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0K BITCOIN PRICE IN COMING YEARS SAYS MAX KEISER TO ALEX JONES | It's Smart To Diversify Into BTC
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American radio star, host of Infowars, and far-right conspiracy theorist, Alex Jones, met with pro Bitcoin champion Max Keiser.
He admits, “You’re right, I should have gotten involved in Bitcoin a long time ago”.
ALEX JONES SAYS ‘IT’S SMART TO DIVERSIFY’ INTO BTC
In a must-see video discussion between Alex Jones and Max Keiser, the two men talk a lot about the Bitcoin price.
Jones says he likes how Bitcoin “brings diversity to the marketplace”.
He points to how BTC can never be shut down unlike money in an offshore bank account.
Keiser is visibly in his element. Jones explains to his listeners that he hadn’t previously endorsed Bitcoin (BTC) because he wasn’t completely sure.
He says he would never tell them to go out and buy something he wasn’t sure about.
However, on reflection, “it’s smart to diversify.” He then tells Keiser: “You’re right, I should have gotten involved in bitcoin a long time ago” – Alex Jones
Jones may have “missed out” on buying Bitcoin at $1, $100, and $1,000. But even at $10,000, he will still make a 40x return since Keiser says Bitcoin will be worth $400,000 in the coming years.
Jones notes that he likes how you can tailor your approach to buying Bitcoin.
He calls it a “completely legitimate” way of diversifying your wealth.
Keiser confirms that no one can confiscate your Bitcoin. He calls it “gold 2.0” and says that, unlike gold, you don’t need any third-party to verify that it is real – just the blockchain.
That must be what ruffled the feathers of Peter Schiff the most.
Signal That Preceded 10% Bitcoin Boom Appears Again, and It’s Big for Bulls | The BTC Price Is About to Roar Even Higher, Indicator Predicts
If you’ve spent any time at all perusing Crypto Twitter, you likely know of TD Sequential, which is a time-based indicator that tries to predict when an asset will see a certain trend or reversal of its ongoing trend.
The Sequential has done well in predicting Bitcoin’s trends. Extremely well.
So well, in fact, that the creator of the indicator remarked in an interview with Bloomberg that 13 candles (signals reversals) were seen when Bitcoin hit $20,000 in December 2017, when BTC cratered to $3,150 in December 2018, and near the $14,000 top seen in June.
The indicator is now signaling that Bitcoin will see a reversal on a short-term time frame. Analyst Crypto Hamster remarked that the TD Sequential for the four-hour chart just printed a red 9, suggesting a recovery towards $10,000 and beyond.
Indeed, the prior 9 candle seen on the four-hour chart was a precursor to a 10% surge higher than brought the asset from $9,600 or so to $10,550 in a few days’ time.
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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:
Alex Jones just invited @maxkeiser and me on his show to debate Bitcoin. I accepted but Max refused the invitation. So I win by default. I would have preferred an active victory, but at least this way Max can’t scream and call me names!
— Peter Schiff (@PeterSchiff) February 17, 2020
Alex Jones has capitulated. After 10 years of watching the #Bitcoin bubble inflate, at $10,000 per coin he thinks now’s the time to urge his listeners to buy. This is how manias end. Greed overwhelms reason as people once too sensible to buy join the party just as it’s ending.
— Peter Schiff (@PeterSchiff) February 17, 2020
Back in 2011, when #Bitcoin was $1, @KeiserReport told our global audience: ‘Bitcoin is the currency of resistance, the new, better Gold. It’s going to $100,000. It’s the best way to fight fiat-money, corrupt bankers. Everyone should buy Bitcoin’.pic.twitter.com/AfDdJgHdE7
— BITCOIN IS PEACE 🍊💊 (@realmaxkeiser) February 15, 2020
Signal That Preceded 10% Bitcoin Boom Appears Again, and It’s Big for Bulls
Post Views: 121 -
“Bitcoin Could Go to “Bitcoin Could Go to $1,000,000” Says Kraken’s Head of Business | BTC Model Predicting $100K by 2021,000,000” Says Kraken’s Head of Business | BTC Model Predicting 0K by 2021
➡️ Teeka Tiwari – Investment of the Decade: http://2020.cryptonewsalerts.net
Kraken Head of Business Dan Held explains why he believes the Bitcoin (BTC) price could reach $1,000,000.
Dan Held has been involved in crypto since 2013. In his latest interview with Cointelegraph, he dives into the early crypto meetups in San Francisco’s Mission District and explains how the price of one BTC could eventually reach a million dollars.
Bitcoin will become “very boring” Bitcoin is famous for its volatility, but Held thinks that won’t always be the case.
He believes Bitcoin to be digital gold. With that thesis comes the expectation that there will be immense growth in the asset’s market capitalization.
“Bitcoin in its final stages decades from now will be something very boring. Like our grandkids will go, ‘Grandpa, Grandma, I only hear about Bitcoin. Everyone’s got Bitcoin.’ It’s like, who cares? Like it’s a boring investment. It’s like holding cash.”
Held predicts Bitcoin to hold from $5 trillion to $100 trillion dollars of value in its “final stages.”
This would result in a transformation from a highly volatile asset to a “very boring” currency. Held’s belief in Bitcoin is unshakeable.
He’s seen his net worth go up and drop 80% three times. And yet, 90% of his current net worth remains in Bitcoin.
His unwillingness to diversify his portfolio comes from a staunch belief that blockchain technology is only useful for Bitcoin.
“Satoshi purposely built blockchain tech to build Bitcoin. Blockchain tech sucks. It’s terrible. It makes so many tradeoffs to build Bitcoin that it is basically ineffective for almost anything else.”
Under this line of thought, which he calls “Bitcoin minimalism” to spite Vitalik Buterin, he doesn’t see a reason for altcoins to exist.
To Held, altcoins are just experiments that have yet to prove blockchain is useful for anything but Bitcoin.
In other trending Bitcoin News today:
Sparks Fly as Critics Question Bitcoin Model Predicting $100,000 by 2021
The Bitcoin Stock to Flow (S2F) model created by the pseudonymous analyst “PlanB” has been a controversial subject over the past year.
A majority of cryptocurrency investors on Twitter seemingly believe in the model, though it’s increasingly come under fire.
Debate about PlanB’s work has come to a head over the past few days as prominent commentators have chimed in.
The model predicts that after 2020’s block reward halving, BTC will rise to a market capitalization of $1 trillion.
That corresponds with approximately $55,000 per coin. It has since been updated with a new regression formula that suggests Bitcoin will reach $100,000 in 2020 or 2021.
PlanB’s updated iteration of the model has a high R squared value of ~95% and is purportedly “cointegrated” with BTC’s price.
Statistics lingo aside, the S2F model’s proponents say that this is a confirmation that the model has credence.
“Why are people dunking on the s2f model just a few difficulty adjustments past the halving? The prediction was that BTC will be $100k before the end of 2021. Declaring victory now is like declaring victory 5 minutes into the game.” – Jimmy Song
“So far, the arguments “debunking” S2F for BTC appear to be just random word-salads by attention seekers. S2F is a valid and vital analysis of Bitcoin price that provides excellent insight into the market.” – Max Keiser
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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 this interview I debunk these arguments:– “S2F is invalid because it doesn’t work for altcoins”
– “Scarcity doesn’t give something value. I own a pair of socks my grandma made of which only 1 pair exists in the world. How valuable does that make them?”https://t.co/YS1pQiVsBs
— PlanB 🔴 (@100trillionUSD) July 3, 2020
Why are people dunking on the s2f model just a few difficulty adjustments past the halving?The prediction was that BTC will be $100k before the end of 2021.
Declaring victory now is like declaring victory 5 minutes into the game.
— Jimmy Song (송재준) (@jimmysong) July 2, 2020
So far, the arguments “debunking” S2F for BTC appear to be just random word-salads by attention seekers.
S2F is a valid and vital analysis of #Bitcoin price that provides excellent insight into the market. https://t.co/diqJfThIg3
— Max Keiser (@maxkeiser) July 3, 2020
Sparks Fly as Critics Question Bitcoin Model Predicting $100,000 by 2021
https://cointelegraph.com/news/krakens-head-of-business-bitcoin-could-go-to-1-000-000
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LIVE BITCOIN TECHNICAL ANALYSIS WITH PHILIP SWIFT SUGGEST BTC PRICE WELL ABOVE 0K NEXT YEAR!
➡️ REPLAY: “The Crypto Catch-Up” – http://teeka.cryptonewsalerts.net
In this exclusive interview, crypto analyst Philip Swift shares some live Bitcoin technical analysis which suggest we easily see a $100K+ BTC price next year.
“Into next year, probably Q3, Q4 I think we’ll be around $100K. Then as you’ve seen before we get these blow-off tops. Once price breaks above the red line I can easily see us heading up well above $100K, maybe the high $100K levels, so good times ahead.”
Philip also shares some very bullish on-chain analysis charts as well as the ‘Golden Ratio Indicator’ which suggest a $22K-$24K Bitcoin price target in the weeks ahead.
Show Notes / Resources:
🔥 Philip’s DecenTrader Software: https://decentrader.com/
🔥 Follow Philip on Twitter: https://twitter.com/PositiveCrypto
In other trending Bitcoin News today:
Not just Wall Street: Quant Trader Explains Why Bitcoin Price Is Going Up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the BTC price.
The catalysts are increasing adoption, whales, inflows from other products into Bitcoin, and influence from other markets.
Alameda Research is a major cryptocurrency firm that trades a variety of cryptocurrencies and derivatives, with a volume between $600 million and $1.5 billion a day.
Throughout the past month, Cointelegraph has continued to report on the trend of whale accumulation.
Whale clusters form when whales buy Bitcoin and do not immediately sell. This typically indicates that whales bought BTC, sent them to their personal wallets, and have not moved their funds.
The accumulation of Bitcoin from whales possibly synergized with a profit-taking pullback in the altcoin market. Notably, when the decentralized finance market pulled back, Bitcoin continuously saw a significant rally.
Based on various trends and data points, Trabucco said the four abovementioned factors likely contributed to the Bitcoin rally over the past months. He wrote:
“So, first off, why ‘up’? There’s been a lot of discourse about this — some reasons for BTC to go up I’ve seen postulated include lots of institutional buying, increased adoption, ‘whales,’ outflows from faddish products back into BTC, influence from other markets, etc.”
Atop these factors, Cointelegraph reported that the Bitcoin exchange reserves are also declining at a rapid rate.
Bitcoin exchange reserves drop when investors increasingly pull their funds out of exchanges. Since investors often deposit cryptocurrencies to exchanges to sell, this trend suggests that there are fewer sellers in the market and a smaller available supply of BTC.
When positive fundamental and technical factors coincide with an overall drop in selling pressure, it could buoy the momentum around Bitcoin.
According to Trabucco, Joe Biden’s projected victory and the prospect of Moderna and Pfizer vaccines are both positive factors for Bitcoin.
The support for Bitcoin from various tech companies including PayPal, banks, politicians, high-net-worth investors and billionaires are all likely pushing up the BTC price, the trader argues. He wrote:
“My take would be: eh probably a combination. I do think that Biden’s victory and the vaccines were net good for e.g. SPY which has both short- and long-term correlation to BTC in the COVID era, which contributed.
And there are also legit a lot of traditional companies / entities — banks, hedge funds, random rich people, thought leaders, tech companies, Wyoming senators, etc. — signaling support for BTC, which both directly (buying) and indirectly (sentiment) influences its price up.”
In the near term, the roadblock for Bitcoin remains the $18,500 resistance area. Above it, there is little resistance until a new all-time high, after which BTC would enter the uncharted waters of price discovery.
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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:
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