💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
To HODL Bitcoin is to love BTC. And love, being the primary experience which we were set upon this earth for, should be spread like pollen in the wind.
Retail investors have the ability to drive us to a $1 million Bitcoin price all the sooner through their efforts to show Bitcoin to others — or BTC will simply show itself.
In other trending Bitcoin News today: Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market!
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations of crypto businesses.
🔥 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:
https://bitcoinmagazine.com/culture/retail-investor-1-million-bitcoin-price
https://news.bitcoin.com/ukraine-adopts-law-on-virtual-assets-to-regulate-crypto-market/
You Might also like
-
BITCOIN HAS BEEN A MONSTER FROM BITCOIN HAS BEEN A MONSTER FROM $1 AND NOW HEADING TO $400K SAYS MAX KEISER! BTC APOCALYPSE SURVIVAL AND NOW HEADING TO 0K SAYS MAX KEISER! BTC APOCALYPSE SURVIVAL
➡️ REPLAY – Teeka Tiwari’s ‘Set For Life’ Summit: Register here: http://teeka.cryptonewsalerts.net
“Bitcoin has been a monster from $1 to $11,000 and is now heading to $400,000”, says BTC pioneer Max Keiser, RT host of the Keiser Report.
When asked about a timeline for his bullish $400K Bitcoin price prediction, Max responded,
“It all depends upon how fast the dollar collapses, BTC has no top.”
Max says Bitcoin has no top because the US dollar has no bottom and when it comes to investing…
“You want hard money, something they can’t print.”
In other trending Bitcoin News today:
Apocalypse Survival Requires 1 BTC…
Says Joe Rogan Guest Celebrity and podcaster Adam Curry described the importance of Bitcoin to podcaster and comedian Joe Rogan.
He posited the asset’s importance amid an internet-based world which thrives on personal data sales, banking activities, and centralized control.
“The apocalypse is coming, and you’re gonna need a Bitcoin — at least one,” Curry said in a Sept. 8 interview with Rogan.
“Are you a Bitcoin salesman, Adam Curry?” Rogan responded, put off at first by the comment.
“I was very anti-Bitcoin, until I sold a s***load of them at like $900,” Curry said said, noting he acquired a stack of the asset in its early days. “I got them for nothing,” he said, adding:
“People just gave them to me in the beginning and I denied it.”
He then referenced the industry’s progress over the last decade, including mention of altcoins.
Rogan responded, opening an age-old can-of worms. He asked Curry why BTC remains in the number one go-to position among thousands of other crypto assets, wondering if another asset will overtake the asset’s spotlight.
“Ten years of data have shown that Bitcoin really is the only one that you can trust,” Curry said, referring to the asset’s resistance against manipulation and its trail-blazing technical makeup.
Much talk of a flippening — a digital asset overtaking Bitcoin’s market cap — has come and gone over the years, but no asset has yet achieved such a feat.
In other Crypto news today:
BITCOIN CLOSING ABOVE THIS LEVEL COULD TRIGGER A MOVE BACK ABOVE $11,000
Bitcoin has flirted with a recovery ever since it hit $9,800 late last week.
The leading cryptocurrency currently trades at $10,250, but traded at both $9,900 and $10,400 over the past few days.
A crypto analyst believes that the cryptocurrency closing above $10,450 could trigger a recovery to $11,200. $11,200 is 9.2% above the current price and 7.1% above the validation point of this bullish theory.
“No candle has closed below 10.100 in 7 days, good work of the Spartans. Now bulls need to close above to 10.450 to “confirm” a up move to 11.2k.”
This trader isn’t the first to have assigned importance to the resistance in the $10,450 region.
A historically accurate analyst thinks that Bitcoin moving above $10,500 could trigger a textbook Wyckoff Accumulation pattern.
That pattern, should it play out, will take BTC back into the $11,000-12,000 range as the above analyst also suggested.
Analysts still think that macroeconomic trends favor Bitcoin’s growth in the longer run.
Mike McGlone, a senior commodity analyst at Bloomberg Intelligence, recently wrote on the matter of BTC’s price action:
“Gold at $1,900, Bitcoin $10,000 Return to Decisive Support Zone – Some overdue mean reversion in the stock market is pressuring most assets, but we expect gold and Bitcoin to come out ahead in most scenarios. Declining equity prices encourage more monetary and fiscal stimulus…”
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:
BOOMERS had it easy. Plenty of jobs-low cost real estate-rising stock market. MILLENNIALS have it hard. 9/11, 2008 real estate crash-now Covid-19. Good news. Millennials tech savvy. Boomers not. Bitcoin-Block chain-Digital currencies give Millennials head start into the future.
— therealkiyosaki (@theRealKiyosaki) September 9, 2020
#Gold at $1,900, #Bitcoin $10,000 Return to Decisive Support Zone – Some overdue mean reversion in the stock market is pressuring most assets, but we expect gold and Bitcoin to come out ahead in most scenarios. Declining equity prices encourage more monetary and fiscal stimulus.. pic.twitter.com/8dkJ2vdkdg
— Mike McGlone (@mikemcglone11) September 9, 2020
Bitcoin Closing Above This Level Could Trigger a Move Back Above $11,000
Post Views: 234 -
BLOOMBERG: BITCOIN AIMING FOR 0K AMID RISING DEMAND!! ADAM BACK PREDICTS K BTC PRICE BY 2022!!
➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net
Bloomberg Intelligence commodity strategist Mike McGlone says the Bitcoin price could be en route to $100,000, but BTC investors will have to wait.
In a new edition of the Bloomberg Crypto Outlook, McGlone says that Bitcoin is on track to breach key resistance at $14,000 as indicators show that investors are flocking into the number one cryptocurrency.
“Our chart depicts the market cap of the Grayscale Bitcoin Trust (GBTC) approaching Bitcoin equivalent holdings of 500,000. A year ago, this direct indicator of investor demand held less than half that amount. Inflows in GBTC, the largest exchange traded product, absorbed about 70% of new Bitcoin supply in 3Q, we calculate.
Also featured in our graphic is the 30-day average of Bitcoin active addresses from Coinmetrics. This strong price companion points to the crypto closer to $15,000 vs. about $10,500 on Oct. 2. Addresses plunged with prices in 2018 and were a leading indicator of the Bitcoin recovery in 2019.”
McGlone also highlights Bitcoin’s unique property in that price does not influence supply, which leaves adoption as the number one metric to measure value.
According to McGlone, Bitcoin’s valuation will rise on the back of rising adoption rates, and BTC’s historical price history suggests $100,000 could happen by 2025.
“Still in hangover mode from the 2017 rally, we don’t know what specific catalyst might launch Bitcoin to new highs, but demand vs. supply metrics remain price-positive. If the crypto echoes its past gains, with some maturation, about double the time period it took to add a zero to $1,000 could get its price to $100,000 in 2025.”
In addition, the Bloomberg Intelligence strategist says that the current macroeconomic landscape should serve as a tailwind for Bitcoin’s ascent.
“In an unparalleled macroeconomic backdrop of rapidly increasing fiscal and monetary stimulus, limited supply stores of value such as gold and Bitcoin stand to prevail, in our view. This should be true when traditional asset classes – stocks and bonds – are overextended.”
In other trending Bitcoin News today:
Bitcoin Pioneer Adam Back Predicts $50,000 BTC Price By 2022 Or Sooner
Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative,” and those levels should hit in less than two years.
That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC price outlook on Monday.
Back was responding to a report by Yassine Elmandjra, a crypto-asset analyst at investment advisor Ark, who in September forecast a Bitcoin market cap of $1 trillion to $5 trillion by 2030 at the latest.
Ark is well known for its enthusiastic price forecasts for Tesla stock, which saw an almost unbelievable rise in 2020.
“Conservative. I’d say bitcoin likely sees $1 trillion market cap within 2 years, probably sooner. $1 trillion is about BTC $50k,” he said.
As of October, Bitcoin’s market cap is just over $198 billion.
For Back’s prognosis to come true, the market would need to see a 400% increase by 2022.
For reference, at the start of October two years ago in 2018, the figure stood at $114 billion.
BTC/USD traded at $6,600, two months before the pit of its bear market which bottomed out at $3,100.
Further responses to Ark included on-chain data resource Ecoinometrics, which highlighted a $2 trillion Bitcoin market cap as equal to that of Apple.
BTC/USD would trade at $100,000 under such circumstances, while to equal gold, the pair would need to reach $500,000.
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:
For context a $2 trillion market cap for #Bitcoin would put one BTC at $100,000.That’s also the same market cap as Apple.To reach the market cap of gold, one BTC would be worth about $500,000.
There is plenty of upside to come. pic.twitter.com/L1yDnaCWdg
— ecoinometrics (@ecoinometrics) October 5, 2020
https://assets.bbhub.io/professional/sites/10/Bloomberg-Indices-Outlook_Cryptos_Oct-2020.pdf
https://cointelegraph.com/news/bitcoin-pioneer-predicts-1t-btc-market-cap-by-2022-or-sooner
Post Views: 234 -
BITCOIN DUE FOR A BREAK BELOW $30K WARNS TOP TRADER!! MAJOR SHIFT HAPPENING BEHIND THE SCENES!!
💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts
A Bitcoin breakout to avoid a fresh price dip below $30K would be a “miracle,” says top trader Crypto Ed, as storm clouds gather for BTC bulls.
“Now in green box but I’d expect 1 more leg down today, followed by a bounce to ~35k From there down again, sub 30k, or ‘up only’ again, but the latter feels more like a miracle tbh.”
In other trending Bitcoin News today: As Bitcoin and Crypto Markets Retreat, On-Chain Analyst Says Major Shift Happening Behind the Scenes! With the crypto market struggling to sustain any bullish momentum, Popular on-chain data analyst William Clemente tells his 99,700 Twitter followers that sellers in the BTC market are starting to show signs of exhaustion.
🔥 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:
https://cointelegraph.com/news/bitcoin-price-due-for-break-below-30k-trader-warns-after-9-daily-loss
Post Views: 254