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Popular pseudonymous analyst Crypto Kaleo is predicting that Bitcoin and the stock market will go parabolic together before crashing in a blow-off top.
Kaleo says that rather than trying to call all of the minute BTC price action, he has his eye on a longer-term prediction that places Bitcoin up to 330% higher than current prices in a matter of months.
âIâm not sitting there stressing about every micro movement, Iâm looking more zooming out for the macro price targets, and I still think BTC within the next six months, could go to $150,000 â $250,000.â
In other trending Bitcoin News today: Veteran Trader Tone Vays Says $100,000 BTC by End of Year Unlikely â Hereâs His New Forecast!
Vays tells his 116,000 YouTube subscribers that while Bitcoin is unlikely to rise above a price of $100,000 in 2021, the target could be hit during the first three months of 2022.
âAnd while I still like for Bitcoin to break a $100,000 area by the end of the year, at the moment that is looking unlikely. But Q1 2022 is perfectly reasonable for that break of the $100,000 mark.â
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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://news.bitcoin.com/imf-warns-el-salvador-against-using-bitcoin-as-legal-tender-bitcoin-city/
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3 Reasons Why Bitcoin Price May Soon Explode Past ,000 | BTC Rally Can Climb K Parabolic Soon
âĄïžÂ OPM Wealth: http://opm.cryptonewsalerts.net
3 Reasons Why Bitcoin Price is Macro Bullish & Could Soon Go Parabolic
Per a tweet from a prominent Cryptocurrency trader that went industry-viral, there are three reasons why he thinks the BTC price is entirely bullish on a macro basis:
Trader Satoshi Wolf recently noted that per his analysis of Bitcoinâs one-month candle chart over the past three years, there are at least three bullish technical analysis and fundamental signs that can be seen:
Firstly, the recent price decline that Bitcoin has seen from $14,000 to a low of $6,400 has been marked by decreasing volume, which he claims is âbullish.â Indeed, falling volumes in a downtrend would indicate that the sellers are gradually losing control.
Secondly, Bitcoin (BTC) in December decidedly bounced off the key $6,400 macro support level, which has been a level of utmost importance since early-2018, in December on high buying volumes.
And lastly, the block reward reduction for Bitcoin, which will decrease the inflation rate of the cryptocurrency by half, is on the horizon (May 2020). This event has been found to be correlated with upswings in the market.
This confluence of factors suggests Bitcoin may in the coming months explode past $10,000 and maybe even higher.
$75,000: Bitcoinâs Price is Set to Climb Exponentially If This Fractal Plays Out
Now one prominent analyst is explaining that Bitcoinâs recent price action is closely mirroring a fractal pattern seen just prior to the parabolic rise in early-summer of 2019, which may suggest that Bitcoin will soon rally into the five figure price region.
This rally may lead it into a significant resistance region, but it is important to note that there is a key level just above its 2019 highs that could catalyze a move that allows BTC to set fresh all-time highs.
BTCâs Rally Could Turn Parabolic If Next Upswing Leads It to Over $14,200 If the eerily accurate fractal that Dave The Wave muses continues playing out, it appears to be a strong possibility that the crypto could be just a mere matter of months away from its next parabolic phase that leads it up towards $75,000.
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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:
YikesâŠ.Shorter to medium term. If price continues to break higher on another smaller parabolic run, the symmetrical triangle formed may serve to provide some resistance. Once that breaks
âŹïž pic.twitter.com/sl2DAUaBnd
â dave the wave (@davthewave) January 19, 2020
a) This would mean nearly 1,5 TRILLION marketcapb) money doesn’t grow in the treesc) remember you are using a log-based chart ( exponential profits can last forever)
d) please don’t forget also that a LOT of people follow and trust your wordsđ
â Crypto Spain (@CryptoZeben) January 20, 2020
A good mate asked for my take on $BTCThe monthly chart says it all:1. Price decline + volume decline = Bullish2. Volume backed bounce off strong support = Bullish3. Halving = Bullish
Until something changes I am Bullish on #Bitcoin and will do everything to get more. pic.twitter.com/XGWxLUpCJF
â Satoshi Wolf (@SatoshiWolf) January 22, 2020
These 3 Reasons Are Why Bitcoinâs Price May Soon Explode Past $10,000
Post Views: 337 -
BITCOIN GAINED 1,500% WHEN THIS SIGNAL FLASHED IN 2017!! BTC HAS 60X MARKET EXPANSION POTENTIAL!!
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CRUCIAL ON-CHAIN BITCOIN INDICATOR SUGGESTS A STRONG RALLY WILL COME
Ki Young Ju, CEO of CryptoQuant, noted that BTC is likely on the verge of a full-blown bull run as the mining ecosystem flashes a number of bull signals.
He shared a chart on September 24th, noting that Bitcoin miners are suggesting that a bull run is around the corner.
This same signal appeared in early 2017, preceding a parabolic surge.
âIf BTC miners still drive the price, the next bull-run should be starting soon. MPI(Miner Position Index) has a very high hit rate in forecasting the bull/bear market when the macro factors like the stock market are not significant.â
Should history rhyme, the Bitcoin price is on the verge of a parabolic rally that should bring it past the previous all-time high at $20,000.
And if history actually repeats itself with Bitcoin surging another 1500% from here, then the BTC price can literally skyrocket to $150,000.
Aside from pure on-chain data, analysts say that the fundamentals of Bitcoin are stronger than ever.
This corroborates the expectations of the cryptocurrency market to undergo a strong rally to the upside.
Speaking on the fundamentals of BTC, Raoul Pal, CEO of Real Vision, recently stated:Â
âMost people donât understand the latter but is simply put, Powell has shown that there is ZERO tolerance for deflation so they will do ANYTHING to stop it, and that is good for the two hardest assets â Gold and Bitcoin.
Powell WANTS inflation. I donât think he gets true demand push inflation but he will get fiat devaluation, in conjunction with the other central banks all on the same mission.â
Others like Pal have echoed this optimistic sentiment.
They say that due to the vast amount of monetary stimulus amongst other geopolitical and monetary trends, BTC is primed to move higher.
In other trending Bitcoin News today:
Bitcoin Has 60X Market Expansion Potential, Says Crypto Investment Firm Galaxy Digital â Hereâs Why
Galaxy Digital Capital Management, a leader in digital asset investing, says Bitcoinâs mainstream market presence is on the rise, with more growth potential than gold.Â
Although the precious metal has historically been investorsâ favorite time-tested and reliable safety net against financial uncertainty, Galaxy Digital says in a new report that recent investments in Bitcoin from macro investing legend Paul Tudor Jones and tech giant MicroStrategy highlight Bitcoinâs attractiveness as a potential hedge against inflation.
With a market cap of over $200 billion, Galaxy Digital says Bitcoin still has tremendous room to grow.
âGoldâs market capitalization is currently over $12 trillion. Bitcoinâs value, on the other hand, is currently around $200 billion, less than 2% of the gold market. That presents a potential greater than 60x market expansion opportunity if Bitcoin grows to goldâs level as an alternative, digital store of value asset.â
Due to its open-source ethos and 11-year history of negative correlation to major global assets, Bitcoin has transformed from an obscure, decentralized peer-to-peer digital transaction facility to a globally-recognized institutional asset that is resistant to political censorship or interference.
Institutional adoption and usage of Bitcoin has surged since the Covid-19 pandemic, thanks to swelling government debt and fiscal stimulus hitting record highs, says Galaxy Digital.
âTop investors and large institutions are adopting it as an inflation hedge, including macro legend Paul Tudor Jones and MicroStrategy Inc., a publicly-traded business intelligence software firm (NASDAQ: MSTR).âÂ
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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:
One year from now I think 1 Bitcoin will be worth $53,100
â Crypto Capital Venture âĄïž (@cryptorecruitr) September 26, 2020
When This Signal Flashed in 2017, Bitcoin Gained 1,500%. Itâs Back Again
https://cointelegraph.com/news/ultimate-bitcoin-bull-case-trader-says-23-factors-show-a-rally-is-due
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RICH DAD POOR DAD AUTHOR PROMOTES BITCOIN: âFEDERAL RESERVE IS DEADâ | BTC Exponential Bull Run
âĄïžÂ Teeka Tiwari â Investment of the Decade:  http://2020.cryptonewsalerts.net
According to Robert Kiyosaki, an American entrepreneur and âRich Dad Poor Dadâ author, owning Bitcoin (BTC), silver, and gold is a wise decision because the âFederal Reserve is dead.â
He cited the increase in so-called âzombie companiesâ and their respective debts, purportedly at $900 billion.
Kiyosaki writes that the debt âzombiesâ have will pass $1.6 trillion next year, putting risk on the Federal Reserve.
âFED is Ded. Loans to Zombie CEOs cannot be paid back. In 2020 Zombies owe $900 billion with decling income. By 2021 Zombie debt to pass $1.6 trillion. Got gold, silver, Bitcoin? âAccept what ever comes to you woven in the tapestry of your destiny.â Marcus Aurelius. Take care.â
To combat this trend, alongside a potential debt crisis and money printing, Kiyosaki has effectively prescribed Bitcoin, silver, and gold.
He has mentioned those assets to his over one million followers ad nauseam over recent months.
The âRich Dad Poor Dadâ author says that those assets are âreal moneyâ while the fiat money printed by Federal Reserve is âfake.â
Kiyosaki isnât only bullish on Bitcoin in spirit â he has a price target for the cryptocurrency.
He wrote in May that BTC could hit $75,000 in the next three years while the two precious metals also perform well.
Kiyosakiâs poignant comments on the economy and its relation to gold and Bitcoin comes as the precious metal has rallied.
In other trending Bitcoin News today:
Little-Known Crypto Asset Far Outperforms Bitcoin (BTC), Surging 5,000% Since April 2019 â Hereâs Why
A low market-cap coin is gaining recognition after printing 5,000% gains since April 2019.
Crypto analyst and investor Alex Saunders tells his 35,000 Twitter followers that he came across Synthetix (SNX) after attending the Edcon Conference in Sydney last year.
âWe were extremely early into a hidden gem & and it has been the best performing project in the best performing sector: decentralized finance.â
Synthetix is a derivatives trading platform built on the Ethereum blockchain that allows users to bet on a number of assets including stocks, crypto, fiat currencies, and commodities.
Those who wish to participate in the market can do so trading by their BTC or ETH into Synthetic Network Tokens (SNX), which can be locked up as collateral to produce synths such as the sUSD (synthetic US dollar).
Traders who hold synths can bet whether a particular stock or currency will rise or fall. Whatâs unique about Synthetix is that users who choose to stake their SNX tokens as collateral can earn rewards.
SNXâs value proposition of reducing circulating supply by introducing rewards, compelling users to stake massive amounts of coins, and enabling them to get exposure to other assets appears to be driving demand.
Synthetix is currently the third-largest DeFi platform with over $259 million worth of assets locked. The cryptocurrency has a market capitalization of $154.2 million according to CoinMarketCap.
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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:
FED is Ded. Loans to Zombie CEOs cannot be paid back. In 2020 Zombies owe $900 billion with decling income. By 2021 Zombie debt to pass $1.6 trillion. Got gold, silver, Bitcoin? âAccept what ever comes to you woven in the tapestry of your destiny.â Marcus Aurelius. Take care.
â therealkiyosaki (@theRealKiyosaki) June 28, 2020
ECONOMY dying. FED incompetent. Next BAILOUT trillions in pensions. HOPE fading. Bought more gold silver Bitcoin. GOLD @$1700. Predict $3000 in 1 year. Silver @ $17. Predict $40 in 5 years. Bitcoin @$9800. Predict $75000 in 3 years. PRAY for the BEST-PREPARE for the WORST.
â therealkiyosaki (@theRealKiyosaki) May 16, 2020
The best performing #DeFi project of the past two years is $SNX. It’s up 5000% since April 2019 Edcon Sydney. After seeing @synthetix_io presentation I told members this was a top 2 $ETH project & I was buying. We took some profit in Dec but kept HODLing for the long term. đ„đđ pic.twitter.com/TdImu7GsVY
â Alex Saunders đŠđșđšâđŹ (@AlexSaundersAU) June 26, 2020
Rich Dad Poor Dad Author Promotes Bitcoin: âFederal Reserve Is Deadâ
https://cointelegraph.com/news/new-bitcoin-price-model-suggests-exponential-bull-run-in-one-month
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