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WARREN BUFFET WILL PANIC-BUY BITCOIN AT K SAYS MAX KEISER!! BTC IS TARGETING 8K STOCK-TO-FLOW!

By admin — 3 years ago

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

Bitcoin pioneer, Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy BTC at $50,000.

Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with Bitcoin.

It seems that the U.S. dollar is really losing its power.

As a matter a fact, if it’s to believe crypto enthusiast and analyst Max Keiser, the U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs.

In his latest prediction for macro, Keiser cautioned that safe havens would seriously outperform fiat.

He also implied that Warren Buffett well knew that this was coming. Keiser wrote:

“Buffett’s move into Japan, along with his gold investment, confirms he’s getting out of USD bigly. USD is trending lower today, about to break key support. Bitcoin – Gold – Silver Will all make new ATH in the near term.”

Bill Smead, chief investment officer at Smead Capital Management, which invests nearly 3% of its assets in Berkshire commented:

“The inflation cocktail is being mixed and Buffett is migrating his investment to where you can create value through inflation. These are companies that will make more money if the price of oil [or] any input goes up.”

Buffett, however, is famous for his so-called macro moves, even though he stays as a loyal BTC skeptic.

Last week, the so-called “Buffett Indicator” cautioned about a stock market crash, even as large-cap stocks went on rising.

Before that, Anthony Pompliano, co-founder of Morgan Creek Digital, publicly bet that Buffett will eventually decide to buy a Bitcoin after he revealed his move into gold.

At the time, Keiser claimed that the gold frenzy alone could boost investors, helping push the Bitcoin price to $50,000.

In February this year, Warren Buffett dismissed Bitcoin and other cryptocurrencies as worthless by saying:

“Cryptocurrencies basically have no value. They don’t produce anything. You can’t do anything with it except sell it to somebody else. But then that person’s got the problem.”

“I don’t own any cryptocurrency,” he said. “I never will,” and added that none of Berkshire’s businesses uses Bitcoin, and highlighted its frequent usage for illicit purposes.

“Bitcoin has been used to move around a fair amount of money illegally,” Buffett said going on joking on Bitcoin’s “economic contribution” to society might be reducing demand for suitcases.

In other trending Bitcoin News today:

Bitcoin is targeting $288K Stock-to-Flow Price ‘Like Clockwork’ – PlanB

Bitcoin (BTC) is heading to $288,000 and higher “like clockwork” as fiat currency woes mount and European inflation goes negative.

In a tweet on Sept. 1, PlanB, creator of the stock-to-flow (S2F) family of Bitcoin price models, said that BTC/USD had performed exactly as expected in August.

Listing the monthly closing price since May’s block subsidy halving, PlanB noted that each corresponded to the predictions of his S2F cross-asset model.

“Bitcoin… like clockwork,” he summarized. Bitcoin has now put in its fourth so-called “red dot” on the S2F chart since May.

According to performance after the previous two halvings, that leaves just months before a major price surge ensues.

According to S2FX, the current halving cycle, which like the others lasts four years, should produce a Bitcoin price focal point of $288,000.

The top, PlanB previously explained, could be more than double that.

🔥 [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:

Buffett’s move into Japan, along with his $GOLD investment, confirms he’s getting out of $USD BIGLY $USD is trending lower today, about to break key support #Bitcoin – Gold – Silver

Will all make new ATH in the near term

— Max Keiser (@maxkeiser) August 31, 2020

A $14K Bitcoin Looks Inevitable As Per This Fractal

https://cointelegraph.com/news/bitcoin-is-targeting-288k-stock-to-flow-price-like-clockwork-planb

BITCOIN PRICE WILL HIT 0,000 BEFORE 2022! | BTC Indicator Suggests 190% Rally Incoming

By admin — 3 years ago

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

The Bitcoin price will hit $100K+ per BTC before 2022 according to popular Crypto analysts PlanB, Tom Lee, Anthony Pompliano and Bitmex CEO Arthur Hayes.

This is around the date of the Bitcoin (BTC) block reward halving, which would kick off the “bull run” sending the cryptocurrency to $100,000 before December 2021.

PlanB released the predictions describing them as his “2 sats on BTC price.” In a previous update in January 2019, he claimed BTC/USD would stay above its 200-week moving average (200WMA), which historically had always grown.

Stock-to-flow uses two indicators to chart Bitcoin’s price trajectory: the number of Bitcoins already available versus the number of new Bitcoins added to circulation.

Historically highly accurate, the model puts Bitcoin on par with gold in terms of its status as hard money with a supply that is virtually impossible to manipulate, unlike fiat currency.

In the long term, PlanB expects BTC/USD to trade at an average of $100,000 between 2021 and 2024.

After that, however, fiat weakness may reach such an extent that BTC (Bitcoin) appreciates to “a factor” of $100,000, at which point stock-to-flow would ironically become less useful.

Bitcoin is starting 2020 with a bang. With double-digit gains in January, the top cryptocurrency briefly breached psychological resistance at $10,000 over the weekend.

Even with the current pullback to $9,757, BTC is still up by over 36% year-to-date, with more upside potential this year, according to Fundstrat co-founder Tom Lee.

In a recent appearance on CNBC’s Power Lunch, Lee argues that Bitcoin is now at the start of a new bull run. “A lot of good things have happened with Bitcoin this year. One is the halvening is happening in May. But we broke above the 200-day [moving average] – so back in a bull market.

There is the corona[virus] risk and geo-political tension… Last year, I think Washington killed the Bitcoin rally.

But with the elections, it’s sort of not in the purview of Washington. So I think Bitcoin could rally very strongly from here.”

Regarding the projected strength of the rally, Lee adds, “When Bitcoin breaks above its 200-day, which it did about two weeks ago, its average six-month gain is about 190%. So this would point to all-time highs sometime this year.”

🔥 [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 just hit $10,000.I still think that Bitcoin will hit $100,000 by end of December 2021.

Fixed supply. Increasing demand. Time will tell. #Bitcoin

— Pomp 🌪 (@APompliano) February 9, 2020

It is not S2F related, and also not WMA200 related. It is a new not yet disclosed indicator that is the result from chain analytics. So if it would drop below $8200 (what I do not expect), then I will drop that indicator.

— PlanB (@100trillionUSD) February 10, 2020

https://cointelegraph.com/news/anthony-pompliano-believes-bitcoin-price-climb-to-100k-has-started

https://cointelegraph.com/news/bitcoin-price-has-set-82k-floor-100k-coming-before-2022-analyst

Another Top Investor Expects the Bitcoin Price to Erupt to ,000 in 2020 | BTC 4,000% Rally Signal

By admin — 3 years ago

➡️ Teeka Tiwari – Investment of the Decade: http://2020.cryptonewsalerts.net

For the umpteenth time this month, Bitcoin price failed to hold above the $10,000 resistance on June 10th.

Prominent investors in the cryptocurrency space, however, remain bullish on BTC due to a confluence of macroeconomic factors.

They say that in 2020, there’s a high likelihood Bitcoin revisits its all-time high price of $20,000.

A rally to $20,000 would mark a 112% rally from the current BTC price of $9,400.

Morgan Creek Digital partner Jason Williams believes that Bitcoin will hit $20,000 by October.

He argued in a recent tweet that such a performance would be “World Class” in such a relatively short time frame.

This is a slight adjustment made to a forecast of $20,000 by September that the crypto fund manager shared with the International Business Times in May.

“20k bitcoin by October. 2x is World Class in this timeframe. Remember that. I can’t stop looking at the next 7 days.”

In the tweet, the prominent Bitcoin investor didn’t elaborate on what evidence there is to back this prediction.

Yet in previous interviews, he has alluded to why he expects BTC to rally upwards of 100% in the coming four to five months.

Speaking to Thinking Crypto in May, Williams shared his opinion with the interviewer that he believes that the cryptocurrency industry is in a similar position to the internet/digital industry in the mid-1990s.

That’s to say, Bitcoin has a vast amount of upside in the coming years, potentially making $20,000 just the start of a larger rally.

Williams’ partners Mark Yusko and Anthony Pompliano are arguably even more bullish.

The other Morgan Creek Digital co-founders see the confluence of massive money printing by central banks and the block reward halving as “rocket fuel” for BTC.

Williams is not the only investor in the industry expecting a $20,000 Bitcoin in 2020.

BitMEX’s chief executive, Arthur Hayes recently said that his “end of 2020 price target remains $20,000.”

He argued in a March newsletter that central banks will dramatically bolster BTC’s value proposition, driving prices higher as investors acknowledge that.

Dan Morehead of Pantera Capital echoed this to a T, writing in a March newsletter that in a world where the value of fiat money is being constantly debased, the scarce Bitcoin stands to benefit:

“Now that we’re in the trillions, the deficit just simply has to have a positive impact on the price of things not quantitatively-easable — stocks, real estate, cryptocurrency relative to the price of money.

Said another way, the BTC/USD cross-currency rate will rise.

The price of bitcoin may set a new record in the next twelve months.”

In other trending Bitcoin news today:

Bitcoin Will Soon See the Exact Same Signal That Marked the Start of a 4,000% Rally

A prominent trader shared the chart below on June 13th, showing that Bitcoin’s two-week relative strength index (RSI) is about to break past a downtrend formed in the wake of the rally to $20,000.

This is important as the last time the two-week RSI looked as it did now was at the start of BTC’s previous bull run, prior to a ~4,000% move from ~$500 to $20,000.

The RSI breakout isn’t the only trend that has analysts believing that the start of a macro uptrend is on the horizon.

🔥 [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:

Another Top Investor Expects the Bitcoin Price to Erupt to $20,000 in 2020

BITCOIN COULD REACH 0K NEXT YEAR DUE TO INSTITUTIONAL MONEY SAYS MACRO INVESTOR RAOUL PAL!!

By admin — 3 years ago

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

Bitcoin may hit $150,000 by November 2021, according to Raoul Pal, founder and CEO of Global Macro Investor and Real Vision — and that would be the most conservative BTC scenario.

Pal believes that Bitcoin could even reach $250,000 due to the large amount of institutional money currently flowing into the BTC market.

That is what, according to Pal, makes the latest Bitcoin rally fundamentally different from 2017’s crypto bubble, which is believed to have been driven mainly by retail investors.

According to Pal, most of Bitcoin’s additional supply is currently being absorbed by PayPal, Square — which recently adopted crypto services — and Grayscale. He believes that the resulting supply squeeze is the catalyst for Bitcoin’s latest surge.

“I’ve never seen a market with this supply and demand imbalance before”, Pal said, pointing out the macroeconomic factors that are playing in Bitcoin’s favor.

Despite news on the coronavirus vaccine sparking hopes of a quick economic recovery, governments will likely need to release additional monetary stimulus to sustain their economies.

That, according to Pal, will lead to a devaluation of fiat. He believes that this together with low interest rates will propel Bitcoin’s price to new highs.

“It’s life-changing. No other asset has an upside of 5x, 10x, 20x in a short space of time,” he stated.

In other trending Bitcoin News today:

Bloomberg Lists 5 Bullish Trends For Bitcoin Price Despite ‘Thanksgiving Crash’

Bitcoin (BTC) continues to convert some of its harshest traditional critics from mainstream finance as Bloomberg admits that this bull run is nothing like 2017.

In an article on Nov. 27, the publication known for its pessimism highlighted a range of Bitcoin metrics pointing to a bullish future — despite Thursday’s $3,000 price rout.

Included as evidence were record-high Bitcoin futures open interest, non-zero wallet numbers, hash rate and the lack of correlation between Bitcoin and other macro assets.

“Just look at market technicals and Wall Street’s growing embrace of the world’s biggest digital currency,” it began.

“And while the trading doesn’t always run smoothly, the $315 billion digital coin is far deeper and more liquid than it was during last boom in 2017.”

Bloomberg referenced what it describes as “crypto diehards” who reject the idea that the current price gains are another bubble. Among them was regular Cointelegraph contributor, Mati Greenspan.

“It’s different now,” he commented.

“The last time we saw Bitcoin get this high, the blockchain was close to collapsing, but the network has had improvements since then.”

A separate interview with Bloomberg TV on Friday meanwhile saw Antoni Trenchev, CEO of the world’s biggest crypto lender Nexo, forecast Bitcoin hitting a new all-time high by the end of 2020, adding:

“The digital gold narrative is stronger than ever. If Bitcoin captures just 10% of the total market cap of gold, we will be at $50,000 in no time.”

The lack of criticism contained in the article echoes growing acceptance of Bitcoin as a genuine asset, whether investment interest is coming from retail or institutional circles.

Part of the cryptocurrency’s positive image stems from its now eight-month growth spurt versus its March crash, during which it has consistently outperformed other macro assets.

Even after its retreat to $17,000, Bitcoin’s year-to-date returns stand at 135%, against 19% for gold and 12% for the S&P 500, data from analytics resource Skew confirms.

🔥 [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/institutional-money-may-propel-bitcoin-to-250k-in-one-year-s-time-says-macro-investor

https://cointelegraph.com/news/bitcoin-analysts-explain-what-s-next-in-the-aftermath-of-btc-plunging-to-16-2k

BITCOIN WILL HIT 0K BY 2022 MAY BE ‘TOO CONSERVATIVE’ SAYS BILLIONAIRE TIM DRAPER!!

By admin — 3 years ago

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

Two years ago, venture capitalist and noted Bitcoin investor Tim Draper publicly stated that BTC will hit $250,000 by 2022.

Yet, as Bitcoin continues to gain interest from investors, Draper revealed to Cointelegraph during an interview that a $250,000 price prediction may have been conservative:

“I think it’ll certainly hit that. But a lot of people are thinking that $250,000 was a little too conservative.”

Draper also discussed the impact of the COVID-19 pandemic on the blockchain space, noting that tokenization will play a major role in solving problems related to global shipping and real estate.

Additionally, Draper shared his thoughts on decentralized finance, or DeFi, saying he wants to “‘DeFi’ the venture capitalist business” moving forward.

CT: Right now, the world is in the midst of a crisis. Which technological breakthrough will help humanity come out stronger on the other end?

TD: Tokenization will advance. We’re seeing it in real estate, global shipping and in everything where items of value need to be moved between parties.

Now, these items can be transferred over the internet, which is so useful for industries like real estate and global shipping.

In the case of real estate, you could buy a piece of my house, or you could tokenize my real estate and own a piece of that property without having to buy the whole thing.

Tokenization and shipping is also a great way for people to own containers to keep track of the entire Iot.

I think we’re going to see some extraordinary breakthroughs in shipping and also with any kind of logistic use cases.

CT: And are you still sticking with your prediction that Bitcoin will hit $250,000 by 2022?

TD: Yes, Bitcoin will hit $250,000 by 2022 or the beginning of 2023. That $250,000 is really based on a 5% market share of currencies.

I think that’s easily achievable, especially as more women start using Bitcoin, since they control 80% of retail spending. It’s really interesting that there used to be one in 15 Bitcoin wallets that women held, and now it’s advancing.

As women start using those wallets, they’ll realize this is much easier. I moved as much of my money as I felt fair into Bitcoin. And so, yes, I think it’ll certainly hit that, but a lot of people are thinking that was a little too conservative.

In other trending Bitcoin News today:

Bitcoin Price Hits $14,000 Exactly 12 Years After Whitepaper Released

The price of Bitcoin has surpassed the critical $14,000 mark, the highest level since January 2018.

The price of Bitcoin (BTC) surpassed $14,000 on Oct. 31, the day Satoshi Nakamoto released the Bitcoin whitepaper in 2008.

Since then, the world’s biggest cryptocurrency has seen remarkable and exponential growth across various areas.

Fast forward 12 years, since the October 31, 2008 release of the whitepaper, Bitcoin is in a different growth trajectory.

An institutional craze is leading the BTC rally, major financial institutions are supporting crypto assets, and the market has become increasingly liquid.

The 12-year anniversary of the Bitcoin whitepaper is particularly special for Bitcoin because it marks the third post-halving cycle.

Every four years, Bitcoin undergoes a block reward halving, which cuts the rate at which new BTC is mined by half.

This happens because 21 million BTC can ever exist on the blockchain.

As BTC approaches its fixed supply, the rate of production gets slowed.

A halving historically has had a positive impact on the price of Bitcoin.

It reduces the pace a new BTC supply is introduced to the market.

Consequently, every four years, there is less BTC flowing into the exchange market.

🔥 [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:

Compared to the past ($1, $10, $100, $1K, $10K), we will see a short insane mania fomo peak above $100K. It’s impossible to say how high exactly. Anything between $120K and $220K I guess, based on these previous tops.https://t.co/LxYLwAJM7o

— Bit Harington (@bitharington) October 31, 2020

$15,000 by Monday #Bitcoin

— Max Keiser (@maxkeiser) October 30, 2020

Tim Draper wants to “DeFi venture capitalism,” also noting that Bitcoin will hit $250 thousand in the coming years thanks to consumer adoption. https://t.co/lrb1zJhM1s

— Cointelegraph (@Cointelegraph) October 30, 2020

https://www.wsj.com/articles/cash-is-trash-so-lets-bet-425-million-on-bitcoin-11604070071

https://cointelegraph.com/news/tim-draper-seeks-to-defi-the-venture-capital-business-with-bitcoin

https://cointelegraph.com/news/bitcoin-price-hits-14-000-exactly-12-years-after-whitepaper-released

BITCOIN JUST POSTED THE “MOST IMPORTANT BREAKOUT” IN BTC HISTORY!! Chainlink 97X Return Since ICO!!

By admin — 3 years ago

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

“This is the most important Bitcoin breakout in BTC history”, says popular Crypto analyst CryptoBirb.

He’s referring to Bitcoin’s recent ability to break above a descending trendline and bull pennant that has been formed since the 2017 peak.

We saw a similar breakout in June of 2016, which is what sparked the massive uptrend that ultimately resulted in Bitcoin seeing a parabolic move to $20,000 in late-2017.

If history rhymes, this could mean that Bitcoin is entering the early phases of its next major bull trend.

ANALYST: BITCOIN MAY “TELEPORT” TO $13,000 IF IT BREAKS KEY LEVEL

Bitcoin is stuck beneath $12,000. This stalling momentum comes after the cryptocurrency incurred an incredibly strong uptrend that had led it from lows of $9,000 to highs of $12,000 in a matter of weeks.

The cryptocurrency’s ongoing consolidation phase suggests that buyers don’t have enough buying pressure to shatter the resistance that sits just above where it is currently trading.

It may also indicate that buyers are losing their momentum. Nonetheless, BTC is still just a hair away from closing above a crucial level that could allow it to “teleport” up towards $13,000.

It is essential to consider that BTC is currently in a multi-day consolidation phase directly after being caught within a strong bull trend.

This isn’t an uncommon occurrence within bull markets, and BTC could even dip lower while still maintaining its market structure.

The crucial level that buyers need to defend going forward sits at $10,500, which was previously a resistance level that had held strong for nearly a year.

If this level is broken below, it may negate the strength that Bitcoin has been incurring in recent weeks.

At the moment, it does not appear that any sort of sharp downtrend is imminent, as each dip over the past several days has been rapidly absorbed by buyers.

Despite its stalling momentum, Bitcoin is just a hair away from breaking above a crucial level that could lead it to see massive upside.

One popular cryptocurrency analyst spoke about this level in a recent post, noting that a close above the region between $11,800 and $12,000 could be all that is needed for BTC to “teleport” to $13,000.

“Weekly close above and you will witness an immediate teleportation to 13k,” he said.

In other trending Bitcoin News today:

ChainLink (LINK) Inches Closer to 100x in Returns Since ICO

Going back in time to September 2017 during ChainLink’s ICO, we find that the price per LINK on offer during the crowd sale was $0.11.

Doing the math and using the new all-time high value of $10.77, this translates to a return on investment of 97X.

This, in turn, means that for every $100 spent during the ICO period, investors are in profit to the amount of $9,700.

According to CoinCodex, those who used Ethereum and Bitcoin to participate in the Chainlink crowdfunding, have an ROI of 32.54x and 71.30x respectively.

Additionally, LINK marines are very much confident regarding the fundamentals governing the upward trajectory of ChainLink.

Some LINK marines have gone as far as declaring that they will start taking profits when the digital asset hits $100.

Below is one tweet that demonstrates investor confidence in ChainLink.

“We aren’t taking profits until $100”

🔥 [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:

Breakout from range confirmed when:➡️ successful retest of resistance as support (bouncing from it)➡️ bounce closes higher than previous high

Then and only then we can talk about 250k and endless financial freedom$BTC pic.twitter.com/0UgFUR6uCI

— Teddy (@TeddyCleps) August 6, 2020

Analyst: Bitcoin May “Teleport” to $13,000 if It Breaks Key Level

ChainLink (LINK) Inches Closer to 100x in Returns Since ICO

Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History

BITCOIN (BTC) HALVING COUNTDOWN: Top Crypto Analyst Says He’s ‘All-In’ With Just 5 Days to Go!

By admin — 3 years ago

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

A prominent cryptocurrency analyst says he’s making a hard pivot to BTC with about five days to go until the much-anticipated Bitcoin Halving.

Mati Greenspan says he’s not worried about the naysayers.

Since entering the position on April 30th, his portfolio is up 4.51% at time of publishing.

“Call it FOMO, call it blind faith, or even stupidity, I don’t care. My eToro account is now 100% allocated to BTC.”

Greenspan says the 50% drop in new supply will buoy Bitcoin price even if the rate of adoption remains the same.

“The annual inflation of Bitcoin will go from 3.65% to just 1.8%… approximately half of the global annual inflation rate. At this point, adoption doesn’t even need to grow to sustain the price anymore. Satoshi either knew what he was doing or got really lucky.”

He also cites recent comments from former SEC Chairman Arthur Levitt on a renewed, global focus on inflation.

“As governments continue to print more money it obviously takes more money to buy things with fixed supply…. People are flocking to bitcoin in search of an alternate store of wealth.”

Despite his bullish outlook, Greenspan notes that BTC remains in a descending channel dating back to July of 2019.

The BTC price is currently at the top of that channel, facing resistance at the $9,300 level.

In other trending Bitcoin News today:

Warm-up? History Shows Bitcoin May See Epic Rally After 150% Gain

Bitcoin price may be at the start of an unprecedented mid-term rally after the top-ranked cryptocurrency by market capitalization registered a 150% gain since March.

Historical data shows that when the long-term price trend of Bitcoin shifted at a local bottom with a strong reaction from buyers, it saw an extended uptrend.

Immediately after the BTC halving — now only five days away — most technical analysts foresee a minor pullback occurring.

In previous Bitcoin halvings seen in 2012 and 2016, the price of Bitcoin rallied prior to the halving and corrected right after its activation.

In the medium-term, however, the Bitcoin price tends to see a prolonged upsurge post-halving.

The first halving led to a staggering 10,000% gain, while the second halving triggered a 2,500% price increase.

On a larger time frame, the Bitcoin price technically recorded lower highs as it fell to $3,100 in December 2018 and $3,600 in March 2020.

The term “lower highs” refers to when the price of an asset falls to a low point that is still higher than the previous local bottom.

Based on the price trend of BTC since 2012, Mohit Sorout, founding partner at Bitazu Capital, suggested that the rally of Bitcoin could be just beginning after reaching $9,500.

“Live shot of BTC getting warmed up,” he said.

🔥 [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:

Raise your hand if you’re spending your stimulus check on bitcoin! 🙋‍♂️

— Mati Greenspan (tweets are not trading advice) (@MatiGreenspan) April 26, 2020

Call it FOMO, call it blind faith, or even stupidity, IDC.

My @etoro account is now 100% allocated to $BTC.

— Mati Greenspan (tweets are not trading advice) (@MatiGreenspan) April 30, 2020

“As governments continue to print more money it obviously takes more money to buy things with fixed supply…. People are flocking to bitcoin in search of an alternate store of wealth.”

Former SEC Chariman @ArthurLevitt just now on @BloombergRadio.

— Mati Greenspan (tweets are not trading advice) (@MatiGreenspan) May 4, 2020

https://cointelegraph.com/news/warm-up-history-shows-bitcoin-may-see-epic-rally-after-150-gain

https://bitcoinblockhalf.com/

BITCOIN PRICE MAY HIT ,800 BEFORE 2020 BTC HALVING | Top 5 Crypto Trading Tips For Bullish Market

By admin — 3 years ago

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

The Bitcoin Price Could Hit $16,000 Before The 2020 BTC Halving…

Bitcoin’s price action at the end of 2019 was largely unexpected; the 40% surge towards $10,000 then the subsequent crash to the $6,000s caught many with their pants down, so to speak.

But, there was at least one trader who called this turn of events: Filb Filb, a pseudonymous cryptocurrency trader known for making some crazy accurate calls, including a forecast of a ~$3,000 BTC price bottom in the 2018 bear market.

In October 2019, he published a chart, which shows that his estimation was for Bitcoin (BTC) to surge vertically to the $9,000s, then plunge to the low- to mid-$6,000s by December, to only recover back to $9,000 by January or February of this year.

In the latest edition of his Decentrader newsletter, Filb Filb wrote that Bitcoin could be on track to move to the $15,800 price point just prior to the halving.

He backed this tentative forecast by noting that prior to the previous halving, Bitcoin found a temporary top at $800, the 78.6% Fibonacci Retracement of the bull market before the halving:

“We can see that the pre halving ultimate top was around $800, or the 78.6% fib retracement. While history never repeats but often rhymes, this would actually put a top in around $15.8k.”

While his $16,000 target was based on historical trends, there is a confluence of technical analysis from Filb Filb suggesting that more upside is imminent.

In a post to his Telegram channel, Filb Filb wrote that 8/8 of the time frames he actively tracks, which includes the four-hour, one-day, and one-month candles, are signaling a buy per his indicators – “the holy grail.”

This suggests that the price of Bitcoin will surge even higher in the coming weeks and months.

🔥 [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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/4 If and when we break the $10,000, we teleport to probably $11,000 in an hour.

— light (@LightCrypto) February 7, 2020

No Asset Follows Trend Better than Bitcoin.The 2016/2017 Bull Market Mania:

On 10/13/2015, Bitcoin closed above its 200 dma & did not close under the 200 dma until 2/5/2018: 846 days of maintaining long-term trend. pic.twitter.com/pGuh7YA8nH

— Matt D’Souza (@mjdsouza2) January 18, 2020

Bitcoin vs. Altcoins: Which Will Make You More Money in 2020?

How Bitcoin Could Surge to $11,000 After Hitting Five Figures

Top 5 Crypto Trading Tips to Prepare You For the Upcoming Bull Market

Why This Top Analyst Says Bitcoin May Hit $15,800 Before 2020 Halving

BITCOIN RISE TO 0K IS INEVITABLE, REAL BTC ADOPTION ‘HASN’T EVEN STARTED’ SAYS WINKLEVOSS TWINS!!

By admin — 3 years ago

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

Gemini crypto exchange founders Tyler and Cameron Winklevoss said that the Bitcoin price will eventually hit $500,000 per BTC during a recent interview with podcast host Peter McCormack.

“The question in our mind is not so much does it get to $500,000, but how quickly,” Tyler told McCormack during the Oct. 23 podcast episode.

His thesis takes the market cap of gold and theoretical central bank allocation into consideration.

“I would sort of contend that $500,000 Bitcoin is actually pretty conservative and the game hasn’t even really started,” Cameron noted.

MicroStrategy and others buying significant amounts of Bitcoin for their treasury reserves seems to indicate that the market is beginning to shift.

“What if every Fortune 100 or 500 company does that, what if central banks start doing that?” Cameron queried. “It hasn’t even started,” he added, analogizing that Bitcoin is in the bottom of the first in a nine-inning baseball game.

“Wall Street is not here yet. Institutions aren’t in Bitcoin right now. It’s been a retail phenomenon for the last decade. So Wall Street talks about it, they’re aware of Bitcoin, but they’re not really in it from our perspective, but it’s starting to happen.”

The basis for the interview was a report from Tyler and Cameron published in August 2020, titled: The Case for $500K Bitcoin.

The brothers began constructing the report in January 2020, Cameron said in the interview with McCormack.

“We started to think about what the government has been doing with the U.S. dollar for the past decade or so and traditional sort of stores of value and hedges,” Cameron explained.

The twins halted work on the report in March when COVID gained a global foothold. They resumed the paper several months later after evaluating the economic changes brought on by the virus.

Tyler said he and his brother began buying BTC in 2012. Part of the rationale for the report stemmed from evaluating the asset’s performance amid the surrounding economy over the past decade.

While a growing number of bullish predictions for Bitcoin surfaced throughout 2020, some have remained skeptical such as gold bug Peter Schiff.

In other trending Bitcoin News today:

Bitcoin Has ‘Considerable’ Upside As It Better Competes With Gold As Alternative Currency, JPMorgan Says

Bitcoin’s 2020 surge could be set to continue as the digital cryptocurrency better competes with gold as an “alternative” currency, JPMorgan said in a note on Friday.

Bitcoin has surged more than 70% year-to-date, and this week’s announcement that PayPal would allow its users to buy, sell, and exchange the asset served as another high-level endorsement for the cryptocurrency.

Earlier this month, Square purchased $50 million worth of bitcoin as it further commits to viewing the digital currency as a long-term investment.

According to JPMorgan, the physical gold market is worth $2.6 trillion, which includes assets held within gold ETFs.

For bitcoin to catch up to gold in terms of market value, the crypto currency would have to surge 10x from current levels.

“Even a modest crowding out of gold as an ‘alternative’ currency over the longer term would imply doubling or tripling of the bitcoin price,” JPMorgan said.

And over time, crypto could be held for other reasons then being a store of wealth as gold is, according to JPMorgan.

The technicals are also pointing to a continued surge in bitcoin. According to technical strategist Katie Stockton, the cryptocurrency could surge to $14,000 as short-term momentum improves.

🔥 [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:

Holy Cow

Most bullish commentary for #bitcoin that I have read from JP Morgan

“Even modest crowding out of #GOLD takes #bitcoin up multiples.”

Widespread research piece reaches all clients of the bank.

Paypal announcement “cover” for other traditional players to get involved. pic.twitter.com/lUd8oYQ77h

— Dan Tapiero (@DTAPCAP) October 23, 2020

https://markets.businessinsider.com/currencies/news/bitcoin-price-considerable-upside-forecast-competes-gold-alternative-currency-jpmorgan-2020-10-1029716041#

https://cointelegraph.com/news/bitcoin-price-rise-to-500k-is-inevitable-winklevoss-twins-say

https://cointelegraph.com/news/bitcoin-whale-clusters-pinpoint-3-key-levels-for-btc-price-rally-to-continue

0,000 Bitcoin In 2021 If History Repeats During Next Bull Run! | 5 BTC Price Factors to Watch

By admin — 3 years ago

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

Evaluating past Bitcoin price performance, a popular cryptocurrency proponent noted that the BTC price could “moon” to $430,000 by late 2021.

Although history is not a precise indicator for future price developments, a popular cryptocurrency analyst made a compelling forecast showing that if Bitcoin repeats its 2016-2017 bull run with the same percentage increases, it will end up at $430,000 in 2021.

The primary cryptocurrency has built a reputation for beating unfavorable odds in the past.

Its volatility is well-known among investors with some historical price surges and drops.

According to the popular cryptocurrency analyst CryptoBull, if Bitcoin is to repeat its performance over the past bull run, it could end up at $430,000.

He based his views on previous multi-year cycles.

BTC reached a top in late 2013 at above $1,000 before it entered a bearish market for the next two and a half years.

It finally managed to break above the long resistance in mid-2016 and, in doing so, began one of the most impressive bull runs in its relatively short history.

In the next year and a half, Bitcoin went from $420 to an all-time high of nearly $20,000 in December 2017.

This equaled a surge of approximately 4,600%.

After the parabolic price increase of 2017/2018, BTC went again into a negative spiral for about two and a half years.

CryptoBull pointed out that it broke out of the resistance after it conquered $9,400 a few weeks ago.

As such, since the two scenarios appear identical so far, another similar increase of 4,600% will take the asset to a record of $430,000.

Per CryptoBull’s chart, BTC could reach $430,000 in late 2021.

Perhaps this sounds a bit far-fetched to most now since Bitcoin has just entered the low five-figure price range.

Additionally, with over 18,5 million bitcoins mined by then, this would skyrocket the asset’s total market cap to $7,955,000,000,000 (almost $8 trillion).

This will place Bitcoin very close to the current gold’s market cap of over $10 trillion.

In other trending Bitcoin news today:

Best Weekly Close Since $20K? 5 BTC Price Factors to Watch This Week

Looming Bitcoin futures gaps and mainstream interest are providing the perfect environment for another week of volatility.

Bitcoin (BTC) begins a new week at over $11,000 after a wild weekend saw the market crash $1,200 in minutes — will the chaos continue?

Here’s five factors that could easily impact Bitcoin price action over the coming days:

1. Bitcoin futures gaps keep building

More than usual, this week looks set to be big in terms of Bitcoin-specific market phenomena.

2. Warnings over US dollar’s downfall

The situation is precarious — Bitcoin’s rise over the past few weeks has come as the dollar sees a protracted fall.

At the same time, investors have rushed into safe havens such as gold and silver.

3. Gold on track for $2,000

Gold sentiment may act as a precursor to any changes in Bitcoin’s progress.

The precious metal remains at all-time highs in USD terms, on track to pass the psychologically significant $2,000 mark.

4. Consumer BTC interest is palpable

“People are trying to jump on momentum.

The entire crypto market is a microcosm of everything happening in stocks,” analyst Mati Greenspan summarized to the Wall Street Journal.

5. Altcoins aren’t done yet

Bitcoin is still tussling with altcoins in terms of profitability, with Ether continuing to crush long-term resistance on multiple timeframes.

🔥 [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/goldman-sachs-gold-will-hit-2-300-by-2022-what-about-bitcoin

https://cointelegraph.com/news/best-weekly-close-since-20k-5-btc-price-factors-to-watch-this-week

https://cryptopotato.com/if-history-repeats-bitcoin-price-at-430000-during-next-bull-run/

Bitcoin is targeting $288K Stock-to-Flow Price ‘Like Clockwork’ – PlanB

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Bitcoin Will Soon See the Exact Same Signal That Marked the Start of a 4,000% Rally

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Bloomberg Lists 5 Bullish Trends For Bitcoin Price Despite ‘Thanksgiving Crash’

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Bitcoin Price Hits $14,000 Exactly 12 Years After Whitepaper Released

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ANALYST: BITCOIN MAY “TELEPORT” TO $13,000 IF IT BREAKS KEY LEVEL

ChainLink (LINK) Inches Closer to 100x in Returns Since ICO

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Warm-up? History Shows Bitcoin May See Epic Rally After 150% Gain

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The Bitcoin Price Could Hit $16,000 Before The 2020 BTC Halving…

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Bitcoin Has ‘Considerable’ Upside As It Better Competes With Gold As Alternative Currency, JPMorgan Says

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Best Weekly Close Since $20K? 5 BTC Price Factors to Watch This Week

1. Bitcoin futures gaps keep building

2. Warnings over US dollar’s downfall

3. Gold on track for $2,000

4. Consumer BTC interest is palpable

5. Altcoins aren’t done yet

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