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Crypto analyst shares new Bitcoin floor & top models implemented into S2F-M2 suggesting the following price predictions:
âLatest Bitcoin price, 28-Oct-2021:
$BTC: $60,565
S2F model: $93,844
S2F-M2 model: $77,146
S2F-M2 Top model: $151,861
S2F-M2 Floor model: $38,573
Predicted Bitcoin price, 28-Oct-2026:
S2F model: $1,031,863
S2F-M2 model: $610,379âł
In other trending Bitcoin News today: Bitcoin Needs To Pull Back Hard This Weekend in Order To Rally Next Week, Says Crypto Analyst Tone Vays!
Vays thinks a $55,000 Bitcoin would present a great entry opportunity but doesnât rule out a slightly larger correction before ascending to $100,000.
âMy worst-case scenario really is $52,000 or $53,000. Itâs my worst-case scenario. I donât see us breaking below this support area, and then I still see $100,000 around end of year. Iâm expecting a huge rally any minute.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:
https://cointelegraph.com/news/ethereum-s-new-all-time-high-prepares-eth-for-continuation-to-5-000
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Sweeping Crypto Report Predicts Bitcoin Rise to 7,000 | BTC Roaring Toward Exponential Bull Run
âĄïžÂ Teeka Tiwari â Investment of the Decade:  http://2020.cryptonewsalerts.net
A sweeping new crypto report on the future of Bitcoin predicts the BTC price could rise to $397,000 â but it wonât happen overnight.
The latest analysis from the Liechtenstein-based Crypto Research Report, led by former cryptocurrency fund manager and Forbes 30 under 30 member Demelza Hays, assesses BTC based on its target addressable market (TAM).
The term is used to describe the overall revenue opportunity for a given product or service.
The report assumes Bitcoinâs use as a currency will outshine altcoins such as Ethereum, Bitcoin Cash, and Litecoin in the long run, and the firmâs analysts say BTC is likely at the very start of its adoption curve, with major upside potential in the decade to come.
The firm says its analysis is based on modest market penetration assumptions, meaning the cryptocurrency will penetrate 10% of the entire target addressable market, which includes store of value, remittance, offshore deposits, gaming, online gambling, unbanked financial services, lending, micropayments, crypto trading, and more.
âThe target addressable market for crypto assets is approximately $212 trillion. The largest use cases include medium of exchange including all global fiat currencies worth $126 trillion and consumer loans with a global value of $42 trillion. If Bitcoin penetrated 10% of this market over the next ten years, each Bitcoin would be worth $397,000 in 2030.â
The report also analyzes Bitcoinâs transaction velocity, the state of privacy coins, and Tetherâs impact on the price of BTC.
As for the altcoin market, the firmâs analysts look at the potential prices of four leading crypto assets over the next decade, forecasting Ethereum could hit $3,644 by 2030.
The report shows Litecoin targeting $2,252, Bitcoin Cash aiming at $13,016, and Stellar targeting $7.81 in the same time frame.
In other trending Bitcoin News today:
Bitcoin (BTC) Roaring Toward Exponential Bull Run, Says On-Chain Analyst Willy Woo
Crypto strategist and influencer Willy Woo says Bitcoin is ready to launch its next exponential bull.
In a viral tweet, Woo tells his 132,000 Twitter followers that the king cryptocurrency was primed to ignite a bullish onslaught in March until Covid-19 âkilled the party.â
But the on-chain analystâs new model, which signals the possible start of a new bull cycle, suggests that BTC may begin another bull run in July.
âThis is a new model Iâm working on, it picks the start of exponential bull runs.
1) Bitcoin was setting up for a bullish run until the COVID white swan killed the party.
2) This model suggests we are close to another bullish run. Maybe another month to go.â
Woo says the bull market delay brought about by the pandemic will turn out to be a welcome development for the largest cryptocurrency.
He says the long base-building process is serving as rocket fuel for BTC. âThe longer this bull market takes to wind up, the higher the peak price (Top Cap model). A long sideways accumulation band is ultimately a good thing.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:
This is a new model I’m working on, it picks the start of exponential bull runs.1) Bitcoin was setting up for a bullish run until the COVID white swan killed the party.
2) This model suggests we are close to another bullish run. Maybe another month to go. pic.twitter.com/wmoEdMVywF
â Willy Woo (@woonomic) June 27, 2020
https://cryptoresearch.report/wp-content/uploads/2020/06/Crypto-Research-Report-June-2020-ENG.pdf
Post Views: 501 -
ENORMOUS INSTITUTIONAL WALL OF MONEY WILL PUSH BITCOIN (BTC) TO ENORMOUS INSTITUTIONAL WALL OF MONEY WILL PUSH BITCOIN (BTC) TO $1 MILLION , SAYS MACRO STRATEGIST! MILLION , SAYS MACRO STRATEGIST!!
âĄïž Leverage OPM (Other Peopleâs Money): http://opm.cryptonewsalerts.net
Raoul Pal, the founder and CEO of Global Macro Investor who has more than 50% of his capital in Bitcoin, is anticipating a wave of institutional funds to push the BTC price to $1,000,000 in the next 5 years.
In an interview with Stansberry Research, the former hedge fund manager says that the world economy is moving from the âhope phaseâ to the âinsolvency phaseâ as investors realize that the economy is going to recover from the COVID-19 pandemic much slower than originally expected.
Along with institutional adoption, he believes this narrative may create the perfect set-up for a huge long-term BTC bull cycle.
ââŠThereâs no stimulus around, and weâve got more problems to come in Europe, the US and elsewhere, and businesses donât have enough cash flow. Theyâre closing in droves and thatâs what I call the âInsolvency PhaseââŠ
âYeah, I think [$1 million is] about right. Just from what I know from all of the institutions and all of the people I speak to, there is an enormous wall of money coming into this. Itâs an enormous wall of money. Just the pipes arenât there to allow people to do it yet, and thatâs coming, but itâs on everybodyâs radar screen and thereâs a lot of smart people working on it.â
Though Pal considers himself a âhybrid adopterâ of both gold and Bitcoin, he still says that heâs considering selling his gold to buy more Bitcoin.
âWhen you get to the macro opportunity, when itâs all happening and Bitcoin starts breaking out of these patterns that its been forming, it is going to massively outperform gold. I am 100% sure of that, so in which case, why would I have a gold allocation?â
In other trending Bitcoin News today:
ANALYST: BREAKING THIS ONE LEVEL COULD SEND BITCOIN TO $14,000+
Bitcoin and the entire crypto market have been caught in the throes of a consolidation phase in the time following BTCâs surge from $10,600 to $11,400.
This move was significant and seemed to indicate a trend reversal working in favor of buyers.
BTCâs momentum has slowed, but this may mark bullsâ attempt to garner enough support to spark a continuation of this uptrend.
One analyst is now noting that a move past $14,000 could be imminent in the near-term if the crypto can surmount $11,600.
Bitcoin has remained strong despite bears attempting to thwart its uptrend. It is currently trading up nearly $1,000 from where it was just over a week ago.
This strength may extend further, as its ongoing consolidation phase does appear to be shifting the cryptocurrencyâs trend and positioning it for further upside.
Despite Bitcoinâs slowing momentum as it hovers around $11,400, one analyst believes that it is on the cusp of potentially seeing significantly further gains in the days and weeks ahead.
He notes that it all depends on how BTC reacts to $11,600, a key near-term resistance level to observe.
âBTC: If $11,600 gets flipped I see a clean $14k+⊠Until then I think we reject/range around $11,600 and dump lower,â the analyst said while pointing to the below chart.
Because this level sits less than 2% above where Bitcoin is currently trading, a test of it could be right around the corner.
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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:
Analyst: Breaking This One Level Could Send Bitcoin to $14,000+
Post Views: 423 -
MAX KEISER SAYS BITCOIN WILL HIT $220K IN 2021 IF HYPERINFLATION COLLAPSES FIAT!! $100K BTC JUNE?!!
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Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill podcast says âBitcoin price is signaling fiat money around the world is in a hyperinflationary collapse against BTC. Please keep boosting inflation so my 2021 target of $220,000 comes sooner!â
Regarding the Bitcoin bulls short term BTC price target, Max tweetedâŠ
â$77,000 short term in play bitcoinâ
Currency instability and hyperinflation seemed unreal until a global pandemic struck, sending many nations into economic turmoil. Most economists began to wonder if the end of the pandemic would mean the birth of another Venezuela, which is currently facing a 438% (hyper) inflation rate.Â
However, like several other Bitcoin enthusiasts, podcaster, Max Keiser thinks inflation and the price of Bitcoin are correlated. Where fiat holders lose out, Kaiser thinks Bitcoiners will gain from the phenomenon. In a tweet, Keiser said that Bitcoin will surge in price, possibly to the $222,000 mark, within this year itself due to inflation.Â
Keiserâs opinion probably stems from the fact that companies and retailers look to the crypto as a store of value asset, making it a perfect hedge against inflation. Recently, experts even argued that since Bitcoin is immune to political shocks, more people will prefer the asset to decouple trade from âglobal events.â
Even though the price of Bitcoin may indeed surge, its path to the target could be volatile. In the past, the assetâs price has appreciated and even collapsed several times. But some stated that even as Bitcoin increased in price, the rate of inflation, and forecasts for inflation, âremained stable.âÂ
Some provide a contrary opinion that economies need a bit more inflation, not less. At the same time, they do not expect hyperinflation to occur again, after the last great recession.Â
Bitcoinâs finite supply, which may overcome inflation risks is what comforts many. However, this narrative keeps evolving as well. A case can be made for alts such as Ether to be a potential deflationary asset too. For instance, even without a hard supply cap, Ethereum could have a fee-burning feature that reduces its coins from circulation, allowing it to be another potential hedge, like Bitcoin.Â
In other trending Bitcoin News today:
Top Trader Says Five Altcoins Primed To Erupt As Bitcoin Sets the Stage for Explosion to $100,000
A closely-followed crypto trader who built his reputation after nailing the 2020 crash in Bitcoin says heâs looking at five altcoins that can potentially explode this month while Bitcoin undergoes a pullback.
The last coin Capoâs eyeing is Ethereum (ETH). Capo believes that the leading smart contract platform is brewing a bullish move against Bitcoin (ETH/BTC).
As for Bitcoin, the crypto strategist believes it will revisit support below $50,000 before resuming its ascent and climbing above $100,000 by June. Capo makes his prediction based on Bitcoinâs performance in March 2017.
âBTC possibility.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:
#Bitcoin price is signaling fiat money around the world is in a hyperinflationary collapse against Bitcoin. Please keep boosting inflation so my 2021 target of $220,000 comes sooner! đđ https://t.co/NTqMmiH9YQ
â Max Keiser (@maxkeiser) March 15, 2021
December close: $28,992January close: $33,141February close: $45,240March 17 price: $55,000
We are only 3.5 months into the #bitcoin bull market. IMO BTC will not stop at $100K and will continue to S2FX $288K average price level (ATH will be higher). pic.twitter.com/skS6a7pepu
â PlanB (@100trillionUSD) March 17, 2021
https://cointelegraph.com/news/bitcoin-s-price-doubled-in-75-days-how-long-until-the-next-100-leg-up
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