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BITCOIN PRICE ,000 BEFORE END OF YEAR! | Upbit Loses M of Ethereum (ETH)

By admin — 3 years ago

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Stock to Flow Analyst PlanB, Sees The Bitcoin Price Trading at $10,000 Before End of Year.

In the last few days, Bitcoin (BTC) has been the subject of bearish calls. Many are calling a drop between $6,000 and $5,500.

Peter Brandt chimed in on the topic.

The most followed trader on Twitter said that the head-and-shoulders top for Bitcoin doesn’t look valid.

But the analyst painted a descending triangle breakdown and indicated a target of $3,905.

While the BTC price appears to be on a technical downtrend, PlanB believes that it is possible for the top cryptocurrency to regain its bullish composure.

The analyst’s stock to flow model suggests that the recent selloff is a deviation.

Using the stock to flow model, PlanB can forecast the price of bitcoin without using technical analysis.

So far, the analyst’s model has been right on the money. He recently tweeted,

“Call me crazy, but it wouldn’t surprise me if BTC closes 2019 at $10k+ .. opportunities like this (Bitcoin below S2F model value, 6 months before the halving) are rare.”

In other Crypto news today, Bitcoin slips to $6,900 after Upbit loses $50 Million of Ethereum in seeming hack.

If you’ve been on Crypto Twitter at all over the past few hours, you’ve likely noticed this Ethereum (ETH) transaction.

The transaction, which is for 342,000 ETH (valued at nearly $50 Million), was sent from Upbit, a popular Korean exchange, to an unknown, unmarked wallet out of nowhere.

🔥 [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:

Bitcoin Slips to $6,900 After Upbit Loses $50M of Ethereum in Seeming Hack

https://www.ccn.com/stock-flow-analyst-sees-bitcoin-trading-10000/

TOP NEW YORK EXECUTIVE SEES BITCOIN AT $150K BY END OF THIS YEAR!! SUPER BULLISH BTC PREDICTIONS!!

By admin — 3 years ago

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There is nothing stopping Bitcoin from attempting to become a six-figure asset, the Magnetic managing director William E. Quigley professed in an interview with CNN Business.

The New York-based senior executive listed a string of reasons behind his bullishness on Bitcoin, the world’s leading decentralized cryptocurrency whose rates surged from as low as $3,858 just shy of $58,500 in the previous 12 months.

They included Bitcoin’s scarcity and growing demand among mainstream corporate houses that look for alternative store-of-value assets for their balance sheets.

A pre-embedded algorithm within the Bitcoin blockchain’s source code reduces its supply rate by half every four years or after every 210,000 block—an event known as “halving.” Meanwhile, there can only be 21 million BTC tokens in existence, making the cryptocurrency scarce, making it more valuable in the long-term if the demand for it rises.

Bitcoin has had three halvings in the past. The November 2012 and June 2016 supply cuts saw the BTC/USD rates jumping from about $12 to nearly $1,150 and $650 to almost $20,000.

Meanwhile, the third halving—that took place in May 2020—has followed up with up to 558 percent rise so far. It prompted Mr. Quigley to see a bullish fractal.

“We are about halfway through the post-halving bull run,” the executive noted. “So, by my judgment, we have a lot more to go with Bitcoin. Certainly a hundred thousand and quite possible a $150,000 by the end of this year to maybe Q1 next year.”

BITCOIN DEMAND GROWS

That explains why even corporates have started embracing the flagship cryptocurrency as an alternative to cash. Tesla, the world’s leading electric carmaker, revealed in February that it added $1.5 billion worth of bitcoin in its balance sheet, noting that it would also start accepting the cryptocurrency for its services and products.

MasterCard, a credit card giant, announced that it would integrate crypto tools into its services in the same month. Bank of New York Mellon, the US’s first banking firm, joined the ranks by announcing that it would offer bitcoin custodianship via the same platform that its clients use for traditional securities and cash.

“The latest survey I saw showed that 5 percent of the public-traded companies in the US would consider adding Bitcoin to their balance sheets,” said Mr. Quigley. “And the reason they are thinking that is that corporates have trillions of dollars in cash—and where do they put it? There are government bonds but $17 trillion of them yield negative returns.”

In other trending Bitcoin News today:

Experts Divided on BTC Predictions: Bullish or Super Bullish?

Despite the current battle between Bitcoin bulls and bears around the $50,000 price mark — and an 8.7% pullback over the past 24 hours — a raft of analysts and commentators have got out their crystal balls to tip a glittering future for Bitcoin prices.

On Mar. 4, Senior Commodity Strategist for Bloomberg Intelligence Mike McGlone pointed to historical data to suggest that Bitcoin is on the way to $100,000.

“Grayscale Bitcoin Trust Discount May Signal March to $100,000 – Bitcoin’s end of February price disparities on U.S. regulated exchanges portend a firming price foundation, if history is a guide, and are evidence of just how nascent the crypto is.”

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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:

Today is the two year anniversary of my #Bitcoin Halving Reward Era Price analysis chart.It is by far the most accurate, long-term chart prediction I’ve ever seen for Bitcoin.

I still trust it.$BTC will hit $200K+ this cycle. pic.twitter.com/jwUcOpHeXC

— K A L E O (@CryptoKaleo) February 13, 2021

Bitcoin is more likely to hit $1,000,000 than $0.

— Dan Held (@danheld) March 4, 2021

https://bitcoinist.com/top-new-york-executive-sees-bitcoin-price-at-150000-by-q1-2022/

https://cointelegraph.com/news/experts-divided-on-btc-predictions-bullish-or-super-bullish

,000: This Pattern Suggests Bitcoin Price Could Rally 135% in Coming Months | BTC News Today

By admin — 3 years ago

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

Bitcoin Price to Target $11,500 in the Short Term Because Of These Simple Factors

TradingShot – a well-respected technical analyst on TradingView – explained in a recent post that he is closely watching a recently formed inverse head and shoulders pattern for insight into where the BTC price will go next.

Based on this pattern, which he outlines, he believes that Bitcoin (BTC) will retrace towards $7,300 before rallying up to $11,500.

“I expect Bitcoin to retrace now back to roughly 7300 and price the top (inversed) of the Right Shoulder. Assuming the pattern is to a good degree symmetrical, I then expect a peak (before the May Halving) within $11000 – 11500,” he noted.

Analyst: Post-Halving Momentum Likely to Lead BTC to $20,000 TradingShot doesn’t believe that $11,500 is where Bitcoin’s 2020 rally will end, however, as he further goes on to note that post-halving momentum could lead the crypto to its previously established all-time highs around $20,000.

“The Halving will then take effect and after an initial consolidation I expect the 20k ATH to be tested before the end of the year,” he bullishly explained.

In addition to leaning on the inverse head and shoulders pattern and the upcoming mining rewards halving as bullish catalysts, he also references BTC’s position within another macro parabolic channel as a reason to be bullish.

The culmination of all these factors does seem to suggest that the crypto will soon see a significant extension of the uptrend it has been caught within over the past several weeks.

In other Crypto news today, 3 top Cryptocurrency analysts, Peter Brandt, Tom Lee and Mati Greenspan all remain Bullish on Bitcoin right now.

🔥 [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:

Charts are constantly morphing. The idea of drawing a chart boundary definition to be fixed forever was discounted by serious traders 80 years ago. Often, the exact configuration is clear only after the fact. #FACT

— Peter Brandt (@PeterLBrandt) January 24, 2020

Wouldn’t trust trendlines… As everyone is drawing them as per their own bias. It can be drawn multiple ways on many Tfs. Market structure is bearish on weekly… unless proven otherwise. Wouldn’t look at daily for a trend change. The bread n butter is weekly for btc.

— Sanchit (@SanchitLuthra87) January 24, 2020

Peter Brandt Remains Bullish on Bitcoin

$20,000: This Pattern Suggests Bitcoin Could Rally 135% in Coming Months

https://www.tradingview.com/chart/BTCUSD/WibvuiXX-BITCOIN-The-hidden-Channel-the-I-Head-and-Shoulders-to-11000/

TEEKA TIWARI: Inside The Phenomenon – The Final 5 Coins To Million | Bitcoin Sinks to ,390

By admin — 3 years ago

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Discover the ‘Final 5’ Teeka Tiwari picks of 2020 before the infamous Bitcoin halving.

Regardless what happens next to the BTC price, these cryptocurrency projects from Teeka simply cannot be ignored…. Teeka Tiwari is back with ‘5 Coins to $5 Million’: THE FINAL 5

“FIVE Tiny Cryptocurrencies That Could Turn $500 Into $5 Million…

Thanks To A Crypto Market Phenomenon Guaranteed To Hit In Roughly 50 Days”

This Could Be The Biggest Millionaire-Making Event In Human History (It’s NOT The Bitcoin Halving) For the past six months, Teeka Tiwari – the independently ranked #1 most trusted person in crypto – has been on a world tour, investigating a rare crypto market phenomenon…

100% guaranteed to happen only once every four years. (It’s not the halving. The answer may surprise you.)

Over 100 billionaires and wealthy investors are in a buying frenzy right now, preparing for this phenomenon.

The last time it occurred in 2016 (we won’t see it again until 2024), you could’ve turned $500 into as much as $5 million – in 10 months.

During this landmark online training event, Teeka will fly you to the hidden-in-plain-sight epicenter of this phenomenon… so you can see with your own eyes: It’s real.

It’s 100% guaranteed to hit in roughly 50 days.

And it could be bigger than any other phenomenon before.

Bitcoin Price Sinks to $4,390 as Dow’s 1,000-Point Drop Risks Bigger Breakdown

Bitcoin (BTC) jumped towards $6,000 in overnight trading as Federal Reserve reduced its benchmark interest rates, but trimmed gains as some traders liquidated their positions for cash amid sell-off in stocks.

The bitcoin-to-dollar exchange rate plunged to $4,396.50 by 10:05 UTC, bringing its 24-hour losses further up by 13.78 percent. The bitcoin futures contracts listed on CME were also trading 15.67 percent lower into the day – at $4,495 – signaling that the cryptocurrency could dip further heading into the Monday’s US session.

🔥 [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:

A really cool fractalI added some context to it, comparing the virus with the 2008 crashGann analysis on the price and time aspects shows high confluence for this scenario with near ATH levels around EOY/NY

Kudo’s to @CryptoCapo_ and @kenzboard who showed me the fractal pic.twitter.com/JHTPZO6s1w

— //Bitcoin 𝕵ack 🐐 (@BTC_JackSparrow) March 15, 2020

S&P 500 futures stuck at -5% limit down *after* the Federal Reserve announced 100 basis point rate cut, $700 billion in QE, and an abolishment to reserve requirements.The Fed has shot nearly all of its ammo — seemingly no bullets landed.

So what’s next?

— Nick Chong (@_Nick_Chong) March 16, 2020

With the FED effectively cutting interest rates to zero, it seems evident that negatives rates are just around the corner. Good thing there’s a plan B.#bitcoin

— Jonathan Leong (@BTSEJonathan) March 16, 2020

While it’s crazy that #gold is down so much, it’s even crazier that #Bitcoin is down so little. Though gold is down 4% and Bitcoin is down 15%, one Bitcoin still buys three ounces of gold. That’s a great exchange rate. Hodlers had better act quick or they will miss their chance.

— Peter Schiff (@PeterSchiff) March 16, 2020

Scarily Accurate Fractal: Bitcoin Will Trade at $20,000 By Q1 2021

Bitcoin Sinks to $4,390 as Dow’s 1,000-Point Drop Risks Bigger Breakdown

Crypto Analyst: 0K BITCOIN PRICE ATH BY 2021 IS REALISTIC

By admin — 3 years ago

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Bitcoin price may be crashing currently, but the BTC price is expected to someday reach $100,000 to as much as $1 million per BTC.

According to crypto analyst Roger Quantrillo, the first of those two numbers is a very “realistic” scenario that could occur as early as the end of the year in 2021.

In other Crypto news today:

Binance is launching a new crypto asset pegged to XRP 1:1, says Binance CEO Changpeng Zhao.

Are Altcoins ready to explode?!

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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:

Crypto Analyst: $100K Bitcoin ATH By EOY 2021 Is A Realistic Scenario

Revealed: Binance Launching New Crypto Asset Pegged to XRP

#bitcoin stock-to-flow model predicts $100k before Dec 2021, or else the model fails.

Do you believe btc will be > $100k before Dec 2021?

— Plan₿ (@100trillionUSD) October 3, 2019

While discount brokers in traditional markets are moving towards zero trading fees, crypto exchanges increase fees. Coinbase in particular just hiked its fees for its lowest volume tier by 150%, for a 233% increase since March.

Here’s my updated exchange fees summary table. pic.twitter.com/bhbtF7J9pT

— Alex Krüger (@krugermacro) October 3, 2019

BITCOIN WILL SOON HIT $400K BASED ON PREVIOUS BULL RUNS SAYS BLOOMBERG!! ENJIN COIN HITS NEW ATH!!

By admin — 3 years ago

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

History suggests this Bitcoin bull run is only just getting started. Released on Monday, a report by Bloomberg Intelligence strategist Mike McGlone predicted Bitcoin could soon approach $400,000 per BTC based on past Bitcoin bull runs, adding:

“In September, 180-day volatility on the crypto about matched the all-time low from October 2015. From that month’s average price, Bitcoin increased a little over 50x to the peak in 2017.”

Although it doesn’t give a specific time-frame for when this peak might be achieved, the report does specify that over the next quarter the price is likely to “breach $60,000 resistance and head toward $80,000.”

In other trending Bitcoin News today:

“3 Reasons Enjin Coin (ENJ) Price Surged By Over 40% In A Single Day”

The price of Enjin Coin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 40% in the last 24 hours reaching a new all time high of $3.47.

There are three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum and the interest around JumpNet.

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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://assets.bbhub.io/promo/sites/12/1060725_Crypto-Apr2021Outlook.pdf?fbclid=IwAR2bavyEUYpQjZo6Mqkg9tzPNqL0SJRoabGgzAY946mowxtgstvdqkGScbc

https://cointelegraph.com/news/3-reasons-enjin-coin-price-surged-by-over-30-in-a-single-day

https://cointelegraph.com/news/crypto-sentiment-falls-even-as-bloomberg-tips-bitcoin-will-hit-400k

https://cointelegraph.com/news/bitcoin-price-stalls-as-traders-warn-btc-could-dip-lower-than-55k

5 TOP CRYPTO TWITTER TRADERS ARE BULLISH ON BITCOIN RIGHT NOW | BTC Price Analysis Today

By admin — 3 years ago

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

As Bitcoin (BTC) enters another bull-and-bear fight, ranging between $7,800 and $8,200, Crypto Twitter traders are warming up to a bullish attitude.

Leading social media names have returned with a bullish attitude to Bitcoin price moves, as the coin is now battling out new support levels.

This BTC price analysis today includes Fundstrats Thomas Lee who tweeted:

“We published our 2020 Crypto outlook and made the full report available for our clients.

– bottom line: financial markets tend to discount 1-3 months, and maybe 6 months (max).

So highest probability is halvening not priced in.”

Here’s a glimpse from Tom Lee’s report:

“2020 Outlook: 3 Positive Convergences Halving + Geopolitical risk +2020 Elections = 100%+ return for Crypto Bitcoin returned 92% in 2019, trouncing all other major asset classes, an impressive return given the significant policy and regulatory headwinds that emerged in 2019 – the Congressional blowback form Facebook’s Libra and the correlated White House bashing of Bitcoin marked the highs for 2019. For 2020, we see several positive convergences that enhance the use case and also the economic model for Crypto and Bitcoin – thus, we believe Bitcoin and Crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains 100%+ in 2020.”

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

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

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

In a nutshell, I’m expecting a bullish run in BTC lead by LTC as a confirmation signal.

— Willy Woo (@woonomic) January 10, 2020

$BTC UpdatePrice bounced and closed at support Watching for a potential new range to develop above the previous range

Price doesn’t look bad and held where it needed – trade the ranges and be patient, stop worrying about $5k or $10k right now pic.twitter.com/73lFubZVqa

— Josh Rager 📈 (@Josh_Rager) January 10, 2020

I’m out surfing right now so I’m not looking at the charts but a quick scope of Twitter shows me all I need to know.Bear cope & more bear cope.I’ll be bearish the moment we start closing below 7500, not when BTC is retesting it’s neckline.

Still long & strong.

— DonAlt (@CryptoDonAlt) January 9, 2020

5 Top Crypto Twitter Traders Are Bullish on Bitcoin Right Now

TEEKA TIWARI PREDICTS CRYPTO’S NEXT TRILLION DOLLAR COIN!! ELON MUSK HOLDS $5 BILLION IN BITCOIN!!

By admin — 3 years ago

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

Crypto investment analyst Teeka Tiwari who picked Bitcoin (BTC) at $428 in 2016 is set to announce the next Trillion dollar cryptocurrency.

The former hedge fund manger and Wall Street executive predicted back in August when Bitcoin was still trading at about $10,000 that BTC would reach $60,000 or $70,000 “a lot sooner than most people realize.”

Palm Beach Research Group’s Teeka Tiwari, a crypto enthusiast, and an analyst will be releasing his prediction of a new crypto will soon join Bitcoin in the Trillion dollar market cap bracket. In an upcoming webinar event, “Crypto’s Next Trillion Dollar Coin,” set to be held on March 31, 2021, at 8 PM ET, Tiwari will reveal the next cryptocurrency and “where he believes the real money will be made in the crypto boom of 2021”.

According to the Palm Beach Research Group website, Teeka’s shows and webinars in the past have helped investors make insane profits in crypto and he intends to create the same results for his followers in the upcoming webinar.

Teeka Tiwari is a former hedge fund manager and a Wall Street executive who has made a name among crypto circles. He has been a regular contributor to the FOX Business Network. He has appeared on FOX News Channel, CNBC, ABC’s Nightline, The Daily Show with Jon Stewart, and international television networks.

Teeka was an early Bitcoin adopter, having bought his first Bitcoin at $428 in 2016 and calling a Trillion dollar market cap.

In other trending Bitcoin News today:

Elon Musk Holds $5 Billion in Bitcoin, According to SkyBridge Capital’s Anthony Scaramucci

Anthony Scaramucci, the founder of global investment firm SkyBridge Capital, says Elon Musk’s $1.5 billion Bitcoin purchase is just the tip of the iceberg.

In a new tweet, the former White House communications director reveals that Musk is also holding Bitcoin through his aerospace manufacturing company SpaceX.

“Elon Musk didn’t stop with Tesla. I understand that SpaceX owns Bitcoin on its balance sheet. Elon Musk owns over $5 billion in Bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change.”

Last month, MicroStrategy CEO Michael Saylor revealed that SpaceX is among the 7,000 companies that sent representatives to the business intelligence firm’s Bitcoin summit, an event launched for companies that are interested in buying BTC as a treasury asset.

Scaramucci adds that Musk’s multi-billion-dollar BTC investment is part of his vision to create a world that relies on renewable energy.

“The idea Elon Musk would invest in a ‘dirty asset’ is absurd. Future of Bitcoin mining is renewable energy. Elon Musk sees a future in which 1) renewables replace fossil fuels 2) Bitcoin demonetizes gold, RE, equities & art + becomes a dominant store of value.”

Answer to energy FUD is Elon Musk!”

According to a recent survey conducted by the Cambridge Centre for Alternative Finance, miners of Bitcoin and similar crypto assets use renewables to power 39% of their total energy consumption.

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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:

Ultimately, #Bitcoin’s price can *only* get to multi-trillion valuations if the $USD gets destroyed. This is a feature, not a bug. The USD funds terrorism and drug lords globally. BTC promotes peace and love. pic.twitter.com/LgYSiVbxij

— Max Keiser (@maxkeiser) March 19, 2021

Elon Musk didn’t stop with Tesla. I understand that SpaceX owns #bitcoin on its balance sheet. @elonmusk owns over $5 billion in #bitcoin via Tesla, SpaceX, and personally. No living person has done more to protect the planet against climate change. (1/2)

— Anthony Scaramucci (@Scaramucci) March 19, 2021

https://cointelegraph.com/news/bullishness-for-bitcoin-continues-despite-its-struggle-to-reclaim-60-000

Three Main Reasons Why Bitcoin Price is Setting Up For a New Bull Rally | BTC News Today

By admin — 3 years ago

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

There is nothing like a good BTC halving to send the Bitcoin price to the moon again.

It has happened twice before and there is nothing indicating that history will not rhyme again.

With just 146 days to go now the FOMO should start to build soon, more so as we enter 2020.

As the block reward and inflation rate gets halved, the stock to flow doubles which is very important to investors in terms of relative scarcity and demand.

There is no end of charts and Bitcoin predictions out there for BTC price next year and most signal a larger run after the halving.

The new bull market could be around the corner, all Bitcoin (BTC) has to do is stay above $6,500 for the rest of this year to confirm it.

The week is drawing to a close with the Bitcoin price back above $7,000 which keeps it consolidating as the bulls and bears battle it out.

Long term trend lines are holding as is strong support but those are not the only reasons why the next bull run could be imminent.

In other BTC news today, Bitcoin is more likely to hit $10,000 in 2020, than dip to $5,000 because we’re in a consolidating bull market, shows the 2020 Bitcoin prediction of Mike McGlone, senior commodity strategist at Bloomberg Intelligence.

He tweeted on Crypto Twitter:

“Bitcoin in 2020: $10,000 Appears to Be More Likely Than $5,000 – Bitcoin should continue to advance in a consolidating bull market, in our view, with maturation of the first-born crypto in the next decade the primary distinction vs. the current one.”

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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.

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Bitcoin in 2020: $10,000 Appears to Be More Likely Than $5,000 —#Bitcoin should continue to advance in a consolidating bull market, in our view, with maturation of the first-born crypto in the next decade the primary distinction vs. the current one. pic.twitter.com/JxEAhArwTf

— Mike McGlone (@mikemcglone11) December 19, 2019

Yesterday we set a new volume record:

6,226 physically delivered Bakkt Bitcoin Futures contracts traded at ICE Futures U.S.

— Bakkt (@Bakkt) December 19, 2019

Bitcoin More Likely to Hit $10K in 2020 than Dip to $5K

Three Main Reasons Why Bitcoin is Setting Up For a New Bull Rally

BITCOIN PRICE PREDICTION TO K “SOON-ISH” by Binance CEO Changpeng Zhao | BTC News Today

By admin — 3 years ago

➡️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net

Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, shared a Bitcoin price prediction saying a BTC price of $16,000 per Bitcoin will happen “soon-ish,” in a tweet sent on Nov. 1.

Zhao explains that price predictions are easy, but getting the timing right is hard. He said: “Lol, price predictions are easy.

It’s just hard to be right about the timing. We will see $16k soon-ish.

1.4 billion people working on it as we speak.”

The message was an answer to the tweet of another user who pointed out that the prediction of an anonymous 4chan user predicting Bitcoin’s price would hit $16,000 by the end of October turned out to be wrong.

The given prediction also stated that BTC will hit $29,000 in the first quarter of next year, $56,000 in Q3 2020 and $87,000 in Q4 2020.

In other BTC News today, a custom technical signal that has predicted the 42% Bitcoin price jump to $10,500 flashes again, implying that BTC may soon mount higher.

The indicator doesn’t show where Bitcoin is headed, but there are some analysts expecting the cryptocurrency to reenter the $10,000 range in coming trading sessions.

🔥 [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.

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Lol, price predictions are easy. It’s just hard to be right about the timing. We will see $16k soon-ish. 1.4 billion people working on it as we speak. https://t.co/mf9hKpP6Js

— CZ Binance (@cz_binance) November 1, 2019

Bitcoin Signal That Preceded 42% Price Jump to $10,500 Flashes Again

https://cointelegraph.com/news/bitcoin-price-will-see-16-000-soon-ish-predicts-binance-ceo-cz

Stock to Flow Analyst PlanB, Sees The Bitcoin Price Trading at $10,000 Before End of Year.

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Experts Divided on BTC Predictions: Bullish or Super Bullish?

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Bitcoin Price to Target $11,500 in the Short Term Because Of These Simple Factors

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“FIVE Tiny Cryptocurrencies That Could Turn $500 Into $5 Million…

Bitcoin Price Sinks to $4,390 as Dow’s 1,000-Point Drop Risks Bigger Breakdown

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In other Crypto news today:

Are Altcoins ready to explode?!

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