đ° BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
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 PRICE MAY JUST HIT ,000 IN 20 DAYS | 4 Signs Show BTC Bull Rally is Growing More Likely
âĄïžÂ TEEKA TIWARI â The Investment of the Decade: http://2020.cryptonewsalerts.net
âBitcoin (BTC) may hit $20,000 any timeâ
Many have been expecting the Bitcoin price to go through the roof at any moment due to the recent global economic crisis caused by the COVID-19 outbreak in Chinaâs Wuhan.
Lockdowns emerged in the majority of countries in Europe, China and the US, prompting governments to take steps to stimulate the economy via quantitative easing to support businesses and ordinary citizens.
All of that led to an oil price collapse below zero on Monday.
In these conditions, bullish expectations towards the approaching Bitcoin halving have increased.
Trader Carl Eric Martin, also known as the Moon Carl, has tweeted his rising bullish take on the prospects of the Bitcoin price in the current economic chaos that has been spreading around the world.
The situation is unpredictable for any assets now. As an example, he refers to the crude oil futures price suddenly dropping below zero.
The trader believes that with the approaching halving, Bitcoin could easily surge to $20,000 in one week.
Trader and analyst Christopher Jaszczynski seconds his forecast, emphasizing that $20,000 is a realistic price for Bitcoin to reach in the current fundamental setup.
âIf i asked you 1 week ago what is most likely: Oil going into negative price in 1 week? Or Bitcoin going to $20,000 in 1 week? Everything is possible in times like these. Be prepared for anything after the Bitcoin halving in 20 days!â
Earlier, the same trader took to Twitter to share a textbook Bump and Run Reversal Bottom pattern for Bitcoin, which would allow it to hit $10,500 soon.
Gabor Gurbacs, the digital currency strategist at VanEck, has shared his growing bullish attitude towards BTC.
He says that despite the fact that a few weeks ago financial markets did not take Bitcoin seriously, under the current impact of the pandemic, fragile economy and oil price, Bitcoin seems to be making âmore sense than most markets.â
âA few weeks ago financial markets kept dismissing Bitcoin as nonsense. In a short few weeks, after trillions in QE, 22 million newly unemployed, massive bailouts, UBI checks, negative treasury rates and negative oil prices, Bitcoin seems to make more sense than most markets.â
Touching on the subject of millions of people losing their jobs in the US alone, Gurbacs states that Bitcoin is capable of helping people solve this problem as well. In other trending Bitcoin news today:
THESE 4 FUNDAMENTAL SIGNS SHOW A BITCOIN BULL RALLY IS GROWING MORE LIKELY
As observed by crypto exchange ShakePay, despite âthe most significant economic collapse of the 21st century,â Bitcoin hasnât been fazed.
Per Coin Metrics, the number of active addresses on the network is reaching a multi-month high, recently surmounting the sum of 840,000 addresses.
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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:
If i asked you 1 week ago what is most likely:Oil going into negative price in 1 week?Or Bitcoin going to $20,000 in 1 week?
Everything is possible in times like these. Be prepared for anything after the #Bitcoin halving in 20 days!
â The Moon (@TheMoonCarl) April 22, 2020
OIL KEEPS FALLING!!JUNE CONTRACTS DOWN 47% and trending straight to sub $0 levels againNegative rates, negative oil, negative yield â the economy has gone mad!! Everything is inverted
Luckily we have Plan B â #Bitcoin đ
â Ivan on Tech (@IvanOnTech) April 21, 2020
A few weeks ago financial markets kept dismissing #Bitcoin as nonsense. In a short few weeks, after trillions in QE, 22 million newly unemployed, massive bailouts, UBI checks, negative treasury rates and negative oil prices, #Bitcoin seems to make more sense than most markets.
â Gabor Gurbacs (@gaborgurbacs) April 21, 2020
Active Bitcoin addresses are looking like a đđđ this week.
Not only is the Bitcoin network growing, it’s growing amidst the most significant economic collapse of the 21st century. pic.twitter.com/PkEVVSdyqw
â Shakepay â Buy/Sell Bitcoin đšđŠ (@shakepay) April 21, 2020
These 4 Fundamental Signs Show a Bitcoin Bull Rally is Growing More Likely
https://u.today/bitcoin-btc-may-just-hit-20000-in-20-days-be-prepared-for-anything
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BITCOIN OPTIONS TRADERS TARGET $80,000 BY MAY!! HEREâS WHEN THIS BTC BULL RUN WILL LIKELY EXPIRE!!
đ° Cryptoâs Next $1 Trillion Coin: http://teeka.cryptonewsalerts.net
With Coinbaseâs highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that the Bitcoin price will once again soar to new all-time highs in the coming weeks.
On March 24, the founders of crypto analytics firm Glassnode tweeted data suggesting that options traders on peer-to-peer crypto derivatives exchange, Deribit, are loading up on contracts set to expire on April 30 with a BTC strike price of $80,000.
Contracts worth a notional value of 4,000 Bitcoin have been purchased targeting the price-point in total, more than any other strike-price by at least 50%.
Should the price be less than $80,000 at the end of April, the contracts will expire worthless, indicating high conviction that the Bitcoin markets are still a long way from topping out among derivatives traders.
However, according to crypto derivatives data aggregator Skew, probability estimates based on market data for the April 30 contract suggests there is just a 6.19% chance of BTC prices being above $80,000 when the positions mature.
Significant volume has also converged around the contracts with a strike price of $120,000, meaning some traders believe the Bitcoin price will more than double over the next five weeks. Skew estimates it is only 2.15% likely Bitcoin will reach $100,000 by the April 30 expiry date.Â
However, with many options traders building positions across multiple contracts bearing divergent strike prices, some of the traders betting on $80,000 or $120,000 may not expect prices to get that high.
Skewâs data shows that contracts for April 30 are currently the third-most-popular among options traders, with open interest currently equating to a notional value of 38,700 BTC.
June 21 contracts rank second with 42,300 BTC worth of notional open interest, while 117,900 BTC worth of contracts or $6 billion in notional value is set to expire on March 26.
In other trending Bitcoin News today:
Hereâs When Bitcoinâs Bull Run May Expire, According to One of Chinaâs Biggest Crypto Miners
The CEO of one of Chinaâs largest Bitcoin mining companies says his firm is using a variety of models to try and pinpoint when Bitcoinâs current bull market cycle will end, and how high the top cryptocurrency will rise.
Jiang Zhuoer asserts that Bitcoin has not nearly reached levels of attention it garnered during the 2017 bull run.
According to Google Trends, Bitcoin hit its peak search rate in January of this cycle and was still roughly 40% off its 2017 google trend top.
The BTC.TOP CEO tells Wu Blockchain that according to both of his BTC bull cycle predictions, the king coin is far from its top.
Zhuoerâs representative tells CoinDesk that the chief executive believes Bitcoin will hit $150,00-$300,000 during this bull market.
Other Chinese blockchain companies have predicted that the cycle may top out this fall, unless a large number of institutions follow Meitu, Tesla and MicroStrategyâs lead and publicly adopt the flagship currency.
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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:
Jiang Zhuoer, one of China’s big miners, told WuBlockchain that according to the latest multiple model studies, the fastest will be September 2021 and the slowest June 2022 will turn from a bull to a bear market. pic.twitter.com/g72wgYnYnu
â Wu Blockchain (@WuBlockchain) March 21, 2021
#Bitcoin is attacking fiat money on two fronts: â Itâs perfect-money attributes are draining investment out of fiat
â Itâs insatiable appetite for energy is starving fiat out of existence pic.twitter.com/SnyiV2ltz5
â Max Keiser (@maxkeiser) March 25, 2021
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NEW BITCOIN BULL CYCLE WILL TAKE BTC PRICE TO 0,000! | Ethereum, Ripple XRP News
âĄïžÂ $274 Million Secret: Larry Benedict Live Event (Register Below)
http://trade.cryptonewsalerts.net$120,000 is the new BTC price target set for the next Bitcoin bull cycle.
A popular cryptocurrency analyst says a breakdown of Bitcoinâs past bull market cycles may indicate where the leading cryptocurrency will head next.
CryptoWolf tells his 18,600 followers on Twitter that each subsequent BTC bull run has taken longer to materialize than the last.
After crunching the numbers, he believes the Bitcoin price will reach its next top in December of 2022, about 1,400 days after its primary bottom of $3,220 in December of 2018.
As for the return on investment, he says BTC will surge 40x, bringing the price to approximately $120,000.
In other Crypto news today:
Bitcoin is flashing âExtremely Bullishâ signals, says cryptocurrency analyst and portfolio manager Mati Greenspan.
He says Bitcoin may make another move to the upside in the near term. In his latest Quantum Economics newsletter, Greenspan says BTC may enter a brief period of consolidation before making its next move.
âBitcoinâs technical indicators just keep flashing bullish signals. [On Wednesday] we pointed out a âreverse head & shouldersâ pattern that ended up playing out about two hours after I hit send. Whatâs more comforting is that the breakout occurred on high volume⊠we can see that continuation with a retest of the neckline in a picture perfect bullish flag pattern.â â Mati Greenspan.
In todays show we also share the latest Ethereum and Ripple XRP news updates you should be aware of.
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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:
Bitcoin Analysis.â Bull cycles are getting longer.â ROI since bottom are decreasing.Conclusion of cycle IV:Next top: ~ 1400 days since bottom. ETA December 2022
ROI: ~40X since bottom, ~120k $. pic.twitter.com/vN8LuRGlLM
â CryptoWolf (@IamCryptoWolf) November 27, 2019
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