REAL REASON TO BELIEVE BITCOIN WILL HIT $10 MILLION BY THIS DATE!! BTC HYBER-BULLISH ASCENSION!!

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BITCOIN BTC DOMINANCE DOWN 11%

Bitcoin has started to consolidate just above the $10k mark but altcoins are still climbing which has pushed BTC dominance to an eight-month low.

Has the alt season finally arrived? Since the beginning of this year, the BTC market share has declined by almost 11%.

By the end of last year it had topped 70% but today it has dropped to 62.5% according to Tradingview.

This is the lowest it has been since early July 2019. The Bitcoin price itself has made around 44% this year in a climb from just under $7,200 to top out at $10,500 a couple of days ago.

These gains are impressive when compared to any other asset such as gold which has only managed just over 4% in the same period.

However, in the world of cryptocurrencies, these gains have been eclipsed by some of the altcoins, several of which have surged by three figures since the beginning of the year.

Total market capitalization itself is up over 60% since New Year’s Day as the rest of the cryptocurrencies out-perform their big brother.

Total crypto market cap topped $300 billion this week which is the highest it has been since early August last year.

XRP Price Hits 7-Month High as BitMEX Users Reel From 60% Flash Crash BitMEX continues to field major criticism and even anger from traders who lost huge amounts of money in a flash crash involving altcoin Ripple XRP.

The crash, which occurred at 14.00 UTC on Feb. 13, saw XRP/USD fall 60% from $0.33 to just $0.13 – for two seconds.

In that time, traders complain, measures designed to prevent liquidations of positions failed to activate, and BitMEX automatically erased their entire balances.

BitMEX is well known for offering trades with significant leverage. In the case of XRP, traders are able to leverage by up to 50 times.

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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:

Look urself in the mirror first dude and ask yourself, “who am I ? What am I?” You need it seriously.

— CRYPTO BUDDHA (@AntonioB162738) February 13, 2020

https://cointelegraph.com/news/xrp-price-hits-7-month-high-as-bitmex-users-reel-from-60-flash-crash

https://bitcoinist.com/bitcoin-dominance-drops-to-8-month/

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Renowned quantitative analyst PlanB is revealing what he thinks the end of this year will bring for Bitcoin, and how much longer the current crypto bull market can last.

The top end of PlanB’s S2FX model pins $288,000 for BTC at the peak of this cycle. However, the analyst suggests that a brief shot above that target before finally correcting is not impossible.

“I guess we will be above $100,000 [or] above $135,000 at the end of the year, and we’ll continue to grow maybe towards the S2FX model targets, $288,000 or even above. I would not be surprised even to see in Q1 or Q2 next year, prices of $300,000, $400,000, $500,000…”

In other trending Bitcoin News today: Bitcoin Supply Shortage Setting the Stage for Higher Prices, According to Crypto Analyst Nicholas Merten!

Popular crypto analyst Nicholas Merten of DataDash is looking at one key metric to explain what’s fueling Bitcoin’s bull run towards new all-time highs.

“So we’re in October. We were hoping by the end of this year that we would see a rise back up to previous all-time highs of 65k, and then set the stage to continue climbing higher and make new all-time highs in price, and eventually charter towards six-digit territory at 100k, and with our most euphoric estimate being $200,000 in this cycle.

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🔥 [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/bitcoin-search-interest-nears-1-year-lows-as-btc-price-slips-below-55k

https://cointelegraph.com/news/bitcoin-60k-resistance-hints-at-buy-the-dip-opportunity-before-all-time-highs-analyst

Episode 25

➡️ [PODCAST PROMO] Get 250,000 CMDX Tokens from our sponsor (Valued at $25) For Free: Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper (Bitcoin Bull) in an interview with The Bitcoin of Crypto Street…