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CNBC Analyst Says Massive ,000 Bitcoin (BTC) Bull Run Officially Underway! | Ethereum Skyrockets!

By admin — 3 years ago

➡️ Tap into OPM (Other People’s Money): http://opm.cryptonewsalerts.net

CNBC’s Brian Kelly says he believes Bitcoin is ready to once again surprise the naysayers and begin a blistering parabolic bull run.

In a new interview on Fast Money, Kelly points to the recent BTC halving, which cut the rate of new supply entering the market in half, as a prime reason Bitcoin is set to outperform gold amid the shaky global economy.

“For me, it’s going to be Bitcoin. You might say I’m biased because I run a crypto fund, but that’s not it. I also trade macro, which means I have a whole bunch of different things I can invest in: currencies, stock, bonds, precious metals. And when I look at precious metals versus Bitcoin, Bitcoin has better fundamentals.

And with fundamentals, I’m talking about the stock-to-flow ratio. It’s better than gold at this point because we had the halving, and when I look at the Bitcoin cycles, the bull markets tend to cluster around the halvings.”

Kelly says he thinks Bitcoin is on track to return to its all-time high of $20,000 within six months, with $50,000 coming next year.

In the same time frame, he doubts gold will double in value.

“So we’re tracking right along the 2016 halving cycle and that would imply that sometime in Q2 2021, you’re looking at a Bitcoin price of $50,000. So that’s kind of the long-term target. And in the shorter term, $10,500 was a really big number.

We’re breaking out of a two-year range. It would not surprise me, this is just pure trading 101, once you break out of a range, [an asset] goes to prior highs. That’s $20,000. To me, I think that’s three to six months down the road. So Bitcoin looks like it could go two to five times higher.”

When pressed on why he’s overly bullish, with many sky-high Bitcoin predictions failing to materialize in the past, Kelly said he believes his forecast fits right in with Bitcoin’s prior price history.

“What we know about Bitcoin is it’s extremely volatile. It’s highly speculative, and when it goes on these speculative runs, it goes a lot further than people expect.

So I don’t think saying $20,000 is that outrageous when it’s already been there. You might question me on the $50,000, but that’s a year from now.”

In other trending Bitcoin News today:

Ethereum Rockets 50% in 5-Year Anniversary Month: What’s Behind the ETH Rally?

The Ethereum price has seen strong momentum in July. Since the start of the month, ETH has climbed by 50% from $225.5 to $340 on Coinbase.

It coincides with a five-year anniversary for the dominant smart contracts blockchain protocol.

There appear to be two key factors fueling the rally of ETH.

First, the anticipation of the market towards ETH 2.0 has been continuously building.

Second, the explosive growth of the decentralized finance (DeFi) market has upheld the momentum of Ethereum.

In mid-June, DeFi platform Compound essentially kickstarted the phenomenon called “yield farming.”

Ethereum users would flock to DeFi platforms providing the highest incentives, trying to obtain the highest yield possible.

Since then, several major DeFi platforms have emerged. According to Defipulse.com, Aave, Balancer, and Curve Finance have $482 million, $291 million, and $263 million locked in, respectively.

Consequently, the total value locked in the DeFi space has increased to $3.94 billion.

It is up by more than three-fold since the beginning of June.

The upward trajectory of the DeFi market could positively affect Ethereum for various reasons.

The most prominent factor is its usage as gas.

When users clog the Ethereum blockchain with many transactions, ETH is needed to pay transaction fees or “gas.”

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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:

$COMP appears to be in a great position for a potential turnaround, according to the real-time metrics we’re seeing on Sanbase PRO. Track the chart to see the bullish developments for:1. DAA2. Network growth3. Transaction volume

4. Social volumehttps://t.co/4EleYExoKL pic.twitter.com/ZXWesq0hNQ

— Santiment (@santimentfeed) July 30, 2020

https://cointelegraph.com/news/ether-rockets-50-in-5-year-anniversary-month-whats-behind-the-rally

CRYPTO ANALYST TONE VAYS SAYS 300% BITCOIN BREAKOUT TO K BTC LIKELY WITHIN SIX MONTHS!!

By admin — 3 years ago

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Veteran crypto strategist Tone Vays says the big Bitcoin breakout has more gas left in the tank.

In a new video, Vays explains why he believes the bullish rally that pushed BTC above resistance of $12,000 is not yet over.

“That is exactly what I’m kind of foreshadowing going into the future. We still have this triangle right here and we can still pull back into this triangle, but I do think that right now, there is still enough FOMO (fear of missing out) to get us higher into that high $13,000 range.”

As Bitcoin draws near its next resistance level at $14,000, the crypto analyst predicts that market participants will start to take profits.

“That breather could be horizontal consolidation or that breather could be a pullback all the way back down to $12,000 or even as low as $11,500.”

Although Vays sees a correction on the horizon, he is long-term bullish on the world’s most dominant cryptocurrency.

“[The] monthly view is going to be great. We’re going to close as the second-highest month ever and we got a shot at closing at the highest month ever if we can close at $14,000. That would be the highest monthly close ever, which would also be absolutely great.”

Vays also highlights his current personal sentiments on BTC.

“I’m pretty damn bullish right now. I don’t know if that’s stupid or not but I’m pretty damn bullish. I haven’t been this bullish since early 2017.”

As for his long-term BTC forecast, the veteran trader believes that Bitcoin is poised to ignite a massive rally within the next six months.

“Let’s be reasonable here. Let’s say we have a 300% move. That takes us to $50,000.”

However, Vays believes Bitcoin will suffer a massive devaluation after going as high as $50,000 before recovering and climbing above $100,000.

“I can see a 50% crash, which would take us to about $20,000 to $25,000. Let’s say we go back to $20,000 – the prior swing high… And then from there, I could see, this would be fast, I could see a slow grind back up to $50,000.

From this $50,000 area or let’s from that $40,000 area, we go up another 300% to 400%. This is something that’s realistic to me. That takes us to say $150,000 from there. How long would that take? Before the next halving.”

In other trending Bitcoin News today:

Nautilus Research: Bitcoin (BTC) Pattern Echoes Early Days of Prior Exponential Rallies

Bitcoin (BTC) is displaying patterns that have historically occurred before massive breakouts, potentially indicating the start of the next exponential bull run, says research agency Nautilus Research.

In a Twitter post, Nautilus Research suggests that Bitcoin is currently forming a pattern that has preceded the bull runs of 2012 and 2017.

“Bitcoin echoes of patterns ahead of previous major breakouts.”

According to the independent research boutique’s chart, Bitcoin has historically corrected at least 80% from boom cycle highs and then consolidated for over a year before launching the ensuing bull market.

If history is any indicator, Bitcoin may soon ignite a parabolic rally that could send the most dominant cryptocurrency well above $100,000.

“Investors piled into Bitcoin this week and this rally spilled over to other crypto assets. At the same time, investors are sticking to high-quality names primarily, as we’re seeing the most strength coming out of the large caps.

Bitcoin is the go-to asset for traditional investors looking to diversify their holdings into cryptocurrency. As such, any time we see Bitcoin take the lead, we can be certain that new money is entering the space. This is a prerequisite for any sustainable crypto bull run.”

🔥 [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:

https://dailyhodl.com/2020/10/26/crypto-analyst-tone-vays-says-bitcoin-btc-breakout-not-over-yet-predicts-timeline-for-300-rally/

https://cointelegraph.com/news/highest-weekly-close-since-early-2018-5-bitcoin-price-tips-this-week

BITCOIN ONLY IN ‘HALFWAY INTERMISSION’ ON TRACK TO GO ABOVE $300K THIS BTC BULL CYCLE SAYS ANALYST!!

By admin — 3 years ago

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Prominent on-chain data analyst Willy Woo says that Bitcoin is currently resting at a “halfway intermission” before it blasts off into potential gains of as high as 733%.

According to his BTC price models, Woo says he’s got his eye on the $300,000 level but is ready for an overshoot well past $400,000 per Bitcoin.

“The longer this bull market runs the higher the target goes, and right now it’s so fast… Right now it’s on track to go above $300,000.”

In other trending Bitcoin News today:

Trader Who Predicted Bitcoin Crash Says Epic Bounce to $70,000 Imminent

The trader who nailed Bitcoin’s violent collapse from above $60,000 to the lows of $50,000 is now predicting that the leading crypto asset will ignite an epic bounce and restart its bull market.

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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:

#marketupdate, breaking it down, post mortem.

We just saw the single largest 1-day drop in mining hash rate since Nov 2017. The hash rate on the network essentially halved, causing mayhem in BTC price as it crashed. pic.twitter.com/zzdgDikjXt

— Willy Woo (@woonomic) April 18, 2021

Trader Who Predicted Bitcoin Crash Says Epic Bounce to $70,000 Imminent

https://cointelegraph.com/news/china-endorses-btc-investment-5-things-to-watch-in-bitcoin-this-week

K BITCOIN PRICE VERTICAL ASCENT IN COMING MONTHS WILL IGNITE MANIC PHASE TO CATAPULT BTC TO 5K

By admin — 3 years ago

➡️ Tap into OPM (Other People’s Money): http://opm.cryptonewsalerts.net

A cryptocurrency trader who accurately predicted last year’s Bitcoin crash has updated his BTC price roadmap.

The pseudonymous crypto strategist known as ‘Dave the Wave’ says Bitcoin has already resolved the large symmetrical triangle that has kept the market bearish for over two years.

He now expects the Bitcoin price to launch a vertical ascent to $24,000 in the coming months.

Based on Dave’s chart, Bitcoin will likely continue trading inside another triangle until the second quarter of 2021.

The breakout from this pattern could ignite a manic phase that would catapult BTC to $115,000.

He also says one altcoin that was hammered during the brutal bear market has massive upside potential.

Dave the Wave tells his 34,000 Twitter followers that South Korean blockchain interoperability protocol ICON (ICX) may be gearing up for a parabolic breakout after languishing in bear territory for over two years.

During that period, ICX wiped out 99% of its value as the coin nosedived from its all-time high of $12.64 to a bear market low of $0.106937, according to CoinMarketCap.

According to Dave, the huge devaluation puts ICX in a position to surge to $102.56 and post astronomical gains of 22,947% in the next bull cycle.

In other trending Bitcoin News today:

MicroStrategy Purchases $250,000,000 in Bitcoin, Says Top Crypto Can Maximize Long-Term Value for Shareholders

MicroStrategy has adopted Bitcoin (BTC) as its reserve currency — and stunned commentators by purchasing over 21,000 BTC on Aug. 11.

The world’s largest publicly-traded business intelligence company has swapped fiat for Bitcoin as its treasury reserve asset, but the reasons behind it suggest that more big businesses will have no choice but to do the same.

Why did MicroStrategy choose Bitcoin, and will others follow?

In a press release issued on Aug. 11, CEO Michael Saylor went further than most by calling Bitcoin “digital gold.” With no “ifs” or “buts,” Saylor unreservedly plugged the largest cryptocurrency over both fiat and other traditional safe-haven assets such as gold.

“Bitcoin is digital gold – harder, stronger, faster, and smarter than any money that has preceded it,” he commented.

That angle closely mimics some of Bitcoin’s foremost proponents, notably Saifedean Ammous, who in his book, “The Bitcoin Standard,” repeatedly explains that so-called “digital scarcity” puts Bitcoin in a separate league to any other form of money which has ever existed.

Like Ammous, Saylor also believes that Bitcoin’s very structure will ensure that its value will only increase with time.

He added: “We expect its value to accrete with advances in technology, expanding adoption, and the network effect that has fueled the rise of so many category killers in the modern era.”

Bitcoiners were particularly excited about MicroStrategy because it unashamedly replaced fiat currency for cryptocurrency.

Its purchase of 21,454 BTC for an aggregate price of $250 million late last month may not only be symbolic (given the total 21M BTC) but it also means that the company controls 0.1% of the total Bitcoin supply — something competitors will find increasingly expensive to replicate.

“MicroStrategy bought 0.1% of the Bitcoin supply. Very few companies will be able to copy this strategy,” What Bitcoin Did podcast host Peter McCormack tweeted in response.

🔥 [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:

https://cointelegraph.com/news/3-reasons-why-microstrategy-adopted-bitcoin-and-why-others-will-too

BITCOIN RALLIED 4,000% AFTER THIS SIGNAL FLASHED IN 2016 | Max Keiser On How He Bought BTC For BITCOIN RALLIED 4,000% AFTER THIS SIGNAL FLASHED IN 2016 | Max Keiser On How He Bought BTC For $1

By admin — 3 years ago

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A BITCOIN BULL SIGNAL JUST APPEARED!

As first spotted by a prominent BTC commentator, the Hash Ribbons have just crossed bullish and printed a “buy” for the first time in a number of months.

The Hash Ribbons are an indicator that uses a short-term moving average and a long-term moving average of the hash rate. When the short-term moving average crosses above the long-term moving average, it’s seen as a bullish sign.

And when the opposite takes happen, it’s bearish.

The “buy” signal appearing per the Hash Ribbons is extremely notable for Bitcoin bulls.

As the chart below indicates, when the signal formed in 2016, Bitcoin proceeded to rally by over 4,000% in the year and a half that followed.

This has been further corroborated by digital asset investor and analyst Charles Edwards, who noted that each occurrence of the signal has preceded strong rallies in Bitcoin.

The bullish crossover and “buy” signal comes as the crypto mining industry has signaled that it is more healthy than ever.

Cryptocurrency data provider TradeBlock reported last week that the Bitcoin hash rate (seven-day moving average) has hit a new all-time high above 124 exahashes per second.

Bitcoin’s network difficulty will follow suit, according to analyst “PlanB”:

“Despite death spiral FUD, miner capitulation FUD, future manipulation FUD, corona, PlusToken FUD, Tether FUD, whales selling FUD etc… BTC just had its third-best quarterly close ever ($9.1K) and is heading for difficulty ATH Monday (17E12).”

This is bullish for the Bitcoin price, according to Edwards.

Edwards published a price model in December 2019 revealing that the energy consumption levels of the Bitcoin network correspond with price action.

His latest so-called “energy value” analysis implies a rally to $12,800 will take place in the months ahead.

In other trending Bitcoin News today:

Max Keiser On How He Bought BTC For $1 In 2011 And Why Bitcoin Is Like The Mona Lisa

CryptoPotato recently had the chance to interview Bitcoin Pioneer Max Keiser, where he said that his first Bitcoin purchase was in 2011 and compared the asset to one of the most famous artworks in the world – The Mona Lisa.

Talking about the current US and global economic situation, and more specifically, COVID-19’s role in it, Keiser said that the virus is “nature fighting back against the virus of humans.”

He used the personification of the Earth from the Greek Mythology – Gaia – to add to his point, but concluded that he doesn’t “think ultimately she’ll win against the human virus.”

“Like Venezuela, Zimbabwe, and Iran, NASDAQ is higher as confidence in the USD collapses. Safe haven money is seeking shelter in stocks, gold, and Bitcoin.”

Keiser said that he heard about Bitcoin in 2011 and started accumulating at $1 at the time.

Keiser noted that BTC’s digital scarcity attracted him the most, as he “invented digital scarcity and commercial prediction markets in 1996.

BTC does what my patent does, but with incredible elegance. It’s the Mona Lisa of money. It’s self-aware, it’s observing us, and it’s channeling God.”

In another recent interview, Keiser asserted that only “gold, silver, and Bitcoin can save you now,” referring to the current events in which world governments are printing a lot of fiat to ease the pain from the COVID-19 pandemic.

Now, he doubled-down on his views, saying that “Bitcoin is a safe-haven asset that will rocket higher as fiat money collapses.”

🔥 [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:

Yes. I do think the Altcoin party will end very soon.I’m not looking for new trades– Dominance weekly support– BTC ranges for 70+ days– BTC volatility at lows only seen 4 times since 2017. These lows where followed up by 50-250% BTC moves.

– Q3 has been bearish historically pic.twitter.com/zk1z0AENVZ

— CryptoAmsterdam (@damskotrades) July 10, 2020

Bitcoin’s Rallied 4,000% After This Signal Flashed in 2016. It’s Back Again

https://cryptopotato.com/max-keiser-on-how-he-bought-btc-for-1-in-2011-and-why-bitcoin-is-like-the-mona-lisa-exclusive-interview/

BITCOIN PARABOLIC BULL RUN TO ,000+ WILL BEGIN VERY SHORTLY | 0K BTC Predictions Way Off Base?

By admin — 3 years ago

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

Since Bitcoin (BTC) traders got a taste of parabolic price action in early-2019, during which the Bitcoin price surged from the low-$3,000s to $14,000 in a few weeks’ time, they have been craving more and more and more.

The cryptocurrency’s ability to surge by hundreds of percent in a few months’ time – gains absolutely astronomical when compared to that of stocks, precious metals, and other traditional asset classes – was something many fell in love with.

Fortunately for these investors, a prominent analyst recently suggested that should this key indicator prove to be accurate yet again, the BTC price is on the verge of starting yet another parabolic rally.

While the jury is still out on where exactly the next bull run will take BTC, the consensus is a fresh all-time high of at least $50,000, proven by a crazy accurate price model made by an institutional quantitative analyst and shilled by a bonafide German bank.

According to prominent trader Bitcoin Jack, former head analyst at trading group Bravado, Bitcoin is showing signs that 2020 will “cement the foundation for the next parabolic run.”

As to why this is the case, the analyst looked to BTC’s one-week Ichimoku Cloud, which should show what long-term trends are forming and what key price points there are to watch out for.

The start of the two previous macro bull trends in 2012 and 2016 saw the indicator print a “thin red cloud,” which some would classically define as bearish but turned out to be extremely bullish for Bitcoin. In fact, in 2012, BTC immediately began to rally higher once the thin red cloud was reached, and Bitcoin rallied by nearly 100% in the five weeks after the thin red cloud was reached in 2016.

Top Cryptocurrency Analysts Say $100,000 Bitcoin Predictions Way Off Base – Here’s Where They Think BTC Will Land

Two leading Crypto analysts say they believe Bitcoin is in a new bull market cycle, but predictions that BTC is poised to soar to $100,000 are far too bullish.

In a recent episode of Trading Bitcoin, Tone Vays and the pseudonymous trader Filbfilb debate the current state of the crypto market and where it may head in the months to come.

Says Filbfilb,

“I think we’re going to struggle to get past $60k. I think $60k is going to be a really, really troublesome level to get across. I’ll certainly be looking to book in some serious profits at that point. I think you said it right in Fiji. I think you said the return you get off of these long-term positions versus the risk of you getting it wrong is a terrible trade. So trying to go higher than $60k I think would be a little bit foolish at this point. But certainly around $50k, $60k would be sensible.”

Vays says he’s looking for BTC to top out at a slightly lower price of around $45,000.

Although the traders say hype around Bitcoin’s halving is fueling price action in early 2020, they say rising trading volumes and an increasing number of outstanding derivative contracts are key metrics to watch in order to gauge real long-term interest in the space.

🔥 [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:

I think we will be above 14K by July

— //Bitcoin 𝕵ack (@BTC_JackSparrow) February 21, 2020

The model appears to model the bubbles ánd bear markets fairly well. It confirms a certain inertia of price reaction, so a lag ánd overshoot. Model would predict: Price will catch up with S2F ratio a year after the halving. And overshoot by ~ 2x. (3/3) h/t Tom! pic.twitter.com/kWecmWgH5e

— GeertJancap (@Geertjancap) January 15, 2020

https://bitcoinexchangeguide.com/heres-how-bitcoin-could-see-a-4826-increase-in-value/

https://www.newsbtc.com/2020/02/21/crucial-indicator-bitcoin-parabolic-bull-run-50000-begins-2020/

Bitcoin (BTC) Price Could Surge 1,300% in 24 Months | 3 Hot Altcoins Leading The Crypto Market

By admin — 3 years ago

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Top investor explains why the Bitcoin (BTC) price could surge 1,300% in the next 24 months.

For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months.

Mark Dow, a hedge fund manager that shorted BTC when it traded at $19,000 in December 2017, recently claimed that the cryptocurrency will “die a grinding death, punctuated by spoofs and FOMO spasms of decreasing frequency and intensity.”

Though, some bulls are sticking to their guns. One such bull is Anthony Pompliano, a co-founder and managing partner of crypto venture fund Morgan Creek Capital.

In a recent interview, the long-time investor and tech entrepreneur remarked that he still believes that the Bitcoin price will hit $100,000 by December 2021, just over two years away:

“We will see Bitcoin’s price at $100,000 by December 2021.”

The reason: In less than six months’ time, BTC will see an extremely important event. Known as a “halving” or “halvening,” the number of coins issued per block to miners will get cut in half, effectively meaning that Bitcoin’s inflation rate will be cut in half in layman’s terms.

In other Crypto news today:

3 hot Altcoins lead the market while Bitcoin (BTC) is prepping for its next block reward halving.

While open internet on the CME BTC futures has dropped to 6 month low, Bakkt’s has been reaching to a new high. In the meantime, we are less than 5 months away from the Bitcoin halving with prominent analyst Willy Woo saying, “Prep for halvening front running here on in.”

🔥 [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:

Bank of America believes the Federal Reserve may have to resort back to quantitative easing as early as Q4 this year.Step 1 was cutting interest rates.Step 2 is printing money.Step 3 will be the Bitcoin halving.

You can’t write a better script for the rise of Bitcoin 🔥

— Pomp 🌪 (@APompliano) August 7, 2019

https://en.ethereumworldnews.com/bitcoin-btc-price-could-surge-1300-in-24-months-top-investor-explains-why/

BITCOIN WILL SOON HAVE A 0,000 PRICE TAG: ADAM BACK | BTC Price Is About to Go Parabolic!

By admin — 3 years ago

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The Bitcoin price is not so far from reaching a $100,000 valuation, recalled Adam Back, founder of Blockstream.

The BTC price broke $10,000 when it was not even expected to move above $1,000.

Bitcoin (BTC) went on to revisit the $10,000 level with ease a few times.

Over the years, the bitcoin price reached a peak near $20,000, reached within just weeks from lows around $3,500.

Adam Back recently shared the following Tweets on Crypto Twitter:

“It’s closer than it sounds as along the path of hyperbitcoinization, the USD inflation rises, eg aided by Modern Monetary Theory rationale for high inflation, so $1 becomes worth say 10c over a decade or two of monetary craziness, then $10mil/BTC is $1mil/BTC in today’s money.”

“And $100k Bitcoin doesn’t seem so far given we already crossed $10k threshold a few times when few expected even $1k some years back and $10k seemed crazy.”

In other Crypto news today, this simple observation suggests Bitcoin is about to go parabolic.

Historical data suggests the BTC halving to boost prices pre-event. Cryptocurrency analyst Nunya Bizniz recently made an eerily bullish observation about Bitcoin.

He noted that in the two previous market cycles of the BTC market, the cryptocurrency performed extremely well starting 120 days (four months) out from the cycles’ respective block reward reductions, known as “halvings” or “halvenings.”

In the four months prior to the first halving in 2012, the price of BTC rallied dozens of percent higher from $10 to around $14 by the time of the event; and in the four months prior to the second halving in 2016, the price of Bitcoin went effectively parabolic, running from $432 to $700.

🔥 [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:

And $100k Bitcoin doesn’t seem so far given we already crossed $10k threshold a few times when few expected even $1k some years back and $10k seemed crazy.

— Adam Back (@adam3us) January 11, 2020

Bitcoin is about 120 days away from the halving.What was price action like 120 days prior to the first two halvings?

Whether you believe its priced in or not, if past is prologue – volatility may be expected. pic.twitter.com/7peG6Ir0m4

— Nunya Bizniz (@Pladizow) January 10, 2020

This Late Night Host Just Exposed Millions to Bitcoin, Again

This Simple Observation Suggests Bitcoin is About to Go Parabolic

Bitcoin Will Soon Have a $100,000 Price Tag: Adam Back

THREE REASONS WHY! | K BTC Price Prediction!

By admin — 3 years ago

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The Bitcoin price moved 42% in the past 12 hours making it the 4th largest gain in history and the largest since May 10th, 2011.

The Cryptocurrency markets have been on fire with a $55 Billion cash injection making it one of the largest pumps in recent history.

3 reasons why the BTC price surged:

1 – President Xi Jinping supports blockchain in China.

2 – CME Bitcoin futures expired yesterday (4PM London time, last Friday of the month).

3 – Crypto Capital CEO arrested. Exchanges, such as Bitfinex, may get some of the seized 850 million back.

Anthony Pompliano tweeted, “BREAKING: Chinese President Xi Jinping just publicly supported China going all-in on blockchain technology across their economy.

This will be the space race of our generation. America has to embrace the technology, including Bitcoin, or we risk being left behind.”

🔥 [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.

News Resources From Today’s Show:

Three Reasons Why Bitcoin (BTC) Price Surged 40 Percent

$BTC has moved +42% today– 4th largest gain in history and largest since May/10/2011 (if comparing against daily returns).– 15th largest two-day gain in history, Nov/18/2013.Thank you China.

President Xi is the true Crypto Dad.

— Alex Krüger (@krugermacro) October 26, 2019

∙ Today’s volume so far: 1131 BTC∙ Last traded price: $8,622.50

∙ Trading day progress: 54% (if this continues: 100% equals to 2095 BTC)

— Bakkt Volume Bot (@BakktBot) October 25, 2019

3 reasons why #Bitcoin surged today:> CME Bitcoin futures expired today (4PM London time, last Friday of the month).> President Xi Jinping supports blockchain in China.

> Crypto Capital CEO arrested. Exchanges, such as Bitfinex, may get some of the seized 850 million back.

— Gabor Gurbacs (@gaborgurbacs) October 25, 2019

BREAKING: Chinese President Xi Jinping just publicly supported China going all-in on blockchain technology across their economy.This will be the space race of our generation.

America has to embrace the technology, including Bitcoin, or we risk being left behind.

— Pomp 🌪 (@APompliano) October 25, 2019

Someone tell President @realDonaldTrump that there are only 21 million Bitcoin and China is planning to buy them all. This is going to be the real US – China competition.That should get him to pay attention.

The guy hates losing and will try to buy them all😂🙈

— Pomp 🌪 (@APompliano) October 26, 2019

0K BITCOIN PRICE BY NEXT YEAR?! | BTC Sees Its 5th Largest Hourly Crash Ever

By admin — 3 years ago

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The Bitcoin price performance since difficulty bottom chart shows the formation of a cup pattern peaking in spring 2021.

This BTC price prediction tool puts Bitcoin at an astonishing $400k by then.

Right on cue, analyst @100trillion USD, also known as PlanB, tweeted a chart.

It’s based on a ratio of current price over bottom price ($3.7k – December 2018) against time and represented by mining difficulty.

The chart shows four distinct cycles, each beginning with low mining difficulty that corresponds with a low ratio of current price/bottom price. In each case, the ratio increases in line with mining difficulty until it peaks at around 120,000 – 140,000 blocks.

With this comes a dip in the ratio as mining difficulty gets increasingly hard. Current mining difficulty is at 80,000 blocks and based on the previous three cycles, there is room to grow up until the cup ceiling.

With that in mind, a ratio of 10, or 10 times the bottom ($3.7k), puts Bitcoin (BTC) at around $37k come halving time. What’s more, a climb towards the ceiling will see a ratio of around 100, or 100 times the bottom, putting Bitcoin at $370k by spring 2021.

BITCOIN SEES ITS FIFTH LARGEST HOURLY PRICE CRASH EVER

Bitcoin’s fifth largest hourly price drop in history happened today, according to data from Coin Metrics. In a shock brutal crash, BTC shed around $1,000 in value in less than one hour.

What does it mean?

“Today marks Bitcoin’s fifth largest hourly price drop in price history. A ~$1000 drop in under an hour. The only other time we’ve seen a greater dollar price drop is at the Dec. 2017 peak.”

🔥 [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:

Bitcoin’s hourly price change in % terms paints a much different picture.A 9.1% hourly drop ranks 122nd.

In 2013, the month of April alone saw Bitcoin drop >9% more than 20 times. pic.twitter.com/3V2dKd2ibI

— Yassine Elmandjra (@yassineARK) February 19, 2020

Today marks Bitcoin’s fifth largest hourly price drop in price history.A ~$1000 drop in under an hour. The only other time we’ve seen a greater dollar price drop is at the Dec. 2017 peak.

Data via @coinmetrics pic.twitter.com/5l0eOehKu4

— Yassine Elmandjra (@yassineARK) February 19, 2020

Bitcoin, while fundamentally is designed to go up over the ‘long’ term is currently being driven by derivative markets. Short term and mid term price trends caused by overleveraged traders can go any direction they want.

What can’t be faked, is the decade long bullish trend

— Jacob Canfield (@JacobCanfield) February 20, 2020

The Bitcoin halving is bigger than you know.

The daily global #Bitcoin demand will be higher than the daily release of #BTC; this was not the case in 2012 or 2016.

When the daily supply can’t fulfill the daily demand, we know what happens.

We’re in new territory #Crypto kids👍

— BITCOIN • XRP (@XRPjedi) February 18, 2020

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

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