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BITCOIN CHARGING TO $120K, SAYS VETERAN TRADER!! BTC CAN HIT $92K IN APRIL TO MATCH BULL RUN PEAKS!!

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Bitcoin (BTC) can surge to $92,000 in the next two weeks and still “only” be matching its past performance, new data claims.

In a tweet on Wednesday, PlanB, the analyst behind the stock-to-flow family of Bitcoin price models, noted that despite this week’s gains, BTC/USD still has plenty of energy in it.

“I calculated BTC price needed for RSI 95 at April close: $92K. Let’s see what the Coinbase IPO will do today.”

In other trending Bitcoin News today:

Bitcoin Charging to $120,000, Says Veteran Trader Tone Vays – Here’s When

Veteran trader and crypto analyst Tone Vays says that Bitcoin (BTC) is headed towards $120,000 and reveals when he thinks the flagship cryptocurrency can get there.

In a new video, Vays tells his 105,000 YouTube subscribers why he thinks Bitcoin is close to hitting his bullish near-term price target of around $80,000.

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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:

Bitcoin Charging to $120,000, Says Veteran Trader Tone Vays – Here’s When

https://cointelegraph.com/news/bitcoin-can-hit-92k-in-april-and-still-not-match-bull-run-rsi-peaks-analyst

https://cointelegraph.com/news/ether-price-flirts-with-2-400-ath-as-irreversible-hard-fork-looms

https://cointelegraph.com/news/bitcoin-futures-open-interest-soars-to-new-heights-ahead-of-coinbase-listing

MAX KEISER REAFFRIMS HIS 0K BITCOIN (BTC) PREDICTION; ETH, BSV, BCH, AND DEFI SCAMS GO TO ZERO!!

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In a recent interview with Cointelegrpah, Max Keiser, host of the Keiser Report reaffirms his $400K Bitcoin price prediction while ETH, BSV, BCH, and DeFi scams go to Zero.

Max sees the BTC price climbing to $28,000 in the short term before seeing any major pullback and goes on to share that his $100,000 Bitcoin price prediction he made back in 2011 is still currently in play.

He recently increased his $100,000 Bitcoin prediction to $400,000 because he’s completely confident in that BTC will compete with gold.

In other trending Bitcoin News today:

$100,000 Bitcoin Prediction From Three Arrows Capital CEO Goes Viral As BTC Holds Above $10,000

A Bitcoin prediction from the CEO of the fund management firm Three Arrows Capital is going viral.

In a post on Friday, Su Zhu initially predicted that he expected Bitcoin to pull back to below $9,000.

“Reality is that markets frequently retrace one third or more in bull markets after local euphoria. BTC $8,800 and ETH $320 are perfectly healthy targets and your trading plan needs to incorporate nonzero probabilities to such levels.”

But the top cryptocurrency appears to be defying Zhu’s expectations as it continues to hold steady above support of $10,000.

According to the executive, Bitcoin’s resilience is a sign that the top cryptocurrency will reach monumental heights.

“ETH $320 as a bottom made sense and played out; BTC I am actually flabbergasted by the strength shown at $10,000 and probably means $100,000 is more likely than $5,000 at this stage.”

In addition to Bitcoin, Zhu is closely monitoring the action in the decentralized finance (DeFi) space.

He says there’s much to be learned from the craze and its various exit scams and scandals.

Zhu believes that while there’s a lot that can be improved in DeFi, the nascent sector has the potential to rise up and compete with the more established centralized finance (CeFi) markets.

In other trending Cryptocurrency news:

Top Strategist Outlines Path Ahead for Bitcoin, Ethereum, and XRP After Major Market Correction

“Bitcoin – finally, liquidity at the lows taken. Reclaim of $10,000 would mean a S/R flip and a very probable chance we’ll look for liquidity above the range highs.

That would suit a bounce towards $10,750-10,900 and majority of the markets bounce 25-40%.”

As for Ethereum, Van de Poppe still believes in the coin’s long-term bullish potential even amid the heavy correction.

“ETH is one of the coins you’d want to hold for the coming years. The lower, the better.”

Although the trader remains optimistic that ETH will eventually regain its bullish tone, he’s not eliminating the possibility that the second-largest cryptocurrency can go below $300.

“What is the level to hold for Ethereum? Clearly, it is the $245 area. If we get into this zone, that might be the long opportunity of a lifetime, if we get anywhere close to the weekly level around $245.”

Should Ethereum hit support at $245, Van de Poppe says the pullback could set up the coin for a major rally to $800.

Meanwhile, van de Poppe is looking forward to buying the dip in XRP. The fourth-largest cryptocurrency has hit his first buy target at $0.2458 in the midst of a retracement, and Van de Poppe is eyeing support at $0.21245.

“XRP Takes ages, but we’ll get there.”

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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:

One of the massive levels of $ETH is coming up.If you want to catch a long, that’s one of those zones.

First bounce area towards the $400 zone.$ETH is one of the coins you’d want to hold for the coming years.

The lower, the better. pic.twitter.com/sm1iPgbGYi

— Crypto Michaël (@CryptoMichNL) September 5, 2020

https://dailyhodl.com/2020/09/06/top-strategist-outlines-path-ahead-for-bitcoin-ethereum-and-xrp-after-major-market-correction/

Bitcoin Price Could Shoot Towards ,000 in 2020 | How Can You Not Be Bullish On BTC?

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One fractal analysis, predicts that Bitcoin price ongoing consolidation will resolve to the upside in an explosive fashion.

The catch: the BTC breakout will come at the end of 2020 – over five months away.

On March 12th and 13th, the Bitcoin market broke down. As many investors likely remember, in the span of approximately 24 hours, the cryptocurrency market fell by around 50%.

Bitcoin then plunged from the $7,000s to $3,700. Few expected the market to recover at the time.

There were some, however, trying their best to stay optimistic.

The CIO of Altana Digital Currency Fund, Alistair Milne, shared the chart below in the day after the crash, attaching the comment:

“So, if you take the fractal after the Aug 2015 meltdown due to exchange dysfunction (and major trendline break) … and place it on the end of Friday’s meltdown, you get this …”

The chart, which showed Bitcoin could follow the path it took after 2015’s crash, implied that BTC would recover to $10,000 by June.

And that it did, with Bitcoin spiking above $10,000 at the start of June.

This same fractal now predicts that after two more months of consolidation, Bitcoin will hit $18,000 by the end of 2020.

As Milne explained in a recent update about the fractal:

“Would you accept another ~2 months of no volatility if it meant we go directly to $18k within 4 weeks of a breakout?”

Milne isn’t the first individual to have suggested that Bitcoin’s ongoing consolidation will resolve higher.

Mike McGlone – the senior commodity analyst at Bloomberg Intelligence — recently wrote the following on Twitter:

“Volatility should continue declining as Bitcoin extends its transition to the crypto equivalent of gold from a highly speculative asset, yet we expect recent compression to be resolved via higher prices.”

So, if you take the fractal after the Aug 2015 meltdown due to exchange dysfunction (and major trendline break) … and place it on the end of Friday’s meltdown, you get this …

The sentiment McGlone shared is in line with the sentiment he shared in previous analyses. In editions of Bloomberg’s “Crypto Outlook” released over recent months, the Wall Street analyst has outlined a perfect storm of reasons indicating that Bitcoin will move higher.

Some of those reasons are as follows:

* The BTC block reward halving that came in May

* The increasing investment in the Bitcoin market by users of the CME and clients of Grayscale

* Bitcoin’s growing correlation with the gold market

* And more.

In other trending Bitcoin News today:

HOW CAN YOU NOT BE BULLISH ON BITCOIN? ANALYST ASKS DUE TO NEW DATA

Despite volatile price action, a majority of Bitcoin in circulation remains inactive. 

According to data from Glassnode, a blockchain analytics firm, the percentage of coins not moved has reached 62% — an all-time high.

This comes in spite of the fact that 77% of the Bitcoin supply was accumulated at a price lower than current.

That’s to say, 77% of all BTC can currently be sold for profit. To Rafael Schultze-Kraft, the CTO of Glassnode, the confluence of high profitability amongst investors and increasing levels of holding is bullish.

“BTC supply not moved in over a year: 62%. BTC supply in a state of profit: 77%. Read: Many investors could be profitably cashing out, but instead choose to hodl. How can you not be bullish on Bitcoin.”

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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:

How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data

#Bitcoin Blahs? Benchmark #Crypto Looked Similar Before Past Gains —
Volatility should continue declining as Bitcoin extends its transition to the crypto equivalent of gold from a highly speculative asset, yet we expect recent compression to be resolved via higher prices. pic.twitter.com/XbIMv5AYAf

— Mike McGlone (@mikemcglone11) July 2, 2020

Would you accept another ~2 months of no volatility if it meant we go directly to $18k within 4 weeks of a breakout?

Check what happened in early 2016… https://t.co/BH18zB9eOb

— Alistair Milne (@alistairmilne) July 14, 2020

This 2016 Bear Market Fractal Shows Bitcoin Could Shoot Towards $20k in 2020

https://cryptopotato.com/bullish-bitcoin-price-post-halving-patterns-start-repeating/

Bitcoin Price Could Hit 0,000: Trading Legend Peter Brandt Explains How | Major BTC Rally Ahead

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Peter Brandt’s latest analysis shows that the Bitcoin price could surge to a whopping $100,000 during its next parabolic run, but there is a couple of ifs.

In his recent video entitled “$100,000 ahead… but when and how?”, veteran chartist Peter Brandt explains how the BTC price could eventually end up in the six-digit territory. Brandt offers two interpretations that are based on his bullish view of Bitcoin (BTC). “I believe in the long-term narrative of Bitcoin and that Bitcoin is indeed going to $100,000 if not substantially more.”  

In other Crypto news today:

Bitcoin Could See Another Major Rally if History Repeats Itself….

Fractal analysis shows that the Bitcoin price could soon record another double-digit pump. If history is any guide, Bitcoin could be gearing up for another major price rally, which would be similar to the one that took place at the beginning of April.

Cryptocurrency trader Cantering Clark has noticed an “uncanny” fractal resemblance between the current chart and the December bottom in 2018, which was followed by a monstrous bull run in Q2 2019. 

He tweeted on Crypto Twitter,

“There is an uncanny resemblance between these two charts. It would make sense that after the first major move up, that the first major correction and following accumulation period would have a fractal resemblance to the larger original.”

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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:

There is an uncanny resemblance between these two charts.It would make sense that after the first major move up, that the first major correction and following accumulation period would have a fractal resemblance to the larger original.

The purpose is still the same.$BTC pic.twitter.com/eRQA9PRJSZ

— Cantering Clark (@CanteringClark) December 9, 2019

https://u.today/bitcoin-price-could-see-another-major-rally-if-history-repeats-itself

https://u.today/bitcoin-price-could-hit-100000-trading-legend-peter-brandt-explains-how

BITCOIN TANKS AFTER OIL’S COLOSSAL COLLAPSE, BUT THE BULL CASE REMAINS STRONG | BTC News Today

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#Bitcoin was in for a surprise plunge this Monday as investors assessed the situation in a worrisome oil market.

The #BTC price fell by 4.30 percent to circa $6,748 per token shortly after the US oil futures price slipped into negative territory for the first time.

The two assets remain non-correlated, but Bitcoin’s growing correspondence to the stock market amid the fast-spreading coronavirus pandemic might have led to the Bitcoin price decline.

The Dow Jones Industrial Average slipped 2.4 percent to 23650.44 on Monday, taking cues from the oil market.

The S&P 500 and Nasdaq Composite, too, plunged by 1.8 percent and 1 percent, respectively, showing that investors continued to seek safety away from risk-on assets.

TECHNICAL ADVANTAGE FOR BITCOIN BULLS

Bitcoin’s intraday fall did not stop its prices from holding its prevailing uptrend.

The cryptocurrency plunged right into what appears like its interim support before attempting a minor pullback heading into the Asian session Tuesday.

As shown in the Coinbase 1D chart above, bitcoin tested the upward sloping support trendline of the saffroned Ascending Channel.

The cryptocurrency bounced back weakly by 1.01 percent to hit an intraday high near $6,925, expressing its likelihood to consolidate further in the current resistance range defined by $6,800-lows and $7,500-highs.

Meanwhile, the price located converging support in the blue 50-daily moving average wave.

Bulls attempted to maintain bitcoin’s interim upside bias near these support levels, confirming that they still have a technical advantage against a dwindling macroeconomic outlook.

“People say bitcoin is wild,” commented Frank Chapporra, a former Nasdaq reporter. “Throughout this [coronavirus] crisis, we’ve seen spine-tingling equity volatility, Treasury yields hit record lows, oil prices fall below zero, unprecedented Fed printing and bond purchasing. Right now, bitcoin might be more stable than anything else.”

In other trending #BitcoinNews today:

Low Adoption Puts Bitcoin Price ‘Expectations’ at Risk – Peter Brandt

As prices stick around $7,000, Brandt appeared to get cold feet over the still marginal role that Bitcoin has in the corporate realm.

Bitcoin (BTC) may not be “living up to expectations,” one of its best-known supporters from the finance world has warned as prices stagnate.

In a Twitter discussion on April 20, Peter Brandt pointed to low corporate interaction as an indicator that Bitcoin was not having the revolutionary impact its supporters hoped for.

“I understand the bullish narrative for $BTC relative to the: Fables of the Feds and their Frivolous Fiats: The argument for the moon makes sense. My only question is whether Bitcoin is actually living up to its high expectations. This question does NOT make me a hater”

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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 understand the bullish narrative for $BTC relative to the: Fables of the Feds and their Frivolous FiatsThe argument for the moon makes sense

My only question is whether Bitcoin is actually living up to its high expectations. This question does NOT make me a hater

— Peter Brandt (@PeterLBrandt) April 20, 2020

https://cointelegraph.com/news/low-adoption-puts-bitcoin-price-expectations-at-risk-peter-brandt

5 CONVERGING FACTORS: BITCOIN RALLY IS JUST STARTING | Arthur Hayes Teases Elon Musk With 0K BTC

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Just seven weeks ago, Bitcoin (BTC) was trading down in the dumps, at $3,700 after one of the worst trading sessions in the cryptocurrency market ever.

In the wake of that move, there were many analysts calling for the crypto market to fall even lower than it had, but digital assets quickly rebounded across the board in a show of resilience.

Just around 50 days after the crash and the Bitcoin price is now trading at $9,200 — 150% higher than the $3,700 lows, a stellar performance that puts almost any other $100 billion+ asset to shame.

Although impressive, analysts are convinced that more upside is in the cards for the crypto market, citing a convergence of technical and fundamental factors boosting BTC’s outlook.

BITCOIN’S CHART IS OVERWHELMINGLY BULLISH

The past week has seen the crypto market explode after two weeks of accumulation.

The BTC price recently shot past $9,000, reaching a local high of $9,500.

This move past the ever-important $9,000 level, which acted as both psychological and technical resistance, is just the start of a greater bull run, analysts say.

One well-known trader corroborated this narrative, identifying five technical and fundamental reasons to be bullish on Bitcoin at the moment, despite the fears of a global recession and a downturn in the stock market:

  • Mex funding+premium index still negative
  • Above the yearly vwap
  • Above the 200 DMA
  • Bullish 1D cloud
  • Halving in 10 days
  • Asserting how strong the current bull trend is, the trader concluded by writing that while “you might not call and short THE top, you will save yourself a lot of potential headaches by just waiting for a break in the 1D market structure.”
  • While all the topics the trader mentioned suggest more upside is imminent, the Bitcoin halving is likely to act as the biggest catalyst for a bull run, analysts say.
  • May’s halving is expected to be certainly bullish for Bitcoin and the rest of the cryptocurrency market, with one prominent analyst suggesting that BTC will have a fair price of around $288,000 — over 3,000% higher than the current price — after the event.
  • In other trending Bitcoin News today:
  • Arthur Hayes Teases $420,000 Bitcoin As Elon Musk Asks Crypto Traders for Anime BTC
  • The CEO of the crypto derivatives exchange BitMEX is highlighting Bitcoin’s decentralization, teasing a massive Bitcoin price and taking a shot at Elon Musk – all in a single tweet.
  • On Friday, Arthur Hayes “announced” that he has secured enough funding to take Bitcoin off the public market once it hits the $420,000 mark.
  • The statement is a twist on Elon Musk’s infamous tweet about his plans to take Tesla private when it hits $420 a share.
  • That tweet landed Musk in hot water with the US Securities and Exchange Commission, which accused him of misleading investors.
  • Musk eventually settled with the SEC and paid a $40-million fine without admitting any wrongdoing.

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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:

$BTC-Mex funding+premium index still negative-Above the yearly vwap -Above the 200 DMA -Bullish 1D cloud-Halving in 10 days

You might not call and short THE top but you’ll save yourself a lot of potential headaches by just waiting for a break in 1D market structure.

— HornHairs 🌊 (@CryptoHornHairs) May 2, 2020

Chainalysis Says Bitcoin Price Stable for Now, but Future Uncertain | BTC Surges 10%

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Chainalysis posted their report for the Bitcoin market for March 2020.

According to the blockchain and crypto analytics firm, exchanges have experienced a huge inflow of BTC since March 9, receiving nearly 319,000 of the cryptocurrency on March 13 alone. 

However, between March 12-13, almost nine times the average daily amount of Bitcoin was sent to exchanges to be sold, causing the BTC price to plummet to $3,000s.

This represented Bitcoin’s biggest daily drop in the last seven years. Has the Bitcoin price stabilized for now?

Though the volume of crypto inflow remains high — twice the daily average — according to Chainalysis, the price of BTC appears to have stabilized for the moment. 

“The majority of excess bitcoin arriving at exchanges has been sold, and the worst of the oversupply appears to be finished for now.”

The firm offers some possible explanations for the price leveling out after such a tumultuous period. Though transfers between 10 and 1,000 BTC accounted for 70% of the flow of the cryptocurrency through exchanges, Chainalysis says the overall amount of BTC wasn’t enough to do lasting damage:

“The majority of available bitcoin was not cashed out, suggesting that most bitcoiners are happy to hold. At 712,000 more than average, the amount of bitcoin sent to exchanges in the last eight days is unprecedented. But this extra 712,000 represents just 5% of available bitcoin (all mined bitcoin minus all lost bitcoin).”

With retail businesses shutting down across the United States and more companies being forced to let their employees work from home, the future of all financial markets is uncertain.

International travel restrictions to combat the spread of the coronavirus continue to change on a daily basis, which has delayed or cancelled crypto events worldwide.

Despite this uncertainty, Chainalysis still plans to use traditional indicators to monitor Bitcoin:

“It’s hard to predict where the bitcoin market will go next. However, large increases in exchange inflows have proven to be a good indicator of increased volatility, so we recommend keeping an eye on the amount being transferred to exchanges. We also expect that professional traders will continue to drive events, as opposed to retail exchange users, simply because they are responsible for much larger volumes.”

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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:

The next key event is confirmation of BTC decoupling from traditional markets. Here’s a bunch of charts, many are bullish. I will note that I don’t expect a V-shaped bottom, I think there will be time, an accumulation range before moving up.

— Willy Woo (@woonomic) March 19, 2020

https://cointelegraph.com/news/chainalysis-says-bitcoin-price-stable-for-now-but-future-uncertain

https://cointelegraph.com/news/bitcoin-price-surges-10-to-56k-as-stocks-react-to-750b-eu-stimulus

0K BITCOIN PRICE IN COMING YEARS SAYS MAX KEISER TO ALEX JONES | It's Smart To Diversify Into BTC

➡️ OPM Wealth: http://opm.cryptonewsalerts.net

American radio star, host of Infowars, and far-right conspiracy theorist, Alex Jones, met with pro Bitcoin champion Max Keiser.

He admits, “You’re right, I should have gotten involved in Bitcoin a long time ago”.

ALEX JONES SAYS ‘IT’S SMART TO DIVERSIFY’ INTO BTC

In a must-see video discussion between Alex Jones and Max Keiser, the two men talk a lot about the Bitcoin price.

Jones says he likes how Bitcoin “brings diversity to the marketplace”.

He points to how BTC can never be shut down unlike money in an offshore bank account.

Keiser is visibly in his element. Jones explains to his listeners that he hadn’t previously endorsed Bitcoin (BTC) because he wasn’t completely sure.

He says he would never tell them to go out and buy something he wasn’t sure about.

However, on reflection, “it’s smart to diversify.” He then tells Keiser: “You’re right, I should have gotten involved in bitcoin a long time ago” – Alex Jones

Jones may have “missed out” on buying Bitcoin at $1, $100, and $1,000. But even at $10,000, he will still make a 40x return since Keiser says Bitcoin will be worth $400,000 in the coming years.

Jones notes that he likes how you can tailor your approach to buying Bitcoin.

He calls it a “completely legitimate” way of diversifying your wealth.

Keiser confirms that no one can confiscate your Bitcoin. He calls it “gold 2.0” and says that, unlike gold, you don’t need any third-party to verify that it is real – just the blockchain.

That must be what ruffled the feathers of Peter Schiff the most.

Signal That Preceded 10% Bitcoin Boom Appears Again, and It’s Big for Bulls | The BTC Price Is About to Roar Even Higher, Indicator Predicts

If you’ve spent any time at all perusing Crypto Twitter, you likely know of TD Sequential, which is a time-based indicator that tries to predict when an asset will see a certain trend or reversal of its ongoing trend.

The Sequential has done well in predicting Bitcoin’s trends. Extremely well.

So well, in fact, that the creator of the indicator remarked in an interview with Bloomberg that 13 candles (signals reversals) were seen when Bitcoin hit $20,000 in December 2017,  when BTC cratered to $3,150 in December 2018, and near the $14,000 top seen in June.

The indicator is now signaling that Bitcoin will see a reversal on a short-term time frame. Analyst Crypto Hamster remarked that the TD Sequential for the four-hour chart just printed a red 9, suggesting a recovery towards $10,000 and beyond.

Indeed, the prior 9 candle seen on the four-hour chart was a precursor to a 10% surge higher than brought the asset from $9,600 or so to $10,550 in a few days’ time.

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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:

Alex Jones just invited @maxkeiser and me on his show to debate Bitcoin. I accepted but Max refused the invitation. So I win by default. I would have preferred an active victory, but at least this way Max can’t scream and call me names!

— Peter Schiff (@PeterSchiff) February 17, 2020

Alex Jones has capitulated. After 10 years of watching the #Bitcoin bubble inflate, at $10,000 per coin he thinks now’s the time to urge his listeners to buy. This is how manias end. Greed overwhelms reason as people once too sensible to buy join the party just as it’s ending.

— Peter Schiff (@PeterSchiff) February 17, 2020

Back in 2011, when #Bitcoin  was $1, @KeiserReport told our global audience: ‘Bitcoin is the currency of resistance, the new, better Gold. It’s going to $100,000. It’s the best way to fight fiat-money, corrupt bankers. Everyone should buy Bitcoin’.pic.twitter.com/AfDdJgHdE7

— BITCOIN IS PEACE 🍊💊 (@realmaxkeiser) February 15, 2020

Signal That Preceded 10% Bitcoin Boom Appears Again, and It’s Big for Bulls

Alex Jones Finally Becomes a Bitcoin Believer

Elon Musk, Obama, and Kanye West Twitter Accounts Hacked By Bitcoin Thief | Chainlink Buyer Rampage

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Elon Musk, Jeff Bezos, Kanye West and Obama are among many victims after massive Twitter hack aims to dupe Bitcoin (BTC) holders out of their cryptocurrency.

Elon Musk’s Twitter account was apparently hijacked today following a series of attacks on cryptocurrency-related accounts, including major exchanges such as Binance, and U.S.-based Coinbase, and Gemini.

Other handles compromised included the @Bitcoin Twitter account. Musk’s account pinned a tweet to his feed at 4:17pm ET which suggested that the entrepreneur would double any Bitcoin sent to a wallet address.

Musk has, in the past, discussed cryptocurrencies on his Twitter feed, suggesting that he owns 0.25 Bitcoins.

Scammers have been known to use this technique to dupe Bitcoin owners into sending irreversible transactions to a digital wallet.

Bill Gates’ account was also targeted as the attack continued.

While the attackers initially concentrated on crypto-native accounts, they expanded to technology leaders including Jeff Bezos of Amazon, and then to celebrities like Kanye West.

After ten minutes, the wallet address that was posted on Musk’s account already contained 3.64 Bitcoins, worth $34,498 at the time of writing.

Prior to Musk’s account being hacked, the wallet had only received 0.6527 Bitcoins after being posted on the hacked accounts of numerous exchanges.

Numerous other accounts within the cryptocurrency space had already been accessed by the apparent hack, including the largest exchanges in the space.

Binance and Coinbase have 2.2 million Twitter followers between them, although Musk’s account is an order of magnitude larger, with 36.9 million followers.

While the original tweet was soon deleted, a new version popped up again within seconds, suggesting that the attack was ongoing.

In other trending Bitcoin News today:

Glassnode Says ChainLink Buyers on Rampage As Crypto Asset Bursts Into Top Ten by Market Cap

A new Glassnode Insights report says exchanges have witnessed a significant surge in LINK deposits over the last few weeks, suggesting that early investors were incentivized to unload their ChainLink holdings as the cryptocurrency soared in value.

“On July 4th, the number of LINK exchange deposits reached an ATH, with ~5000 individual deposits totaling nearly four million LINK (worth almost $19 million at the time)… Then, on July 13th, LINK exchange deposits spiked again (albeit less intensely than the previous spike).”

Despite the surge of ChainLink deposits to crypto exchanges, on-chain metrics show buyers are outmuscling sellers. Glassnode says exchange withdrawals skyrocketed to its second-highest level, indicating that those who recently bought LINK plan to HODL.

The considerable growth in addresses that hold non-zero LINK balance supports the idea that market participants are bullish on the crypto token.

The metric posted a new all-time high this month, suggesting the rising number of LINK HODLers.

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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:

Tough day for us at Twitter. We all feel terrible this happened.We’re diagnosing and will share everything we can when we have a more complete understanding of exactly what happened.

💙 to our teammates working hard to make this right.

— jack (@jack) July 16, 2020

Please speak up all you trolls that attacked me for telling you that $DIG was nothing but a huge scam. This chart will eventually describe 99% of all alt coins. But of course, your pet rock will not be one that flat lines pic.twitter.com/LI0EDDsNbf

— Peter Brandt (@PeterLBrandt) July 15, 2020

https://cointelegraph.com/news/elon-musk-twitter-account-apparently-hacked-by-bitcoin-thief

https://cointelegraph.com/news/who-owns-the-cryptoforhealth-domain-behind-the-twitter-hacks

https://www.bbc.com/news/technology-53425822

https://www.newsbtc.com/2020/07/16/bitcoin-bull-peter-brandt-99-of-altcoins-will-eventually-fall-towards-0/

4,300% ETHEREUM RALLY WITH ETH 2.0 LAUNCH?! | Bitcoin (BTC) Will Jump 15% to ,500 in Coming Weeks

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A popular crypto analyst says he expects the value of Ethereum, the world’s leading smart-contract blockchain, to skyrocket by over 4,300% from its current price of $225.

Bitcoin Macro gave his fearless forecast after being asked by one of his followers to provide his year-end prediction for the coin, saying ETH may climb to $10,000 in a new bull cycle.

Ethereum developers say they’re making strides behind the scenes. In a recent Ask Me Anything session on Reddit, developers working on ETH 2.0 say that they’re hoping to launch “phase 0” of Ethereum 2.0 by July 2020.

Researcher Danny Ryan writes,

“Phase 0 will certainly launch in 2020. Audits are out and testnets are getting stronger every week. I don’t see a reality in which Phase 0 does not launch in 2020.”

Ethereum 2.0 is the next major upgrade of the second-largest cryptocurrency.

It promises key improvements such as increased transaction throughput and the implementation of a proof-of-stake model that allows holders of ETH to earn rewards in return for powering the network.

In other BTC news today, new simple analysis says the Bitcoin price will jump 15% to $11,500 in coming weeks.

In the recent edition of the Decentrader newsletter, author and cryptocurrency trader Filb Filb drew attention to the $9,550 level for Bitcoin (BTC), which shows that this price point has always been an inflection point for the market.

More specifically, when the BTC price passed above $9,550, the leading crypto asset gained even more strength, and when prices failed to break this level, rallies quickly turned into bearish reversals.

With this in mind, he wrote that if Bitcoin can close the weekly candle above $9,550, which BTC is currently far above, it could “make its way to $11,500 quickly.” 

This would represent a 15% rally from current levels over the next few weeks.

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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:

Bitcoin Starts Vertical Rally To $11.5K and $12K: Uptrend Isn’t Over Yet

Here’s Why Bitcoin Price Could Explode 100% and Hit $20,000 by May

https://www.tradingview.com/chart/XBTUSD/Noakp7n5-Why-I-believe-Bitcoin-will-retest-All-Time-Highs-by-July-1-2020/