BITCOIN COULD SHATTER $1,000,000 THIS YEAR, SAYS MACRO GURU – HERE’S WHY!! RECORD BTC WEEKLY CLOSE!!

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Will the Bitcoin price triple this year to $40,000?

According to Fundstrat Global advisor founder Tom Lee, BTC will break into a new ATH this year that could be around $27,000-$30,000.

Additionally, just two weeks ago, we broke above the 200-day moving average, which means we are back in a bull market.

Historically, on average, this breakout has resulted in six months gains of about 190%.

However, this time Thomas Lee believes the Dow Jones Industrial Average would be the first one to break the 30,000, though Bitcoin (BTC) would be the one to hit $40,000, he said.

“Best evidence that Bitcoin is in a bull market is the denial by those with no exposure… BTFD“

Bitcoin Price Hits $10,500 as Fed Chairman Confirms Crypto Is a Threat to U.S. Dollar The BTC price and the overall crypto market reacted positively after Fed Chairman Jerome Powell recently stressed on the importance of private crypto-based transactions.

He said that the Fed is working on a number of projects for digital currencies. Bitcoin price surged over 5% on Tuesday, February 11th, pushing it to a five-month high above $10,500 levels.

With this move, BTC has surged nearly 50% since the beginning of 2020. This latest price surge comes after the Federal Reserve chairman Jerome Powell expressed his interest in digital currencies.

Congressman Bill Foster raised concerns about China’s aggressive push to the use of digital currencies.

Responding to this, Powell said that the Fed has several projects underway.

This was enough to usher a fresh optimism in the crypto market.

Apart from Bitcoin, a majority of the top-ten cryptocurrencies are showing gains between 5-10%.

The overall cryptocurrency market cap added $20 billion soon after Powell’s comments, taking it to above $300 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:

BREAKING: Fed Chairman Jerome Powell just came out in favor of private transactions for digital currencies.He specifically said “A ledger where you know everybody’s payments is not something that would be particularly attractive in the context of the US.”

Game on 🙏🏽

— Pomp 🌪 (@APompliano) February 11, 2020

https://cointelegraph.com/news/bitcoin-price-tackles-104k-level-as-futures-markets-hit-5-month-high

bitcoin-price-hits-10320-fed-crypto-dollar

https://bitcoinexchangeguide.com/bitcoin-price-could-triple-this-year-and-beat-dow-to-40000/

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Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.” That’s according to analyst PlanB, who on June 20 released his latest sentiment-busting bullish BTC price prognosis.

“Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug 47K, Sep 43K, Oct 63K, Nov 98K, Dec 135K.

Wait until you seen my base case and best case scenarios! OK, a hint: best case Dec $450K”

In other trending Bitcoin News today: Rich Dad Poor Dad’s Robert Kiyosaki Warns of ‘Biggest Crash in World History’ — Expects $24K Bitcoin Price. Famous author and investor Robert Kiyosaki has predicted that the biggest crash in the history of the world is on the way.

“Biggest bubble in world history getting bigger. Biggest crash in world history coming. Buying more gold and silver. Waiting for bitcoin to drop to $24K. Crashes best time to get rich.”

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🔥 [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:

Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down.

There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K pic.twitter.com/hDONOVgxH1

— PlanB (@100trillionUSD) June 20, 2021

https://cointelegraph.com/news/bitcoin-price-can-hit-450k-in-2021-135k-is-worst-case-scenario-planb

https://news.bitcoin.com/billionaire-steve-cohen-deep-dive-into-crypto-fully-converted-not-missing-this/

https://news.bitcoin.com/rich-dad-poor-dads-robert-kiyosaki-biggest-crash-in-world-history-24k-bitcoin-price/

https://cointelegraph.com/news/china-s-3rd-largest-bank-rugs-btc-5-things-to-watch-in-bitcoin-this-week

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Right now, with the Bitcoin market cap sitting just under $1 trillion, BTC is only a very tiny fraction of the world’s assets combined. So in the grand scheme of crypto, this is why many analyst believe we’re still so early.

“If Bitcoin captures just 5% of the market cap of other assets on this chart, it’ll be worth over $2M/coin.”

In other trending Bitcoin News today: Bitcoin bears lack ‘balls’ to continue selling into 2022!

BTC bears will probably be too “stoneless” to keep prices down much longer, fresh Bitcoin price analysis argues.

In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction.

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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:

💥💥💥”Technical analyst are 100% correct when looking backwards. They’re 100% correct in predicting the past. I don’t know of a single technical analyst billionaire in the world. Technical analysis is essentially astrology for men.”-@MaxKeiser🍊💊

— Crypto News Alerts 🔥🎙 (@CryptoNewsYes) January 15, 2022

https://u.today/max-keiser-predicts-that-g7-country-will-start-mining-bitcoin

https://cryptopotato.com/northwest-arkansas-offers-10000-in-bitcoin-to-people-who-settle-in-the-region/

https://cointelegraph.com/news/bitcoin-miners-can-take-fresh-20-btc-price-hit-before-capitulating-data-shows