BITCOIN HITS STOCK-TO-FLOW REBOUND LEVEL NOT SEEN SINCE 2017 ATH!! CRYPTO TO TRANSFORM 4 INDUSTRIES!

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Dan Held, the director of growth marketing at crypto exchange Kraken, says that Bitcoin could surge by over 500% if BTC follows the cycle of its 2013 bull run.

In a new interview on Altcoin Daily, Held compares the current state of the cryptocurrency market to what happened in 2013. He also shares his price prediction based on Bitcoin potentially mimicking its 2013 cycle.

“If we repeat 2013, we could see Bitcoin hitting between $300,000-$400,000 Bitcoin. Now. history usually rhymes, it doesn’t repeat itself, so it’s probably not going to be exactly that, but if it did, that would be my best price point.

So my price point, I would say that I think it’s going to land probably between [$100,000 and $300,000]. But if we match 2013 again, it could be [$300,000 to $400,000].”

In other trending Bitcoin News today: Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats!

The weekly MACD delivered six-month gains of 450% the last time it flipped into bullish territory.

The last time that a bullish crossover occurred, BTC/USD saw a 5.5X price increase — from $11,500 in October 2020 to all-time highs of $64,500 just six months later.

Should history repeat itself, Bitcoin could end up at over $220,000 by the end of the year or in early 2022.

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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/bitcoin-bullish-cross-on-weekly-chart-paints-225k-btc-price-target-if-history-repeats

https://cointelegraph.com/news/here-s-what-traders-expect-now-that-bitcoin-price-rallied-back-to-50k

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A popular crypto trader and analyst says he plans to scale out of Bitcoin once BTC hits a certain level. 

Kaleo, a trader who has amassed a large following in the current market cycle, tells his 329,900 Twitter followers that Bitcoin will likely surge more than 520% from its current value of $34,658 by the end of the year.

“Still think it tops out w/ a nice wick around $185,000 – $215,000, but my goal isn’t to snipe the top.”

Amid his mega bullish outlook for the leading cryptocurrency, Kaleo says he will start selling once Bitcoin breaks below his price target.

“Basically, my game plan is to be uber bullish until Bitcoin breaks above $150,000. I’ll start exiting there and flip uber bearish when it breaks back below $150,000.”

In other trending Bitcoin News today: Bitcoin Supply Shock Now in Play, Says On-Chain Analyst Will Clemente!

Clemente tells his 129,500 Twitter followers that a supply-side crisis may be on the horizon as investors with strong hands, or with little history of selling, pounce onto BTC amid its downward price action.

“Bitcoin is now in heavy accumulation. Supply shock in play. There’s been a clear bull divergence in strong hand buying vs price, but check out that big spike printed last night. This force is pushing up against price.”

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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:

Basically my game plan is to be Uber bullish until Bitcoin breaks above $150K. I’ll start exiting there and flip Uber bearish when it breaks back below $150K.

— K A L E O (@CryptoKaleo) July 2, 2021

https://dailyhodl.com/2021/07/04/popular-analyst-unveils-year-end-target-for-bitcoin-says-hes-selling-once-btc-hits-this-level/

Bitcoin Supply Shock Now in Play, Says On-Chain Analyst Will Clemente

https://cointelegraph.com/news/an-even-bigger-mining-difficulty-drop-5-things-to-watch-in-bitcoin-this-week

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RIPPLE XRP IS DOGSH*T SAYS BITMEX CEO ARTHUR HAYES | Bitcoin (BTC) is Brewing the Perfect Storm for a Parabolic Mid-2020 Rally

Today, February 5th should have been an exciting day for Ripple XRP as behemoth derivatives exchange BitMEX adds a new perpetual swap contract for its XRP token.

But while BitMEX is “proud” to announce the new trading pair, CEO Arthur Hayes calls XRP “dogsh*t” on Crypto Twitter.

Ripple fans should be celebrating this listing and looking forward to more meaningful price action.

Except that this day will now be tainted with a whiff of something unpleasant as BitMEX CEO Arthur Hayes vocally disses Ripple’s token on Twitter.

“Is it called Ripple, XRP, or dogsh*t? Who knows, who cares. It’s worth more than zero so it’s time to trade the USD pair on BitMEX. Boo-Yaka-sha!“

This type of outburst on Twitter won’t go down well with Ripple as one of crypto’s most influential people outwardly slates XRP. 

It also shows the BitMEX CEO cares very little about the quality of the projects he lists as long as they make him money.

And it gives yet another reminder of the responsibility that comes with power–and the dangers of loose fingers on Twitter.

Bitcoin (BTC) is Brewing the Perfect Storm for a Parabolic Mid-2020 Rally

2020 has been Bitcoin’s year, with the cryptocurrency posting massive gains throughout January as bulls attempt to lay the groundwork for the BTC price to see parabolic gains throughout the rest of the year.

It is important to note that there is currently a multitude of separate factors that are influencing the Bitcoin price action, and the confluence of these factors does seem to suggest that a new bull-favoring cycle is right around the corner.

As for when this new cycle will begin, it does appear that all these factors are pointing to a notable macro trend shift occurring in early-May, which happens to be when the crypto’s mining rewards halving event is set to occur.

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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:

Been about a month, updating again. Incredible bounce off the curve.

Halving estimate updated to May 12th, 2020. This is looking like it will be May 10th or earlier by the time it arrives.$BTC pic.twitter.com/Y9rcOjZXH2

— Jonny Moe (@JonnyMoeTrades) February 3, 2020

Is it called Ripple, XRP, or dogshit? Who knows, who cares. It’s worth more than zero so it’s time to trade the USD pair on BitMEX. Boo-Yaka-sha! https://t.co/pa3T5vd5kl

— Arthur Hayes (@CryptoHayes) February 4, 2020

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Bitcoin is Brewing the Perfect Storm for a Parabolic Mid-2020 Rally

Ripple’s XRP Is Dogsh*t Says BitMEX CEO