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WHY BITCOIN PRICE COULD HIT 0,000 IN 2021? | BTC Price Just Slid Under ,400, What's Next?

By admin — 3 years ago

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

The month of January is usually bearish for the Bitcoin price but this one has bucked that trend.

It has been the best start to the year since 2012 but analysts are eyeing even greater gains in 2021.

Bitcoin blogger Sylvain Saurel has conducted an in-depth analysis into BTC price movements at the beginning of the year.

The study has been done to highlight the cyclical side of the evolution of bitcoin price with each halving as a starting point.

The research goes back to 2012 and starts the comparison there.

In the same twenty days in that year, Bitcoin (BTC) increased by a similar amount, around 23% to reach $6.50.

Who wouldn’t have wanted to load up then! By the end of the year, prices had increased by 157% to end at $13.50.

The following year, after the halving, resulted in an epic bitcoin price pump of 5800% to end 2013 over $750.

The next year was one of correction with a bear market taking prices back down again while 2015 showed signs of recovery at the end.

2016 was the year of the second halving and while January was flat, the asset gained 123% by the end of the year.

2017, the year following the halving, again saw a monumental bull run with bitcoin prices rising 1450%.

2018 as we all know was a mirror of 2014 with a huge correction and 2019 has shown signs of recovery with BTC gaining 85% over the year.

BTC PRICE PEAK IN 2021 The conclusion leads on to the finding that the evolution of Bitcoin price is cyclical with the halving as the starting point for the new cycle.

“The year following a Bitcoin halving is when the bull market for Bitcoin is at its strongest with respective price increases of +5,800% in 2013 and +1,450% in 2017.”

With that in mind, the research suggests that 2021 will be a stronger year for BTC prices than 2020.

In terms of gains, looking at previous rises 500% would not be out of the question.

At current prices, this would put bitcoin at around $17k by the end of 2020 and as high as $100k in 2021 when the big rally really takes off.

🔥 [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:

$BTC – clear range of $8500 to $8750 right now on lower time framesCurrently not trading and watching for better setups

Will also take a look at altcoins with potential to outperform Bitcoin short term pic.twitter.com/HRJoMZNaDj

— Josh Rager 📈 (@Josh_Rager) January 21, 2020

Bitcoin Just Slid Under $8,500: Price Must Hold This Level to Satisfy Bulls

Why Bitcoin Price Could Hit $100,000 in 2021?

BITCOIN HALVING HEADACHES INCOMING!! | Massive Trillion Wealth Transfer Bullish For BTC

By admin — 3 years ago

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

A crypto analyst known for applying the stock-to-flow ratio to Bitcoin says BTC is facing a number of headwinds as the 2020 halving approaches.

The Bitcoin halving, which happens about every four years, will slash the supply of new BTC entering the market in half this May.

The pseudonymous analyst known as PlanB says Bitcoin’s supply schedule is strongly linked to the BTC price.

He was the first to apply the stock-to-flow model to the Bitcoin price, which tracks the circulating supply of an asset against the amount of new supply hitting the market.

Often used to track the price of gold and precious metals, PlanB says the ratio is strongly correlated with Bitcoin’s past price movements and shows BTC hitting a high of $1,000,000 within a decade.

But with the BTC halving on the horizon, PlanB now says Bitcoin (BTC) has a number of issues to overcome, including regulatory uncertainty in the US, hacks and concerns about large sales of Bitcoin from crypto hackers and the seemingly never-ending fallout from the collapse of the crypto exchange MtGox.

2020 #bitcoin halving will not be an easy ride:– US/Mnuchin: draconian anti-btc laws– Craig Wright: legal & patent FUD– Hacks: like 2016 halving (DAO,Bitfinex)– MtGox & PlusToken selling narrative– Miner death spiral & futures FUD– Forks

Risk vs S2F:https://t.co/FIMcEZWDPn

— PlanB (@100trillionUSD) February 18, 2020

Massive $68 Trillion Wealth Transfer Bullish for Bitcoin (BTC), Says Crypto Influencer

A looming, massive transfer of wealth is one of the single largest reasons to be bullish on Bitcoin, according to crypto influencer Nick Chong.

Chong, a journalist and marketer at the HTC Exodus Bitcoin division, says Millennials will likely funnel a portion of inherited wealth from their parents and grandparents into BTC, a shift that bodes well for the leading cryptocurrency’s long-term prospects.

“Bitcoin’s most bullish statistic: millennials will inherit $68 trillion from baby boomers. Why? Confluence of distrust in institutions, devaluation of fiat, shift from gold to BTC, and the growth of digital tech will make Bitcoin investing a no-brainer.”

Cerulli Associates, an asset management research firm, estimates nearly 45 million US households will hand over $68.4 trillion in wealth to heirs and charity in the next quarter century.

Chong cites an April 2019 report from venture capital firm Blockchain Capital, which indicated that millennial interest in Bitcoin was increasing despite the bear market at that time.

Wrote Spencer Bogart, a general partner at the firm,

“Younger demographics appear most inclined to purchase Bitcoin: 42% of those aged 18–34 said they are ‘very’ or ‘somewhat’ likely to purchase Bitcoin in the next 5 years — up 10 percentage points from 32% in October 2017.”

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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:

2020 #bitcoin halving will not be an easy ride:– US/Mnuchin: draconian anti-btc laws– Craig Wright: legal & patent FUD– Hacks: like 2016 halving (DAO,Bitfinex)– MtGox & PlusToken selling narrative– Miner death spiral & futures FUD– Forks

Risk vs S2F:https://t.co/FIMcEZWDPn

— PlanB (@100trillionUSD) February 18, 2020

Bitcoin’s most bullish statistic: millennials will inherit $68 trillion from baby boomers. Why?

Confluence of distrust in institutions, devaluation of fiat, shift from gold to BTC, and the growth of digital tech will make Bitcoin investing a no-brainer.

— Nick Chong (@_Nick_Chong) February 26, 2020

https://cointelegraph.com/news/fed-coronavirus-rate-cut-may-beat-bitcoin-inflation-after-2020-halving

“BUY BITCOIN,” ANOTHER BILLIONAIRE VC TELLS INVESTORS LOOKING TO ESCAPE MASSIVE DEFLATION | BTC News

By admin — 3 years ago

➡️ REPLAY – TEEKA TIWARI – 5 Coins To $5 Million: http://final5.cryptonewsalerts.net

‘Buy Bitcoin‘ is emerging as the mantra against the ongoing global financial crisis.

The latest to join the cryptocurrency bandwagon is Chamath Palihapitiya, a billionaire venture capitalist with a history of investments in startups that Google and Microsoft would later acquire.

The Social Capital CEO was appearing on a CNBC daily to speak about the vast disconnect between a suffering economy and a cheering stock and bond market.

“We have completely divorced the economy from the stock and the bond markets,” Social Capital CEO Chamath Palihapitiya says. “The Fed has been the principal agent of that obfuscation.”

Before mentioning BTC, Palihapitiya criticized the U.S. Federal Reserve for launching a stimulus package that helped to inflate assets instead of helping taxpayers and consumers. He added that the central bank’s move neither solved income disparity nor unemployment.

What it did was allowing a few entities to play the financial markets to make more money.

The conversation shifted to the deflationary aspects of the Fed’s stimulus.

While Palihapitiya praised the Fed’s efforts to protect the U.S. economy amidst the coronavirus pandemic, he warned that the central bank’s decision to purchase corporate debt ETFs and balloon its balance sheets further could quicken “a really bad deflationary supercycle.”

When the question about where investors should put their capital as the economy shrinks popped, Palihapitiya recommended Bitcoin.

The veteran praised the cryptocurrency for its lack of correlation with other traditional assets.

He suggested that the feature alone could help investors obtain insurance against a deflating economy, citing Paul Tudor Jones, the founder & CEO of a $22 billion hedge fund, for taking a similar approach.

“Now all of a sudden even he is looking at bitcoin and the reason is [that] we are in this massive deflationary cycle,” said Palihapitiya. “I still struggle to find anything that is as uncorrelated to anything and to everything else than bitcoin.”

BITCOIN ADOPTION ON WALL STREET

Tudor Jones, on Monday, had told CNBC that he is holding about 1-2 percent of his net portfolio in the Bitcoin futures.

The billionaire investor, like Palihapitiya, commended the cryptocurrency for behaving as an insurance against the Fed’s massive money printing.

In other trending Bitcoin News today:

Crypto Milestone: Banking Giant JPMorgan Chase Provides Bitcoin (BTC) Bridge for Coinbase Customers The largest bank in the United States is singing a new tune about Bitcoin.

JPMorgan Chase is now offering banking services to cryptocurrency exchanges Coinbase and Gemini in a pivotal and critical turn for Bitcoin and digital assets as an emerging mainstream form of money.

The Wall Street Journal reports that JPMorgan Chase will allow Coinbase and Gemini customers based in the US to make ACH (automated clearing house) withdrawals and transfers, marking the end of the bank’s anti-crypto era led by CEO Jamie Dimon, the industry’s most outspoken crypto critic.

Dimon called Bitcoin “a fraud” in September of 2017. The chief executive went a step further when he threatened to fire any “stupid” employees caught trading the cryptocurrency.

That position has melted in the wake of the macro economic landscape that is awash in money printing, instability, mounting debt, shrinking GDP and a tumultuous stock market that has left investors looking for a hedge.

🔥 [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:

2014: “Bitcoin is a terrible store of value,” said Jamie Dimon2015: “Bitcoin will not survive”2016: “Bitcoin is going nowhere”2017: “Bitcoin is a fraud”2018: “I don’t really give a shit about bitcoin”

2020: –>https://t.co/rAWTvg2zL3

— Barry Silbert (@barrysilbert) May 12, 2020

“Buy Bitcoin,” Another Billionaire VC Tells Investors Looking to Escape Massive Deflation

BITCOIN WILL HIT $500K AND MONEY STORED IN BTC WILL RUN THE FASTEST, OVERTAKING GOLD!

By admin — 3 years ago

➡️ “The Crypto Catch-Up” – Teeka Tiwari Live Event: Register here: http://teeka.cryptonewsalerts.net

The Winklevoss Twins, co-founders of the Gemini crypto exchange, recently stated that the Bitcoin price will hit $500K in the years ahead due to BTC having the potential to outpace gold:

“Inflation is coming. Money stored in a bank will get run over. Money invested in assets like real estate or the stock market will keep pace. Money stored in gold or BTC will outrun the scourge. And money stored in BTC will run the fastest, overtaking gold…

Nonetheless, we believe that BTC will continue to cannibalize gold and that this story will play out dramatically over the next decade. The rate of technological adoption is growing exponentially. Software is eating the world and gold is on the menu.”

Raoul Pal, CEO of Real Vision and a former hedge fund manager, also recently stated that Bitcoin could hit $1,000,000 in this market cycle.

He believes that institutional investment in the cryptocurrency will drive this rally.

Pal recently stated that he has over 60% of his net worth in Bitcoin or Ethereum, citing his belief that the cryptocurrency market may be the best trade of his lifetime. He added that he would not be surprised to see his personal allocation to Bitcoin increase toward 80% or even higher in this market cycle.

According to a macro analysis by crypto-asset trader Josh Rager, Bitcoin is on the verge of an exponential uptrend.

The trader shared the chart below, noting that every time “Bitcoin has closed above the previous monthly all-time high,” a 700-1,000 percent uptrend followed suit.

Bitcoin will likely do this once again if November closes above $14,000.

What could follow is a surge toward $100,000, or potentially even higher:

“Every time Bitcoin has closed above the previous monthly all-time high – a 700% to 1000% uptrend has followed. November could be the first monthly close that we see breaking the previous high and historically that’s been a very bullish sign for the crypto market”

In other trending Bitcoin News today:

“Bitcoin Price Climbing to $20,000 and Volatility Spike in November Very Likely: Kraken Report”

Kraken released its August Bitcoin Volatility Report 2 months ago.

Then the cryptocurrency exchange sounded supremely confident about BTC registering higher highs as the year ends.

In its October version of the same report, Kraken has maintained its bullish stance.

November will see bitcoin log much higher price and volatility rallies.

Also, BTC might as well be on the way to reclaiming the previous all-time high of $20,000. In other breaking BTC news today:

“Iran Becomes First Country to Embrace Bitcoin as Medium of Exchange”

Max Keiser, host of the Keiser Report recently tweeted:

“Iran is winning Global Hash War. America is being left behind. Very little time left for US to get going otherwise US economy will get REKT”

The Central Bank of Iran (CBI) announced Thursday that it would be utilizing legally mined cryptocurrency to pay for imports.

Bitcoin, which political dissidents in the United States and beyond have been using after being locked out of banking services, will be mined by

Iranians with subsidized electricity from three of the nation’s power plants.

They are the first nation to declare the currency an official medium of exchange.

Iran is taking these measures due to aggressive attacks on its economy by the United States Treasury, which is controlled by Jewish investment bankers Steve Mnuchin and Justin Muzinich.

🔥 [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:

Iran is winning Global Hash War America is being left behind

Very little time left for US to get going otherwise US economy will get REKThttps://t.co/CPgTxiR1IJ

— Max Keiser (@maxkeiser) November 11, 2020

https://cryptopotato.com/bitcoin-price-climbing-to-20000-and-volatility-spike-in-november-very-likely-kraken-report/

Macro Analysis Predicts Bitcoin Has Begun Rally Toward $100k

https://national-justice.com/current-events/iran-becomes-first-country-embrace-bitcoin-medium-exchange

https://finance.yahoo.com/news/world-second-biggest-bank-issue-092348073.html

https://cointelegraph.com/news/bitcoin-price-reclaims-15-5k-after-whales-sell-the-most-btc-since-march

BITCOIN PREDICTION MODEL UPDATE AS ANALYSTS FLIP ON BTC!

By admin — 3 years ago

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Crypto Analysts PlanB well known for his stock-to-flow BTC charts updates his Bitcoin Prediction Model and Luke Martin of Venture Coinist are both beginning to flip bullish on the Bitcoin price.

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:

PlanB Updates Bitcoin Prediction Model As Crypto Analysts Flip on BTC

Have No Fear, Bitcoin Price to Resume Uptrend After Pullback

Bizarre Bitcoin Price Action Alert Amid ‘Black Swan Event’ | BTC Futures and Options Volume Surging

By admin — 3 years ago

➡️ 5 *MORE* COINS TO $5 MILLION: http://5coins.cryptonewsalerts.net

As the Bitcoin price plummets below $8,000, Adaptive Capital digital asset strategist Willy Woo is recanting his earlier BTC bull run forecast.

Last month, the crypto analyst and influencer tweeted a chart that he said revealed how strong on-chain fundamentals backed Bitcoin’s breakout above $10,000.

The BTC price has since crashed after hitting its recent highs. Although Woo says he believes the Bitcoin (BTC) long-term prospects are solid, the indicator now suggests a more worrisome situation in the near term.

“This is a chart of on-chain ‘investor activity’ right now. Long term looks solid. Short term is very weird, normally it’s smooth oscillations, not anymore, it’s like something hit it (COVID19?), it’s fizzing out. Waiting for this to reverse before we put in a bottom. Maybe soon.”

Woo says Bitcoin’s fallout is due to a black swan event – a name for an extremely rare and unforeseen circumstance that causes catastrophic damage to the economy.

Because they are unpredictable, black swan events are not accounted for in financial forecasts.

“I was totally wrong on this call… “no chance this is a top” just below 10k. The market right now, crypto and traditional, is undergoing a black swan.”

The black swan metaphor is now extensively used to describe the coronavirus, which has infected over 118,000 worldwide since it was first reported in December of 2019.

Fallout from the virus has triggered a global market downturn that has not spared Bitcoin and the crypto market at large.

Bitcoin Futures and Options Volume May Suggest BTC is About to Make a Massive Movement

In the near-term, two factors that could suggest an intense movement is coming is the fact that Bitcoin’s CME Futures volume and options volume is spiking.

Over the past 24-hours, Bitcoin’s CME Futures trading volume skyrocketed to over $400m, a level not seen since late-February when the cryptocurrency’s bullish market structure first started degrading.

Although CME Futures volume could spike in the time preceding a movement in either direction, the ongoing downtrend may suggest traders are anticipating further downside.

This notion is further bolstered by the fact that BTC options trading volume just set a fresh all-time at roughly $200m, showing that an explosive movement is imminent in the days and weeks ahead.

“All time high for bitcoin options volumes yesterday with nearly $200mln trading,” analytics platform Skew noted in a recent tweet.

The days and weeks ahead should elucidate the validity of the perception that a big movement is brewing.

🔥 [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 was totally wrong on this call… “no chance this is a top” just below 10k.

The market right now, crypto and traditional, is undergoing a black swan.https://t.co/bq18x4VAQM

— Willy Woo (@woonomic) March 10, 2020

Bitcoin Futures and Options Volume is Surging; Expect an Explosive Movement

Bitcoin Price Dumps to K as China Vows to ‘Dispose of’ Local Exchanges! | BTC Price Prediction

By admin — 3 years ago

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

Bitcoin price dumped on Friday as the news appeared to rattle markets, sliding almost 10% and bouncing off support at around $7,000.

Cryptocurrency exchanges operating illegally in China face a new threat after the central bank announced it would take new steps to uphold its trading ban.

In a statement on Nov. 21, the People’s Bank of China warned it was taking action against entities allegedly involved in trading cryptocurrencies such as Bitcoin (BTC).

In a Twitter debate on Nov. 21, commentators joined forces against Peter Schiff, who shared with $1,000 BTC price prediction. Schiff: $1,000 would “complete the pattern” for BTC

Arguing current price action correlated to a “head and shoulders” formation, the gold bug forecast a dramatic downturn would characterize markets in the future. He summarized:

“Bitcoin is nearing the neckline of the head-and-shoulders top I pointed out before the Oct 25th 40% pump. The right shoulder is now shrugged and the neckline slanted and parallel to the shoulders. If it breaks the price objective for the dump is $1,000 to complete the pattern.”

In other Crypto news todays, popular Crypto analyst Alex Kruger called the Bitcoin price dump yesterday, in which he tweeted the following:

“BTC needs to rally or it will crash. How brilliant, right? If it doesn’t go up, it will go down! I’m aware non-technical traders are repelled by this way of thinking, so let me break it down. Mind this is NOT financial advice, just sharing my thought process. I’m often wrong.”

🔥 [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:

Some asked “why did this happen?”A rationalization:#1 China news used to drive price +42% (front-running expected new demand)#2 Price dripped lower on low volume=>increased demand never materialized

#3 Sellers sold every single rip. They just did.https://t.co/TmVfeMCGXE

— Alex Krüger (@krugermacro) November 22, 2019

https://cointelegraph.com/news/ok-doomer-peter-schiff-is-convinced-bitcoin-will-now-crash-to-1k

https://cointelegraph.com/news/bitcoin-drops-below-73k-as-china-vows-to-dispose-of-exchanges

MACRO GURU PREDICTS BITCOIN RISE TO 0K IN 18 MONTHS, SAYS BTC RALLY IS REAL AND MASSIVE!!

By admin — 3 years ago

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

Real Vision CEO and Bitcoin bull Raoul Pal says that a massive wall of institutional money is inevitably going to push the BTC price to $300,000 in a year and a half.

In an interview on Kitco News, Pal says that institutional investors are waiting in the wings to get access to Bitcoin, which is now a “globally recognized brand,” and a “ridiculously well-performing asset.”

“Yesterday alone, I was speaking to the founder of one of the largest investment firms in America. Investment advisors alone have $5 trillion in assets, and he’s trying to get all of his advisors and advise all the others as soon as the ETF is launched to get up to 1% of assets. I mean, that’s $500 billion from the investment advisors alone.”

“We’ve all seen these phases. These things where ‘We’re not going to use this, this is rubbish, why do we need this? I’ve got a fax machine, why do I need email?’ Suddenly, ‘What’s a fax machine?’ Look at all these dot coms, at their mania. Next minute, it’s normal. It’s part of life and Amazon’s a trillion-dollar company.

The world goes through these phases and the more conservative people, the less risk-takers, tend to be later to the party. So I think the banks are late here because they’re going to get disrupted somewhat.”

According to Pal, every single indicator and metric he uses for forecasting Bitcoin points to a mega-bullish rally in the next year or so.

“I use a number of measures. I use technical analysis, logarithmic charts. I use the stock-to-flow ratio… I use a whole number of different yardsticks… They all basically come to the same thing.

They basically come to: We’re going to be somewhere between $500,000 and a million dollars within five years, and we should be somewhere between $100,000 and $300,000 in the next 12 to 18 months.”

In other trending Bitcoin News today:

MicroStrategy Will Issue $400 Million In Securities To Buy More Bitcoin

The world’s largest publicly traded business intelligence firm, MicroStrategy has announced plans to invest the proceeds from a $400 million securities offering into Bitcoin.

On Dec. 7, the firm revealed plans to issue $400 million in convertible senior notes — a debt security that can be converted into the issuing company’s shares. The announcement stated:

“Microstrategy intends to invest the net proceeds from the sale of the notes in Bitcoin.”

At current prices, the $400 million would increase the company’s holdings by 20,833, which would bring the firm’s total crypto stash to almost 62,000 BTC.

Microstrategy will pay semi-annual interest to the note-holders until December 2025. The firm also reserves the right to redeem the notes for cash from Dec. 20, 2023.

The announcement states that MicroStrategy may also offer up to an additional $60 million worth of notes to its initial purchasers within 13 days of commencing the offering.

The securities will be issued under Rule 144 of the Securities Act, and will be available to qualified institutional investors only.

MicroStrategy made waves in the crypto world during August, when the firm revealed it had adopted Bitcoin as its primary reserve asset after purchasing 21,454 BTC for $250 million. It then purchased a further 16,796 BTC for $175 million the following month. The purchases were made through Coinbase’s OTC and brokerage platform.

Just a few days ago on Dec. 5, MicroStrategy’s CEO, Michael Saylor, announced the firm had purchased a further 2,574 BTC priced at approximately $19,427 each for $50 million, bringing its total crypto holdings up to roughly 40,824 BTC.

At current market value, MicroStrategy’s BTC stash is worth nearly $784 million, meaning the firm is currently up 65% on its $475 million investment.

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🔥 [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-s-market-cap-will-flip-gold-winklevoss-twins

https://cointelegraph.com/news/microstrategy-will-issue-400-million-in-securities-to-buy-more-bitcoin

BITCOIN PRICE BACK ON TRACK TO 0K!!! | Ripple (XRP), Litecoin and Ethereum Updates

By admin — 3 years ago

The Bitcoin price is back on track to hit $100,000, says popular crypto analyst PlanB.

PlanB’s Bitcoin predictions have made it all the way to CNBC.

The stock-to-flow ratio shows the BTC price right on target after nearly running into a ditch.

Stock-to-flow measures the amount of new supply that’s entering the market for a given asset against its current available supply.

It’s often used to gauge the future price of precious metals like gold.

In other Crypto news today:

We bring you the latest Ripple (XRP), Litecoin, and Ethereum Updates.

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

Ledger: ► http://ledger.cryptonewsalerts.net

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

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Chinese Crypto FOMO is Bigger than Bakkt, Libra, ETFs Combined

Suppose a popular smart contract wallet that a large portion of the ETH community uses gets hacked. This could be reverted by reverting all chain activity since the hack and doing a DAO-style HF to recover the funds. How much ETH must be at stake for you to support this?

— Vitalik Non-giver of Ether (@VitalikButerin) October 25, 2019

Ahahahahahhaha, now on Chinese CT ” Fuck ETF, fuck Bakkt, fuck Libra, none of these BS will pump, only we Chinese pump with real money, the only way to pump”

(excuse me for the F word… try my best to translate from very Chinese slang)

— Dovey 以德服人 Wan 🗝 🦖 (@DoveyWan) October 28, 2019

HOW BITCOIN PRICE COULD HIT ,000 BY THE END OF 2020 | BTC Full-Blown Rally Is Just Beginning

By admin — 3 years ago

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

Bitcoin Price Just Surpassed $9,000: It Means a Full-Blown Crypto Rally is Just Beginning

BTC price prediction models vary greatly but one analyst that has been correct on numerous occasions has plotted a path to $70,000 Bitcoin (BTC) by the end of the year.

Popular crypto twitter commentator, ‘Whale Panda’, pulled up a Bitcoin price prediction chart drawn back in 2018 by Tradingview user, PentarhUdi.

Despite being over 2 years old, PentarhUdi’s work predicted the BTC price movements to date flawlessly.

The crypto capitulation in December 2018 was predicted as BTC fell to $3,200.

The top of around $14k in the middle of last year was correctly called, as was the 50% pullback into the $6k region.

His prediction for Bitcoin price at the moment is spot on at just below $9k.

If that uncanny accuracy continues to apply Bitcoin should continue to climb throughout the year, breaking its all-time high in June just after the halving.

Following that, prices could blast all the way up to $70k by the end of 2020.

Several aspects could influence such a move including the BTC halving which many assert has not been factored into current prices.

Add to that the premise of further geopolitical and economic tensions and there is the recipe for a bull market. Once bitcoin reaches the five figure level again the FOMO will escalate and new capital should start flowing 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:

$BTC UptrendFixed range Volume Profile shows the importance of Point of Control (POC) for a major range to act as support 2018 POC held as support at $6,400sIMO, we should see the 2019 POC act as support at $10,100

= Price should stay above $10,100 on its way to new ATH pic.twitter.com/VkpUYqTYrO

— Josh Rager 📈 (@Josh_Rager) January 17, 2020

📈 $BTC Mean Hash Rate (1d MA) just reached 1-year high of 125,058,646,627,207,626,752.000(Previous 1-year high of 122,916,246,977,853,194,240.000 was observed on 05 January 2020)

View metric:https://t.co/8zrAyUe7NJ pic.twitter.com/cHSg2O7Iru

— glassnode alerts (@glassnodealerts) January 17, 2020

Notable underperformance if looking at returns of the days preceding the week before New Year. i.e. for 2020, Daily Avg 5 days preceding NY-7 would represent the daily average return between Jan/12 and Jan/17.Something to watch out for in 2021.

h/t @MapleLeafCap pic.twitter.com/C3uI0Wm7TK

— Alex Krüger (@krugermacro) January 17, 2020

Bitcoin Price Should Stay Above $10,100 On Its Way To ATH

How Bitcoin Could Hit $70,000 By The End Of 2020

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Massive $68 Trillion Wealth Transfer Bullish for Bitcoin (BTC), Says Crypto Influencer

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‘Buy Bitcoin‘ is emerging as the mantra against the ongoing global financial crisis.

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“Bitcoin Price Climbing to $20,000 and Volatility Spike in November Very Likely: Kraken Report”

“Iran Becomes First Country to Embrace Bitcoin as Medium of Exchange”

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Are Altcoins ready to explode?!

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Bitcoin Futures and Options Volume May Suggest BTC is About to Make a Massive Movement

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MicroStrategy Will Issue $400 Million In Securities To Buy More Bitcoin

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Bitcoin Price Just Surpassed $9,000: It Means a Full-Blown Crypto Rally is Just Beginning

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