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A panel of Crypto experts has predicted that the Bitcoin price will rise to $318,417 by December 2025. The most bullish expert believes that the BTC price will reach $160,000 by the end of the year. Meanwhile, 54% of them think that hyperbitcoinization will happen by 2050.
Furthermore, the “Panelists predict that by December 2030, the price of bitcoin will go up to a whopping $4,287,591 per BTC. However, the average is skewed by outliers – when we look at the median price prediction, the 2030 price forecast comes down to $470,000,” Finder wrote.
In other trending Crypto News today: ETH traders hint that the bull market could be back after Ethereum price hit $3,000 for the first time in 79 days.
“Ether is now at one of its final major higher-timeframe resistances. Once Ether is able to break past this ~$2770 resistance, there will be little resistance ahead until the old All-Time High of ~$4400.”
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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://news.bitcoin.com/crypto-experts-predict-bitcoin-price-rising-to-318417-by-december-2025/
https://cointelegraph.com/news/here-s-what-traders-expect-now-that-ethereum-price-is-over-3-000
https://cointelegraph.com/news/3-reasons-why-ethereum-is-unlikely-to-flip-bitcoin-any-time-soon
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BITCOIN COULD SURGE TO M WITHIN FIVE YEARS, SAYS CRYPTO HEDGE FUND MANAGER! TRUMP OR BIDEN VS BTC?
➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net
Morgan Creek Digital Assets co-founder and partner Jason Williams says Bitcoin could meteorically rise nearly 17,900% in five years as BTC solidifies its position as a safe haven asset.
In a Norwegian Block Exchange interview, Williams offers his bull scenario for the world’s leading cryptocurrency.
“Bitcoin could hit $1 – $3 million dollars in the next five years. People have no idea what it will look like when large banks and countries start holding Bitcoin in their treasury.”
The crypto hedge fund manager highlights Bitcoin’s scarcity as a key characteristic that will attract more institutional players and continue to drive the value of the king cryptocurrency.
In the last few months, institutional players in the form of publicly traded companies have announced their entry into BTC with multi-million-dollar investments.
In September, business intelligence company MicroStrategy upped their BTC investments to $425 million. Last month, payments giant Square revealed that it made a $50 million BTC acquisition.
With more institutions flocking into the number one cryptocurrency, Bitcoin Treasuries reveals that publicly traded companies have increased their BTC holdings from over $6.9 billion in mid-October to $10.7 billion this month.
In April, when Bitcoin was trading around $6,000, Jason Williams predicted that BTC would surpass its all-time high of $20,000 this year.
In other trending Bitcoin News today:
Trump Or Biden? Max Keiser Explains Why Bitcoin Will Be The Ultimate Winner After the US Elections
Famous TV host Max Keiser explains how Bitcoin will emerge as the ultimate winner, despite who wins the 2020 US Presidential elections.
Max says, “With Trump, who at least understands something about capitalism, the ascent of Bitcoin would be slower as I believe he would calm markets by having the US enter the global hash war that Iran now leads in a Sputnik-like call to enter the Hash Race moment.”
Keiser added that the US needs to strive for a “big slice of Bitcoin’s global hash rate before our competitors do. I know of several countries that will soon announce major sovereign underwritings of BTC hash rate to try and oust Iran’s position.”
Keiser’s views see BTC sharply explode in value in case Biden emerges the winner come Sunday.
“As I’ve said, a Biden win would accelerate Bitcoin’s advance as panic-buying from those looking to escape the socialists, money printers, and MMT’ers goes into hyperdrive.”
“It will be like the 1938’s Kristallnacht (also known as the Night of Broken Glass or the November Pogrom), jack-booted armed thugs will go door-to-door stealing property in the name of social justice.”
Bitcoin is bigger than the elections, asserted Keiser.
It’s an asset that has no real “correlation with anything – stocks, bonds, currencies, gold, commodities, or property – and certainly no political parties or political outcomes, here in the US or anywhere in the world.”
Bitcoin is correlated only to Bitcoin. Despite the outcome of the upcoming elections, Bitcoin will still be backed “by an insatiable hunger.” It’s a cosmic scale hunger because “Bitcoin is the Big Bang of money.”
“To be clear, I don’t mean BTC is backed by energy. What I’m saying is, it’s backed by code that’s unstoppably programmed to consume all available energy on Earth and beyond, to create absolute monetary scarcity to elevate humanity to a more pure spiritual state of existence. Transcendence on this scale takes synchronization and massive amounts of energy.”
Keiser also said that no matter who’s the US president, Bitcoin is on its way to take out gold as the ultimate monetary store of value and doubled-down on his 40x-80x price prediction.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout! | Mass Altcoin Extinction Ahead?
➡️ Teeka Tiwari – Investment of the Decade: http://2020.cryptonewsalerts.net
The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been ranging between $8,600 and $10,500 since the Bitcoin halving.
During the two-months’ sideways action, the market started to heat up and altcoins entered the spotlight.
Additionally, traders and investors are constantly debating whether BTC price is still in bull or bear territory.
Let’s take a closer look at both scenarios. The bullish scenario for Bitcoin The bullish scenario has a few crucial points.
First of all, the support at $8,900-9,000 has to hold.
If this support is lost, BTC/USD will likely drop below $8,550-8,750 into bearish territory.
Second, the key resistance at $9,300 has to break for a potential rally toward $9,650.
Since this level is untested, it would be the first pivot point for more upside.
This previous resistance of $9,300 has to flip for support for a move higher.
However, as long as the price of Bitcoin remains below $10,500, it’s expected that the volume of the move will be small.
A big breakout would occur if the resistance zone of $10,000-10,500 is finally conquered as many triggers would be hit.
It wouldn’t be a surprise to see a quick rise within a few hours to the next major resistance zone at $11,600.
The bearish scenario for Bitcoin The bearish scenario is also heavily dependent on the $9,300 level.
If that level rejects again, a retest of support at $8,800-8,900 should be expected and the weaker this support will become, increasing the chances for more downside.
With $9,300 holding as resistance, a retest of $8,800-8,900 would likely result in another drop.
Going below the $8,600 level could also see a high-volume drop because this means that the range of the past two months would be lost.
If the price of Bitcoin drops below $8,600, I’m expecting a fast drop towards $7,400-7,700 without many opportunities for shorts.
Holding the current support and the 1-day support levels would mean that the market is still in great shape.
In other trending Bitcoin News today:
Prominent Bitcoin Whale Predicts Mass Altcoin Extinction Ahead of Next BTC Rally
A prominent Bitcoin whale who made a name for himself by ranking at the top of the Bitfinex trading leaderboard says he believes a massive altcoin purge will happen before the next BTC leg up.
In a new tweet, trader Joe007 says the altseason predicted by many is not on the horizon.
“My view is that shitcoin mass extinction event will likely precede next Bitcoin rally. Make of it what you will.”
The crypto strategist is also bearish on the king cryptocurrency in the short term.
He’s predicting a massive shakeout that rivals the coronavirus-induced sell-off in March.
“A lot of people are expecting a downleg, yes. But the question is – are they prepared to buy into a real dump, like a repeat of early March – or worse?”
Despite his short-term outlook on BTC, Joe says he remains a long-term bull on the dominant cryptocurrency. “If I thought BTC would go to zero, why would I accumulate it and keep net long position at all times?… Bitcoin market is a relentless tug of war between actors who want to use Bitcoin to accumulate fiat profits and actors who want to use fiat (or fiat-substitutes) to accumulate more BTC.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
A lot of people are expecting a downleg, yes. But the question is – are they prepared to buy into a real dump, like a repeat of early March – or worse?
— ʲᵒᵉ🔴🔴7 (@J0E007) July 4, 2020
My view is that shitcoin mass extinction event will likely precede next Bitcoin rally. Make of it what you will.
— ʲᵒᵉ🔴🔴7 (@J0E007) July 3, 2020
IMO $BTC is about to run: Friday was the lowest volume, smallest range candle I’ve ever seen. Calm before the storm?
Up or down IDK, thinking down more likely, maybe 8.7k. Will manage risk tightly because being offside would be costly AF. pic.twitter.com/c2ob65hNex
— SalsaTekila (@SalsaTekila) July 4, 2020
Why One Top Bitcoin Trader Believes Now is the “Calm Before the Storm”
https://cointelegraph.com/news/bored-with-bitcoin-this-btc-price-level-is-key-for-a-big-breakout
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MICHAEL SAYLOR PREDICTS BITCOIN TO HIT $5,000,000 AND SAYS BTC IS A ‘SCREAMING BUY’ SIGNAL!!
💰 Crypto’s Next $1 Trillion Coin: http://teeka.cryptonewsalerts.net
MicroStrategy CEO Michael Saylor believes the Bitcoin price can easily hit the seven-digit mark.
In a new interview with FamilyOffice, Saylor says Bitcoin could appreciate a hundredfold to reach a price of $5 million per BTC.
“I can see bitcoin going to a million. I can see it going to $5 million… because if it simply replaces all the indexes as a monetary index money, why shouldn’t it go to $100 trillion in market cap or something?”
Saylor, whose company MicroStrategy now owns 91,326 Bitcoin, points out that the flagship crypto asset is currently a “screaming signal” to investors, and this is aided by a rapid expansion in the money supply globally and the dominance of its blockchain network.
“In my life I’ve never seen something that was such a screaming signal. You’ve got a $200 to $300 trillion addressable market. You’ve got a problem – money is not sound. You’ve got engineered thermodynamically sound money. You’ve got a dominant network. Everybody’s decided it’s the network. It’s exploding.
The signal that is exploding is it’s growing 200% a year every year for 12 years running. That’s the signal.”
Saylor predicts that the flagship crypto asset’s growth rate is unlikely to be replicated by the FAANG (Facebook, Amazon, Apple, Netflix, Google) tech behemoths going forward, making Bitcoin the better bet.
“Now do I think Apple, Amazon, Facebook or Google are going to go up by a factor of 10 from this point? Not really. I think they’re plus 20, minus 20, plus 100… maybe they will double, maybe they will triple.”
Saylor adds that Bitcoin’s potential became far easier to understand following the economic fallout and increase in money printing that began early last year.
“[Bitcoin] got to be a much easier trade in March of 2020. And every month since March of 2020, it’s been de-risked exponentially, and then the need is exploding.”
In other trending Bitcoin News today:
Bitcoin Falls to Two-Week Lows as $6 Billion In Options Set to Expire – What’s Next?
Bitcoin’s (BTC) price has been in retreat, down 20% since the recent all-time high at $62,000 in mid-March. As crypto markets are frequently volatile, this may very well be another normal pullback within the current bull cycle.
Corrections are needed to generate strength for further upward momentum as markets can’t go up in a straight line. Additionally, a record $6 billion expiration of options is expected on March 26, which often brings some volatility.
It is also quite common for the market’s momentum to shift momentum once the options expiration date comes and goes.
The 4-hour chart shows an apparent downtrend since the recent all-time high at $62,000 with bearish support/resistance flips.
Regardless, Bitcoin’s price has rejected the critical resistance zone at $56,500 in the latest rally after Tesla announced it has started accepting (and holding) BTC in the United States for its vehicles.
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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:
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