BITCOIN SUPERCYCLE SUPPLY SHOCK INCOMING!! TOP CRYPTO ANALYST PREDICTS 80% ETHEREUM SURGE TO $3,400!

➡️ TEEKA TIWARI – The Investment of the Decade: http://2020.cryptonewsalerts.net

Market analyst and podcaster Preston Pysh says he believes a new long-term Bitcoin bull cycle is coming that will take the BTC price far past $100,000.

In a new interview with Heyo co-founder Nathan Latka, Pysh points to the Bitcoin halving, which is set to execute next month, as the catalyst for a parabolic rally that could bring the Bitcoin price to $300,000.

“Do I think that it’s just going to up to [$100,000] and stop? Hell no. It’s going to go straight through that number. It’s probably going to go to $200,000 to $300,000.

And then, if it doesn’t meet its escape velocity, which is a whole other term, which is, in my opinion, completely dependent on all this other macro stuff that we’ve been talking about… then it’s going to come back to that $80,000 to $100,000 mark. And it will stay there until the next four year halving event.”

Pysh says concerns that the halving, which will cut in half the amount of BTC rewarded to miners who power the network, will make it hard for miners to earn a living are overblown.

He points to Bitcoin’s difficulty adjustment, which automatically reviews network activity and changes how much computing power is required to process transactions, as the key reason many miners will continue to turn a profit as Bitcoin becomes increasingly scarce.

As for his personal investments, Pysh says he owns Bitcoin (BTC) and is now out of the equities market.

He says the push from central banks to ramp up money printing will significantly weaken the US dollar.

He points to billionaire investor Ray Dalio as an example of a leading investor who shares the same views on the future of the global reserve currency.

In January, Dalio said “cash is trash” in an interview with CNBC.

Dalio argues that a weakening dollar and increasing money supply will decrease its value over time.

In other trending Bitcoin news today: ‘Boomers Are F*cked’ – New Macro Report Forecasts $1M Bitcoin by 2025

In a scathing attack on the world’s ailing financial system, Raoul Pal puts his faith firmly in Bitcoin and gold as the future.

Bitcoin (BTC) can rally to $1 million but coronavirus means that the baby boomer generation is “f*cked,” a damning new macro report concludes.

Originally published to clients on March 30, the report from Global Macro Investor dubbed “The Unfolding” paints a dismal future for the financial market.

According to CEO Raoul Pal, who authored the report, coronavirus has fueled the fire of systemic weakness across global markets.

“The damage this does to the US pension system is incomprehensible. The Baby Boomers will sell every rally they can to protect their last, rapidly diminishing nest egg,” he summarized on the market losses from March.

“The Baby Boomers are totally f*cked. I have been publicly warning and warning about this.”

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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:

Jack Dorsey has one thing listed in his bio on twitter. So here’s the question for people that think BTC won’t work:

What the hell does this guy know about #Bitcoin that you don’t? pic.twitter.com/q6dug8A8Hn

— Preston Pysh (@PrestonPysh) April 23, 2020

https://cointelegraph.com/news/boomers-are-fcked-new-macro-report-forecasts-1m-bitcoin-by-2025

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Anthony Scaramucci, who founded Skybridge Capital, has a long-term view of the Bitcoin price based on solid fundamentals. If he’s right, the BTC price could shatter even some of the most bullish of predictions.

Scaramucci told CNBC Bitcoin could “easily trade at $500,000 a coin,” pointing to the number of high-net-worth individuals vs. the finite supply of the cryptocurrency to go around. He cited JPMorgan data, saying there are fewer than 50 million millionaires based on USD fiat currency. Meanwhile, the supply of BTC is capped at 21 million coins. Scaramucci said,

“You don’t even have enough Bitcoins for every millionaire in our society to own one coin.”

In other trending Bitcoin News today: MicroStrategy CEO Michael Saylor Says Bitcoin Is ‘Going Up Forever’ – Here’s Why!

“My point is that [there’s] never going to be more than 21 million Bitcoin, so it’s a very fixed supply. It’s the only scarcity that anybody can invest in in the world.

Bitcoin is the dominant digital monetary network, and because it’s dominant and because it’s fixed, it means that it’s the most reliable, highest-integrity, scarcest thing in the financial universe… Bitcoin is going up forever.”

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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://finance.yahoo.com/news/anthony-scaramucci-predicts-bitcoin-500-160208261.html

https://www.coindesk.com/tech/2021/11/13/taproot-bitcoins-long-anticipated-upgrade-activates-this-weekend/

https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing

https://cointelegraph.com/news/bitcoin-due-to-hit-90k-in-coming-weeks-despite-pullback-latest-technical-analysis

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Crypto investment analyst Teeka Tiwari, who picked BTC at $428 in 2016 shared in a new interview, “In my opinion, over the next five years, a Bitcoin will be worth over a half a million dollars.”

The former hedge fund manger and Wall Street executive predicted back in August when Bitcoin was still trading at about $10,000 that BTC would reach $60,000 or $70,000 “a lot sooner than most people realize.”

“It’s still very much early days in bitcoin,” he stated. “I remember when I recommended bitcoin at $428. People told me I was crazy, that this ship had sailed, because bitcoin had been a hundred dollars, just a few years earlier.”

“A few years before that, [Bitcoin] was $10, and a year before that at seven cents,” he shared. “So people couldn’t understand how I could, in all good conscience, recommend bitcoin at $400. They said the same thing to me at $5,000, $10,000, $15,000. In my opinion, over the next five years, a bitcoin will be worth over a half a million dollars.”

In other trending Bitcoin News today: Square to acquire Australian fintech Afterpay in $29B deal.

Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company.

Square announced Sunday that the firm has entered into a scheme implementation deed to acquire all of the issued shares in fintech company Afterpay in a $29 billion deal. The transaction is based on the closing price of the Square common share and is expected to be paid in all stock in the first quarter of 2022.

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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:

https://www.breitbart.com/economy/2021/07/27/teeka-tiwari-bitcoin-will-be-check-against-central-banks-money-printing-debasement-currency/

https://cointelegraph.com/news/square-to-acquire-australian-fintech-afterpay-in-29b-deal

https://cointelegraph.com/news/there-s-no-reason-not-to-hold-bitcoin-for-100-years-michael-saylor-says