đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Popular analyst and trader Michaël van de Poppe is providing his take on the latest market correction while naming a set of altcoins that have caught his attention.
âItâs great to see the strength on altcoins. Yes, weâve got some news regarding Bitcoin and Elon Musk (Tesla CEO), but essentially, not much has changed. Markets are still bullish.â
In other trending Bitcoin News today: Mark Cuban Responds to Elon Musk, Says Bitcoin and Crypto Will Benefit Society and the Environment!
Dallas Mavericks owner Mark Cuban says his NBA franchise will continue to accept Bitcoin as payment despite Elon Muskâs recent announcement that Tesla will not. Cuban tells his 8.4 million Twitter followers that, as a store of value, BTC is in fact a better environmental alternative to gold.
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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/altcoins-pop-while-bitcoin-looks-for-support-near-50-000
You Might also like
-
Top Crypto Strategist Predicts Bitcoin Will Surpass K in Just Two Months | BTC Will Shatter 0K
âĄïžÂ Teeka Tiwari â Investment of the Decade:  http://2020.cryptonewsalerts.net
Crypto analyst Nicholas Merten says Bitcoin may be only a couple of months away from surpassing its all-time high BTC price of $20,000.
On a new episode of DataDash, Merten looks at the boom and bust cycles of Bitcoin and says it is well-positioned to begin a parabolic rally.
âThereâs a really interesting similarity that Iâm seeing here when I take a look at the monthly chart of Bitcoin and the sense that has given me confidence that weâre just a couple of months away from getting back above $20,000.Â
The first thing I want to focus on is the longer-term chart, the expanding cycles. We talked about this: about how each new cycle usually expands by around 11 to 13 months.
In this case, we added 12 months for the previous one just to keep it neutral and weâre expecting sometime in November 2022 to be the peak around $100,000.â
The crypto strategist says that his $100,000 BTC prediction is conservative, especially in comparison to other analysts who forecast Bitcoin surging as high $500,000.
Once BTC begins printing new highs, Merten believes a rising tide will lift all boats and spark a new altcoin season.
The analyst says that the Bitcoin dominance chart is already flashing signals that are similar to the 2015 â 2017 altcoin bull market.
âI think this historical similarity is a good sign that we could be in an early stage of an altcoin cycle coming up here very soon. And not to mention, during this time period, even though the broader altcoin space hasnât really kicked off yet, we have got from 72% to 66% for market dominance for Bitcoin.
Thatâs gains for the altcoin space in general⊠If you are in the right place here even in these early moves, you can benefit quite greatly if you start to make the right calls.â
Merten believes that the new altcoin spring will be spearheaded by Ethereum.
He says the second-largest cryptocurrency is primed to erupt in a few months. âWhat we want to look for is an eventual breakout above this wedge and a continuation of higher lows and higher highs.
It looks like weâre formulating for that sometime around in the fall to the winter of 2020, lining up pretty close to our general estimations from what we can tell about altcoin dominance as well as Bitcoin.â
In other trending Bitcoin News today:
New Bitcoin Model Predicts BTC Will Shatter $100,000 Without Stock-to-Flow â Hereâs How
A new Bitcoin price model sweeping across the cryptoverse predicts BTC will hit $100,000 â without relying on the popular yet controversial stock-to-flow (S2F) model.
In a tweetstorm, analyst Croesus says that PlanBâs S2F model, which forecasts BTCâs rise to $100,000 by 2021, has a lot of naysayers because it predicts Bitcoin rising dramatically in a relatively short period of time.
But Croesus points out that critics of the model fail to take into account the exponential increase that comes with the adoption of new technology, whether it is social media or Bitcoin.
The pseudonymous analyst assumes that Bitcoin has a total addressable market of 2.2 billion users based on the number of individuals in the world with a net worth of at least $10,000.
Croesus says that Bitcoin has a current market penetration of 10 million users based on the number of addresses holding less than $1,000 worth of BTCÂ and including balances in crypto exchanges as well as ownership of Bitcoin derivatives.
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
Post Views: 382 -
TRON (TRX) IS OVERRUN WITH DAPP BOTS! | Bulls Push Bitcoin Price to a 2-Week High, is ,700 Next?
âĄïž [PODCAST PROMO] Get 250,000 CMDX Tokens from our sponsor (Valued at $25) For Free: http://promo.cryptonewsalerts.net
The TRON (TRX) network showed statistics out of the ballpark in comparison to Ethereum and EOS.
A study conducted by AnChain shows there is overwhelming bot activity on the TRON network, made possible by the very protocol for producing TRON blocks through Super Delegates.
New analysis shows that the reported activity of TRON distributed apps may be the result of deliberately deployed bots.
âAnalyzing the Top 10 gambling Tron DApp transactions in Q1 2019, we have determined that blockchain bots contribute to 30.7% of unique accounts and 19.3% of transactions,â the team discovered.
In other Crypto news:
Bulls push the Bitcoin Price to a 2-Week High, is $9,700 Next?
Are Altcoins ready to explode?!
âĄïž Watch 5 Coins to $5 Million Replay here: http://teeka.cryptonewsalerts.net
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net
đ„ Subscribe on TuneIn: http://tunein.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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.
News Resources From Todayâs Show:
https://cointelegraph.com/news/bulls-push-bitcoin-price-to-a-2-week-high-is-9-700-next
Post Views: 331 -
MAX KEISER SAYS BITCOIN WILL SKYROCKET 40-80X WHILE WARREN BUFFETS WEALTH HYPERINFLATES TO NOTHING!!
âĄïž Leverage OPM (Other Peopleâs Money): http://100.cryptonewsalerts.net
People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while the BTC price skyrockets 40-80x, says Max Keiser.
Popular TV host and long-time Bitcoin proponent Max Keiser believes that futures traders suppress the Bitcoin price at current levels.
However, once the asset explodes to Keiserâs intermediate target at $28,000, the BTC amount for sale will evaporate as governments and institutions will purchase directly from miners.
Keiser recently tweeted that âthe (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.â
CryptoPotato reached out to the popular TV host to elaborate on his views regarding the price suppression and potential surge in value.
Keiser asserted that âfor the worldâs poor, the current price and availability of BTC are a once in a species-existent opportunity to acquire unconfiscatable Hard Money before a 40-80x move on the upside.â
He commented that his âforensic analysis of the BTC market, corroborated by insiders, is indicating futures traders are suppressing the price of BTC to give institutional players a chance to load the boat.â
He also gave his intermediate price target of $28,000 per coin. Once the cryptocurrency reaches that level, it would be a significant game-changer for peopleâs perception of the asset.
âWhen this happens, weâll see something quite unexpected. The retail market for BTC will dry up. The amount of BTC for sale AT ANY PRICE will be increasingly tiny. Institutions, corporations, and governments will be buying BTC directly from miners, presumably at a huge premium.â
Keiser, who previously said that Warren Buffet will start panic buying Bitcoin when the asset price jumps to $50,000, said that people like the prominent investor, who have no Bitcoin exposure, will see âtheir wealth hyperinflate to nothing.â
Itâs no secret for the community that Buffett isnât a fan of the primary cryptocurrency..
He once called Bitcoin ârat poison,â and even a charity launch with TRONâs Justin Sun couldnât change his mind.
Shortly after the event, Buffett insisted that BTC has no value âand never will.â
However, Buffett recently purchased a massive share in a mining company producing gold while reducing his exposure in significant banks such as JPMorgan Chase and Wells Fargo.
Keiser believes that those who had taken a similar path and purchased gold and silver will be less impacted.
Nevertheless, even gold holders âwill see their wealth take a relative nosedive against investors that are 100% BTC.â
In other trending Bitcoin News today:
Even The Rothschildâs Are Buying Bitcoin; Grayscaleâs Holdings Surpass 450k BTC
The Rothschild Investment Corporation has bought 27 bitcoins in share form through Grayscale Bitcoin Trust (GBTC).
GBTC itself added another 6,937 BTC (worth $72 million) in the past few days after reporting the third straight record quarter with inflows reaching $1 billion.
As of Sept. 2020, Grayscaleâs bitcoin holdings reached 450k BTC, representing nearly 2.5% of all Bitcoin supply, as per YCharts.
Rothschild reportedly has $1.4 billion in assets under management, with $235,000 of it held in Bitcoin.
This makes them one of the most prominent investment banks to get into bitcoin, which is most likely for their clients.
Other big names like Rockefellers began investing in blockchain and crypto startups back in 2018.
Blackrock, with $6.3 trillion assets under management, also started considering diversifying into crypto the year following the bitcoin price top.
Follow Us:
đ„ Blog/Podcast: http://CryptoNewsYes.com
đ„ Subscribe on YouTube: http://CryptoNewsAlerts.net
đ„ Subscribe on Spotify: http://spotify.cryptonewsalerts.net
đ„ Subscribe on iTunes: http://itunes.cryptonewsalerts.net
đ„ Follow on Twitter: https://twitter.com/CryptoNewsYes
đ„ Join our Private Crypto FB group: âș http://fb.cryptonewsalerts.net
đ„ Join our Private Crypto Telegram group: âș http://telegram.cryptonewsalerts.net
đ„ Binance â Buy, Sell or Trade Over 400 Altcoins: âș http://binance.cryptonewsalerts.net
đ„ [IMPORTANT] â Secure your crypto with a Trezor or Ledger hardware wallet:
Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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:
There is strong evidence to suggest #Bitcoin futures traders are manipulating BTC down to give institutions a chance to load up on physical BTC cheap before the break to $28,000
â Max Keiser (@maxkeiser) October 16, 2020
The (temporary) #Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000
â Max Keiser (@maxkeiser) October 16, 2020
Post Views: 271