BLOOMBERG PREDICTS BITCOIN WILL HIT AT LEAST 6-FIGURES THIS YEAR!! BTC WILL DOMINATE 21ST CENTURY!!

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With the recent Bitcoin price surge from the lower $14,000’s to almost touching $16K in the past 24 hours, BTC pioneer Max Keiser, host of the Keiser Report went on an epic tweet storm sharing the following on Twitter:

“Order book shows no Bitcoin for sale up to $20,000. Any offers between $20-28,000 will get pulled. I’m looking at a possible pause at $28,000.”

“Bitcoin won’t pause until $28,000. Will update my forecast when it gets there, but I don’t see any pullbacks until $28,000”

“$16,000 is no resistance. None at $17,000 either. Virtually no resistance at all. Bitcoin has no top because fiat has no bottom.”

SCAM ALERT: “CoinSwitch Exchange Scammed Me Of $50,000 In Crypto”

I went to exchange some crypto as they advertise through their platform using Binance.

Then my transaction failed according to their support due to a technical error on their end.

Then they exploited KYC to withhold my funds.

However, even after complying and sending in all requested information, I’m still getting the run around, going back and forth with their support and they’re still withholding my funds.

I’m shocked that Cointelegraph influencers such as Keith Wareing promote this crypto exchange scam.

In other trending Bitcoin News Today:

“Fed Calling For More Stimulus Is ‘Code for Buy Bitcoin,’ says Winklevoss”

The United States Federal Reserve is still unintentionally advertising Bitcoin, as Chair Jerome Powell argues for more money printing.

In a tweet on Nov. 6, Tyler Winklevoss, co-founder of crypto exchange Gemini, said that Powell’s latest speech this week was “code for buy Bitcoin.”

Powell was addressing a news conference, which followed the Fed’s Nov. 5 meeting on the state of the economy and future measures.

As before, he reiterated that the central bank had not exhausted its range of tools for supporting the economy.

These have so far included heavy interventions in stock markets, financial stimulus measures and direct payments to Americans.

“I just would say that I think we’ll have a stronger recovery if we can just get some more fiscal support, when it’s appropriate… the size Congress thinks is appropriate,” he said, quoted by Reuters.

Bitcoin proponents have long warned about the long-term impact of short-term meddling in the economy by central banks that is represented by the huge increase in public debt seen in the U.S. and elsewhere in 2020.

The Fed’s balance sheet stood at $7.14 trillion on Friday, near record highs. U.S. national debt has topped $27.2 trillion, a figure never before seen in history.

In what some this week described as a clear demonstration of simple supply and demand at work, Bitcoin — with its fixed supply — continued climbing as Powell delivered his speech.

The largest cryptocurrency has gained over 15% since the start of the week, rising to levels not seen since the end of 2017.

According to quant analyst PlanB and others, this is to be expected, as six months after its block subsidy halving cut the supply of new Bitcoins in half, investors have bought up the slack.

These have included existing corporate buyers who have upped their requirements, among them payment gateway Square, which saw 80% of its Q3 revenue come from Bitcoin.

“There is virtually no BTC left for sale,” the popular Twitter account Girevik summarized, noting large buyer support on exchanges at levels below $13,000. Sellers have yet to impact the market, even at close to $16,000.

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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:

SCAM ALERT: @coinswitch scammed me of $50,000, exploiting KYC to withhold customer funds. Even after complying and sending all required documentation. I’m shocked @Cointelegraph influencers like @officiallykeith promote this exchange scam. Video coming soon with full details.

— Crypto News Alerts (@CryptoNewsYes) November 6, 2020

Millions of us opted out of this political nightmare years ago with #Bitcoin Take as long as you want to sort this out We don’t give AF In fact, the longer it takes the mega-richer we get Take your time, hombre

🍊💊👍 https://t.co/idIXV1xUPL

— Max Keiser (@maxkeiser) November 5, 2020

Top Bitcoin Expert Claims “The Train Has Left The Station” With $14K Broken

https://cointelegraph.com/news/fed-calling-for-more-stimulus-is-code-for-buy-bitcoin-says-winklevoss

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According to John McAfee, the Bitcoin price is still on track to reach $1 Million despite the abysmal BTC price performance in Q4.

When asked whether his uber-bullish BTC price prediction still holds, McAfee succinctly replied: “You bet.”  

In his most recent Tweet he shared:

“In 5 years BTC is up 4082.52% in last 52 weeks it’s up 129.10% in the last month it’s up 10.33% & last 5 day’s its up 1.71%. Fuck FIAT”

During his exclusive interview with U. Today, he claimed that Bitcoin (BTC) was the very first automatic deflationary currency in history, and the end of 2020 was still too far away to dismiss his forecast.

“There are only 21 million [coins] that can ever exist, and 18 million [coins] have already been mined. This leaves only 3 million left, and it will take many years to mine those 3 million coins. In the meantime, 7 million coins have been lost forever, and for every coin that’s mined, four are lost. Do you understand? This is the world’s first automatic deflationary currency.” – John McAfee

In other Cryptocurrency news today, Silk Road Darknet marketplace founder Ross Ulbricht says the Bitcoin price will skyrocket up to $100,000 in 2020.

The blogs were published based on letters he wrote in prison, using a type of market analysis known as Elliott Wave Theory.

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🔥 [IMPORTANT] – Secure your crypto with a Trezor or Ledger hardware wallet:

Trezor: ► http://trezor.cryptonewsalerts.net

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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:

In 5 years BTC is up 4082.52% in last 52 weeks it’s up 129.10% in the last month it’s up 10.33% & last 5 day’s its up 1.71%. Fuck FIAT

— John McAfee (@officialmcafee) December 13, 2019

https://u.today/bitcoin-price-could-still-hit-1-million-in-2020-insists-crypto-baron-john-mcafee

https://cointelegraph.com/news/silk-road-darknet-marketplace-founder-btc-will-reach-100-000-in-2020

https://medium.com/@RossUlbricht/bitcoin-by-ross-end-of-a-cycle-or-room-to-run-9522fc0c67f5

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Determining the true Bitcoin value can be more complicated than simply looking at the current BTC market price.

“Most Bitcoins already cost at least $100,000, but probably more like $10 million,” said Michael Goldstein, also known as Bitstein, in an Aug. 17 tweet. 

While the Bitcoin price sits around $12,000 at this time, many folks in the crypto industry likely value the asset at a much higher price tag.

If someone buys a BTC at $10,000, but is unwilling to sell it until the asset reaches $100,000, then the price tag of that Bitcoin is naturally much higher than its current market value.

This then begs the question: How many Bitcoin are currently worth $100,000?

At the start of the year, 64% of Bitcoin’s circulating supply had remained in the same wallets since 2018, which seems to suggest that most BTC has a higher valuation than current market prices indicate.

According to Goldstein, many of Bitcoin’s largest bag holders value the asset between $100,000 and $10 million.

These numbers sit in line with a bevy of price predictions from various authorities over the years.

On March 5, 2020, Bitcoiner Max Keiser predicted Bitcoin shooting up to $100,000 in 2020 as fueled by COVID-19 repercussions.

Other notable names across the industry also predicted prices above $100,000 for Bitcoin at some point, including Morgan Creek Digital co-founder Anthony Pompliano, BTC stock-to-flow model creator PlanB, and cryptographer Adam Back, among others.

In other trending Bitcoin News today:

Million-Dollar Bitcoin Whale Says Traders Should Track Two Altcoins in Addition to BTC

An outspoken Bitcoin whale who rarely shows affection for anything other than BTC says two crypto assets have potential.

The pseudonymous trader known as Joe007 says UNUS SED LEO (LEO) may be a solid pick for investors looking to diversify their crypto portfolio.

“In a sane world, extremely low correlation by LEO would make it a desirable diversification instrument when it comes to constructing crypto portfolios. But of course, crypto traders are too busy chasing the latest shitcoin-du-jour pump to even take a notice.”

LEO is an ERC20 utility token that operates on the Ethereum and EOS blockchains.

LEO holders enjoy multiple benefits on the crypto exchange Bitfinex including taker fee reduction, lending fee reduction, and discounts on crypto and fiat deposits and withdrawals.

Joe, who is known for placing large bets on the crypto exchange Bitfinex, says another coin on his list is Binance Coin (BNB).

The trader says the token offers a use case that sets it apart from other crypto assets.

Binance Coin is a utility token issued by crypto exchange Binance. BNB holders get discounts when using the coin to pay for trading fees on Binance and Binance DEX.

Holders can also use BNB to pay for goods and services to select merchants.

Because demand for both BNB and LEO is driven in part by the performance of their respective crypto exchanges, Joe says they have an additional potential use case aside from simply being a digital form of money.

“I wouldn’t consider LEO or BNB shitcoins, actually – as they are not trying to be money (‘coins’) in the first place. If anything, they are equity-like centralized crypto assets.”

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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:

It’s an interesting thought experiment. What is the closest price it would take for you to sell all your bitcoins right now, on the condition you could never own any ever again?

— Senuto Cryon (@senutocryon) August 18, 2020

Most bitcoins already cost at least $100k, but probably more like $10 million.

— Michael Goldstein (@bitstein) August 18, 2020

ICYMI: #bitcoin is nicely moving away from 200 week moving average. 200WMA is currently $6400, is increasing $200 per month, and has never decreased. Best of all, BTC monthly close has never been below 200WMA. pic.twitter.com/c21W1kVDiv

— PlanB 🔴 🔴 🔴 (@100trillionUSD) August 19, 2020

https://dailyhodl.com/2020/08/18/crypto-strategist-says-this-large-cap-altcoin-is-about-to-outperform-bitcoin-with-175-upside-potential/

https://dailyhodl.com/2020/08/19/million-dollar-bitcoin-whale-says-traders-should-track-two-altcoins-in-addition-to-btc/

https://cointelegraph.com/news/98-of-all-bitcoin-is-now-worth-more-than-when-you-bought-it

https://cointelegraph.com/news/a-critical-mass-of-long-term-btc-hodlers-seem-to-be-making-100k-inevitable