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Widely-followed crypto analyst Michaël van de Poppe is suggesting the bottom is in on Bitcoin, Ethereum, and Vechain, while telling prospective altcoin investors that the best time to buy might be now.
The popular crypto analyst also shares a reminder with the following peak high bull cycle predictions:
âBitcoin to $350,000-450,000
Ethereum to $10,000-17,500
Polkadot to $250-350
Chainlink to $250-350
Cardano to $10-20
Zilliqa to $5-7
Elrond to $500-750
DIA to $50-75
Some might be conservative.â
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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/happy-bearday-bitcoin-it-s-been-3-years-since-btc-bottomed-at-3-1k
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BITCOIN PRICE COULD JUMP TO 0K IN 2 YEARS | BTC Breaking This Key Level Could Send It to The Moon
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Ever since the Bitcoin price shot over 1,000% higher in 2017 to hit $20,000 â a BTC price point that was once seen as relatively unobtainable by even some of the cryptocurrencyâs most dedicated bulls â analysts have been waiting for the asset to âmoonâ once again.
Bitcoin Needs to Break Past Ultimate $14,000 Level
While Bitcoin (BTC) surged as high as $20,000 in 2017, it didnât stay at this level for long, failing to establish any semblance of support in that region. In fact, it closed the month of December at $14,000 â 30% below the all-time high as bulls failed to maintain momentum.
For those not versed in technical analysis, this close meant that $14,000 became the level to cross above on a monthly basis, for a close above this ultimate resistance would suggest a higher high has been established.
A chartist going by âDelboyâ doubled down on this in a recent tweet, remarking that Bitcoinâs long-term chart is showing signs that $14,000 might be key in launching the price of BTC âto the moon.â
Bitcoin has been in a slight pullback for the past few days, having descended from above the psychological $10,000 level.
A crypto trader talks about Bitcoin inflation comparing it to the inflation target set by most central banks and makes a bullish long-term prediction on BTC. âBTC COULD EASILY JUMP TO $200,000 WITHIN 2 YEARS!â
On his Twitter page, trader TheMoonCarl has shared data that after the approaching halving of the major cryptocurrency, the Bitcoin inflation is going to reduce from the current 3.6 percent to 1.8 percent.
As per him, the majority of central banks have set themselves a target to keep inflation at 2 percent, so the BTC inflation is going to be lower.
The trader also states that within two years, the price of Bitcoin could easily hit $200,000.
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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:
The #Bitcoin inflation is now 3.6% & will be 1.8% after the halving.That’s officially lower than the 2% inflation-target adopted by most central banks.This is actually HUGE!
The $BTC price could easily jump to $200,000 within 2 years!
â The Moon (@TheMoonCarl) February 22, 2020
Longs filled on that wick. We either soar to the heavens or we go to Valhalla as heroes. #bitcoin.
â Jacob Canfield (@JacobCanfield) February 21, 2020
Bitcoin Breaking This Key Level Above $10,000 Could Send It to âthe Moonâ
https://u.today/bitcoin-btc-price-could-jump-to-200000-within-two-years
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BITCOIN PRICE MAY RALLY 4,900% AND HIT 0,000 SAYS TOM LEE! | BTC Returns Above K, Here's Why
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Bitcoin Price May Rally 4,900% and Hit Half a Million Dollars, Says Fundstrat Analyst Tom Lee â Hereâs How
The head of research at Fundstrat Global Advisors, Tom Lee, says Bitcoin (BTC) could rise to half a million dollars in the long run.
In a new interview with Nasdaq, Lee says he stands by his view that the BTC price will hit $40,000 before the Dow Jones hits 40,000.
When asked if Bitcoin will hit $500,000, Lee says he believes a 4,900% increase is possible based on the number of users that ultimately join the network.
âI think in the long term itâs possible because today Bitcoinâs transaction activity is twice that of PayPal, 7x the Discover network. Itâs the second-largest transaction network after Visa, and thereâs four billion Visa card holders. So if you get to five million Bitcoin users, itâs almost 100x increase in price.â
As for the timeline for such a meteoric rise, Lee says heâs unsure and doesnât have a crystal ball.
But he does think Bitcoin has a strong use case in the current financial system.
âItâs not like Iâm necessarily critical of how financial systems work, but too much money is paid to intermediaries. Today, roughly 6% of all GDP globally is paid to the financial system to manage trust. Bitcoin has been around for 11 years, has never had a single fraudulent activity on its blockchain with $5 trillion of activity. So it works better than the traditional financial system and the cost is vastly lower. Today, you can transmit a million dollars of Bitcoin between countries for $15. That same transaction using remittance counterparties would cost you 5 to 10% of that â $50,000 to $100,000.â
BITCOIN PRICE RETURNS ABOVE $10K, HEREâS WHY:
Bitcoinâs recent golden cross on the daily chart may have driven bullish enthusiasm for the leading crypto to reach a tipping point.
With the upcoming halving, many investors are buying up sub 10K BTC in preparation of the supply-side shock.
Many crypto analysts have predicted when we will never see BTC price under 10K again, but with the golden cross, it may actually be the final catalyst to push Bitcoinâs price into 5 figures permanently.
Bitcoin is often referred to as a deflationary currency due to itâs ever decreasing emission schedule of new coins.
Eventually the economic law of supply and demand will have its impact on Bitcoinâs existing supply, and its decreased production of new coins, causing a rise in prices overall.
As BTC rises in price, we can expect Altseason to really kick into overdrive, due to their heavy correlation with Bitcoinâs price.
We have already witnessed many traders diversifying into alts as BTC dominance has dropped over the last few weeks, dramatically.
Many altcoins have already been outperforming Bitcoin so far this year, acting as leading indicators for the largest market cap coin.
Smart money has been silently taking positions in both Bitcoin and Alts, while prices were down during the crypto winter.
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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://www.nasdaq.com/videos/marketbrief%3A-the-bull-case-for-bitcoin
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BTC Halving 2020 | Two Years of Upside? Bitcoin Yearly Candles Hint Explosive Price Growth Incoming
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http://trade.cryptonewsalerts.netWith the next BTC halving 2020 event just 5 months out, the Bitcoin price might be a long way off its 2019 high of almost $14,000 but this year has still seen the BTC price gain 94%.
The year opened with the leading cryptocurrency trading at just below $3,800, considerably less than its current price of around $7,300.
Although yearly price data is clearly limited, if previous years are anything to go by Bitcoin (BTC) looks set to post two more years of gains.
There seems a pattern emerging that sees a year of decline follow three years of upside.
Some traders and market analysts believe that the next halving will result in another parabolic run up in Bitcoin prices, like those seen in 2017 and 2013.
PlanB argues that the reduction of new Bitcoin regularly hitting the market will eventually see the price rise to around $55,000 per Bitcoin.
The analyst makes no prediction as to when this will occur. However, given that the stock-to-flow theory of Bitcoinâs value centers around the halving events every four years, if PlanBâs prediction comes true, we will see a $55,000 Bitcoin at some point within the four years following May 2020.
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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.
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