BITCOIN WILL SKYROCKET TO OVER $100K PER BTC BY END OF 2021, SAYS CHAINALYSIS CEO!!!!!

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MicroStrategy CEO Michael Saylor is telling investors that buying Bitcoin is better than putting their money into traditional assets like stocks, bonds and gold and also explains how Bitcoin is going to $10 million per BTC.

“Is it good for Bitcoin if JPMorgan, Goldman Sachs & BOA issue $10 trillion of USD stablecoins & start handling BTC & selling it to all their institutional investors? Yeah its good for BTC. Bitcoin’s going to $1 million per coin and then $10 million a coin.”

In other breaking Bitcoin News today: Miami will hand out free Bitcoin to residents from profits on city coin!

Every Miami resident with a digital wallet will be eligible to receive a Bitcoin dividend according to Mayor Francis Suarez. 

“We’re going to be the very first city in America to give Bitcoin yield as a dividend directly to its residents,” Suarez said in an interview on Nov. 11.

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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:

https://cointelegraph.com/news/bitcoin-hitting-59k-would-be-extremely-healthy-says-trader-as-btc-price-retreats

https://cointelegraph.com/news/miami-will-hand-out-free-bitcoin-to-residents-from-profits-on-city-coin

https://cointelegraph.com/news/bitcoin-derivatives-markets-healthier-than-in-q1-says-research-after-fresh-leverage-shakeout

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Bitcoin price dumped on Friday as the news appeared to rattle markets, sliding almost 10% and bouncing off support at around $7,000.

Cryptocurrency exchanges operating illegally in China face a new threat after the central bank announced it would take new steps to uphold its trading ban.

In a statement on Nov. 21, the People’s Bank of China warned it was taking action against entities allegedly involved in trading cryptocurrencies such as Bitcoin (BTC).

In a Twitter debate on Nov. 21, commentators joined forces against Peter Schiff, who shared with $1,000 BTC price prediction. Schiff: $1,000 would “complete the pattern” for BTC

Arguing current price action correlated to a “head and shoulders” formation, the gold bug forecast a dramatic downturn would characterize markets in the future. He summarized:

“Bitcoin is nearing the neckline of the head-and-shoulders top I pointed out before the Oct 25th 40% pump. The right shoulder is now shrugged and the neckline slanted and parallel to the shoulders. If it breaks the price objective for the dump is $1,000 to complete the pattern.”

In other Crypto news todays, popular Crypto analyst Alex Kruger called the Bitcoin price dump yesterday, in which he tweeted the following:

“BTC needs to rally or it will crash. How brilliant, right? If it doesn’t go up, it will go down! I’m aware non-technical traders are repelled by this way of thinking, so let me break it down. Mind this is NOT financial advice, just sharing my thought process. I’m often wrong.”

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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 asked “why did this happen?”A rationalization:#1 China news used to drive price +42% (front-running expected new demand)#2 Price dripped lower on low volume=>increased demand never materialized

#3 Sellers sold every single rip. They just did.https://t.co/TmVfeMCGXE

— Alex Krüger (@krugermacro) November 22, 2019

https://cointelegraph.com/news/ok-doomer-peter-schiff-is-convinced-bitcoin-will-now-crash-to-1k

https://cointelegraph.com/news/bitcoin-drops-below-73k-as-china-vows-to-dispose-of-exchanges

💰 Get FREE $100 In Bitcoin When You Open Tax-Free IRA Crypto Account With iTrust Capital: http://itrust.cryptonewsalerts.net

Right now, with the Bitcoin market cap sitting just under $1 trillion, BTC is only a very tiny fraction of the world’s assets combined. So in the grand scheme of crypto, this is why many analyst believe we’re still so early.

“If Bitcoin captures just 5% of the market cap of other assets on this chart, it’ll be worth over $2M/coin.”

In other trending Bitcoin News today: Bitcoin bears lack ‘balls’ to continue selling into 2022!

BTC bears will probably be too “stoneless” to keep prices down much longer, fresh Bitcoin price analysis argues.

In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction.

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🔥 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:

https://cointelegraph.com/news/billionaire-investor-bill-miller-puts-50-of-net-worth-in-bitcoin

https://cointelegraph.com/news/world-s-biggest-podcaster-joe-rogan-has-a-lot-of-hope-for-bitcoin

https://cointelegraph.com/news/bitcoin-returns-to-42k-as-bets-start-favoring-short-squeeze-higher-for-btc