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Closely-followed cryptocurrency trader Michaël van de Poppe is unveiling how high Bitcoin, Ethereum, Cardano and a handful of other crypto assets can rise before this bull market expires.
In a new tweet, Van de Poppe tells his 192,000 followers that he expects Bitcoin (BTC) to end the bull market with a price tag between $350,000 and $450,000. From BTCâs current value of $58,427, the traderâs apex target represents an upside potential of over 670%.
In other trending Bitcoin News today:
XRP Surpasses $1 For The First Time Since 2018: Whatâs Behind The New Rally?
The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion.
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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:
https://cointelegraph.com/news/xrp-surpasses-1-for-the-first-time-since-2018-what-s-behind-it
https://cointelegraph.com/news/bitcoin-s-1-trillion-market-holds-for-10-days-straight
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BITCOIN WILL RISE TO $4 MILLION PER BTC IN NEXT 18-24 MONTHS, SAYS GLOBAL EQUITIES RESEARCH!!!!!
đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Global Equities Researchâs Trip Chowdhry in a note to clients said he thinks the Bitcoin price will rise from $54,000 to $4 million per BTC.
âWe are of the opinion that Bitcoin will get to $4 million per Bitcoin, in the next 18-24 months,â wrote the analyst.Â
Chowdhry also shares 5 reasons why he is confident that the BTC price will reach $4 million.
In other trending Bitcoin News today: Bitcoin âsupercycleâ sets up Q4 BTC price top as illiquid supply hits all-time high!
Bitcoin is gearing up for a comeback which should lead it to repeat classic bull run years 2013 and 2017, analysts are arguing.
As $42,400 local highs appeared on July 31, narratives around the market are flipping back to a bullish Bitcoin âsupercycle.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:
https://www.forbes.com/sites/chuckjones/2021/07/31/one-analyst-has-bitcoin-reaching-4-million/?sh=3b81e5196611
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CRYPTO ANALYST CONFIRMS 8K BITCOIN (BTC) PRICE ON TRACK!! THESE 5 DEFI ASSETS HAVE 100X POTENTIAL
âĄïž REPLAY â Teeka Tiwariâs âSet For Lifeâ Summit: Register here: http://teeka.cryptonewsalerts.net
Crypto Analyst âBig Crypto Daveâ plotted his latest Bitcoin prediction chart which shows the BTC price right in alignment with PlanBâs $288,000 Stock-to-Flow model.
âSome might deem my support for the S2F chart as merely confirmation bias. They must not know of my education in macroeconomics and modern money mechanics. Every time I plot a bitcoin chart based on hardware & trend, itâs close to his 288k prediction.â
When asked on Crypto Twitter, âWhatâs your timeline? New ATH 2023? Do you agree that the cycles are getting longer?â
Big Crypto Dave respondedâŠ
âQ4 2021. Not really, need to see what happens this cycle for confirmation.â
In other trending Bitcoin News today:
5 Crypto Assets Have 100x Potential After Market Correction, Says Lark Davis
Crypto investor and influencer Lark Davis is naming five DeFi tokens that he believes are likely to exponentially rise after the current market correction is over.
Number one on Davisâs list is Akropolis (AKRO) which he says offers stellar DeFi products.
âThings like Sparta which allow you to take under-collateralized loans so the borrower only has to provide 50% of the collateral for the loan which is pretty damn cool. It also allows you to passively generate yield via integrated yield rebalancing to help you get maximum available APR from different DeFi protocols.Â
The second product that they have on offer is called Delphi. Now this is a pool that allows for automatic dollar-cost averaging into Bitcoin and Ethereum as well as yield harvesting from different popular DeFi platforms.â
The next coin is Meta or mstable (MTA) which Davis explains is focused specifically on the stablecoin market.
âMstable is a protocol that unites stablecoins, brings together lending, brings together swapping, all into one robust standard, basically allowing for unique savings options for stablecoins and trading for stablecoins with zero slippage.â
Davis says MTA has huge upside potential considering that the stablecoin market is growing so fast.
Number three on the list is Tellor (TRB) which Davis believes will become a major player in the oracle space, competing against the likes of Chainlink (LINK) and Band Protocol (BAND).
Although Tellor is down 65% in a little over a week, Davis predicts that one TRB will equal one Ethereum as he sees the crypto token being valued at $400 to $500 in the future.
Coming at number four is bZx Protocol (BZRX) which Davis labels as a âDeFi beast.â
âToken holders can stake their coins to get a cut of the fees on lending, on borrowing, and on trading across these different platforms that are part of the bZx protocol.â
While he says the token is down a whopping 60%, Davis believes that it is the most undervalued DeFi asset and could easily print a 10x growth.
Last on Davisâs list is Kava (KAVA) which he believes has the potential to be the next Maker DAO.
He says that Kava will be supporting Bitcoin before the year ends and that may serve as a major bullish catalyst for the crypto asset.
Davis also says now is an interesting time to enter positions on Kava as it is down 55% from two weeks ago.
The crypto analyst believes that Kavaâs market cap will spike from $84 million to billions of dollars during this bull market.
Meanwhile, Lark Davis highlights that he owns some, but not all of the coins on the list and warns traders that anything can happen in the extremely risky and nascent market.
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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:
Some might deem my support for the @100trillionUSD S2F chart as merely confirmation bias. They must not know of my education in macroeconomics and modern money mechanics. Every time I plot a #bitcoin chart based on hardware & trend, it’s close to his 288k prediction. pic.twitter.com/PuYD7pO29d
â Big Crypto Dave (@Crypto_Dave_) September 6, 2020
https://ecoinometrics.substack.com/p/ecoinometrics-august-05-2020
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BITCOIN SURGED 4,000% AFTER IT TOOK THIS LEVEL IN 2016. IT JUST HAPPENED AGAIN!! | BTC Halving 2020
âĄïžÂ TEEKA TIWARI â 5 Coins To $5 Million: http://final5.cryptonewsalerts.net
BITCOIN RETAKES CRUCIAL KEY LEVEL THAT CATALYZED
4,000% RALLY According to a crypto trader, Bitcoinâs strong rebound in April saw the BTC price close its monthly candle above a key level of the Ichimoku Cloud on the one-month chart.
This is relevant for BTC because the last time Bitcoin claimed this technical level was in early 2016, when the Bitcoin price was trading around $500 and prior to the 4,000% rally that brought the cryptocurrency to $20,000 just 20 months later.
This historical precedent suggests that the crypto market is on the verge of its next parabolic rally.
This is the latest of many historically-relevant signs that Bitcoin is soon going to erupt into a full-blown bull run.
Bitcoinâs trend earlier this week was so strong that amid the peak of Wednesdayâs rally a trader observed an unexpected technical occurrence:
The relative strength index (RSI) reading of Bitcoinâs one-hour chart hit 96.5 â just a few points shy of the top of the oscillator, 100.
Traditional forms of technical analysis state that whenever the RSI passes the level of 70, it is overbought over the time frame that is being analyzed.
The fact that Bitcoinâs one-hour RSI briefly hit 96.5 means that it was extremely overbought, almost to the point of lunacy.
According to a crypto trader, the last time this metric was this high for BTC was in April 2019, on the day that the cryptocurrency rocketed 25% higher within the span of a few hours.
What followed this move was an extended rally from the $4,000s to $14,000 within three months.
Similarly, a trader shared the chart in the wake of Bitcoinâs recent strength, noting that the rising wedge that had constrained Bitcoinâs price for the past six weeks has been decimated, with clear invalidation to the upside.
Whatâs especially notable about this formation of BTC breaking above a rising wedge after a bear market, this is the exact same market structure that marked the start of 2019âs bull run, which brought prices from the $4,000s to $14,000 in three monthsâ time.
In other trending Bitcoin News today:
Bitcoin Supercycle Theory Ignites Crypto Twitter As BTC Halving Approaches
A prediction that Bitcoin (BTC) is about to begin a fourth parabolic phase that will bring the leading cryptocurrency to more than a quarter-million dollars is lighting up the cryptoverse.
A post revealing the new forecast from price analyst PlanB shot across crypto Twitter this week, with more than 4,200 likes.
But the forecast itself has reignited the great debate on the relationship between Bitcoinâs halving â which will slash the rate of new BTC entering the market in a matter of days â and the price of BTC.
According to PlanB, who recently told Morgan Creek Digital co-founder Anthony Pompliano that heâs a member of an institutional investment team that manages roughly $100 billion in assets, his latest stock-to-flow model shows BTC rising to $288,000 by the end of 2024.
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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:
Daily Ichimoku will very likely confirm fully bullish on todays close, as well as 2D Kumo Breakout with a bullish Kumo Twist
I cannot not be bullish on Q2. I want to buy dips. pic.twitter.com/1OUDSintY9
â Smokey (@TraderSmokey) May 1, 2020
Bitcoin Supercycle Theory Ignites Crypto Twitter As BTC Halving Approaches
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