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Closely-followed cryptocurrency trader Michaël van de Poppe is unveiling how high Bitcoin, Ethereum, Cardano and a handful of other crypto assets can rise before this bull market expires.
In a new tweet, Van de Poppe tells his 192,000 followers that he expects Bitcoin (BTC) to end the bull market with a price tag between $350,000 and $450,000. From BTCâs current value of $58,427, the traderâs apex target represents an upside potential of over 670%.
In other trending Bitcoin News today:
XRP Surpasses $1 For The First Time Since 2018: Whatâs Behind The New Rally?
The price of XRP has surpassed $1 on April 6 for the first time since March 2018, putting its market valuation at around $47 billion.
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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/xrp-surpasses-1-for-the-first-time-since-2018-what-s-behind-it
https://cointelegraph.com/news/bitcoin-s-1-trillion-market-holds-for-10-days-straight
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TEEKA TIWARI PREDICTS CRYPTOâS NEXT TRILLION DOLLAR COIN!! ELON MUSK HOLDS $5 BILLION IN BITCOIN!!
đ° BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts
Crypto investment analyst Teeka Tiwari who picked Bitcoin (BTC) at $428 in 2016 is set to announce the next Trillion dollar cryptocurrency.
The former hedge fund manger and Wall Street executive predicted back in August when Bitcoin was still trading at about $10,000 that BTC would reach $60,000 or $70,000 âa lot sooner than most people realize.â
Palm Beach Research Groupâs Teeka Tiwari, a crypto enthusiast, and an analyst will be releasing his prediction of a new crypto will soon join Bitcoin in the Trillion dollar market cap bracket. In an upcoming webinar event, âCryptoâs Next Trillion Dollar Coin,â set to be held on March 31, 2021, at 8 PM ET, Tiwari will reveal the next cryptocurrency and âwhere he believes the real money will be made in the crypto boom of 2021â.
According to the Palm Beach Research Group website, Teekaâs shows and webinars in the past have helped investors make insane profits in crypto and he intends to create the same results for his followers in the upcoming webinar.
Teeka Tiwari is a former hedge fund manager and a Wall Street executive who has made a name among crypto circles. He has been a regular contributor to the FOX Business Network. He has appeared on FOX News Channel, CNBC, ABCâs Nightline, The Daily Show with Jon Stewart, and international television networks.
Teeka was an early Bitcoin adopter, having bought his first Bitcoin at $428 in 2016 and calling a Trillion dollar market cap.
In other trending Bitcoin News today:
Elon Musk Holds $5 Billion in Bitcoin, According to SkyBridge Capitalâs Anthony Scaramucci
Anthony Scaramucci, the founder of global investment firm SkyBridge Capital, says Elon Muskâs $1.5 billion Bitcoin purchase is just the tip of the iceberg.
In a new tweet, the former White House communications director reveals that Musk is also holding Bitcoin through his aerospace manufacturing company SpaceX.
âElon Musk didnât stop with Tesla. I understand that SpaceX owns Bitcoin on its balance sheet. Elon Musk owns over $5 billion in Bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change.â
Last month, MicroStrategy CEO Michael Saylor revealed that SpaceX is among the 7,000 companies that sent representatives to the business intelligence firmâs Bitcoin summit, an event launched for companies that are interested in buying BTC as a treasury asset.
Scaramucci adds that Muskâs multi-billion-dollar BTC investment is part of his vision to create a world that relies on renewable energy.
âThe idea Elon Musk would invest in a âdirty assetâ is absurd. Future of Bitcoin mining is renewable energy. Elon Musk sees a future in which 1) renewables replace fossil fuels 2) Bitcoin demonetizes gold, RE, equities & art + becomes a dominant store of value.â
Answer to energy FUD is Elon Musk!â
According to a recent survey conducted by the Cambridge Centre for Alternative Finance, miners of Bitcoin and similar crypto assets use renewables to power 39% of their total energy consumption.
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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:
Ultimately, #Bitcoinâs price can *only* get to multi-trillion valuations if the $USD gets destroyed. This is a feature, not a bug. The USD funds terrorism and drug lords globally. BTC promotes peace and love. pic.twitter.com/LgYSiVbxij
â Max Keiser (@maxkeiser) March 19, 2021
Elon Musk didnât stop with Tesla. I understand that SpaceX owns #bitcoin on its balance sheet. @elonmusk owns over $5 billion in #bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change. (1/2)
â Anthony Scaramucci (@Scaramucci) March 19, 2021
https://cointelegraph.com/news/bullishness-for-bitcoin-continues-despite-its-struggle-to-reclaim-60-000
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BITCOIN (BTC) SCALES JUST FINE AS STORE OF VALUE!! MICROSTRATEGY DECLARES WAR ON THE FED: MAX KEISER
âĄïž Leverage OPM (Other Peopleâs Money): http://opm.cryptonewsalerts.net
Bitcoin Bull Max Keiser Believes Shareholders Will Demand Corporations to Grab BTC Following Microstrategyâs $425M Acquisition.
Keiser stated that now shareholders of other big companies and corporations are going to demand to convert their cash reserves into Bitcoin as Tahiniâs pro-Bitcoin restaurant chain has already begun to do.
The Nasdaq-traded business software producer Microstrategy amazed the crypto community by placing more if its cash into Bitcoin.
Back then, its CEO Michael Saylor tweeted that the company had acquired 16,796 Bitcoin for $175,000,000.
That was the second purchase of BTC by this company.
The first acquisition took place on Aug. 11, when Microstrategy acquired 21,454 BTC for a whopping $250,000,000, making headlines in crypto and mainstream media.
Bitcoin proponent Max Keiser tweeted that now shareholders will demand that corporations start acquiring Bitcoin with their spare cash.
$MSTR declares war on the Fed, Who will join them? *Every* CFO/CEO, per statues of corporate governance, is now obligated to examine their own âmelting ice cubeâ Shareholders will now *DEMAND* they deploy idle cash to Bitcoin. Michael Saylor is a board room revolutionaryâ
He was, in fact, commenting on a tweet thread posted by the Canadian restaurant chain Tahiniâs, which has recently converted all of its cash reserves to Bitcoin.
On Aug. 19, the Tahiniâs franchise acquired BTC using all of its spare cash reserves down to the last dollar.
The CEO Omar Hamam tweeted that, despite difficulties after the lockdown and many of his staffers deciding not to go back to work (as they received stimulus checks), he decided that the stimulus cash he received from the government would no longer be a secure investment.
So he started educating himself on blockchain and Bitcoin and then decided to convert all of his companyâs cash reserves in BTC.
In other trending Bitcoin News today:
MicroStrategy CEO Says âBitcoin Scales Just Fine As Store Of Valueâ
Bitcoin (BTC) as a store of value âscales just fine,â the CEO of the company that just purchased 38,250 BTC has said.
In a tweet on Sep. 17, Michael Saylor revealed more information about MicroStrategyâs dramatic launch into Bitcoin.
âWe acquired 21,454 BTC via 78,388 off-chain transactions, then secured it in cold storage with 18 on-chain transactions. Bitcoin scales just fine as a store of value.â
Continuing, Saylor described a status quo where on-chain transactions for major investors will remain a rarity:
âIf Bitcoin is treated as a treasury reserve asset, based on our model, 99.98% of all transactions will be off-chain, and assets-at-risk will be in cold storage 99.92% of the time.â
Off-chain transactions via solutions such as the Lightning Network allow Bitcoin transaction volume to increase without adding volume to the blockchain and raising fees to appeal to miners.
In his popular book, The Bitcoin Standard, Saifedean Ammous likewise argues that off-chain activity will become the norm once Bitcoin gains a much larger user base.
That could happen sooner rather than later.
Following the Pompliano interview, statistician Willy Woo picked up on Saylor highlighting the worldâs 35,000 publicly traded companies that have spare cash reserves of $5 trillion.
âI make out if others follow MicroStrategyâs lead and even just 1% of that capital finds its way into BTC, thatâs enough to blow Bitcoin cap to $2T,â he tweeted.
Woo added that given MicroStrategy took six months to approve its shift to Bitcoin, any copycat moves would begin to surface in 2021.
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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:
Some takeaways from @APompliano‘s interview with @michael_saylor, CEO of MicroStrategy, after their 38,250 BTC buy ($425m).Plot goes: “I’m a good thinker and a large financial player, this what I found researching Bitcoin coming from outside of the industry”Read onâŠ
đ
â Willy Woo (@woonomic) September 18, 2020
Why did $425M MSTR buy not move #bitcoin price up? Because they bought carefully, thousands of small incognito algo orders over a period of weeks. Key thing: $425M is transferred from weak hands (shitcoiners, traders, noobs) to strong hands (hodl): reducing future sell pressuređ pic.twitter.com/bBJsAFj6iy
â PlanB (@100trillionUSD) September 17, 2020
What are the odds ⊠that other cash-rich companies like Google, Apple, Microsoft will not get serious questions about #bitcoin at the next shareholder meeting, or even get sued for breaching their fiduciary obligation for not buying bitcoin and letting all that cash melt away? pic.twitter.com/QY1C0NbMjG
â PlanB (@100trillionUSD) September 17, 2020
Technicals Suggest Bitcoin Looks Ready For Another Leg Higher Over $11K
https://cointelegraph.com/news/microstrategy-ceo-says-bitcoin-scales-just-fine-as-store-of-value
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BITCOIN PRICE WILL REBOUND BACK ABOVE $50,000 HINTS BTC FRACTAL SETUP FROM 2019, SAYS TRADINGSHOT!!
đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. BTC faces the prospects of reaching $47,500-$50,000 based on its current trendâs eerie similarity.
TradingShot, a market analytics platform, noted that a bullish divergence formation, coupled with a rebound from the 50-week SMA support, could again send Bitcoin prices to the 61.8% Fib level of the current top-to-bottom Fibonacci retracement graph.
In a chart provided by TradingShot, the 61.8% Fib level appeared near $47,500. Meanwhile, the other chart above showed the profit target near $50,000.
In other trending Bitcoin News today: Hereâs the Worst Case Scenario for Bitcoin This Month, According to Crypto Analyst PlanB!
The widely followed analyst, who has gained a massive following for being the first to apply the stock-to-flow model (S2F) to Bitcoin, says the S2F is in a âmake or breakâ phase, where it will either be further confirmed or invalidated in the next six months.
According to PlanB, the worst-case scenario for Bitcoin this month is a monthly close at $28,000. However, the Bitcoin bull says brighter days are ahead for the worldâs leading crypto and notes that the worst possible monthly close for BTC in August is $47,000. He also asserts that $64,000 was not the peak of the bull run.
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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:
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