THIS BITCOIN CHART IS LIKE A ‘CHEAT CODE’ FOR CALLING BTC’S TOP TRAJECTORY!! $1M PRICE PREDICTION!!

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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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The BTC price faced a serious downturn this week, shedding more positions from above $9,500.

Now, the Bitcoin price is fighting for key support levels, in case it breaks down closer to the low $8,000s.

Bitcoin bounced on Friday, moving to $8,659.07 after dipping twice to the $8,500 tier.

At these price levels, the accounts in the money and out of the money are pretty well balanced.

The latest IntoTheBlock report shows that bitcoin may put up a serious fight around the $8,600 to $8,900 level, where 873,000 addresses are holding onto 643,000 BTC.

If that level breaks through, there are other signs of possible support levels between $8,100 and $8,300.

At that area, defense may come from an even larger group of 810,000 holders, who bought 593,000 BTC at this price point.

Addresses out of the money, if they decide to liquidate, may pose resistance at above $9,150.

But overall, the robust number of addresses in the money may lead to “hodling” behavior, giving bitcoin more resilience.

Chainlink (LINK) Up 40% despite Ongoing Crypto Meltdown; More Gains Coming?

Chainlink’s native token LINK was among the biggest gainers as a majority of assets in the crypto market plunged deeply earlier this week.

The eleventh-largest cryptocurrency beat the bearish odds to grow by more than 40 percent since February 26.

It established a week-to-day high at $4.38 in early Saturday trading, hinting its inclination to behave as a hedge against Bitcoin, the top asset that plunged by circa 16 percent this week.

“Chainlink is receiving tremendous exposure during this BTC, ETH retrace. It’s performing with the lights on. There will be a sizable increase in wallets. More excited evangelists. More tweets. More buying, less selling. Welcome All To The Brotherhoood. LINK”

The safe-haven narrative was not in play during most of the February session.

The LINK-to-USD exchange rate slipped almost in tandem with the rest of the crypto market after settling its year-to-date high of $4.90.

It was down by up to 36 percent before it even attempted a pullback.

But Chainlink validated its key supports, which other cryptocurrencies failed to maintain.

The coin bounced back from its 50-day moving average, showing higher buying interest near the area. It was not the case with Bitcoin or XRP, which plunged below their short-term moving averages in massive sell-off rounds.

Chainlink’s ability to maintain its crucial floors led to a decent recovery this week, opening up the possibilities of extended upside momentum in the next.

“A bullish retest of the monthly close bought up recently,” said popular market analyst CryptoGainz. [There is now] zero resistance above. Absolute juggernaut. No reason to think [LINK] won’t outperform the field again next month.”

2020 #bitcoin halving will not be an easy ride:– US/Mnuchin: draconian anti-btc laws– Craig Wright: legal & patent FUD– Hacks: like 2016 halving (DAO,Bitfinex)– MtGox & PlusToken selling narrative– Miner death spiral & futures FUD– Forks

Risk vs S2F:https://t.co/FIMcEZWDPn

— PlanB (@100trillionUSD) February 18, 2020

Massive $68 Trillion Wealth Transfer Bullish for Bitcoin (BTC), Says Crypto Influencer

A looming, massive transfer of wealth is one of the single largest reasons to be bullish on Bitcoin, according to crypto influencer Nick Chong.

Chong, a journalist and marketer at the HTC Exodus Bitcoin division, says Millennials will likely funnel a portion of inherited wealth from their parents and grandparents into BTC, a shift that bodes well for the leading cryptocurrency’s long-term prospects.

“Bitcoin’s most bullish statistic: millennials will inherit $68 trillion from baby boomers. Why? Confluence of distrust in institutions, devaluation of fiat, shift from gold to BTC, and the growth of digital tech will make Bitcoin investing a no-brainer.”

Cerulli Associates, an asset management research firm, estimates nearly 45 million US households will hand over $68.4 trillion in wealth to heirs and charity in the next quarter century.

Chong cites an April 2019 report from venture capital firm Blockchain Capital, which indicated that millennial interest in Bitcoin was increasing despite the bear market at that time. 

Wrote Spencer Bogart, a general partner at the firm,

“Younger demographics appear most inclined to purchase Bitcoin: 42% of those aged 18–34 said they are ‘very’ or ‘somewhat’ likely to purchase Bitcoin in the next 5 years — up 10 percentage points from 32% in October 2017.”

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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:

#Chainlink is receiving tremendous exposure during this $BTC, $ETH retrace. It’s performing with the lights on. There will be a sizable increase in wallets. More excited evangelists. More tweets. More buying, less selling. Welcome All To The Brotherhoood. $LINK

— John Cioffoletti (@JohnCioffoletti) February 27, 2020

Where’s money going? It’s clear money’s going into US10Y bonds (Blue). Money was going into Gold until recently (Black). Bitcoin (Orange) continues to be dragged down with stocks (Green) at this point.

BUT, the stage is set for #Bitcoin to do it’s own thing this weekend. $BTC pic.twitter.com/pZzgh225lK

— Alex Saunders (@AlexSaundersAU) February 28, 2020

With Crypto Markets, Gold, Stocks Falling, Where is the Money Going?

Chainlink (LINK) Up 40% despite Ongoing Crypto Meltdown; More Gains Coming?

Bitcoin Price Could Recover If Bulls Defend These Key Levels

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Even though the Bitcoin price has plunged to a seven month low today, it has all happened before and a recovery has followed as it will again.

There are several bullish factors building up that will cause a Bitcoin (BTC) trend reversal next year.

This time last year the BTC price had dumped to $3,700 and markets were in the depths of Crypto winter.

Here we are a year later with a 10% dump on the week to $6,600 as we approach the holiday season.

There may be more pain before any gains but a recovery will happen in 2020 and industry insiders are confident.

One Crypto analyst shared on Crypto Twitter:

“For those who are worried, remember this: Markets are simply about inflows and outflows. When:

• The halving cuts new daily issued bitcoin in half
• PlusToken finishes selling its bitcoin & ether
• More institutional on-ramps become available

Bitcoin will reverse and quickly”

In other Crypto news today, this (BTC) Bitcoin metric could trigger the next Bitcoin bull run.

There are a number of varying metrics that Bitcoin analysts use to predict future price movements of the asset.

One rarely used oscillator takes BTC energy value into account and it is flashing bullish at the moment.

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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:

For those who are worried, remember this:Markets are simply about inflows and outflows. When:✔️ The halving cuts new daily issued bitcoin in half✔️ PlusToken finishes selling its bitcoin & ether✔️ More institutional on-ramps become available

Bitcoin will reverse and quickly

— Nicholas Merten (@Nicholas_Merten) December 17, 2019

Energy Value Oscillator.Bitcoin’s price as a percentage of its Energy Value.2019 looks VERY similar to the starting characteristics of prior bull runs.

Just need to see that uptick in Hash Rates 🚀 pic.twitter.com/zd82aHMlXt

— Charles Edwards (@caprioleio) December 17, 2019

Getting some questions about why in previous halvings (November 2012 and July 2016) it took well over a year for the market to start surging..

Well, it didn’t .. look for yourself: in the chart the halving is when blue turns to red: the market immediately rises after a halving🚀 pic.twitter.com/geL71dJOV7

— PlanB (@100trillionUSD) December 3, 2019

Things I expect to happen over the next 4-5 months due to the impending Bitcoin halving:– BTC shorts close out– People re-accumulate BTC if they had sold– Miners start to hoard (e.g. borrow USD against assets)– Under performing altcoins sold for BTC

– Bulls lever up

— Alistair Milne (@alistairmilne) December 16, 2019

https://bitcoinist.com/next-bitcoin-bull-market-could-be-triggered-by-this-metric/