ANTHONY POMPLIANO – XRP And Ripple New Outlook | Brad Garlinghouse Interview

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

Prominent crypto analysts PlanB and Willy Woo say that Bitcoin is just getting started on its journey towards mass adoption.

In a three-way interview on The Investor’s Podcast Network, on-chain data expert Woo reveals that by his estimations, whales are heavily accumulating BTC while retail investors are just getting started, indicating that Bitcoin is still in the early stages of a bull market.

“What we expect right now is that eventually retail will come in and that’s what we’re seeing right now… We’re seeing this quiet accumulation of even more whales come in and we’re seeing the very first hints of retail. And when retail comes in, you’ll see the inventory on spot exchanges increase. Now they increase because retail are small holders and they tend to store their coins on the Coinbases of this world. 

In the later phases of this bull market, you’ll see the inventory on these exchanges increase and we’re still not seeing that yet. So we’re all really early in this phase. 

It’s just mind blowing how different it is in that the length of the accumulation off of exchanges is so long and so deep. And secondly, the amount of whales which are holders of more than 1,000 coins, so around $35 million, $40 million of Bitcoin upwards, they’re exploding in numbers right now and we’ve never seen such a sharp climb in that species of holders.”

Woo goes on to explain that, although the cycle may still be in its infancy, the trader has not quite seen a bull market like this one, predicting that Bitcoin will likely never dip below $30,000 again.

PlanB echoes Woo’s bullish outlook, hypothesizing that there is likely at least half a year left in the current bull cycle.

“I totally agree with Willy that we’re in a bull market and in the early phase so we have a long way to go if you ask me. We’re in the bull market since November-December, so we have at least a half year to go.”

The traders’ targets for BTC this cycle also indicate that the flagship cryptocurrency has plenty of room to run this cycle.

Woo says that his mean reversion model shows BTC at least doubling by the time it reaches a top.

“This is a mean reversion model. Fancy words for saying that everything tends towards averages… Right now, when I’m looking at it, it’s $102,000 and it tends to curve upwards. So we’ve still got a bit of room to move.”

In a Twitter post, PlanB makes two predictions using the stock-to-flow model.

PlanB says that if the current cycle behaves like the 2013 cycle, then a price target of $300,000 BTC is in the cards. If it behaves like the 2017 cycle, then $100,000 BTC is the key level instead.

“It already tells a lot. There’s a lot of people thinking that cycles are going to be longer and lower, but well, this data point shows it’s right in the middle of the last two halvings and not lower, so that’s one point. The other point is the chart also shows that after the initial bull market, it will sort of stabilize at an equilibrium after the bull market so it goes down and it stabilizes. For 2013, that was around – if you compare to current price levels – around the $300,000 level. If you look at the more current 2017 bull run, that sort of stopped at the $100,00 level and I find those very interesting of course because those are exactly the price levels of my stock to flow model.” 

In other trending Bitcoin News today:

“$50K and BTC’s biggest weekly candle ever: 5 things to watch in Bitcoin this week”

🔥 Daily Letter: http://letter.cryptonewsalerts.net​​​​​​

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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:

Dear Indian #Bitcoiners
Gandhi marched to the sea and made his own salt, an act of civil disobedience that defeated an empire #Bitcoin is civil disobedience that allows you to make your own money Oppressive, centralized, money-printers are collapsing

The Rupee is dead. pic.twitter.com/bfj45wkCBd

— Max Keiser (@maxkeiser) February 14, 2021

https://cointelegraph.com/news/50k-and-btc-s-biggest-weekly-candle-ever-5-things-to-watch-in-bitcoin-this-week

➡️ September 9th – Teeka Tiwari’s ‘Set For Life’ 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 he’s 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.

“Reality 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.”

But the top cryptocurrency appears to be defying Zhu’s expectations as it continues to hold steady above support of $10,000.

According to the executive, Bitcoin’s resilience is a sign that the top cryptocurrency will reach monumental heights.

“ETH $320 as a bottom made sense and played out; BTC 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.”

In addition to Bitcoin, Zhu is closely monitoring the action in the decentralized finance (DeFi) space.

He says there’s much to be learned from the craze and its various exit scams and scandals.

Zhu believes that while there’s 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

“Bitcoin – finally, liquidity at the lows taken. Reclaim of $10,000 would mean a S/R flip and a very probable chance we’ll 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%.”

As for Ethereum, Van de Poppe still believes in the coin’s long-term bullish potential even amid the heavy correction.

“ETH is one of the coins you’d want to hold for the coming years. The lower, the better.”

Although the trader remains optimistic that ETH will eventually regain its bullish tone, he’s not eliminating the possibility that the second-largest cryptocurrency can go below $300.

“What 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.”

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.

“XRP Takes ages, but we’ll get there.”

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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:

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

— Crypto Michaël (@CryptoMichNL) September 5, 2020

https://dailyhodl.com/2020/09/06/top-strategist-outlines-path-ahead-for-bitcoin-ethereum-and-xrp-after-major-market-correction/

💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts

In this live Bitcoin Technical Analysis session with special guest, top analyst Philip Swift, he reveals we are still in a bull market and still have long way to go with a lot of BTC price appreciation before the HODL Waves comes down to 45% which will take us well beyond $100K per Bitcoin this cycle.

Philip says it may take us a few months, or maybe until next year until we cruise past $100K, reaching as high as $300K this cycle and explains why reaching $1 million per BTC by the time of the next cycle is inevitable.

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

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: