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In this live Bitcoin Technical Analysis session with special guest, top analyst Philip Swift, he reveals we are still in a bull market and still have long way to go with a lot of BTC price appreciation before the HODL Waves comes down to 45% which will take us well beyond $100K per Bitcoin this cycle.
Philip says it may take us a few months, or maybe until next year until we cruise past $100K, reaching as high as $300K this cycle and explains why reaching $1 million per BTC by the time of the next cycle is inevitable.
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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.
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BITCOIN ON TRACK TO HIT $90K TARGET IN NOVEMBER, SAYS TOP CRYPTO ANALYST! Volt Equity BTC ETF LIVE!
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Bitcoin (BTC) delivered another classic surge during Oct. 28 as bulls enjoyed a $1,700 hourly candle. Crypto analysts were already unfazed by Bitcoinâs retracement, with some even increasing their price targets over longer timeframes.
âSeems I was not bullish enough at $40k. Quote: âfirst target at 73kâ. WellâŠ.I think that target moved up to $90k and after a correction we should see $100k.â â Crypto Ed
âGoing according to plan, Bitcoin might be on the way towards $90K.â â MichaĂ«l van de PoppeÂ
In other trending Bitcoin News today: Volt Equityâs âBitcoin revolutionâ ETF goes live on NYSE today!
The New York Stock Exchange (NYSE) continues listing Bitcoin (BTC)-linked exchange-traded funds (ETF), with Volt Equity becoming the latest company to debut such a product on the exchange.
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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/volt-equity-s-bitcoin-revolution-etf-goes-live-on-nyse-today
https://cointelegraph.com/news/el-salvador-buys-a-smokin-hot-420-more-bitcoin
https://cointelegraph.com/news/bitcoin-suddenly-nears-61k-as-a-1-7k-hourly-candle-fuels-btc-bulls
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BITCOIN PRICE REACHING BITCOIN PRICE REACHING $1,000,000 âDOESNâT SOUND CRAZYâ | BTC Tumbles, Altcoins in Deep Red,000,000 âDOESN'T SOUND CRAZYâ | BTC Tumbles, Altcoins in Deep Red
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Shark Tank host Robert Herjavec is certain that BTC is a good buy at the current Bitcoin price.
The Canadian businessman whoâs known as the host of the hit TV show âShark Tank,â is a âbig believerâ in Bitcoin (BTC) and electronic payments in the future, unlike his fellow host Mark Cuban.  Â
When asked about analysts who say that the BTC price could reach $100,000 or even $1 million during his recent Kitco interview, Herjavec said that it didnât sound crazy to him on a long-term basis.
Herjavec says that one of the main challenges for Bitcoin is the existence of multiple forks. Â
âThere is no one Bitcoin. There are different types of Bitcoin, and I think itâs a bit of a fragmented industry.âÂ
There are currently three different versions of Bitcoin in the top 10, which signifies how divided the community is.
However, the original Bitcoin still blows out of the water its forked versions given that it is responsible for almost 64 percent of the total market cap.Â
Bitcoin Tumbles, Altcoins in Deep Red â Hereâs Where BTC, ETH and XRP Will Land, According to Top Crypto Analysts
As Bitcoin continues to slide toward $9,000, crypto analysts are trying to gauge when the bleeding will stop.
Now that BTC has firmly slipped below $9,300, analyst Josh Rager says he thinks the leading cryptocurrency will continue to head south to support at around $8,600.
Meanwhile, Scott Melker of Texas West Capital says Bitcoin bulls need to protect the $9,090 level to avoid a larger move to the downside.
âThe next support for me is still THE LINE at $9,090. For now, price bounced there to the dollar. Now letâs see if it holds.â
Fellow analyst Filbfilb tells his followers on Telegram that he believes BTC will likely hit a bottom at around $8,800, which is the current 200-day moving average on TradingView.
âDownside targets the 200-day moving average, 20-week moving average, and 50-week moving average seem good for a bounce, but the 200-day moving average is never really lost in a bull run, so losing that could be more of a significant issue. Nevertheless, Iâm looking for longs down there.â
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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:
I spoke to @jchatterleyCNN this AM.Explained why Warren Buffett isn’t a great person to listen to on technology and why Bitcoin’s monetary policy is superior to fiat monetary policy.If this video gets 500,000 views, Julia will bring on more Bitcoiners.
You know what to do đđœ pic.twitter.com/lEcyQkbG6w
â Pomp đȘ (@APompliano) February 25, 2020
$ETH vs USD update>Tapped in to $275-280 resistance>At diagonal support>If lost, I expect a heavy sell-off>$241 first support
>$208-211 remains valid if $241 is lost pic.twitter.com/Rmu2o59Gra
â //Bitcoin đ”ack (@BTC_JackSparrow) February 25, 2020
From this morning’s edition of The Wolf Den⊔The next support for me is still THE LINE at $9,090⊔ For now, price bounced there to the dollar.Now let’s see if it holds.
To read my top to bottom analysis on $BTC (and much more), join below. https://t.co/ccjxa38HLr
â The Wolf Of All Streets (@scottmelker) February 26, 2020
There’s the break and bounce off the high volume node for $BTCI don’t expect a trend reversal back up, instead can suspect for this to continue down with more retests of $9300
If that area breaks, IMO we head to $8600 to $8700 pic.twitter.com/T37xGrHdOP
â Josh Rager đ (@Josh_Rager) February 25, 2020
https://cointelegraph.com/news/anthony-pompliano-speaks-to-cnn-about-warren-buffett-and-bitcoin
https://u.today/bitcoin-btc-price-reaching-1000000-doesnt-sound-crazy-to-shark-tanks-robert-herjavec
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BITCOIN PRICE PREDICTION: 0K in Next 2 Years! | BTC Long-Term Trend is Positive
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Two market analysts have said Tim Draperâs bold Bitcoin price prediction might not be as far fetched as it seems.
The billionaire venture capitalist said recently that Bitcoin (BTC) would reach a price of $250,000 between six months and a year after the 2020 halving.
BKCM LLCâs Brian Kelly and Fund Stratâs Tom Lee both believe that Bitcoin will absorb capital from the gold market.
The analysts are not sure that such a colossal figure is achievable is such a short space of time, however, analysts agree: Draperâs $250,000 BTC price isnât inconceivable.
Founder & CEO of the digital currency investment company BKCM LLC Brian Kelly said that although the prediction sounds âbizarroâ, (BTC) Bitcoin is known for spectacular price runs, like those seen in 2013 and 2017.
Kelly identified that Bitcoin has been trading within a channel since 2013.
Extending that channel out to the end of 2022, the top is around the $250,000 per Bitcoin mark.
Kelly said that he agrees with the opinion of Draper and others that Bitcoin will absorb goldâs market share over the coming years.
However, he added that he was not sure that the digital asset would reach the $4.5 trillion market capitalization required to hit Draperâs predicted price by the start of 2023.
Next to weigh in on the Bitcoin price call was Fund Stratâs Tom Lee.
Like Draper and Kelly, Lee is overall bullish on Bitcoin.
However, he too is not sure about the tight time frame predicted by Draper.
He said:
âI donât know if 24 months is how long it would take⊠If it took 5 years, I think it would still be considered a huge, massive, surprising success.â
In other Crypto news today, Gin Chao, the Chief Strategy Officer of Binance, told trade news outlet BlockTV earlier this year that historical trends imply the crypto asset market has a large amount of upside potential.
In fact, he states that if you take previous cycles into account, of which there were at least three, Bitcoin could find itself in the $50,000 to $100,000 range â around seven to 15 times higher than the current price of $7,200, respectively â in the coming decade.
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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:
Crypto Marketâs Long-Term Trend is Positive: Binance CEO Explain Why
Bitcoin at $250k? Analysts Weigh in on Draperâs âBizarroâ Call
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