumption Rises The Least In 3 Months

US Personal Consumption Rises The Least In 3 Months

BUZ INVESTORS  Personal Consumption Rises  Personal spending in the US edged up 0.1 percent month-over-month in May of 2017, down from a 0.4 percent rise in April and in line with market expectations. It is the smallest gain in three months as spending on durables and nondurables declined. On the other hand, personal income rose 0.4 percent, higher than 0.3 percent in April and above expectations of 0.3 percent. The savings rate increased to 5.5 percent from 5.1 percent.

Consumption rose by USD 7.3 billion, due to a 0.3 percent gain in spending on services (0.3 percent in April). In contrast, spending fell for durables (-0.3 percent from 1 percent) and nondurables (-0.5 percent from 0.5 percent).

Personal income increased 0.4 percent or USD 67.1 billion. It primarily reflected increases in personal dividend income, compensation of employees, and nonfarm proprietors’ income.




Personal Consumption Rises

 

Disposable personal income (DPI) went up 0.5 percent or USD 71.7 billion. Real DPI increased 0.6 percent and real PCE rose 0.1 percent.

The PCE price index went down 0.1 percent after a 0.2 percent rise in April. Excluding food and energy, the PCE price index edged up 0.1 percent, the same as in the previous month.

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Buz Investors Vancouver Sees Major Housing Correction Home sales in Metro Vancouver last month dropped by almost 40 per cent from the year before with the sale of detached houses falling hardest. The Real Estate Board of Greater Vancouver says the townhome and condominium markets are more active than sales for detached homes. Just over 1,500 residential properties sold in January, down 39.5 per cent from about 2,500 sal

US housing starts fall to lowest level in eight months

United States Housing Starts | Data | Chart | Calendar

BUZ INVESTORS US housing starts fall  Housing starts in the United States slumped 5.5 percent from the previous month to a seasonally adjusted annualized rate of 1092 thousand in May of 2017, following a downwardly revised 1156 thousand in the previous month and compared to market expectations of a 4.1 percent rise. It is the weakest construction activity in eight months as starts plunged in the Midwest and the South. Housing Starts in the United States averaged 1437.02 Thousand from 1959 until 2017, reaching an all time high of 2494 Thousand in January of 1972 and a record low of 478 Thousand in April of 2009.




US housing starts fall

US Housing Starts At 8-Month Low

Housing starts in the United States slumped 5.5 percent from the previous month to a seasonally adjusted annualized rate of 1092 thousand in May of 2017, following a downwardly revised 1156 thousand in the previous month and compared to market expectations of a 4.1 percent rise. It is the weakest construction activity in eight months as starts plunged in the Midwest and the South.

Single-family starts, the largest segment of the market declined 3.9 percent to 794 thousand and the volatile multi-family segment shrank 9.8 percent to 284 thousand. Starts slumped in the Midwest (-9.2 percent to 168 thousand) and the South (-8.8 percent to 526 thousand) and were flat in the Northeast at 87 thousand. In contrast, starts rose 1.3 percent to 311 thousand in the West.
Also, building permits dropped 4.9 percent to a seasonally adjusted annualized rate of 1168 thousand from 1228 thousand in April and way below market expectations of 1247 thousand. It is the lowest figure since April last year, as single-family authorizations declined 1.9 percent to 779 thousand and authorizations of units in buildings with five units or more fell 10.1 percent to 358 thousand. Among regions, building permits decreased in the West (-13.1 percent to 293 thousand), the Midwest (-9.4 percent to 174 thousand) and the South (-0.3 percent to 577 thousand) but rose in the Northeast (3.3 percent to 124 thousand).

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BitConnect Coin Outdoes Ethereum  The emerging cryptocurrency created by UK based BitConnect, BitConnect Coin (BCC) has registered a phenomenal growth since its inception six months ago by outperforming

BitConnect Coin Outdoes Ethereum’s Performance for 6 Months That Followed the ICO

BitConnect Coin Outdoes Ethereum’s Performance for 6 Months That Followed the ICO

Cryptocurrency BitConnect Coin has experienced faster growth than this year’s hottest altcoin, Ethereum since it entered the market in early 2017.

BUZ INVESTORS  PRESS RELEASE  BitConnect Coin Outdoes Ethereum  The emerging cryptocurrency created by UK based BitConnect, BitConnect Coin (BCC) has registered a phenomenal growth since its inception six months ago by outperforming the growth of the world’s top altcoin, Ethereum. The new cryptocurrency has witnessed its value increase dramatically since its November 2016 ICO. From the initial market value of $1.84, BCC has reached a price point of over $52.65 by June 10, 2017.

Bitcoin PR Buzz BitConnect Chart June 10





 

BitConnect Coin Outdoes Ethereum

 

Ethereum, after its launch on August 10, 2015, commanded a value of $1.71. Six months later, the value of ether had risen by few dollars to stand at $11.53 by March 28, 2016. A comparison of both the cryptocurrencies shows that BitConnect Coin has achieved a much higher growth rate than most of its counterparts in the recent times – a record 1800% rise in value over last month. During the initial months, BCC’s growth and community consensus drew comparisons to Bitcoin, but more recently, the cryptocurrency has seen a sharp rise in value, which resembles more closely to the most recent rise of Ether.

Bitcoin PR Buzz BitConnect Chart March 28

Although Ether has witnessed a 2000% rise in value since the beginning of 2017, it hasn’t always seen such an impressive growth. In the first six months following Ethereum ICO, the ether token saw a steady rise in value, in tune of around 700%, whereas BitConnect Coin saw a 3000% rise in its value since first hitting the market and over 10,000% increase from its ICO price.

Similar to Bitcoin, the total number of BCC is capped at 28 million units. It is a deflationary currency, with the demand sustaining its present high growth rate. As BitConnect Coin continues to witness continued growth, the trend closely follows the company’s previously announced records in value and market capitalization during Q1 2017.

Unlike many other cryptocurrencies, BitConnect Coin doesn’t require centralized exchange platforms. It can be traded directly between community members, which makes selling and buying the cryptocurrency much easier than some of its competitors.

If BitConnect Coin continues to grow at the current rate, it will quickly turn out to be one of the best cryptocurrency investments of 2017, alongside the likes of Bitcoin, Ethereum, and Ripple.

About BitConnect Coin

BitConnect Coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store and invest their wealth in a non-government controlled currency and even earn a substantial interest on the investment.

Learn more about BitConnect Coin at – https://bitconnectcoin.co/

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Eurozone unemployment rate remained steady in July

UK unemployment rate fell to 4.6 percent in the three months

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United Kingdom Unemployment Rate | Data | Chart | Calendar


source: tradingeconomics.com
BUZ INVESTORS  UK unemployment rate fell  to 4.6 percent in the three months to March 2017 from 4.7 percent in the previous period and below market expectations of 4.7 percent. It was the lowest jobless rate since July of 1975. The employment rate rose to a fresh all-time high of 74.8 percent, as the number of people in work went up by 122 thousand. Meanwhile, excluding the bonuses, pay adjusted for price inflation decreased by 0.2 percent from the previous year, the first decline since the third quarter of 2014. Unemployment Rate in the United Kingdom averaged 7.11 percent from 1971 until 2017, reaching an all time high of 12 percent in February of 1984 and a record low of 3.40 percent in November of 1973.



UK unemployment rate fell 

UK unemployment rate fell to 4.6 percent in the three months to March 2017 from 4.7 percent in the previous period and below market expectations of 4.7 percent. It was the lowest jobless rate since July of 1975. The employment rate rose to a fresh all-time high of 74.8 percent, as the number of people in work went up by 122 thousand. Meanwhile, excluding the bonuses, pay adjusted for price inflation decreased by 0.2 percent from the previous year, the first decline since the third quarter of 2014.

Estimates from the Labour Force Survey show that, between October to December 2016 and January to March 2017, the number of people in work increased, the number of unemployed people fell, and the number of people aged from 16 to 64 not working and not seeking or available to work (economically inactive) also fell.

There were 1.54 million unemployed people (people not in work but seeking and available to work), 53,000 fewer than for October to December 2016 and 152,000 fewer than for a year earlier. The unemployment rate (the proportion of those in work plus those unemployed, that were unemployed) was 4.6%, down from 5.1% for a year earlier and the lowest since 1975.

There were 31.95 million people in work, 122,000 more than for October to December 2016 and 381,000 more than for a year earlier. The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.8%, the highest since comparable records began in 1971.

There were 8.83 million people aged from 16 to 64 who were economically inactive (not working and not seeking or available to work), 40,000 fewer than for October to December 2016 and 82,000 fewer than for a year earlier. The inactivity rate (the proportion of people aged from 16 to 64 who were economically inactive) was 21.5%, down from 21.8% for a year earlier and the joint lowest since comparable records began in 1971.UK unemployment rate fell

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BUZ INVESTORS PRESS RELEASE 1800% Value Increase UK-based cryptocurrency start-up BitConnect has announced an 18x surge in the value of its BitConnect Coin (BCC) c

BitConnect Coin (BCC) Records an Astounding 1800% Value Increase, within 6 Months of ICO

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BUZ INVESTORS PRESS RELEASE 1800% Value Increase UK-based cryptocurrency start-up BitConnect has announced an 18x surge in the value of its BitConnect Coin <span data-recalc-dims=(BCC) c" width="300" height="185" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/05/Bitcoin-PR-Buzz-BitConnect-Coin-BCC.jpg?resize=300%2C185&ssl=1 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/05/Bitcoin-PR-Buzz-BitConnect-Coin-BCC.jpg?w=600&ssl=1 600w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS  PRESS RELEASE   1800% Value Increase  UK-based cryptocurrency start-up BitConnect has announced an 18x surge in the value of its BitConnect Coin (BCC) cryptocurrency. In a span of six months following its ICO in November 2016, BCC has risen from $0.5 to $9 per unit. Following the momentum of Bitcoin, BCC has maintained its upward trend and is projected to continue its growth trend throughout 2017.

Like Bitcoin and other leading cryptocurrencies such as Ethereum Classic, BCC has a fixed monetary supply of 28 million. BCC is a deflationary currency, and because of the limited supply, the price of BCC is expected to rise as long as the demand is met and sustained. However, the continued increase in demand for BCC as the supply remains fixed ensures a constant rise in the cryptocurrency’s value over a long period of time.

Currently, around 6 million BitConnect Coins are in existence with a significantly large investor community, which includes many avid BCC community members from Asian countries. The BitConnect team is witnessing a rapid proliferation of BCC throughout various countries within Asia, and on a long run, they hope to witness a similar trend in rest of the world as well. The team is heavily involved in raising a prolific worldwide BCC community and expects its effort to bear results in the near future.

With a market cap of $49.7 million, BCC is one of the leading cryptocurrencies competing with other innovative altcoins such as Lisk, Ardor, and Iconomi. In fact, the current market cap of BCC is larger than that of Iconomi, which very recently raised over $10.5 million in its first ICO.



1800% Value Increase

>>>TRADE NOW<<<

BCC’s consistency and rapid increase in price have triggered the interests of many investors in the cryptocurrency community over the past few months. An increasing number of traders and investors have begun to enquire about the optimal period for investing in BitConnect Coin.

Based on BCC’s six-month trend, May and June could be the best time possible to invest in Bitcoin for two important reasons: an explosive growth of the cryptocurrency market and the short-term downward trend in BCC.

Although BCC has enjoyed a massive half-year growth since January, the price of BCC fell from April 1 till early May. However, the price of BCC has already started to bounce back, and it is in the process of rebounding to its previous all-time high of $15

About BitConnect Coin

BitConnect is an open source platform for Bitcoin and other cryptocurrency users to earn, learn, buy and sell bitcoins to other trusted community members directly.

Learn more about BitConnect Coin at – http://bitconnect.co/

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Buz Investors Universal Display A company that I have been bullish on since 2014 is Universal Display Corporation (NASDAQ:OLED),

OLED Stock Up 55% In Five Months … with More to Come

Universal Display Is Sizzling Hot

OLED Stock Up 55% In Five Months … with More to Come

which vaulted by 20% to a record high of $82.50 on February 24, 2017 after reporting a strong fourth quarter and receiving multiple upgrades.

In 2014, Universal Display stock was trading at $33.00. My bull thesis was that the company had a great advanced display technology, which was craved by makers of televisions, computers, tablets, and smartphones. As the demand for advanced screens rose, my thinking was that OLED stock could ride the momentum higher.



Other Stories Buz Investors Follow

Universal Display

Universal Display stock is up a sizzling 42% this year and has easily outperformed the S&P 500. The chart of OLED stock shows the upward push that started in October 2016, highlighted by the multi-year breakout at $55.00. That breakout was followed by subsequent breaks at $62.00 and $72.50, powered by an ascending triangle.

A deal with Apple Inc (NASDAQ:AAPL) would make sense, as Universal Display screens are widely known for their brightness, thinness, and energy efficiency. The OLED technology is already used on the Samsung Electronics Co Ltd (NASDAQ: SSNLF)”Galaxy” superphones.

The stock bulls are jumping on the bandwagon following the company’s fourth-quarter numbers. Susquehanna ‎Susquehanna International Group, LLP analyst Mehdi Hosseini increased his price target on OLED shares to $105.00, another 31% price potential from the current level. (Source: “Universal Display Jumps 20%: iPhone X Just the Beginning, Say Bulls,” Barrons, February 24, 2017.)



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