Tag: Mark Dow

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Bitcoin Price Dangerously Close to ‘GTFO’ Level: Analyst Mark Dow

Brian Evans - Jan 11, 2019

For most of 2019, bitcoin and the wider cryptocurrency market rode a bullish wave, as a reduction in short-selling allowed prices to creep higher. However, on Thursday…

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Bitcoin ‘Too Scammy, Volatile’ for Mainstream Adoption: Analyst Mark Dow

Brian Evans - Jan 03, 2019

The trader who closed his short position after bitcoin fell 80 percent last year doubts whether the flagship cryptocurrency will ever attain a broader adoption. Bitcoin-Short Trader Bearish…

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Bitcoin Price Watch: Crypto Businesses Suffer as Price Continues to Drop

Brian Evans - Dec 27, 2018

At press time, the father of crypto is trading for just over $3,700. This is a slight ($200) drop from where it stood during our previous price…

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Trader: Crypto Investors Need to ‘GTFO’ if Bitcoin Price Falls Below This Level

Brian Evans - Dec 27, 2018

Mark Dow, a trader who shorted Bitcoin (BTC) from its all-time high at $19,500 to $3,500, said that the dominant cryptocurrency could be in trouble if it…

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Renowned Mainstream Bitcoin Bear Officially Closes his BTC Short

Brian Evans - Dec 19, 2018

Determining whether or not the cryptocurrency market momentum has turned around, is always very difficult. In the case of Bitcoin, the market can easily swing in either…

Bitcoin Price
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The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short

Brian Evans - Dec 19, 2018

A year ago today, Bitcoin peaked at $19,511. Former International Monetary Fund economist and Pharo Senior Risk Trader Mark Dow made an unpopular bet not long thereafter:…