BITCOIN BULL TOM LEE STILL SEES $100K BTC BY YEAR-END, SAYS VOLATILITY IS ITS OPPORTUNITY!!!!!

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Michael Saylor isn’t concerned about China’s latest wave of Bitcoin and crypto bans. 

The MicroStrategy CEO ballparks that between $100 trillion and $300 trillion could seek a store of value in BTC and if Bitcoin were to reach the $300 trillion market cap Saylor outlines, that would bring each BTC to more than $14 million per coin.

Saylor tells Bill Barhydt, the CEO of crypto wealth management firm Abra, in a new interview that he was an early shareholder in Google, Facebook, and Twitter. He says he didn’t let Chinese regulations bother him back then and doesn’t plan to now.

In other trending Bitcoin News today: Square, Twitter, And Substack Are Big First-Movers In Bitcoin Payment Solutions!

Both social media giant Twitter and independent online publisher Substack have officially integrated Bitcoin tipping and payment services through third-party partnerships with Strike and OpenNode, respectively, serving a combined 350 million monthly active users.

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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://bitcoinmagazine.com/culture/square-twitter-and-substack-are-big-first-movers-in-bitcoin-payment-solutions

https://cointelegraph.com/news/btc-price-reclaims-42k-as-infrastructure-bill-vote-monthly-close-loom-for-bitcoin

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The Bitcoin price could hit $100,000 as soon as in 2020 based on Elliot Wave Theory, according to Silk Road founder Ross Ulbricht.

“Thus, we have a price and target for the end of wave I of ~$100,000 some time in or near 2020.”

Ulbricht claims that he has several Bitcoin charts sent him to a prison cell on a daily basis.

It takes about a week to put his letters online, which makes them slightly out of date.

However, he states that it doesn’t matter since he only focuses on the coin’s long-term price action.

“The charts we will be looking at show the price of a bitcoin in US dollars over time.” 

According to Ulbricht, the overall trend for Bitcoin is still up (despite a severe price correction). 

The first cycle is divided into five waves that also feature “intermediate” waves.

The end of the fourth wave market the bottom of the 2014-2015 bear market when the price of Bitcoin plunged to $175 in January 2015 before gearing up for its parabolic rise to the current all-time high (ATH) that was conquered back in December 2017.

Ulbricht further explains that the ATH could mark the end of the third wave while another bear market that started in January 2018 could be the fourth wave. 

“If the ~$20,000 peak is the end of wave (3), then the correction pattern we are in (or just came out of) is wave (4), and we can expect wave (5) to take us to new all-time highs.” 

However, if the fifth wave is still unfolding, the next bull run could last until February 2021 and could ultimately take the price of Bitcoin to $100,000 as early as in 2020. 

In other BTC news today:

Bitcoin’s scheduled mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate.

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Trezor: ► http://trezor.cryptonewsalerts.net

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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://www.coindesk.com/bitcoin-halving-could-leave-price-at-20k-50k-hedge-fund-manager-says

https://u.today/bitcoin-price-predicted-to-skyrocket-to-100000-in-2020-by-silk-road-founder-ross-ulbricht

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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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🔥 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:

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