đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Bitcoin (BTC) can surge to $92,000 in the next two weeks and still âonlyâ be matching its past performance, new data claims.
In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models, noted that despite this weekâs gains, BTC/USD still has plenty of energy in it.
âI calculated BTC price needed for RSI 95 at April close: $92K. Letâs see what the Coinbase IPO will do today.â
In other trending Bitcoin News today:
Bitcoin Charging to $120,000, Says Veteran Trader Tone Vays â Hereâs When
Veteran trader and crypto analyst Tone Vays says that Bitcoin (BTC) is headed towards $120,000 and reveals when he thinks the flagship cryptocurrency can get there.
In a new video, Vays tells his 105,000 YouTube subscribers why he thinks Bitcoin is close to hitting his bullish near-term price target of around $80,000.
đ„ Daily Letter: http://letter.cryptonewsalerts.netââââââ
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
Bitcoin Charging to $120,000, Says Veteran Trader Tone Vays â Hereâs When
https://cointelegraph.com/news/ether-price-flirts-with-2-400-ath-as-irreversible-hard-fork-looms
You Might also like
-
MAX KEISER REAFFRIMS HIS 0K BITCOIN (BTC) PREDICTION; ETH, BSV, BCH, AND DEFI SCAMS GO TO ZERO!!
âĄïž September 9th â Teeka Tiwariâs âSet For Lifeâ Summit: Register here: http://teeka.cryptonewsalerts.net
In a recent interview with Cointelegrpah, Max Keiser, host of the Keiser Report reaffirms his $400K Bitcoin price prediction while ETH, BSV, BCH, and DeFi scams go to Zero.
Max sees the BTC price climbing to $28,000 in the short term before seeing any major pullback and goes on to share that his $100,000 Bitcoin price prediction he made back in 2011 is still currently in play.
He recently increased his $100,000 Bitcoin prediction to $400,000 because heâs completely confident in that BTC will compete with gold.
In other trending Bitcoin News today:
$100,000 Bitcoin Prediction From Three Arrows Capital CEO Goes Viral As BTC Holds Above $10,000
A Bitcoin prediction from the CEO of the fund management firm Three Arrows Capital is going viral.
In a post on Friday, Su Zhu initially predicted that he expected Bitcoin to pull back to below $9,000.
âReality is that markets frequently retrace one third or more in bull markets after local euphoria. BTC $8,800 and ETH $320 are perfectly healthy targets and your trading plan needs to incorporate nonzero probabilities to such levels.â
But the top cryptocurrency appears to be defying Zhuâs expectations as it continues to hold steady above support of $10,000.
According to the executive, Bitcoinâs resilience is a sign that the top cryptocurrency will reach monumental heights.
âETHÂ $320 as a bottom made sense and played out; BTCÂ I am actually flabbergasted by the strength shown at $10,000 and probably means $100,000 is more likely than $5,000 at this stage.â
In addition to Bitcoin, Zhu is closely monitoring the action in the decentralized finance (DeFi) space.
He says thereâs much to be learned from the craze and its various exit scams and scandals.
Zhu believes that while thereâs a lot that can be improved in DeFi, the nascent sector has the potential to rise up and compete with the more established centralized finance (CeFi) markets.
In other trending Cryptocurrency news:
Top Strategist Outlines Path Ahead for Bitcoin, Ethereum, and XRP After Major Market Correction
âBitcoin â finally, liquidity at the lows taken. Reclaim of $10,000 would mean a S/R flip and a very probable chance weâll look for liquidity above the range highs.
That would suit a bounce towards $10,750-10,900 and majority of the markets bounce 25-40%.â
As for Ethereum, Van de Poppe still believes in the coinâs long-term bullish potential even amid the heavy correction.
âETH is one of the coins youâd want to hold for the coming years. The lower, the better.â
Although the trader remains optimistic that ETH will eventually regain its bullish tone, heâs not eliminating the possibility that the second-largest cryptocurrency can go below $300.
âWhat is the level to hold for Ethereum? Clearly, it is the $245 area. If we get into this zone, that might be the long opportunity of a lifetime, if we get anywhere close to the weekly level around $245.â
Should Ethereum hit support at $245, Van de Poppe says the pullback could set up the coin for a major rally to $800.
Meanwhile, van de Poppe is looking forward to buying the dip in XRP. The fourth-largest cryptocurrency has hit his first buy target at $0.2458 in the midst of a retracement, and Van de Poppe is eyeing support at $0.21245.
âXRP Takes ages, but weâll get there.â
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
One of the massive levels of $ETH is coming up.If you want to catch a long, that’s one of those zones.
First bounce area towards the $400 zone.$ETH is one of the coins you’d want to hold for the coming years.
The lower, the better. pic.twitter.com/sm1iPgbGYi
â Crypto MichaĂ«l (@CryptoMichNL) September 5, 2020
Post Views: 214 -
ANTHONY POMPLINAO SAYS BITCOIN TARGETING 5K BY END OF 2021!! BTC WILL SOAR 10-20X THIS BULL RUN!!
âĄïž Leverage OPM (Other Peopleâs Money): http://100.cryptonewsalerts.net
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.
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
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: 216 -
Bitcoin Set to Begin 0K Meteoric Bull Run â But Ethereum and Certain Altcoins Will Outperform BTC
âĄïžÂ Teeka Tiwari â Investment of the Decade:  http://2020.cryptonewsalerts.net
The crypto-focused venture firm Pantera Capital just released its latest outlook on Bitcoin and the overall crypto markets.
In a note to investors, CEO Dan Morehead says he expects an ongoing tidal wave of money printing to boost BTC as investors search for assets with a fixed supply.
âThat tsunami of money will have a large impact on many things. In our markets it seems inevitable that it will push up the price of fixed-quantity things like bitcoin. If there are trillions more paper dollars, the law of supply and demand implies much more paper money to buy the same amount of cryptocurrency.â
Panteraâs analysis shows the Bitcoin price targeting $150,000 by August of next year.
As for the altcoin market, Pantera co-chief investment officer Joey Krug points out a number of coins have outperformed BTCâs 34% gains this year, including a 98% rise in 0x (ZRX), a 97% surge in Augur (REP) and an 88% jump in Ethereum (ETH).
Itâs a trend that Pantera expects to continue in a new bull cycle.
âDuring cryptocurrency bull markets, we expect assets outside of bitcoin (alt-coins or alts) to outperform⊠Historically, alts havenât outperformed until mid to late in the bull cycle.
For instance, from Jan 1, 2016 to Dec 31, 2016 bitcoinâs share of the market dropped from 91% to 87%. But by the end of 2017 it was down to 38%. Itâs currently sitting at 65%.
The implication here is that over time we expect the performance gap between alts and bitcoin to widen over the course of the next year, with alts outperforming.â
According to Krug, another boom for initial coin offerings is unlikely to happen, and coins will need to prove their utility this time around.
The firmâs multi-currency hedge fund is currently outperforming BTC by about 20%.
In other trending Bitcoin News today:
Billionaire Chamath Palihapitiya Says He Bought 1,000,000 BTC in 2013, Warns Bitcoinâs Success Will Spell Global Economic Catastrophe
Chamath Palihapitiya views Bitcoin as financial doomsday insurance.
The 43-year-old billionaire, venture capitalist and chairman of spaceflight company Virgin Galactic says on the Unchained Podcast that investors should apportion 1% of their portfolio to BTC and hope it never pays off.
âI just think that if people have been hard working, with their heads down, they should have an opportunity to make sure that they donât get wiped out if the government itself just continues to make a string of bad decisions that then have rising consequences. And Bitcoin, to me, is the only thing that Iâve seen so far that is really fundamentally uncorrelated to that decision-making process and to that decision-making body.Â
Because at the end of the day, any other asset class â equities, debt, real estate, commodities â theyâre all tightly, tightly coupled to a legislative framework and an interconnectedness in the financial markets that brings together many of the governments that are sort of behaving this way. And so itâs almost like a bet against the ruling class in some ways, and making sure that you have a small amount of insuranceâŠ
Insurance is something that pays off 1,000 bucks to a buck. You want these massive, massive asymmetric payoffs, because you want to be sure that a small amount of insurance can basically make you whole. And thatâs why I think that you should just take 1% of your portfolio, put it in Bitcoin, never look at it⊠and hope that that 1% goes to zero.âÂ
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
https://cointelegraph.com/news/4-reasons-bitcoin-price-suddenly-slid-below-9k-liquidating-55m
Post Views: 210