Bitcoin Price Could Hit 0,000: Trading Legend Peter Brandt Explains How | Major BTC Rally Ahead

➡️ Teeka Tiwari – Investment of the Decade:  http://2020.cryptonewsalerts.net

Placeholder Capital partner Chris Burniske says he believes a new Bitcoin bull cycle will bring the BTC price to at least $50,000.

Burniske says the prediction is designed to account for Bitcoin’s historic pattern of posting diminishing returns for each subsequent bull run.

“Why Bitcoin $50,000? As discussed in May 2019, if BTC is half as volatile in this cycle as it was in the last, we would still expect it to cross $50K and $1 trillion in network value. $1 trillion has been a long time coming for this macro-asset.”

If Bitcoin can mount such a rally, Burniske says Ethereum will likely once again outperform BTC, as it did during the previous parabolic crypto cycle in 2017.

If that happens, he expects ETH to surpass $7,500 – a 3,132% increase from today’s price of about $232.

“Meanwhile, to the mainstream ETH will be the new kid on the block – expect a frenzy to go with that realization. Given ETH’s outperformance of BTC over its lifetime (chart below again), not to mention smaller network value and strong on-chain economies, I see every reason for ETH/BTC to surpass ATHs. If BTC goes $50,000+ in the next cycle, and ETH/BTC returns to its former ATH, then expect to see ETH $7,500+.”

Burniske, who is a big fan of the Ethereum-based push to decentralize finance, says he thinks it’s still early days for crypto.

He expects mainstream retail investors to repeatedly jump into the market in a cyclical pattern on the path toward widespread adoption.

“Crypto is still off the radar compared to 2017-style interest, and that type of interest will come again, and again, and again, and… Each cycle with past narratives hardened + new narratives that drive further conversion of users, suppliers, developers, and investors.”

In other trending Bitcoin News today:

As Bitcoin Suddenly Surges 7.82%, Traders Spark Breakout Calls Above $10,500

Bitcoin bounced back on Tuesday after the Federal Reserve announced its plans to purchase corporate bonds to boost the financial markets through the pandemic.

The benchmark cryptocurrency surged by up to 7.82 percent from its Monday low below $9,000.

The move uphill took its price above $9,500, sparking calls towards an extended recovery run towards the $10,000-$10,500 area.

One pseudonymous analyst said earlier Tuesday that Bitcoin’s recovery from below $9,000 is a part of a “re-accumulation” strategy.

He concluded that the cryptocurrency would break above $10,500, a resistance level from June 1, 2020, and February 13, 2020, as the uptrend flourishes.

The analyst explained that bitcoin is testing 10,500 for the third time since February 2020.

Nevertheless, each downside break leads to an accumulation phase that causes Bitcoin to retest the red area, as shown in the chart above.

“We have been sitting under this level and consolidating now for a month,” he added. “Many believe that this sideways consolidation we have been seeing on $BTC for the last month or so is distribution before a larger move back down to 6-7k’s. I personally believe that this is rather re-accumulation before the inevitable break of 10.5k.“

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 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:

No I think the lows are in. Here is the way I am counting it. This was shared when BTC was at 5-6k. A running flat for Wave 2 allows for a corrective move up off the lows rather than an impulsive one like most have been looking for. pic.twitter.com/ENxNFAAUlQ

— Credible Crypto (@CredibleCrypto) May 12, 2020

➡️ 5 *MORE* COINS TO $5 MILLION: http://opm.cryptonewsalerts.net

Teeka Tiwari reveals his ‘Final 5’ crypto picks of 2020 in the most anticipated live cryptocurrency event of the year.

With the Bitcoin price currently dropping and with the market looking short term bearish, will the BTC halving which is now only 63 days away spark the next parabolic bull rally?

For the past six months, Teeka Tiwari – the independently ranked #1 most trusted person in crypto – has been on a world tour, investigating a rare crypto market phenomenon…

100% guaranteed to happen only once every four years. (It’s not the halving. The answer may surprise you.)

Over 100 billionaires and wealthy investors are in a buying frenzy right now, preparing for this phenomenon.

The last time it occurred in 2016 (we won’t see it again until 2024), you could’ve turned $500 into as much as $5 million – in 10 months.

During this landmark online training event, Teeka will fly you to the hidden-in-plain-sight epicenter of this phenomenon… so you can see with your own eyes: It’s real.

It’s 100% guaranteed to hit in roughly 50 days. And it could be bigger than any other phenomenon before.

Analyst Who Predicted Bitcoin Crash to $6,500 Says BTC Gearing Up for Major Move

One of the few analysts to predict the start of Bitcoin’s 2019 retreat says BTC may be due for another correction.

The pseudonymous analyst Dave the Wave tells his 25,000 followers on Twitter that he believes the leading cryptocurrency remains in a descending triangle that dates back to late 2018.

Following this script, he expects a short-term bounce before another sell-off that could bring BTC to $8,300 sometime between March and May.

Based on the analyst’s chart, that short-term bounce could send Bitcoin close to $9,500 this month before the correction begins.

Dave makes this prediction based on a reversing logarithmic moving average convergence and divergence (LMACD).

This indicator is designed to reveal changes in an asset’s trend, strength and momentum.

Last June, Dave correctly called the start of Bitcoin’s 2019 retracement.

He expected Bitcoin to drop to just above $6,000 before the end of 2019. His prediction turned out to be remarkably accurate, as BTC hit a yearly low of $6,425 in December.

Follow Us:

➡️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 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:

#btc #Bitcoin #eth #ethereum23 DAYS TILL THE BITCOIN BULL RUN STARTS!Shortterm resistance is now confirmed. This is a big deal as it confirms my suspicions of a dead cat bounce in play 🙀

Expecting to see heavy falling and $btc to be under $8000 this week.

💪🏼🤓👇🏼 pic.twitter.com/utM4qwZgZd— 𝗕𝗜𝗧𝗖𝗢𝗜𝗡 𝗕𝗨𝗟𝗟 𝗥𝗨𝗡 𝗔𝗣𝗥𝗜𝗟 𝟮𝟬𝟮𝟬 (@BITCOIN_BULLRUN) March 8, 2020

This Eerie Fractal Shows the Bitcoin Price Has Further To Fall From $9,000

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

Crypto trader and influencer Elliot Wainman is sharing his thoughts on the Bitcoin price potential, asserting that the asset is nowhere near its bull cycle top. The cryptocurrency analyst predicts that the flagship digital asset could reach a price of $1 million per BTC once the Bitcoin super cycle really kicks off.

“As we enter into May of 2021, which many people feel like might be towards the end of this bull run, I can’t help but feel like we’re on the brink of really crossing the chasm into a Bitcoin super cycle that would not only bring in hundreds of millions, if not billions of users, into crypto but would most likely send Bitcoin to astronomically new highs of hundreds of thousands, maybe even close to that hallowed ground of a $1 million Bitcoin.”

In other trending Bitcoin News today: Bullish ETH/BTC Pair Revives The Ethereum ‘Flippening’ Discussion

While Bitcoin continues to struggle below the $55,000 resistance level, the ETH/BTC pairing has started climbing higher in a move that was predicted by multiple analysts, including Real Vision CEO Raoul Pal. The bullish movement in the ETH/BTC pair has also reignited conversations about Ether price eventually flipping BTC.

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 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:

https://cointelegraph.com/news/key-bitcoin-price-metric-flashes-its-first-bullish-signal-in-4-months

https://cointelegraph.com/news/bullish-eth-btc-pair-revives-the-ethereum-flippening-discussion