BITCOIN WILL SKYROCKET TO 0,000 BY 2022 VERY EASY!! BTC PRICE PREDICTIONS – CMDX INTERVIEW!!

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While Ripple XRP, the third largest cryptocurrency is still trading at $0.21, a trader is citing a chart to suggest a somewhat unrealistic XRP price surge to the $28 level next year.

XRP has not been on top form since early 2018 when the price surged to its all-time high of about $3.84.

Ripple’s active expansion strategy has not yet made its retail investors happy since the XRP price has been unable to get over $0.30 for a long while already.

However, now traders seem to have found signs on charts that say a new bull run is coming next year.

The trader ‘D.Y.I. Investing’ has shared some info about cyclical time frames for XRP he has come across.

Bearish cycles that happen to XRP take two years, he says, following a 1-year bullish cycle. This means, as per the trader, that the approaching 2020 is going to become bullish for the coin.

He expects the price to hit as much as $28. He shared on Crypto Twitter in a recent tweet:

Cyclical Time Frames with $XRP. You guys have seen me post this chart before but now I have added cyclical time frames to paint an even clearer picture. XRP follows cycles of 6 months to 1 year Bull Cycles followed by 2 year Bear Cycles. 2020 will be the next Bull Cycle. $28

In other Crypto news today:

Bitcoin Futures gap exists at $11,800; can bulls fill the gap?

For some context, a “gap” in a financial market is when an asset doesn’t trade at a certain price, leaving a gap in the order books and charts which is highly irregular. While gaps are rather rare, they’re common in the Bitcoin market because the Chicago Mercantile Exchange (CME) closes on the weekends though cryptocurrencies exist in a 24/7 market, creating discrepancies due to this market’s inherent volatility.

Some say that gaps can be used as a form of analysis, for in traditional markets, assets always fill the price gaps they leave in the coming trading sessions.

With there existing remaining gaps on the Bitcoin chart, we must ask: will Bitcoin (BTC) fill them?

According to cryptocurrency trader “exitscammed,” there exists a Bitcoin CME Futures price gap in between $11,700 and $12,000, left behind from the strong rally seen earlier this year.

$12,000 is 70% above the current price level of the low-$7,000s.

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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:

Cyclical Time Frames with $XRP.

You guys have seen me post this chart before but now I have added cyclical time frames to paint an even clearer picture.$XRP follows cycles of 6 months to 1 year Bull Cycles followed by 2 year Bear Cycles. 2020 will be the next Bull Cycle. $28 pic.twitter.com/P5ZfAgPfF4

— D.I.Y Investing (@vajolleratzii) December 15, 2019

Transaction Type: PaymentAmount: 50,000,000 XRPFee: 45 drops (0.000045 XRP)Sender: r3UfhuRaxjwGEibXZ9mRWaKMJqtSsWcP14Sender Balance: 100,000,095.25741Receiver: rUC8XGzh9W6uzn45GJVAoow7TxCMxmnLrqReceiver Balance: 50,000,094.977455

Link: https://t.co/cZKOBH96on

— XRPL Monitor (@XRPL_Monitor) December 13, 2019

Bitcoin Futures Gap Exists at $11,800; Can Bulls Fill the Gap?

https://u.today/xrp-price-to-hit-28-in-next-bull-cycle-in-2020-crypto-trader

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3 Reasons Why Bitcoin Price is Macro Bullish & Could Soon Go Parabolic

Per a tweet from a prominent Cryptocurrency trader that went industry-viral, there are three reasons why he thinks the BTC price is entirely bullish on a macro basis:

Trader Satoshi Wolf recently noted that per his analysis of Bitcoin’s one-month candle chart over the past three years, there are at least three bullish technical analysis and fundamental signs that can be seen:

Firstly, the recent price decline that Bitcoin has seen from $14,000 to a low of $6,400 has been marked by decreasing volume, which he claims is “bullish.” Indeed, falling volumes in a downtrend would indicate that the sellers are gradually losing control.

Secondly, Bitcoin (BTC) in December decidedly bounced off the key $6,400 macro support level, which has been a level of utmost importance since early-2018, in December on high buying volumes.

And lastly, the block reward reduction for Bitcoin, which will decrease the inflation rate of the cryptocurrency by half, is on the horizon (May 2020). This event has been found to be correlated with upswings in the market.

This confluence of factors suggests Bitcoin may in the coming months explode past $10,000 and maybe even higher.

$75,000: Bitcoin’s Price is Set to Climb Exponentially If This Fractal Plays Out

Now one prominent analyst is explaining that Bitcoin’s recent price action is closely mirroring a fractal pattern seen just prior to the parabolic rise in early-summer of 2019, which may suggest that Bitcoin will soon rally into the five figure price region.

This rally may lead it into a significant resistance region, but it is important to note that there is a key level just above its 2019 highs that could catalyze a move that allows BTC to set fresh all-time highs.

BTC’s Rally Could Turn Parabolic If Next Upswing Leads It to Over $14,200 If the eerily accurate fractal that Dave The Wave muses continues playing out, it appears to be a strong possibility that the crypto could be just a mere matter of months away from its next parabolic phase that leads it up towards $75,000.

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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:

Yikes….Shorter to medium term. If price continues to break higher on another smaller parabolic run, the symmetrical triangle formed may serve to provide some resistance. Once that breaks

⬆️ pic.twitter.com/sl2DAUaBnd

— dave the wave (@davthewave) January 19, 2020

a) This would mean nearly 1,5 TRILLION marketcapb) money doesn’t grow in the treesc) remember you are using a log-based chart ( exponential profits can last forever)

d) please don’t forget also that a LOT of people follow and trust your words🙏

— Crypto Spain (@CryptoZeben) January 20, 2020

A good mate asked for my take on $BTCThe monthly chart says it all:1. Price decline + volume decline = Bullish2. Volume backed bounce off strong support = Bullish3. Halving = Bullish

Until something changes I am Bullish on #Bitcoin and will do everything to get more. pic.twitter.com/XGWxLUpCJF

— Satoshi Wolf (@SatoshiWolf) January 22, 2020

These 3 Reasons Are Why Bitcoin’s Price May Soon Explode Past $10,000

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An investment firm that predicted Tesla’s meteoric ascent is extremely bullish on Bitcoin and says the BTC market cap could go as high as $5 trillion.

Also in today’s show, Credible Crypto predicts the Ripple XRP price will rise 12,900% in the next Bitcoin bull cycle.

In a comprehensive report, New York-based thematic investment firm ARK Invest sees massive growth potential for Bitcoin over the next few years despite its already impressive run that has defied expectations. 

“Our analysis suggests Bitcoin is early on its path to monetization, with substantial appreciation potential. In our view, Bitcoin’s $200 billion market capitalization – or network value – will scale more than an order of magnitude to the trillions during the next decade.”

Specifically, ARK Invest points out that the adoption of Bitcoin as a global settlement network, as a protection against asset seizure, as digital gold, or as a catalyst for demonetization in emerging markets has the potential to fuel the growth of the crypto asset’s market cap.

Despite their high evaluation of the crypto asset, ARK Invest points out the several risks that threaten Bitcoin’s growth potential.

For one, ARK Invest says security breaches and institutional mismanagement have cost investors millions of dollars with no legal recourse.

Other risks are regulatory uncertainty and “over-institutionalization”, which the company says could cause a monopoly in Bitcoin transactions and present an “existential risk to bitcoin’s value proposition.”

Although risks are present, ARK Invest highlights the potential of BTC to print massive gains within a decade.

“Bitcoin offers one of the most compelling risk-reward profiles among assets, as our analysis suggests it should scale from roughly $200 billion today to $1-5 trillion network capitalization during the next five to ten years. In our view, capital allocators must consider the opportunity cost that will be associated with ignoring bitcoin as a new asset class.”

In other trending Bitcoin News today:

Credible Crypto Predicts XRP Will Rise 12,900% in Next Bitcoin Bull Cycle

Closely-followed trader and crypto strategist Credible Crypto sees XRP meteorically rising by over 12,900% in the next Bitcoin boom cycle.

In a new tweet, the crypto analyst tells his 68,000 followers that Ripple’s native token has the potential to massively increase one’s net worth in the coming years.

“Keep it real. XRP price IS NOT ‘pre-determined.’ XRP IS NOT ‘backed by gold.’ XRP WILL NOT reach the prices BTC has ($10,000+). XRP will NOT replace the dollar. But it doesn’t need to do ANY of these things to make you and me life-changing money over the next 3 years.”

When asked to provide his price prediction for the fourth-largest cryptocurrency, Credible explains why he believes XRP can skyrocket between $20 – $30 before the current bull market expires.

“…it’s gone 1000x+ in the last run, this would just be 100x. Regarding sell pressure, weak hands have long sold their XRP for other projects. The ones holding now won’t sell soon.”

Not all analysts share Credible’s long-term bullish attitude towards XRP. Widely-followed veteran trader Peter Brandt told his crew of 375,000 to be cautious about investing in Ripple’s native asset.

“Don’t place your faith in XRP.”

Brand notes that Ripple’s ownership of more than half of the total supply of XRP is a potential liability.

He believes the token has more downside potential as it continues to underperform relative to other major cap coins.

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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:

Keep it real.$XRP price IS NOT “pre-determined.” $XRP IS NOT “backed by gold”. $XRP WILL NOT reach the prices $BTC has ($10,000+).$XRP will NOT replace the dollar.

But it doesn’t need to do ANY of these things to make you and me life changing money over the next 3 years.

— Credible Crypto (@CredibleCrypto) October 2, 2020

It won’t need as much as it seems it would. Many people think the same. But it’s gone 1000x+ in the last run, this would just be 100x. Regarding sell pressure, weak hands have long sold their $XRP for other projects. The ones holding now won’t sell soon. https://t.co/jelsS4rTdc

— Credible Crypto (@CredibleCrypto) October 2, 2020

Don’t know about the long long term, but looking for $20-$30 over the course of this next bull run (2-3 years).

— Credible Crypto (@CredibleCrypto) October 2, 2020

https://research.ark-invest.com/hubfs/1_Download_Files_ARK-Invest/White_Papers/ARKinvest_091729_Whitepaper_Bitcoin_II_An%20Investment.pdf?hsCtaTracking=71be7529-9a39-404e-97b3-04fd4ccf80ec%7C07365ce1-0ed3-4835-9c3c-ac33c030cd70

https://dailyhodl.com/2020/10/05/investment-firm-that-called-teslas-meteoric-rise-says-bitcoin-targeting-5000000000000-market-cap/

Credible Crypto Predicts XRP Will Rise 12,900% in Next Bitcoin Bull Cycle

https://cointelegraph.com/news/trump-price-dots-and-covid-19-5-things-to-watch-in-bitcoin-this-week