561: BITCOIN WILL SHATTER $300K THIS CYCLE, SAYS TOP TRADER!! ALTCOINS CAN SURGE 27,000% HIGHER IN 2021!!

➡️ Teeka Tiwari – Investment of the Decade:  http://2020.cryptonewsalerts.net

Bloomberg Intelligence commodity strategist Mike McGlone says Bitcoin is set for a major breakout, with the leading cryptocurrency targeting $13,000 in the near term.

McGlone says he expects weeks of consolidation to end as Bitcoin’s volatility hovers at a level where big breakouts tend to erupt.

“Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance — The more disdain from bulls should be for the better, keeping the price tilted upward for the consolidating crypto. Declining Bitcoin volatility reflects maturation toward a digital version of gold.”

In other trending Bitcoin News today:

At This Rate Grayscale Will Own 3.4% of All Bitcoin by January

Grayscale Investments has added 19,879 BTC to its Bitcoin Trust in the last week, purchasing Bitcoin faster than the tokens can be mined.

Grayscale Investments has purchased almost half a billion dollars in Bitcoin since the May block reward halving, and this week bought BTC around three times faster than miners could produce blocks.

According to a June 25 tweet from crypto analyst Kevin Rooke, the investment firm bought 19,879 Bitcoin (BTC) — $184 million worth — in the last week for its Bitcoin Trust, bringing its total number of coins to roughly 400,000.

“Unbelievable. Grayscale added 19,879 BTC to their Bitcoin Trust since last week (53,588 BTC since the halving). Bitcoin miners only produced 7,081 BTC since last week (39,544 BTC since halving). That’s almost 400,000 BTC under management for $GBTC”

Rooke stated that not only is Grayscale buying massive amounts of the cryptocurrency, but it’s now doing so at a rate roughly 280% of the new Bitcoin mined. 

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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:

Unbelievable.Grayscale added 19,879 BTC to their Bitcoin Trust since last week (53,588 BTC since the halving).Bitcoin miners only produced 7,081 BTC since last week (39,544 BTC since halving).

That’s almost 400,000 BTC under management for $GBTC pic.twitter.com/aMtSGHZnz2

— Kevin Rooke (@kerooke) June 25, 2020

#Bitcoin a Caged Bull Set for Breakout, Eying $13,000 Resistance —
The more disdain from bulls should be for the better, keeping the price tilted upward for the consolidating crypto. Declining Bitcoin volatility reflects maturation toward a digital version of gold. pic.twitter.com/2CqGEx95JS

— Mike McGlone (@mikemcglone11) June 26, 2020

Coinbase Will Now Pay You to Learn About These Five Altcoins

https://cointelegraph.com/news/at-this-rate-grayscale-will-own-34-of-all-bitcoin-by-january

https://dailyhodl.com/2020/06/27/mike-mcglone-calls-major-bitcoin-breakout-but-analysts-warn-btc-eth-and-xrp-will-likely-tumble-before-bull-run-begins/

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Crypto investment analyst Teeka Tiwari, who picked BTC at $428 in 2016 shared in a new interview, “In my opinion, over the next five years, a Bitcoin will be worth over a half a million dollars.”

The former hedge fund manger and Wall Street executive predicted back in August when Bitcoin was still trading at about $10,000 that BTC would reach $60,000 or $70,000 “a lot sooner than most people realize.”

“It’s still very much early days in bitcoin,” he stated. “I remember when I recommended bitcoin at $428. People told me I was crazy, that this ship had sailed, because bitcoin had been a hundred dollars, just a few years earlier.”

“A few years before that, [Bitcoin] was $10, and a year before that at seven cents,” he shared. “So people couldn’t understand how I could, in all good conscience, recommend bitcoin at $400. They said the same thing to me at $5,000, $10,000, $15,000. In my opinion, over the next five years, a bitcoin will be worth over a half a million dollars.”

In other trending Bitcoin News today: Square to acquire Australian fintech Afterpay in $29B deal.

Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company.

Square announced Sunday that the firm has entered into a scheme implementation deed to acquire all of the issued shares in fintech company Afterpay in a $29 billion deal. The transaction is based on the closing price of the Square common share and is expected to be paid in all stock in the first quarter of 2022.

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🔥 [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://www.breitbart.com/economy/2021/07/27/teeka-tiwari-bitcoin-will-be-check-against-central-banks-money-printing-debasement-currency/

https://cointelegraph.com/news/square-to-acquire-australian-fintech-afterpay-in-29b-deal

https://cointelegraph.com/news/there-s-no-reason-not-to-hold-bitcoin-for-100-years-michael-saylor-says

➡️ $274 Million Secret: Larry Benedict Live Event (REPLAY)
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According to John McAfee, the Bitcoin price is still on track to reach $1 Million despite the abysmal BTC price performance in Q4.

When asked whether his uber-bullish BTC price prediction still holds, McAfee succinctly replied: “You bet.”  

In his most recent Tweet he shared:

“In 5 years BTC is up 4082.52% in last 52 weeks it’s up 129.10% in the last month it’s up 10.33% & last 5 day’s its up 1.71%. Fuck FIAT”

During his exclusive interview with U. Today, he claimed that Bitcoin (BTC) was the very first automatic deflationary currency in history, and the end of 2020 was still too far away to dismiss his forecast.

“There are only 21 million [coins] that can ever exist, and 18 million [coins] have already been mined. This leaves only 3 million left, and it will take many years to mine those 3 million coins. In the meantime, 7 million coins have been lost forever, and for every coin that’s mined, four are lost. Do you understand? This is the world’s first automatic deflationary currency.” – John McAfee

In other Cryptocurrency news today, Silk Road Darknet marketplace founder Ross Ulbricht says the Bitcoin price will skyrocket up to $100,000 in 2020.

The blogs were published based on letters he wrote in prison, using a type of market analysis known as Elliott Wave Theory.

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🔥 [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:

In 5 years BTC is up 4082.52% in last 52 weeks it’s up 129.10% in the last month it’s up 10.33% & last 5 day’s its up 1.71%. Fuck FIAT

— John McAfee (@officialmcafee) December 13, 2019

https://u.today/bitcoin-price-could-still-hit-1-million-in-2020-insists-crypto-baron-john-mcafee

https://cointelegraph.com/news/silk-road-darknet-marketplace-founder-btc-will-reach-100-000-in-2020

https://medium.com/@RossUlbricht/bitcoin-by-ross-end-of-a-cycle-or-room-to-run-9522fc0c67f5