THIS IS BITCOIN ROCKET FUEL!! ON-CHAIN DATA SUGGEST NO BULL MARKET TOP AT $60K, SELLING DECLINING!!

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Tron CEO, Predicts That Bitcoin Price Will Cross $100,000 Mark In 2025

Justin Sun, the founder and CEO of Tron (TRX), the 15th biggest cryptocurrency by market cap, is investing in a number of Cryptos other than Bitcoin (BTC).

In a Feb. 23 interview with CNN, Tron CEO said that he is a long-term believer in cryptocurrencies and owns a stake in many altcoins, including the two largest coins after Bitcoin – Ethereum (ETH) and XRP.

When asked whether Sun has his crypto portfolio diversified, the Tron CEO answered:

“I own a lot of XRP and Ethereum, too. I’m like a long-term believer of the crypto so I want all crypto assets to succeed. So that’s why I own a lot of other different cryptos as well.”

As a major believer in crypto, Justin Sun is bullish on the price of cryptocurrencies and confident that cryptos like Bitcoin are the future of money.

In the interview, Tron CEO predicted that the BTC price will cross $100,000 mark in 2025, emphasizing that other cryptocurrencies will follow the trend.

Justin Sun’s $100,000 Bitcoin prediction in his own words: “I definitely believe Bitcoin will pass $100K in 2025.

I believe we can achieve this price before 2025.

At the same time, I think a lot of other crypto projects like Tron, Ethereum and XRP will also see bull market.”

CRYPTO EXCHANGE EXEC: BITCOIN WILL NOT STOP AT $100,000

Bitcoin is holding on to gains today as the threat of a larger correction looms.

The long term outlook is extremely bullish though, at least according to one crypto exchange executive.

Kraken’s director of business development, Dan Held, sat down with Nuggets News CEO Alex Saunders to discuss global markets, why bitcoin is the hardest money, and how it fits into the macroeconomic system.

Held got into BTC in 2012 after learning about the financial system crash in 2008.

He added that it was a tiny space back then and no major players in tech wanted to get involved in crypto.

He said that the scene now is so much different with many different products and institutional involvement.

This could spur a ‘super cycle’ with a lot more fiat flowing in which would take bitcoin prices to $100k in no time.

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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 Exchange Exec: Bitcoin Will Not Stop at $100,000

https://cointelegraph.com/news/billionaire-investor-tim-draper-quit-stocks-for-bitcoin-6-months-ago

https://cointelegraph.com/news/tron-ceo-bitcoin-to-break-100k-in-2025-and-pull-up-other-coins

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Bitcoin Price Can Hit $6K Then Rise to $20K in 2020 Crisis, Says BitMEX CEO.

Arthur Hayes called it right on the money, that Bitcoin (BTC) will likely hit lower levels of up to $6,000 but will avoid bigger losses.

In the latest edition of the exchange’s Crypto Digest on March 12, Arthur Hayes joined other trading sources warning that the BTC price was not safe from current market turmoil.

On Twitter, he described it as “a look into my trader brain during this time of intense market volatility.”

In the short term, Hayes thinks that BTC/USD is headed to a maximum floor of $6,000 as coronavirus panic takes its toll on sentiment. 

The situation will be compounded by hedge funds selling coins into an already downward-facing market due to distress calls from traders.

Hayes still believes in the cryptocurrency’s status as a safe-haven asset and added that $20,000 is a possible target for a bounce before the end of 2020. 

2020 Gains Wiped as Bitcoin Crashes below $5,600 Bitcoin crashed within minutes to erase all the gains it made heading into the year 2020.

The benchmark cryptocurrency plunged to $5,578 on Coinbase for the first time since May 2019.

The move downhill led its market cap down by about 30 percent to $117 billion, logging one of the biggest declines ever recorded since its inception in 2009.

At BTC’s intraday high, the valuation was $134.7 billion. The latest data revealed that the plunge came shortly after the derivatives platform BitMEX liquidated $680 million worth of XBT/USD long positions.

The spillover led traders on all the crypto exchanges to panic-sell their spot positions, with data portal CryptoCompare showing the average execution of 11,000 trades every second.

The panic was the same elsewhere in the cryptocurrency market. BTC’s 30-minute meltdown led its rival altcoins to erase up to $23 billion off the overall market, with the second-largest Ethereum tanking 30 percent.

Follow up tokens, including Ripple’s XRP, Bitcoin Cash’s BCH, and Bitcoin SV’s BSV too fell in the range of 29 to 32 percent.

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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:

Hot off the press the next issue of the Crypto Trader Digest. A look into my trader brain during this time of intense market volatility. https://t.co/sWmNnvMk25

— Arthur Hayes (@CryptoHayes) March 12, 2020

2020 Gains Wiped as Bitcoin Crashes below $5,600

https://cointelegraph.com/news/bitcoin-can-hit-6k-then-rise-to-20k-in-2020-crisis-says-bitmex-ceo

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Popular crypto analyst Michaël van de Poppe reveals that he is still standing by his peak high bull cycle prediction for Bitcoin, Ethereum, as well as 6 other top altcoins including Polkadot, Chainlink, Cardano, Zilliqa, Elrond and DIA.

In other trending Cryptocurrency News today: Ethereum Primed for 500% Explosion, Says Crypto Trader Lark Davis – Here’s Why!

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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

Ledger: ► 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/michael-saylor-says-bitcoin-mining-council-required-to-combat-hostile-narrative

https://cointelegraph.com/news/bitcoin-blasts-past-40k-again-ethereum-nears-3k-is-a-bigger-crypto-rally-looming