BITCOIN WILL SKYROCKET ANOTHER 10X – HERE’S WHEN, ACCORDING TO STOCK-TO-FLOW MODEL CREATOR!!!!!

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The crypto analyst known for first applying the stock-to-flow model (S2F) to Bitcoin is undeterred by the top cryptocurrency’s brutal price action. In a new tweet, PlanB reiterates his view regarding where we are in the current bull cycle, asserting that BTC is only a few months into its bull run.

“Just to be clear: I do not think $60,000 was the top, far from it, because I do not see the kind of transactions that normally happen after an all-time high (red dots). In fact, I think we are just a couple of months out of the bear market (blue dots). And yes, this on-chain view fits S2F(X).”

In other trending Bitcoin News today: Is Bitcoin Top In? Crypto Analyst Nicholas Merten Predicts BTC’s Long-Term Trajectory

“Cycle midpoint is where, generally speaking, you have a rally in this case. You set a pretty significant top for the next weeks or months and then after that, you start to continue that cycle and really set in an official market top for the overall cycle.”

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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:

Just to be clear: I do not think $60K was the top, far from it, because I do not see the kind of transactions that normally happen after an ATH (red dots). In fact, I think we are just a couple of months out of the bear market (blue dots). And yes, this on-chain view fits S2F(X). pic.twitter.com/omLh23MsrX

— PlanB (@100trillionUSD) May 18, 2021

https://cointelegraph.com/news/vitalik-crypto-is-in-a-bubble-bitcoin-may-get-left-behind-due-to-its-power-usage

https://cointelegraph.com/news/bitcoin-bull-market-still-halfway-after-30k-btc-price-crash-destroys-leverage

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With the Bitcoin price climbing an astonishing 9 million percent, that makes BTC the best preforming asset in the past decade.

Coming into the first quarter of 2020, offbeat asset Bitcoin is already proving to be the year’s best investment.

The benchmark cryptocurrency’s upside run has returned roughly twenty-fold returns in January.

Its rate peaked at over $9,190 on Coinbase exchange on the 19th.

In comparison, it was trading at a mere $6,300 on December 18th, 2019.

Whether speculative or real, the gains have left investors under a spell.

Meanwhile, the market is serving more bullish narratives for the year 2020, many of them predicting the Bitcoin (BTC) price to close above its historical high of $20,000.

Top 20 Best Cryptocurrencies in 2020: Which Coins to Watch For This Decade

In today’s show I share a list of the top 20 best Cryptocurrencies to watch for in 2020 and beyond.

Check out the biggest, most popular promising crypto-assets to consider investing and buying this decade.

Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was A ‘Bad Idea’

“I just lost all the Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”

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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:

I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad! pic.twitter.com/6SJvDJOZU6

— Peter Schiff (@PeterSchiff) January 19, 2020

Heightened geopolitical risk has resulted in both gold and Bitcoin moving higher, but for different reasons. #Gold is being bought by investors as a safe haven. #Bitcoin is being bought by speculators betting that investors will buy it as a safe haven.

— Peter Schiff (@PeterSchiff) January 3, 2020

Top 20 Best Cryptocurrencies in 2020: Which Coins to Watch For This Decade

2 Genuine Reasons Why Bitcoin Will Hit $20,000 in 2020

https://cointelegraph.com/news/peter-schiff-lost-his-bitcoin-claims-owning-crypto-was-a-bad-idea

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An emerging crypto strategist and trader is unveiling a huge price target for Bitcoin (BTC) in the coming months as he believes the crypto asset is mirroring its 2017 bull market.

Based on the crypto analyst’s chart, Bitcoin price can skyrocket entering into a mania phase here in Q4 of 2021 with a target range of $450K – $520K per BTC with the next bear market low range between $65k – $75K.

In other trending Bitcoin News today: Payments Giant Mastercard To Allow All Merchants and Banks To Integrate Crypto Into Their Services!

Mastercard is massively expanding crypto access for businesses as well as consumers.

In a new partnership with digital asset firm Bakkt, the payments giant is launching a range of options that will allow merchants and shoppers to utilize crypto in a number of different ways.

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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:

Why Bitcoin Needs To Clear $64K For Hopes of a Fresh Rally

https://cointelegraph.com/news/south-korean-pension-fund-to-invest-in-bitcoin-etf-report