đ° Cryptoâs Next $1 Trillion Coin: http://teeka.cryptonewsalerts.net
Trading veteran and BTC chart guru Peter Brandt is predicting a massive Bitcoin explosion before this year expires.
In a new interview on Real Vision Finance, Brandt says Bitcoin could erupt nearly 260% from its current price of $56,000. According to the veteran analyst, the current logarithmic charts look like they did during the 2017 bull market just before Bitcoinâs big move upward.
âI think weâre in that midpoint pause where in 2017 Bitcoin swirled around for a month or two before we saw the final move up, and youâll note that the midpoint in the 2015 to 2017 bull market was at about one-half or 60% of the total move. If thatâs true, that points to the type of price level⊠That $200,000 plus is where this market would take it if this chart interpretation is correct.â
In other trending Bitcoin News today:
3 Reasons Why Enjin Coin (ENJ) Price Has Rallied 800% Over The Last Month!
Data from Cointelegraph Markets and TradingView shows that the price of Enjin Coin (ENJ) has risen by 800% in the past month, going from a low of $0.34 on Feb. 23 to a new all-time high of $3.09 on March 15 thanks to a continuous surge in trading volume.
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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/3-reasons-why-enjin-enj-price-has-rallied-800-over-the-last-month
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INVESTMENT FIRM PREDICTS BITCOIN TRILLION MARKET!! XRP WILL RISE 12,900% IN NEXT BTC BULL CYCLE!!
âĄïž Leverage OPM (Other Peopleâs Money): http://opm.cryptonewsalerts.net
An investment firm that predicted Teslaâs meteoric ascent is extremely bullish on Bitcoin and says the BTC market cap could go as high as $5 trillion.
Also in todayâs show, Credible Crypto predicts the Ripple XRP price will rise 12,900% in the next Bitcoin bull cycle.
In a comprehensive report, New York-based thematic investment firm ARK Invest sees massive growth potential for Bitcoin over the next few years despite its already impressive run that has defied expectations.Â
âOur analysis suggests Bitcoin is early on its path to monetization, with substantial appreciation potential. In our view, Bitcoinâs $200 billion market capitalization â or network value â will scale more than an order of magnitude to the trillions during the next decade.â
Specifically, ARK Invest points out that the adoption of Bitcoin as a global settlement network, as a protection against asset seizure, as digital gold, or as a catalyst for demonetization in emerging markets has the potential to fuel the growth of the crypto assetâs market cap.
Despite their high evaluation of the crypto asset, ARK Invest points out the several risks that threaten Bitcoinâs growth potential.
For one, ARK Invest says security breaches and institutional mismanagement have cost investors millions of dollars with no legal recourse.
Other risks are regulatory uncertainty and âover-institutionalizationâ, which the company says could cause a monopoly in Bitcoin transactions and present an âexistential risk to bitcoinâs value proposition.â
Although risks are present, ARK Invest highlights the potential of BTC to print massive gains within a decade.
âBitcoin offers one of the most compelling risk-reward profiles among assets, as our analysis suggests it should scale from roughly $200 billion today to $1-5 trillion network capitalization during the next five to ten years. In our view, capital allocators must consider the opportunity cost that will be associated with ignoring bitcoin as a new asset class.â
In other trending Bitcoin News today:
Credible Crypto Predicts XRP Will Rise 12,900% in Next Bitcoin Bull Cycle
Closely-followed trader and crypto strategist Credible Crypto sees XRP meteorically rising by over 12,900% in the next Bitcoin boom cycle.
In a new tweet, the crypto analyst tells his 68,000 followers that Rippleâs native token has the potential to massively increase oneâs net worth in the coming years.
âKeep it real. XRP price IS NOT âpre-determined.â XRP IS NOT âbacked by gold.â XRP WILL NOT reach the prices BTC has ($10,000+). XRP will NOT replace the dollar. But it doesnât need to do ANY of these things to make you and me life-changing money over the next 3 years.â
When asked to provide his price prediction for the fourth-largest cryptocurrency, Credible explains why he believes XRP can skyrocket between $20 â $30 before the current bull market expires.
ââŠitâs gone 1000x+ in the last run, this would just be 100x. Regarding sell pressure, weak hands have long sold their XRP for other projects. The ones holding now wonât sell soon.â
Not all analysts share Credibleâs long-term bullish attitude towards XRP. Widely-followed veteran trader Peter Brandt told his crew of 375,000 to be cautious about investing in Rippleâs native asset.
âDonât place your faith in XRP.â
Brand notes that Rippleâs ownership of more than half of the total supply of XRP is a potential liability.
He believes the token has more downside potential as it continues to underperform relative to other major cap coins.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
Keep it real.$XRP price IS NOT âpre-determined.â $XRP IS NOT âbacked by goldâ. $XRP WILL NOT reach the prices $BTC has ($10,000+).$XRP will NOT replace the dollar.
But it doesnât need to do ANY of these things to make you and me life changing money over the next 3 years.
â Credible Crypto (@CredibleCrypto) October 2, 2020
It wonât need as much as it seems it would. Many people think the same. But itâs gone 1000x+ in the last run, this would just be 100x. Regarding sell pressure, weak hands have long sold their $XRP for other projects. The ones holding now wonât sell soon. https://t.co/jelsS4rTdc
â Credible Crypto (@CredibleCrypto) October 2, 2020
Don’t know about the long long term, but looking for $20-$30 over the course of this next bull run (2-3 years).
â Credible Crypto (@CredibleCrypto) October 2, 2020
Credible Crypto Predicts XRP Will Rise 12,900% in Next Bitcoin Bull Cycle
https://cointelegraph.com/news/trump-price-dots-and-covid-19-5-things-to-watch-in-bitcoin-this-week
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MAX KEISER SAYS CURRENT BITCOIN HASHRATE TRENDS INFER A K BTC PRICE SET TO SKYROCKET UP TO 80X!!
âĄïž Leverage OPM (Other Peopleâs Money): http://opm.cryptonewsalerts.net
Bitcoin pioneer Max Keiser, RT host of the Keiser Report recently tweeted the following bullish BTC price prediction:
âThe Bitcoin price is lagging hashrate by a considerable margin. Current hashrate trends infer a $35,000 â $50,000 price.â
âPeople with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while the BTC price skyrockets 40-80xâ, says Max Keiser.
Keiser recently tweeted that âthe (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.â
CryptoPotato reached out to the popular TV host to elaborate on his views regarding the price suppression and potential surge in value.
Keiser asserted that âfor the worldâs poor, the current price and availability of BTC are a once in a species-existent opportunity to acquire unconfiscatable Hard Money before a 40-80x move on the upside.â
He commented that his âforensic analysis of the BTC market, corroborated by insiders, is indicating futures traders are suppressing the price of BTC to give institutional players a chance to load the boat.â
He also gave his intermediate price target of $28,000 per coin. Once the cryptocurrency reaches that level, it would be a significant game-changer for peopleâs perception of the asset.
âWhen this happens, weâll see something quite unexpected. The retail market for BTC will dry up. The amount of BTC for sale AT ANY PRICE will be increasingly tiny. Institutions, corporations, and governments will be buying BTC directly from miners, presumably at a huge premium.â
Keiser, who previously said that Warren Buffet will start panic buying Bitcoin when the asset price jumps to $50,000, said that people like the prominent investor, who have no Bitcoin exposure, will see âtheir wealth hyperinflate to nothing.â
In other trending Bitcoin News today:
Michael Saylor Reveals What Heâll Do When $425 Million Bitcoin Investment Surges 100x
Microstrategy CEO Michael Saylor said he will hold his companyâs Bitcoin (BTC) for 100 years, and has no intention of selling it.Â
On Aug. 11, the business intelligence firm announced it had purchased 21,454 BTC for $250 million.
This investment is now worth more than $278 million, representing an 11% increase in two months, and has purchased more Bitcoin since.
In a new interview with Real Vision CEO Raoul Pal, Saylor said the decision to invest $250 million was informed by a discussion between its board of directors and the firmâs investors, auditor and executives. Saylor explained:
âThis is not a speculation, nor a hedge. It is a deliberate corporate strategy to adopt the Bitcoin Standard.â
Microstrategy decided to restructure its treasury in response to recent global economic uncertainty, looking to explore assets suited to providing a long-term store of value.
But after considering a variety of options with a 100-year outlook, Saylor decided Bitcoin was the only option.
Tax and fees kill almost all other assets, he concluded, and those that arenât killed are instead crippled because they are controlled by a CEO, government or country.
Bitcoin, on the other hand, is evolving, and over time it gets harder, stronger and faster, Saylor concluded, describing BTC as a âhive of cybernetic hornets protected by a wall of encrypted energy.â
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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 came to the conclusion that #btc was going to be the best of the inflation tradesâthe defensive trades,” says Paul Tudor Jones. “Bitcoin has a lot of characteristics of being an early investor in a tech companyâŠit’s like investing with Steve Jobs and Apple.” pic.twitter.com/4760iQBrOy
â Squawk Box (@SquawkCNBC) October 22, 2020
This message from KeiserReport in 2011 put bitcoin on the map. Millions heard the call. We created 100,000âs of #BTCÂ millionaires globally with hundreds of shows over 10 years These facts get overlooked during this period of Russophobia, sadly
â Max Keiser (@maxkeiser) October 17, 2020
#Bitcoin price is lagging hashrate by a considerable margin. Current hashrate trends infer a $35,000 â $50,000 price
â Max Keiser (@maxkeiser) October 22, 2020
https://cointelegraph.com/news/michael-saylor-claims-the-company-will-hold-bitcoin-for-100-years
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BITCOIN WILL EASILY TRADE AT $500K A COIN, SAYS SKYBRIDGE CAPITAL CEO!! BTC IS âGOING UPâ FOREVER!!
đ° Get FREE $100 In Bitcoin When You Open Tax-Free IRA Crypto Account With iTrust Capital: http://itrust.cryptonewsalerts.net
Anthony Scaramucci, who founded Skybridge Capital, has a long-term view of the Bitcoin price based on solid fundamentals. If heâs right, the BTC price could shatter even some of the most bullish of predictions.
Scaramucci told CNBC Bitcoin could âeasily trade at $500,000 a coin,â pointing to the number of high-net-worth individuals vs. the finite supply of the cryptocurrency to go around. He cited JPMorgan data, saying there are fewer than 50 million millionaires based on USD fiat currency. Meanwhile, the supply of BTC is capped at 21 million coins. Scaramucci said,
âYou donât even have enough Bitcoins for every millionaire in our society to own one coin.â
In other trending Bitcoin News today: MicroStrategy CEO Michael Saylor Says Bitcoin Is âGoing Up Foreverâ â Hereâs Why!
âMy point is that [thereâs] never going to be more than 21 million Bitcoin, so itâs a very fixed supply. Itâs the only scarcity that anybody can invest in in the world.
Bitcoin is the dominant digital monetary network, and because itâs dominant and because itâs fixed, it means that itâs the most reliable, highest-integrity, scarcest thing in the financial universe⊠Bitcoin is going up forever.â
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Trezor: âș http://trezor.cryptonewsalerts.net
Ledger: âș 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://finance.yahoo.com/news/anthony-scaramucci-predicts-bitcoin-500-160208261.html
https://cointelegraph.com/news/amc-theatres-debuts-online-bitcoin-payments-after-months-of-teasing
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