TEEKA TIWARI PREDICTS CRYPTO’S NEXT TRILLION DOLLAR COIN!! ELON MUSK HOLDS $5 BILLION IN BITCOIN!!

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Dan Held from the crypto exchange Kraken, says Bitcoin is in a much stronger position now with the possibility of skyrocketing to $100,000 per BTC in 2021.

In an interview with crypto influencer Lark Davis, Held says that Bitcoin remains a risk-on asset as he anticipates the Biden administration to print more money at an unprecedented rate.

“If you look at options pricing in Biden, he’s being priced into the market and his impact is being priced in as a positive because he will spend more money. Money printer will go brrr, and the Democrats will likely go brrr at an even faster rate than Republicans and they’re both brrring at a rate we’ve never seen in US history…

Insane amounts of money. People are like ‘Bitcoin, at a $100,000? Oh man, that would be a $2 trillion market cap.’ I’m like ‘Yeah, we just printed that much last week alone.”

Despite the bullish target, Held doesn’t discount the possible threat of the paperization of Bitcoin where large corporations such as PayPal buy huge amounts of BTC but do not allow the deposit or withdrawal of the crypto asset from their ecosystem, which eliminates the need to settle transactions on-chain.

“If big corporates decided that they don’t care about Bitcoin’s layer one or care about Bitcoin’s settlement mechanism and then they [are] fine with settling with each other, then that gets pretty scary where it’s like, ‘Well, what if we just rebuilt the old system where no one cared about the settlement guarantee of the Bitcoin layer?”

Held himself though says he still strongly believes in Bitcoin’s core settlement system and doesn’t see any reason to use any counterparty.

“We look at that from a very critical perspective, we don’t want to take on any additional risk. Bitcoin as a settlement mechanism is phenomenal so I think there would have to be a really strong reason not to use that.”

In other trending Bitcoin News today:

“PLANB SAYS BITCOIN WILL TAP $100K-$288K BEFORE DEC. 2021!!”

In a recent tweet the stock-to-flow model creator PlanB shares the following Bitcoin price prediction:

“People ask if I still believe in my model. To be clear: I have no doubt whatsoever that Bitcoin S2FX is correct and Bitcoin will tap $100K-288K before Dec2021. In fact I have new data that confirms the supply shortage is real. IMO 2021 will be spectacular. Not financial advice!”

And regarding Bitcoin’s relationship to gold he pointed out the following in another tweet:

“Bitcoin priced in gold. 1BTC = 8 ounces of gold, up 1 ounce in 1 month .. and counting”

In other trending Crypto news today:

“3 Ways Bitcoin Price And Stocks May React to a Biden Presidency”

On Nov. 7 several major media outlets announced that after 4 days of rigorous vote-counting in key battleground states Joe Biden had managed to secure enough electoral votes to become the 46th President of the United States.

As the excitement over an incredibly close election starts to abate, analysts will take a closer look at how a Biden presidency may impact traditional markets and Bitcoin price.

Three key factors to consider are the eventual passage of a new round of economic stimulus, a strengthening U.S. dollar, and the possibility of a stock market recovery.

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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:

People ask if I still believe in my model. To be clear: I have no doubt whatsoever that #bitcoin S2FX is correct and #bitcoin will tap $100K-288K before Dec2021. In fact I have new data that confirms the supply shortage is real. IMO 2021 will be spectacular. Not financial advice! pic.twitter.com/GNSxLIt7NG

— PlanB (@100trillionUSD) November 8, 2020

https://cointelegraph.com/news/3-ways-bitcoin-price-and-stocks-may-react-to-a-biden-presidency

https://cointelegraph.com/news/bitcoin-at-15k-is-now-bigger-than-paypal-coca-cola-netflix-disney

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Bitcoin (BTC) should see a “large” price increase thanks to a rare bullish phenomenon that has just hit for the first time in seven years.

In his latest update on Bitcoin’s relative strength index (RSI), popular Twitter analyst TechDev flagged major similarities between this year and the 2013 BTC bull run.

“Bitcoin had its 2nd bullish monthly stoch RSI cross between 20 and 80 this cycle. An especially bullish cross. Sep 2021 and May 2020,” TechDev commented alongside a chart showing the action.

“This cross only happened two other times in history. You guessed it. Sep 2013 and May 2012. Large pumps followed all 3 previous crosses.”

In other trending Bitcoin News today: Fifth-Largest US Retail Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients!

U.S. Bank announced Tuesday that its cryptocurrency custody services are now live and available to its Global Fund Services clients.

“The services are intended for institutional investment managers with private funds in the U.S. or Cayman Islands who would like a safekeeping solution for bitcoin – with additional coin support coming soon.”

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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://cointelegraph.com/news/large-pump-coming-to-bitcoin-hints-btc-price-metric-but-maybe-not-until-december

https://news.bitcoin.com/us-bank-launches-cryptocurrency-custody-services-strong-demand-institutional-clients/

https://cointelegraph.com/news/mr-wonderful-s-crypto-allocation-is-now-larger-than-his-gold-holdings

https://cointelegraph.com/news/bitcoin-price-pushes-through-51k-extending-bulls-short-term-target-to-56k

➡️ Teeka Tiwari – Investment of the Decade:  http://2020.cryptonewsalerts.net

Bitcoin (BTC) will hit $500,000 according to Max Keiser because the United States will start a giant hash war with Iran and Venezuela — and it’s already started.

In the latest episode of his “Keiser Report” TV show, Max Keiser predicted that the Iranian and Venezuelan regimes would force the Trump administration to embrace BTC.

Thanks to Tehran potentially controlling 3% of the Bitcoin hash rate already and Venezuela — briefly — accepting BTC payments, the U.S. joining the fight for Bitcoin supremacy is only a matter of time.

“Iran has already got 3% of global hash rate, so now I think Venezuela will get 3%–5% pretty quickly,” Keiser said.

“And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.”

For Keiser, repeating previous arguments, Bitcoin represents the “reformation of free speech” which governments deny citizens by controlling the currency, and therefore the entirety of their position within the state.

“Bitcoin is the Mona Lisa of the 21st century: It’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God,” he continued.

“So, this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

The current situation on macro markets versus the suffering of many Americans, exemplified in the Black Lives Matter protests, speaks to Keiser’s point. Anger with the government, and the dilution of the U.S. dollar, contrasts with stock markets seeing their best quarter since 2011.

At the same time, the Federal Reserve has taken ownership of huge chunks of the equity markets, equal to 30% of U.S. gross domestic product.

Last week, Keiser appealed to protesters to abandon their mode of retaliation and simply buy Bitcoin instead.

He summarized:

“The truth is if you want individual sovereignty, if you want justice, if you want uncensorable, unconfiscatable, indestructible wealth, there’s only one way to go — and that’s Bitcoin.”

In other trending Bitcoin News today:

This Eerie Bitcoin Fractal Sees BTC Price Above $70,000 By Mid-2021

As Bitcoin stays motionless near $9,100, one of its old fractals is pointing to a full-fledged breakout towards $70,000 or above.

Spotted first by Artem Shevelev, a TradingView-based market analyst, the pattern shows Bitcoin in a seven-stage bullish development.

So it seems, the cryptocurrency’s run-up to its all-time high near $20,000 in December 2017 succeeded six steps, each involving specific price moves, and indicators. Mr. Shevelev noted that Bitcoin has been forming the very same pattern since 2017.

It is trading inside a giant Symmetrical Triangle while undergoing phases that include medium-sized ascending/descending triangles, so-called “flat zones,” inverse triangles, and sudden crashes.

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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:

Macro $BTC context: still think we’re heading towards $13K mid term. Massive liquidity pool around 10.5k, price tends to visit those sooner or later. pic.twitter.com/cb7AxhGRi4

— SalsaTekila (@SalsaTekila) June 29, 2020

Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness

https://cryptoresearch.report/wp-content/uploads/2020/06/Crypto-Research-Report-June-2020-ENG.pdf

https://cointelegraph.com/news/crypto-research-report-predicts-397k-bitcoin-price-by-2030