BITCOIN PRICE WILL HIT 0K, Says Cardano (ADA) Founder Charles Hoskinson | BTC News Today

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A recent Bitcoin price prediction by veteran Crypto trader, Elixium, warns that the BTC price is at a major risk of seeing yet another crash.

This time, towards the $7,300 level if bulls don’t push back soon.

Elixium shared on Crypto Twitter…

“Bitcoin is currently below the 200 EMA & SMA. If it closes the daily like this then there’s a huge risk that it will dump down to $7,300.”

In other Cryptocurrency news today…

Ripple XRP not only failed to rally during the highly anticipated Swell 2019 conference this year, but actually sank by 16% shortly after.

But can the price recover, or will see the asset slump even further?

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

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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 Price at ‘Huge Risk’ of Crashing to $7,300

XRP Down 16% Since Swell, Can Price Recover?

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

A high-profile crypto trader is discussing what he believes is in store for Bitcoin heading into the rest of the year. 

The pseudonymous trader, known as ‘Crypto Kaleo’, also shares a chart overlaying with his projected July BTC price action. According to the trader’s chart, Bitcoin might consolidate until the end of July, and then take off and hit $48,000 by August.

“This isn’t to say that history mirrors itself perfectly, but it often rhymes.”

In other trending Bitcoin News today: DeFi on Bitcoin: Jack Dorsey says Square’s new division will make it happen.

Square CEO Jack Dorsey has revealed that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.

“Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is Bitcoin. Its name is TBD.”

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🔥 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:

Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD.

— jack (@jack) July 15, 2021

https://cointelegraph.com/news/defi-on-bitcoin-jack-dorsey-launches-new-square-division-to-make-it-easy

https://cointelegraph.com/news/paypal-increases-crypto-purchase-limits-to-100k

https://cointelegraph.com/news/bitcoin-price-tumbles-to-final-support-as-trader-warns-of-24k-btc-price-target

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Popular Bitcoin pioneer Max Keiser shared his latest BTC price prediction on Twitter…

“Buffett’s rotation out of banks into GOLD – marks the end of all-fiat money experiment started in 1971 – marks the start of 3rd leg of Gold’s bull run started in 2000 – marks the top in bond market – marks the beginning of $USD crash – marks start of BTC to $400,000.”

In other trending Bitcoin News today:

Bitcoin Price Will ‘Explode’ Says Trader if BTC Breaches $13,000

Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price.

In a tweet on Aug. 18, the derivatives trader JSterz highlighted “extreme” Bitcoin futures spreads as a sign that an intensely strong bullish advance may soon arrive.

Currently, Bitcoin futures contracts expiring in March 2021 are priced 6% higher than the BTC/USD spot price at around $12,280.

“It seems extreme to see BTC-Mar21 trading 6% above spot,” JSterz summarized. 

“We have been at this level about four times since 2017. If BTC breaches 13k+ this thing is going to explode.”

Open interest for a basket of trading platforms hit new all-time highs on Monday, beating a previous record from mid-February, before March’s coronavirus-induced crash.

“Note the changes in market share of OI,” Ikigai fund manager Travis Kling commented, uploading an overview chart to Twitter.

“We’ve been talking about The Herd… coming for so long its become a meme. But without a doubt, this is actually The Herd and its wildly bullish.”

Institutional investment in Bitcoin remains a major topic of conversation among supporters this month, following a dramatic buy-in from multibillion-dollar MicroStrategy in late July.

Asset manager Grayscale has seen record investment in its various cryptocurrency funds, as Bitcoin outperforms gold as a fiat hedge.

On Monday, a sudden swing above $12,000 was assumed to be a red herring, but the higher levels have since held.

For John Bollinger, creator of the Bollinger Bands volatility indicator, there was now every reason to believe in the strength of the rally.

“I imagine that someone is complaining about the $BTCUSD rally. Not me, a picture perfect advance so far,” he tweeted at the time.

“Squeeze, confirmed break out, walk up the upper band, consol, support at middle band, mini-Squeeze, break to new highs. How much more could one ask for?!”

In other trending Bitcoin News today:

The New McAfee: Dave Portnoy Forgets About Bitcoin and Starts Shilling Low-Cap Altcoins To His 1.7M Followers

The poster child for legacy market day trading, Dave Portnoy, who recently met the Winklevoss Twins to discuss Bitcoin, is now well over it.

Apparently, his new passion lies within low-cap altcoins such as Orchid (OXT).

The cryptocurrency has a total market capitalization of less than $40 million.

Despite being relatively unknown in the space, Portnoy is supposedly investing in it.

Max Keiser tweeted,

“As predicted last week ADD victim Dave would forget about BTC within minutes and immediately become a shitcoiner. John McAfee came very close to being jailed for this ‘coin of the day’ scam. Might still be.”

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🔥 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:

Buffett’s rotation out of banks into $GOLD – marks the end of all-fiat money experiment started in 1971 – marks the start of 3rd leg of Gold’s bull run started in 2000– marks the top in bond market

– marks the beginning of $USD crash

– marks start of #BTC to $400,000

— Max Keiser (@maxkeiser) August 17, 2020

https://twitter.com/JSterz/status/1295415254193766400/

https://cryptopotato.com/the-new-mcafee-dave-portnoy-forgets-about-bitcoin-and-starts-shilling-low-cap-altcoins-to-his-1-7m-followers/

https://cointelegraph.com/news/bitcoin-price-will-explode-says-trader-if-btc-breaches-13-000