BITCOIN IS ‘THE NEW GOLD’ SAYS US TELEVISION CELEBRITY LA LA ANTHONY, EXPECTS BTC TO HIT $200K!!

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For the first time since 2017, Bitcoin price pushed above $19,000, and multiple indicators suggest the BTC rally will continue on, breaking the $20,000 all-time high.

The BTC price hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017. 

Three key reasons are behind this strong momentum of the dominant cryptocurrency.

The main factors buoying BTC’s ongoing rally is whale accumulation, decreasing exchange supply and explosive volume trends.

Ali Mizani (Founder of FiCAS AG, Swiss) has predicted the BTC price since 2016 when Bitcoin was around $900. 

He predicted massive growth in Bitcoin up to $4k in a few months. His prediction forecast came true and on August 13th 2017, Bitcoin reached the price of $4,023. And again, he predicted the bitcoin price to reach $18K in 4 months. 

“BTC price will fall in the next weeks and will reach 1/5 of its ATH in the next 2 years,” he said. Live on a TV interview with IRIB channel 5. A few weeks later, the bitcoin price fell rapidly, below $7,000 by April 2018. Then on the 12th of December, 2018 Ali’s prediction came true and bitcoin touched $3,378.

His next Bitcoin prediction was to get highly close to $7-9k. 

“BTC Price will reach $7k – $9k at the very end of 2019,” he said on the 11th of April 2019.  As 2019 was coming to its end, the price of bitcoin was hovering around the $7,300 mark. 

Many predictions were off this mark, especially from bitcoin evangelists that were too optimistic with their estimates. Ali’s prediction became true and at the end of 2019, the closing price was about $7,240. 

Ali Mizani is a researcher, inventor, and futurist managing one of the most lucrative cryptocurrency asset portfolios worldwide. He is the Founder/CIO of FiCAS AG. a Swiss regulated professional company for crypto asset investment advisory.

Ali Mizani thinks the trend is going to be upwards. When Bitcoin hit around $16000, a lot of analysts think that the US election 2020 may have influenced the price, but he thinks that was a normal trend and with or without the effects of the US election on bitcoin price, no doubt, the trend had to be upwards.

He thought BTC will reach $18k to $20k by the end of 2020 and he was right again. And good news, it is not going to be the end of the line. He thinks the BTC price can and will reach $200k to $300k by the end of December 2021 to March 2022. 

In other trending Bitcoin News today:

“Ethereum 2.0 Confirmed For Dec. 1 Launch Just Hours Before Deadline”

Eth2’s beacon chain genesis has been confirmed for Dec. 1 following the transfer of 524,288 Ether (ETH) from 16,384 validators into the Eth2 deposit contract since it went live on Nov. 4.

Despite early concerns stemming from low staking participation, transfers to the deposit contract rapidly increased over the past day, with more than 200,000 ETH sent to the contract in the past 14 hours.

Ethereum 2.0’s beacon chain genesis is now set to take place on the earliest possible launch date of Dec. 1, with genesis taking place seven days after the required deposit contract’s threshold was met.

While genesis participants will not be able to withdraw their coins until ETH 2.0 reaches Phase 1.5 — which will merge the Ethereum mainnet with Eth2’s beacon chain and sharded environment — many hodlers are waiting for third parties to launch withdrawal-enabled staking services, despite the potential risk of exit scams.

The deposit contract’s threshold was met with roughly nine hours to go until its deadline.

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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:

🚀🚀🚀We did it! Ethereum’s proof of stake chain will launch on December 1st.

💯%. We have now reached the minimum necessary for chain launch, including the pending transactions pic.twitter.com/kPGNX6qqk6

— Evan Van Ness (@evan_van_ness) November 24, 2020

99%

— vitalik.eth (@VitalikButerin) November 24, 2020

If Bitcoin flippened Gold, each Bitcoin would be worth $450,000.

— Dan Held (@danheld) November 23, 2020

https://www.prnewswire.com/news-releases/bitcoin-will-reach-200k-300k-by-the-end-of-2022–predicts-ali-mizani-oskui-cio-of-ficas-ag-301179599.html

https://cointelegraph.com/news/eth-2-0-confirmed-for-dec-1-launch-just-hours-before-deadline

https://cointelegraph.com/news/why-bitcoin-price-just-hit-19-000-for-the-first-time-in-3-years

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Here’s the ‘4 Long-Term Bitcoin Scenarios’ shared on Crypto Twitter that are most likely to play out according to well known Cryptocurrency analyst Alex Kruger:

#1 – Bitcoin becomes a global reserve currency. Current hodlers, all proven to be early, get immensely rich.

#2 – Scarcity keeps price going up forever. Bitcoin continues to outperform. Investors do extraordinarily well.

#3 – After a few more epic runs $BTC eventually matures and settles into a wide range, like most commodities do (in real-terms). Bitcoin maxis turn into goldbugs 2.0.

#4 – Bitcoin dumps into oblivion. People keep on buying the dip. Bitcoiners get REKT.

In other Crypto news today…

Drastically dropping volumes on Crypto exchanges could mean that it’s the calm before the storm for the BTC price.

Bitcoin volume on BitMEX, the leading destination for trading crypto derivatives, reached $784 million worth of BTC, its lowest level since March 30th. 

The last time the BitMEX exchange recorded such underwhelming numbers, the BTC price surged by more than 20 percent just two days later, kick-starting the 2019 bull run.

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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:

Four long-term bitcoin scenarios#1 Bitcoin becomes a global reserve currency. Current hodlers, all proven to be early, get immensely rich.

#2 Scarcity keeps price going up forever. Bitcoin continues to outperform. Investors do extraordinarily well.

— Alex Krüger (@krugermacro) November 16, 2019

#3 After a few more epic runs $BTC eventually matures and settles into a wide range, like most commodities do (in real-terms). Bitcoin maxis turn into goldbugs 2.0.#4 Bitcoin dumps into oblivion. People keep on buying the dip. Bitcoiners get REKT.

Which one is more likely?

— Alex Krüger (@krugermacro) November 16, 2019

Ugly.. Look at that volume on Bitmex. 784 Million.The last time 24 hour volume was this low was March 30th. Go ahead, look at that date on the chart.

Realized and ATM Implied Volatility all at lows as well. $BTC pic.twitter.com/fvKJ64mCZ3

— Cantering Clark (@CanteringClark) November 17, 2019

Bitcoin Weekly Forecast: BTC Price Turned Sell On Rallies

https://u.today/bitcoin-price-could-soon-pump-another-20-percent-as-trading-volumes-tank

https://cointelegraph.com/news/bitcoin-atms-worldwide-hit-new-milestone-surpassing-6-000

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Morgan Creek Digital co-founder and prominent Bitcoin advocate Anthony Pompliano says the BTC price will soar above $400,000 en route to an $8 trillion dollar market cap.

In a new interview with Peter McCormack, the host of the What Bitcoin Did podcast, Pompliano explains why he expects the king crypto will eclipse the market capitalization of gold.

“Here’s what I continue to tell people, name to me a business that was analog and got digitized and the digital version is smaller than the analog version. It doesn’t happen. It’s because digitization brings all kinds of advantages. It’s a market-expanding technology.

There are people [who] would debate what the size of the gold market is but let’s just use easy numbers. Let’s say that it’s $8 trillion. That puts Bitcoin at, depending on how many are lost or stolen, $400,000 [to] $450,000 today. Do you think that Bitcoin is going to be the equivalent of the gold market? I don’t. It’s better. It’s going to capture more market.”

To support his argument, Pompliano says Bitcoin is a story of technological evolution akin to internet-powered giants like Airbnb and Uber.

“One day, I believe we will say ‘Bitcoin is the largest currency in the world in terms of market cap and it will have no one controlling it.’”

As for the next two years or so, the Morgan Creek Digital executive is sticking to his prediction that BTC will skyrocket to $100,000 by the end of 2021.

Pompliano says the US government’s monetary policy of printing trillions of dollars in stimulus will be one of the main catalysts that will drive the value of the king coin.

“Now what we see is a world where gold, Bitcoin, real estate are all going to do really well. Because you simply can’t print trillion of dollars of a currency and have no impact on that currency.

We’re literally seeing the exact theoretical impact of quantitative easing become reality. They printed trillions. The dollar got weakened. When the dollar weakens, asset prices all explode.”

In other trending Bitcoin News today:

ANALYST: BITCOIN’S RECENT SURGE LOOKS LIKE THE START OF 2019’S 250% RALLY

According to the trader that predicted Bitcoin’s breakout at the start of 2019, BTC looks structurally similar to the 2018-2019 bear market bottom:

“Can’t believe I didn’t see it before. On the Weekly, classic pattern I call the “Smooth Transfer of Power” A. Bears get weaker as price descends B. Bulls silently buying all along take control C. Re-test of power D. Lift off Compare to the Monthly one, Crypto Winter ’18-’19.”

The trader is saying that should history rhyme, BTC is on the verge of an extended bull run.

The formation of Bitcoin’s candles isn’t the only trend that analysts see as a signal of an impending long-term bull run.

Bitcoin’s “Super Trend” on the weekly chart just printed a bullish candle for the first time since the start of 2019’s rally.

The trader who made this observation first wrote in regards to the chart below:

“The supertrend went green on the weekly. Probably no big deal. It’s not like this indicator has marked major macro bull & bear cycles in the past.”

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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:

Analyst: Bitcoin’s Recent Surge Looks Like the Start of 2019’s 250% Rally

https://cointelegraph.com/news/3-bullish-signs-that-overall-demand-for-bitcoin-is-skyrocketing