BITCOIN WILL EASILY TRADE AT $500K A COIN, SAYS SKYBRIDGE CAPITAL CEO!! BTC IS ‘GOING UP’ FOREVER!!

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Crypto Analyst ‘Big Crypto Dave’ plotted his latest Bitcoin prediction chart which shows the BTC price right in alignment with PlanB’s $288,000 Stock-to-Flow model.

“Some might deem my support for the S2F chart as merely confirmation bias. They must not know of my education in macroeconomics and modern money mechanics. Every time I plot a bitcoin chart based on hardware & trend, it’s close to his 288k prediction.”

When asked on Crypto Twitter, “What’s your timeline? New ATH 2023? Do you agree that the cycles are getting longer?”

Big Crypto Dave responded…

“Q4 2021. Not really, need to see what happens this cycle for confirmation.”

In other trending Bitcoin News today:

5 Crypto Assets Have 100x Potential After Market Correction, Says Lark Davis

Crypto investor and influencer Lark Davis is naming five DeFi tokens that he believes are likely to exponentially rise after the current market correction is over.

Number one on Davis’s list is Akropolis (AKRO) which he says offers stellar DeFi products.

“Things like Sparta which allow you to take under-collateralized loans so the borrower only has to provide 50% of the collateral for the loan which is pretty damn cool. It also allows you to passively generate yield via integrated yield rebalancing to help you get maximum available APR from different DeFi protocols. 

The second product that they have on offer is called Delphi. Now this is a pool that allows for automatic dollar-cost averaging into Bitcoin and Ethereum as well as yield harvesting from different popular DeFi platforms.”

The next coin is Meta or mstable (MTA) which Davis explains is focused specifically on the stablecoin market.

“Mstable is a protocol that unites stablecoins, brings together lending, brings together swapping, all into one robust standard, basically allowing for unique savings options for stablecoins and trading for stablecoins with zero slippage.”

Davis says MTA has huge upside potential considering that the stablecoin market is growing so fast.

Number three on the list is Tellor (TRB) which Davis believes will become a major player in the oracle space, competing against the likes of Chainlink (LINK) and Band Protocol (BAND).

Although Tellor is down 65% in a little over a week, Davis predicts that one TRB will equal one Ethereum as he sees the crypto token being valued at $400 to $500 in the future.

Coming at number four is bZx Protocol (BZRX) which Davis labels as a “DeFi beast.”

“Token holders can stake their coins to get a cut of the fees on lending, on borrowing, and on trading across these different platforms that are part of the bZx protocol.”

While he says the token is down a whopping 60%, Davis believes that it is the most undervalued DeFi asset and could easily print a 10x growth.

Last on Davis’s list is Kava (KAVA) which he believes has the potential to be the next Maker DAO.

He says that Kava will be supporting Bitcoin before the year ends and that may serve as a major bullish catalyst for the crypto asset.

Davis also says now is an interesting time to enter positions on Kava as it is down 55% from two weeks ago.

The crypto analyst believes that Kava’s market cap will spike from $84 million to billions of dollars during this bull market.

Meanwhile, Lark Davis highlights that he owns some, but not all of the coins on the list and warns traders that anything can happen in the extremely risky and nascent market.

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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:

Some might deem my support for the @100trillionUSD S2F chart as merely confirmation bias. They must not know of my education in macroeconomics and modern money mechanics. Every time I plot a #bitcoin chart based on hardware & trend, it’s close to his 288k prediction. pic.twitter.com/PuYD7pO29d

— Big Crypto Dave (@Crypto_Dave_) September 6, 2020

https://ecoinometrics.substack.com/p/ecoinometrics-august-05-2020

https://dailyhodl.com/2020/09/13/5-crypto-assets-have-100x-potential-after-market-correction-says-lark-davis/

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Su Zhu, the co-founder and CEO of fund management firm Three Arrows Capital, is revealing an astronomical Bitcoin price prediction of $2.5 million per BTC.

In a new interview with UpOnly, Su Zhu compares Bitcoin to gold, asserting that gold is likely undervalued and that in the long run, Bitcoin is primed to take over a large portion of the precious metal’s market share.

“I mean, I think there’s an argument that gold itself is very undervalued. If it was the dominant store of value cause this thing was at like $1,700 years ago… and let’s say gold should have 5X’d if there wasn’t Bitcoin, then really we’re looking at a $50 trillion market cap.

So then you’re already halfway there to $100 trillion and that will get you to $2.5 million per BTC and I think that that is definitely possible.”

The CEO says he expects BTC to jump up in sudden price surges along the way and, due in part to institutional investors, simply refuse to return back down to previous levels.

Eventually, says Zhu, the asset will likely look like gold does now – relatively stable.

“I think that at the top of it, it will behave like how gold is now, so low volatility-ish. And I think the way that people should think about how that process will go is that it will be [in] bursts, right. Where the markets look linear in like the short term – it’s always up $1,000, down $1,000 and then you get these bursts. And you get these big repricings and people can never buy again [at the same price].”

As for what Zhu believes will come of the meme crypto asset Dogecoin (DOGE), a project that has caught the eye of Tesla CEO Elon Musk, the Three Arrows co-founder says that it could have a significant amount of upward potential with Musk’s support.

“Elon [Musk is] shilling DOGE a lot and he must have a plan for it. So it’s tough to say. It can go up high.”

In other trending Bitcoin News today:

FRACTAL FROM LAST BULL RUN SAYS BITCOIN WILL HIT $100K BY MAY

Here’s a look at the similarities between the two cycles, and the roadmap that takes the price per BTC to $100,000 and higher within the next couple of months.

Bitcoin volatility is picking up, starting with an explosive move from $10,000 to $50,000 in a few short months. The complete repricing of the coin has been due to institutional investors scrambling to buy what they can of the scarce crypto asset.

At only 21 million coins and a market cap of under $1 trillion, Bitcoin is expected to grow in the long-term reliably. And in an economic climate where growth is challenging to come by, the cryptocurrency has become especially attractive.

But as Bitcoin price discovery takes place, volatility is bound to ensue and is has in recent weeks as the cryptocurrency recently shed 20% in a single day. At prices of $50,000 per coin, a 20% dive means $10,000 in value apiece evaporating into thin air, compared to the $1,000 per plunge crashes during the last bull market.

If the same path is followed, Bitcoin could see further collapse before experiencing a sharp rebound to more than double the price. The price action will play out quickly, taking Bitcoin price first to $75,000 in April, then $100,000 by the time May rolls around.

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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:

Previous macro tops have occurred when thousands of transactions worth 5 to 7 million dollars each were flooding the blockchain. True FOMO. Currently, no such FOMO in sight for $BTC. pic.twitter.com/s9Cbgn4n8Q

— whalemap (@whale_map) February 25, 2021

#Bitcoin doesn’t look too great for a bull continuation coming period.Still, retest at $54,000-55,000 could happen, but I’m cautious when we get there. If we lose $47,000, then I’m looking at $42,000-44,000 and $37,000-38,500 next.

That should be the low.

— Michaël van de Poppe (@CryptoMichNL) February 25, 2021

Fractal From Last Bull Run Says Bitcoin Will Hit $100K By May

https://cointelegraph.com/news/bitcoin-price-macro-top-not-so-fast-data-shows-the-real-fomo-isn-t-even-here

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On a global scale, few actually own Bitcoin (BTC).

According to Robert Kiyosaki, the author “Rich Dad Poor Dad,” though, everyone should own the cryptocurrency ahead of the coming “banking crisis.”

This comment is in line with the sentiment of an impending collapse in banking and in the fiat currency system that Kiyosaki has extensively shared since the pandemic began.

Months ago, the tweets of financial educator and entrepreneur Robert Kiyosaki began to gain traction within Crypto Twitter.

Seemingly due to the pandemic, Kiyosaki began to fear that a collapse of the institutions that run the economy is entirely possible.

And according to him, owning gold, silver, and some Bitcoin is a smart way to hedge risks against this collapse.

On August 20th, he doubled down on this sentiment when he tweeted:

“WHY BUFFET is OUT OF BANKS . Banks bankrupt. MAJOR BANKING CRISIS COMING FAST. Fed & Treasury to take over banking system? Fed and Treasury “helicopter fake money” direct to people to avoid mass rioting? Not a time to “Think about it.” How much gold, silver, Bitcoin do you have?”

Kiyosaki added that along with a collapse in the banking sector, he is also expecting a secondary drop in the stock market that will be “bigger than March 2020,” when the S&P 500 plunged by approximately 40%.

Although it isn’t clear if Kiyosaki’s fears are valid, many analysts agree that owning BTC is more logical than ever due to stronger fundamentals than ever.

Real Vision chief executive Raoul Pal, who is a Wall Street veteran, said that all trades may be inferior to Bitcoin due to charts and fundamentals:

“In fact, only one asset has offset the growth of the G4 balance sheet. Its not stocks, not bonds, not commodities, not credit, not precious metals, not miners. Only one asset massively outperformed over almost any time horizon: Yup, Bitcoin. My conviction levels in bitcoin rise every day. Im already irresponsibly long. I am now thinking it may not be even worth owning any other asset as a long-term asset allocation, but that’s a story for another day (I’m still thinking through this).”

In other trending Bitcoin News today:

Analyst Josh Rager Is Holding This Crypto Asset Until It Hits $100,000 – And It’s Not Bitcoin

Crypto analyst and trader Josh Rager says he’s holding onto one altcoin until it surges to $100,000.

Rager tells his 80,000 followers on Twitter that he believes YFI has a ton of room to grow, if he can resist the urge to take profits.

“Bought three YFI around $2,500. Sold two way too early… Could be close to $50,000 combined value right now. But kept one and not selling until over $100,000. Current high so far over $16,100.”

Rager points out that YFI has already surpassed Bitcoin (BTC) in terms of price and it did so in a relatively short period of time.

“I guess 1 YFI does equal 1 BTC… Imagine buying Bitcoin a month ago at $2,000 and it shooting up to its current $12,000 value. Everyone would die for that opportunity. Well YFI just did that.”

YFI is the governance token of decentralized finance (DeFi) protocol yearn.finance.

It is dubbed as an “automated yield aggregator” as the platform scours all other DeFi protocols, locks in the one that offers the best yields, and deposits the funds in that specific protocol.

The process allows users to farm protocols that generate the highest yields.

While YFI offers an attractive use case, there’s always a risk of massive devaluation.

Yield farming platform YAM witnessed its market cap soar to nearly $60 million on August 13th only to collapse to $0 in a matter of hours, according to CoinGecko.

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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:

WHY BUFFET is OUT OF BANKS . Banks bankrupt. MAJOR BANKING CRISIS COMING FAST. Fed & Treasury to take over banking system? Fed and Treasury “helicopter fake money” direct to people to avoid mass rioting? Not a time to “Think about it.” How much gold, silver, Bitcoin do you have?

— therealkiyosaki (@theRealKiyosaki) August 21, 2020

Bought three $YFI around $2,500Sold two way too early…. could be close to $50k combined value right nowBut kept one and not selling until over $100k

Current high so far over $16,100 pic.twitter.com/PJFnRMcrVn

— Josh Rager 📈 (@Josh_Rager) August 20, 2020

https://dailyhodl.com/2020/08/22/analyst-is-holding-this-crypto-asset-until-it-hits-100000-and-its-not-bitcoin/

https://cointelegraph.com/news/barstool-sports-founder-unprepared-for-bitcoin-exits-after-25k-loss