BITCOIN IS GOING TO $500K THIS YEAR, SAYS TOP CRYPTO ANALYST! ETHEREUM PRICE HITS NEW ALL-TIME HIGH!

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“Bitcoin has been a monster from $1 to $11,000 and is now heading to $400,000”, says BTC pioneer Max Keiser, RT host of the Keiser Report.

When asked about a timeline for his bullish $400K Bitcoin price prediction, Max responded,

“It all depends upon how fast the dollar collapses, BTC has no top.”

Max says Bitcoin has no top because the US dollar has no bottom and when it comes to investing…

“You want hard money, something they can’t print.”

In other trending Bitcoin News today:

Apocalypse Survival Requires 1 BTC…

Says Joe Rogan Guest Celebrity and podcaster Adam Curry described the importance of Bitcoin to podcaster and comedian Joe Rogan.

He posited the asset’s importance amid an internet-based world which thrives on personal data sales, banking activities, and centralized control. 

“The apocalypse is coming, and you’re gonna need a Bitcoin — at least one,” Curry said in a Sept. 8 interview with Rogan.

“Are you a Bitcoin salesman, Adam Curry?” Rogan responded, put off at first by the comment. 

“I was very anti-Bitcoin, until I sold a s***load of them at like $900,” Curry said said, noting he acquired a stack of the asset in its early days. “I got them for nothing,” he said, adding: 

“People just gave them to me in the beginning and I denied it.”

He then referenced the industry’s progress over the last decade, including mention of altcoins. 

Rogan responded, opening an age-old can-of worms. He asked Curry why BTC remains in the number one go-to position among thousands of other crypto assets, wondering if another asset will overtake the asset’s spotlight. 

“Ten years of data have shown that Bitcoin really is the only one that you can trust,” Curry said, referring to the asset’s resistance against manipulation and its trail-blazing technical makeup. 

Much talk of a flippening — a digital asset overtaking Bitcoin’s market cap — has come and gone over the years, but no asset has yet achieved such a feat. 

In other Crypto news today:

BITCOIN CLOSING ABOVE THIS LEVEL COULD TRIGGER A MOVE BACK ABOVE $11,000

Bitcoin has flirted with a recovery ever since it hit $9,800 late last week.

The leading cryptocurrency currently trades at $10,250, but traded at both $9,900 and $10,400 over the past few days.

A crypto analyst believes that the cryptocurrency closing above $10,450 could trigger a recovery to $11,200. $11,200 is 9.2% above the current price and 7.1% above the validation point of this bullish theory.

“No candle has closed below 10.100 in 7 days, good work of the Spartans. Now bulls need to close above to 10.450 to “confirm” a up move to 11.2k.”

This trader isn’t the first to have assigned importance to the resistance in the $10,450 region.

A historically accurate analyst thinks that Bitcoin moving above $10,500 could trigger a textbook Wyckoff Accumulation pattern.

That pattern, should it play out, will take BTC back into the $11,000-12,000 range as the above analyst also suggested.

Analysts still think that macroeconomic trends favor Bitcoin’s growth in the longer run.

Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, recently wrote on the matter of BTC’s price action:

“Gold at $1,900, Bitcoin $10,000 Return to Decisive Support Zone – Some overdue mean reversion in the stock market is pressuring most assets, but we expect gold and Bitcoin to come out ahead in most scenarios. Declining equity prices encourage more monetary and fiscal stimulus…”

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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:

BOOMERS had it easy. Plenty of jobs-low cost real estate-rising stock market. MILLENNIALS have it hard. 9/11, 2008 real estate crash-now Covid-19. Good news. Millennials tech savvy. Boomers not. Bitcoin-Block chain-Digital currencies give Millennials head start into the future.

— therealkiyosaki (@theRealKiyosaki) September 9, 2020

#Gold at $1,900, #Bitcoin $10,000 Return to Decisive Support Zone – Some overdue mean reversion in the stock market is pressuring most assets, but we expect gold and Bitcoin to come out ahead in most scenarios. Declining equity prices encourage more monetary and fiscal stimulus.. pic.twitter.com/8dkJ2vdkdg

— Mike McGlone (@mikemcglone11) September 9, 2020

Bitcoin Closing Above This Level Could Trigger a Move Back Above $11,000

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Bitcoin (BTC) will trade between $20,000 and $50,000 according to top Cryptocurrency analyst Simon Peters of eToro.

In other trending Crypto news today:

Ethereum (ETH) Just Saw A Key Technical Breakout And $230 Seems Imminent

Since March’s capitulation lows of $3,700, Bitcoin has performed extremely well, recently rallying to $10,000.

It’s a level that BTC has traded above only for 5% of its history.

The move from the lows has undoubtedly been impressive, with Bitcoin attracting mainstream media attention as the world grapples with a recession.

Though analysts remain optimistic, asserting that new all-time highs past $20,000 are likely in the years ahead.

Analysts touting this sentiment include Galaxy Digital’s Mike Novogratz, Raoul Pal of Real Vision, and Dan Morehead of Pantera Capital — all former institutional traders turned crypto bulls.

There are also individuals like the Winkelvoss Twins, who are behind the Gemini crypto exchange, who buy into this as well.

Another is Simon Peters, analyst at eToro who told Bloomberg that in the next 18 months, Bitcoin will trade between $20,000 and $50,000.

For most of these individuals, the bullish sentiment comes down to one thing: central banks and governments.

Over the past few weeks, to respond to the growing economic crisis caused by the outbreak of COVID-19 and the subsequent lockdowns, the world’s monetary and fiscal authorities have printed trillions of dollars.

The Federal Reserve alone has added over $2 trillion to its balance sheet in the past two months, while the White House has signed off on trillions of dollars worth of stimulus.

The aforementioned Bitcoin proponents expect this macroeconomic trend to rapidly prove the value of a scarce and decentralized asset.

As Novogratz explained in a recent CNN interview:

“We have quantitive easing over quantitative easing all over the world, not just in the U.S. […] On the flip side, Bitcoin’s halving is basically ‘quantitative tightening’. So you have this exclamation point on the story of a scarce asset.”

Ethereum is up more than 5% and it broke the key $205 resistance against the US Dollar.

ETH price remains well supported and it is likely to continue higher towards $230.

After forming a strong support base above $192, Ethereum price started a fresh increase against the US Dollar. 

Bitcoin price also gained pace towards $10,000, resulting in an upside break above the $200 resistance zone.

The price surged above the $205 resistance and the 100 hourly simple moving average.

Ether is up more than 5% and it is now trading near the $215-$216 resistance zone.

An initial support is near the $214 level.

The 23.6% Fib retracement level of the recent rise from the $206 low to $216 high is also near the $214 level.

The first major support is seen near the $212 level, where the bulls might take a stand.

More importantly, there is a key bullish trend line forming with support near $210 on the hourly chart of ETH/USD.

The trend line is close to the 50% Fib retracement level of the recent rise from the $206 low to $216 high.

If Ethereum starts a downside correction, it is likely to find bids near the $212 and $210 levels.

Any further losses may perhaps lead the price towards the main $205 support zone (the recent breakdown zone).

If the bulls fail to keep the price above the $205 zone, there are chances of a renewed downtrend towards $192.

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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:

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.

— therealkiyosaki (@theRealKiyosaki) May 16, 2020

This started as a joke, but now I’m afraid I’ll never be able to log in to Twitter again without someone getting angry I don’t own Bitcoin. One day you’ll see a wizened old woman in the street, trying to trade a Harry Potter book for a potato. Be kind. She did try to understand.

— J.K. Rowling (@jk_rowling) May 15, 2020

https://cointelegraph.com/news/bitcoin-price-charts-hint-at-the-most-exciting-breakout-in-over-a-year

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

Mike Novogratz, CEO of crypto management firm Galaxy Digital, is dramatically pushing up his bullish Bitcoin  price prediction for 2021.

In a Bloomberg Technology interview, Novogratz shares that he’s witnessing the rising interest of big and institutional investors into BTC.

“We started seeing one group of investors after another. It was corporates with Square and MicroStrategy and Tesla. It was insurance companies with Mass Financial and others. It’s high-net-worth individuals. It’s ETFs (exchange traded funds).

All of a sudden, we went from a world where buying Bitcoin was kind of fringy or risky to not having it being risky right to not having this part of your portfolio in a world of central banks printing money. Our business at Galaxy is booming. We can’t hire salesmen fast enough to cover all the institutional accounts that want to either understand it or participate.”

As more institutions embrace the flagship crypto asset, the Bitcoin bull predicts that the BTC price will more than double and hit $100,000 by the end of 2021.

“It feels like we’re going to consolidate a little bit here in this $50,000 area, caught [between] $42,000 to $60,000 but then the next big leg is up to $100,000, and that wouldn’t surprise me at all if we crack a hundred by the end of the year.”

In November 2020, Novogratz predicted that Bitcoin will hit $20,000 first and then $65,000. The Bitcoin advocate’s newest projection presents an upside potential of nearly 120% as the leading cryptocurrency is currently trading around $45,500.

Novogratz adds that he believes older investors will likely get into the Bitcoin revolution soon.

“You know it surprises me. I’m saying that you know where I was in November, but the adoption I’m seeing is shocking, and it’s not like I’m just guessing. I’m looking behind me, in front of me, and seeing all these new projects that are coming, banks that are going to issue products for their wealth management businesses. Every big bank in America is working on a wealth management product, and so we’re going to get into the baby boomers sooner than I thought we would.”

In other trending Bitcoin News today:

3 reasons Bitcoin Recovered By 8% Overnight — Key Levels To Watch Next

The price of Bitcoin (BTC) recovered by more than 8% overnight on March 1 following a steep drop during the weekend.

There are three reasons the price of Bitcoin recovered swiftly in the past 24 hours. They include the recovering global stock market, rising Coinbase premium, and a typical weekend reversal.

The global stock market has started to recover as soon as the market opened on Monday, March 1.

The stock market slumped over the past week due to the rising Treasury yield curve. As the bond market rallied, risk-on assets, such as stocks, saw a pullback.

Holger Zschaepitz, said the global risk markets started the week strongly as bond yields eased. He said:

“Global risk mkts start the week on the front foot as bonds rally. Australia’s 10y yield fell 25bps, German 10y drops 3bps ahead of inflation data. US 10y steady at 1.41%. Following last week’s bloodbath, easing in bond yields is big relief. Gold gains to $1757. Bitcoin at $46.8k.”

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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:

The all-fiat money global experiment that started in 1971 led to increasing synchronized central bank policies. Now, there is only one global bank. And it’s about to fail (due to a collapse in confidence in fiat money, exacerbated by the rise #Bitcoin) pic.twitter.com/Fg82WkA9CI

— Max Keiser (@maxkeiser) February 28, 2021

Citibank have released a 106-page report on #Bitcoin.

BTC’s attributes “could spur it to become the currency of choice for international trade…. Bitcoin is at a tipping point and we could be at the start of a massive transformation of cryptocurrency into the mainstream.” pic.twitter.com/i8lrpxn5Ha

— Bloqport (@Bloqport) March 1, 2021

https://cointelegraph.com/news/3-reasons-bitcoin-recovered-by-8-overnight-key-levels-to-watch-next