BITCOIN WILL GO ALL THE WAY TO $160K ‘THIS YEAR’, SAYS CELSIUS CEO!! BTC TAPROOT UPGRADE LOCKED IN!!

➡️ $274 Million Secret: Larry Benedict Live Event (REPLAY)
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Bitcoin (BTC) bulls estimate that the bitcoin price of each coin could hit $20,000 very soon thanks to rising demand.

But there are some who believe that the BTC price could very well go on to hit 6-figures in the future, including Morgan Creek Digital CEO Mark Yusko.

In a recent interview, Yusko said that the price of Bitcoin could eventually hit $500,000 thanks to its scarce supply, increasing demand, and advantages over a safe-haven investment such as gold.

According to Yusko, there’s $7.4 trillion worth of gold in the world.

He believes that bitcoin is a much better asset than gold because it can be transferred easily and divided into smaller parts.

To arrive at his forecast, Yusko equated the gold market’s value to that of the digital asset. He said:

“So if we get the amount of value in total Bitcoin market value or network value equal to gold, that’d be about $7.4 trillion divided by 21 million coins, although there aren’t really 21 million left, and you get around $400,000 a coin, maybe $500,000 a coin. Now, when does that happen? It’s probably over a decade or maybe even more.”

Another Bitcoin bull John McAfee recently shared on Crypto Twitter:

“In 5 years BTC is up 4082.52% in last 52 weeks it’s up 129.10% in the last month it’s up 10.33% & last 5 day’s its up 1.71%. Fuck FIAT”

In other BTC news today, the Bitcoin price still has potential to dive to $5,500, yet macro uptrend still intact.

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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:

the golden cross is here for 2020 but it still might dive 5.4-5.6k (0.786 Fib), unless we start closing weekly 8k+I wouldn’t mind cheap ₿₿₿ for Christmas personally🎅🎁Reminder:

Decembers have almost always provided us with extremes and pivots. U ready for when it comes? pic.twitter.com/XFk6ORaZbH

— Crypto₿irb (@crypto_birb) December 14, 2019

In a period where: —political tensions escalate between US and China, —global equity markets fall sharply—VIX largest spike in many months

—global yield curves flatten/invert#bitcoin has RISEN and >$6,000

Crypto showing its value as an uncorrelated asset.

— Thomas Lee (@fundstrat) May 9, 2019

One other clue that we use to determine this, especially in channels, is the ability for price to leave the channel on these climaxes. See here for the example of $BTC when it hit the top after it’s markup.Price leaves the channelVolume is huge

Wyckoff clues say top pic.twitter.com/KPVHUYpgB9

— Cold Blooded Shiller (@ColdBloodShill) December 7, 2019

https://www.ccn.com/bitcoin-price-500000-beats-gold-mark-yusko/

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It’s all about Elon Musk as Crypto Twitter provides the backdrop to an ongoing battle between Bitcoin hodlers and the “Dogefather.”

“Elon Musk must be an outstanding technical analyst. His “Tesla has not sold any Bitcoin” tweet was posted exactly at Bitcoin’s key technical level, the 61.8 fib ($42,845).”

In other trending Bitcoin News today: Top Trader Says He’s Bullish on Two Underrated Altcoins, Unveils Big End of Year Target for Bitcoin!

A high-profile crypto trader is sharing his two under-the-radar altcoin picks and his BTC bull market end-of-year prediction.

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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 is designed to do 1 thing, kill central banks. Its hard-coded in the Genesis Block this very reference. It’s designed elegantly to kill CB’s. When CB’s are killed global energy usage goes from 160K terawatt-hours cut by 3 quarters.”-@MaxKeiser

— Crypto News Alerts 🔥🎙 (@CryptoNewsYes) May 16, 2021

To clarify speculation, Tesla has not sold any Bitcoin

— Elon Musk (@elonmusk) May 17, 2021

https://cointelegraph.com/news/banking-system-consumes-two-times-more-energy-than-bitcoin-research

https://cointelegraph.com/news/elon-musk-tweets-btc-price-bottom-5-things-to-watch-in-bitcoin-this-week

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The Bitcoin price has continued its cataclysmic November, with BTC dropping further overnight to $6,500, levels not seen since this May. 

In today’s show, we examine the following 4 Reasons Why Bitcoin Price Continues to crash:

In other Cryptocurrency news today…

Market analyst says, “The BTC price is headed for $20,000 – $25,000 zone next year.”

The Crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year. 

Crypto Michael shared on twitter:

$BTC #BITCOIN All in all, the long-term trend is still fine, aside from a parabolic explosion earlier this year (which is an outburst to the upside). Keeping the trend intact -> market is fine. Onwards to $20,000-25,000 in 2020.

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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:

Whatever movements there are now (whether we go back to $7,800 prior to any further downwards movements), I do believe that the asset $BTC is one of the few bullish assets macro wise for the coming years.

Bottoming $6,200-6,500? Hell yes, I’ll be happy. Stack some more BTC.

— Crypto Michaël (@CryptoMichNL) November 24, 2019

$BTC #BITCOINAll in all, the long-term trend is still fine, aside from a parabolic explosion earlier this year (which is an outburst to the upside).Keeping the trend intact -> market is fine.

Onwards to $20,000-25,000 in 2020. pic.twitter.com/uednu3jgo4

— Crypto Michaël (@CryptoMichNL) November 23, 2019

Not making reference to manipulation. Bitmex is now collecting in fees as much as 7% as all miner issuance combined, maybe slightly less given how fees are not flat. A large percentage is sold into the market. A significant sum for a single entity.

— Alex Krüger (@krugermacro) November 25, 2019

Added liquidity can only help price, but $BTC doesn’t respond to macro variables.It is such an illiquid/fragmented market that in the absence of mass influx of new buyers, actions of a few determine direction. Micro, not macro.

Only narrative still standing is the halving/s2f.

— Alex Krüger (@krugermacro) November 24, 2019

Bitcoin Price Headed For $20k – $25k Zone Next Year: Analyst

4 Reasons Why Bitcoin Price Continues to Crash