THIS IS BITCOIN ROCKET FUEL!! ON-CHAIN DATA SUGGEST NO BULL MARKET TOP AT $60K, SELLING DECLINING!!

Max Keiser is back, in his latest interview he maintained that the Bitcoin Price will surge to $100K plus but could go even higher if the dollar ultimately collapses.

Gold has also hit new highs recently against the Euro and will continue to grow.

Keiser continued noting that the signals from the US repo markets are indicating that a financial catastrophe is looming and China could well open a trap door on the dollar.

Max Keiser said that China is about to announce that it has amassed as much as 20,000 tons of gold and that a second bombshell will be that China is about to launch a gold-backed cryptocurrency with the intention of destroying the greenback.

Gold and bitcoin prices will continue to surge as the dollar collapses to zero like ‘every piece of garbage fiat before it’.

Peter Schiff and Max Keiser go at it back and forth.

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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.

News Resources From Today’s Show:

China’s ‘DCEP’ Cryptocurrency Will be Gold-Backed: Max Keiser

According to @maxkeiser I’m an idiot because I think #gold is better money than #Bitcoin. He also claims China is about to launch a crypto currency backed by gold. This is bullish for gold and bearish for Bitcoin. A crypto backed by gold is much better than one backed by nothing!

— Peter Schiff (@PeterSchiff) November 1, 2019

Bitcoin is gold that weighs nothing, takes up no space, and can’t be counterfeited or seized. It teleports instantaneously anywhere in the world.

But I don’t blame you for being skeptical Peter, it does sound like science fiction at first.

— Rhythm (@Rhythmtrader) November 2, 2019

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Considering the downward turn of the market, it may be surprising that industry experts are optimistic, but Bobby Lee, Tim Draper, and Tom Lee have some bold yet drastically different Bitcoin price predictions.

The closest of these predictions is $25,000 in the next three years, according to Tom Lee. Bobby Lee has the highest BTC price prediction in this lineup, stating that Bitcoin will reach $1 million by 2028.

Tim Draper, a venture capitalist, decided to move away from the halving proposals in the market today, instead proposing that Bitcoin would be worth $250,000.

Teeka Tiwari released ‘Palm Beach Quant’ last night during his exclusive live event, “12 Seconds to $12,000.”

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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:

#Bitcoin was designed to be SUPER valuable over time.First 10 yrs, there were only 2 block reward halvings, but the next 10 years, there‘ll be 3 (that’s 50% more)!

By 20th year, daily new output will just be ~255 BTC — yearly inflation of less than 0.5%. More scarce than #gold!

— Bobby Lee – Ballet: Simple & Elegant Wallet (@bobbyclee) November 10, 2019

https://cointelegraph.com/news/crypto-markets-turn-red-while-btc-fails-to-impress-below-8-500

💰 BlockFi: (Up To $250 Bitcoin Bonus) https://blockfi.com/cryptonewsalerts

The entire supply of Bitcoin will eventually go to the zealot DCA (Dollar Cost Average) army, bringing enough fiat into BTC that fiat ceases to exist.

So, strap yourselves in, suspend disbelief and allow me to show you an extreme example of how the wealthiest, most charitable 2% of the world’s workforce — about 70 million people (less than 1% of the close to eight billion people alive today) — could very realistically create a permanently upwards sloping Bitcoin price floor and drive the BTC price toward a (relatively) stable price of $1 million per coin within a year or so.

In other trending Bitcoin News today: Bitcoin and Ethereum hit resistance with $42.5K flip needed for BTC longs.

As ever, the longer the timeframe, the more bullish the take. 

“Next price discovery will be wild,” fellow trader Pentoshi forecast Thursday. Should BTC/USD manage to break its current $64,500 all-time highs, he said, $250,000 could follow.

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🔥 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/markets/dca-army-drives-1-million-bitcoin-price

Top Trader Pentoshi Says Ethereum Ready To Outperform Bitcoin – Here’s Why

https://cointelegraph.com/news/vitalik-more-confident-about-the-merge-following-eth-s-successful-london-upgrade

https://cointelegraph.com/news/bitcoin-and-ethereum-hit-resistance-with-42-5k-flip-needed-for-btc-longs