100x-200x GROWTH COMING TO BITCOIN / CRYPTO MARKETS, SAYS MACRO GURU – HERE’S HIS TIMELINE!!

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Crypto analyst and influencer Alex Saunders says he believes Bitcoin is heading toward the $1 million mark, but the journey will take a while.

In a new interview with Stansberry Research, Saunders says BTC is on track to shatter $100,000 in the next five years.

After that, he believes Bitcoin will set its sights on $1 million, and the outcome will depend on how governments decide to deal with the the leading cryptocurrency.

“I honestly think now, if you look at the market cap and you look at the trillions of dollars that are being printed by the month these days, I definitely think we’re going to hit $100,000 in the next five years.

And then it becomes about how governments and central banks react. Are they really going to go hard and try and shut this down or are they going to have to leave it there as a sort of neutral open competitor that’s going to make them more fiscally and financially responsible. 

Depending on how that plays out, I think we can get to $1 million in the next 10 or 20 years simply because it is going to grow to compete with gold and forex and just capture anything that’s previously been a store of value. Why wouldn’t you now park that in Bitcoin?”

Saunders says he doesn’t see BTC as a tool to get rich quick, and notes that people often invest in assets too late, after their parabolic rallies are well under way.

As for the altcoin market outside of Bitcoin, Saunders predicts the vast majority of crypto assets will fail, but there are a handful of promising protocols that will survive.

“We’re very much focused on, out of these 10,000 different coins, 99% of them are going to fail just like the dot-com bubble. But we very much think there’s a handful, a few dozen and those are the ones that we’ve invested in, that we believe are promising…

In some ways, [altcoin detractors are] right in that Bitcoin is the king of the currencies and everything else in that realm is a distraction. But these days, it’s kind of expanded out to be a digital asset class, and [rejecting altcoins is] kind of like saying when the internet was invented that there’s only going to be one internet company or one internet stock.

So I definitely think we’re seeing a number of companies that are disrupting a number of industries in the field that are catching on already. Ernst & Young are using Ethereum (ETH). [So is] Microsoft… The biggest companies in the world are using protocols like Ethereum, so they are gaining traction.”

In other trending Bitcoin News today:

“NEXT CYCLE ALL-TIME HIGH FOR ETHEREUM $10K-$20K”

Ether (ETH) returned to $500 for the first time in more than two years on Nov. 20 as altcoins slowly staged a comeback from poor performance.

Despite being capped at roughly 6% daily gains at press time, Ether’s achievement delighted traders, who noted that overall in 2020, the largest altcoin has outperformed even Bitcoin (BTC).

Year-to-date returns stand at 284% for Ether and 155% for Bitcoin.

Versus the pit of its price lows in mid March, just after the coronavirus-induced cross-asset crash, Bitcoin was still the strongest player. At the time, ETH/USD traded at just $117, making Friday’s levels an increase of 327%, while BTC/USD gained 411% from $3,600 to $18,420.

Earlier, Cointelegraph Markets analyst Michaël van de Poppe argued that a new “altseason” would need to wait, but that a realistic top for Ether’s next bull run could be as high as $20,000.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Next cycle ATH for $ETH probably between $10,000-20,000.

— Michaël van de Poppe (@CryptoMichNL) November 18, 2020

https://dailyhodl.com/2020/11/17/crypto-strategist-predicts-bitcoin-will-reach-1-million-if-governments-dont-interfere-heres-how-long-it-could-take/

https://cointelegraph.com/news/ethereum-hits-500-for-the-first-time-since-june-2018-outperforming-bitcoin-ytd

https://cointelegraph.com/news/rapper-logic-invests-6m-in-bitcoin-as-latest-celebrity-to-catch-crypto-bug

https://cointelegraph.com/news/corporate-bitcoin-frenzy-companies-now-hold-15-3-billion-in-btc

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A popular on-chain analyst believes that a Bitcoin rally is in the cards as BTC faces the possibility of a supply squeeze. Will Clemente says that a Bitcoin supply shock could ignite a significant BTC rise.

“Hang in there guys. This thing is going to pop soon.

Supply shock still in play this week.”

Clemente’s bullish stance on BTC comes as he sees on-chain signals pointing to the rise of Bitcoin adoption around the world.

“Extremely bullish on global Bitcoin adoption.

Blue: Supply held by entities with .01-1 BTC.

Green: Net user growth on the network.

All-time highs in new users. Hockey stick up in accumulation from small entities.”

In other trending Bitcoin News today: Former Heavyweight Boxing Champion Mike Tyson Asks Fans if They Prefer Bitcoin or Ethereum!

On Saturday, former heavyweight boxing champion, Mike Tyson, asked his 5.6 million followers on Twitter which crypto asset they prefer: bitcoin or ethereum. Tyson is no stranger to the world of crypto and just recently stepped into the realm of non-fungible token (NFT) collectibles.

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

Which do you prefer, BTC or ETH?

— Mike Tyson (@MikeTyson) July 17, 2021

https://news.bitcoin.com/former-heavyweight-boxing-champion-mike-tyson-asks-fans-if-they-prefer-bitcoin-or-ethereum/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

https://cointelegraph.com/news/crypto-experts-see-bitcoin-replacing-fiat-money-in-20-years

https://cointelegraph.com/news/bitcoin-mining-difficulty-drops-for-fourth-time-in-a-row

➡️ 5 *MORE* COINS TO $5 MILLION: http://5coins.cryptonewsalerts.net

Teeka Tiwari just released his latest video today entitled ‘The 1,000,000% Trade’ leading into his ‘5 Coins to $5 Million’: THE FINAL 5 live Cryptocurrency event scheduled to take place tomorrow, March 18th @ 8PM ET.

“FIVE Tiny Cryptocurrencies That Could Turn $500 Into $5 Million… Thanks To A Crypto Market Phenomenon Guaranteed To Hit In Roughly 50 Days”

This Could Be The Biggest Millionaire-Making Event In Human History (It’s NOT The Bitcoin Halving) For the past six months, Teeka Tiwari – the independently ranked #1 most trusted person in crypto – has been on a world tour, investigating a rare crypto market phenomenon…

100% guaranteed to happen only once every four years. (It’s not the halving. The answer may surprise you.)

Over 100 billionaires and wealthy investors are in a buying frenzy right now, preparing for this phenomenon.

The last time it occurred in 2016 (we won’t see it again until 2024), you could’ve turned $500 into as much as $5 million – in 10 months.

During this landmark online training event, Teeka will fly you to the hidden-in-plain-sight epicenter of this phenomenon… so you can see with your own eyes: It’s real.

It’s 100% guaranteed to hit in roughly 50 days. And it could be bigger than any other phenomenon before.

Billionaire Tim Draper Says Bitcoin (BTC) and Decentralization Can Transform Trillion-Dollar Industries

Legendary investor and tech venture capitalist Tim Draper says he expects Bitcoin (BTC) and various protocols leveraging decentralization to transform multiple industries – not just finance.

The paradigm shift will be comparable to how the internet revolutionized communications, shaped e-commerce and affected global partnerships.

Says Tim Draper, “Now, there is the decentralization and that is transforming currency right now with Bitcoin…but it is also converging with another technology that is also going to have a big impact – which is artificial intelligence.

Those technologies now have the ability to transform the biggest industries in the world. It is not just currency.

It is banking and finance, insurance, real estate, healthcare, government.

All those industries all in the trillions of dollars, they are hugely valuable, have the potential to be transformed by these new technologies.”

To provide a concrete example, Draper says he can build a “very efficient and effective insurance company” by utilizing Bitcoin, AI and blockchain.

“For example, I could start an insurance company with an actuary, AI to determine fraud, and then a smart contract with Bitcoin and put it all on the blockchain.”

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Trezor: ► http://trezor.cryptonewsalerts.net

Ledger: ► http://ledger.cryptonewsalerts.net

DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://twitter.com/PeterLBrandt/status/1239531228929200128/photo/1

https://u.today/bitcoin-btc-gold-xau-nothing-is-safe-during-pandemic-according-to-peter-brandt