$60K BITCOIN IS NOW MORE LIKELY THAN $20K – HERE’S WHY!!!!!

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Jack Dorsey of Twitter and Square Crypto is working to solve the Bitcoin scalability problem.

A multi-trillion-dollar market cap could be at stake. 

Tim Draper has not backed off his Bitcoin prediction that the BTC price will skyrocket to $250,000 in 2023.

The venture capitalist who invested in Skype, Tesla, and SpaceX believes that key improvements happening on the Bitcoin network will catalyze the surge in valuation.

Developments such as the Open Node and Lightning Network are helping Bitcoin’s cause.

Nevertheless, Draper believes that more engineering needs to be done so that the number one Crypto can become a widely-used currency.

Fortunately, Jack Dorsey is hard at work to help create the infrastructure so that Bitcoin (BTC) can become the “native currency” of the internet.

Draper believes that the Bitcoin price can get to $250,000 if people start using it for day-to-day payments.

Currently, the top cryptocurrency is having a huge problem with scaling.

It can only process seven transactions per second.

This means when buying coffee, it will get cold before the merchant receives payment.

The good news is that Twitter and Square CEO Jack Dorsey is developing solutions to supercharge Bitcoin’s throughput.

Earlier this month, Square Crypto announced that its team is developing a Lightning Development Kit (LDK).

Bitcoin Price Indicator That Called 2019 Bull Run Flashes Green Again Leading the positive signs is a useful but somewhat forgotten indicator dubbed the Guppy.

This is a collection of exponential moving averages which has flashed green on the daily chart for the first time in around 300 days.

The interval is significant – the last flip from red to green for Guppy was on April 9, 2019, coinciding with Bitcoin’s rapid rise to highs of $13,800. 

Before that, Guppy also turned bullish on Jan. 14, 2018, when Bitcoin briefly rose above $9,000 on the way down from the all-time high a month earlier.

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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:

$BTC #BITCOINNice breakthrough of $8,600 level and we’re back in the range. This means that the $8,000-8,100 level has now flipped as support.

Eyeing to see a retest of $8,500. Holding that and we can aim for $8,900. pic.twitter.com/bQKyGYSzNy

— Crypto Michaël (@CryptoMichNL) January 27, 2020

In a world with 10,000 crypto currencies, bitcoin simply..refuses..to die.Maybe its unique combination of technical and ‘belief’ networks endows it with some durable value.

How much? We slice it three ways and a $1T is not off the mark. pic.twitter.com/i99grrbWZn

— James Wang (@jwangARK) January 16, 2020

.@jack‘s Square wins patent for fiat-to-crypto payments network

+ Tech will allow sending party to pay in any currency while allowing recipient to convert payment into their currency of choice https://t.co/FwNy3xNpDj

— Messari (@MessariCrypto) January 22, 2020

https://cointelegraph.com/news/bitcoin-price-indicator-that-called-2019-bull-run-flashes-green-again

https://www.ccn.com/will-jack-dorsey-help-propel-bitcoin-to-250000/

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ARK Invest CEO Cathie Wood says that institutional investors and emerging markets can send the Bitcoin price surging to $760,000.

“That use case alone will add, I believe, the number is $200,000, if it were adopted fully throughout the emerging markets [excluding] China. That would account for $100,000 to $200,000.

If institutions were to allocate 5% of their portfolios globally [excluding] China, that use case alone would be $500,000 in addition to the $60,000 dollars in Bitcoin’s price.”

In other trending Bitcoin News today: Crypto Analyst Says Bitcoin and Altcoins Gearing Up for Massive Moves This Month!

One particular metric indicates altcoins could be primed for “massive moves,” according to pseudonymous crypto analyst TechDev.

“Total altcoin market cap also looks to be in a 2-week RSI channel its entire history. Seems to be following the pattern of 2 taps on top line, followed by a 3rd marking the altcoin market peak. Massive alt moves ahead.”

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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:

https://cointelegraph.com/news/marathon-digital-stock-reaches-6-year-high-as-company-hodls-460m-bitcoin

https://cointelegraph.com/news/bitcoin-retests-support-with-trader-forecasting-55k-btc-price-dip

💰 Crypto’s Next $1 Trillion Coin: http://teeka.cryptonewsalerts.net

Alani Nicole, “La La” Anthony, a famous American TV personality, is into Bitcoin and expects the flagship cryptocurrency to take over USD in the future.

La La Anthony invested 2-3% of her net worth in crypto when Bitcoin was at ~$15k. She believes bitcoin is “the new gold” and thinks the price will hit $150,000 to $200,000 per BTC.

In other trending Bitcoin News today:

Entire Crypto Market About To Double in Size According to Macro Guru Raoul Pal – Here’s When

“The market cap of the entire digital asset space feels like the break of $1.8trn is kind of a big deal. The chart pattern suggests acceleration lies ahead on that break. My guess is the whole space doubles in next 2 to 3 months. Let see!”

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🔥 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:

🟠New dot .. 6th month up in a row .. like clockwork🚀March close $58,782Feb close $45,240Jan close $33,141Dec close $28,992Nov close $19,700Oct close $13,816

Sep close $10,778 pic.twitter.com/Kox6kpdEKk

— PlanB (@100trillionUSD) April 1, 2021

https://u.today/us-television-celebrity-la-la-anthony-owns-bitcoin-expects-it-to-hit-200000

https://cointelegraph.com/news/bitcoin-closes-six-monthly-green-candles-for-the-first-time-since-2013

https://cointelegraph.com/news/april-bulls-day-bitcoin-just-closed-its-best-march-and-q1-since-2013