BITCOIN TO SKYROCKET 100X THE PRICE OF GOLD, SAYS TOP BLOOMBERG ANALYST!! $380K MASSIVE BTC ASCENT!!

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Bitcoin bull Anthony Pompliano shares his thoughts on the future of XRP, Ripple, and Bitcoin in his latest interview with Ripple CEO Brad Garlinghouse.

At the end of this exclusive 90-minute interview, Anthony Pompliano says he thinks there are a couple of likely outcomes for the future of Fintech.

For starters, Pompliano says Ripple’s mission to help banks become more efficient makes a lot of sense.

“I think I’m actually on the podcast, on the record, saying it’s important to separate out the software company from XRP. I actually think that having software that makes banks run better – there’s a big business to be built there. We’ve actually invested in a bunch of businesses that are trying to disrupt software that is currently in banks or helping banks be more efficient. That all makes a lot of sense to me.”

Are Altcoins ready to explode?!

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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.

News Resources From Today’s Show:

Bitcoin Bull Anthony Pompliano Reveals New Outlook on Ripple and XRP

https://www.stitcher.com/podcast/blockworks-group/off-the-chain/e/64470239

https://www.ccn.com/bitcoin-bull-anthony-pompliano-roasted-twitter/

Bitcoin continues marching forward.Block after block after block.Completely immune to the manipulation of economies or political instability of nations.Bitcoin is doing exactly what it was designed to do.

What a beautiful thing to witness.

— Pomp 🌪 (@APompliano) October 9, 2019

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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

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

Bitcoin (BTC) has plenty of room to grow in its current bull run and “will not stop” at $100,000, according to analysts including PlanB who predicts that the peak of this cycle could be double those figures or even more – potentially in excess of $576,000.

In various posts on social media on Wednesday, the stock-to-flow Bitcoin price model creator joined others in predicting huge new all-time highs for BTC/USD.

With Bitcoin trading sideways below both its recent peaks of $58,300 and $61,700, investors are curious about where the 2021 bull run may end.

As Cointelegraph reported, depending on the price indicator used, the peak could be uncomfortably near or still far off. For followers of stock-to-flow, the answer remains firmly the latter: Compared with previous bull cycles, 2021 is just getting started.

“We are only 3.5 months into the Bitcoin bull market,” PlanB summarized.

“IMO BTC will not stop at $100K and will continue to S2FX $288K average price level (ATH will be higher).”

He referenced both his stock-to-flow, or S2F, and stock-to-flow cross-asset, or S2FX, models, which give an average BTC/USD price forecast of $100,000 and $288,000 during the current halving cycle, set to end in 2024.

This is just the average, however, and PlanB believes that the peak of this cycle could be double those figures or even more — potentially in excess of $576,000.

Currently, Bitcoin is following the stock-to-flow trajectory almost to the letter — “like clockwork,” as PlanB described it — and has yet to give off signs that the cycle top is approaching.

As fellow analyst Rekt Capital noted, such signs tend to come in the form of BTC/USD jumping above the planned trajectory.

“Upside price deviations from the Stock to Flow line tend to precede Bull Market tops for BTC,” the Twitter account wrote.

“At the moment, $BTC is perfectly follow the Stock to Flow line. But Bitcoin hasn’t deviated from it — yet.”

Despite the stock-to-flow model not existing during the top of Bitcoin’s first halving cycle price peak in 2011, it achieved a trajectory deviation equal to 1,157%.

In other breaking Bitcoin News today: 

Morgan Stanley Introduces Bitcoin Investing For Millionaire Clients

Institutional banking powerhouse Morgan Stanley seems to have given Bitcoin its nod of approval. Based on fresh intel via an “internal memo”, as reported on by CNBC, Morgan Stanley will give clients access to Bitcoin (BTC) investing, though only under specific conditions. 

“The investment bank, a giant in wealth management with $4 trillion in client assets, told its financial advisors Wednesday in an internal memo that it is launching access to three funds that enable ownership of bitcoin, according to people with direct knowledge of the matter,” CNBC reported on Wednesday. The opportunity is expected to open in April, according to the sources.

Bitcoin interest from mainstream finance has risen significantly over the past year or so, with players such as MicroStrategy, Tesla, and Square buying large stacks of BTC.

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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:

December close: $28,992January close: $33,141February close: $45,240March 17 price: $55,000

We are only 3.5 months into the #bitcoin bull market. IMO BTC will not stop at $100K and will continue to S2FX $288K average price level (ATH will be higher). pic.twitter.com/skS6a7pepu

— PlanB (@100trillionUSD) March 17, 2021

The oldest bank in America, Bank of New York Mellon, just invested in the #Bitcoin custodian company, Fireblocks!

BNY Mellon is one of the world’s largest custody banks, and they plan to hold, transfer, and buy #bitcoin for their asset management clients!

— Documenting Bitcoin 📄 (@DocumentingBTC) March 18, 2021

https://cointelegraph.com/news/288k-by-december-bitcoin-will-not-stop-at-100k-says-stock-to-flow-creator

https://www.forbes.com/sites/ninabambysheva/2021/03/18/bny-mellon-joins-133-million-in-series-c-in-bitcoin-custodian-fireblocks/?sh=ec0c6a334285&utm_source=TWITTER&utm_medium=social&utm_content=4600043182&utm_campaign=sprinklrForbesCrypto

https://cointelegraph.com/news/asia-s-microstrategy-meitu-drops-another-50m-on-eth-and-btc

https://cointelegraph.com/news/60k-bitcoin-price-back-in-sight-after-morgan-stanley-and-fed-announcements

https://cointelegraph.com/news/morgan-stanley-introduces-bitcoin-investing-for-millionaire-clients