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

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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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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

MODELING BITCOIN WITH CENTRAL BANK BALANCE SHEETS IMPLIES A M BTC PRICE!! DEFI YFI PEAKS AT K!

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Institutional investor and creator of the Bitcoin Stock-to-Flow valuation model known as PlanB, for fun did some BTC price modeling with central bank balance sheets which implies a $20,000,000 Bitcoin price.

The pseudonymous trader tweeted,

“Modeling bitcoin price with central bank balance sheets (FED+ECB). 90% R2. Recent QE fueled explosion of FED and ECB balance sheets to $7T and $6.4T implies a BTC price of … $20M”

Rich Dad Author Robert Kiyosaki added his sentiment regarding the out of control money printing by the Fed…

“WHY SAVERS ARE LOSERS. Fed announces interest rates to be kept low for at least 5 years as Fed prints trillions in FAKE $. Tesla & Apple split stocks 4 to 1 printing FAKE stocks. Savers of FAKE $ and FAKE stocks feel richer till CRASH. Then Gold, Silver, Bitcoin biggest winners.”

In other trending Bitcoin News today:

3 Key Metrics Show Bulls Control Bitcoin Price Despite $12K Resistance

Bitcoin (BTC) price dropped by as much as 10% this week and while this might be scary for day traders, the 3-day chart shows the downside move hardly made a dent on the current market structure.

This holds especially true when considering that the $12,500 level hasn’t been touched in over 13 months.

Currently, analysts are making $16,000 price targets partially due to a CME gap and the expectation that U.S. inflation will rise higher.

While short-term traders confabulate whether the Aug. 28 CME futures and options expiry caused the dip seen in the past few days, on-chain data reveals holders have become more robust than ever.

63% of UTXOs haven’t been touched for over a year, something without precedent.

These holders faced a 53% dip over the thirty days leading into March 13, but even the Black Thursday crash did not entice them to move their BTC.

And in other trending Cryptocurrency news:

DEFI TOKEN YFI PEAKS AT $38,682, MORE THAN 3X PRICE OF BITCOIN

Yearn Finance and the project’s native token YFI has jumped significantly in value.

Last week, YFI made headlines for outpacing bitcoin (BTC) by price per coin, as the YFI token value spiked to $16k on August 20.

On Friday, YFI was averaging around $17-18k per coin, and the value leaped even higher during Saturday afternoon’s (ET) trading sessions.

According to market data, YFI touched an all-time high of over $38,000 on August 29. Presently, the value is hovering around $30,000.

This week, an individual on Twitter, asked the Yearn Finance founder why he was talking with the FTX exchange CEO Sam Bankman-Fried.

Andre Cronje did not detail what Yearn Finance and FTX were collaborating on, but he did confirm that some kind of partnership was in place.

“Guess the cat is out of the bag,” Cronje tweeted. “But just so that there is some expectation management, this is a long roadmap that we are working on, so it won’t be anything anytime soon. But there will be something very sexy in the future.”

In addition to the FTX topic, the defi token YFI was also recently listed on the lending platform Aave this week. Aave has also been making headlines in recent days for its total value locked (TVL), and the project’s electronic money license granted by the UK’s Financial Conduct Authority (FCA).

Yearn Finance has also revealed a new insurance primitive this week called “yinsure.finance.”

The Yearn development team published an article about the yinsure.finance subject which states:

We will systematically be releasing yinsure.finance, a prototype for a new kind of tokenized insurance.

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

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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:

Friday Fun: modeling #bitcoin price with central bank balance sheets (FED+ECB). 90% R2. Recent QE fueled explosion of FED and ECB balance sheets to $7T and $6.4T implies a BTC price of … $20M💥💥💥 pic.twitter.com/WPS8Ft9B2r

— PlanB (@100trillionUSD) August 28, 2020

WHY SAVERS ARE LOSERS. Fed announces interest rates to be kept low for at least 5 years as Fed prints trillions in FAKE $. Tesla & Apple split stocks 4 to 1 printing FAKE stocks. Savers of FAKE $ and FAKE stocks feel richer till CRASH. Then Gold, Silver, Bitcoin biggest winners.

— therealkiyosaki (@theRealKiyosaki) August 29, 2020

https://news.bitcoin.com/defi-project-yearn-finance-smashes-records-as-native-token-surpasses-30k/

https://cointelegraph.com/news/3-key-metrics-show-bulls-control-bitcoin-price-despite-12k-resistance

2 Genuine Reasons Why Bitcoin Price Will Hit ,000 Soon | Top 20 Best Cryptocurrencies in 2020

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With the Bitcoin price climbing an astonishing 9 million percent, that makes BTC the best preforming asset in the past decade.

Coming into the first quarter of 2020, offbeat asset Bitcoin is already proving to be the year’s best investment.

The benchmark cryptocurrency’s upside run has returned roughly twenty-fold returns in January.

Its rate peaked at over $9,190 on Coinbase exchange on the 19th.

In comparison, it was trading at a mere $6,300 on December 18th, 2019.

Whether speculative or real, the gains have left investors under a spell.

Meanwhile, the market is serving more bullish narratives for the year 2020, many of them predicting the Bitcoin (BTC) price to close above its historical high of $20,000.

Top 20 Best Cryptocurrencies in 2020: Which Coins to Watch For This Decade

In today’s show I share a list of the top 20 best Cryptocurrencies to watch for in 2020 and beyond.

Check out the biggest, most popular promising crypto-assets to consider investing and buying this decade.

Peter Schiff Lost His Bitcoin, Claims Owning Crypto Was A ‘Bad Idea’

“I just lost all the Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad!”

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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:

I just lost all the #Bitcoin I have ever owned. My wallet got corrupted somehow and my password is no longer valid. So now not only is my Bitcoin intrinsically worthless; it has no market value either. I knew owning Bitcoin was a bad idea, I just never realized it was this bad! pic.twitter.com/6SJvDJOZU6

— Peter Schiff (@PeterSchiff) January 19, 2020

Heightened geopolitical risk has resulted in both gold and Bitcoin moving higher, but for different reasons. #Gold is being bought by investors as a safe haven. #Bitcoin is being bought by speculators betting that investors will buy it as a safe haven.

— Peter Schiff (@PeterSchiff) January 3, 2020

Top 20 Best Cryptocurrencies in 2020: Which Coins to Watch For This Decade

2 Genuine Reasons Why Bitcoin Will Hit $20,000 in 2020

https://cointelegraph.com/news/peter-schiff-lost-his-bitcoin-claims-owning-crypto-was-a-bad-idea

Bitcoin Price Can Hit K When US Banks Invest 1% of Assets | Visa Reveals BTC and Crypto Support

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The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week.

The BTC price will pass $20,000 if United States banks invest even 1% of their assets, one analyst believes.

Discussing institutional uptake of Bitcoin on July 23, Capriole digital asset manager Charles Edwards said that it was “not hard to see” the unfolding trend.

“If US banks put just 1% of their assets into Bitcoin as an investment, hedge or insurance… the Bitcoin price more than doubles,” he wrote on Twitter, adding:

“Just 1 NASDAQ stock (Grayscale) already owns 2% of circulating Bitcoin supply today. It’s not hard to see where this is going.”

Edwards uploaded a chart of U.S. banks’ burgeoning asset balances as proof of the potential impact that a lean towards BTC would have on the largest cryptocurrency.

Grayscale, as Cointelegraph reported, is now a giant among Bitcoin hodlers, together with payment company Square responsible for buying up the majority of mined coins this year.

Edwards’ comments are meanwhile timely.

This week, U.S. lenders received the green light from regulators to engage in cryptocurrency custody activities.

Whether an influx from the sector would ultimately benefit Bitcoin as an asset remains a contentious topic.

Previously, concerns circulated that institutional attention in the form of products such as a Bitcoin exchange-traded fund (ETF) would be detrimental to price discovery.

“It’s not a matter of good or bad, it’s just a fact,” Edwards added.

Nonetheless, other recent moves only serve to reinforce the market’s upward trajectory.

Paul Tudor Jones, the maverick investor who has become increasingly bullish on Bitcoin, recently revealed that he had already put as much as 2% of his wealth in BTC.

In other trending Bitcoin News today:

Payments Giant Visa Reveals Roadmap to Supporting Bitcoin (BTC) and Cryptocurrency

Visa is laying out its plan to support Bitcoin (BTC) and the cryptocurrency space at large.

In a new blog post, the payments giant says it recognizes the role of digital assets in the future of money. 

“The concept of digital currency — or a digital version of cash controlled by a private key — was created more than a decade ago, with the launch of Bitcoin. Today, fiat-backed digital currencies, commonly referred to as “stablecoins,” have emerged as a promising new payment innovation, combining the benefits of digital currencies with the stability of existing currencies like the US dollar.”

Visa is already active in the cryptocurrency space, working with crypto platforms Coinbase and Fold.

The company says it plans to extend its services to digital currency wallets through its FastTrack program, allowing fintechs to integrate with Visa’s global network of 61 million merchants.

And in other trending BTC news today:

Top Analyst Bullish on Ethereum and Five Altcoins, Says Bitcoin Won’t Lead Surge in Crypto Market Cap

Crypto trader and analyst Michaël van de Poppe is bullish on Ethereum and a slew of altcoins.

Van de Poppe says ETH, rather than Bitcoin, will lead the way for a breakout in total crypto market cap.

The analyst believes Ethereum is “ready for $500” after recently pushing through the $250 price barrier.

Van de Poppe is also bullish on Chainlink (LINK), Elrond (ERD), TomoChain (TOMO), Perlin (PERL), and LTO Network (LTO).

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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:

$BTCClose above that red line today ($9300) and I might reconsider my short term bearish bias (mid-term bear bias remains).

Close below and I’ll consider shorting more aggressively targeting the green line ($8500) first and green area second (~$7000) pic.twitter.com/ql3cOXKKdQ

— DonAlt (@CryptoDonAlt) July 22, 2020

If US banks put just 1% of their assets into #Bitcoin as an investment, hedge or insurance…… the Bitcoin price more than doubles.Just 1 NASDAQ stock (Grayscale) already owns 2% of circulating Bitcoin supply today.

It’s not hard to see where this is going. pic.twitter.com/i3oqPTcAPl

— Charles Edwards (@caprioleio) July 23, 2020

The total market cap of crypto will break out (most likely) upwards.

That’s not going to be through $BTC.

That’s going to be through $ETH.

As $ETH is very undervalued.

— Crypto Michaël (@CryptoMichNL) July 22, 2020

Why Regulators Allowing US Banks to Hold Bitcoin Is So Positive for Crypto

https://cointelegraph.com/news/bitcoin-price-can-hit-20k-when-us-banks-invest-1-of-assets-analyst

POPULAR ANALYST UNVEILS YEAR-END TARGET FOR BITCOIN, SAYS HE’S SELLING ONCE BTC HITS THIS LEVEL!!

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A popular crypto trader and analyst says he plans to scale out of Bitcoin once BTC hits a certain level. 

Kaleo, a trader who has amassed a large following in the current market cycle, tells his 329,900 Twitter followers that Bitcoin will likely surge more than 520% from its current value of $34,658 by the end of the year.

“Still think it tops out w/ a nice wick around $185,000 – $215,000, but my goal isn’t to snipe the top.”

Amid his mega bullish outlook for the leading cryptocurrency, Kaleo says he will start selling once Bitcoin breaks below his price target.

“Basically, my game plan is to be uber bullish until Bitcoin breaks above $150,000. I’ll start exiting there and flip uber bearish when it breaks back below $150,000.”

In other trending Bitcoin News today: Bitcoin Supply Shock Now in Play, Says On-Chain Analyst Will Clemente!

Clemente tells his 129,500 Twitter followers that a supply-side crisis may be on the horizon as investors with strong hands, or with little history of selling, pounce onto BTC amid its downward price action.

“Bitcoin is now in heavy accumulation. Supply shock in play. There’s been a clear bull divergence in strong hand buying vs price, but check out that big spike printed last night. This force is pushing up against price.”

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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:

Basically my game plan is to be Uber bullish until Bitcoin breaks above $150K. I’ll start exiting there and flip Uber bearish when it breaks back below $150K.

— K A L E O (@CryptoKaleo) July 2, 2021

https://dailyhodl.com/2021/07/04/popular-analyst-unveils-year-end-target-for-bitcoin-says-hes-selling-once-btc-hits-this-level/

Bitcoin Supply Shock Now in Play, Says On-Chain Analyst Will Clemente

https://cointelegraph.com/news/an-even-bigger-mining-difficulty-drop-5-things-to-watch-in-bitcoin-this-week

BITCOIN PRICE RALLIED 2,000% THE LAST TIME THIS ON-CHAIN SIGNAL WAS SEEN | BTC Hodlers All-Time High

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Bitcoin price remains below key resistances, but this hasn’t stopped investors from becoming extremely bullish on BTC.

Key on-chain data indicates that the propensity that Bitcoin investors have to hold their coins is almost at all-time highs.

Along with accentuating the optimism of crypto-asset holders, this is also a similar trend seen at the start of the 2017 bull market.

Blockchain analytics firm Glassnode recently found that 60% of all BTC in circulation “hasn’t moved in over a year, showing increased investor HODLing behavior.”

The last time this much of the cryptocurrency was frozen was “right before the BTC bull market of 2017,” prior to the 2,000% rally that took Bitcoin from $1,000 to $20,000.

The accumulation habits of Bitcoin investors aren’t the only thing indicating another parabolic rally is near.

Analyst Nunya Bizniz recently shared the two charts below with the following comment:

“Bitcoin daily chart: for the first time during the 2015 lows, there was a golden cross, death cross, golden cross sequence that occurred all within the span of about 100 days. Price then rallied 6,400%. For the 2nd time at 2020 lows, this sequence has agains occurred within about 100 days.”

He’s showing that the last time Bitcoin’s 50-day and 200-day simple moving averages looked almost exactly as they do right now, the asset rallied 6,400% in the year that followed.

Fundamentally, this makes sense.

Investopedia describes a golden cross as a  “candlestick pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average.” Golden crosses show that “a bull market on the horizon and is reinforced by high trading volumes,” the investment knowledge website added.

In other trending Bitcoin News today:

ANALYST: BITCOIN MARKET STRUCTURE LOOKS VERY SIMILAR TO $10,500 FEBRUARY HIGH

Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well.

The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of shorts in the process.

Simultaneously, Ethereum saw a massive breakout past a crucial level, suggesting that BTC has room to the upside.

Even still, a top trader has suggested that Bitcoin’s recent price action is looking much like the price action seen at the February year-to-date top.

A crypto trader recently shared the image below, showing that Bitcoin’s recent price action looks eerily similar to that seen at the February highs of $10,500.

Both periods have similar phases, including a triple-topping pattern indicative of a potential reversal. Should BTC trade as it did after February highs, a strong drop could ensue in the following weeks.

It isn’t only the similarities in the market structure suggesting Bitcoin is topping in the $10,000 range. One prominent crypto trader recently shared the chart below of BTC’s price action since the start of the year with Bitfinex order book data overlayed.

The chart indicates that there is currently a mass of sell-side orders in the $10,000-10,300 range.

This is important as when Bitcoin rallied to and was rejected by the $10,000 range two times over the past month, there was also a sell wall in that range.

This chart also shows that when BTC topped at $10,500 in February, it also ran into a confluence of sell orders at $10,500.

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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:

Some people say re-accumulation. Some people say distribution. So far the structure is closely resembling the distribution of the last highs, albeit with more volatility pic.twitter.com/Km5N2epUsb

— joshnomics (@joshnomics) May 29, 2020

In spite of $BTC‘s mild -4.4% downswing today, its NVT looks healthy, and our model is showing a semi-bullish signal. The amount of unique tokens being transacted on #Bitcoin‘s network is slightly above average for in May, according to where price levels currently sit. 👍 pic.twitter.com/3BIcqTS3VN

— Santiment (@santimentfeed) May 22, 2020

BTC daily:For the 1st time during the 2015 lows there was a GC-DC-GC sequence that occurred all within the span of about 100 days.Price then rallied 6,400%.For the 2nd time at 2020 lows this GC-DC-GC pattern has again occurred within about 100 days.

Price will ……………? pic.twitter.com/8i4V1EjQiY

— Nunya Bizniz (@Pladizow) May 18, 2020

The Last Time This On-Chain Signal Was Seen, Bitcoin Rallied 2,000%

MAX KEISER: CHINA’S CRYPTOCURRENCY WILL BE GOLD-BACKED | Bitcoin Price 0K Surge

Max Keiser is back, in his latest interview he maintained that the Bitcoin Price will surge to $100K plus but could go even higher if the dollar ultimately collapses.

Gold has also hit new highs recently against the Euro and will continue to grow.

Keiser continued noting that the signals from the US repo markets are indicating that a financial catastrophe is looming and China could well open a trap door on the dollar.

Max Keiser said that China is about to announce that it has amassed as much as 20,000 tons of gold and that a second bombshell will be that China is about to launch a gold-backed cryptocurrency with the intention of destroying the greenback.

Gold and bitcoin prices will continue to surge as the dollar collapses to zero like ‘every piece of garbage fiat before it’.

Peter Schiff and Max Keiser go at it back and forth.

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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.

News Resources From Today’s Show:

China’s ‘DCEP’ Cryptocurrency Will be Gold-Backed: Max Keiser

According to @maxkeiser I’m an idiot because I think #gold is better money than #Bitcoin. He also claims China is about to launch a crypto currency backed by gold. This is bullish for gold and bearish for Bitcoin. A crypto backed by gold is much better than one backed by nothing!

— Peter Schiff (@PeterSchiff) November 1, 2019

Bitcoin is gold that weighs nothing, takes up no space, and can’t be counterfeited or seized. It teleports instantaneously anywhere in the world.

But I don’t blame you for being skeptical Peter, it does sound like science fiction at first.

— Rhythm (@Rhythmtrader) November 2, 2019

BITCOIN WILL HIT $250K OR HIGHER AFTER BLOWING PAST THIS BTC RESISTANCE LEVEL, SAYS CRYPTO ANALYST!!

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Cryptocurrency analyst Michaël van de Poppe is saying that Bitcoin (BTC) is set to hit a six-figure price in the current bullish cycle.

The crypto analyst says Bitcoin is likely to replicate a previous pattern, when BTC surged from around $15,000 to slightly over $63,000, before possibly reaching a new all-time high of at least $250,000.

“So we get some sideways action, get to watch the all-time high, get down sideways action, big breakout. And then we get into the final phase in which you can simply copy-paste this entire run [$15,000-$63,000] towards the one that we have above $63,000. And then we probably assume that we’re going to get towards $250,000 or higher.”

In other trending Bitcoin News today: Bitcoin Could Surge to This Near Six-Figure Price by Year-End, According to Crypto Exchange Kraken!

Cryptocurrency exchange Kraken says that Bitcoin could end the year with a massive surge that would more than double BTC’s value from its September closing price.

In a new report, Kraken says that Bitcoin has typically recorded the best annual performance during the last three months of the year (Q4).

“At BTC’s quarter-end closing price of $43,800, a +119% return in 4Q2021 would put BTC at roughly $96,000.”

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

Show Notes / Resources:

https://cointelegraph.com/news/pro-crypto-senator-cynthia-lummis-discloses-up-to-100k-btc-purchase

https://cointelegraph.com/news/bitcoin-eyes-big-58k-resistance-as-new-data-shows-hodlers-acting-the-opposite-to-q1

BITCOIN WILL DOUBLE TO 6-FIGURES IN LATE 2021 OR EARLY 2022, PREDICTS STANDARD CHARTERED!!!!

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Bitcoin will surge 115% from current levels to $100,000 either late this year or early next year, and could reach $175,000 per BTC in the long term, Standard Chartered’s cryptocurrency research team has forecast.

The bank’s team said it “structurally” values bitcoin between the range of $50,000 to $175,000. “Cyclically, we expect a peak around $100,000 in late 2021 or early 2022,” they said in a note Tuesday.

It also sees the current price of Ethereum’s native token ETH rising tenfold to between $26,000 to $35,000. No time period was specified for the price target.

In other trending Bitcoin News today: SEC approves Volt Equity ETF providing exposure to Bitcoin-centric companies.

The United States Securities and Exchange Commission, or SEC, has approved the Volt Crypto Industry Revolution and Tech ETF, providing investors with easy access to companies with significant exposure to Bitcoin (BTC).

The exchange-traded fund, which was approved on Tuesday, is intended to track so-called “Bitcoin Industry Revolution Companies,” which are defined as entities that hold a majority of their net assets in BTC or derive a majority of their earnings from Bitcoin mining, lending or transacting, according to an SEC filing.

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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://markets.businessinsider.com/news/currencies/bitcoin-ether-crypto-price-outlook-standard-chartered-100000-early-2022-2021-9

https://cointelegraph.com/news/sec-approves-volt-equity-etf-providing-exposure-to-bitcoin-centric-companies

https://cryptopotato.com/heres-why-bitcoin-soared-35-in-days-according-to-jp-morgan/

https://cointelegraph.com/news/btc-price-hits-56k-as-bulls-return-and-talk-focuses-on-bitcoin-etf-approval

SHARP $48K BITCOIN RALLY BY AUGUST TO ABRUPTLY FOLLOW MARKET RETREAT!! DEFI ON BTC COMING SOON!!

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A high-profile crypto trader is discussing what he believes is in store for Bitcoin heading into the rest of the year. 

The pseudonymous trader, known as ‘Crypto Kaleo’, also shares a chart overlaying with his projected July BTC price action. According to the trader’s chart, Bitcoin might consolidate until the end of July, and then take off and hit $48,000 by August.

“This isn’t to say that history mirrors itself perfectly, but it often rhymes.”

In other trending Bitcoin News today: DeFi on Bitcoin: Jack Dorsey says Square’s new division will make it happen.

Square CEO Jack Dorsey has revealed that the firm is building a new division that will focus on building decentralized finance services that utilize Bitcoin.

“Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is Bitcoin. Its name is TBD.”

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

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

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

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

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

Show Notes / Resources:

Square is creating a new business (joining Seller, Cash App, & Tidal) focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services. Our primary focus is #Bitcoin. Its name is TBD.

— jack (@jack) July 15, 2021

https://cointelegraph.com/news/defi-on-bitcoin-jack-dorsey-launches-new-square-division-to-make-it-easy

https://cointelegraph.com/news/paypal-increases-crypto-purchase-limits-to-100k

https://cointelegraph.com/news/bitcoin-price-tumbles-to-final-support-as-trader-warns-of-24k-btc-price-target