JOHN MCAFEE: ‘I Never Cared About The Price of Bitcoin (BTC)’ | Exclusive Interview

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Crypto trader and influencer Elliot Wainman is sharing his thoughts on the Bitcoin price potential, asserting that the asset is nowhere near its bull cycle top. The cryptocurrency analyst predicts that the flagship digital asset could reach a price of $1 million per BTC once the Bitcoin super cycle really kicks off.

“As we enter into May of 2021, which many people feel like might be towards the end of this bull run, I can’t help but feel like we’re on the brink of really crossing the chasm into a Bitcoin super cycle that would not only bring in hundreds of millions, if not billions of users, into crypto but would most likely send Bitcoin to astronomically new highs of hundreds of thousands, maybe even close to that hallowed ground of a $1 million Bitcoin.”

In other trending Bitcoin News today: Bullish ETH/BTC Pair Revives The Ethereum ‘Flippening’ Discussion

While Bitcoin continues to struggle below the $55,000 resistance level, the ETH/BTC pairing has started climbing higher in a move that was predicted by multiple analysts, including Real Vision CEO Raoul Pal. The bullish movement in the ETH/BTC pair has also reignited conversations about Ether price eventually flipping 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:

https://cointelegraph.com/news/key-bitcoin-price-metric-flashes-its-first-bullish-signal-in-4-months

https://cointelegraph.com/news/bullish-eth-btc-pair-revives-the-ethereum-flippening-discussion

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Celsius Network chief executive Alex Mashinsky predicts Bitcoin can soar above $140,000 this cycle but only after surviving one last sell-off event. Although the Celsius Network head is short-term bearish on BTC, he expects it to massively rally toward the end of the year after the sell-off.

“After this July sell-off, we should see smooth sailing for the rest of the year as we break new ATH (all-time high) on our way to the $140,000-$160,000 price range per BTC before correcting back to the $90,000 levels to close the 2021 year end.”

In other trending Bitcoin News today: Celsius Network CEO Alex Mashinsky suggested that Ethereum has already started “flippening” Bitcoin in U.S. dollar terms. Mashinsky said that the flippening has already happened on Celsius. “We manage about $17 billion in deposits, or in customer coins, and the number one coin held in dollar terms is ETH,” he said.

“The flippening already happened. Ethereum already surpassed Bitcoin in dollar terms as the total holdings of the Celsius community, and I think that the broader market will follow it in the next year or two. We will see that flippening happening also in the broader 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/ether-already-flippening-bitcoin-says-celsius-ceo

https://cointelegraph.com/news/bitcoin-exchange-supply-hits-a-6-month-low-as-accumulation-continues

https://cointelegraph.com/news/bitcoin-targets-36k-key-wyckoff-level-with-altcoins-set-to-grind-up-heavier

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Bitcoin has broken the $60,000 level and is back in the area of its all-time high (ATH) set in April 2021. Based on a fractal analysis of charts of previous BTC cycles, the peak prediction for the ongoing bull market even reaches the vicinity of $390,000.

Cryptocurrency and Bitcoin market analyst, TechDev has tweeted a series of charts on the possibility of future long-term movement of BTC. They show bullish predictions for the price of the alpha crypto for the next few months, especially at the end of this year.

In other trending Bitcoin News today: ProShares Set for Bitcoin Futures ETF Launch on Monday After Apparent SEC Approval!

The US Securities and Exchange Commission has reportedly greenlit the country’s first Bitcoin futures exchange-traded fund (ETF).

ProShares, an ETF provider, filed a post-effective amendment prospectus on Friday that states the company plans to launch the BTC Futures ETF on Monday, a sign that the SEC has approved the product.

Bitcoin has surpassed the $60,000 mark briefly for the first time since April 2021. The BTC price has been boosted by reports suggesting a Bitcoin futures ETF (Exchange Traded Fund) is likely to begin trading in the United States as early as next week.

Bloomberg senior ETF analyst, Eric Balchunas, is confident that the ProShares Bitcoin Strategy ETF could be the first one launched as the decision deadline is Oct. 18. The Invesco Bitcoin Strategy ETF may be approved the following day barring any further delays by the SEC.

In a tweet on Oct. 15, the analyst stated: “Pretty much done deal. Expect launches next week,” before adding the “odds now over 90% IMO.”

In other trending Bitcoin News today: Bitcoin Could Surge Nearly 10X From Current Price, Predicts ARK Invest’s Cathie Wood – Here’s How

ARK Invest founder Cathie Wood says that Bitcoin (BTC) could reach $500,000 if institutional investors embrace the benchmark cryptocurrency.

Bitcoin is currently trading at $57,327, but according to Financial Review, Wood says that price could surge by nearly 10 times if institutions allocate just 5% of their investment funds to BTC.

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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:

This Bitcoin (BTC) Fractal Could Drive Price to $390,000

https://cointelegraph.com/news/jack-dorsey-s-square-plans-to-build-an-open-source-bitcoin-mining-system

https://cointelegraph.com/news/btc-price-hovers-above-61k-amid-fresh-concerns-over-fate-of-physical-bitcoin-etf