BITCOIN PRICE DIPS BELOW K AS GLOBAL STOCKS SLUMP! | Ripple CEO Reacts to XRP Sell-Off

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Popular TV host of the Keiser Report and legendary Bitcoin bull Max Keiser predicts that ‘before’ the 2024 US presidential election BTC will be worth trillions and become the world reserve currency.

Max tweeted: 

“Before 2024 US Presidential election: 

1. BTC worth trillions 

2. BTC – world reserve currency 

3. Countries locked in Hash War

4. Most banks will be gone, replaced with Central Bank ‘crypto’

5. Combined political power of BTC billionaires will dominate policy”

Earlier this year, live on the Alex Jones show, Keiser officially raised his Bitcoin price target for the first time in eight years to $400K per BTC.

“I’m raising my official target for the first time in eight years,” Keiser told Jones in a February 17 video interview. 

“I’m raising it to $400,000.” The BTC maximalist proceeded to argue that it is not too late to get into the revolutionary money of the future, and in fact, it’s just the beginning. 

“So this is your new chance to make the bitcoin phenomenon work for you, Alex Jones.” Keiser clarified that the $400K target is based on the value of gold, and called bitcoin “gold 2.0.” 

Then just last month Max upped his Bitcoin target again sharing, “People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while Bitcoin’s price skyrockets 40-80x.”

So for Bitcoin to 80X at the time of his prediction, this would put the Bitcoin price at about $880,000.

In other trending Bitcoin News today:

“AFTER $17,150 TURNS INTO SUPPORT, BITCOIN COULD SURGE TOWARD $20,000”

Bitcoin has begun to surge higher again after multiple days of consolidation under $16,000. Hours ago, the leading cryptocurrency moved from the $15,900 resistance it was trading near toward $16,500.

Analysts are not yet convinced it’s clear skies for Bitcoin, though. This comes in spite of some sentiment shared that there is no serious technical resistance from here until $20,000.

Crypto-asset analyst Josh Rager recently shared 2 charts.

The chart depicted on the left shows that Bitcoin interacted with three levels on multiple occasions during the rally of late-2017 and early-2018: $16,173, $16,600, and $17,150.

The chart on the right shows that Bitcoin is currently approaching these technical levels. Considering their historical importance, there is a high likelihood they will act as resistance for the cryptocurrency moving forward. As Rager explained:

“Keep an eye on these key Bitcoin price levels (daily/weekly) from the 2017-2018 highs They could likely reject before moving higher But after $17,149, there isn’t a lot standing in the way before $19,000+.”

Analysts say that Bitcoin will soon hit new all-time highs.

Tyler Winklevoss, CEO of Gemini and a Bitcoin billionaire with his twin brother Cameron, recently stated:

“I do think we will see an all-time-high price for Bitcoin before 2020 is over. Even though the price has climbed from 10k to almost 14k in less than a month, it hasn’t really gone on a breakout run yet. When we start to see 3-5k surges then the bulls will be on the run.”

Winklevoss was recently quoted as saying that Bitcoin could hit $500,000 in the years ahead. Such a rally would give the cryptocurrency a higher market capitalization than gold has today.

He thinks that Bitcoin will achieve such a rally due to the immense buying pressure that will take place due to monetary inflation. 

The Winklevoss twin added that the cryptocurrency is fundamentally better than the leading precious metal, which should aid a rally.

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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:

Before 2024 US Presidential election:

1. #BTC worth trillions

2. BTC – world reserve currency 3. Countries locked in Hash War4. Most banks will be gone, replaced with Central Bank ‘crypto’

5. Combined political power of BTC billionaires will dominate policy

— Max Keiser (@maxkeiser) November 13, 2020

$BTCKeep an eye on these key Bitcoin price levels (daily/weekly) from the 2017-2018 highsThey could likely reject before moving higher

But after $17,149, there isn’t a lot standing in the way before $19,000+ pic.twitter.com/8sffFo6byo

— Josh Rager 📈 (@Josh_Rager) November 12, 2020

Bitcoin $20K is imminent. $250K is in range. Long term, $1M has been normalized. $10M is the dream.

But in time you’ll understand, Bitcoin begins at $100M.

— O₿iWan (@ObiWanKenoBit) November 13, 2020

After $17,150 Turns Into Support, Bitcoin Could Surge Toward $20,000

https://cryptopotato.com/warren-buffett-will-see-his-wealth-hyperinflate-while-bitcoin-price-does-40-80x-says-max-keiser/

https://news.bitcoin.com/keiser-bitcoin-price-alex-jones/

https://cointelegraph.com/news/stealth-phase-over-why-wall-street-fomo-will-make-20k-bitcoin-look-cheap

➡️ OPM Wealth: http://opm.cryptonewsalerts.net

With the Bitcoin halving rapidly approaching, the multi-billion-dollar question is just how the historic event will impact BTC price.

One popular Bitcoin price prediction model has a post-halving price in the range of $55,000 to $400,000.

According to the theorist behind the prediction, people have been misinterpreting the model behind the lofty figures presented.

The analyst responsible for them has addressed the confusion, advising folks not to hold their breath for a $50,000+ Bitcoin (BTC) during the three months leading up to the halving.

Apparently some people have interpreted the already extremely bullish BTC price prediction model as even more optimistic than it is though.

Analyst Plan B addresses the misunderstanding in the following tweet:

“Some misunderstandings about S2F model: 1) That it predicts $100k by May2020. No, it predicts $100k May2020-2024 average, like the chart shows 2) Why $100k, it was $55k? Yes, the original model on monthly data (Mar22) says $55k, but a new model on yearly data $100k. Your choice.”

The analyst clarifies that the price mentioned in the original paper (and a higher target of $100,000 worked out using yearly data) is not a pre-halving prediction.

Instead, it refers to the average price we can expect at some point after the event itself.

CHAINLINK (LINK) TO HIT A NEW ALL-TIME HIGH SOON, ANALYST CALLS

Chainlink crypto, a project that joined the crypto market relatively late, is on an expansion again, promising to break its all-time record.

LINK, one of the most active altcoins that has even defied the bear market, is on a fast expansion once again.

The asset has been known for its rapid, significant appreciation boosted by activity on Binance and a strong community.

LINK remains volatile, sinking from its highs by as much as 60%, but expansions are dramatic.

This time, while an altcoin season is not a promise, most assets regain some of their value.

This translates into significant earning opportunities as altcoins move very fast. What is even more curious, LINK made most of its gains during the bear market of 2019, and has repeated price peaks in the past year.

“There is virtually little to no resistance between here and the ATH for $LINK We should see new ATH’s & price discovery next few months – this alt rebound I’m confident will continue with $BTC halving looming in the background and the bull market cycle progressing forward …”

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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:

There is virtually little to no resistance between here and the ATH for $LINK

We should see new ATH’s & price discovery next few months – this alt rebound I’m confident will continue with $BTC halving looming in the background and the bull market cycle progressing forward … https://t.co/EvECsnOR4e

— Satoshi Flipper (@SatoshiFlipper) February 7, 2020

Some misunderstandings about S2F model:1) That it predicts $100k by May2020. No, it predicts $100k May2020-2024 average, like the chart shows

2) Why $100k, it was $55k? Yes, the original model on monthly data (Mar22) says $55k, but a new model on yearly data $100k. Your choice. pic.twitter.com/QkCFepZHpw

— PlanB (@100trillionUSD) February 7, 2020

A Bitcoin Price of $15,000 Will Make BTC Mining Profitable Post Halving

Chainlink (LINK) to Hit a New All-Time High Soon, Analyst Calls

When $100k Bitcoin? Analyst Clarifies Popular BTC Price Prediction Model

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

Analysts predict that the end of the Bitcoin compression cycle will hit within days as BTC price action continues to preserve $9,000 support.

Equities led a somewhat uneventful start to the week’s trading, with major stocks futures slightly down on the day — by a maximum of 0.6% at press time.

Bitcoin likewise had a quiet weekend, with volatility remaining negligible and a narrow trading corridor continuing to characterize price performance.

On Monday, BTC/USD hovered at around $9,180, having hit local highs of $9,226 earlier, its highest since July 15.

As has become standard in recent weeks, coronavirus sentiment and reactions to associated remedial measures from governments and central banks dictate macro action, and Bitcoin remains susceptible to copycat moves.

With calm reigning prior to the opening bell on Wall Street, room for maneuver appeared limited, given the “compression” in BTC/USD over the past several weeks. 

A cycle of higher lows and lower highs, the current compression cycle showed little sign of breaking this month.

However, the status quo is ripe for change — and that should happen this week, say analysts.

“This feels like a little World Cup of sorts. bitcoin could break out on or about the 22nd,” Jason Williams, co-founder of crypto hedge fund Morgan Creek Digital, tweeted on Sunday.

Investors should not treat Bitcoin as a safe-haven “too literally” within the current market, says the CEO of cryptocurrency exchange Binance.

Speaking to Bloomberg on July 20, Changpeng Zhao, known as “CZ” in cryptocurrency circles, cautioned against considering BTC/USD as having a particular relationship to stocks.

“I think people should not take that meaning of “safe haven assets” too literally… there are always multiple factors affecting the price of an asset,” he told the network.

“If you imagine Bitcoin as the same as a float and there’s the Titanic sinking beside it, if there’s a rope tying the float to the Titanic, then the float will sink down with the Titanic, even though the float does have floating properties — it’s just not able to sustain that kind of load.”

In other trending Bitcoin News today:

‘Worthless Coin’ – McAfee Says He Never Believed Bitcoin Would Hit $1M

John McAfee says he never believed Bitcoin would hit $1 million in a recent tweet, backtracking from his previous prediction.

In July 2017, John McAfee said he would “eat his own ****” if Bitcoin does not hit $500,000 within three years.

Today, BTC is hovering at a mere $9,130 and its price must increase by more than 5,376% to meet McAfee’s prediction.

In general, Bitcoin quite clearly got nowhere near $500,000 in the past three years.

Not only that, but McAfee is also seemingly backtracking from his $1 million per BTC prediction.

Last year, McAfee said he is positive Bitcoin goes to $1 million.

He said negativity around the cryptocurrency market was overblown, especially considering Bitcoin was in the mid-$10,000s.

But on July 19, 2020, McAfee said:

“Not going to get out of it. I never believed Bitcoin would hit $1 mil. It’s absurd. It’s an old, tired, worthless coin. I just wanted to eat my **** on TV. Wait for it.”

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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:

John McAfee honored his bet, made three years ago, to bite off his dick if #Bitcoin wasn’t at $500,000

GOOD NEWS: He’s doing well at the hospital and expected to make a full recovery. pic.twitter.com/5ak0jau42u

— Max Keiser (@maxkeiser) July 19, 2020

Not going to get out of it. I never believed Bitcoin would hit $1 mil. It’s absurd. Ir’s an old, tired, worthless coin.I just wanted to eat my dick on TV.

Wait for it.

— John McAfee (@officialmcafee) July 19, 2020

I’ve only made one bet in crypto. $1 mil by the end of 2020. I’ve never lost a bet. I cannot lose. It will be many times more. Wake up and use your head. It was given to you for a purpose.

— John McAfee (@officialmcafee) July 14, 2019

This feels like a little World Cup of sorts. #bitcoin could break out on or about the 22nd.I don’t think I would want to be on the sidelines going into this but low time pref 🧠

Tina and I both agree that #bitcoin volatility could be extraordinary to the upside. @BitcoinTina pic.twitter.com/EWoB0Tv8VW

— Jason Williams 🦍 (@JWilliamsFstmed) July 19, 2020

https://cointelegraph.com/news/bitcoin-price-predictions-by-top-analysts-are-usually-wrong-heres-why

https://cointelegraph.com/news/worthless-coin-mcafee-says-he-never-believed-bitcoin-would-hit-1m

https://cointelegraph.com/news/bitcoin-breakout-on-july-22-5-things-to-watch-for-btc-price-this-week