BITCOIN BLASTING OFF TO $700,000, ACCORDING TO CRYPTO INVESTMENT FIRM PANTERA CAPITAL – HERE’S WHEN!

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Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast says $77,000 BTC short term target is a lock and predicts the king cryptocurrency will hit $220,000 in 2021 easy.

“Bitcoin hash keeps hitting new ATH. It’s a leading indicator. Based on the current number, $77,000 (short-term) is a lock.

A “Paradigm shift” means bonds crash 50-70% and trillions move into Bitcoin getting us to $220,000 in 2021.

If the Fed loses ability to prevent the market from crashing bonds (as it should) then yea, my Bitcoin to $220,000 in 2021 prediction is easy!”

Another top trader says the Bitcoin bottom is in and plots a new BTC all-time high in March of $80,000, right in alignment with Max’s prediction.

A closely-followed crypto strategist whose credibility in the crypto space rose after nailing Bitcoin’s collapse in March 2020 says he expects BTC to bottom out and print a new all-time high in the coming weeks.

In a new tweetstorm, the analyst known in the industry as Capo looks at a number of technical indicators to show why he believes Bitcoin has carved a bottom.

The trader explains that the steep decline in Bitcoin’s open interest, which refers to the number of contracts held by market participants, is bullish for the leading cryptocurrency,

“Same as the other time (January drop), open interest (OI) has dropped with the price. Late longs got rekt. This drop on the OI due to late longs liquidations mostly, has helped the funding rates to reset. Also, shorts are trapped. They think price hasn’t reached its bottom, so they are shorting the bounce, causing the funding to tend to be negative (bullish).”

Capo also highlights that a concealed divergence on both the Ethereum and Bitcoin charts between the assets’ relative strength index (RSI) and price may indicate that momentum is swinging to the side of the bulls.

“BTC and ETH RSI is forming hidden bullish divergences again, on the high timeframes. This divergence means trend continuation when confirmed. Pivot (invalidation) for BTC: weekly candle close below $33,000. Confirmation for BTC: weekly close above $57,000.”

In addition, the crypto analyst notes that whales are buying the BTC dip, suggesting that the largest crypto holders are building a new base for the next leg up.

“Institutions/whales keep accumulating at these levels. Coinbase Pro outflows going up like crazy.”

With Bitcoin gearing up for the next phase of the bull cycle, Capo believes that the leading crypto asset will skyrocket to a new all-time high of around $80,000 before the end of March.

“BTC new potential range between $60,000 and $42,000. Target after consolidation above the range high: about $80,000.”

In other trending Bitcoin News today:

Bitcoin Sell-Off Over? Strong ‘Buy The Dip’ Signal Flashes For The First Time In 5 Months

The price of Bitcoin (BTC) has dropped to the key $44,000-$45,000 support level on Feb. 28 for the third time in the past week.

“It’s a whale war, and you know who got the real power.

“US Institutional Investors

– Coinbase Outflow = STRONG BUY

– Coinbase Premium = BUY

BTC Whales

– BTC Reserve = BUY

– Stablecoin Inflow TXs = BUY

Miners

– Miner Outflows = SELL

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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:

It’s a whale war, and you know who got the real power.US Institutional Investors– Coinbase Outflow = 🟢STRONG BUY– Coinbase Premium = 🟢BUYBTC Whales– BTC Reserve = 🟢BUY– Stablecoin Inflow TXs = 🟢BUYMiners– Miner Outflows = 🔴 SELL

– Miner to Exchange Flows = 🔴 SELL pic.twitter.com/fhVBp8qocm

— Ki Young Ju 주기영 (@ki_young_ju) February 28, 2021

UTXO Realized Price Distribution. This is the on-chain, more precise version of volume profile. The peaks represent the price where most coins changed hands. $45k upwards is very strong support.Any dip (if you’re are lucky) into $39k is a no-brainer BTFD.

Data: @glassnode pic.twitter.com/Z4xbEr0jTv

— Willy Woo (@woonomic) February 27, 2021

Top Trader Says Bitcoin Bottom Is In, Plots New BTC All-Time High in March

https://cointelegraph.com/news/bitcoin-sell-off-over-strong-buy-the-dip-signal-flashes-for-the-first-time-since-september

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“Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… BTC is uncontested.”

In other trending Bitcoin News today: Mercado Libre, The Largest Latin American eCommerce Platform Adds $7.8 Million In Bitcoin To Its Treasury. The purchase makes the eCom platform the 36th publicly traded company to add BTC to its balance sheet.

More breaking Cryptocurrency news: Crypto VC Giant Ramps Up Bitcoin Investment by $500,000,000! Crypto-focused venture capital giant Digital Currency Group (DCG) is snapping up another $500 million worth of Grayscale Bitcoin Trust (GBTC) shares.

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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 VC Giant Ramps Up Bitcoin Investment by $500,000,000

https://cointelegraph.com/news/largest-latin-american-ecommerce-platform-adds-7-8m-bitcoin-to-its-treasury

https://cointelegraph.com/news/early-bitcoin-bull-market-buyers-are-hodling-strong-but-short-term-trading-increasing

https://finance.yahoo.com/news/bitcoin-will-eventually-hit-1-million-dollars-a-coin-coin-desk-editor-predicts-172810294.html

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The U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs, says Max Keiser.

In his latest forecast for macro, the RT host warned that safe havens would seriously outperform fiat.

Buffett, he implied, knew what was coming. “Buffett’s move into Japan, along with his gold investment, confirms he’s getting out of USD bigly,” Keiser wrote on Twitter on Monday.

“USD is trending lower today, about to break key support. Bitcoin – Gold – Silver Will all make new ATH in the near term.”

He was referring to Buffett’s move into Japanese assets, taking a 5% stake in the country’s five biggest trading houses in a move totaling $6 billion, Reuters reported.

“The five major trading companies have many joint ventures throughout the world and are likely to have more. I hope that in the future there may be opportunities of mutual benefit,” the publication quoted him saying.

The announcement came days after the Federal Reserve confirmed that it would let inflation rise above its 2% target as a temporary measure, something that weighed heavily on the dollar.

After volatility, the USD currency index (DXY) began plunging to new depths on Monday, bouncing off its lowest levels in two years.

Late in July, when those levels first appeared, Bitcoin saw a price jump to $12,500.

As Cointelegraph reported, expectations remain that further dives in the DXY will produce similar effects.

Buffett, meanwhile is well known for his macro moves, even as he remains a steadfast Bitcoin skeptic.

Last week, the so-called “Buffett Indicator” warned about a stock market crash, even as large-cap equities continued their climbs higher.

Prior to that, Anthony Pompliano, co-founder of Morgan Creek Digital, publicly bet on Buffett eventually buying Bitcoin after he revealed his move into gold.

At the time, Keiser claimed that the gold entry alone would spark a run among investors, helping push BTC/USD to $50,000. P

erhaps Buffett’s most famous quip about Bitcoin is from 2018 when he referred to cryptocurrency as “rat poison squared.”

In other trending Bitcoin News today:

Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K

The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change.

Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation.

Bitcoiners view the Fed’s announcement as bullish. Following Powell’s speech, a number of people took to social media to remind others of the benefits bitcoin offers.

Mimesis Capital Louis Liu wrote, “Powell is friend of bitcoin,” while many others chimed in to just say “buy bitcoin.”

Abra CEO Bill Barhydt commented:

“Bitcoin doesn’t need the Fed to succeed but if they insist on throwing gasoline on the fire then so be it.”

“The Fed, under the leadership of Jerome Powell, continues to be Bitcoin’s biggest booster,” Gemini Exchange co-founder Tyler Winklevoss wrote.

He made a case on Thursday for a $500K bitcoin as “ultimately the only long-term protection against inflation.”

He explained that the price of the cryptocurrency could appreciate 45 times from today’s price, meaning it could hit $500K per coin or even higher.

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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:

$BTC #BITCOINBullish. Reached the $12,000 area that I’ve pointed since the low.

Would like to see consolidation above $11,600 here. If that happens, we’ll most likely see a rally towards $12,400 and new highs. $ETH already painting the way. pic.twitter.com/Kcf6y8PvRF

— Crypto Michaël (@CryptoMichNL) September 1, 2020

Buffett’s move into Japan, along with his $GOLD investment, confirms he’s getting out of $USD BIGLY $USD is trending lower today, about to break key support #Bitcoin – Gold – Silver

Will all make new ATH in the near term

— Max Keiser (@maxkeiser) August 31, 2020

https://news.bitcoin.com/federal-reserve-inflation-bitcoin-price-500k/

https://cointelegraph.com/news/huge-ethereum-buy-wall-sends-eth-to-a-19-month-high-against-bitcoin

https://cointelegraph.com/news/bitcoin-will-hit-new-high-in-near-term-as-buffett-exits-usd-keiser