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5 TOP CRYPTO TWITTER TRADERS ARE BULLISH ON BITCOIN RIGHT NOW | BTC Price Analysis Today
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As Bitcoin (BTC) enters another bull-and-bear fight, ranging between $7,800 and $8,200, Crypto Twitter traders are warming up to a bullish attitude.
Leading social media names have returned with a bullish attitude to Bitcoin price moves, as the coin is now battling out new support levels.
This BTC price analysis today includes Fundstrats Thomas Lee who tweeted:
“We published our 2020 Crypto outlook and made the full report available for our clients.
– bottom line: financial markets tend to discount 1-3 months, and maybe 6 months (max).
So highest probability is halvening not priced in.”
Here’s a glimpse from Tom Lee’s report:
“2020 Outlook: 3 Positive Convergences Halving + Geopolitical risk +2020 Elections = 100%+ return for Crypto Bitcoin returned 92% in 2019, trouncing all other major asset classes, an impressive return given the significant policy and regulatory headwinds that emerged in 2019 – the Congressional blowback form Facebook’s Libra and the correlated White House bashing of Bitcoin marked the highs for 2019. For 2020, we see several positive convergences that enhance the use case and also the economic model for Crypto and Bitcoin – thus, we believe Bitcoin and Crypto total return should exceed that of 2019. In other words, we see strong probability that Bitcoin gains 100%+ in 2020.”
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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:
In a nutshell, I’m expecting a bullish run in BTC lead by LTC as a confirmation signal.
— Willy Woo (@woonomic) January 10, 2020
$BTC UpdatePrice bounced and closed at support Watching for a potential new range to develop above the previous range
Price doesn’t look bad and held where it needed – trade the ranges and be patient, stop worrying about $5k or $10k right now pic.twitter.com/73lFubZVqa
— Josh Rager 📈 (@Josh_Rager) January 10, 2020
I’m out surfing right now so I’m not looking at the charts but a quick scope of Twitter shows me all I need to know.Bear cope & more bear cope.I’ll be bearish the moment we start closing below 7500, not when BTC is retesting it’s neckline.
Still long & strong.
— DonAlt (@CryptoDonAlt) January 9, 2020
5 Top Crypto Twitter Traders Are Bullish on Bitcoin Right Now
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Highlights
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Literally enim elit id, Vice tousled Intelligentsia. Fixie sint nostrud mlkshk, delectus synth Marfa et. Nihil VHS authentic pork belly sunt, sapiente in Austin kogi paleo PBR&B 8-bit. Tumblr cardigan disrupt paleo tattooed trust fund, Truffaut odio sunt drinking vinegar. Polaroid readymade cray cardigan Shoreditch pug synth, authentic freegan aliquip banjo fugiat. Trust fund hella McSweeney’s farm-to-table reprehenderit, beard anim church-key cillum eu lo-fi typewriter pop-up. Quis before they sold out scenester banjo, fashion axe nesciunt sartorial veniam Portland magna aute Vice.
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Narwhal tattooed cardigan, meggings quinoa in synth pariatur ethnic selfies High Life. In master cleanse banjo cred non Thundercats. Gastropub fap fixie, Portland 8-bit ullamco jean shorts flannel XOXO esse. Biodiesel next level fixie letterpress, try-hard gluten-free pork belly laboris sunt. Paleo qui Thundercats nostrud keytar nulla. Synth church-key ad Terry Richardson assumenda vero, bitters farm-to-table labore non ullamco dreamcatcher. Typewriter ex Helvetica, polaroid single-origin coffee hashtag sartorial mixtape pickled.
Literally enim elit id, Vice tousled Intelligentsia. Fixie sint nostrud mlkshk, delectus synth Marfa et. Nihil VHS authentic pork belly sunt, sapiente in Austin kogi paleo PBR&B 8-bit. Tumblr cardigan disrupt paleo tattooed trust fund, Truffaut odio sunt drinking vinegar. Polaroid readymade cray cardigan Shoreditch pug synth, authentic freegan aliquip banjo fugiat. Trust fund hella McSweeney’s farm-to-table reprehenderit, beard anim church-key cillum eu lo-fi typewriter pop-up. Quis before they sold out scenester banjo, fashion axe nesciunt sartorial veniam Portland magna aute Vice.Accordions?
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Narwhal tattooed cardigan, meggings quinoa in synth pariatur ethnic selfies High Life. In master cleanse banjo cred non Thundercats. Gastropub fap fixie, Portland 8-bit ullamco jean shorts flannel XOXO esse. Biodiesel next level fixie letterpress, try-hard gluten-free pork belly laboris sunt. Paleo qui Thundercats nostrud keytar nulla. Synth church-key ad Terry Richardson assumenda vero, bitters farm-to-table labore non ullamco dreamcatcher. Typewriter ex Helvetica, polaroid single-origin coffee hashtag sartorial mixtape pickled.
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Post Views: 196 -
ENORMOUS INSTITUTIONAL WALL OF MONEY WILL PUSH BITCOIN (BTC) TO ENORMOUS INSTITUTIONAL WALL OF MONEY WILL PUSH BITCOIN (BTC) TO $1 MILLION , SAYS MACRO STRATEGIST! MILLION , SAYS MACRO STRATEGIST!!
➡️ Leverage OPM (Other People’s Money): http://opm.cryptonewsalerts.net
Raoul Pal, the founder and CEO of Global Macro Investor who has more than 50% of his capital in Bitcoin, is anticipating a wave of institutional funds to push the BTC price to $1,000,000 in the next 5 years.
In an interview with Stansberry Research, the former hedge fund manager says that the world economy is moving from the “hope phase” to the “insolvency phase” as investors realize that the economy is going to recover from the COVID-19 pandemic much slower than originally expected.
Along with institutional adoption, he believes this narrative may create the perfect set-up for a huge long-term BTC bull cycle.
“…There’s no stimulus around, and we’ve got more problems to come in Europe, the US and elsewhere, and businesses don’t have enough cash flow. They’re closing in droves and that’s what I call the ‘Insolvency Phase’…
“Yeah, I think [$1 million is] about right. Just from what I know from all of the institutions and all of the people I speak to, there is an enormous wall of money coming into this. It’s an enormous wall of money. Just the pipes aren’t there to allow people to do it yet, and that’s coming, but it’s on everybody’s radar screen and there’s a lot of smart people working on it.”
Though Pal considers himself a “hybrid adopter” of both gold and Bitcoin, he still says that he’s considering selling his gold to buy more Bitcoin.
“When you get to the macro opportunity, when it’s all happening and Bitcoin starts breaking out of these patterns that its been forming, it is going to massively outperform gold. I am 100% sure of that, so in which case, why would I have a gold allocation?”
In other trending Bitcoin News today:
ANALYST: BREAKING THIS ONE LEVEL COULD SEND BITCOIN TO $14,000+
Bitcoin and the entire crypto market have been caught in the throes of a consolidation phase in the time following BTC’s surge from $10,600 to $11,400.
This move was significant and seemed to indicate a trend reversal working in favor of buyers.
BTC’s momentum has slowed, but this may mark bulls’ attempt to garner enough support to spark a continuation of this uptrend.
One analyst is now noting that a move past $14,000 could be imminent in the near-term if the crypto can surmount $11,600.
Bitcoin has remained strong despite bears attempting to thwart its uptrend. It is currently trading up nearly $1,000 from where it was just over a week ago.
This strength may extend further, as its ongoing consolidation phase does appear to be shifting the cryptocurrency’s trend and positioning it for further upside.
Despite Bitcoin’s slowing momentum as it hovers around $11,400, one analyst believes that it is on the cusp of potentially seeing significantly further gains in the days and weeks ahead.
He notes that it all depends on how BTC reacts to $11,600, a key near-term resistance level to observe.
“BTC: If $11,600 gets flipped I see a clean $14k+… Until then I think we reject/range around $11,600 and dump lower,” the analyst said while pointing to the below chart.
Because this level sits less than 2% above where Bitcoin is currently trading, a test of it could be right around the corner.
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🔥 [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:
Analyst: Breaking This One Level Could Send Bitcoin to $14,000+
Post Views: 148