TOP 5 TIPS FOR NEW BITCOIN INVESTORS | John McAfee’s #post_titleM BTC Price Prediction

➡️ Trade Craft: http://tradecraft.cryptonewsalerts.net

The outspoken CEO of the cryptocurrency exchange BitMEX is back with a fresh set of BTC predictions for the Bitcoin price and the global economy.

In a new edition of his Crypto Trader Digest, Arthur Hayes says the US government can print enough money to initially weather fallout from the coronavirus.

However, due in part to sinking demand for foreign goods and heavy hoarding of cash from American banks, he believes the US dollar will not flow to the businesses and nations that need it most – triggering a widespread fallout that will “destroy the global economy.”

“The Fed can print as much USD as it likes, but the companies and countries that need it the most will not get it… I have no idea on timing, but the strong USD will break the back of the global economy and force a reset. The question is what the new system will look like.”

Hayes says Bitcoin (BTC) stands to benefit, especially if the US decides to digitize the dollar.

“All I know is the setup for Bitcoin, the hardest form of digital money, could not be better. All manners of trust have evaporated. In order to solve for demand and supply destruction, governments will embark on the greatest fiscal stimulus binge the world has ever seen. It will not be paid for by tax receipts, it can’t be because 30% of the population is out of a job, it will be paid for by the printing press.

The kicker is that, in order to hand money directly to the people, governments will have to digitize their currencies. That will educate the populace on digital money. Once they understand fiat digital money, they will seek out the hard version to avert the ravages of inflation. If you believed that Libra could educate the masses on the joys of digital currencies, just imagine when everyone on Basic spends their food stamps via a mobile app.”

In the short term, Hayes says he expects global markets to take another beating and the S&P 500 to once again test 2,000.

Alongside traditional markets, Hayes predicts the BTC price could easily crash to $3,000. He warns traders to buy the dip at their peril.

Although Hayes says he’s uncertain on the timing of his predictions, he expects a huge Bitcoin rally will happen this year that brings the leading cryptocurrency back to its all-time high.

“As violent as the Q1 collapse in asset values was, we have almost 100 years of imbalances to unwind the ancient regime. My end of 2020 price target remains $20,000.”

Follow Us:

➡️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net

🔥 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:

Bitcoin Tanks Under $7,000 After Rallying 100% From Bottom: What’s Next?

https://u.today/number-of-bitcoin-btc-whales-hits-two-year-high-is-another-bull-run-on-the-horizon

https://mailchi.mp/f9aef4cfc78a/crypto-trader-digest-1307898?e=aeae76e39c

➡️ [PODCAST PROMO] Get $25 In Free CMDX Tokens from our sponsor: http://promo.cryptonewsalerts.net

PlanB, the widely-followed anonymous cryptocurrency analyst who first applied the stock-to-flow ratio to the Bitcoin price says, “The model is not built to last forever.”

The model, which tracks the circulating supply of an asset against the amount of new supply hitting the market has proved remarkably accurate for tracking Bitcoin’s past price action.

Using the model, the outlook from PlanB indicates the BTC price could hit $100,000 sometime around the year 2021 and break $1 million around 2025.

But in a new series of tweets, PlanB says he’ll be happy if the model maintains accuracy for the next two to three more halvings, which is the equivalent of about 4.5 to 8.5 years.

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.

News Resources From Today’s Show:

Bitcoin YTD Performance Exceeds 140%, Outperforms Most Traditional Assets

This is becoming scary: using Oct instead of Dec data, Stock-to-Flow model fit improves to 99.5% R2! Model error was mainly caused by Nov2013 and Dec2017 ATH, so sampling without ATH gives less noise. Predicted #bitcoin prices increase: $100K (2020+), $1M (2024+), $10M (2028+)… pic.twitter.com/1WX6LOVxZW

— PlanB (@100trillionUSD) July 14, 2019

I normally don’t deploy statistical models 120+ years out into the future. I would be happy if the model holds for 1 or 2 or maybe 3 more halvings. Especially since BTC is measured in $ .. who knows what happens with $ if the FED keeps doing more QE (money printing).

— PlanB (@100trillionUSD) October 31, 2019

Coins in Jan 2019 vs Nov 2019 $BTC = $3.7k –> $9.2k$ETH = $133 –> $185$LTC = $31 –> $58$XRP = .34c –> .29c$BNB = $5 –> $20 $LINK = .30 –> $2.68$EOS = $2.56 –> $3.31$BSV = $89 –> $132$BCH = $154 –> $294

MCap has 2x’d in USD & $XRP still ended up in the red.

👀— CryptoThies (@KingThies) November 3, 2019

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

Amazon is looking to accept Bitcoin payments ‘by the end of the year’, and is investigating its own token for 2022, says an insider, with firms like Apple and Tesla suggesting they will follow suit.

Jeff Bezos’ company is now seeking to hire a cryptocurrency expert for this very purpose. A spokesperson for Mr Bezos’ company, which has a market capitalization of $1.6trillion, said: 

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon. We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments. We hope to bring that future to Amazon customers as soon as possible.”

“Should this impact be replicated when Amazon fully embraces crypto payments, we can begin to see a rejuvenation from the current sell-offs, and growth towards new price levels not seen in months.

“A top of $70,000 on a bear case instance and a $100,000 top cannot be ruled out by the end of the year, should Amazon make good on its promises before year-end.”

🔥 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://www.express.co.uk/finance/city/1467100/crypto-news-latest-bitcoin-price-amazon-take-payments-in-cryptocurrency-ethereum-price

https://cointelegraph.com/news/3-reasons-why-bitcoin-price-has-not-been-able-to-rally-back-above-40k