đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Despite Bitcoin price crashing below the critical $30,000 support for the first time in one month, a collection of BTC whale wallets suddenly scooped up tens of thousands of Bitcoin over the weekend after being inactive since December of 2018.
High-profile crypto analyst and trader Benjamin Cowen is discussing what a relief rally could look like for Bitcoin.
In a new update, Cowen says that if BTC rallies in the coming period, it could bounce off the 50-week simple moving average (SMA).
Reflecting on historical price action, Cowen reasons that a bounce from the current level, which is just below $32,000, could allow Bitcoin to rise by 34% to 62%.
âIf we do get a bounce off the 50-week [SMA], we can at least see prior moves did not have us putting in new all-time highs immediately. If we were to go up, say approximately [based on] the prior moves ⊠a 34% move would take us back up to maybe $44,000. A 45% move would take us up to around $46,000⊠And a 62% move would take us up to around $52,000 or $53,000.â
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
https://cointelegraph.com/news/crypto-joins-stocks-in-extreme-fear-after-bitcoin-loses-30k-support
You Might also like
-
IS $100K BITCOIN STILL POSSIBLE IN 2021?!!!!!
đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Crypto trader and market analyst Lark Davis is looking to the past to see if Bitcoin could hit six figures this year.
Davis says that the current BTC price action is reminiscent of Ethereumâs 2017 bull run.
âIs there precedent for an asset having a massive run up, then a long brutal corrective period followed by a spectacular blow off top later that year? Yes, of course.
Ethereum did almost [exactly] that in 2017, ended the year 237% higher than the âtopâ.â
In other trending Bitcoin News today: Ukraine Unveils Roadmap to Integrate Cryptocurrencies by 2024
Government and business representatives have produced a roadmap to transform Ukraine into a leader in cryptocurrency integration. The authors of the new strategy want to see half of Ukrainians using digital currencies by 2024. The East European nation is expected to regulate its crypto space by the end of this year.
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
https://news.bitcoin.com/ukraine-unveils-roadmap-to-integrate-cryptocurrencies-by-2024/
https://cointelegraph.com/news/bitcoin-traders-watch-32k-ahead-of-friday-s-330m-btc-options-expiry
https://cointelegraph.com/news/3-reasons-why-traders-think-bitcoin-price-bottomed-at-29-500
Post Views: 95 -
RICH DAD POOR DAD AUTHOR PROMOTES BITCOIN: âFEDERAL RESERVE IS DEADâ | BTC Exponential Bull Run
âĄïžÂ Teeka Tiwari â Investment of the Decade:  http://2020.cryptonewsalerts.net
According to Robert Kiyosaki, an American entrepreneur and âRich Dad Poor Dadâ author, owning Bitcoin (BTC), silver, and gold is a wise decision because the âFederal Reserve is dead.â
He cited the increase in so-called âzombie companiesâ and their respective debts, purportedly at $900 billion.
Kiyosaki writes that the debt âzombiesâ have will pass $1.6 trillion next year, putting risk on the Federal Reserve.
âFED is Ded. Loans to Zombie CEOs cannot be paid back. In 2020 Zombies owe $900 billion with decling income. By 2021 Zombie debt to pass $1.6 trillion. Got gold, silver, Bitcoin? âAccept what ever comes to you woven in the tapestry of your destiny.â Marcus Aurelius. Take care.â
To combat this trend, alongside a potential debt crisis and money printing, Kiyosaki has effectively prescribed Bitcoin, silver, and gold.
He has mentioned those assets to his over one million followers ad nauseam over recent months.
The âRich Dad Poor Dadâ author says that those assets are âreal moneyâ while the fiat money printed by Federal Reserve is âfake.â
Kiyosaki isnât only bullish on Bitcoin in spirit â he has a price target for the cryptocurrency.
He wrote in May that BTC could hit $75,000 in the next three years while the two precious metals also perform well.
Kiyosakiâs poignant comments on the economy and its relation to gold and Bitcoin comes as the precious metal has rallied.
In other trending Bitcoin News today:
Little-Known Crypto Asset Far Outperforms Bitcoin (BTC), Surging 5,000% Since April 2019 â Hereâs Why
A low market-cap coin is gaining recognition after printing 5,000% gains since April 2019.
Crypto analyst and investor Alex Saunders tells his 35,000 Twitter followers that he came across Synthetix (SNX) after attending the Edcon Conference in Sydney last year.
âWe were extremely early into a hidden gem & and it has been the best performing project in the best performing sector: decentralized finance.â
Synthetix is a derivatives trading platform built on the Ethereum blockchain that allows users to bet on a number of assets including stocks, crypto, fiat currencies, and commodities.
Those who wish to participate in the market can do so trading by their BTC or ETH into Synthetic Network Tokens (SNX), which can be locked up as collateral to produce synths such as the sUSD (synthetic US dollar).
Traders who hold synths can bet whether a particular stock or currency will rise or fall. Whatâs unique about Synthetix is that users who choose to stake their SNX tokens as collateral can earn rewards.
SNXâs value proposition of reducing circulating supply by introducing rewards, compelling users to stake massive amounts of coins, and enabling them to get exposure to other assets appears to be driving demand.
Synthetix is currently the third-largest DeFi platform with over $259 million worth of assets locked. The cryptocurrency has a market capitalization of $154.2 million according to CoinMarketCap.
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
FED is Ded. Loans to Zombie CEOs cannot be paid back. In 2020 Zombies owe $900 billion with decling income. By 2021 Zombie debt to pass $1.6 trillion. Got gold, silver, Bitcoin? âAccept what ever comes to you woven in the tapestry of your destiny.â Marcus Aurelius. Take care.
â therealkiyosaki (@theRealKiyosaki) June 28, 2020
ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.
â therealkiyosaki (@theRealKiyosaki) May 16, 2020
The best performing #DeFi project of the past two years is $SNX. It’s up 5000% since April 2019 Edcon Sydney. After seeing @synthetix_io presentation I told members this was a top 2 $ETH project & I was buying. We took some profit in Dec but kept HODLing for the long term. đ„đđ pic.twitter.com/TdImu7GsVY
â Alex Saunders đŠđșđšâđŹ (@AlexSaundersAU) June 26, 2020
Rich Dad Poor Dad Author Promotes Bitcoin: âFederal Reserve Is Deadâ
https://cointelegraph.com/news/new-bitcoin-price-model-suggests-exponential-bull-run-in-one-month
Post Views: 99 -
CONTROVERSIAL BITCOIN PRICE MODEL PLACES 'EXACT DATE' ON WHEN BTC WILL SHATTER 0,000!!
âĄïž Tap into OPM (Other Peopleâs Money): http://opm.cryptonewsalerts.net
We can expect the Bitcoin price to shatter $100,000 on this âexact dateâ according to one of the most controversial BTC analysts in Crypto.
Using the stock-to-flow model (S2F), which divides the amount of Bitcoin in circulation by the amount of BTC mined per year, PlanB believes BTC is set to be over $100,000 on August 16th, 2021.Â
The high-profile crypto analyst retweeted a post from Dutch entrepreneur Marc van der Chijs on the viability and timing of the S2F model.
âMost people think this is impossible, but I have seen a 1,000% increase in less than a year at least twice before in BTC (2013 & 2017). S2F is holding up pretty well after the halving, if FOMO will start again, anything is possible.âÂ
PlanB was the first analyst to apply the S2F model to Bitcoin.
Although it has plenty of critics, predictions from the model have so far been highly accurate.Â
Over the weekend, the quantitative analyst told his 123,000 Twitter followers that the stock-to-flow ratio continues to be in step with Bitcoinâs price action.
â3rd red dot (currently $11,850) above 2nd red dot (bitcoin July close $11,356) and above 1st red dot (June close $9,132)⊠next target: December 2017 ATH close $14,000.â
In other rending Bitcoin News today:
ANALYST: BITCOIN COULD SURGE TO $17,000 ONCE THIS CRUCIAL LEVEL IS BROKEN
Analysts are now closely watching to see how BTC continues responding to $12,000, as it has yet to catalyze any sharp selloff during this latest push higher. While speaking about Bitcoinâs near-term outlook, one analyst explained that in an optimistic scenario, the cryptoâs price could push as high as $17,000.
That being said, he also notes that there are hurdles in the way, with $13,000 being the first region he is watching.
âBitcoin: Given the significance of this level, Iâm starting to think this is becoming a very likely scenario. However, a clear break and flip of $12K are continuations towards $13K and possibly $15-17K area.â
For this possibility to play out â or even come close to coming to fruition â it is imperative that Bitcoin breaks past $12,000 with decisive force.
EX-PRUDENTIAL CEO DOES A U-TURN: IT IS TIME TO BUY BITCOIN
In an interview with Fred Katayama of Reuters, Mr. Ball, who currently serves as the Chairman of the investment firm Sanders Morris Harris seemed to showcase a more positive stance towards Bitcoin.
Previously, George was a hater of the worldâs top cryptocurrency and blockchain technology.
But now he thinks that Bitcoin makes for an attractive long-term investment. According to him:
ââŠitâs where many people will turn after Labor DayâŠâ Ideally, as an investor, he would either want âto make a safe haven for my money or a short-term speculative bet.â
The ex-Prudential boss remarked that the current scenario in stock markets is boring, and the âliquidity floodâ is the only thing thatâs keeping things afloat.
But that will soon end. Mr. Ball said that the continuous flurry of stimulus packages would eventually return to bite back the government, and added that: He thinks that âtraders and investors should realign their portfolios substantially,â and allocate sections of their portfolios to Bitcoin.
Why? Because BTCâs ââŠsomething that canât be undermined by the government, and it wonât become worthlessâŠâ And thatâs why wealthy traders and investors could probably turn to Bitcoin, as âthere are no yields today.â
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
$BTC #BITCOINGiven the significance of this level, I’m starting to think this is becoming a very likely scenario.
However, a clear break and flip of $12K are continuations towards $13K and possibly $15-17K area. pic.twitter.com/jSeAuyRhCp
â Crypto MichaĂ«l (@CryptoMichNL) August 15, 2020
No, $288k is the average in roughly mid2020-mid2024
â PlanB đŽ đŽ đŽ (@100trillionUSD) August 17, 2020
Most people think this is impossible, but I have seen a 1000% increase in less than a year at least twice before in BTC (2013 & 2017). S2F is holding up pretty well after the halving, if FOMO will start again anything is possible. https://t.co/rOf63ud0zK
â Marc van der Chijs â new account (@marcvanderchijs) August 16, 2020
Analyst: Bitcoin Could Surge to $17,000 Once This Crucial Level is Broken
https://cryptopotato.com/ex-prudential-ceo-does-a-u-turn-it-is-time-to-buy-bitcoin/
Post Views: 145