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The Bitcoin value is set to rise tenfold and will overtake that of gold, leading New York investment manager Cathie Wood, the CEO of Ark Invest has predicted.
Cathie Wood, the veteran stockpicker, expects the world’s largest cryptocurrency (BTC) to “comfortably” eclipse gold’s $10 trillion market capitalization.
In other trending Bitcoin News today:
BREAKING: Michael Saylor and Microstrategy have acquired another 253 bitcoin for $15.0 million.
“MicroStrategy has purchased an additional ~253 bitcoins for $15.0 million in cash at an average price of ~$59,339 per BTC. As of 4/5/2021, we hodl ~91,579 bitcoins acquired for ~$2.226 billion at an average price of ~$24,311 per BTC. MSTR”
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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:
Bitcoin Poised To Erupt by $10,000 in a Single Day, Says Top Trader
https://cointelegraph.com/news/the-big-60k-hodl-is-on-5-things-to-watch-in-bitcoin-this-week
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BITCOIN WILL BE WORTH TRILLIONS AND BECOME A WORLD RESERVE CURRENCY 'BEFORE' 2024 SAYS MAX KEISER!
➡️ REPLAY: “The Crypto Catch-Up” – http://teeka.cryptonewsalerts.net
Popular TV host of the Keiser Report and legendary Bitcoin bull Max Keiser predicts that ‘before’ the 2024 US presidential election BTC will be worth trillions and become the world reserve currency.
Max tweeted:
“Before 2024 US Presidential election:
1. BTC worth trillions
2. BTC – world reserve currency
3. Countries locked in Hash War
4. Most banks will be gone, replaced with Central Bank ‘crypto’
5. Combined political power of BTC billionaires will dominate policy”
Earlier this year, live on the Alex Jones show, Keiser officially raised his Bitcoin price target for the first time in eight years to $400K per BTC.
“I’m raising my official target for the first time in eight years,” Keiser told Jones in a February 17 video interview.
“I’m raising it to $400,000.” The BTC maximalist proceeded to argue that it is not too late to get into the revolutionary money of the future, and in fact, it’s just the beginning.
“So this is your new chance to make the bitcoin phenomenon work for you, Alex Jones.” Keiser clarified that the $400K target is based on the value of gold, and called bitcoin “gold 2.0.”
Then just last month Max upped his Bitcoin target again sharing, “People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while Bitcoin’s price skyrockets 40-80x.”
So for Bitcoin to 80X at the time of his prediction, this would put the Bitcoin price at about $880,000.
In other trending Bitcoin News today:
“AFTER $17,150 TURNS INTO SUPPORT, BITCOIN COULD SURGE TOWARD $20,000”
Bitcoin has begun to surge higher again after multiple days of consolidation under $16,000. Hours ago, the leading cryptocurrency moved from the $15,900 resistance it was trading near toward $16,500.
Analysts are not yet convinced it’s clear skies for Bitcoin, though. This comes in spite of some sentiment shared that there is no serious technical resistance from here until $20,000.
Crypto-asset analyst Josh Rager recently shared 2 charts.
The chart depicted on the left shows that Bitcoin interacted with three levels on multiple occasions during the rally of late-2017 and early-2018: $16,173, $16,600, and $17,150.
The chart on the right shows that Bitcoin is currently approaching these technical levels. Considering their historical importance, there is a high likelihood they will act as resistance for the cryptocurrency moving forward. As Rager explained:
“Keep an eye on these key Bitcoin price levels (daily/weekly) from the 2017-2018 highs They could likely reject before moving higher But after $17,149, there isn’t a lot standing in the way before $19,000+.”
Analysts say that Bitcoin will soon hit new all-time highs.
Tyler Winklevoss, CEO of Gemini and a Bitcoin billionaire with his twin brother Cameron, recently stated:
“I do think we will see an all-time-high price for Bitcoin before 2020 is over. Even though the price has climbed from 10k to almost 14k in less than a month, it hasn’t really gone on a breakout run yet. When we start to see 3-5k surges then the bulls will be on the run.”
Winklevoss was recently quoted as saying that Bitcoin could hit $500,000 in the years ahead. Such a rally would give the cryptocurrency a higher market capitalization than gold has today.
He thinks that Bitcoin will achieve such a rally due to the immense buying pressure that will take place due to monetary inflation.
The Winklevoss twin added that the cryptocurrency is fundamentally better than the leading precious metal, which should aid a rally.
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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:
Before 2024 US Presidential election:
1. #BTC worth trillions
2. BTC – world reserve currency 3. Countries locked in Hash War4. Most banks will be gone, replaced with Central Bank ‘crypto’
5. Combined political power of BTC billionaires will dominate policy
— Max Keiser (@maxkeiser) November 13, 2020
$BTCKeep an eye on these key Bitcoin price levels (daily/weekly) from the 2017-2018 highsThey could likely reject before moving higher
But after $17,149, there isn’t a lot standing in the way before $19,000+ pic.twitter.com/8sffFo6byo
— Josh Rager 📈 (@Josh_Rager) November 12, 2020
Bitcoin $20K is imminent. $250K is in range. Long term, $1M has been normalized. $10M is the dream.
But in time you’ll understand, Bitcoin begins at $100M.
— O₿iWan (@ObiWanKenoBit) November 13, 2020
After $17,150 Turns Into Support, Bitcoin Could Surge Toward $20,000
https://news.bitcoin.com/keiser-bitcoin-price-alex-jones/
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TEEKA TIWARI PREDICTS CRYPTO’S NEXT TRILLION DOLLAR COIN!! ELON MUSK HOLDS $5 BILLION IN BITCOIN!!
💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts
Crypto investment analyst Teeka Tiwari who picked Bitcoin (BTC) at $428 in 2016 is set to announce the next Trillion dollar cryptocurrency.
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.”
Palm Beach Research Group’s Teeka Tiwari, a crypto enthusiast, and an analyst will be releasing his prediction of a new crypto will soon join Bitcoin in the Trillion dollar market cap bracket. In an upcoming webinar event, “Crypto’s Next Trillion Dollar Coin,” set to be held on March 31, 2021, at 8 PM ET, Tiwari will reveal the next cryptocurrency and “where he believes the real money will be made in the crypto boom of 2021”.
According to the Palm Beach Research Group website, Teeka’s shows and webinars in the past have helped investors make insane profits in crypto and he intends to create the same results for his followers in the upcoming webinar.
Teeka Tiwari is a former hedge fund manager and a Wall Street executive who has made a name among crypto circles. He has been a regular contributor to the FOX Business Network. He has appeared on FOX News Channel, CNBC, ABC’s Nightline, The Daily Show with Jon Stewart, and international television networks.
Teeka was an early Bitcoin adopter, having bought his first Bitcoin at $428 in 2016 and calling a Trillion dollar market cap.
In other trending Bitcoin News today:
Elon Musk Holds $5 Billion in Bitcoin, According to SkyBridge Capital’s Anthony Scaramucci
Anthony Scaramucci, the founder of global investment firm SkyBridge Capital, says Elon Musk’s $1.5 billion Bitcoin purchase is just the tip of the iceberg.
In a new tweet, the former White House communications director reveals that Musk is also holding Bitcoin through his aerospace manufacturing company SpaceX.
“Elon Musk didn’t stop with Tesla. I understand that SpaceX owns Bitcoin on its balance sheet. Elon Musk owns over $5 billion in Bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change.”
Last month, MicroStrategy CEO Michael Saylor revealed that SpaceX is among the 7,000 companies that sent representatives to the business intelligence firm’s Bitcoin summit, an event launched for companies that are interested in buying BTC as a treasury asset.
Scaramucci adds that Musk’s multi-billion-dollar BTC investment is part of his vision to create a world that relies on renewable energy.
“The idea Elon Musk would invest in a ‘dirty asset’ is absurd. Future of Bitcoin mining is renewable energy. Elon Musk sees a future in which 1) renewables replace fossil fuels 2) Bitcoin demonetizes gold, RE, equities & art + becomes a dominant store of value.”
Answer to energy FUD is Elon Musk!”
According to a recent survey conducted by the Cambridge Centre for Alternative Finance, miners of Bitcoin and similar crypto assets use renewables to power 39% of their total energy consumption.
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Trezor: ► http://trezor.cryptonewsalerts.net
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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:
Ultimately, #Bitcoin’s price can *only* get to multi-trillion valuations if the $USD gets destroyed. This is a feature, not a bug. The USD funds terrorism and drug lords globally. BTC promotes peace and love. pic.twitter.com/LgYSiVbxij
— Max Keiser (@maxkeiser) March 19, 2021
Elon Musk didn’t stop with Tesla. I understand that SpaceX owns #bitcoin on its balance sheet. @elonmusk owns over $5 billion in #bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change. (1/2)
— Anthony Scaramucci (@Scaramucci) March 19, 2021
https://cointelegraph.com/news/bullishness-for-bitcoin-continues-despite-its-struggle-to-reclaim-60-000
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CRYPTO TRADER PREDICTS $150K BITCOIN TOP THIS BULL CYCLE, FOLLOWED BY A CORRECTION TO $32K!!!!!
💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
Bitcoin Long-Term Cycles Offer Hopium…
When near-term BTC confusion prevails, sometimes it’s best to take a step back to see the bigger picture of where the market is and what possibilities the future holds.
According to Inmortal, a pseudonymous Twitter user, Bitcoin’s four-year cycle is currently about 65% through its bull-market phase and the trader predicts a top at $150,000, which will be followed by a correction to $32,000.
In other trending Crypto News today: Ethereum price can hit $14,000 if the March 2020 chart fractal holds.
Ethereum’s native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend’s striking similarity with the one from last year.
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Trezor: ► http://trezor.cryptonewsalerts.net
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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/ethereum-price-can-hit-14k-if-the-march-2020-chart-fractal-holds
https://cointelegraph.com/news/paypal-set-to-launch-crypto-trading-in-the-uk-and-may-embrace-defi
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