BITCOIN WARNING SIGNS POINT TO A ,000 RETEST!!!

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Crypto analyst shares new Bitcoin floor & top models implemented into S2F-M2 suggesting the following price predictions:

“Latest Bitcoin price, 28-Oct-2021:

$BTC: $60,565

S2F model: $93,844

S2F-M2 model: $77,146

S2F-M2 Top model: $151,861

S2F-M2 Floor model: $38,573

Predicted Bitcoin price, 28-Oct-2026:

S2F model: $1,031,863

S2F-M2 model: $610,379″

In other trending Bitcoin News today: Bitcoin Needs To Pull Back Hard This Weekend in Order To Rally Next Week, Says Crypto Analyst Tone Vays!

Vays thinks a $55,000 Bitcoin would present a great entry opportunity but doesn’t rule out a slightly larger correction before ascending to $100,000.

“My worst-case scenario really is $52,000 or $53,000. It’s my worst-case scenario. I don’t see us breaking below this support area, and then I still see $100,000 around end of year. I’m expecting a huge rally any minute.”

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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://bitcoinmagazine.com/business/bitcoin-is-mathematical-purity-says-apple-cofounder-steve-wozniak

https://cointelegraph.com/news/ethereum-s-new-all-time-high-prepares-eth-for-continuation-to-5-000

https://cointelegraph.com/news/bitcoin-eyes-third-weekly-close-above-60k-as-ethereum-fuels-new-altcoin-market-cap-record

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Hong Kong tech company Meitu has taken the total value of its cryptocurrency holdings to approximately $100 million after the firm disclosed the purchase of an additional $10 million worth of Bitcoin (BTC) on Thursday.

Last month, Meitu racked up $90 million worth of cryptocurrency purchases split between Bitcoin and Ethereum. Following Thursday’s latest acquisition, the firm has now purchased $49.5 million worth of BTC and $50.5 million worth of ETH.

In other trending Bitcoin News today:

Coinbase Records Staggering $1,800,000,000 in Revenue Ahead of Public Listing

Just one week before its initial public offering (IPO), top crypto exchange Coinbase is reporting a $1.8 billion quarter.

In a new blog post, the crypto exchange, which reportedly holds a $100 billion valuation ahead of its IPO, announces that it brought in approximately $1.8 billion worth of total revenue over the course of the last three months ending March 31st.

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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/nydig-raises-100-million-and-launches-bitcoin-powered-insurance-initiative

https://cointelegraph.com/news/meitu-now-holds-100-million-in-btc-and-ether-after-latest-bitcoin-purchase

https://cointelegraph.com/news/why-s-bitcoin-stuck-under-60-000-the-gold-market-cap-may-hold-the-answer

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Bitcoin Price on track for $100,000 in 2021…

Stock-to-Flow measures the BTC price using two factors: the stock – the number of Bitcoins in circulation – and the flow, which is the number of new Bitcoins entering circulation. 

Bitcoin’s low emission rate relative to its existing supply – like gold – means Stock-to-Flow constitutes useful evidence in the argument that Bitcoin (BTC) is “digital gold.”

The cryptocurrency’s run-up to $9,000 last week took it slightly over where Stock-to-Flow pricing forecasts suggested it might trade. 

Stock-to-Flow’s creator, the analyst known as PlanB, originally suggested that Bitcoin would hover at an average of in the year before its block reward halving in May 2020.

At that point, a 50% reduction in the number of new Bitcoins released to miners each block would further limit the flow versus the existing stock.

Thereafter, he has said, price performance should accelerate dramatically – by 2022, a single Bitcoin should be worth around $100,000.

In other Crypto news, one prominent analyst is noting that Bitcoin is currently on the brink of a massive parabolic rally that could send it to fresh all-time highs, although the cryptocurrency needs to break through a resistance level that currently sits roughly 64% above its current price.

Bitcoin’s Ongoing Rally Could Soon Turn Parabolic if Bulls Push it Above $14,200 

In order for this ongoing rally to be more than just a fleeting relief pump, bulls will need to build major strength and push it above $14,200.

NebraskanGooner – a well-respected cryptocurrency analyst on Twitter – spoke about the importance of this level in a recent tweet, telling his followers that a weekly close above this price would open the gates for a rapid parabolic climb to fresh all-time highs of $75,000.

“History tells us that a weekly close above the 0.65 fibonacci will send BTC into a new parabolic bull run. The 0.236 fib has often acted as a bottom and the 4.23 fib has been exceeded each time. This means a weekly close above $14,200 would see BTC reach over $75,000,” he explained while referencing the levels marked on the below chart.

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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:

#bitcoinHistory tells us that a weekly close above the 0.65 fibonacci will send BTC into a new parabolic bull run.The 0.236 fib has often acted as a bottom and the 4.23 fib has been exceeded each time.

This means a weekly close above $14,200 would see BTC reach over $75,000. pic.twitter.com/gBmUxx3nE7

— NebraskanGooner📈 (@nebraskangooner) January 20, 2020

Bitcoin Breaking This Single Level Will Spark a Parabolic 800% Rally

https://digitalik.net/btc/

https://cointelegraph.com/news/bitcoin-price-matches-stock-to-flow-forecast-as-100k-halving-nears