BITCOIN WARNING SIGNS POINT TO A ,000 RETEST!!!

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The Bitcoin price will rise exponentially until “it’ll get almost impossible to buy BTC as price rockets higher” Max Keiser has announced.

Speaking to Express.co.uk, RT host of the Keiser Report, Max Keiser said: 

“The demand for Bitcoin is growing almost exponentially while supply is mathematically locked at 900 a day and in fact, in 2024, the supply gets cut in half again to 450 a day. 

This is why I think institutions that are buying Bitcoin will do so directly from miners and the public won’t have a chance to buy any. The public will be shut out as the price rockets to $1,000,000 per BTC.”

“Meanwhile, Generation Z who bought lots of bitcoin when it was under $100, will be the new global power elite. The world order is about to flip.”

Studying the daily demand for Bitcoin from the world’s major exchanges, the current estimated average daily demand far outweighs the daily supply created by mining bitcoin.

The daily demand on exchanges amounts to 2,600 BTC, whereas the supply from mining is only 900 Bitcoin.

Of this disparity, Max Keiser said: “This is amazing, the daily demand from these four is 2,600 Bitcoin, but the daily supply from mining is only 900 Bitcoins.”

This Bitcoin prediction of an escalating price was also echoed by Dan Morehead, the CEO of Pantera Capital, who said: 

“The first investment firm in the US to launch a digital currency, pre-auction ICO, and blockchain-enabled venture funds. 

PayPal and CashApp already buying more than 100 percent of all newly-issued bitcoins. PayPal alone likely buying all within weeks. Where would Cash App get theirs? That’s where the finite-supply, inelasticity part comes in, at a higher price.”

Bitcoin expert Dan Held gave a list of the financial institutions “and trading legends” that recognize Bitcoin is the new gold.

Mr Held tweeted the following names and institutions, “Fidelity, JP Morgan, Bloomberg, Deutsche Bank, Citibank, Jeffries, Blackrock, Susquehanna, Jump Trading, Paul Tutor Jones and Stanley Druckenmiller”.

A follower of Mr Held tweeted: “Bitcoin will divide people into two groups. In those who have it and those who want it.”

In other trending Bitcoin News today:

“BlackRock Chief Investment Officer Says Bitcoin Will Overtake $10 Trillion Gold As Primary Store of Value”

Rick Rieder, chief investment officer of global fixed income at investment management corporation BlackRock, says he believes Bitcoin will surpass gold as the primary store of value.

In a CNBC Squawk Box interview, Rieder explains why he believes Bitcoin and cryptocurrency at large aren’t going anywhere.

“I think cryptocurrency is here to stay and I think it is durable and you’ve seen the central banks that have talked about digital currencies. I think digital currency and the receptivity, particularly millennials’ receptivity to technology and cryptocurrency is real. Digital payments systems is real so I think Bitcoin is here to stay.”

The BlackRock executive highlights why he believes Bitcoin will overtake gold as the go-to store-of-wealth asset.

“Do I think it will take the place of gold to a large extent? Yeah, I do because it’s so much more functional then passing a bar of gold around.”

While Rieder sees a rosy future for the largest cryptocurrency, he admits that he does not include much BTC in his corporate and business portfolios. 

Also, the BlackRock CIO says he’s unsure whether Bitcoin is worth the price it is trading at today, which is around $18,770.

Rieder is the latest high-profile Wall Street figure to see the potential of Bitcoin. Earlier this month, billionaire investor Stanley Druckenmiller revealed he owns Bitcoin and said that the flagship cryptocurrency has more upside potential than gold.

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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:

Current #bitcoin price action is nice, but we are waiting for a real jump (like the red arrows early 2013 and 2017). IMO that will be the start of the real bull market, and indeed phase5. January 2021? pic.twitter.com/orzwdCOcvP

— PlanB (@100trillionUSD) November 22, 2020

https://www.express.co.uk/finance/city/1363025/Bitcoin-price-news-update-latest-rocketing-surging-big-institution-banks-buy-directly-mine

https://cointelegraph.com/news/bitcoin-price-dips-below-18k-time-to-watch-these-whale-cluster-support-zones

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Bitcoin is set to reach $400,000 if Joe Biden wins the US presidential election, according to financial guru Max Keiser, RT host of the Keiser Report.

BTC is now set to surge far beyond its former all-time high, when it reached $20,000 in December 2017.

The popular crypto expert has predicted that Bitcoin will surge to $28,000 by the time of the inauguration day if Joe Biden is elected.

The US election and PLANdemic has caused major uncertainty in world markets with tech stocks and the US dollar falling in value.

Cryptocurrency guru Max Keiser shared the following tweets on Crypto Twitter:

“A Biden win* will lock China’s global supremacy, crash the USD, send BTC to $400,000 – as $100,000,000,000 in global managed funds start allocating into BTC to escape. Expect BTC well above $28k by Inauguration Day.”

“2016 Russian election influence categorically proven false 2020 Chinese election influence; by the time the hearings are over, will categorically be proven true. By which time, Bitcoin will be over $100,000. Are you ready?”

He also tweeted:

“A Biden win will trigger a stampede into Bitcoin as the global wealthy attempt to escape.”

The coronavirus PLANdemic has also affected Bitcoin with investors choosing to transfer their assets to safe heavens.

Confidence in Bitcoin has escalated after PayPal announced it would allow payments using the crypto-currency.

Speaking to CNBC Bitcoin investor Mike Novogratz also claimed a Joe Biden win would be good for cryptocurrencies.

He said: “Less fiscal, more Fed, good for crypto.

“We have crossed the Rubicon in crypto adoption, and we’re at the start of a really big bull market there. “You’re going to have every central bank issuing a digital currency within the next five years.”

If Mr Trump wins the 2020 US election it may lead to Bitcoin rising much slower than under his opponent’s administration.

In other trending Bitcoin News today:

“SQUARE AND GRAYSCALE ACCUMULATED $2.3B WORTH OF BITCOIN OVER Q3”

Bitcoin has undergone a strong surge over the past few months in the face of the worst economy in a few decades and much uncertainty.

From the March lows, the price of the leading cryptocurrency has rocketed higher by around 350%, outperforming most other macro assets.

BTC currently trades for $15,700, far above the 2019 highs and almost at the 2018 highs.

The leading cryptocurrency has gained 50% in the past 30 days alone, managing to gain steam despite bearish news events.

This strong rally in the Bitcoin price seems to be related to institutional and retail accumulation.

Ikigai Asset Management’s Hans Hague recently noted that per his analysis, Square and Grayscale alone have accumulated $2.3 billion worth of Bitcoin in the past quarter.

Grayscale is a digital asset manager, the world’s largest, while Square is the fintech company that offers Bitcoin purchases for its clients via the Cash App.

To put this amount of BTC into context, Bitcoin miners brought in around $1 billion worth of BTC over the course of the past quarter.

This suggests that with Grayscale and Square’s inflows alone, there was a shortfall of $1.3 billion BTC, which likely contributed to the upside.

“In 2020-Q3, Bitcoin Miners brought in just under $1 Billion USD. That’s new BTC + Fees. Square and Grayscale alone took in $2.3 Billion USD. That’s a 1.3 Billion USD Shortfall. Supply and Demand.”

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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:

A Biden win* will lock China’s global supremacy, crash the $USD, send #BTC to $400,000 – as $100,000,000,000 in global managed funds start allocating into BTC to escape. Expect BTC well above $28k by Inauguration Day. ————————————-

*Contested

— Max Keiser (@maxkeiser) November 6, 2020

2016 Russian election influence categorically proven false 2020 Chinese election influence; by the time the hearings are over, will categorically be proven true

By which time, #Bitcoin will be over $100,000

Are you ready?

— Max Keiser (@maxkeiser) November 6, 2020

Square and Grayscale Accumulated $2.3b Worth of Bitcoin Over Q3

It’s a “Matter of Time” Before Bitcoin Hits $20,000: Analyst

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

Asset management giant Fidelity, who currently holds $10.4 trillion in assets under management, projects a $1 million Bitcoin price by 2026, according to Jurrien Timmer, the director of Global Macro at Fidelity Investments.

The explosion in wealth that will occur as BTC gains in value will create a new class of billionaires.

Balaji Srinivasan, who doubled as Coinbase’s first CTO, wrote an article titled “The Billionaire Flippening” articulating what he believes will be the structural societal impact of Bitcoin’s ever-increasing price.

He says that when bitcoin hits milestones like $100,000, there will be as many bitcoin billionaires as there are traditional billionaires. When bitcoin hits one million dollars, the world’s bitcoin and crypto billionaires will surpass the number of traditional billionaires.

To add my own calculus to his math, bitcoin’s CAGR (Compounded Annual Growth) of 200% means that it is reasonable to think that within the next two years half the world’s billionaires will have made their fortunes from cryptocurrency (when one bitcoin equals), and within five years (when one bitcoin equals $1 million) there will be more bitcoin/crypto billionaires than from every other industry combined!

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Trezor: ► http://trezor.cryptonewsalerts.net

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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:

Crypto Veteran Bobby Lee Analyzes Bitcoin, Reveals What Could Prevent BTC From Reaching $1,000,000

https://bitcoinmagazine.com/culture/1-million-bitcoin-price-billionaire

https://cryptopotato.com/jack-dorsey-reveals-efforts-to-build-a-bitcoin-centric-dex/

https://cointelegraph.com/news/bitcoin-in-line-for-phenomenal-weekly-close-if-btc-price-holds-49k