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CRYPTO ASSET MARKET COULD SURGE 500X SAYS MACRO GURU!! BITCOIN PRICE CYCLE TOP ABOVE $166K!!

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The entire crypto market could increase in size by 50,000%, according to macro investor and Bitcoin advocate Raoul Pal.

“This is a multi-quadrillion dollar world that’s being developed in terms of flow. In terms of the stock market, the bond market, the equities markets – all of these things are two, three, four hundred trillion dollar markets each. Currently the digital asset sector is [$2.26 trillion], so what is it going to be worth? At least 100x from here still, probably 200x maybe even 500x.”

In other trending Bitcoin News today:

Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000

Based on the current NVT price of $47,500, the next major short-term top with an NVT premium of 2 could likely be at or above $95,000 while a potential cycle top, with an NVT premium of 3.5, could be at or above $166,300.

What’s more, a $166,000 price tag may actually be a fairly conservative prediction, according to Woo. The analyst explained that BTC price could also reach as high as $300,000 by December 2021, based on other metrics.

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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/investors-on-chain-activity-hints-at-bitcoin-price-cycle-top-above-166-000

https://cointelegraph.com/news/eth-bonanza-as-three-north-american-ethereum-etfs-approved-in-one-day

https://cointelegraph.com/news/record-600m-bnb-burn-suggests-binance-made-750m-in-profit-in-q1

BITCOIN CAN HIT $147K BY MID-MAY IF BTC REPEATS THIS PATTERN!! ETHEREUM (ETH) BULLISH PRICE TARGET!!

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“If Bitcoin repeats the pattern after the last consolidation – we could see $147k BTC price by mid-May”, the Bitcoin Archive shared on Twitter to its 119,000 crypto followers.

In other trending Bitcoin News today:

Michaël van de Poppe Unveils Bullish Price Target for Ethereum, Says Bitcoin Must Remain Above Crucial Breaker

In a new tweet, Van de Poppe says that as long as Bitcoin can remain above the $61,000 range, he believes the asset is set to keep climbing towards new all-time highs and also says  that Ethereum looks primed to continue breaking out against BTC. If it follows his anticipated trajectory, ETH will hit $4,000 or higher this summer.

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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:

#Bitcoin is the most important asset every created. If I had to choose one thing to hold, it would be $BTC.

That said, if you are a TRADER (not investor), the disproportionate upside from this point is likely in altcoins. They are far more likely to make you insanely wealthy.

— The Wolf Of All Streets (@scottmelker) April 14, 2021

https://cointelegraph.com/news/switzerland-s-largest-insurer-axa-starts-accepting-bitcoin-as-payment

Bitcoin Price Will Rally ‘Much Higher’ Than 0K | Billion Ready to Move Into BTC, XRP, Ethereum

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Legendary veteran Crypto trader Peter Brandt, who has previously said the Bitcoin price could rise to $100,000 in its current long-term cycle, says the BTC price remains in an historic bull trend.

In his latest weekly Crypto outlook, Brandt says Bitcoin (BTC) is now showing early signs that it could climb “a lot higher” than $100k.

“We can use this recent low that we’ve seen back in December that connects back to December 2018 as kind of now redefining the parabolic advance that could be in the process of developing now. And that has implications. I don’t want to get too far ahead of myself because I can make an argument here that I’m not sure really can be made yet – that we’re going a lot higher than $100,000, and it won’t be until 2021.”

In other Bitcoin news today:

Portfolio manager and Cryptocurrency analyst Mati Greenspan says billions of dollars are essentially sitting on the sidelines, ready to move into Bitcoin, Ethereum, XRP, Litecoin and the altcoin market at large.

Greenspan is using data from the crypto research firm Messari, which shows that the total value of all stablecoins is just shy of $6 billion.

Stablecoins are digital currencies that are pegged to traditional assets like fiat. They’re designed to maintain a steady value and offer crypto traders an easy way to sidestep the extreme volatility of the crypto markets.

Greenspan’s theory implies that the billions of dollars in the stablecoin market represent traders who have decided to exit their positions in BTC, ETH, XRP and other crypto assets and are waiting for the optimal time to re-enter the market.

“Nearly $6 billion worth of stable coins ready to move into bitcoin and the alts at a moments notice.”

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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:

BITCOIN BLASTING OFF TO $700,000, ACCORDING TO CRYPTO INVESTMENT FIRM PANTERA CAPITAL – HERE’S WHEN!

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Crypto investment firm Pantera Capital has revealed a Bitcoin pricing model for BTC that places the world’s biggest cryptocurrency asset by market cap at staggering new levels.

In the company’s April letter to investors, Pantera notes that one of their models, which compares the amount of new Bitcoin users to the flagship crypto’s price, reveals a terminal BTC price of $700,000.

In other trending Bitcoin News today:

Japanese gaming giant Nexon invests $100M into Bitcoin. The online games and virtual world creator has snapped up 1,717 BTC for $58,226 each, as it believes the cryptocurrency offers “long-term stability and liquidity.”

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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://news.bitcoin.com/americas-fifth-largest-banking-institution-us-bank-to-offer-cryptocurrency-custody/?utm_source=OneSignalPush&utm_medium=notification&utm_campaign=PushNotifications

https://cointelegraph.com/news/ethereum-on-a-high-after-european-investment-bank-s-121m-digital-bond-news

https://cointelegraph.com/news/japanese-gaming-giant-nexon-invests-100m-into-bitcoin

Bitcoin Price Next Target ,500, Top Crypto Trader Predicts | BTC Is ‘Screaming’ ,000 Surge!

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A prominent crypto trader Eric Choe, aka Mr. Swing Trade, believes that the Bitcoin price may be heading to the moon soon and sets the next BTC price target at $12,500.

After Bitcoin (BTC) surged over the $9,000 threshold on January 28, traders are expecting the leading Cryptocurrency to keep appreciating, however, some still believe that Bitcoin may reverse and hit the bottom.

Eric Choe, who works with analysis based on Elliot Waves, has shared a chart which shows that Bitcoin is on its way to reaching a higher level in the short term.

Bullish on BTC, the trader names the $12,500 area.

‘The bottom for BTC has been in’ In his recent tweet, crypto trader BTC_Macro addresses those who believe Bitcoin has not reached the bottom yet and may still plunge as low as $1,000.

He insists that, as per the charts, the bottom of the Bitcoin price is well behind us already and it has been obvious for months now.

“Sure, maybe the bottom isn’t in yet. Sure, maybe we’ll go to $1k. Sure, maybe $XRP will pump to $589. Sure, maybe Unicorns exist. However, as a trader I prefer reality – and it’s been obvious for MONTHS now that the bottom has been in. Trade what you see, not what you think!”

Bitcoin Is “Screaming” For a Massive Surge: Factors That Will Send BTC Price Surging Past $20K

According to cryptocurrency content creator The Moon, Bitcoin’s hash rate “just hit” a new all-time high at over 123 exahashes per second – an astronomically large number of hashes being computed each second to process BTC transactions.

This, he claims, is a clear sign that BTC is “screaming for a huge bull run leading into the halving,” referencing the sentiment that Bitcoin will surge into the block reward reduction event, which will result in a 50% decrease in the asset’s inflation.

“The Bitcoin hash rate JUST HIT a new ALL-TIME-HIGH! A whopping 123,011,832 TH/s!!! The $BTC fundamentals are screaming for a huge bull run leading into the halving! BULLISH!!”

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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:

Sure, maybe the bottom isn’t in yet.Sure, maybe we’ll go to $1k.

Sure, maybe $XRP will pump to $589.

Sure, maybe Unicorns exist.However, as a trader I prefer reality – and it’s been obvious for MONTHS now that the bottom has been in.

Trade what you see, not what you think!

— Bitcoin Macro (@BTC_Macro) January 29, 2020

https://u.today/bitcoin-btc-prices-next-target-12500-top-crypto-trader-predicts

Bitcoin (BTC), XRP, Ethereum (ETH), and Crypto Hot Trends For 2020 | John McAfee Halts Crypto Promos

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Bitcoin (BTC), XRP, Ethereum (ETH), and the entire Crypto sector has gone through a turbulent year, with significant developments in the background.

Despite the setbacks, there are expectations for significant trends that will shape the moods, attitudes, and decision-making in 2020, which comes with various predictions as the Bitcoin market is about to choose a direction.

Messari has posted a report with 120 trends and opportunities in the Cryptocurrency sector, expected to appear and expand in the coming year.

“This is NOT an objective analysis, but a collection of my / our strong convictions for the decade ahead. It’s based primarily on my nearly seven years studying this industry closely and working in it full time.” – Ryan Selkis

Previous trends in crypto have been altered by Selkis.

He is now especially critical of Ripple XRP, calling it a project that’s “too-big-to-jail”.

At the same time, Tether (USDT) was a surprise, in that it continued to keep its dollar peg, while the project remained solvent.

EOS on the other hand, was deemed as being “broken and ran by a cartel”.

In 2020, BTC will lead again as the best performing asset, while altcoins will only follow if the Bitcoin price remains stable.

Smaller coins and tokens will continue to dump into oblivion, while other underwhelming trends will include tokenized securities, which still lag behind.

On a wider scale, the Crypto sector may give rise to a serious Web 3.0 movement, with decentralized hardware and the willingness to build a new infrastructure less reliant on surveillance and centralization.

In other Bitcoin news today, Crypto-preneur John McAfee says he will stop promoting individual coins to focus on his presidential bid — but already knows he will not win.

In a series of Tweets beginning on Dec. 14, McAfee, who has built a large following among crypto users, claimed that championing individual projects in the space took up too much of his time.

“People ask why I am no longer doing Blockchain promotions. It is very time consuming. My Presidential Campaign will be starting in earnest in January and I cannot do both. I am in no way abandoning crypto; only the task of promoting specific projects.” – John McAfee

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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:

WOAH (as @APompliano would say)I just published my most ambitious piece in the ~7 years I’ve been studying crypto full-time:”Crypto Theses for 2020″

Over the past eight days, I compiled 120 nuggets of my clearest thoughts into one 70 page report.https://t.co/dMSafdfW5k

— Ryan Selkis (@twobitidiot) December 16, 2019

I’m not backing off from Crypto. I’m backing off from promoting specific coins or projects. It’s the Wild West here in Crypto. Even I cannot properly vet anything in this nuclear explosion of technology, promise and exploitation to the degree that I am comfortable promoting it.

— John McAfee (@officialmcafee) December 14, 2019

Crypto Hot Trends and Opportunities for 2020, Messari Research

https://cointelegraph.com/news/no-chance-john-mcafee-halts-crypto-promo-as-us-2020-elections-near

BITCOIN BULL MARKET UNTOUCHED AND IN FULL SWING TO SKYROCKET OVER 450% IN COMING MONTHS SAYS PLANB!!

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Amid the continuing correction in Bitcoin and the broader crypto markets, top analyst PlanB believes that the BTC bull market is far from over. If Bitcoin’s RSI continues to hover above 90, PlanB calculates that the leading crypto asset will skyrocket over 450% in the coming months.

“RSI is 92 now and April is the 2nd month greater than 90. If this run continues 4 more months at RSI 92, BTC will be $300,000 in July (not saying this will happen, just what if). In my opinion, after next all-time high (maybe end this year), volatility will return and we can not rule out 50-80% draw down.”

In other trending Bitcoin News today:

Legendary longtime value investor Bill Miller told CNBC on Tuesday he believes Bitcoin is firmly entering into the mainstream, contending the cryptocurrency’s rally in recent months is significantly different from its 2017 ascension and subsequent plunge.

“I don’t think this is a bubble at all in Bitcoin, I think this is the beginning of the mainstreaming of it … I think it’s like digital gold.”

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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:

“I don’t think this is a bubble at all in #Bitcoin, I think this is the beginning of the mainstreaming of it … I think it’s like digital gold,” says legendary investor Bill Miller

pic.twitter.com/IWc3vgEzmR

— Bloqport (@Bloqport) April 21, 2021

This revisit of lower price has created incredibly strong price validation for Bitcoin about $1T cap. 14% of the supply last moved above $1T cap.

This is a key line in the sand imprinted into BTC’s price discovery, an area of immense support. pic.twitter.com/NxLKbXTYAC

— Willy Woo (@woonomic) April 20, 2021

PlanB: Bitcoin Bull Market Untouched and in Full Swing

https://cointelegraph.com/news/new-bitcoin-price-concerns-from-jpmorgan-at-odds-with-immense-support-at-52k

https://www.cnbc.com/2021/04/20/bitcoin-is-not-a-bubble-its-at-start-of-going-mainstream-bill-miller.html

MACRO GURU RAOUL PAL FIGHTING THE URGE TO SELL ALL HIS BITCOIN FOR ETHEREUM – HERE’S WHY!!

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Macro guru and Bitcoin bull Raoul Pal says he’s battling the urge to sell off all of his BTC in order to buy more Ethereum (ETH).

“The ETH space is growing at 100% YOY (vs 50% YOY for BTC) and it is attracting a massive proportion of the developer talent and applications too.

At this point in the risk cycle and with ETH 2.0 coming (cheaper fees and less supply), I’m struggling to not sell all my BTC to move my entire core position to ETH. To be clear – I’m a massive BTC bull, but I think ETH is the better asset allocation for performance right now.”

In other trending Bitcoin News today:

The state of Louisiana just thanked Satoshi Nakamoto for their contribution to “economic security” in a latest resolution signed yesterday.

“To commend Bitcoin for its success in becoming the first decentralized trillion dollar asset and to encourage the state and local governments to consider ways that could help them benefit from the increased use of this new technology.”

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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:

To be brutally honest, I stare at the chart of ETH/BTC and I see an enormous rounded bottom with potentially huge breakout just above…. pic.twitter.com/85hfawq0bx

— Raoul Pal (@RaoulGMI) April 21, 2021

New Crypto Asset Surges 40,000% in One Day As Meme Coin Tidal Wave Evolves

https://cointelegraph.com/news/planb-speculates-that-btc-price-fall-doesn-t-mean-the-end

https://cointelegraph.com/news/governing-body-of-louisiana-gives-bitcoin-its-nod-of-approval

https://cointelegraph.com/news/bitcoin-funding-rate-flips-negative-after-48k-retest-was-it-a-bear-trap

Tim Draper Says 0K Bitcoin Price Forecast 'Still' On Track! | Bullish BTC Signal Flashes Again

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Bitcoin price topped $10,000 in February before dropping below $4,000 last month as investors and the financial markets reacted to the coronavirus pandemic.

Despite the plunge and ongoing macro economic turmoil, billionaire investor Tim Draper remains bullish on the BTC price.

In an interview with Chinese news outlet Bitpush, Draper, who runs venture capital firm Draper Fisher Jurvetson, warns that prolonged isolation due to widespread lockdowns threatens to aggravate the disease-induced financial crisis.

He also shares his thoughts on the projected V-shaped economic recovery, which would see the United States making a quick rebound from its current slump.

“If the government continues to keep people isolated at home for another two weeks, the economic V-shaped trend that everyone discusses will not happen, and the recession may be worse than the virus at that time.”

For investors navigating the volatile equities markets, Draper believes it’s not the best time to buy US stocks.

But that’s not his position on Bitcoin (BTC). The billionaire says he stands behind his long-standing prediction that the king coin is on track to reach $250,000 by 2022 or early 2023, despite the black swan pandemic that crashed the markets.

While crypto users anticipate the Bitcoin halving in May to limit the supply of new BTC and drive a bull run, Draper says the event is just half of the story.

“If the US dollar depreciates because of large-scale printing of money in the United States, and people know that gold is no longer worth buying, then Bitcoin is a safe haven.”

The crypto investor likewise sees a silver lining in the current situation.

During a bull market, Draper argues, people are not typically open to change, but the current pandemic is driving a shift in habits, as people look for better, cheaper and faster alternatives in banking, healthcare and other industries.

He believes the crisis could trigger the adoption of new technologies such as blockchain, smart contracts and Bitcoin.

“Once people realize that the government is saving the market by devaluing fiat currencies, they will begin to accept the use of Bitcoin. People will realize that Bitcoin is more open, transparent, smoother, more valuable and more replaceable than the US dollar, peso, naira or drachma.”

Last Time This Signal Flashed, Crypto Rallied By 50%.

It’s Back Again According to a Bloomberg report published April 3rd, Bitcoin recently pushed above a key technical resistance, allowing the DVAN Buying and Selling Pressure Gauge to print a “positive divergence and a buy signal.”

To add to this, Bloomberg noted earlier this week that the “GTI Vera Convergence Divergence Indicator, which measures up and down shifts,” suggests the Bloomberg Galaxy Crypto Index — comprised of Bitcoin, Ethereum, Litecoin, Bitcoin Cash, XRP, and EOS — “flashed its first buy signal in over three months.”

Both indicators flashing buy signals preceded the 50% rally seen in the price of Bitcoin and most other cryptocurrencies that transpired from mid-December to February.

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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:

Last Time This Signal Flashed, Crypto Rallied By 50%. It’s Back Again

Bitcoin Price Forming a Bull Cross; Now Targeting ,700 | BTC Starts Strongest Quarter Q2

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Following a brief selloff that led the Bitcoin price down to lows of $5,800 overnight, BTC has been able to post a strong and sustainable rebound that has since led it to climb towards $6,500, with bulls currently attempting to reclaim its previous position within the upper-$6,000 region.

It now appears that bulls are in the process of attempting to form an EMA bull cross, which could bolster its price action in the hours ahead.

Furthermore, bulls are also attempting to surmount a key resistance level that was recently established, leading one analyst to note that a weekly close above this level could lead the BTC price to rally up towards $7,700.

As for what could push Bitcoin above this resistance, Big Cheds – a popular cryptocurrency analyst on Twitter – explained in a recent tweet that he believes it is flexing a “potential 8/34 EMA bull cross” on its 4-hour chart.

“Bitcoin 4 hour -Flexing a potential 8/34 EMA bull cross,” he noted while pointing to the chart seen below.

This formation could significantly bolster the crypto’s near-term price action if it is confirmed in the coming several hours.

As for how high a confirmed break of the current resistance that Bitcoin is facing could send it, one analyst is noting that he is eyeing a movement up towards $7,700.

Teddy, another popular cryptocurrency analyst on Twitter, recently shared a chart showing two potential paths for the crypto, noting that it is currently in the process of taking the bullish route.

“Looks like BTC picked the green way,” he said while pointing to the below chart.

The upside target seen on the chart he references exists at roughly $7,700, which would mark a notable climb from where BTC is currently trading at.

Bitcoin Starts Strongest Quarter Q2 With Price Down Just 10% YTD

Bitcoin (BTC) has in total suffered just 10% from the coronavirus outbreak which obliterated stocks and caused the United States to print $6 trillion.

That was according to the latest quarterly price data from monitoring resource Skew.com on March 31, which showed that for Q1 2020, BTC/USD is only down by around 10.7%. 

At press time, the pair remained higher after seeking new support at $6,500 on Monday. 

At those levels, the pair is just $700 lower than its position at the start of 2020, and $3,800 beneath its current year-to-date all-time high of around $10,300. 

Bitcoin has advanced 75% in the two weeks since hitting its quarterly low — in a volatile period, that recovery at one point reached 90% as markets peaked at over $7,000 on some exchanges.

As such, Bitcoin now looks increasingly resilient as an investment option versus traditional markets, which are still trailing much more as a result of coronavirus.

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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-starts-strongest-quarter-q2-with-price-down-just-10-ytd

https://cointelegraph.com/news/bitcoin-stocks-rise-as-us-economy-grinds-to-a-halt-furloughs-soar