BITCOIN WILL ROCKET TO $1 MILLION PER BTC, SAYS BLOCKSTREAM CSO SAMSON MOW – HERE’S WHEN!

➡️ $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 Bitcoin’s 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 ‘Extremely Bullish’ 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.

“Bitcoin’s technical indicators just keep flashing bullish signals. [On Wednesday] we pointed out a ‘reverse head & shoulders’ pattern that ended up playing out about two hours after I hit send. What’s 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.” – Mati Greenspan.

In todays show we also share the latest Ethereum and Ripple XRP news updates you should be aware of.

Follow Us:

➡️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

Bitcoin Analysis.– Bull cycles are getting longer.– 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

— CryptoWolf (@IamCryptoWolf) November 27, 2019

https://dailyhodl.com/analyst-new-bitcoin-bull-cycle-will-take-btc-to-120000-plus-xrp-ripple-litecoin-update/

➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net

If the Bitcoin price can stay above $10,000 by the day of the U.S. elections, history suggests that a $100,000 BTC is next.

Bitcoin has spent nearly 100 days above $10,000 – and if history repeats itself, further price gains could be astronomical.

As noted by various social media users this week, as of Oct. 30, Bitcoin was just five days away from trading above $10,000 for 100 days.

According to data from analytics firm CoinMetrics compiled by Twitter user Julio Moreno, after trading above certain price points specifically for 100 days, Bitcoin subsequently gained by an order of magnitude.

For example, after staying above $10 for 100 days, it took just 122 days for BTC/USD to reach $100.

After cracking 100 days above $100, meanwhile, $1,000 appeared in just two days.

Looking at the difference between $1,000 and $10,000, the time period was longer — 150 days to crack five figures after trading at four figures for 100 days.

“Bitcoin has held above $10,000 for over 90 days now, currently ~30% higher than this key level. This is the longest period in its history,” analytics resource The TIE reported as part of the latest edition of its Weekly Insights newsletter on Monday.

“The second longest period was back in December of 2017 when BTC surpassed $10,000 for the first time, just days before it increased by 79% to set it’s all-time high of $20,000. Third was in August of 2019, when Bitcoin traded within a 20% range for nearly 4 months.”

With Nov. 3 as a deadline, attention is focusing on how the coming days will shape Bitcoin price action.

It’s not just the 100-day rule – before then, Bitcoin will finish October likely with one of its highest monthly closes on record.

To beat the top, BTC/USD must hit $13,890 by the end of Saturday. Nov. 3 meanwhile also forms the date of the 2020 U.S. presidential elections, an event whose outcome is widely tipped to have an immediate impact on macro markets.

In other trending Bitcoin News today:

BREAKING NEWS: Iran Central Bank FOMO Begins

Iran has become the first country in the world to use Bitcoin at a state level for value exchange.

Iran has become the first country in the world to use cryptocurrencies at a state level for value exchange.

The Iranian Cabinet has amended legislation to redirect cryptos into the Central Bank of Iran’s funding mechanisms for imports, according to a Saturday report by the official IRNA news agency.

“The miners are supposed to supply the original cryptocurrency directly and within the authorized limit to the channels introduced by the CBI,” said the report by CBI and the Ministry of Energy.

The legal cap for the amount of cryptocurrency for each miner would be determined by the level of the subsidized energy used for mining and based on instructions published by the Ministry of Energy.

Iranian money has drastically fallen in value with inflation there at 34%, a situation that has been continuing since 2018.

The country is in the grip of US sanctions, so they can not use dollars for international trade.

They are therefore turning to bitcoin, the first country to do so at a state level, with the famous bitcoin volatility less of a consideration here because the situation is desperate.

Iran’s economy has been contracting for much of last year and this year at circa -10% a quarter, making this a depression.

However, after some experimentation with cryptos starting in 2018, it appears Iran has found a use case in both creating economic value through facilitating crypto mining, and now in using bitcoin for international trade.

For months we have suspected this was their strategy.

Now it is in black and white: Iran is bypassing the dollar and other fiat currencies by using bitcoin.

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

#bitcoin price can move really fast in bull markets. How fast? 4 to 5 months to move from $10 to $100 and from $1,000 to $10,000.

This happened after 100 consecutive days above these levels and we are only 6 days away from 100 consecutive days above $10,000 pic.twitter.com/fjjiZdeX4C

— Julio Moreno 🔴🔴🔴🔴 (@jjcmoreno) October 28, 2020

https://u.today/will-apple-grab-bitcoin-to-save-its-191-bln-in-cash-crypto-influencers-taking-guesses

Iran Changes Law to Use Bitcoin For Imports

https://cointelegraph.com/news/bitcoin-just-4-days-away-from-historically-bullish-10k-price-record

➡️ “The Crypto Catch-Up” – Teeka Tiwari Live Event: Register here: http://teeka.cryptonewsalerts.net

With Bitcoin closing the month of October at $13,816, this signals the highest monthly close for BTC since December of 2017.

October’s monthly close also signals the highest red dot close to date via the Stock-to-flow model, a clear indication that this controversial Bitcoin price prediction model is right on track ‘still’ targeting $288K by 2024.

Bitcoin briefly spiked above $14,000 again, this time perhaps on news from the US Presidential elections.

The altcoins have erased most of yesterday’s losses, and the market capitalization has added about $10 billion.

Bitcoin broke above the coveted $14,000 mark on Saturday for the first time since January 2018.

Since then, though, the asset has primarily struggled with maintaining its high price tag.

In fact, BTC even dipped below $13,300 on two occasions in the following days.

It started recovering yesterday when it jumped above $13,500 and stayed above it for most of the past 24 hours.

Just a few hours ago, the primary cryptocurrency headed higher once more.

With a few decisive candles, Bitcoin surged to $14,050 (on Bitstamp) before retracing to its current level – $13,800.

Interestingly, the price increase coincided with surfacing reports that the current US President Donald Trump has become the betting favorite to win the 2020 Presidential elections.

Nevertheless, popular TV host Max Keiser recently highlighted that despite who’s the US President following the elections, Bitcoin will emerge as the ultimate winner.

In other trending Bitcoin News today:

“$17K Next? Watch These 3 Key BTC Price Levels”

Bitcoin (BTC) has been on a tear and there’s no escaping it.

But the majority of high-cap altcoins are seemingly suffering at the hands of this bull run, leading to the question: have we had our altseason already?

Is it over or is there more to come?

Bitcoin has been eating up multi-year resistance levels like Pacman on an amphetamine-induced rampage lately, smashing through $11,300, then $12,400 then $13,100 before being rejected around the $14,000 level.  

After $14,400 there isn’t much in the way of resistance until $17K before a new all-time high can be printed for the king of cryptos.

But the question is can Bitcoin run out of steam?  

In other trending BTC News today:

“Bitcoin Bull Cynthia Lummis Wins US Senate Seat”

Cynthia Lummis, the Republican Party candidate for Wyoming, “publicly said” on the night of November 3 “that she wants to defend [crypto] against federal encroachment,” per a tweet from Avanti Bank & Trust CEO Caitlin Long, a Wall Street veteran and fellow crypto advocate.

Lummis is known to be a long-term bitcoin enthusiast and said she made her first purchase in 2013, in the days when one could buy BTC 1 for around $300.

Lummis has previously served in Congress, and recently told the Wyoming Blockchain Stampede in a video interview, “During my time in Congress, I first learned about bitcoin. I was struck by how innovative bitcoin is with its decentralized public ledger and a fixed supply. […] Knowing that there are only going to be 21 million bitcoin makes it an attractive store of value.”

This last point, she stated, was important as the USD’s status as the world’s de facto reserve currency is now coming under threat.

“Bitcoin, to me, has shown great promise and may rise as a viable alternative store of value to the US dollar, both on the institutional level and the personal level. That potentiality is something we must at least acknowledge in our conversations about the economic future of our country.”

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

Price of #Bitcoin at the last 3 US presidential elections: 2012: $102016: $7002020: $14,0002024: ?

Where do you think the $BTC price will be in 2024 at this time? My prediction is $288K! 😎🚀

— Crypto News Alerts (@CryptoNewsYes) November 4, 2020

SENATOR LUMMIS…YESSS!!!🤠 She is likely to be one of the most powerful US senators, given how divided the new senate appears to be. She LOVES what #Wyoming did in #crypto—publicly said tonight that she wants to defend it against federal encroachment. 🙏Congrats Sen Lummis!🚀 pic.twitter.com/FVI7sBcB2t

— Caitlin Long 🔑 (@CaitlinLong_) November 4, 2020

#Bitcoin may undergo a parabolic 2021, as it did in 2013 and 2017, if previous patterns play out again. New highs are a next potential iteration and may be only a matter of time unless something we don’t foresee trips up the trend of greater adoption and demand vs. limited supply pic.twitter.com/w742J7bXfC

— Mike McGlone (@mikemcglone11) November 4, 2020

https://cryptonews.com/news/bitcoin-bull-cynthia-lummis-wins-us-senate-seat-8197.htm

https://cryptopotato.com/bitcoin-pumped-above-14k-as-trump-becomes-betting-favorite-to-win-elections-market-watch/

https://cointelegraph.com/news/can-bitcoin-hit-17k-next-watch-these-3-key-btc-price-levels

https://cointelegraph.com/news/bitcoin-is-targeting-288k-stock-to-flow-price-like-clockwork-planb