561: BITCOIN WILL SHATTER $300K THIS CYCLE, SAYS TOP TRADER!! ALTCOINS CAN SURGE 27,000% HIGHER IN 2021!!

➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net

RT host of the Keiser Report, BTC pioneer Max Keiser shared his latest Bitcoin prediction on Crypto Twitter in the following recent tweet:

“We’re in a post nation-state, post sovereign currency as entire world becomes obsessed with Bitcoin. PREDICTION: Millions of people around the world will logically buy BTC instead of paying taxes. Governments will be powerless to stop this.”

When it comes to an actual BTC price prediction, Max also shared the following:

“Just to be clear, the risk of buying Bitcoin today HAS NEVER BEEN LOWER and the upside is still huge, like 80x. This is why institutions are pouring in now. The risk has never been lower.”

For BTC to 80x from the time of his bullish prediction, would put the Bitcoin price at about $1.4 million per BTC.

In other trending Bitcoin News today:

Macro Guru Raoul Pal Reports Game-Changing Crush of Institutional Money Pouring Into Bitcoin, Updates BTC Price Prediction

Former Goldman Sachs fund manager and current Real Vision CEO Raoul Pal says he’s witnessing an unprecedented crush of institutional money buying Bitcoin.

In a new interview with CT’s Giovanni Pigni, Pal says BTC’s return to near $20,000 levels is just the beginning.

“From what I know, and I know a lot of people in the industry, they are all onboarding institutional clients, family offices, endowments, at an enormous pace. But $20,000 here is not the same as $20,000 back then [in 2017]. Back then it had gone up 100 fold when it got up to $20,000, we haven’t even started this yet.

Later on, when things get speculative, we will see something similar potentially play out. But the difference is, where these guys are getting it wrong, is they’re saying, ‘People aren’t as interested.’ Ya, but the real money is interested and that’s a game changer.”

Pal says Bitcoin is one of the most unique trades he’s ever seen, and the top cryptocurrency will likely benefit in the months ahead regardless of which direction the global economy takes.

“Regardless of what’s going on, that money is coming. Let’s look at the reasons. I have a feeling the vaccine takes until Q3 next year before it’s really rolled out. We look at the European economy, it is falling fast. I don’t know how they’re going to deal with Christmas and the New Year. The US economy has got the same problems. 

I think it goes into lockdown in January and February once the Biden administration comes in because the virus over Thanksgiving, New Year, and Christmas is going to grow substantially. I think we’ve got problems in India after Divali, where you’ve got hundreds of millions of people together celebrating and I think we’re going to get a big second wave in India.”

Pal is updating his prediction for the current Bitcoin cycle. He says $150,000 is likely on the low-end, but he believes PlanB’s controversial estimates in the upper $250,000 range may end up being too conservative.

“If I was to be conservative, I’d say $150,000. If I’m to be realistic knowing what I know about the flow of funds, I have a feeling that PlanB’s model is going to underprice the upside. I know everybody thinks on this cycle the price will be lower. I just don’t see it because of the amount of money coming into the space. 

I actually have a feeling it might be above his target of about $250,000 but I don’t know. But I like that optionality. Worst case $150,000, best case north of $250,000. I mean, find me another trade in the world that looks like this.”

Pal, who is a longtime crypto investor, says he can afford to take a big risk on Bitcoin and now has about 75% of his liquid net worth in BTC.

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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:

Ok, last bomb – I have a sell order in tomorrow to sell all my gold and to scale in to buy BTC and ETH (80/20). I dont own anything else (except some bond calls and some $’s). 98% of my liquid net worth. See, you can’t categorize me except #irresponsiblylong Good night all.

— Raoul Pal (@RaoulGMI) November 30, 2020

We’re in a post nation-state, post sovereign currency as entire world becomes obsessed with #Bitcoin PREDICTION: Millions of people around the world will logically buy BTC instead of paying taxes.

Governments will be powerless to stop this.

— Max Keiser (@maxkeiser) November 29, 2020

https://cointelegraph.com/news/record-gold-outflow-isn-t-going-into-ripples-only-bitcoin-says-fund-manager

💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts

Michael Saylor , CEO of Microstrategy ($MSTR) predicts Bitcoin will continue appreciating in value to the point where BTC becomes a “stabilizing influence” for the entire global financial system. He predicted, in a bold call, that Bitcoin’s market value will skyrocket to $100 trillion.

“There’s a $500 trillion monetary planet and the outer layer is currency, then you’ve got stocks, bonds, real estate. There’s $10 trillion worth of gold in there, $1 trillion of bitcoin in there. Bitcoin is going to flip gold, and it’s going to subsume the entire gold market cap.

Then it’s going to subsume negative-yielding sovereign debt and other monetary indexes until it grows to $100 trillion. Once it gets to $10 trillion, its volatility will be dramatically less,” Saylor said. “As it marches toward $100 trillion, you’re going to see the growth rates fall, the volatility fall, and it’s going to be a stabilizing influence in the entire financial system of the 21st century.”

In other trending Bitcoin News today: Looming Bitcoin Supply Squeeze Could Trigger New Bull Cycle, According to Crypto Analytics Firm Glassnode!

Certain Bitcoin ownership metrics indicate that Bitcoin (BTC) could be teeing up for a bullish market cycle, according to the blockchain analytics platform Glassnode.

“On an absolute coin volume basis, LTHs currently own the most coins in history, hitting 12.97M BTC this week.

Peaks in LTH-owned supply typically correlate with late-stage bear markets which are historically followed by a supply squeeze and initiation of cyclical bull runs.”

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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://www.cnbc.com/2021/02/23/microstrategy-ceo-michael-saylor-sees-bitcoin-100-trillion-market-value-one-day.html

https://cointelegraph.com/news/skybridge-raises-100m-for-algorand-fund-and-files-for-crypto-company-etf

https://cointelegraph.com/news/btc-holds-48k-as-evergrande-forms-lehman-brothers-moment-for-china

➡️ Tap into OPM (Other People’s Money): http://opm.cryptonewsalerts.net

In an interview with Altcoin Daily, Binance founder, and CEO, Changpeng Zhao (CZ) answered true to Bitcoin reaching a $1 million valuation one day.

However, considering that the BTC price prediction came from a quickfire, true, or false segment at the end of the interview, it would be wise to take this valuation with skepticism.

Of more significant concern was CZ’s view on the long term outlook for the market leader.

Contrary to his million-dollar price prediction, he believes a bigger and better alternative will replace Bitcoin at some point.

The interview covered a wide range of topics, including cryptocurrency as a hedge against traditional finance, Bitcoin maximalism, and the role of DeFi in taking the space forward.

But of interest was CZ’s opinion on the long term future of Bitcoin, especially when taking into account the antiquated nature of its core technology, and the limitations of updating it as a live blockchain.

“To be honest, I think Bitcoin’s dominance over time will decrease, not increase. It may increase in the short term… there’s a lot of innovations people do that people can bring back to Bitcoin, like second layer solutions etc. But when the technology is out already and adopted for ten years, there’s relatively limited scope that you can update it.”

CZ expanded on this by saying sooner or later, every technology eventually gets replaced by something better.

He drew on examples such as dated programming languages, and once-dominant hardware and software firms losing ground to more innovative rivals.

“nothing lasts forever… so things change… if we look at 10, 15, 20 years later, I think it’s totally conceivable that something new will replace Bitcoin, and something better than Bitcoin.”

However, he was keen to state that Bitcoin will still be around, simply because going back to fiat is an unlikely alternative.

But he remains adamant that another, more current product will usurp the market leader down the line.

“But if you ask 20 years from now is it still going to be king? A hundred years from now, a thousand years from now, and the answer is obviously we’re not sure, things just change over time.”

Bitcoin has considerable influence on the rest of the other markets.

If CZ’s prediction plays out, what then for the future of cryptocurrency as a whole?

Zhao dealt with this by saying a decoupling of this effect will occur, but this will happen over a long period. “within the next six months, if Bitcoin went to zero that would be true, everything else will be hit really really bad. But if you look at a five year, ten year horizon… I don’t think cryptocurrencies will be gone.

However, as the most decentralized and censorship-resistant, Bitcoin will retain its place in the short to medium term.

In other trending Bitcoin News today:

TOP FUND MANAGER EXPLAINS WHY BITCOIN WILL UNDERGO “EXPLOSIVE” RALLY

According to the chief investment officer of Hayman Capital Management, Kyle Bass, Bitcoin will soon rally alongside the two top precious metals:

“Silver, Gold, Bitcoin, etc all look to be ready to make explosive moves higher given the sheer amount of money printing going on around the world. Here is a chart or front-month silver going back 10 years.”

Bass is a prominent investor who called the Great Recession in 2008.

He has also been critical of China and the central bank money-printing efforts that have gone on over the past decade.

In late 2019, he said that what will also fuel a rally in the price of Bitcoin is people in Asia, especially in China, trying to siphon funds out of the sometimes closed economy there.

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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:

Binance CEO Believes Bitcoin is Going to $1 Million, But With a Twist

Top Fund Manager Explains Why Bitcoin Will Undergo “Explosive” Rally