đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Crypto trader and YouTuber Ben Armstrong aka âBitboy Cryptoâ is predicting that Bitcoin will kick it into hyperdrive after shattering $100,000 âby the end of the second quarter, largely driven by the expiry of the quarterly futures contracts.
âI think the end of this bull run is the end of September, so weâll give it another month to run, and then match the stock-to-flow, you know, somewhere between $290,000, $320,000.â
In other trending Cryptocurrency News today:
Macro guru Raoul Pal says a new milestone for Ethereum demonstrates the platformâs ability to command the crypto and financial sectors.
âThings move faster than the speed of light in crypto adoptionâŠ.It is a test that tacitly accepts that crypto offers better settlement, custody and transfer for the global bond market. Something I have talked about for a decade⊠in the end, all securities of all types will migrate across to public blockchains.â
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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:
JPMorgan Offering Bitcoin Investments to High Net Worth Clients â Report
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BITCOIN PRICE REACHING BITCOIN PRICE REACHING $1,000,000 âDOESNâT SOUND CRAZYâ | BTC Tumbles, Altcoins in Deep Red,000,000 âDOESN'T SOUND CRAZYâ | BTC Tumbles, Altcoins in Deep Red
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Shark Tank host Robert Herjavec is certain that BTC is a good buy at the current Bitcoin price.
The Canadian businessman whoâs known as the host of the hit TV show âShark Tank,â is a âbig believerâ in Bitcoin (BTC) and electronic payments in the future, unlike his fellow host Mark Cuban.  Â
When asked about analysts who say that the BTC price could reach $100,000 or even $1 million during his recent Kitco interview, Herjavec said that it didnât sound crazy to him on a long-term basis.
Herjavec says that one of the main challenges for Bitcoin is the existence of multiple forks. Â
âThere is no one Bitcoin. There are different types of Bitcoin, and I think itâs a bit of a fragmented industry.âÂ
There are currently three different versions of Bitcoin in the top 10, which signifies how divided the community is.
However, the original Bitcoin still blows out of the water its forked versions given that it is responsible for almost 64 percent of the total market cap.Â
Bitcoin Tumbles, Altcoins in Deep Red â Hereâs Where BTC, ETH and XRP Will Land, According to Top Crypto Analysts
As Bitcoin continues to slide toward $9,000, crypto analysts are trying to gauge when the bleeding will stop.
Now that BTC has firmly slipped below $9,300, analyst Josh Rager says he thinks the leading cryptocurrency will continue to head south to support at around $8,600.
Meanwhile, Scott Melker of Texas West Capital says Bitcoin bulls need to protect the $9,090 level to avoid a larger move to the downside.
âThe next support for me is still THE LINE at $9,090. For now, price bounced there to the dollar. Now letâs see if it holds.â
Fellow analyst Filbfilb tells his followers on Telegram that he believes BTC will likely hit a bottom at around $8,800, which is the current 200-day moving average on TradingView.
âDownside targets the 200-day moving average, 20-week moving average, and 50-week moving average seem good for a bounce, but the 200-day moving average is never really lost in a bull run, so losing that could be more of a significant issue. Nevertheless, Iâm looking for longs down there.â
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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:
I spoke to @jchatterleyCNN this AM.Explained why Warren Buffett isn’t a great person to listen to on technology and why Bitcoin’s monetary policy is superior to fiat monetary policy.If this video gets 500,000 views, Julia will bring on more Bitcoiners.
You know what to do đđœ pic.twitter.com/lEcyQkbG6w
â Pomp đȘ (@APompliano) February 25, 2020
$ETH vs USD update>Tapped in to $275-280 resistance>At diagonal support>If lost, I expect a heavy sell-off>$241 first support
>$208-211 remains valid if $241 is lost pic.twitter.com/Rmu2o59Gra
â //Bitcoin đ”ack (@BTC_JackSparrow) February 25, 2020
From this morning’s edition of The Wolf Den⊔The next support for me is still THE LINE at $9,090⊔ For now, price bounced there to the dollar.Now let’s see if it holds.
To read my top to bottom analysis on $BTC (and much more), join below. https://t.co/ccjxa38HLr
â The Wolf Of All Streets (@scottmelker) February 26, 2020
There’s the break and bounce off the high volume node for $BTCI don’t expect a trend reversal back up, instead can suspect for this to continue down with more retests of $9300
If that area breaks, IMO we head to $8600 to $8700 pic.twitter.com/T37xGrHdOP
â Josh Rager đ (@Josh_Rager) February 25, 2020
https://cointelegraph.com/news/anthony-pompliano-speaks-to-cnn-about-warren-buffett-and-bitcoin
https://u.today/bitcoin-btc-price-reaching-1000000-doesnt-sound-crazy-to-shark-tanks-robert-herjavec
Post Views: 205 -
ANTHONY POMPLINAO SAYS BITCOIN TARGETING 5K BY END OF 2021!! BTC WILL SOAR 10-20X THIS BULL RUN!!
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Bitcoin bull and Morgan Creek Digital Assets co-founder Anthony Pompliano is mapping out why he believes BTC could reach $225,000 in just over a year.
In his latest letter to investors, Pompliano unveils the macro factors that may serve as tailwinds for the next Bitcoin bull market.
âThe Federal Reserve has cut interest rates to 0%. They plan to keep us in a zero-rate environment for the foreseeable future. Multiple stimulus packages in 2020 now total more than $3 trillion in QE. We have another $2 trillion on the wayâŠ
The combination of the Fedâs asset price manipulation and inflation fears has driven gold and Bitcoin to drastically outperform equities and other commodities.â
The Bitcoin advocate also highlights that Wall Street has âwoken up to the Bitcoin trade,â which Pompliano says has increased demand for BTC.
âWe are also seeing a new trend emerge where corporations are using Bitcoin as a reserve asset for part or majority of their treasury. It started with publicly traded digital asset focused firms like Galaxy Digital and others.
Then we saw MicroStrategy ($1.2B+ market cap on NASDAQ) put 85% of their $500M balance sheet ($425M) into Bitcoin. And most recently, financial technology company Square announced that it had purchased about $50M of Bitcoin for their balance sheet (approximately 1% of assets).â
As the demand outlook for BTC remains strong, says Pompliano, he shifts his focus to the supply side of the equation.
He refers to the most recent Bitcoin halving, which reduced the number of new BTC entering circulation from 1,800 to 900 per day.
âHistorically, these supply shocks have led to significant price increases of 20X+ in the following 18 months post-halving.â
In addition to the increasing demand and decreasing BTC supply, Pompliano highlights a key factor that he says solidifies the bullish argument for Bitcoin â the fact that more than 60% of all mined BTC has not switched hands in more than a year.
Pompliano says this shows investors are refusing to sell despite several major moves to the downside in 2020.
With his investment thesis in place, Pompliano predicts that Bitcoin could touch $225,000 by the end of 2021.Â
âMany investors will look at the historical price increase of the digital asset and believe they âmissed it.â That couldnât be further from the truth in my opinion. I believe we are at the start of another boom cycle in Bitcoin, which is likely to drive us 10-20x higher in the 15-month window.â
In other trending Bitcoin News today:
âStill So Earlyâ â 7% Of Americans Have Bought Bitcoin, Study Finds
According to new data from Statista, only 7% of Americans have previously used Bitcoin (BTC).
This means current investors in BTC are still in an early stage of growth. Dan Tapiero, the co-founder of 10T Holdings, said Bitcoin is still at the âbirthâ phase of a new asset class. He wrote:
âItâs still so early for Bitcoin. Still at the birth of a new global asset class.â
In the longer term, Bitcoin has significant growth potential to evolve into an established store of value, like gold.
If so, investors anticipate its valuation to increase exponentially over the next decade.
Currently, the majority of the demand for Bitcoin comes from investors that perceive BTC as gold 2.0. Investors believe BTC would eventually establish itself as a safe-haven asset.
Consequently, institutional investors have heavily accumulated BTC in recent months.
MicroStrategy and Stone Ridge, for instance, purchased $425 million and $110 million worth of Bitcoin, respectively.
But if the retail demand for Bitcoin picks up in tandem across major regions, it could cause BTC to grow exponentially.
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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:
Anthony Pompliano Announces He Has 80% of His Capital in Bitcoin
https://pomp.substack.com/p/the-investment-case-for-bitcoin
https://cointelegraph.com/news/still-so-early-7-of-americans-have-bought-bitcoin-study-finds
Post Views: 236 -
BITCOIN BULL RUN: 3 Reasons Why BTC Price Will Continue To Surge | .5K Bounce Next?
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BITCOIN ON VERGE OF ENTERING SIX-MONTH BULLISH CHANNEL!
Bitcoin (BTC) awakened from its post-holiday slump, breaking easily above $8,000.
A combination of geopolitical tensions and renewed appetite for trading led the BTC price as high as $8,459.
The most recent Bitcoin price move also shifted the analysis of technical indicators, signaling bitcoin may be ready to follow a bullish scenario.
Three technical indicators suggested a new upward drive may be possible.
Bitcoin managed to bounce off the years-long trend of higher lows.
The second technical factor was a small head-and-shoulders pattern.
In other Bitcoin news today, the BTC price can bounce to $9.5K after filling futures gap according to analysts.
Michaël van de Poppe shared the retracement looked primed to bounce at press time levels.
These, he noted, represented a gap in CME Bitcoin futures prices â around $7,960 â something Bitcoin has historically sought to âfillâ on multiple occasions.Â
âThis flip would be the best + closing the CME gap,â he summarized in his latest Twitter post on Thursday.
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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:
Has a new bull market began in #Bitcoin $BTC? 1. Market held support at lower boundary of multi-yr channel2. Small H&S bottom on daily chart3. Pending penetration of 6+ mo channelIf enough cryptocultists have been shaken out since Dec ’17, then “yes”
If not, then “no” pic.twitter.com/vpKQeOKqLI
â Peter Brandt (@PeterLBrandt) January 8, 2020
$BTC #BITCOINThis flip would be the best + closing the CME gap. Breakout upwards and I’d be aiming for $9,500 (or $11,000 as $9,500 is the same as $6,000 -> everybody wants to short there -> extra fuel).
Losing green and $6,900 â 6,400 are on the table. pic.twitter.com/jBS7jG34Sy
â Crypto MichaĂ«l (@CryptoMichNL) January 9, 2020
$BTC Price had an initial rejection off key area $8400s that previously as resistance/supportWatching for a pullback $7800s-$7900s before a bounce and push to the upside for retest
Not out of the bear woods yet, take it level by level, day by day pic.twitter.com/Vby6KexBIQ
â Josh Rager đ (@Josh_Rager) January 8, 2020
https://cointelegraph.com/news/bitcoin-price-can-bounce-to-95k-after-filling-futures-gap-analyst
Post Views: 252