MEITU NOW HOLDS $100 MILLION IN BITCOIN AND ETHEREUM!! COINBASE RECORDS STAGGERING $1.8B IN REVENUE!

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We believe Bitcoin can reach our bullish scenario target of $178k by December 2021 or a bit later, in case this BTC cycle extends into 2022.

This will require minimal on-chain selling pressure, especially as Bitcoin price pushes above $100k. As long as the long-term holders continue to hold, even with BTC at $100k, we can easily expect prices to move higher.

Our technical targets to the upside found high levels of confluence around $178k to $190k. This also matches various other technical-based models, making this an area of interest for the 2021’s bull market top.

In other trending Bitcoin News today: PayPal launches crypto services for UK customers!

Beginning this week, residents of the United Kingdom will be able to buy, hold and sell cryptocurrencies through PayPal for the first time — marking a significant milestone for a company that began offering digital asset services less than a year ago. 

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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-likely-to-reach-at-least-96k-in-depth-price-prediction-analysis-of-2021-cycles-top/

https://cointelegraph.com/news/paypal-launches-crypto-services-for-uk-customers

https://cointelegraph.com/news/50k-btc-price-vs-the-fed-5-things-to-watch-in-bitcoin-this-week

https://cointelegraph.com/news/bitcoin-price-tags-50k-for-first-time-since-may

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Wall Street strategist Tom Lee told CNBC on Monday that last week’s Bitcoin collapse has not shaken his bullish resolve, saying he’s standing by his $100,000 per BTC year-end price target.

“I think bitcoin is hyper-volatile. That’s the nature of it, but that’s what creates the reward for people,” Lee said in an interview on “TechCheck.”

“Again, even though bitcoin is in the penalty box now, I still think it could exit the year over $100,000,” said Lee, co-founder and head of research at Fundstrat Global Advisors.

In other trending Bitcoin News today: AMC Plans To Accept Bitcoin At Movie Theaters By The End Of 2021!

Speaking during a Monday conference call regarding the firm’s Q2 results announced earlier the same day, AMC chairman and CEO Adam Aron revealed that the cinema chain intends to have the infrastructure ready to accept BTC payments for online movie tickets by the end of 2021.

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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://www.cnbc.com/2021/05/24/bitcoin-bull-tom-lee-still-sees-100000-by-year-end.html

https://cointelegraph.com/news/ethereum-could-pave-way-for-100-000-bitcoin-bloomberg-analyst-asserts

https://cointelegraph.com/news/total-crypto-market-value-breaks-1-9t-for-first-time-since-may

https://cointelegraph.com/news/bitcoin-golden-cross-due-in-days-as-bears-draw-a-line-at-47k-btc-price

https://cointelegraph.com/news/cinema-operator-amc-plans-to-accept-btc-by-2022

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Investment banking goliath Goldman Sachs says that Ethereum (ETH) will likely beat Bitcoin (BTC) as a store of value. Excerpts from the bank’s research paper shared by Santiago Roel Santos, general partner at blockchain-focused investment firm ParaFi Capital, highlights Ethereum’s fundamental advantages over Bitcoin.

“Ether beats bitcoin as a store of value. The Ethereum ecosystem…provides developers a way to create new apps. Most of DeFi apps are being built on Ethereum. The greater number of transactions in ether vs bitcoin reflects this dominance.”

In other trending Bitcoin News today: PayPal Users Will Be Able To Withdraw Crypto to External Wallets! The announcement means that 392 million registered accounts will be able to send their cryptocurrencies to other wallets instead of just holding it on PayPal or selling it into fiat currency for withdrawal.

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🔥 Binance – Buy, Sell or Trade Over 400 Altcoins: ► http://binance.cryptonewsalerts.net

🔥 [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:

Goldman Sachs Predicts Ethereum Will Overtake Bitcoin As Store of Value

https://cointelegraph.com/news/paypal-users-will-be-able-to-withdraw-crypto-to-external-wallets

https://cointelegraph.com/news/billionaire-carl-icahn-says-he-may-drop-up-to-1-5b-into-crypto

https://cointelegraph.com/news/altcoins-soar-while-bitcoin-and-ethereum-price-stall-near-key-levels