TEEKA TIWARI: 5 *MORE* COINS TO MILLION | Coronavirus Will Send Bitcoin Price to 0,000 in 2020

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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

Alex Jones Finally Becomes a Bitcoin Believer

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Bitcoin is now down 55% ($35,000) since it’s all time high near $65,000 making this the biggest BTC correction by far this year. Two key Bitcoin price metrics signal that whales bought the dip, a hint that BTC may be gearing up for a new all-time. If history repeats and a 95% rally follows this Bitcoin crash, BTC could reach $83,000 in mid-June.

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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://markets.businessinsider.com/currencies/news/bitcoin-michael-saylor-microstrategy-purchases-10-million-cryptocurrency-musk-2021-5-1030442667

https://cointelegraph.com/news/83k-bitcoin-price-in-the-cards-after-data-shows-btc-whales-bought-the-dip

https://cointelegraph.com/news/stocks-china-and-the-dollar-3-reasons-why-bitcoin-price-is-tanking-below-40k

https://cointelegraph.com/news/nearly-a-quarter-of-unique-bitcoin-wallets-at-a-loss-amid-15k-price-dump

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The Bitcoin price has support to climb all the way to $15,000 per BTC if historic trends repeat themselves this year, a new report says.

Compiled by crypto index fund provider Stack Funds on Oct. 15, the report highlights Bitcoin’s market cap vs. realized cap ratio (MVRV) fueling gains, which could smash $12,000 resistance.

The BTC price has yet to attempt a breakout of $12,000, seeing rejection at $11,700 this week.

This has failed to dent optimism among analysts, who believe that $11,000 will provide solid support.

Going forward, however, the period following the United States elections in early November may result in more upside.

For Stack Funds, this hinges on the MVRV ratio. This is currently at 1.8, with signs that a retest of 2.5 from 2019, when BTC/USD hit $13,800, is in play.

“The current MVRV ratio is at 1.8, and is purportedly well supported by the trendline where bitcoin bottomed back in late 2018. The trend is also painting a similar trajectory as it did back in the 2017 bull run, with a steady growth inclination that tested an identical support trendline multiple times,” the report states. 

“Given the strength in support, we are expecting a significant break of 2.0 in the near term as it looks to retest the 2019 peak at 2.5, which will put Bitcoin price above the $15,000 level.”

Stack also noted increasing institutional interest in Bitcoin as cementing the idea that the future is firmly bullish for price action.

Stone Ridge investing $115 million followed Square’s $50 million purchase, both gaining publicity on the back of MicroStrategy’s larger $425 million treasury investment.

Bitcoin futures open interest is also climbing this month, signaling that institutional activity is picking up once more.

“We further view that a re-positioning is occurring in the market with a possible shift in the economic climate, as futures volumes and open interest are starting to recover,” Stack’s report explains. 

“Our eyes are peeled on the $12,000 key resistance level, as we expect further consolidation around current levels going into the elections before breaking into the upside going forward.”

In other trending Bitcoin News today:

‘Shorts Will Be Dead’ – Why Dan Tapiero Expects A Massive Bitcoin Shortage

In recent months, there has been a considerable spike in institutional demand for Bitcoin (BTC) following several high profile investments.

Over time, asset manager and 10T Holdings co-founder Dan Tapiero believes this could lead to a problematic shortage in BTC.

Alongside investments from Square, MicroStrategy and Stone Ridge, Bitcoin inflows to Grayscale Bitcoin Trust have surged.

Based on the rapid growth of institutional investments, Tapiero warns that short-sellers could see trouble in the future.

In the third quarter of 2020, the Grayscale Bitcoin Trust recorded an inflow of $1.05 billion.

This marked the firm’s first billion-dollar quarter and also highlights record-high institutional demand.

The firm’s quarterly report reads:

“Grayscale recorded its largest ever quarterly inflows, over $1 billion in 3Q20, making it the third consecutive record-breaking quarter. Year-to-date investment into the Grayscale family of products has surpassed $2.4 billion, more than double the $1.2 billion cumulative inflow into the products from 2013-2019.”

Considering the continuous increase in Grayscale inflow from institutional investors, Tapiero said:

“SHORTAGES of Bitcoin possible. Barry’s Grayscale Trust is eating up BTC like there is no tomorrow. If 77% of all newly mined turns into 110%, it’s lights out. Non-miner supply will get held off market in squeeze. Shorts will be dead. Price can go to any number.”

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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:

SHORTAGES of #Bitcoin possible.

Barry’s @Grayscale trust is eating up btc like there is no tomorrow.

If 77% of all newly mined turns into 110%, it’s lights out.Non-miner supply will get held off mkt in squeeze.

Shorts will be dead. Price can go to any number. pic.twitter.com/4S4TrLNH8J

— Dan Tapiero (@DTAPCAP) October 14, 2020

October is the month I gradually increase my $ALTS exposure, I’ll have at least 15% of my early October $BTC stash converted by months end.

No FOMO needed: smart bidding is the aim for now. I said it in 2019: couple months past halving I accumulate $ALTS big, trigger in motion.

— SalsaTekila (@SalsaTekila) October 10, 2020

❓Why does #bitcoin price not go up with all this institutional buying? Who is selling? BTC price is exactly where it should be, holding firm above $10K, waiting for that one moment .. asymmetrical returns .. patience! pic.twitter.com/pCyftmvHco

— PlanB (@100trillionUSD) October 16, 2020

https://mcusercontent.com/45836f27729699cf7a484a367/files/968c4a86-3082-4463-bf98-ab6beaa43011/Stack_Research_15_Oct_2020.pdf

https://cointelegraph.com/news/bitcoin-price-metric-suggests-15k-surge-after-us-elections-report

https://cointelegraph.com/news/shorts-will-be-dead-why-dan-tapiero-expects-a-massive-bitcoin-shortage