BITCOIN LIKELY HEADING TO $5 MILLION PER BTC – HERE’S WHEN!!!! SCREAMING BTC BUY SIGNAL!!!!

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The world of Bitcoin and Cryptocurrency moves at a whirlwind pace but the Twitter / Square CEO Jack Dorsey remains committed to BTC.

In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes Bitcoin’s potential still outshines later developments:

“I think the internet warrants a […] native currency and […] Bitcoin is probably the best manifestation of that thus far. I can’t see that changing given all the people who want the same thing and build it for that potential.”

Dorsey connected BTC’s founding principles with the cooperative and decentralized ethos that he considers to be the driving spirit behind the web:

“The internet is something that is consensus-driven and is built by everyone, and anyone can change the course of it. Bitcoin has the same patterns, it was built on the internet.”

Dorsey lauded the fact that “anyone with a great idea” who wants to be part of Bitcoin can join the community — they “don’t have to be part of a company,” he said.

Dorsey appeared committed to both Bitcoin and the internet in an idealized form — free from the specters of oligopoly, the excesses of corporate and government surveillance, and the stubborn asymmetries of power and capital that the advocates of decentralization must necessarily wrestle with.

Consistent with this belief in the possibility for grassroots control over the cryptocurrency’s — and the internet’s — future direction, Dorsey told reporters that it’s important to focus on improving users’ experience of Bitcoin in order to foster its widespread adoption.

In other trending Bitcoin News today:

Bitcoin Price Prediction: BTC Crucial Liftoff to $12,200 – Discovering On-Chain Metrics

The flagship cryptocurrency is currently stuck in consolidation.

The sluggish price movement comes after recovery from the recent dips under $10,000.

On the upside, BTC is limited under $10,400.

Meanwhile, the Bollinger Band highlights that ongoing consolidation is nearing an end.

As the Bollinger Bands squeeze, volatility continues to build.

Therefore, BTC could be heading into a period of high volatility and drastic price movement, but in which direction would be the breakout?

According to Timothy Peterson, CAIA manager at Cane Island Alternative Advisors, every time Bitcoin’s “30-day return hits this lower threshold (we are very close now), it is usually followed by 30-day gains of 20 – 40%.”

In other trending Crypto News today:

CNBC’s “Mad Money” Host Jim Cramer Is Finally Buying Bitcoin

According to popular Bitcoin bull Anthony Pompliano, he just convinced “Jim Cramer to buy Bitcoin.”

The details of the interview are not out yet, but Pompliano remarked in his replies that the financial analyst and investor “understands the benefit of Bitcoin better than most.”

“Just convinced Jim Cramer to buy Bitcoin. Reply to this tweet with your best meme or gif to welcome the world’s newest Bitcoiner”

Cramer’s comments come a year after he was openly hesitant to buy Bitcoin. Responding to a follower that asked if he thinks it’s logical to have 60% of his wealth in stocks and 40% in BTC, Cramer wrote:

“Mad Money into bitcoin? Hmmm.. not top of mind. but then again, it is YOUR mad money so you must do what you think is right.”

These comments, though, also come after he stated that Bitcoin could reach $1 million in 2017.

He purportedly said on Squawk on the Street,” another CNBC show, that the cryptocurrency had room to rally exponentially to the upside because of its decentralized nature.

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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:

Just convinced @jimcramer to buy Bitcoin.

Reply to this tweet with your best meme or gif to welcome the world’s newest Bitcoiner 🔥

— Pomp 🌪 (@APompliano) September 10, 2020

CNBC’s “Mad Money” Host Jim Cramer Is Finally Buying Bitcoin

https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-prediction-btc-crucial-liftoff-to-12-200-discovering-on-chain-metrics-202009110717

https://cointelegraph.com/news/jack-dorsey-still-thinks-bitcoin-is-the-strongest-contender-for-an-internet-native-currency

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A popular crypto analyst says he expects the value of Ethereum, the world’s leading smart-contract blockchain, to skyrocket by over 4,300% from its current price of $225.

Bitcoin Macro gave his fearless forecast after being asked by one of his followers to provide his year-end prediction for the coin, saying ETH may climb to $10,000 in a new bull cycle.

Ethereum developers say they’re making strides behind the scenes. In a recent Ask Me Anything session on Reddit, developers working on ETH 2.0 say that they’re hoping to launch “phase 0” of Ethereum 2.0 by July 2020.

Researcher Danny Ryan writes,

“Phase 0 will certainly launch in 2020. Audits are out and testnets are getting stronger every week. I don’t see a reality in which Phase 0 does not launch in 2020.”

Ethereum 2.0 is the next major upgrade of the second-largest cryptocurrency.

It promises key improvements such as increased transaction throughput and the implementation of a proof-of-stake model that allows holders of ETH to earn rewards in return for powering the network.

In other BTC news today, new simple analysis says the Bitcoin price will jump 15% to $11,500 in coming weeks.

In the recent edition of the Decentrader newsletter, author and cryptocurrency trader Filb Filb drew attention to the $9,550 level for Bitcoin (BTC), which shows that this price point has always been an inflection point for the market.

More specifically, when the BTC price passed above $9,550, the leading crypto asset gained even more strength, and when prices failed to break this level, rallies quickly turned into bearish reversals.

With this in mind, he wrote that if Bitcoin can close the weekly candle above $9,550, which BTC is currently far above, it could “make its way to $11,500 quickly.” 

This would represent a 15% rally from current levels over the next few weeks.

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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:

Bitcoin Starts Vertical Rally To $11.5K and $12K: Uptrend Isn’t Over Yet

Here’s Why Bitcoin Price Could Explode 100% and Hit $20,000 by May

https://www.tradingview.com/chart/XBTUSD/Noakp7n5-Why-I-believe-Bitcoin-will-retest-All-Time-Highs-by-July-1-2020/

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Bitcoin (BTC), XRP, Ethereum (ETH), and the entire Crypto sector has gone through a turbulent year, with significant developments in the background.

Despite the setbacks, there are expectations for significant trends that will shape the moods, attitudes, and decision-making in 2020, which comes with various predictions as the Bitcoin market is about to choose a direction.

Messari has posted a report with 120 trends and opportunities in the Cryptocurrency sector, expected to appear and expand in the coming year.

“This is NOT an objective analysis, but a collection of my / our strong convictions for the decade ahead. It’s based primarily on my nearly seven years studying this industry closely and working in it full time.” – Ryan Selkis

Previous trends in crypto have been altered by Selkis.

He is now especially critical of Ripple XRP, calling it a project that’s “too-big-to-jail”.

At the same time, Tether (USDT) was a surprise, in that it continued to keep its dollar peg, while the project remained solvent.

EOS on the other hand, was deemed as being “broken and ran by a cartel”.

In 2020, BTC will lead again as the best performing asset, while altcoins will only follow if the Bitcoin price remains stable.

Smaller coins and tokens will continue to dump into oblivion, while other underwhelming trends will include tokenized securities, which still lag behind.

On a wider scale, the Crypto sector may give rise to a serious Web 3.0 movement, with decentralized hardware and the willingness to build a new infrastructure less reliant on surveillance and centralization.

In other Bitcoin news today, Crypto-preneur John McAfee says he will stop promoting individual coins to focus on his presidential bid — but already knows he will not win.

In a series of Tweets beginning on Dec. 14, McAfee, who has built a large following among crypto users, claimed that championing individual projects in the space took up too much of his time.

“People ask why I am no longer doing Blockchain promotions. It is very time consuming. My Presidential Campaign will be starting in earnest in January and I cannot do both. I am in no way abandoning crypto; only the task of promoting specific projects.” – John McAfee

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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:

WOAH (as @APompliano would say)I just published my most ambitious piece in the ~7 years I’ve been studying crypto full-time:”Crypto Theses for 2020″

Over the past eight days, I compiled 120 nuggets of my clearest thoughts into one 70 page report.https://t.co/dMSafdfW5k

— Ryan Selkis (@twobitidiot) December 16, 2019

I’m not backing off from Crypto. I’m backing off from promoting specific coins or projects. It’s the Wild West here in Crypto. Even I cannot properly vet anything in this nuclear explosion of technology, promise and exploitation to the degree that I am comfortable promoting it.

— John McAfee (@officialmcafee) December 14, 2019

Crypto Hot Trends and Opportunities for 2020, Messari Research

https://cointelegraph.com/news/no-chance-john-mcafee-halts-crypto-promo-as-us-2020-elections-near