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“This is getting ridiculous. A year ago we predicted Bitcoin hitting $62,968 this week. It just did. This BTC rally is EXACTLY like previous halvings. Likely to reach $115k by August.” – Pantera Capital CEO Dan Morehead

Pantera’s estimates are based on the stock-to-flow ratio which takes into account the total number of Bitcoin in circulation relative to what is being mined. In addition to projecting that Bitcoin will reach $115,212 by August, Pantera predicts that BTC will hit $74,474 by May 15th, $88,576 by June 15th and $104,761 by July 15th.

In other trending Bitcoin News today: 

Dogecoin Doubles In A day As YTD Gains Hit 5,000% While Bitcoin Price Dips

Everyone’s favorite meme cryptocurrency “Doge” has delivered 12,600% gains in a year and likely created a string of millionaires.

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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:

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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:

The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!!🚀🚀🚀

— Mark Cuban (@mcuban) March 6, 2021

https://cointelegraph.com/news/dogecoin-doubles-in-a-day-as-ytd-gains-hit-5-000-while-bitcoin-price-dips

https://cointelegraph.com/news/turkey-to-ban-cryptocurrency-payments

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It’s no secret that the best-known Bitcoin analysts are calling for a spectacular Q4 performance from BTC price action.

For PlanB, creator of the stock-to-flow model family, the “worst case scenario” for Bitcoin has come true two months running.

His floor estimates now call for $63,000 by the end of October – $98K by end of November – and a whopping $135,000 for the December close.

Zooming out, however, the picture remains even rosier for Bitcoin bulls, he says. In his latest stock-to-flow cross-asset (S2FX) update, PlanB showed price behavior being roughly 50% through its bull cycle, leaving the door open for rapid gains.

“My guess: this 2nd leg of the bull market will have at least 6 more months to go.”

In other trending Bitcoin News today: Brazil is introducing a bill that will make BTC legal tender.

Federal Deputy Aureo Ribeiro, said in an interview that Brazilians will soon be able to buy houses, cars and even McDonald’s with Bitcoin, after approval of its law, which will happen soon.

“We want to separate the wheat from the chaff, create regulations so that you can trade, know where you are buying, know who you are dealing with, and have this asset to buy a house, a car, go to McDonald’s to buy a hamburger, it will be a currency in the country as it happens in other countries”.

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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://livecoins.com.br/bitcoin-sera-moeda-corrente-no-brasil-em-breve/

https://cointelegraph.com/news/ethereum-fractal-from-2017-that-resulted-in-7-000-gains-for-eth-appears-again-in-2021

https://cryptopotato.com/chinas-ban-made-bitcoin-even-stronger-says-edward-snowden/

https://cointelegraph.com/news/btc-bull-run-has-at-least-6-months-to-go-5-things-to-watch-in-bitcoin-this-week

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No other asset in history has made the same progress as the Bitcoin price in terms of gains in value.

Ten years ago today, 5,050 BTC were sold for $5.02 in the first market transaction for Bitcoin. Today, they’d be worth $42,171,792.50.

A rise of 838,078,685%. The transaction is stamped into the blockchain and it marked a milestone for BTC which had just become an economic commodity.

$1M per Bitcoin is the next BTC price prediction according to this chart which was published 5 years ago and thus far has been spot on so those lofty future prices may not be so farfetched after all.

Are Altcoins ready to explode?!

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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.

News Resources From Today’s Show:

Bitcoin Price is Up By 838 Million Percent In Last 10 Years; Where Next?

Ten years ago today, 5,050 btc were sold for $5.02 in the first market transaction for bitcoin. Today, they’d be worth $42,171,792.50.

A rise of 838,078,685%. https://t.co/yCvJ9TrrSn

— Saifedean Ammous (@saifedean) October 12, 2019