John McAfee: BITCOIN SCARCITY WILL TRIGGER BTC PRICE to HIT #post_titleM in 2020!!!

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Bitcoin has not died for the 500th time, but market fear could easily convince you otherwise as analysts predict a slow return to higher levels.

BTC starts a new week with traders still digesting the impact of the last – a major price drop that at one point saw $41,900.

A modest recovery is now competing with some formidable resistance, the first of which is $50,000.

In other trending Bitcoin News today: Top Crypto Analyst Says Ethereum Rival Primed for Price Explosion, With ETH Itself Set for Monster Rally!

The pseudonymous trader known in the industry as Smart Contracter tells his 195,500 Twitter followers that Ethereum is primed for a monster rally against Bitcoin (ETH/BTC) after the pair broke out from a large bullish continuation pattern.

“ETH/BTC breaking out of a multimonth reaccumulation on a marketwide dump seems pretty bullish for alts in my opinion. 0.1 BTC ($4,885) and then 0.14 BTC ($6,839) will come sooner than people think. Imagine thinking this is a bear market.”

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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/virtual-land-in-the-metaverse-dominated-nft-sales-over-past-week

https://cointelegraph.com/news/btc-sentiment-comparable-to-a-funeral-5-things-to-watch-in-bitcoin-this-week

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BITCOIN ON VERGE OF ENTERING SIX-MONTH BULLISH CHANNEL!

Bitcoin (BTC) awakened from its post-holiday slump, breaking easily above $8,000.

A combination of geopolitical tensions and renewed appetite for trading led the BTC price as high as $8,459.

The most recent Bitcoin price move also shifted the analysis of technical indicators, signaling bitcoin may be ready to follow a bullish scenario.

Three technical indicators suggested a new upward drive may be possible.

Bitcoin managed to bounce off the years-long trend of higher lows.

The second technical factor was a small head-and-shoulders pattern.

In other Bitcoin news today, the BTC price can bounce to $9.5K after filling futures gap according to analysts.

Michaël van de Poppe shared the retracement looked primed to bounce at press time levels.

These, he noted, represented a gap in CME Bitcoin futures prices — around $7,960 — something Bitcoin has historically sought to “fill” on multiple occasions. 

“This flip would be the best + closing the CME gap,” he summarized in his latest Twitter post on Thursday.

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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:

Has a new bull market began in #Bitcoin $BTC? 1. Market held support at lower boundary of multi-yr channel2. Small H&S bottom on daily chart3. Pending penetration of 6+ mo channelIf enough cryptocultists have been shaken out since Dec ’17, then “yes”

If not, then “no” pic.twitter.com/vpKQeOKqLI

— Peter Brandt (@PeterLBrandt) January 8, 2020

$BTC #BITCOINThis flip would be the best + closing the CME gap. Breakout upwards and I’d be aiming for $9,500 (or $11,000 as $9,500 is the same as $6,000 -> everybody wants to short there -> extra fuel).

Losing green and $6,900 – 6,400 are on the table. pic.twitter.com/jBS7jG34Sy

— Crypto Michaël (@CryptoMichNL) January 9, 2020

$BTC Price had an initial rejection off key area $8400s that previously as resistance/supportWatching for a pullback $7800s-$7900s before a bounce and push to the upside for retest

Not out of the bear woods yet, take it level by level, day by day pic.twitter.com/Vby6KexBIQ

— Josh Rager 📈 (@Josh_Rager) January 8, 2020

Bitcoin Bull Run: 3 Reasons Why BTC Will Continue to Surge

https://cointelegraph.com/news/bitcoin-price-can-bounce-to-95k-after-filling-futures-gap-analyst

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With range-bound movements for the past ten days or so, Bitcoin is readying for another BIG leg up or down. The chart patterns are showing a pennant formation that will eventually come to a conclusion resulting in a larger move. 

Macroeconomics analyst and long-term BTC investor Madelon Vos commented that a huge breakout is very plausible. “Combined with positive divergence on RSI and a symmetrical triangle having a possible breakout of $10.000… a very plausible scenario. We could end up around $48 or $25k the next couple of weeks.”

In other trending Bitcoin News today: BTC bull Max Keiser, RT host of the Keiser Report and Orange Pill Podcast just made another bold prediction that the Bitcoin price will climb $25,000+ in the next 24 hours: “I’m trying to stage a new Bitcoin ATH the moment I step on stage Friday at 

The Bitcoin Conference.”

Max also says that, “Central banks have lost control. It was inevitable. You can’t print forever. All fiat money has been in a hyperinflationary collapse against Bitcoin for years. BTC is the pin, not the bubble.”

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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://cryptopotato.com/bitcoin-breakout-imminent-chart-patterns-suggest-institutional-buying/

https://cointelegraph.com/news/market-makers-in-fear-mode-ahead-of-friday-s-575m-bitcoin-options-expiry

https://cointelegraph.com/news/bitcoin-nears-40k-amid-warning-btc-price-will-correct-before-bull-market-resumes