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BITCOIN WILL HIT NEW HIGH ‘IN NEAR TERM’ AS BUFFET EXISTS USD, SAYS MAX KEISER! 0K BTC PREDICTION

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The U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs, says Max Keiser.

In his latest forecast for macro, the RT host warned that safe havens would seriously outperform fiat.

Buffett, he implied, knew what was coming. “Buffett’s move into Japan, along with his gold investment, confirms he’s getting out of USD bigly,” Keiser wrote on Twitter on Monday.

“USD is trending lower today, about to break key support. Bitcoin – Gold – Silver Will all make new ATH in the near term.”

He was referring to Buffett’s move into Japanese assets, taking a 5% stake in the country’s five biggest trading houses in a move totaling $6 billion, Reuters reported.

“The five major trading companies have many joint ventures throughout the world and are likely to have more. I hope that in the future there may be opportunities of mutual benefit,” the publication quoted him saying.

The announcement came days after the Federal Reserve confirmed that it would let inflation rise above its 2% target as a temporary measure, something that weighed heavily on the dollar.

After volatility, the USD currency index (DXY) began plunging to new depths on Monday, bouncing off its lowest levels in two years.

Late in July, when those levels first appeared, Bitcoin saw a price jump to $12,500.

As Cointelegraph reported, expectations remain that further dives in the DXY will produce similar effects.

Buffett, meanwhile is well known for his macro moves, even as he remains a steadfast Bitcoin skeptic.

Last week, the so-called “Buffett Indicator” warned about a stock market crash, even as large-cap equities continued their climbs higher.

Prior to that, Anthony Pompliano, co-founder of Morgan Creek Digital, publicly bet on Buffett eventually buying Bitcoin after he revealed his move into gold.

At the time, Keiser claimed that the gold entry alone would spark a run among investors, helping push BTC/USD to $50,000. P

erhaps Buffett’s most famous quip about Bitcoin is from 2018 when he referred to cryptocurrency as “rat poison squared.”

In other trending Bitcoin News today:

Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K

The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change.

Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation.

Bitcoiners view the Fed’s announcement as bullish. Following Powell’s speech, a number of people took to social media to remind others of the benefits bitcoin offers.

Mimesis Capital Louis Liu wrote, “Powell is friend of bitcoin,” while many others chimed in to just say “buy bitcoin.”

Abra CEO Bill Barhydt commented:

“Bitcoin doesn’t need the Fed to succeed but if they insist on throwing gasoline on the fire then so be it.”

“The Fed, under the leadership of Jerome Powell, continues to be Bitcoin’s biggest booster,” Gemini Exchange co-founder Tyler Winklevoss wrote.

He made a case on Thursday for a $500K bitcoin as “ultimately the only long-term protection against inflation.”

He explained that the price of the cryptocurrency could appreciate 45 times from today’s price, meaning it could hit $500K per coin or even higher.

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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 #BITCOINBullish. Reached the $12,000 area that I’ve pointed since the low.

Would like to see consolidation above $11,600 here. If that happens, we’ll most likely see a rally towards $12,400 and new highs. $ETH already painting the way. pic.twitter.com/Kcf6y8PvRF

— Crypto Michaël (@CryptoMichNL) September 1, 2020

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

https://news.bitcoin.com/federal-reserve-inflation-bitcoin-price-500k/

https://cointelegraph.com/news/huge-ethereum-buy-wall-sends-eth-to-a-19-month-high-against-bitcoin

https://cointelegraph.com/news/bitcoin-will-hit-new-high-in-near-term-as-buffett-exits-usd-keiser

Bitcoin Price Rises to ,500 | BTC Meets Banking As US Bank Regulator Permits Crypto Custody

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Bitcoin price broke out from a tightening range to rally above $9,500 but will BTC hold above the crucial resistance level?

Perhaps the move is purely technical as Bitcoin has been compressing into a tighter range of higher lows and lower highs since early June, or possibly investor sentiment has been buoyed by the following massive breaking Bitcoin news today:

US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks

The Office of the Comptroller of the Currency (OCC) has given permission to allow federally chartered U.S. banks to provide clients with crypto custody services. 

This is a positive step forward as it removes some of the rigamarole involved in acquiring and storing cryptocurrency, meaning, crypto investors will eventually be able to hold their digital assets in the same bank where they keep their checking, savings, and brokerage accounts. 

The recent announcement from the European Union to kickstart another $857 billion euro round of stimulus and the expectation that the U.S. Federal Reserve will follow suit with a $1 to $2 trillion economic stimulus package could also be boosting investors’ belief that as long as the Fed is printing, equities will rise and Bitcoin will soon make another run at $10,000. 

This issue has seen much skepticism, given that crypto wallets do not resemble the custody requirements of other sorts of assets. Nonetheless, in its interpretive letter on the subject, the OCC wrote: 

“The OCC recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers.”

In the words of the announcement, the new opinion “applies to national banks and federal savings associations of all sizes.”

The OCC’s letter further specifies that bank “custody” of crypto assets is dependent on their access to the keys to the crypto wallets rather than any sort of physical requirement — a confirmation of Andreas Antonopoulos’ famous line of “not your keys, not your coins.” the OCC specifies:

“That national banks may escrow encryption keys used in connection with digital certificates because a key escrow service is a functional equivalent to physical safekeeping.”

In regards to the new rounds of stimulus Gemini exchange co-founder and CEO Tyler Winklevoss suggested that: 

“The Fed continues to set the stage for Bitcoin’s bull run.”

Central bank printing continues to push the markets higher In traditional markets, silver started off the week with a strong pump which completed a nice cup and handle pattern on the daily timeframe, and at the time of writing the asset is up 19.25% for the week. 

Gold has also continued its upward trajectory by pushing to a new high at $1,874 today. To date, gold has gained 29% since the coronavirus-driven market correction occurred in mid-March.

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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:

Once there is attention, these illiquid altcoins then get a surge of buyersPushing the price up even more

You can see that with many defi alts $BAND caught on and ppl piled in, this week $ALEPH (both solid btw), next week will be be another

Always another trade to be made

— Josh Rager 📈 (@Josh_Rager) July 22, 2020

The altcoin chart set-ups that get the least engagement usually pump the hardestThat’s because most people arent in & that same mass of people won’t care unless you’re sharing about an asset they’re in

Until after that alt pumps – that tends to grab attention

— Josh Rager 📈 (@Josh_Rager) July 22, 2020

OK, there is the first lift in the BB Squeeze. Now we need to see follow through or we’ll be setup for real trouble, a Head Fake. $BTCUSD

— John Bollinger (@bbands) July 21, 2020

https://cointelegraph.com/news/us-banking-regulator-green-lights-crypto-custody-at-federally-chartered-banks

https://cointelegraph.com/news/bitcoin-price-rises-to-9-500-as-2-trillion-fed-stimulus-expected

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In other Bitcoin news today:

The Bitcoin (BTC) market has recently surpassed the activity levels of late 2017, when BTC started its historical rally that shot prices to an all-time high above $19,900

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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:

1/ Combining net $USDT & net $BTC flows

Reading chart: Left axis is net $USDT flows – net $BTC flows. So, for example, a $100M tether inflow & $100M btc outflow equals +$200M (both are bullish). In reverse, $100M tether outflow & $100M btc inflow equals -$200M (both are bearish) pic.twitter.com/KsPEK3Y87N

— Ceteris Paribus (@ceterispar1bus) November 11, 2019

Massive volume in BitcoinGuess what? Things are not as they may seem.Shrinking Spot market volume has been more than compensated for. Futures have swallowed the Spot market. BTC 90 day Volume was recently 40% more than the 2017/18 peak.

This has powerful implications. pic.twitter.com/LXRoF9NXoG

— Charles Edwards (@caprioleio) November 11, 2019

Bitcoin 90-Day Volume Breaks Bullish Above Peak 2017 Levels

3 Crucial Reasons Why Bitcoin Is Ready to See a Sharp Rally After 15% Drop | BTC ‘Hodl Wave' Data

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Bitcoin has been subject to troubling price action over the past week.

At the local lows, BTC traded as low as $8,600 on some exchanges — approximately 15% shy of the highs before bouncing back above to the $9,100 support this morning.

It should come as no surprise that some have taken the recent price action as a death knell for Bitcoin’s bull trend, which began in March when the asset rallied strongly off the $3,700 lows.

Yet the bearish trend may soon come to an end. Crucial fundamental and technical factors, in fact, have shown that BTC is primed to revert back into a rally after the recent correction.

Three of these factors are as follows.

#1: Bitcoin Prints Textbook Falling Wedge Pattern

According to a prominent crypto trader, Bitcoin is printing a textbook bullish sign: a falling wedge. Falling wedges, studies suggest, have a high likelihood of breaking higher. Such patterns have also preceded strong gains in the Bitcoin market over the past few months.

#2: Tensions Between the U.S. and China Grow; Yuan Crushed

Since our last report on the situation between the U.S. and China due to the Hong Kong democracy movement, things have become worse due to fears of sanctions.

The Chinese yuan, as Twitter account “Yuan Talks” noted, is at its weakest level since September 2019 — the peak of the 2019 trade war. Bitcoin stands to benefit as it can act as a safe-haven for Chinese investors trying to mitigate the risks of a falling domestic currency.

Chris Burniske, a partner at Placeholder Capital, explained: “If China’s CNY continues to weaken against USD, then we could have a 2015 and 2016 repeat, where BTC strength coincided with yuan weakness.”

#3: Central Banks and Governments Continue to Print Trillions, Boosting Bitcoin Bull Case

Due to the outbreak of an illness, the global economy has been thrown into a recession.

Dozens of millions have become under/unemployed, while consumer confidence, spending, and other key economic metrics have fallen off their respective cliffs.

It’s a trend that has forced governments to respond by printing money, boosting Bitcoin’s intrinsic value.

Japan made this much clear recently. According to global markets tracker FXHedge, which shares news headlines related to the global economy, a new document suggests that the Japanese government is looking to implement a stimulus package worth 117.1 trillion yen — $1.1 trillion.

Although this isn’t likely to cause instant inflation — Japan has been nearly deflationary for years upon years now — analysts say this stimulus and others like it are bullish for Bitcoin.

In other trending Bitcoin News today:

Bitcoin ‘Hodl Wave’ Data Has Now Been Calling a Bull Run for 5 Months

Hodl waves show that over 60% of the supply has not moved for a year or more, something which historically has signaled price upside.

“60% of all bitcoin has not moved on the blockchain for at least 1 year. This is an indication of significant hodl’ing. The last time this happened was in early 2016, at the start of the bull run.”

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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:

60% of all bitcoin has not moved on the blockchain for at least 1 year. This is an indication of significant hodl’ing.

The last time this happened was in early 2016, at the start of the bull run.#bitcoin pic.twitter.com/Rh5efLHOD0

— Philip Swift (@PositiveCrypto) May 26, 2020

Goldman Sachs is hosting a client call today at 10:30 AM EST discussing inflation, gold and bitcoin. There’s a lot of conjecture floating around as to the content.
I will be on the call and will let you know what they actually say. pic.twitter.com/VJkxaPpUzB

— The Wolf Of All Streets (@scottmelker) May 27, 2020

https://cointelegraph.com/news/bitcoin-hodl-wave-data-has-now-been-calling-a-bull-run-for-5-months

BITCOIN PRICE CAN STILL HIT $450K IN 2021, $135K IS ‘WORST-CASE SCENARIO’ SAYS PLANB!!

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Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the “worst case scenario.” That’s according to analyst PlanB, who on June 20 released his latest sentiment-busting bullish BTC price prognosis.

“Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug 47K, Sep 43K, Oct 63K, Nov 98K, Dec 135K.

Wait until you seen my base case and best case scenarios! OK, a hint: best case Dec $450K”

In other trending Bitcoin News today: Rich Dad Poor Dad’s Robert Kiyosaki Warns of ‘Biggest Crash in World History’ — Expects $24K Bitcoin Price. Famous author and investor Robert Kiyosaki has predicted that the biggest crash in the history of the world is on the way.

“Biggest bubble in world history getting bigger. Biggest crash in world history coming. Buying more gold and silver. Waiting for bitcoin to drop to $24K. Crashes best time to get rich.”

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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 is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down.

There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K pic.twitter.com/hDONOVgxH1

— PlanB (@100trillionUSD) June 20, 2021

https://cointelegraph.com/news/bitcoin-price-can-hit-450k-in-2021-135k-is-worst-case-scenario-planb

https://news.bitcoin.com/billionaire-steve-cohen-deep-dive-into-crypto-fully-converted-not-missing-this/

https://news.bitcoin.com/rich-dad-poor-dads-robert-kiyosaki-biggest-crash-in-world-history-24k-bitcoin-price/

https://cointelegraph.com/news/china-s-3rd-largest-bank-rugs-btc-5-things-to-watch-in-bitcoin-this-week

BITCOIN BREAKING OUT!! | Massive BTC Symmetrical Triangle Points to K | Ethereum (ETH) 2.0 Update

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The Bitcoin price rose to as high as $10,272 on July 26 in an unexpected weekend rally.

It liquidated $74 million worth of long contracts on BitMEX alone, catching many traders off guard.

There appear to be two main reasons behind the abrupt upsurge of Bitcoin from $9,700 to over $10,200.

They are the liquidation of over-leveraged shorts and traders taking profit from over-extended alternative cryptocurrencies (altcoins).

When the price started to rally, major altcoins, as well as well-performing DeFi tokens, began to slump.

Ethereum declined from $322 to $311, and DeFi tokens, including Aave and YFI, saw steep rejections. 

The simultaneous rejections of major altcoins and the price surge of Bitcoin suggest that traders took profit from recent altcoin rallies.

As traders moved their altcoin gains to Bitcoin, it possibly triggered a BTC uptrend, while altcoins declined.

ETH, as an example, rose from $247 on July 23 to $322 on the day’s peak, recording a 30% gain.

Despite the strong sentiment around altcoins, investors are possibly taking a more cautious approach by hedging their gains.

When Bitcoin initially broke over $10,000, it triggered over-leveraged short contracts to become liquidated.

When BTC reached $10,200, it caused a cascade of liquidations to occur, totaling $74 million.

Bitcoin has seen many phases when more than $50 million worth of short or long contracts gets liquidated.

But for this to occur within a span of a few hours is less typical.

The mass liquidations of long contracts at $10,000 also suggest that the $10,000 to $10,200 remains as a heavy resistance area.

As soon as BTC hit $10,200, the price dropped below $10,000, marking a short-lived rally.

As the price of Bitcoin recovered strongly in recent weeks, some industry executives and investors expressed optimism toward BTC and ETH.

“Are you ready?” Grayscale CEO Barry Silbert tweeted when Ether price broke out of the dreaded $280 resistance level on July 25.

Well-known trader Peter Brandt, meanwhile, expects the price of Bitcoin to hit a new record high and eventually make its way to $50,000. He said:

“That is actually where my head is. Massive symmetrical triangle in $BTC points to ATHs, then $50k.”

In other trending Bitcoin news today:

Everything You Need to Know About Ethereum 2.0

The yearslong upgrade – intended to radically transform the world’s largest smart-contract platform – is inching closer to deployment.

The Ethereum Foundation recently announced “Medalla,” a final testnet before the mainnet launch of the Eth 2.0 beacon chain.

As of July 10, some developers, including Ethereum founder Vitalik Buterin, estimate the oft-delayed Eth 2.0 will launch by the end of this year. 

When phase zero of Eth 2.0 does ship, little about Ethereum will change in the near term for users and dapp developers.

This is because unlike all other system-wide upgrades in Ethereum history, the Eth 2.0 overhaul will primarily be happening on a different blockchain.

The first phase of development for Eth 2.0 is centered around the creation of a separate proof-of-stake blockchain network called the beacon chain.

On this new network, ETH holders with a minimum of 32 ETH can earn rewards in the form of annualized interest on their wealth.

To earn these rewards, ETH holders must have the appropriate hardware and software connecting to the beacon chain and a strong understanding of how the technology works. 

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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:

#DeFi platforms are red-hot with nearly $1b in collateral pledged. Oracles empower not only DeFi, but just about everything that 2nd & 3rd-generation cryptos do. So, it’s hardly an exaggeration to say that #Chainlink will lie at the heart of the #crypto revolution going forward.

— Weiss Crypto Ratings (@WeissCrypto) July 24, 2020

That is actually where my head is. Massive symmetrical triangle in $BTC points to ATHs, then $50k

— Peter Brandt (@PeterLBrandt) July 25, 2020

https://www.coindesk.com/everything-you-need-to-know-about-ethereum-2-0

https://cointelegraph.com/news/why-bitcoin-suddenly-spiked-to-10-200-liquidating-75m-in-fast-rally

BITCOIN (BTC) PRICE NOW TARGETING K!!! | XRP Ready To Explode!

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Cryptocurrency analyst, Crypto Michaël tells his 43,000 followers on Twitter that several key Bitcoin (BTC) price metrics are looking solid after Friday’s big 42% rally.

Michaël says the current BTC price action is comparable to 2016 and his new Bitcoin price target is $17,000 to $20,000.

On Crypto Twitter he shared:

  • 100-Week MA test completed and held, similar to beginning 2016.
  • Back above 200-Day MA & EMA, important indicators.
  • Holding trendline as well.

“2016 period and now are still comparable in which targeting $17,000-20,000 prior to halving is realistic.”

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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:

$BTC #BITCOIN✅ 100-Week MA test completed and held, similar to beginning 2016.✅ Back above 200-Day MA & EMA, important indicators.✅ Holding trendline as well.

2016 period and now are still comparable in which targeting $17,000-20,000 prior to halving is realistic. pic.twitter.com/TPrQwJFxBX

— Crypto Michaël (@CryptoMichNL) October 26, 2019

New video, How and Why Bitcoin price had a blast off this week

Plus the $100 $BTC winner for this week

Would love to have you subscribe and leave a comment

Cheers!https://t.co/bRNDFq0LJ5

— Josh Rager 📈 (@Josh_Rager) October 26, 2019

Interest in Bitcoin in China has barely edged up. Chart shows Baidu searches for Bitcoin (blue) vs Blockchain (red). Looks very conclusive to me, particularly so given the price spike. pic.twitter.com/UGwU5416jO

— Alex Krüger (@krugermacro) October 26, 2019

WILL BITCOIN PRICE HIT ,000 POST HALVING?! | BTC Just Passed K Yet Again: What's Next?

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

Many analysts asserted that 2020 would be a strong year for the Bitcoin price long before the current global economic crisis began.

Most notably, the flagship cryptocurrency was expected to jump after May’s block reward halving.

New data now suggest that these BTC predictions are still on-track.

Analyst PlanB continues to stand by the assertion that Bitcoin’s stock-to-flow ratio points to extremely high gains after the halving.

This metric is determined by comparing present inventory to production and is a common tool used to gauge the value of hard commodities such as precious metals.

PlanB has just tweeted:

“So btc has been oscillating around S2F value of $7000 for 2.5 years now. Just like before 2016 halving ($300) and before 2012 halving ($6). Excited to see if we are going to add another zero after the halving in May.”

Thus, although a prediction of USD $70k may seem outlandish, it would be perfectly in-line with previous gains for the flagship cryptocurrency.

Also, there is no doubt that the capital exists to drive Bitcoin this high, as well as the public interest.

In fact, government responses to the impending recession may make Bitcoin and other cryptocurrencies even more attractive.

A just-published article on HackerNoon asserts that the banks and legacy financial companies are all but certain to receive massive bailouts, just as they did in 2008.

However, unlike twelve years ago, the infuriated public has the opportunity to put their assets into crypto, which will boost prices.

Author Mark Helfman writes: “Don’t underestimate the potential for this financial crisis to spur people into buying crypto and building businesses around crypto-based products, services, and processes.

People might get so angry that they look for an “out” that doesn’t involve the banks, governments, and corporations.”

It is worth noting that Bitcoin was born out of frustration with central banks, and the U.S. government’s willingness to prop up incompetent and corrupt financial institutions.

It is safe to assume that a repeat of this cronyism would only drive more investors into the crypto space.

Market activity notwithstanding, the development and adoption of Bitcoin and other cryptocurrencies are rapidly taking place.

Of particular note is the institutional embrace of blockchain technology by a wide range of industrial sectors.

Also, whereas fiat remains strong for purchases, the world is increasingly turning to crypto for remissions and financial transfers.

It is these real-world use cases that will play a key role in driving up Bitcoin’s value.

In other words, the central bank-issued fiat must now compete with a new asset class that offers many clear advantages.

When placed in this context, predictions of much higher Bitcoin prices are very realistic.

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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:

So #btc has been oscillating around S2F value of $7000 for 2.5 years now. Just like before 2016 halving ($300) and before 2012 halving ($6). Excited to see if we are going to add another zero after the halving in May🚀 pic.twitter.com/2pkCgOSAEN

— PlanB (@100trillionUSD) April 4, 2020

Bitcoin Just Passed $7,000 Yet Again: What Do Analysts Think Is Next?

Bank of Korea Begins Central Bank Digital Currency Rollout

Bitcoin Follows Pre-Bull Run Pattern That Sent Amazon Stocks Soaring

Will Bitcoin Price Hit $70,000 Post Halving?

ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC – ‘I MIGHT PUMP BUT I DON’T DUMP’

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

Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability.

Musk appeared alongside Ark Invest CEO Cathie Wood, Twitter CEO Jack Dorsey and moderator Steve Lee from Square Crypto. Musk did not reveal any additional details about SpaceX’s purchase apart from saying:

“I do own Bitcoin; Tesla owns Bitcoin; SpaceX owns Bitcoin; and I do personally own a bit of Ethereum and Dogecoin of course.”

He did add that: “We’re not selling any Bitcoin, nor am I selling anything personally or nor is SpaceX selling any Bitcoin.”

The statement confirms longstanding speculation that the space infrastructure company was adding Bitcoin to its reserves. In mid-March, Anthony Scaramucci claimed in a tweet that he believed Musk did not stop with just Tesla’s purchase.

“Elon Musk didn’t stop with Tesla. I understand that SpaceX owns bitcoin on its balance sheet. Elon owns over $5 billion in bitcoin via Tesla, SpaceX, and personally.”

In other trending Crypto News today: Ethereum Could Skyrocket Over 860% in 2022, Predicts Top Crypto Analyst!

Based on Ethereum’s 2017 price action, Kaleo predicts that ETH will stage a parabolic rally from its high timeframe support en route to a new all-time of $18,000 by July 2022. The potential move represents an increase of over 862% from Ethereum’s current price of $1,870.

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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:

Ethereum Could Skyrocket Over 860% in 2022, Predicts Top Crypto Analyst

https://cointelegraph.com/news/spacex-owns-bitcoin-elon-musk-and-nic-carter-believe-btc-is-becoming-greener

https://cointelegraph.com/news/bitcoin-traders-split-on-40k-chances-as-altcoins-eye-potential-80-150-gains

TOP TRADER PREDICTS MASSIVE BITCOIN AND ETHEREUM RALLIES FOR SECOND HALF OF THIS YEAR!!

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

A closely-followed crypto trader is predicting giant rallies for Bitcoin and Ethereum before the turn of the new year, but there’s a catch. In a series of tweets, the pseudonymous trader and analyst known as Kaleo lays out gargantuan predictions for BTC and ETH in the coming months.

Among other things, Kaleo predicts that before 2022 rolls around, Bitcoin shatters $100,000 and Ethereum breaks through $10,000, all while altcoins rally hard.

“My predictions for the second half of 2021:

– $BTC enters 6 figure price discovery

– $ETH breaks above $10K

– We see one more major alt season

– More institutional / government adoption 

– More institutional / government FUD

– Cryptunez gets a girlfriend

– Bears remain bearish”

In other trending Bitcoin News today: Here’s When the Altseason Rocket Takes Off, According to Crypto Trader Tyler Swope! Even though Bitcoin can’t seem to recover the $40,000 level and Ethereum is toying with dropping down to $2,000 again, Swope tells his 253,000 subscribers that there will be another altseason, and it will come sooner than some may think.

“There will be more than a few other altseasons coming this year, and a big one I project happening begins in July – around the middle of it. There are already signs the market wants this to happen.”

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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.

Show Notes / Resources:

My predictions for the second half of 2021:

$BTC enters 6 figure price discovery

$ETH breaks above $10K– We see one more major alt season– More institutional / government adoption – More institutional / government FUD– Cryptunez gets a girlfriend

– Bears remain bearish

— K A L E O (@CryptoKaleo) June 17, 2021

https://cointelegraph.com/news/bitcoin-price-dips-below-34k-as-grayscale-starts-giant-btc-unlocking