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MICHAEL SAYLOR PREDICTS BITCOIN TO HIT $5,000,000 AND SAYS BTC IS A ‘SCREAMING BUY’ SIGNAL!!

By admin — 3 years ago

💰 Crypto’s Next $1 Trillion Coin: http://teeka.cryptonewsalerts.net

MicroStrategy CEO Michael Saylor believes the Bitcoin price can easily hit the seven-digit mark.

In a new interview with FamilyOffice, Saylor says Bitcoin could appreciate a hundredfold to reach a price of $5 million per BTC.

“I can see bitcoin going to a million. I can see it going to $5 million… because if it simply replaces all the indexes as a monetary index money, why shouldn’t it go to $100 trillion in market cap or something?”

Saylor, whose company MicroStrategy now owns 91,326 Bitcoin, points out that the flagship crypto asset is currently a “screaming signal” to investors, and this is aided by a rapid expansion in the money supply globally and the dominance of its blockchain network.

“In my life I’ve never seen something that was such a screaming signal. You’ve got a $200 to $300 trillion addressable market. You’ve got a problem – money is not sound. You’ve got engineered thermodynamically sound money. You’ve got a dominant network. Everybody’s decided it’s the network. It’s exploding.

The signal that is exploding is it’s growing 200% a year every year for 12 years running. That’s the signal.”

Saylor predicts that the flagship crypto asset’s growth rate is unlikely to be replicated by the FAANG (Facebook, Amazon, Apple, Netflix, Google) tech behemoths going forward, making Bitcoin the better bet.

“Now do I think Apple, Amazon, Facebook or Google are going to go up by a factor of 10 from this point? Not really. I think they’re plus 20, minus 20, plus 100… maybe they will double, maybe they will triple.”

Saylor adds that Bitcoin’s potential became far easier to understand following the economic fallout and increase in money printing that began early last year.

“[Bitcoin] got to be a much easier trade in March of 2020. And every month since March of 2020, it’s been de-risked exponentially, and then the need is exploding.”

In other trending Bitcoin News today:

Bitcoin Falls to Two-Week Lows as $6 Billion In Options Set to Expire – What’s Next?

Bitcoin’s (BTC) price has been in retreat, down 20% since the recent all-time high at $62,000 in mid-March. As crypto markets are frequently volatile, this may very well be another normal pullback within the current bull cycle.

Corrections are needed to generate strength for further upward momentum as markets can’t go up in a straight line. Additionally, a record $6 billion expiration of options is expected on March 26, which often brings some volatility.

It is also quite common for the market’s momentum to shift momentum once the options expiration date comes and goes.

The 4-hour chart shows an apparent downtrend since the recent all-time high at $62,000 with bearish support/resistance flips.

Regardless, Bitcoin’s price has rejected the critical resistance zone at $56,500 in the latest rally after Tesla announced it has started accepting (and holding) BTC in the United States for its vehicles.

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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://www.cnbc.com/2021/03/24/fidelity-to-launch-bitcoin-etf-as-investment-giant-builds-its-digital-asset-business-.html?utm_term=Autofeed&utm_medium=Social&utm_content=Main&utm_source=Twitter#Echobox=1616626200

https://cointelegraph.com/news/bitcoin-falls-to-two-week-lows-as-6-billion-in-options-set-to-expire-what-s-next

JOHN MCAFEE: Bitcoin Price Could Still Hit JOHN MCAFEE: Bitcoin Price Could Still Hit $1 Million in 2020 | BTC Price Prediction Million in 2020 | BTC Price Prediction

By admin — 3 years ago

➡️ $274 Million Secret: Larry Benedict Live Event (REPLAY)
http://trade.cryptonewsalerts.net

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

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

In his most recent Tweet he shared:

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

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

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

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

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

🔥 [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:

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

— John McAfee (@officialmcafee) December 13, 2019

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

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

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

Bitcoin Price to Rally Past ,000: Bloomberg Analysts | Peter Schiff On BTC Price Drop

By admin — 3 years ago

➡️ $274 Million Secret: Larry Benedict Live Event (Register Below)
http://trade.cryptonewsalerts.net

The Bitcoin price didn’t have the best second half of 2019, plunging from a year-to-date high of $14,000 in June to $7,400, where it currently sits at this time.

At its lows, the BTC price fell as low as $6,600, languishing as Bitcoin (BTC) buyers failed to step in amid selling pressure seemingly catalyzed by Chinese regulation of digital assets and the operators of a multi-billion dollar Bitcoin scam selling their coins.

Despite the harrowing backdrop, Bloomberg’s Mike McGlone of the business media giant’s Intelligence unit believes that Bitcoin has a positive outlook heading into “2020 and the next decade” due to a confluence of factors.

This confluence, McGlone went as far as to say, could bring the cryptocurrency back into the five-digit range in the near future, which would be a welcome surprise for many investors in the industry, who has begun to think that Bitcoin has reentered a “Crypto Winter” state yet again.

Bloomberg’s McGlone believes that the bull case for Bitcoin is rapidly building, as long as the key support of $6,500 holds in the near future.

In fact, the analyst went as far as to say that it is “only a matter of time” before BTC breaks the key resistance at $10,000.

In other Crypto news today, Peter Schiff doubles down on his claim that Bitcoin is a “pump-and-dump” scheme in his most recent tweet:

“Bitcoin pump & dumpers are losing their mojo. They managed to pump the price by $550 in one minute, a 7.5% spike. Yet the dump reversed the entire pump with an 8% drop in just 7.5 hours. If #Bitcoin pumpers can no longer sucker in new buyers the game is over. Look out below!”

🔥 [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 pump & dumpers are losing their mojo. They managed to pump the price by $550 in one minute, a 7.5% spike. Yet the dump reversed the entire pump with an 8% drop in just 7.5 hours. If #Bitcoin pumpers can no longer sucker in new buyers the game is over. Look out below!

— Peter Schiff (@PeterSchiff) December 4, 2019

Why Bloomberg Analysts Expect Bitcoin Price to Rally Past $10,000

HOW BITCOIN PRICE COULD HIT ,500 IN NEXT FEW DAYS | BTC Rap: Back To My Crypto (HODL Gang 2)

By admin — 3 years ago

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

BITCOIN PRICE STRIKES SIX MONTH HIGH

Another day and another yearly high has been hit by the BTC price on its march back upwards.

Analysts are eyeing the next resistance levels and it seems that Bitcoin (BTC) has a bit further to go yet.

BTC has tapped a new 2020 high of just shy of $10,500 during today’s Asian trading session.

Since its jump back above five figures a couple of days ago the king of Crypto has continued to march slowly higher reaching prices not seen since early September last year.

So far this year Bitcoin has made an impressive 45% which was enough to garner the attention of the pundits on CNBC’s ‘Fast Money’ yesterday.

Analysts have been eyeing next levels of resistance and Josh Rager has found a level of around $10,750 on the monthly chart.

“BTC $10,761 remains the resistance on the monthly chart. But if we zoom in inside the monthly, we’ll see horizontal resistance at $11k. And $BTC could get as high as $11,400 to $11,550 before topping out IMO (VAH/VP). I’ll stay in spot positions until then & likely hedge short” – Josh Rager

He added that horizontal clusters can be seen clearer on the daily chart which shows resistance at a similar level.

$12k is also a target if BTC can break through initial resistance levels first, from there on there is very little preventing it returning to last year’s high of $13,800.

In today’s show we also premier Chris Records latest Bitcoin rap video entitled: Back To My Crypto (HODL Gang 2).

🔥 [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:

$BTC $10,761 remains the resistance on the monthly chartBut if we zoom in inside the monthly, we’ll see horizontal resistance at $11k

And $BTC could get as high as $11,400 to $11,550 before topping out IMO (VAH/VP)

I’ll stay in spot positions until then & likely hedge short pic.twitter.com/LjRnO01KwD

— Josh Rager 📈 (@Josh_Rager) February 13, 2020

It is far from this daily candle close, but if it remains green, it would be a TD Sequential “9” – a rare thing on a daily time frame.Considering the preceded rise and the absence of decent corrections, it is wise to be cautious with long positions, IMO.

👀$BTC $BTCUSD #bitcoin pic.twitter.com/eVPoQeP2xJ

— CryptoHamster (@CryptoHamsterIO) February 13, 2020

How Bitcoin Prices Could Hit $11,500 in The Next Few Days

https://cointelegraph.com/news/bitcoin-price-suddenly-drops-300-in-1-hour-after-10-500-rejection

BITCOIN (BTC) WILL REACH 0K BY 2021, MARK MY WORDS SAYS ANALYST! KRAKEN LAUNCHING 1ST CRYPTO BANK

By admin — 3 years ago

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

Crypto analyst Elja Boom, the CEO of Ajoobz tweeted on Crypto Twitter to his 66.3K followers:

“Bitcoin will reach $100,000 by 2021. Mark my words.”

Lark Davis, another cryptocurrency influencer who is very bullish on BTC recently tweeted to his 57.7K followers:

“Quick reminder that the price of Bitcoin went from $11,000 to $20,000 in 14 days back in 2017. This market is a powder keg!”

Lark received the following skeptical response to his bullish tweet, “Yes but retail was the main driver, there is no surge in retail interest right now, see google trends.”

The Crypto Lark then replied:

“Yes, true, but also companies were not buying $175 million worth of BTC at a time which is the equivalent of 350,000 retail investors buying 500 bucks worth of bitcoin each.”

He’s referring to Microstrategy’s recent massive Bitcoin acquisition:

“On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses.”

In other trending Bitcoin News Today:

Mad Money’s Jim Cramer ‘Fixated’ on Buying Bitcoin, Fears Massive Inflation

Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation.”

While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children.

Cramer calls himself a gold bug because he has “so much gold,” he revealed.

He is concerned about hedging against inflation and leaving the right assets to his kids.

The former hedge fund manager explained that to hedge against inflation, he currently goes to his “inflation handbook,” and “what it says is buy gold, buy masterpieces and buy mansions.

Those are the three things.” He emphasized that “what we didn’t have in that menu was crypto and I think that you have to have [it].”

He further opined:

“I feel very strongly that I have missed crypto.”

Pomp clarified to Cramer that it is important to distinguish between bitcoin and cryptocurrencies.

“When you talk to your kids about it, you got to make sure it’s bitcoin not just crypto in general because bitcoin specifically has the inflation hedge – things that we’re talking about here.”

Cramer believes: My kids, when they get my inheritance, won’t feel comfortable with gold and will feel comfortable with crypto.

“I just need something that my kids will understand … and they will never understand gold and the reason why they’ll never understand gold is they think gold’s dangerous. It’s dangerous because it can be stolen. It’s dangerous because they don’t want to take it out of the bank,” Cramer shared.

As for cryptocurrency, the Mad Money host is also concerned about the security side, such as getting hacked.

However, Pomp explained several ways to keep his bitcoin more secure.

In other trending BTC News today:

Kraken is launching a crypto bank in Wyoming, paving the way for possible stock offerings

Cryptocurrency exchange Kraken is launching a bank under a new regulatory framework in Wyoming, a move that will expand its product suite, the firm said in an announcement Wednesday.

Headquartered in Wyoming, Kraken Financial will be regulated by the Wyoming Division of Banking under a so-called Special Purpose Depository Institution.

The new structure was purpose-built for cryptocurrency companies and will allow Kraken to offer certain banking functions to clients and effectively serve as the exchange operator’s primary banking relationship.

🔥 [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:

On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses.

— Michael Saylor (@michael_saylor) September 15, 2020

https://news.bitcoin.com/mad-money-jim-cramer-bitcoin-inflation/

SUPERCYCLE MAY PROPEL BITCOIN OVER $1 MILLION SAYS KRAKEN’S DAN HELD!! MORGAN STANLEY BUYS BITHUMB?!

By admin — 3 years ago

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

According to Dan Held, growth lead at Kraken, Bitcoin is currently experiencing a supercycle that could propel it all the way to $1 million.

In Held’s view, this market cycle is fundamentally different from previous ones. “This is one in a hundred year moment”, he said, mentioning the coronavirus crisis, growing distrust in financial institutions and central bank money printing as catalysts of the current crypto bull market.

“People aren’t just in it for a speculative run anymore. People are buying it because they see Bitcoin’s value”, he explained.

Held is also convinced that once Bitcoin will reach its full potential as digital gold, it will challenge governments’ monopoly over money.

“Bitcoin undermines their entire power and authority by removing money from their ownership,” he said.

At that point, governments will see crypto as a threat and crack down on it in what Held defines as a “crypto mass extinction event.” According to Held, altcoins won’t be able to survive such an attack, since most of them are “degrading their censorship resistance and decentralized properties in order to increase their throughput.” Bitcoin, however, was specifically designed to resist such censorship.

“Satoshi built the Blockchain to build Bitcoin, and he built it to be an incredibly resilient tool against governments,” Held said.

In other trending Bitcoin News today:

Morgan Stanley Rumored To Be Eyeing Stake In Top Korean Exchange Bithumb

According to Korean media, U.S.-based multinational investment banking giant Morgan Stanley is rumored to be negotiating the acquisition of a significant share in leading Korean cryptocurrency exchange, Bithumb.

The news was reported on March 18 by Aju News, with Bithumb reportedly in discussions with major Bithumb shareholder, Bident — who owns a roughly 10% stake in Bithumb Korea.

A March 19 article from leading local search engine Naver states that Morgan Stanley is planning to invest between 300 and 500 billion Korean won ($254 million to $441 million). The report cited an anonymous senior Bithumb representative as stating, “Morgan Stanley participated in the acquisition of Bithumb.”

“The reason Morgan Stanley used Bident is because it understood that Bident has the right to negotiate a preferred sale to acquire Bithumb Holdings,” said a second anonymous source familiar with the matter.

Cointelegraph markets analyst Joseph Young shared the news to Twitter, noting Bithumb is targeting a $2 billion valuation.

The news comes two days after Cointelegraph reported on an “internal memo” from Morgan Stanley announcing the firm will launch three funds enabling Bitcoin ownership for wealthy customers with “an aggressive risk tolerance.”

Eligible clients must be accredited investors and hold at least $2 million worth of capital with the company. Minimum investments into the funds are $5 million.

Commenting on the news, Devin Ryan of U.S. investment bank JMP Securities predicted Morgan Stanley’s crypto-friendly funds will prompt other financial institutions to explore offering their clients exposure to digital assets.

“Motivations range from missing the opportunity at best, or at worst, seeing business disruption if clients decide better alternatives exist, which could negatively impact growth or competitive positioning,” Ryan said.

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

Wow.Morgan Stanley is reportedly bidding for Bithumb, South Korea’s top crypto and bitcoin exchange, for $2 billion valuation.Slowly, then surely.

The explosiveness of institutional interest in this space right now is unprecedented.

— Joseph Young (@iamjosephyoung) March 19, 2021

More and more people are beginning to understand how #Bitcoin demonitizes violence. If you want peace switch to a Bitcoin standard.

“Max Keiser Makes Claim That Bitcoin Could Prevent 9/11 Attacks” https://t.co/h7fRq3kBrA

— Max Keiser (@maxkeiser) March 18, 2021

https://cointelegraph.com/news/supercycle-may-propel-bitcoin-over-1-million-kraken-s-dan-held-says

https://cointelegraph.com/news/morgan-stanley-rumored-to-be-eyeing-stake-in-top-korean-exchange-bithumb

https://cointelegraph.com/news/bitcoin-price-facing-final-resistance-before-68k

BITCOIN AND CRYPTO WILL SOAR AT LEAST 100X TO $100 TRILLION MARKET CAP SAYS MACRO GURU RAOUL PAL!!

By admin — 3 years ago

💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts

Macroeconomics guru and Real Vision co-founder Raoul Pal believes that the market cap of Bitcoin and crypto can soar at least 100x from its current valuation of about $1.7 trillion.

In a new tweetstorm, the former Goldman Sachs manager tells his 419,800 followers that many traditional investors fail to see the potential of the crypto markets as they believe assets often revert back to their mean or their average price over time.

“I’m finding it fascinating to see traditional finance and business people first trying to get their heads around BTC, then other crypto protocols, then DeFi (decentralized finance) and now NFTs (non-fungible tokens). At every single stage in the rapidly evolving ecosystem, they have used mean-revertionist thinking as opposed to exponential network effects analysis and therefore everything looks like a bubble or a misallocation of capital.”

Pal adds that while many projects in the crypto space will die, those that survive will attract more participants which will take the industry to greater heights.

“As thousands of projects, all pushing boundaries, go through the same survive-or-die and then network effects, the entire ecosystem rises.”

The Real Vision executive also says he believes the digital asset revolution will facilitate the transfer and creation of wealth to the tune of hundreds of trillions of dollars.

“As the internet of value and trust accelerates, it is going to destroy more large old business models than maybe the internet itself. I know this sounds grandiose and hyperbolic, but the TAM (total addressable market) of the transfer, storage, accretion of value is the largest and most valuable on Earth…

This space will not be a $1.7 trillion ecosystem as it is today but a multi-hundred trillion dollar ecosystem eventually. You can embrace change or fight it, but you owe it to yourself to understand it as the pace of innovation is going exponential too.”

In other trending Bitcoin News today:

Bitcoin Whales ‘Bought The Dip’ As Orders For $100K Or More Hit All-Time Highs

Bitcoin (BTC) whales and institutions alike have made the most of the recent BTC price “dip” by buying big, data suggests.

In an update on March 9, on-chain analytics service Material Indicators noted that buy orders of $100,000 and higher on Binance — the biggest cryptocurrency exchange by volume worldwide — are reaching all-time highs.

In stark contrast to orders worth less than $100,000, larger buys are more frequent than ever before in Bitcoin’s history.

Smaller allocations have plummeted in 2021, matching an existing narrative that institutions are scooping up liquidity on exchanges which surfaced during the recent bull run.

“The $100k – $1M class is now also about to make a new ATH,” Material Indicators commented on Twitter alongside a chart.

“Meaning, they bought the dip.”

Material Indicators previously voiced concerns about this week’s price rise, arguing that whales could “sell into” the surge, producing a repeat of the run to $58,000 all-time highs and subsequent 25% correction.

While this has so far not come to pass, analysts also noted that macroeconomic factors were also having a different impact to that which was expected.

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

Gold is the poor man’s #Bitcoin

As availability for Bitcoin dries up, those hoping to escape inflation will be forced to buy Gold.

— Max Keiser (@maxkeiser) March 8, 2021

https://cointelegraph.com/news/coinbase-reportedly-hits-pre-ipo-valuation-of-100-billion-in-private-auction

https://cointelegraph.com/news/bitcoin-price-cracks-major-resistance-as-analyst-eyes-70k-destiny

https://cointelegraph.com/news/bitcoin-whales-bought-the-dip-as-orders-for-100k-or-more-hit-all-time-highs

BITCOIN PRICE TO HIT $85K IN COMING MONTHS AS INDICATORS FLIP BULLISH!! TANZANIA NEXT TO ADOPT BTC?!

By admin — 3 years ago

💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts

Amid hopes that Bitcoin will still hit $100,000 this year, Decentrader predicted that it may only be a matter of months before BTC is back on track.

“While we may not rally so hard and fast this time, fundamentally nothing has changed with how Bitcoin works, nothing is broken, we are just experiencing a lot of bad media coverage after a strong rally at the start of the year,” the company concluded.

“So we may well see price make its way back up to the stock to flow line in the coming months. This would mean new all-time highs for BTC before the end of this year, as the Stock to Flow line is currently sitting at $85,000.”

In other trending Bitcoin News today: Tanzania appears to be the latest emerging economy poised to embrace BTC and crypto assets.

On June 14, Tanzanian president Samia Suluhu Hassan urged the country’s central bank to begin exploring crypto assets. Hassan emphasized the increasing impact of digital assets on global finance, stating: “We have witnessed the emergence of a new journey through the internet.”

“My call to the Central Bank is that you should start working on that development. The Central Bank should be ready for the changes and not be caught unprepared.”

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

https://cointelegraph.com/news/bitcoin-price-could-hit-85k-in-months-as-indicators-flip-bullish-report

https://cointelegraph.com/news/tanzanian-president-urges-central-bank-to-prepare-for-crypto

https://cointelegraph.com/news/bitcoin-price-moves-toward-40k-as-on-chain-and-technical-analysis-favor-bulls

K BITCOIN PRICE IS ‘REASONABLE’ IF BTC HITS NEW HIGHS, SAYS TONE VAYS!! PEAK PROJECTED AT 5K!!

By admin — 3 years ago

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Tone Vays, the well-known BTC derivatives trader, believes the Bitcoin price will stay above $10,000 for the rest of 2020.

At the start of the year, Vays said he was skeptical the BTC price would break $20,000 in 2021 but now he thinks it’s possible for the top cryptocurrency to overtake its record all-time high.

If the price of Bitcoin surpasses $20,000 in the medium-term, Vays said history shows it tends to double.

Based on the historical price cycles, he said the $45,000 to $50,000 range is a reasonable target.

During an interview with IGTV, Vays said:

“Every time Bitcoin breaks a prior all-time high, especially when it takes years to break that all-time high, it tends to usually more than double. So I think $45,000 to $50,000 is a reasonable target.”

Throughout 2020, Vays said Bitcoin would likely stay above $10,000 and gear towards $20,000 the following year.

He noted:

“In the beginning of the year, I thought that even next year would be a struggle to break $20k. Now I think it’s pretty likely that we’ll break $20k next year.”

As on-chain analysts have said throughout August, the $10,000 area has become a strong support level for Bitcoin.

As long as a key psychological level at $10,000 is intact, an extended uptrend becomes more likely.

Vays also drew a comparison between Bitcoin and gold. He emphasized that gold broke its all-time high and saw a 5% upside past its previous high fairly quickly.

The trader explained that Bitcoin could do something similar over the medium to long-term when it breaks its previous all-time high at $20,000. He stated:

“We are watching what’s happening with gold right now. Gold finally broke its all-time high, that it made ten years ago, just recently, and it went already $100 past that. So it went 5% more fairly quickly. So let’s see how fast gold goes up since breaking all-time high, and Bitcoin can do something similar.”

How far could Bitcoin go?

Various price models predict the price of Bitcoin to reach anywhere between $30,000 to $250,000 in the long-term.

According to Vays, he would be satisfied if the next top of Bitcoin is at around $45,000.

Historically, Bitcoin has seen a major breakout past its previous record high, reach a new peak, then correct.

A rapid upsurge to unsustainable price levels could leave BTC vulnerable to sharp drops. He added:

“Do we think we go as high as $100,000? I’m not willing to make that statement. For me, I would be happy if the next top was around $45,000, and that can happen quickly.”

In other trending Bitcoin News today:

Analyst: Bitcoin Trajectory Ahead of Schedule, Peak Projected At $325K

Bitcoin price recently set a new high for 2020 but has since pulled back to just under $12,000.

However, the cryptocurrency is slightly “ahead of schedule,” according to a top crypto expert and former Google engineer.

Because the asset is further beyond in its cycle “trajectory,” it could mean that there’s still more downside to go before the bull run picks up in steam.

In the end, however, it doesn’t matter, as the same projection brings the cryptocurrency to a peak of over $325,000 in under two years.

According to the crypto expert, if the cryptocurrency was following the last cycle exactly, the price per BTC should be trading around roughly $10,800.

Currently, BTCUSD is trading roughly $1000 higher following a pullback that began after setting a local high at $12,400.

If Bitcoin continues to follow this path, and it has thus far, the next peak would arrive sometime around October 19, 2021.

The target? $325,000.

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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:

If we were to follow the 2016/17 trajectory (we’re ahead of schedule right now), the peak of the cycle would occur on October 19th, 2021 and the peak price would be approximately…

$325,000 👀

— Vijay Boyapati (@real_vijay) August 19, 2020

Stats showcasing crypto growth in 2020– Crypto market cap +95% – Stablecoin market cap +185%

– $BTC +65%

– $ETH +220%
– $LINK +800%– BTC futures OI +50%– BTC options OI +560%– BTC CME futures OI +660%– BTC CME futures OI (in BTC) +360%

– Total value locked in DeFi +900%

— Alex Krüger (@krugermacro) August 20, 2020

Analyst: Bitcoin Trajectory Ahead of Schedule, Peak Projected At $325K

https://grayscale.co/wp-content/uploads/2020/08/Grayscale_Valuing_Bitcoin.pdf

https://cointelegraph.com/news/grayscale-bitcoin-market-looks-like-2016-before-historic-bull-run

https://cointelegraph.com/news/50k-bitcoin-is-reasonable-if-btc-hits-new-highs-says-tone-vays

NEW BITCOIN BULL CYCLE WILL TAKE BTC PRICE TO 0,000! | Ethereum, Ripple XRP News

By admin — 3 years ago

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$120,000 is the new BTC price target set for the next Bitcoin bull cycle.

A popular cryptocurrency analyst says a breakdown of Bitcoin’s past bull market cycles may indicate where the leading cryptocurrency will head next.

CryptoWolf tells his 18,600 followers on Twitter that each subsequent BTC bull run has taken longer to materialize than the last.

After crunching the numbers, he believes the Bitcoin price will reach its next top in December of 2022, about 1,400 days after its primary bottom of $3,220 in December of 2018.

As for the return on investment, he says BTC will surge 40x, bringing the price to approximately $120,000.

In other Crypto news today:

Bitcoin is flashing ‘Extremely Bullish’ signals, says cryptocurrency analyst and portfolio manager Mati Greenspan.

He says Bitcoin may make another move to the upside in the near term. In his latest Quantum Economics newsletter, Greenspan says BTC may enter a brief period of consolidation before making its next move.

“Bitcoin’s technical indicators just keep flashing bullish signals. [On Wednesday] we pointed out a ‘reverse head & shoulders’ pattern that ended up playing out about two hours after I hit send. What’s more comforting is that the breakout occurred on high volume… we can see that continuation with a retest of the neckline in a picture perfect bullish flag pattern.” – Mati Greenspan.

In todays show we also share the latest Ethereum and Ripple XRP news updates you should be aware of.

🔥 [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 Analysis.– Bull cycles are getting longer.– ROI since bottom are decreasing.Conclusion of cycle IV:Next top: ~ 1400 days since bottom. ETA December 2022

ROI: ~40X since bottom, ~120k $. pic.twitter.com/vN8LuRGlLM

— CryptoWolf (@IamCryptoWolf) November 27, 2019

https://dailyhodl.com/analyst-new-bitcoin-bull-cycle-will-take-btc-to-120000-plus-xrp-ripple-litecoin-update/

Bitcoin Falls to Two-Week Lows as $6 Billion In Options Set to Expire – What’s Next?

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BITCOIN PRICE STRIKES SIX MONTH HIGH

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Mad Money’s Jim Cramer ‘Fixated’ on Buying Bitcoin, Fears Massive Inflation

Kraken is launching a crypto bank in Wyoming, paving the way for possible stock offerings

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Morgan Stanley Rumored To Be Eyeing Stake In Top Korean Exchange Bithumb

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Bitcoin Whales ‘Bought The Dip’ As Orders For $100K Or More Hit All-Time Highs

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Analyst: Bitcoin Trajectory Ahead of Schedule, Peak Projected At $325K

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Show Notes / Resources:

$120,000 is the new BTC price target set for the next Bitcoin bull cycle.

In other Crypto news today:

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