BITCOIN CAN BE WORTH OVER $2M PER COIN IF BTC CAPTURES JUST 5% OF THE MARKET CAP ON THIS CHART!!

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Bitcoin pioneer Max Keiser, RT host of the Keiser Report recently tweeted the following bullish BTC price prediction:

“The Bitcoin price is lagging hashrate by a considerable margin. Current hashrate trends infer a $35,000 – $50,000 price.”

“People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while the BTC price skyrockets 40-80x”, says Max Keiser.

Keiser recently tweeted that “the (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.”

CryptoPotato reached out to the popular TV host to elaborate on his views regarding the price suppression and potential surge in value.

Keiser asserted that “for the world’s poor, the current price and availability of BTC are a once in a species-existent opportunity to acquire unconfiscatable Hard Money before a 40-80x move on the upside.”

He commented that his “forensic analysis of the BTC market, corroborated by insiders, is indicating futures traders are suppressing the price of BTC to give institutional players a chance to load the boat.”

He also gave his intermediate price target of $28,000 per coin. Once the cryptocurrency reaches that level, it would be a significant game-changer for people’s perception of the asset.

“When this happens, we’ll see something quite unexpected. The retail market for BTC will dry up. The amount of BTC for sale AT ANY PRICE will be increasingly tiny. Institutions, corporations, and governments will be buying BTC directly from miners, presumably at a huge premium.”

Keiser, who previously said that Warren Buffet will start panic buying Bitcoin when the asset price jumps to $50,000, said that people like the prominent investor, who have no Bitcoin exposure, will see “their wealth hyperinflate to nothing.”

In other trending Bitcoin News today:

Michael Saylor Reveals What He’ll Do When $425 Million Bitcoin Investment Surges 100x

Microstrategy CEO Michael Saylor said he will hold his company’s Bitcoin (BTC) for 100 years, and has no intention of selling it. 

On Aug. 11, the business intelligence firm announced it had purchased 21,454 BTC for $250 million.

This investment is now worth more than $278 million, representing an 11% increase in two months, and has purchased more Bitcoin since.

In a new interview with Real Vision CEO Raoul Pal, Saylor said the decision to invest $250 million was informed by a discussion between its board of directors and the firm’s investors, auditor and executives. Saylor explained:

“This is not a speculation, nor a hedge. It is a deliberate corporate strategy to adopt the Bitcoin Standard.”

Microstrategy decided to restructure its treasury in response to recent global economic uncertainty, looking to explore assets suited to providing a long-term store of value.

But after considering a variety of options with a 100-year outlook, Saylor decided Bitcoin was the only option.

Tax and fees kill almost all other assets, he concluded, and those that aren’t killed are instead crippled because they are controlled by a CEO, government or country.

Bitcoin, on the other hand, is evolving, and over time it gets harder, stronger and faster, Saylor concluded, describing BTC as a “hive of cybernetic hornets protected by a wall of encrypted energy.”

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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:

“I came to the conclusion that #btc was going to be the best of the inflation trades–the defensive trades,” says Paul Tudor Jones. “Bitcoin has a lot of characteristics of being an early investor in a tech company…it’s like investing with Steve Jobs and Apple.” pic.twitter.com/4760iQBrOy

— Squawk Box (@SquawkCNBC) October 22, 2020

This message from KeiserReport in 2011 put bitcoin on the map. Millions heard the call. We created 100,000’s of #BTC  millionaires globally with hundreds of shows over 10 years These facts get overlooked during this period of Russophobia, sadly

pic.twitter.com/HR5rBYf1MJ

— Max Keiser (@maxkeiser) October 17, 2020

#Bitcoin price is lagging hashrate by a considerable margin. Current hashrate trends infer a $35,000 – $50,000 price

— Max Keiser (@maxkeiser) October 22, 2020

https://dailyhodl.com/2020/10/22/michael-saylor-reveals-what-hell-do-when-425-million-bitcoin-investment-surges-100x/

https://cryptopotato.com/warren-buffett-will-see-his-wealth-hyperinflate-while-bitcoin-price-does-40-80x-says-max-keiser/

https://cointelegraph.com/news/michael-saylor-claims-the-company-will-hold-bitcoin-for-100-years

https://cointelegraph.com/news/paul-tudor-jones-says-bitcoin-is-like-investing-early-in-apple-or-google

➡️ TEEKA TIWARI – 5 Coins To $5 Million: http://final5.cryptonewsalerts.net

BITCOIN RETAKES CRUCIAL KEY LEVEL THAT CATALYZED

4,000% RALLY According to a crypto trader, Bitcoin’s strong rebound in April saw the BTC price close its monthly candle above a key level of the Ichimoku Cloud on the one-month chart.

This is relevant for BTC because the last time Bitcoin claimed this technical level was in early 2016, when the Bitcoin price was trading around $500 and prior to the 4,000% rally that brought the cryptocurrency to $20,000 just 20 months later.

This historical precedent suggests that the crypto market is on the verge of its next parabolic rally.

This is the latest of many historically-relevant signs that Bitcoin is soon going to erupt into a full-blown bull run.

Bitcoin’s trend earlier this week was so strong that amid the peak of Wednesday’s rally a trader observed an unexpected technical occurrence:

The relative strength index (RSI) reading of Bitcoin’s one-hour chart hit 96.5 — just a few points shy of the top of the oscillator, 100.

Traditional forms of technical analysis state that whenever the RSI passes the level of 70, it is overbought over the time frame that is being analyzed.

The fact that Bitcoin’s one-hour RSI briefly hit 96.5 means that it was extremely overbought, almost to the point of lunacy.

According to a crypto trader, the last time this metric was this high for BTC was in April 2019, on the day that the cryptocurrency rocketed 25% higher within the span of a few hours.

What followed this move was an extended rally from the $4,000s to $14,000 within three months.

Similarly, a trader shared the chart in the wake of Bitcoin’s recent strength, noting that the rising wedge that had constrained Bitcoin’s price for the past six weeks has been decimated, with clear invalidation to the upside.

What’s especially notable about this formation of BTC breaking above a rising wedge after a bear market, this is the exact same market structure that marked the start of 2019’s bull run, which brought prices from the $4,000s to $14,000 in three months’ time.

In other trending Bitcoin News today:

Bitcoin Supercycle Theory Ignites Crypto Twitter As BTC Halving Approaches

A prediction that Bitcoin (BTC) is about to begin a fourth parabolic phase that will bring the leading cryptocurrency to more than a quarter-million dollars is lighting up the cryptoverse.

A post revealing the new forecast from price analyst PlanB shot across crypto Twitter this week, with more than 4,200 likes.

But the forecast itself has reignited the great debate on the relationship between Bitcoin’s halving – which will slash the rate of new BTC entering the market in a matter of days – and the price of BTC.

According to PlanB, who recently told Morgan Creek Digital co-founder Anthony Pompliano that he’s a member of an institutional investment team that manages roughly $100 billion in assets, his latest stock-to-flow model shows BTC rising to $288,000 by the end of 2024.

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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:

Daily Ichimoku will very likely confirm fully bullish on todays close, as well as 2D Kumo Breakout with a bullish Kumo Twist

I cannot not be bullish on Q2. I want to buy dips. pic.twitter.com/1OUDSintY9

— Smokey (@TraderSmokey) May 1, 2020

Bitcoin Supercycle Theory Ignites Crypto Twitter As BTC Halving Approaches

➡️ Teeka Tiwari – Investment of the Decade:  http://2020.cryptonewsalerts.net

Venture Capitalist Simon Dedic says that while he believes Bitcoin will put together a face-melting rally in the next bull run, he sees five altcoins outshining the leading cryptocurrency.

In a recent tweet, Dedic says he expects the crypto market to launch another bull market but warns that the rising tide will not lift all boats.

The founder of digital asset intelligence firm Blockfyre predicts that Bitcoin will soar nearly 1,500% to $150,000 in a new bull cycle.

But unlike the peak of the 2017 crypto bull market, when many altcoins generated gains of over 1,000%, the Blockfyre executive believes only a handful of altcoins will print potentially life-changing gains.

At the top of Dedic’s altcoin’s list is Ethereum (ETH).

He expects the second-largest cryptocurrency to skyrocket to $9,000 for an increase of 3,650% from its current price of $240.

Dedic sees ChainLink (LINK), which is trading at $4.34 at time of writing, to surge over 4,500% to $200.

He also believes Binance Coin (BNB) will soar to $500 and post gains of more than 2,700% from its current value of $17.64.

Next is VeChain (VET), which he predicts will rise almost 15,000% from its current price of $0.006682 to $1.00.

Wrapping up the venture capitalist’s list is Tezos (XTZ). Dedic says he believes XTZ, which is currently valued at $2.91, will generate gains of more than 6,700% as it climbs to $200.

The altcoin market is especially risky, with many coins remaining down more than 90% from their all-time highs in the last parabolic crypto rally, which ended in December of 2017.

In other trending Bitcoin News today:

Billionaire Entrepreneur and Crypto Critic Mark Cuban Admits Bitcoin Is a Store of Value

One of Bitcoin’s biggest mainstream critics says the top cryptocurrency can be a store of value after all.

In a new conversation with Bitcoin maximalist Preston Pysh, billionaire entrepreneur Mark Cuban issues a rare compliment to BTC.

But he maintains that Bitcoin has zero chance of becoming a global reserve currency and challenging the US dollar.

“It can be a store of value. But the conversation started with the challenges of the current federal reserve system. He isn’t wrong about the system. But he is wrong about the fungibility of btc and it’s ability to impact society as a replacement for the current system” – Mark Cuban

Late last year, Cuban said bananas are more useful to him than Bitcoin.

“I’d rather have bananas. I can eat bananas. Crypto, not so much. Look, I can make a great argument for blockchain. There’s a lot of applications and they’ll be used. But you don’t need public Bitcoin, BTC. You can create blockchain on your own without using all the available cryptocurrencies.”

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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:

In 2017, you could have bought literally any alt and it was a good investment.Imo this won’t happen again.However, I still believe that the bull run will return, pumping the few solid alts out there.

Predictions:$BTC $150k$ETH $9k$LINK $200$BNB $500$VET $1$XTZ $200

— Simon Dedic (@scoinaldo) June 4, 2020

https://cointelegraph.com/news/forget-10k-bitcoin-12k-breakout-will-catch-everyone-off-guard