đ° Get FREE $100 In Bitcoin When You Open Tax-Free IRA Crypto Account With iTrust Capital: http://itrust.cryptonewsalerts.net
Popular crypto analyst and trader Kevin Svenson is saying that Bitcoin is due for a steep rally to the six-figure level as BTC follows a widely-known pattern in the equities market.
âGeorge Lindsay says the basement is essentially a bear trap⊠So it would actually be a good bear trap if we did actually continue with a move up to the first floor and that would mean over the next month or two, we would expect a move back up toward the $50,000 to $60,000 to form our first floor. And this could potentially lead us to into a final mania phase all the way up to the $200,000 level.â
In other trending Bitcoin News today: Adoption And Scarcity To Fuel A Bitcoin Run To $100K!
Despite having fallen by nearly 30% since its November all-time high, Bitcoin is in a consolidating bull market and on its way to $100,000, according to a Bloomberg Intelligence report. The paper said it is unlikely that BTCâs bull run has come to a halt and predicts the fixed supply to sustain increasing prices.
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
Crypto Bull Cathie Wood Says Ethereum Is More Undervalued Than Bitcoin
https://bitcoinmagazine.com/business/bitcoin-to-hit-100000-in-2022-bloomberg-report
You Might also like
-
GOLDMAN SACHS IS NOW OFFERING BITCOIN DERIVATIVES!! METEORIC $150K ETHEREUM PRICE PREDICTION!!
đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives.
In other trending Bitcoin News today: $150K Ethereum Price Prediction By 2023!Â
Nikhil Shamapant, a retail investor and medical resident, recently published a research report titled âEthereum, The Triple Halvingâ in which he presented arguments for why he thinks ETH could see a meteoric rise in value to around $150,000 by 2023.
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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://cointelegraph.com/news/they-see-eth-rollin-why-did-ether-price-reach-3-5k-and-what-s-next
https://cointelegraph.com/news/goldman-sachs-is-now-offering-bitcoin-derivatives
Post Views: 105 -
BITCOIN HITTING 0K BY DECEMBER IS NOW âCONSERVATIVEâ SAYS TOP CRYPTO ANALYST WILLY WOO!!
âĄïž Leverage OPM (Other Peopleâs Money): http://opm.cryptonewsalerts.net
Bitcoin hitting $300,000 per BTC in just one yearâs time is ânot out of the question,â popular statistician Willy Woo says.
In a series of tweets on Dec. 1, Woo stated that he has ânever been so bullishâ on Bitcoinâs prospects for 2021.
Discussing potential Bitcoin price trajectory, he confirmed that he was looking at six figures by December next year.
âMy Top Model suggesting $200K per BTC by end of 2021 looks conservative, $300K not out of the question,â one post read.
âThe current market on average paid $7456 for their coins. You all are geniuses.â
Woo used his technical Top Cap metric to deliver the forecast. Despite being what his analytics website Woobull calls âexperimental,â Top Cap has accurately matched price tops in the past.
Continuing, he eyed the decreasing amount of BTC held on spot exchanges as a sign that bullish price action would be catalyzed in the coming twelve months.
âIâve never been so bullish for 2021,â he wrote.
âThis re-accumulation phase coincides with spot market inventory depletion roughly 2x longer and deeper than the last cycle. It will send BTC.â
Lastly, the dollar gain in Bitcoinâs market cap for each dollar invested this cycle has outpaced the 2013 and 2017 bull runs.
âAll pointing to reflexivity increasing; an amplified 2021 bullish feedback loop,â Woo concluded.
Is anyone bearish on 2021?
As Cointelegraph reported, Woo is far from alone in his optimistic outlook for post-2020 Bitcoin.
Sky-high price predictions have come thick and fast over the course of the past two months, with quant analyst PlanBâs $100,000 December 2021 estimate now looking decidedly modest.
Beyond technical circles, familiar figures such as serial investor Mike Novogratz have begun taking price predictions to the mainstream. In the case of Novogratz, he told actress Maisie Williams last month that BTC/USD would head to $20,000 and then to $65,000. Williams subsequently invested.
This week, meanwhile, a giant $590,000 price forecast came courtesy of the Realized Profit/ Loss metric, which has returned to its classic bull run launch position.
In other trending Bitcoin News today:
Bitcoin Moves $500K Around The Globe Every Second, Says Samson Mow
Samson Mow, chief strategy officer at Blockstream, says Bitcoin was never about âtransactions per second and coffee,â but about value and a ânew financial paradigm.â
Blockstreamâs Samson Mow wants to move the conversation away from Bitcoinâs (BTC) performance in transactions per second and toward its role in ushering in âa new financial paradigm,â that is, serving as a permissionless medium for the store and transfer of value.
âBitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. Itâs all about value transacted per second and a new financial paradigm. VTPS not TPS. Nothing comes close to BTCâ
Mowâs argument is that âVPTS [value transacted per second] not TPS [transaction per second]â is what really counts. Calculations for the video were reportedly made using on-chain data by the editor of the Blockstream engineering blog, who goes by âGrublesâ on Twitter.Â
The editor similarly tweeted that âBitcoin scales just fine. 1 BTC can store an infinite amount of value.â
The video, according to a follow-up tweet from Mow, âwas inspired by a stupid XRP marketing video comparing their sh*tcoinâs TPS [transaction per second] to Bitcoinâs.â
Blockchain.com data shows that as of Dec. 1, the total estimated value of transactions on the Bitcoin blockchain was estimated at $4.627 billion. This figure hit $5.15 billion, close to its all-time-high, on Nov. 5.
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
Views on 2021 (THREAD):My Top Model suggesting $200k per BTC by end of 2021 looks conservative, $300k not out of the question.
The current market on average paid $7456 for their coins. You all are geniuses. pic.twitter.com/5t1pHXwE0b
â Willy Woo (@woonomic) December 1, 2020
#Bitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It’s all about value transacted per second and a new financial paradigm. #VTPS not #TPS. Nothing comes close to @BTC. đ pic.twitter.com/aXfDauPx9b
â Samson Mow (@Excellion) December 2, 2020
https://cointelegraph.com/news/why-one-analyst-says-bitcoin-is-on-the-cusp-of-busting-through-20k
https://cointelegraph.com/news/bitcoin-moves-500k-around-the-globe-every-second-says-samson-mow
https://cointelegraph.com/news/bitcoin-hitting-200k-by-december-2021-is-now-conservative-willy-woo
Post Views: 155 -
BITCOIN BREAKOUT ON JULY 22ND? 5 Things to Watch for BTC Price This Week | McAfee #post_titleM Bet Honored?
âĄïž Tap into OPM (Other Peopleâs 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 weekâs trading, with major stocks futures slightly down on the day â 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 âcompressionâ in BTC/USD over the past several weeks.Â
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 â and that should happen this week, say analysts.
âThis feels like a little World Cup of sorts. bitcoin could break out on or about the 22nd,â Jason Williams, co-founder of crypto hedge fund Morgan Creek Digital, tweeted on Sunday.
Investors should not treat Bitcoin as a safe-haven âtoo literallyâ within the current market, says the CEO of cryptocurrency exchange Binance.
Speaking to Bloomberg on July 20, Changpeng Zhao, known as âCZâ in cryptocurrency circles, cautioned against considering BTC/USD as having a particular relationship to stocks.
âI think people should not take that meaning of âsafe haven assetsâ too literally⊠there are always multiple factors affecting the price of an asset,â he told the network.
âIf you imagine Bitcoin as the same as a float and thereâs the Titanic sinking beside it, if thereâs 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 â itâs just not able to sustain that kind of load.â
In other trending Bitcoin News today:
âWorthless Coinâ â 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 âeat his own ****â 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 McAfeeâs 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:
âNot going to get out of it. I never believed Bitcoin would hit $1 mil. Itâs absurd. Itâs an old, tired, worthless coin. I just wanted to eat my **** on TV. Wait for it.â
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
John McAfee honored his bet, made three years ago, to bite off his dick if #Bitcoin wasnât at $500,000
GOOD NEWS: Heâs doing well at the hospital and expected to make a full recovery. pic.twitter.com/5ak0jau42u
â 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.
â 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.
â 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 đ§
Tina and I both agree that #bitcoin volatility could be extraordinary to the upside. @BitcoinTina pic.twitter.com/EWoB0Tv8VW
â Jason Williams đŠ (@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
Post Views: 122