BITCOIN PRICE OF 0K – 0K IS CONSERVATIVE!!! | CMDX Smart Currency Interview

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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

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A prominent crypto trader Eric Choe, aka Mr. Swing Trade, believes that the Bitcoin price may be heading to the moon soon and sets the next BTC price target at $12,500.

After Bitcoin (BTC) surged over the $9,000 threshold on January 28, traders are expecting the leading Cryptocurrency to keep appreciating, however, some still believe that Bitcoin may reverse and hit the bottom.

Eric Choe, who works with analysis based on Elliot Waves, has shared a chart which shows that Bitcoin is on its way to reaching a higher level in the short term.

Bullish on BTC, the trader names the $12,500 area.

‘The bottom for BTC has been in’ In his recent tweet, crypto trader BTC_Macro addresses those who believe Bitcoin has not reached the bottom yet and may still plunge as low as $1,000.

He insists that, as per the charts, the bottom of the Bitcoin price is well behind us already and it has been obvious for months now.

“Sure, maybe the bottom isn’t in yet. Sure, maybe we’ll go to $1k. Sure, maybe $XRP will pump to $589. Sure, maybe Unicorns exist. However, as a trader I prefer reality – and it’s been obvious for MONTHS now that the bottom has been in. Trade what you see, not what you think!”

Bitcoin Is “Screaming” For a Massive Surge: Factors That Will Send BTC Price Surging Past $20K

According to cryptocurrency content creator The Moon, Bitcoin’s hash rate “just hit” a new all-time high at over 123 exahashes per second – an astronomically large number of hashes being computed each second to process BTC transactions.

This, he claims, is a clear sign that BTC is “screaming for a huge bull run leading into the halving,” referencing the sentiment that Bitcoin will surge into the block reward reduction event, which will result in a 50% decrease in the asset’s inflation.

“The Bitcoin hash rate JUST HIT a new ALL-TIME-HIGH! A whopping 123,011,832 TH/s!!! The $BTC fundamentals are screaming for a huge bull run leading into the halving! BULLISH!!”

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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:

Sure, maybe the bottom isn’t in yet.Sure, maybe we’ll go to $1k.

Sure, maybe $XRP will pump to $589.

Sure, maybe Unicorns exist.However, as a trader I prefer reality – and it’s been obvious for MONTHS now that the bottom has been in.

Trade what you see, not what you think!

— Bitcoin Macro (@BTC_Macro) January 29, 2020

https://u.today/bitcoin-btc-prices-next-target-12500-top-crypto-trader-predicts

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Dan Morehead, founder of Pantera Capital, says the Bitcoin price has a pretty good shot at hitting $100,000 per BTC by the end of next year.

Along with Micheal Sonnenshein of Grayscale Investments, together they share their bullish forecasts on the Bitcoin (BTC) price trajectory.

On a new episode of the Money Movement podcast, Morehead says he and his firm remain bullish on the godfather of cryptocurrency.

He believes BTC is gearing up for another bull run that would be deemed “ludicrous” by traditional standards.

“[Bitcoin’s] got a nine-year 209% compound annual growth rate and we think it will continue, and it’s just that simple. It has some bubbles, it has some down trades, but if it got back on that trend it would be at $100,000 at the end of next year.

In the normal markets, saying something goes up 10x is ludicrous and you’d be ridiculed but, it happens every three or four years and all the factors are coming together. So I think it is a pretty good shot that hits $100,000 at the end of next year.”

Sonnenshein says people shouldn’t be putting money into Bitcoin unless they can afford to lose it.

He cites a recent report from Grayscale that compares BTC’s current market structure to 2016 before the coin began a historic 4,400% rally.

“In my opinion, Bitcoin is not something people should be putting more money into than they can afford to lose. Think of it as an early-stage technology.

Buyer beware, it does have those 80% drawdowns, but from here, Bitcoin is either a hell of a lot higher and a lot more valuable than it is today, or something somehow comes along and displaces Bitcoin and we all move on to something else.”

In other trending Bitcoin News today:

This Newly Created Crypto Asset Just Surged 6,200% – And Bitcoin Trader Josh Rager Says It’s Just Getting Started

Crypto strategist and trader Josh Rager is a keeping a watchful eye on a new crypto token that has skyrocketed by about 6,200% in less than a month.

Rager tells his 87,000 Twitter followers he sees Shroom.Finance (SHROOM) doubling in value in the next 30 days.

“SHROOM is currently near $0.01 and if MEME can go from $30 to $1600 in one month, there’s no reason why SHROOM can’t go from current price to $0.50+ the coming month if Shroom bridges gaming, DeFi and NFTs, especially as liquidity is added in the coming weeks as LPs will be rewarded.”

According to its website, Shroom.Finance is a fork of the Sushiswap protocol.

The new crypto asset seeks to build community-owned DEXes (decentralized exchanges) that specialize in the $10-billion in-game asset industry.

“We foresee a future where in-game assets, fungible and non-fungible, trade freely in a decentralized fashion, and we are here to take that spot and facilitate the ownership to a community of gamers.”

Rager points to the emergence of the widely-talked about non-fungible tokens (NFTs) as a possible bullish catalyst for SHROOM.

“Let’s just say NFTs are one of the hottest trends to hit 2020. And Shroom Finance team is building a decentralized ecosystem for in-game assets trading and minting. This includes NFTs (ERC-721, ERC-1155) and ERC-20 token standards. I’m really bullish on SHROOM for long term.”

The trader also says that Shroom.Finance’s new DEX will allow SHROOM holders to participate and generate income via yield farming.

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

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:

Prepare for a great Q4 2020 for BTC folks (blah blah, de-coupling, blah blah, new correlations). The difficulty ribbon is one of my more reliable personal favourites. https://t.co/syPL4RfFTD

— Willy Woo (@woonomic) September 28, 2020

$SHROOM is currently near $0.01 & if MEME can go from $30 to $1600 in one monthThere’s no reason why SHROOM can’t go from current price to $0.50+ the coming month if Shroom bridges gaming, defi & NFTs

Especially as liquidity is added in the coming weeks as LPs will be rewarded

— Josh Rager 📈 (@Josh_Rager) September 21, 2020

https://dailyhodl.com/2020/09/28/btc-set-to-erupt-in-ludicrous-bull-run-says-crypto-fund-manager-dan-morehead/

https://dailyhodl.com/2020/09/28/this-newly-created-crypto-asset-just-surged-6200-and-bitcoin-trader-josh-rager-says-its-just-getting-started/

https://cointelegraph.com/news/bitcoin-difficulty-ribbon-chart-hasnt-been-this-bullish-since-march