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Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast shares his latest Bitcoin price predictions after the recent massive 55% BTC market correction.
“Max & Stacy started buying BTC in 2011 – and have been through (and reported to millions of people) every single one of these corrections. $220,000 in 2021 still in play. Bitcoin new ATH by The Bitcoin Conference June 4th.”
In other trending Bitcoin News Today: This Large-Cap Coin Will Lead Crypto Markets Out of Correction, Says Macro Guru Raoul Pal. Former Goldman Sachs executive and Real Vision Group CEO believes one large-cap coin could spearhead the charge out of the crypto market correction.
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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/bitcoin-declared-dead-more-than-400-times-now
https://cointelegraph.com/news/bitcoin-dominance-likely-to-bounce-back-after-market-slump-report
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Analyst Predicts Next Bitcoin Bull Run Will Send BTC to 0,000 and Ethereum (ETH) to K
➡️ Teeka Tiwari – Investment of the Decade: http://2020.cryptonewsalerts.net
Blockfyre’s co-founder believes a bull market will return, seeing Bitcoin (BTC) price rise 1,400% to hit $150,000, and Ethereum (ETH) and other solid altcoins making even more impressive gains.
The co-founder of cryptocurrency analysis company Blockfyre believes that a bull run will return, propelling Bitcoin (BTC) to a price of $150,000.
In a tweet on June 4, Simon Dedic suggested that these gains will not be reflected across the entire cryptocurrency market, although the more solid altcoins should also see impressive price action.
Bitcoin’s dizzying ascent to its current all-time high of almost $20,000 in December 2017 came complete with a media frenzy around all things crypto.
Coupled with a boom in initial coin offerings, and fuelled by investor FOMO (fear of missing out), money was thrown at literally any project in the hope that it would mirror the gains of Bitcoin.
This became a self-fulfilling prophecy, and pretty much every altcoin posted a significant price increase during 2017.
While Dedic warned that he believes this won’t happen again, he does envisage a Bitcoin bull run returning and “pumping the few solid alts out there.” He even went as far as to make a number of price predictions, such as Bitcoin gaining over 1,400% from its current price of around $9,750 to reach his target of $150,000.
Ether (ETH) is set to fare even better according to Dedic, increasing more than 3,570% from current levels around $245 to a price of $9,000.
And Binance Coin (BNB) is predicted to see a 2,750% rise to $500. Bigger increases still are forecast for Chainlink (LINK) and Tezos (XTZ), both with a target price of $200, representing 4,450% and 6,800% gains respectively.
But this all fades into insignificance compared to Dedic’s prediction for VeChain (VET), with a seemingly modest target price of $1.
However, this marks a massive 14,100% increase on its current price of $0.007.
In other trending Bitcoin News today:
Top Crypto Analyst Flips Bullish on Bitcoin, Says Miners No Longer Selling Their BTC
Top crypto influencer and Bitcoin maximalist Tuur Demeester, citing data from the crypto analytics firm Glassnode, says Bitcoin miners are almost done selling their BTC.
Glassnode’s Miner Outflow Multiple metric tracks the volume of Bitcoin flowing out of miner wallets.
This multiple is currently at a trough point at .47 after a peak of 2.62 in mid 2019 and a previous low in late 2018 at .307.
On May 11th, the day of the halving, the reward for completing a block was reduced by 50% to 6.25 BTC, with revenue earned by miners initially plunging 48%.
The increased pressure to maintain profitability forced miners comprising up to 30% of the entire Bitcoin network hash rate to exit the market, according to data from the mining pool Poolin.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
In 2017, you could have bought literally any alt and it was a good investment.Imo this won’t happen again.However, I still believe that the bull run will return, pumping the few solid alts out there.
Predictions:$BTC $150k$ETH $9k$LINK $200$BNB $500$VET $1$XTZ $200
— Simon Dedic (@scoinaldo) June 4, 2020
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Statistician Who Predicted Bitcoin Crash Says BTC Price Will Moon | Coordinated Whale Manipulation
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A statistician who accurately predicted that the Bitcoin price will flash dump amidst a global economic crisis now hopes for a significant BTC price rebound.
Willy Woo, an on-chain analyst who in 2018 forecasted that investors would unwind their leveraged Bitcoin positions to seek safety in the US dollar, says the cryptocurrency is looking for a bottom.
“Dump then [the] moon,” he tweeted. “We are undergoing flight to safety right now, BTC is looking for its bottom. But know that once the bottom is in there are strong bullish pressures ahead. It’s this economic environment in the years ahead that Bitcoin was built for.”
Mr. Woo thinks Bitcoin is behaving as Gold did during the housing and credit bubble burst.
The yellow metal in 2018 plunged by up to 33.96 percent even as the stock market bust raised opportunities for it to behave as safe-haven.
However, investors moved into other offbeat hedging assets, mainly the US dollar.
Gold bottomed-out at $681.75 in October 2018, followed by a steep uptrend that took its value to $1,703.60 earlier this March.
Nevertheless, the Coronavirus-led sell-off prompted the metal to rebound by as much as 14.80 percent. So it appears, bitcoin plunged in a similar fashion.
“Flight to safety: everything else sells off to USD,” Woo reminded investors. “[It is] then used to unwind leveraged positions. Afterward, havens like Gold and [Bitcoin] have a bull run.”
$566,900,000 in Bitcoin (BTC) on the Move As Report Suggests Coordinated Whale Action Behind Crypto Market Crash
A flurry of Bitcoin whale activity is underway as the price of BTC climbs back above $5,200.
In the last 24 hours, some of Bitcoin’s biggest investors have moved a total of 107,209 BTC worth $566.9 million at time of writing.
The largest single transaction sent 47,846 BTC worth $252.2 million between two wallets of unknown origin.
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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:
It definitively looks like we are heading in that direction. What has been happening in the last few weeks is just incredible.
There’s also nothing wrong in $BTC moving up and down with risk assets in such a black swan event.
— Alex Krüger (@krugermacro) March 17, 2020
This big dent in the price chart will lengthen the time till we hit the next bull market top (Top Cap model), more time means a higher top. pic.twitter.com/pdhyliUzl7
— Willy Woo (@woonomic) March 18, 2020
Dump then moon. We are undergoing flight to safety right now, BTC is looking for its bottom. But know that once the bottom is in there are strong bullish pressures ahead. It’s this economic environment in the years ahead that Bitcoin was built for. https://t.co/ILn3aXTJXG
— Willy Woo (@woonomic) March 18, 2020
Statistician Who Predicted Bitcoin Crash Says Its Price Will Moon
https://cointelegraph.com/news/bitcoin-hodlers-not-to-blame-for-record-50-price-plunge-data-reveals
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3 Key Metrics Suggest Bitcoin Price Has Completed Its Macro Bear Cycle | Altcoin Apocalypse?!
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http://trade.cryptonewsalerts.netWhilst the Bitcoin price (BTC) action may seem bearish to some, the leading cryptocurrency has several bullish indicators that hint towards an imminent recovery.
As Bitcoin enters the last month of 2019, will the king of Crypto finish on a bullish rally, or fall to a yearly low?
In today’s show we explore both bearish and bullish BTC price scenarios.
In other Crypto news today:
Are we on the verge of an Altcoin apocalypse?
The number of dying cryptocurrencies is rising.
The big crypto boom of late 2017 is a long distant memory today. Pretty much every altcoin out there was surging by ridiculous proportions as the wave of FOMO swept the scene.
Today the majority of crypto currencies are melting down and many simply will not survive another winter.
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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:
If you invested 10 000 BTC into ZEC at the open of the 2nd trading day (God forbid) you’d be left with less than two today.
That’s how crazy this drop is.— DonAlt (@CryptoDonAlt) December 1, 2019
Altcoin Apocalypse: The Number of Dying Crypto Currencies Is Rising
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