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Popular crypto analyst and trader Kevin Svenson is saying that Bitcoin is due for a steep rally to the six-figure level as BTC follows a widely-known pattern in the equities market.

“George Lindsay says the basement is essentially a bear trap… So it would actually be a good bear trap if we did actually continue with a move up to the first floor and that would mean over the next month or two, we would expect a move back up toward the $50,000 to $60,000 to form our first floor. And this could potentially lead us to into a final mania phase all the way up to the $200,000 level.”

In other trending Bitcoin News today: Adoption And Scarcity To Fuel A Bitcoin Run To $100K!

Despite having fallen by nearly 30% since its November all-time high, Bitcoin is in a consolidating bull market and on its way to $100,000, according to a Bloomberg Intelligence report. The paper said it is unlikely that BTC’s bull run has come to a halt and predicts the fixed supply to sustain increasing prices.

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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 Bull Cathie Wood Says Ethereum Is More Undervalued Than Bitcoin

https://bitcoinmagazine.com/business/bitcoin-to-hit-100000-in-2022-bloomberg-report

https://cointelegraph.com/news/bitcoin-price-dip-may-end-wednesday-as-bitfinex-bids-hint-at-fed-buy-the-news-plans

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Closely followed on-chain analyst Willy Woo is laying out a price path for Bitcoin this cycle. In a new episode of What Bitcoin Did Pod with Peter McCormack, Woo names a few key levels that can trigger a continuation of the BTC bull market.

According to the analyst, Bitcoin’s on-chain fundamentals currently give BTC a fair value somewhere between $50,000 and $60,000. Woo also highlights a key price level that he thinks Bitcoin must reclaim to ignite bullish momentum.

Woo’s price prediction for BTC placed it at $162K. Going as far as saying that a $200,000 price mark is still possible for the digital asset this year. This puts Bitcoin on a tremendous run path to get to such a high prediction.

In other trending Bitcoin News today: Unchanged crypto tax bill will be put to a vote on Tuesday! The provisions aim to raise $28 billion for infrastructure funding through expanded digital asset taxation and will impose broad third-party reporting requirements on any crypto firm deemed to be a “broker.”

“If I had any confidence in politicians I wouldn’t be buying Bitcoin for 10 years. Bitcoin came about in part because our financial/political institutions are collapsing from hyper money printing. Why would I call DC senators/arsonists to put out the fire they started?” – Max Keiser

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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/unchanged-crypto-tax-bill-will-be-put-to-a-vote-on-tuesday

https://cointelegraph.com/news/no-bitcoin-isn-t-entering-a-2018-like-bear-cycle-new-data-suggests-as-btc-targets-45k

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Right now, with the Bitcoin market cap sitting just under $1 trillion, BTC is only a very tiny fraction of the world’s assets combined. So in the grand scheme of crypto, this is why many analyst believe we’re still so early.

“If Bitcoin captures just 5% of the market cap of other assets on this chart, it’ll be worth over $2M/coin.”

In other trending Bitcoin News today: Bitcoin bears lack ‘balls’ to continue selling into 2022!

BTC bears will probably be too “stoneless” to keep prices down much longer, fresh Bitcoin price analysis argues.

In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction.

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🔥 [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:

Analyst: Bitcoin Can Bottom at $37.5K En Route to $100K

https://cointelegraph.com/news/bitcoin-and-ether-heading-100k-and-5k-in-2022-bloomberg-intelligence

https://cointelegraph.com/news/paypal-reportedly-confirms-plans-to-explore-the-launch-of-a-stablecoin

https://cointelegraph.com/news/bitcoin-stabilizes-at-42k-as-key-moving-average-break-from-july-reappears

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Bitcoin whales are the center of attention this week as buying and selling habits split the BTC price narrative.

New findings from on-chain analytics firm CryptoQuant show derivatives investors leading the way when it comes to bullish bets on Bitcoin.

“I think BTC is ready. Suddenly all of my favorite leading indicators are lining up long & strong.” 

This is a 30 day WMA. Strong bullish trends in the metric have preceded every strong bullish price trend of this bull. And it just printed monster bull move.”

In other trending Bitcoin News today: Bitcoin To Flip Bullish Under One Key Circumstance, According to On-Chain Analyst Will Clemente!

“Bitcoin is below the short-term holder cost basis, which currently sits at $53,000. Until this is reclaimed, not bullish. Not saying I am a ‘giga bear,’ just cautious until the market shows me otherwise. Happy to flip bullish if reclaimed. Bearish confirmation would be a failed underside retest of the band.”

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🔥 [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:

https://cointelegraph.com/news/only-10-of-bitcoin-supply-left-to-mine

https://cointelegraph.com/news/monster-bull-move-means-whales-could-secure-the-next-bitcoin-price-surge

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We believe Bitcoin can reach our bullish scenario target of $178k by December 2021 or a bit later, in case this BTC cycle extends into 2022.

This will require minimal on-chain selling pressure, especially as Bitcoin price pushes above $100k. As long as the long-term holders continue to hold, even with BTC at $100k, we can easily expect prices to move higher.

Our technical targets to the upside found high levels of confluence around $178k to $190k. This also matches various other technical-based models, making this an area of interest for the 2021’s bull market top.

In other trending Bitcoin News today: PayPal launches crypto services for UK customers!

Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal for the first time — marking a significant milestone for a company that began offering digital asset services less than a year ago. 

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🔥 [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:

https://cryptopotato.com/bitcoin-likely-to-reach-at-least-96k-in-depth-price-prediction-analysis-of-2021-cycles-top/

https://cointelegraph.com/news/paypal-launches-crypto-services-for-uk-customers

https://cointelegraph.com/news/50k-btc-price-vs-the-fed-5-things-to-watch-in-bitcoin-this-week

https://cointelegraph.com/news/bitcoin-price-tags-50k-for-first-time-since-may

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Bitcoin has not died for the 500th time, but market fear could easily convince you otherwise as analysts predict a slow return to higher levels.

BTC starts a new week with traders still digesting the impact of the last – a major price drop that at one point saw $41,900.

A modest recovery is now competing with some formidable resistance, the first of which is $50,000.

In other trending Bitcoin News today: Top Crypto Analyst Says Ethereum Rival Primed for Price Explosion, With ETH Itself Set for Monster Rally!

The pseudonymous trader known in the industry as Smart Contracter tells his 195,500 Twitter followers that Ethereum is primed for a monster rally against Bitcoin (ETH/BTC) after the pair broke out from a large bullish continuation pattern.

“ETH/BTC breaking out of a multimonth reaccumulation on a marketwide dump seems pretty bullish for alts in my opinion. 0.1 BTC ($4,885) and then 0.14 BTC ($6,839) will come sooner than people think. Imagine thinking this is a bear market.”

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🔥 [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:

https://cointelegraph.com/news/virtual-land-in-the-metaverse-dominated-nft-sales-over-past-week

https://cointelegraph.com/news/btc-sentiment-comparable-to-a-funeral-5-things-to-watch-in-bitcoin-this-week

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The entire supply of Bitcoin will eventually go to the zealot DCA (Dollar Cost Average) army, bringing enough fiat into BTC that fiat ceases to exist.

So, strap yourselves in, suspend disbelief and allow me to show you an extreme example of how the wealthiest, most charitable 2% of the world’s workforce — about 70 million people (less than 1% of the close to eight billion people alive today) — could very realistically create a permanently upwards sloping Bitcoin price floor and drive the BTC price toward a (relatively) stable price of $1 million per coin within a year or so.

In other trending Bitcoin News today: Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs.

As ever, the longer the timeframe, the more bullish the take. 

“Next price discovery will be wild,” fellow trader Pentoshi forecast Thursday. Should BTC/USD manage to break its current $64,500 all-time highs, he said, $250,000 could follow.

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🔥 [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:

https://bitcoinmagazine.com/markets/dca-army-drives-1-million-bitcoin-price

Top Trader Pentoshi Says Ethereum Ready To Outperform Bitcoin – Here’s Why

https://cointelegraph.com/news/vitalik-more-confident-about-the-merge-following-eth-s-successful-london-upgrade

https://cointelegraph.com/news/bitcoin-and-ethereum-hit-resistance-with-42-5k-flip-needed-for-btc-longs

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Macro guru Raoul Pal predicts that Bitcoin (BTC) can skyrocket over 700% from its current price in the coming months and that Ethereum (ETH), the leading smart contract platform can surge over 480%.

“My price prediction has been ETH north of $20,000, and that’s pretty simple. All I did is just map over the ETH chart to the Bitcoin 2017 chart. They work perfectly, and it gives you $20,000. There’s no great science to that, but it feels about right.” 

“I’ve also mapped the Bitcoin price versus Bitcoin 2013. They look pretty similar. There’s a bunch of other ways I’d do it with Bitcoin with log charts, regression analysis, stuff like that. Generally speaking, I think it’s somewhere between $250,000 to $400,000, with an outside chance of a million [dollars] if we get an extended cycle.”

In other trending Bitcoin News today: Legislative Assembly of El Salvador approves $150M Bitcoin Trust!

El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the country. 

The bill passed on Aug. 31, with 64 officials voting in favor and 14 opposing the trust’s creation. The Trust is designed to facilitate conversion of Bitcoin into U.S. Dollars, and support the roll out of vital technological infrastructure enabling widespread adoption of crypto assets.

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🔥 [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:

https://cointelegraph.com/news/surge-in-activity-and-token-prices-show-defi-summer-2-0-already-started

https://cointelegraph.com/news/legislative-assembly-of-el-salvador-approves-150m-bitcoin-trust

https://cointelegraph.com/news/bitcoin-price-turns-to-test-lower-support-levels-as-50k-stays-out-of-reach

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Amazon is looking to accept Bitcoin payments ‘by the end of the year’, and is investigating its own token for 2022, says an insider, with firms like Apple and Tesla suggesting they will follow suit.

Jeff Bezos’ company is now seeking to hire a cryptocurrency expert for this very purpose. A spokesperson for Mr Bezos’ company, which has a market capitalization of $1.6trillion, said: 

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon. We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments. We hope to bring that future to Amazon customers as soon as possible.”

“Should this impact be replicated when Amazon fully embraces crypto payments, we can begin to see a rejuvenation from the current sell-offs, and growth towards new price levels not seen in months.

“A top of $70,000 on a bear case instance and a $100,000 top cannot be ruled out by the end of the year, should Amazon make good on its promises before year-end.”

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🔥 [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:

https://www.express.co.uk/finance/city/1467100/crypto-news-latest-bitcoin-price-amazon-take-payments-in-cryptocurrency-ethereum-price

https://cointelegraph.com/news/3-reasons-why-bitcoin-price-has-not-been-able-to-rally-back-above-40k

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Bitcoin disciple Max Keiser said his BTC price target for this year remains $220,000 despite all the recent FUD which has crept into the crypto market over the past few weeks.

As host of The Keiser Report and Orange Pill Podcast, Max points to the 2008 financial crisis as the start of a spiral that brought forth and continues to fuel Bitcoin’s ascent.

Keiser, who is an early Bitcoin investor, says the digital asset’s parabolic ascent could ultimately take BTC to about the $2 million mark.

“They’re just going to keep printing. And well, you know, my Bitcoin is up 9,000,000% since I first bought it. And it’s probably going to go up another 40x.”

In other trending Bitcoin News today: Bitcoin’s off-chain data points to more upward momentum for BTC price.

After months of unrelenting turbulence, the crypto industry has been on somewhat of a tear over the last couple of weeks, with the total market capitalization of the space recently topping the $2 trillion mark for the first time since May. 

In fact, over the last 21 days alone, a whopping $700 billion entered the digital asset sector, leading many to believe that more may be in the cards in the near term.

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🔥 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:

https://cointelegraph.com/news/bitcoin-s-off-chain-data-points-to-more-upward-momentum-for-btc-price

https://cointelegraph.com/news/btc-price-passes-47k-worst-case-scenario-as-bitcoin-realized-cap-hits-all-time-high