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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.
Show Notes / Resources:
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BITCOIN PRICE REACHING BITCOIN PRICE REACHING $1,000,000 ‘DOESN’T SOUND CRAZY’ | BTC Tumbles, Altcoins in Deep Red,000,000 ‘DOESN'T SOUND CRAZY’ | BTC Tumbles, Altcoins in Deep Red
OPM Wealth: http://opm.cryptonewsalerts.netShark Tank host Robert Herjavec is certain that BTC is a good buy at the current Bitcoin price.
The Canadian businessman who’s known as the host of the hit TV show ‘Shark Tank,’ is a ‘big believer’ in Bitcoin (BTC) and electronic payments in the future, unlike his fellow host Mark Cuban.
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 didn’t 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.
“There is no one Bitcoin. There are different types of Bitcoin, and I think it’s a bit of a fragmented industry.”
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.
Bitcoin Tumbles, Altcoins in Deep Red – Here’s 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.
“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.”
Fellow analyst Filbfilb tells his followers on Telegram that he believes BTC will likely hit a bottom at around $8,800, which is the current 200-day moving average on TradingView.
“Downside targets the 200-day moving average, 20-week moving average, and 50-week moving average seem good for a bounce, but the 200-day moving average is never really lost in a bull run, so losing that could be more of a significant issue. Nevertheless, I’m looking for longs down there.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
I spoke to @jchatterleyCNN this AM.Explained why Warren Buffett isn’t a great person to listen to on technology and why Bitcoin’s monetary policy is superior to fiat monetary policy.If this video gets 500,000 views, Julia will bring on more Bitcoiners.
You know what to do
pic.twitter.com/lEcyQkbG6w— Pomp
(@APompliano) February 25, 2020$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
— //Bitcoin 𝕵ack (@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
— 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
— Josh Rager
(@Josh_Rager) February 25, 2020https://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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Nerve-Wracking Times for Traders: Top Crypto Analyst Reissues Bold $450K Bitcoin Price Forecast
Bitcoin, the pioneer of cryptocurrencies, is once again testing the nerves of traders as a top crypto analyst boldly reissues a staggering price forecast of $450,000 for the leading digital asset. This unexpected reiteration of a bullish prediction has sent shockwaves through the crypto community, leaving investors both excited and cautious as they navigate the current market conditions.
The article at the center of the buzz sheds light on a prominent crypto analyst who has decided to stand by their earlier forecast of Bitcoin reaching an impressive $450,000. In a market known for its volatility, such bold predictions can stir a myriad of emotions among traders, ranging from anticipation to skepticism.
As Bitcoin’s price weaves through ups and downs, the reissued forecast adds an intriguing layer to the ongoing dialogue about the future of the cryptocurrency. Traders find themselves at a crossroads, grappling with the decision of whether to align their strategies with this optimistic prediction or to approach it with a degree of caution given the unpredictable nature of the market.
The $450,000 Bitcoin price forecast raises questions about the potential catalysts and timeline that the analyst envisions for this remarkable surge. Understanding the reasoning behind such bold predictions is crucial for investors seeking to make informed decisions in an environment where sentiment can sway rapidly.
While some traders may view this as an opportunity to capitalize on a potential upward trend, others might approach it with skepticism, considering the various factors that can influence the crypto market. Regulatory developments, macroeconomic trends, and global events are among the external factors that could impact the realization of such a lofty price target.
As the crypto community navigates these nerve-wracking times, it’s essential for investors to conduct thorough research, stay informed about market developments, and approach predictions with a discerning eye. The reissued $450,000 Bitcoin price forecast adds an element of excitement to the unfolding narrative of the cryptocurrency market, but caution should prevail in the face of uncertainty.
In the ever-evolving landscape of cryptocurrencies, traders must remain adaptable and resilient. The coming weeks and months will undoubtedly provide more insights into whether Bitcoin can live up to this ambitious forecast or if the market has additional surprises in store for investors. As the crypto saga continues, traders buckle up for a potentially thrilling ride, keeping a watchful eye on Bitcoin’s price movements and the unfolding drama in the digital currency space.
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BITCOIN WILL DOUBLE TO 6-FIGURES IN LATE 2021 OR EARLY 2022, PREDICTS STANDARD CHARTERED!!!!
To open an IRA with iTrustCapital and get 1 month FREE click this link: http://itrust.cryptonewsalerts.netBitcoin will surge 115% from current levels to $100,000 either late this year or early next year, and could reach $175,000 per BTC in the long term, Standard Chartered’s cryptocurrency research team has forecast.
The bank’s team said it “structurally” values bitcoin between the range of $50,000 to $175,000. “Cyclically, we expect a peak around $100,000 in late 2021 or early 2022,” they said in a note Tuesday.
It also sees the current price of Ethereum’s native token ETH rising tenfold to between $26,000 to $35,000. No time period was specified for the price target.
In other trending Bitcoin News today: SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies.
The United States Securities and Exchange Commission, or SEC, has approved the Volt Crypto Industry Revolution and Tech ETF, providing investors with easy access to companies with significant exposure to Bitcoin (BTC).
The exchange-traded fund, which was approved on Tuesday, is intended to track so-called “Bitcoin Industry Revolution Companies,” which are defined as entities that hold a majority of their net assets in BTC or derive a majority of their earnings from Bitcoin mining, lending or transacting, according to an SEC filing.
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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://cryptopotato.com/heres-why-bitcoin-soared-35-in-days-according-to-jp-morgan/
