NEW STOCK-TO-FLOW MODEL SUGGEST MASSIVE BITCOIN PRICE TARGET!! BTC IS MATHEMATICAL PURITY!!

➡️ REPLAY: “The Crypto Catch-Up” – http://teeka.cryptonewsalerts.net

Bitcoin Pioneer Max Keiser, host of the Keiser Report went on record sharing, “BTC is the monetary black hole that will gobble up all fiat and rise to more than $100,000 doing it” back in 2018.

In fact Max has been telling his audience to buy Bitcoin since 2011, back when the cryptocurrency was trading at just $1.

In regards to his most recent BTC price prediction, Keiser shared on Crypto Twitter:

“$20,000 will get sliced through easily – then a pop to $28,000.”

Breaking News: The Bitcoin Price Has Only Been Higher Than Now For 12 Days In BTC History”

The Bitcoin (BTC) price, which is currently sitting at $16,320, has only been at this level or higher for 12 days in the coin’s entire 4,332-day history, representing just 0.28% of the cryptocurrency’s life.

Crypto analytics platform Messari published data stating that the closing price had exceeded $16,320 only on 12 other days, 10 of which occurred from Dec. 7 to 20 in 2017, with the highest close occurring on Dec. 16 at $19,378. 

Any investor who bought at the all-time high of $20,089 would still be down 18.35%. In contrast, investors who bought at this cycle’s low of $3,126 on Dec. 15, 2018, would be up 424%.

Of the other top 10 coins, only Chainlink (LINK) comes remotely close to Bitcoin, with the coin sitting above the current price of $12.70 for 2.7% of its life.

By contrast, the majority of altcoins are yet to enter proportionally rare price ranges. Ether’s (ETH) current price of $464 has been exceeded 201 days in the past, representing more than 10% of the entire 1,933 days since the Ethereum network went live.

XRP, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), Polkadot (DOT) and Cardano’s ADA prices all vary between 9.7% and above 30%. BCH exceeds all other coins sitting above the current price of $258 for at least one-third of its life.

Bitcoin’s strong rise past $16,000 has also seen record volumes recently. With more than $5.5 billion in Bitcoin trading volume recorded on Nov. 5, only nine days have seen stronger volume in Bitcoin’s history.

Compared to this day in previous years, investors have seen profits of 88%, 2,275%, 4,326% and a staggering 5,833,991% for the years of 2019, 2016, 2013 and 2010, respectively.

In other words, investing $1 into Bitcoin on November 13, 2010, would have increased to $58,339 today.

In other trending Bitcoin News today:

“Impending CME Gap Close Could Propel Bitcoin Price To $18,000”

Within the last hour Bitcoin (BTC) price surged through the $16,200 level to secure a new 2020 high at $16,473. 

The 6.62% move brings the top-ranked digital asset closer to closing a CME gap in the $16,465 to $16,570 zone and a growing number of analysts expect the price to break above the $17,200 level if the CME gap is closed.

Despite the excitement surrounding Bitcoin’s surge to a new multi-year high, Cointelegraph contributor Micheal van de Poppe pointed out that Bitcoin has rapidly ascended to new highs without establishing strong supports.

Van de Poppe said:

“Many levels beneath the current price are untested on the weekly timeframe. A healthy way to build up a new cycle is the backtesting of previous resistance levels as new areas of support.”

The analyst also said that the Crypto Fear and Greed Index has reached the “Extreme Greed” level, which can be interpreted as a sell signal according to Van de Poppe.

Bitcoin’s impressive rally to $16,465 comes as the Dow and S&P 500 closed the day in the red with a 1.08% and 0.97% loss.

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on Spotify: http://spotify.cryptonewsalerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 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:

$20,000 will get sliced through easily – then a pop to $28,000#BTC

— Max Keiser (@maxkeiser) November 12, 2020

If the U.S. and China don’t significantly crack down on bitcoin, it’s going to $250,000+ this next cycle.

— Ryan Selkis (@twobitidiot) November 12, 2020

Max Keiser Interview: Bitcoin Will ‘Gobble Up All Fiat’ and Rise Over $100K

https://cointelegraph.com/news/the-bitcoin-price-has-only-been-higher-than-now-for-12-days-in-its-history

https://cointelegraph.com/news/impending-cme-gap-close-could-propel-bitcoin-price-to-18-000

➡️ Tap into OPM (Other People’s Money): http://opm.cryptonewsalerts.net

Morgan Creek Digital co-founder and prominent Bitcoin advocate Anthony Pompliano says the BTC price will soar above $400,000 en route to an $8 trillion dollar market cap.

In a new interview with Peter McCormack, the host of the What Bitcoin Did podcast, Pompliano explains why he expects the king crypto will eclipse the market capitalization of gold.

“Here’s what I continue to tell people, name to me a business that was analog and got digitized and the digital version is smaller than the analog version. It doesn’t happen. It’s because digitization brings all kinds of advantages. It’s a market-expanding technology.

There are people [who] would debate what the size of the gold market is but let’s just use easy numbers. Let’s say that it’s $8 trillion. That puts Bitcoin at, depending on how many are lost or stolen, $400,000 [to] $450,000 today. Do you think that Bitcoin is going to be the equivalent of the gold market? I don’t. It’s better. It’s going to capture more market.”

To support his argument, Pompliano says Bitcoin is a story of technological evolution akin to internet-powered giants like Airbnb and Uber.

“One day, I believe we will say ‘Bitcoin is the largest currency in the world in terms of market cap and it will have no one controlling it.’”

As for the next two years or so, the Morgan Creek Digital executive is sticking to his prediction that BTC will skyrocket to $100,000 by the end of 2021.

Pompliano says the US government’s monetary policy of printing trillions of dollars in stimulus will be one of the main catalysts that will drive the value of the king coin.

“Now what we see is a world where gold, Bitcoin, real estate are all going to do really well. Because you simply can’t print trillion of dollars of a currency and have no impact on that currency.

We’re literally seeing the exact theoretical impact of quantitative easing become reality. They printed trillions. The dollar got weakened. When the dollar weakens, asset prices all explode.”

In other trending Bitcoin News today:

ANALYST: BITCOIN’S RECENT SURGE LOOKS LIKE THE START OF 2019’S 250% RALLY

According to the trader that predicted Bitcoin’s breakout at the start of 2019, BTC looks structurally similar to the 2018-2019 bear market bottom:

“Can’t believe I didn’t see it before. On the Weekly, classic pattern I call the “Smooth Transfer of Power” A. Bears get weaker as price descends B. Bulls silently buying all along take control C. Re-test of power D. Lift off Compare to the Monthly one, Crypto Winter ’18-’19.”

The trader is saying that should history rhyme, BTC is on the verge of an extended bull run.

The formation of Bitcoin’s candles isn’t the only trend that analysts see as a signal of an impending long-term bull run.

Bitcoin’s “Super Trend” on the weekly chart just printed a bullish candle for the first time since the start of 2019’s rally.

The trader who made this observation first wrote in regards to the chart below:

“The supertrend went green on the weekly. Probably no big deal. It’s not like this indicator has marked major macro bull & bear cycles in the past.”

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 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:

Analyst: Bitcoin’s Recent Surge Looks Like the Start of 2019’s 250% Rally

https://cointelegraph.com/news/3-bullish-signs-that-overall-demand-for-bitcoin-is-skyrocketing

➡️ Cryptocurrency Masterclass: http://class.cryptonewsalerts.net

Blockstream CEO Adam Back says he believes retail investors alone can push the Bitcoin price to $300,000 within the next five years.

This equates to a Bitcoin bull rally of around 3,050% from the current BTC price.

Back attributed this high prediction to the influx of investors hedging with Bitcoin, be that Paul Tudor Jones or retail investors like you or I.

He added that with “a lot of money printing” going on in the world, BTC’s use case makes even more sense. Corroborating the $300,000 prediction is the famous Stock to Flow Model from analyst “PlanB,” a pseudonymous quantitative analyst that works as an institutional investor in Europe.

His analysis found that the value of BTC can be tied to its level of scarcity.

The more scarce Bitcoin is, the higher its fair value should be. PlanB plotted this relationship and found that by abstracting time from the model, he can fit a regression that has an R squared value of over 99%.

The regression suggests that Bitcoin will reach a price of $288,000 within the next five or so years.

Although Bitcoin rallying to $300,000 would be accepted by any crypto investor, it may be too low of a prediction.

There are analysts seriously considering that the leading cryptocurrency will reach well past $300,000 in the coming years due to macro trends.

Raoul Pal is one of these analysts.

The former head of Goldman Sachs’ hedge fund sales division and a noted macro analyst recently went on the “Keiser Report” on RT to discuss this.

During the interview, host Max Keiser asked Pal if he thinks Bitcoin has the potential to rival gold’s market capitalization of $9 trillion in the future.

“If it becomes an ecosystem, and we believe it will be and it will take the whole ecosystem with it as well, then yes, I think a $10 trillion number is easily achievable within that process,” the current CEO of Real Vision said.

A $10 trillion market capitalization corresponds with more than $500,000 per coin.

Pal elaborated on his thesis in the April edition of Global Macro Investor — the research business he runs with a business partner.

Bitcoin is likely to erupt higher in the coming years because due to the ongoing recession, there is a risk “of the failure of our very system of money” or at least a collapse of the “current financial architecture.”

To him, cryptocurrencies such as Bitcoin are a way out of that system and may act as the predicate on which the next system is built upon.

Pal said on Bitcoin in particular:

“It is an entire trusted, verified, secure, financial and accounting system of digital value. […] It is nothing short of the future of our entire medium of exchange system, and of money itself and the platform on which it operates.”

In other trending Bitcoin News today:

Massive Bitcoin Plunge Nothing More Than Traders Being Traders, OKCoin Exec Says

Bitcoin’s recent price dive may have been nothing more than the result of standard trading activities.

Follow Us:

🔥 Blog/Podcast: http://CryptoNewsYes.com

🔥 Subscribe on YouTube: http://CryptoNewsAlerts.net

🔥 Subscribe on iTunes: http://itunes.cryptonewsalerts.net

🔥 Subscribe on Stitcher: http://stitcher.cryptonewsalerts.net

🔥 Subscribe on TuneIn: http://tunein.cryptonewsalerts.net

🔥 Follow on Twitter: https://twitter.com/CryptoNewsYes

🔥 Join our Private Crypto FB group: ► http://fb.cryptonewsalerts.net

🔥 Join our Private Crypto Telegram group: ► http://telegram.cryptonewsalerts.net

🔥 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://cointelegraph.com/news/massive-bitcoin-plunge-nothing-more-than-traders-being-traders-okcoin-exec-says