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Crypto analyst shares new Bitcoin floor & top models implemented into S2F-M2 suggesting the following price predictions:
âLatest Bitcoin price, 28-Oct-2021:
$BTC: $60,565
S2F model: $93,844
S2F-M2 model: $77,146
S2F-M2 Top model: $151,861
S2F-M2 Floor model: $38,573
Predicted Bitcoin price, 28-Oct-2026:
S2F model: $1,031,863
S2F-M2 model: $610,379âł
In other trending Bitcoin News today: Bitcoin Needs To Pull Back Hard This Weekend in Order To Rally Next Week, Says Crypto Analyst Tone Vays!
Vays thinks a $55,000 Bitcoin would present a great entry opportunity but doesnât rule out a slightly larger correction before ascending to $100,000.
âMy worst-case scenario really is $52,000 or $53,000. Itâs my worst-case scenario. I donât see us breaking below this support area, and then I still see $100,000 around end of year. Iâm expecting a huge rally any minute.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://cointelegraph.com/news/ethereum-s-new-all-time-high-prepares-eth-for-continuation-to-5-000
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BITCOIN WILL HIT BITCOIN WILL HIT $1 MILLION IN 5 YEARS!! THESE ALTCOINS COULD RISE 100-1000X THIS BTC BULL CYCLE!! MILLION IN 5 YEARS!! THESE ALTCOINS COULD RISE 100-1000X THIS BTC BULL CYCLE!!
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Raoul Pal, the former Goldman Sachs hedge-fund manager who founded Real Vision, said the Bitcoin price will hit $1 million in five years.Â
In an interview with Stansberry Research on October 7, he pinned the predicted the BTC price increase to a wave of institutional funds pouring an âenormous wall of moneyâ into the asset.
Bitcoinâs price has exploded about 40% year-to-date, and is currently worth $11,387. It is also the largest digital currency by market capitalization, with a current value of about $200 billion, according to data published by Statista.
âYeah, I think [$1 million is] about right. Just from what I know from all of the institutions and all of the people I speak to, there is an enormous wall of money coming into this,â he told host Daniela Cam-bone.
âItâs an enormous wall of money. Just the pipes arenât there to allow people to do it yet, and thatâs coming, but itâs on everybodyâs radar screen and thereâs a lot of smart people working on it.â
Pal, currently the co-founder and CEO of Global Macro Investor, said the global economy is moving from the âhope phaseâ to the âinsolvency phaseâ as investors realize an economic recovery from the COVID-19 pandemic will take much longer than anticipated.
âThe economy is not going to recover for a lot longer than we expect,â he said.
âThereâs no stimulus around and weâve got more problems to come in Europe, the US, and elsewhere. And businesses donât have enough cash flow, theyâre closing in droves and thatâs what I called the insolvency phase.â
âThe only answer is more from the central banks, so thatâs why I started to buy more and more Bitcoin,â he added.
At one point, Palâs portfolio used to be equally distributed between dollars, gold, equities, and Bitcoin.
But during the interview, he disclosed that the percentage of Bitcoin he holds is âprobably above 50% now.â
He admitted that the above 50% allocation exposes him to a significant downside, but accepts that as the upside is âso much bigger.â
In other trending Bitcoin News today:
Select Altcoins Could Rise 100-1000x in Renewed Bitcoin Bull Cycle, Says Crypto Trader Lark Davis â Here Are Some of His Top Picks
Popular cryptocurrency analyst Lark Davis says altcoins will prove to be the best investments of 2021.
In a new video, Davis discusses which altcoin sectors heâs bullish and bearish on going into the next year.
He says Bitcoin will do well, but suggests avoiding payment coins and Bitcoin forks like Bitcoin Cash (BCH), Bitcoin Satoshi Vision (BSV), Litecoin, Dash (DASH) and others.
He believes that stablecoins âhave won the dayâ in that sector.
Davis also suggests avoiding new stablecoin projects and low-liquidity variants to the main players like Tether (USDT) and USD Coin (USDC).
Additionally, the analyst is bearish on Ethereum Classic, which he refers to as a âzombie chain.â
He also warns against investing in âcheap copy-and-paste DeFi,â given that there is a flood of clones still entering the market.
By contrast, Davis is bullish on âstrong DeFi playersâ like Aave (LEND), Synthetix (SNX) and Ren (REN). He also says traders with enough capital should try farming Compound (COMP) and Uniswap (UNI).
Davis says heâs especially interested in the rise of DeFi on strong smart-contract platforms not named Ethereum.
That includes Cardano (ADA), Polkastarter (POLS) and Acala (ACA) on Polkadot (DOT), as well as Kava (KAVA), BAND Protocol (BAND) and the upcoming Persistence on Cosmos (ATOM).
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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/i-would-not-short-bitcoin-buy-the-dip-zone-now-11k-says-tone-vays
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John McAfee Launches Decentralized Cryptocurrency Exchange McAfeeDex in Beta!
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John McAfee, American entrepreneur and vocal Cryptocurrency advocate has launched a decentralized exchange (DEX) running on the Ethereum (ETH) blockchain.
McAfeeDEX is set to run in a beta release status as of Oct. 7th today, according to the new platformâs official website and John McAfeeâs Twitter personal feed.
McAfee tweeted, âThe McAfee Distributed Dex beta version is coming 10/7. Play with it. It takes time for enough users to join to make it real, but if you play, and be patient, you will see itâs the door that frees us from Governmentâs cornerstone of control: Fiat currencies. It canât be shut down.â
In other Bitcoin news today:
BTC and the entire Crypto market is pumping as most all the major cryptocurrencies are in the green.
Are Altcoins ready to explode?!
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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.
News Resources From Todayâs Show:
The McAfee Distributed Dex beta version is coming 10/7. Play with it. It takes time for enough users to join to make it real, but if you play, and be patient, you will see it’s the door that frees us from Government’s cornerstone of control: Fiat currencies. It can’t be shut down pic.twitter.com/W3XCExspQT
â John McAfee (@officialmcafee) October 5, 2019
https://cointelegraph.com/news/john-mcafees-decentralized-crypto-exchange-launches-in-beta
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K BITCOIN PRICE TARGET âBEFOREâ GOING PARABOLIC!! RICH DAD AUTHOR ROBERT KIYOSAKI BULLISH ON BTC!
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Popular Cryptocurrency analyst CryptoBull says the Bitcoin price is heading to $33K by July âBEFOREâ the BTC price goes parabolic.
He shared the following bullish Bitcoin price prediction on Crypto Twitter to his 156.5K followersâŠ
âAlright⊠letâs stay realistic here⊠$33k by july⊠and then we go parabolicâ
The keyword here being âREALISTICâ which you have to respect.
Another popular Crypto analyst âLark Davisâ tweeted the following:
âQuick reminder that the price of Bitcoin went from $11,000 to $20,000 in 14 days back in 2017. This market is a powder keg!â
In other trending Bitcoin News today:
COVID-19 Vaccine Will Spark Bitcoin âCrashâ â Rich Dad Poor Dad Author
Bitcoin (BTC) will âcrashâ when the world finds a coronavirus vaccine that works, popular author Robert Kiyosaki claims.
In a tweet on Sep. 15, Kiyosaki, famous for his book, âRich Dad Poor Dad,â warned that a functional solution to Covid-19 would send safe-haven assets plummeting.
âWhat happens when vaccine is proven? Gold silver Bitcoin will CRASH. Buying opportunity. Real problem NOT Pandemic. Real problem massive US debt. US Bankrupt. $28 T balance sheet debt. $120 T off balance sheet social obligations. Gold silver Bitcoin best investments long term.â
Continuing, Kiyosaki argued that the virus was masking the ârealâ issues at stake for the United States economy in particular.
With $26.7 trillion in debt according to monitoring resource U.S. National Debt Clock, much of which appeared via stimulus measures since Covid-19 hit, the country is now âbankrupt.â
The argument in favor of long-term investment in Bitcoin has become more and more public since Marchâs cross-asset market crash.
Despite current strength, the U.S. dollar is broadly seen as being in a downward spiral which will only worsen thanks to Federal Reserve policies â also ostensibly intended to counter coronavirus fallout.
The U.S. dollar currency index has buoyed Bitcoin and gold in recent months, underscoring inverse correlation which remains a major consideration for traders.
On Wednesday, the Fed is set to deliver fresh comments on the future of its market participation, further raising the prospect of dollar volatility.
Another trend highlights increases in BTC/USD as the debt amassed by central banks worldwide ballooned this year.
Kiyosaki meanwhile remains an outspoken supporter of Bitcoin, whatever the weather.
In August, he urged Twitter followers to buy the cryptocurrency before a âmajor banking crisisâ appeared.
Dollar weakness and Fed meddling in the economy likewise formed the impetus behind his advice.
Warren Buffett exiting U.S. banking investments and buying gold was another alarm bell for the author.
âWhatâs Warren Buffet doing? Warren Buffett has a huge cash position, heâs recently moved into gold stock, which is a very different kind of investment than heâs used to making over the past decades, and as of this week heâs now got a big position in Japanese stocks,â RT host Max Keiser, who often presents similar conclusions about the economy, continued in an interview this weekend. âHeâs getting out of the dollar; I think thatâs pretty clear. That should be a red flag to folks out there â that one of the worldâs most successful investors is getting out of the dollar.â
Also in August, Keiser forecast that Bitcoin would hit a new all-time high in the near future as the current economic situation plays out.
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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:
% of world using the Internet in 1995 = 0.5%% of world using the Internet in 2020 = 60%% of world using Bitcoin in 2020 = 0.5%â°â°
What do you think the price will be when 60% of the population is using Bitcoin?
â Dan Held (@danheld) September 18, 2020
What happens when vaccine is proven? Gold silver Bitcoin will CRASH. Buying opportunity. Real problem NOT Pandemic. Real problem massive US debt. US Bankrupt. $28 T balance sheet debt. $120 T off balance sheet social obligations. Gold silver Bitcoin best investments long term.
â therealkiyosaki (@theRealKiyosaki) September 15, 2020
UNEMPLOYED BANKERS. Did Buffet dumping BIG BANKs signal end of banks? Is crypto US dollar next? Will crypto US $ mean more loss of freedom & privacy? More Orwellâs 1984 BIG BROTHER? Will Fed replace bankers? Is Fed Big Brother? More reasons to buy gold silver Bitcoin now.
â therealkiyosaki (@theRealKiyosaki) September 17, 2020
https://cointelegraph.com/news/covid-19-vaccine-will-spark-bitcoin-crash-rich-dad-poor-dad-author
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