BLOOMBERG FORESEES BITCOIN RALLYING TO $400K THIS YEAR!! 5 COUNTRIES WILL LEGALIZE BTC IN 2022!!

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A closely-followed crypto trader is predicting giant rallies for Bitcoin and Ethereum before the turn of the new year, but there’s a catch. In a series of tweets, the pseudonymous trader and analyst known as Kaleo lays out gargantuan predictions for BTC and ETH in the coming months.

Among other things, Kaleo predicts that before 2022 rolls around, Bitcoin shatters $100,000 and Ethereum breaks through $10,000, all while altcoins rally hard.

“My predictions for the second half of 2021:

– $BTC enters 6 figure price discovery

– $ETH breaks above $10K

– We see one more major alt season

– More institutional / government adoption 

– More institutional / government FUD

– Cryptunez gets a girlfriend

– Bears remain bearish”

In other trending Bitcoin News today: Here’s When the Altseason Rocket Takes Off, According to Crypto Trader Tyler Swope! Even though Bitcoin can’t seem to recover the $40,000 level and Ethereum is toying with dropping down to $2,000 again, Swope tells his 253,000 subscribers that there will be another altseason, and it will come sooner than some may think.

“There will be more than a few other altseasons coming this year, and a big one I project happening begins in July – around the middle of it. There are already signs the market wants this to happen.”

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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:

My predictions for the second half of 2021:

– $BTC enters 6 figure price discovery

– $ETH breaks above $10K– We see one more major alt season– More institutional / government adoption – More institutional / government FUD– Cryptunez gets a girlfriend

– Bears remain bearish

— K A L E O (@CryptoKaleo) June 17, 2021

https://cointelegraph.com/news/bitcoin-price-dips-below-34k-as-grayscale-starts-giant-btc-unlocking

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Guggenheim Partners founder Scott Minerd says a $600,000 Bitcoin price is still in the cards, but investors may have to prepare for a further drawdown before BTC can start rising again. In an interview with CNBC, Minerd discusses the possibility of Bitcoin losing over 50% of its based on historical price action.

“Every major run-up in Bitcoin, there has been about an 80% crash. Now, that would make a lot of sense in a lot of ways because that would bring us back into the neighborhood of $15,000.”

“Our research shows that as a store of value, and that’s a debatable point, that if you were to compare it against gold, you’d be at somewhere between $400,000 and $600,000.”

In other trending Bitcoin News today: Bitcoin To Meteorically Rise 15x, Says Crypto Analyst Lark Davis. Davis believes BTC is poised to reach a six-figure price as its fundamentals continue to grow at an exponential rate.

“Bitcoin will go on to rival the market cap of gold this decade. That is a 15X from the current price, which will give a per unit price of $550,000 per BTC.”

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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/key-bitcoin-price-indicator-flashes-its-fifth-buy-signal-in-btc-history

TA: Bitcoin Stuck Near $35K, What Could Trigger A Strong Rally

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Historical data shows that after each Bitcoin halving the BTC price went up substantially, and this time it may be expected to hit $100,000.

In May next year, the third BTC halvening is to take place with miners’ rewards for each new block to be reduced in half.

This means that twice as fewer Bitcoins will be issued, making Bitcoin (BTC) a more scarce digital asset than previously.

All eyes on 2020 – $100,000 after the halving?

A crypto enthusiast ‘Crypto Einstein’ (@BitcoinEinstein) with nearly 40,000 followers on Twitter has posted a chart, showing the rise of the Bitcoin price after each halving (happening every four years).

After the upcoming halving, some believe that the Bitcoin price of father crypto may fall since a lot of miners may give up their business and quit.

However, there are many who are positive that the BTC price will surge due to the halvening, the growth of the US debt and more QE programs to come in the future.

As per the chart shared, this time, the Bitcoin price may be expected to hit an all-time high of $100,000. 

The chart states that the fourth and the last halving will take Bitcoin as high as $300,000.

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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:

#BTC COULD MAKE A UPWARD MOVE ABOVE 9800 & 10K, BEFORE HALVING. NOV-DEC ARE IMPORTANT MONTHS, DON’T MISS ANY DIP THIS MONTH. 13-14K ON CARDS BEFORE HALVING. pic.twitter.com/ofe8hTkX4l

— 💎Zια υʅ Hαϙυҽ ╚»Cɾყρƚσ Aɳαʅყʂƚ & Tɾαԃҽɾ🎯«╝ (@open4profit) November 11, 2019

#BitcoinWeekly looks bearishLogically one more slight lower low is psychological pain to a lot of people. Plenty of “break even” and “just below last wick” stop losses to hit

I expect slow bleed. Lots of dip buying and being stopped out. Then a fast dip with rapid absorption pic.twitter.com/2IyJmwMj0T

— NebraskanGooner📈 (@nebraskangooner) November 30, 2019

#bitcoinThe all knowing fractal says the top is likely in for now.Trend line breakdown retest looks completed.$6,300 incoming?

Will be interesting to see if this continues to play out. pic.twitter.com/Bs1xQHZdoV

— NebraskanGooner📈 (@nebraskangooner) November 29, 2019

Despite 15% Bounce, Bitcoin Price Still Bearish on Weekly: Analyst

https://u.today/bitcoin-halvings-kick-btc-price-up-history-says-100000-may-be-expected-this-time