BITCOIN PRICE WILL REBOUND BACK ABOVE $50,000 HINTS BTC FRACTAL SETUP FROM 2019, SAYS TRADINGSHOT!!

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Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today. 

In an announcement on July 1, Strike founder and CEO Jack Mallers launched a salvo at leading U.S. cryptocurrency exchange Coinbase, stating that his platform will set out to be the “cheapest and easiest place on the planet to acquire BTC.”

Mallers added that the aim is to drive prices in the market as close to nothing as possible, which would be in keeping with Bitcoin’s ethos. 

“Our mission is to secure financial freedom for all, and we won’t stop until we do so for all 8 billion people on the planet.”

In other trending Bitcoin News today: “Bitcoin May Hit $250,000, This Analyst Predicts An Incredible Price Surge!”

Because of its volatility, the Bitcoin market is a new market every day. The outcome is always surprising, no matter how well one predicts the future. 

These were the thoughts of Scott Melker, called “The Wolf of All Streets”. He picked up the monthly chart in his most recent analysis video and brought up some fascinating observations.

“Even if it went next month to the top of the channel (the upper trend line), that’d be $158,000, a month later 168, 176 you see it takes a few months…That gets us to those 230, 250, 280 thousand targets”

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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 May Hit $250,000, This Analyst Predicts An Incredible Price Surge

https://jimmymow.medium.com/announcing-the-bitcoin-tab-133fffc5f668

https://cointelegraph.com/news/strike-to-offer-no-fee-bitcoin-trading-taking-aim-at-coinbase-and-square

https://cointelegraph.com/news/bitcoin-bounces-at-key-range-amid-hope-btc-price-will-avoid-big-nuke

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Bitcoin Long-Term Cycles Offer Hopium…

When near-term BTC confusion prevails, sometimes it’s best to take a step back to see the bigger picture of where the market is and what possibilities the future holds.

According to Inmortal, a pseudonymous Twitter user, Bitcoin’s four-year cycle is currently about 65% through its bull-market phase and the trader predicts a top at $150,000, which will be followed by a correction to $32,000.

In other trending Crypto News today: Ethereum price can hit $14,000 if the March 2020 chart fractal holds.

Ethereum’s native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend’s striking similarity with the one from last year.

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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-traders-express-mixed-emotions-about-what-s-next-for-btc-price

https://cointelegraph.com/news/ethereum-price-can-hit-14k-if-the-march-2020-chart-fractal-holds

https://cointelegraph.com/news/paypal-set-to-launch-crypto-trading-in-the-uk-and-may-embrace-defi

https://cointelegraph.com/news/microstrategy-pledges-to-buy-more-btc-despite-paper-loss-on-its-holdings-of-424-8m-in-q2

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Now, billionaire technology investor Mark Cuban, has said he’d “rather have bananas than Bitcoin,” warning potential BTC and Cryptocurrency investors that digital tokens have “no intrinsic value.”

Cuban, who was speaking on a Youtube Q&A session for tech magazine Wired, claimed bitcoin was less useful than both bananas and baseball cards, as at least he could eat the bananas and look at the baseball cards.

In other Cryptocurrnecy news today…

Expert predicts the Bitcoin price could be following the same path as gold, which would allow its price to touch the much-coveted $20,000 mark next year.

Are Altcoins ready to explode?!

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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.

News Resources From Today’s Show:

#Bitcoin is showing a strong resemblance towards $GOLD prices during the 1980’s-2000’s market cycle!$BTC is moving at a much faster rate, and if we continue following this cycle we would pass all-time highs (20k+) within the next year.

Retweet and Like! 👍📈 pic.twitter.com/rvlgYRBjlu

— Crypto Welson 📊 (@CryptoWelson) October 3, 2019

#bitcoin fractal dimension (parameter b in a power law function y=a*x^b) indicates we are entering a new phase: orange/red. Although it doesn’t feel very orange/bullish at the moment, I am very exited about next 6-12 months 🚀 pic.twitter.com/RzfScTPnpq

— Plan₿ (@100trillionUSD) October 3, 2019

https://www.forbes.com/sites/billybambrough/2019/10/03/tech-billionaire-mark-cuban-picks-bananas-over-bitcoin/#254e358f4cce

https://u.today/bitcoin-price-will-surpass-20000-within-the-next-year-if-it-continues-to-follow-golds-market-cycles