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648: CRYPTO TRADER PREDICTS $150K BITCOIN TOP THIS BULL CYCLE, FOLLOWED BY A CORRECTION TO $32K!!!!!
Bitcoin Long-Term Cycles Offer Hopium...
When near-term BTC confusion prevails, sometimes it's best to take a step back to see the bigger picture of where the market is and what possibilities the future holds.
According to Inmortal, a pseudonymous Twitter user, Bitcoin's four-year cycle is currently about 65% through its bull-market phase and the trader predicts a top at $150,000, which will be followed by a correction to $32,000.
For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
|Jul 30, 2021|
647: FIRST U.S. BITCOIN MUTUAL FUND LAUNCHED BY $60 BILLION FUND MANAGER!!!!!
The first publicly available U.S. mutual fund that generally tracks the Bitcoin price has been launched by a $60 billion fund manager.
In a press release this morning ProFunds announced the launch of its Bitcoin Strategy ProFund (BTCFX). This will be the first publicly available U.S. mutual fund that generally tracks the price of Bitcoin.
On the ease of access and mass exposure that this mutual fund will provide, ProFunds CEO Michael Sapir said that “Compared to directly buying bitcoin, which may involve opening a new account with an unregulated party, this ProFund offers investors the opportunity to gain exposure to bitcoin through a form and investment method that tens of millions of investors are familiar with.”
On the increased demand for a Bitcoin mutual fund, Michael Sapir commented it “has become a significant asset class, and our new Bitcoin Strategy ProFund provides investors access to a bitcoin strategy through a mutual fund investment.”
For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
|Jul 29, 2021|
646: BITCOIN WILL PEAK OUT OVER $250K 'THIS YEAR' BEFORE MASSIVE DROP, SAYS CRYPTO VETERAN BOBBY LEE!!!!!
Legendary Crypto veteran Bobby Lee thinks Bitcoin will skyrocket in price by the end of 2021, according to a Fortune interview.
“I don’t officially give financial advice, but personally I’m confident that the latter half of this year Bitcoin will go back above $65,000. I think it’ll peak out over $250,000 later this year.”
However, Lee also thinks BTC will endure a bear market in 2022 and lose 50-80% of its value after touching the new all-time high. A couple of years after the 2022 bear market, he thinks it will move into another bull cycle.
“I think Bitcoin will have its bull cycle every three or four years in the coming years. I expect Bitcoin to pass a million, two million dollars easily in the next 10-15 years. In fact, the next cycle I predict to be in the year 2024 or 2025, and that’s when Bitcoin will cross half a million dollars and might even touch $1 million.”
For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
|Jul 28, 2021|
645: BITCOIN ON TRACK FOR $307K BY START OF 2022!!!!! AMAZON DENIES BTC PAYMENTS RUMOR!!!!!
Bitcoin maximalist, founder and CEO of Parallax Digital, and host of the 'What is Money' podcast, Robert Breedlove is not backing away from his bold BTC price prediction.
In a new interview with Stansberry Research, Breedlove tells Daniela Cambone that despite the recent price hurdles, Bitcoin is still on track for $307,000 by the start of 2022. Whereas he previously predicted BTC reach this target by October, he has moved his forecast to Q1 of next year.
The Freedom Maximalist also predicts the Bitcoin price to reach $12.5 million per BTC within the next decade due to the M2 money supply expanding out of control and describes Bitcoin to be the ultimate, unstoppable counter-party insurance policy against central banks.
|Jul 27, 2021|
644: WHY BITCOIN IS SOARING!!!!! AMAZON PLANS TO ACCEPT BTC PAYMENTS THIS YEAR, INSIDER CONFIRMS!!!!!
Bitcoin is nearing $40,000 this Monday as a new week gets underway with a bang for bulls.
Spot BTC price action is, naturally, the topic on everyone’s radar at present - in 24 hours, Bitcoin has sealed gains of nearly 15%.
An anonymous source within Amazon has reportedly told London business newspaper City A.M. that the e-commerce giant is planning to start accepting Bitcoin (BTC) payments by the end of 2021, possibly setting the stage for broader mainstream acceptance of crypto transactions.
“This isn’t just going through the motions to set up cryptocurrency payment solutions at some point in the future — this is a full-on, well-discussed, integral part of the future mechanism of how Amazon will work,” the source told City A.M., according to a report published on Sunday.
The source indicated that, while Bitcoin is the first step in Amazon’s crypto ambitions, executives at the company were keen to add other established cryptocurrencies in the future. The “directive is coming from the very top,” referring to Jeff Bezos, they said, adding:
“This entire project is pretty much ready to roll.”
|Jul 26, 2021|
643: AMAZON 'DEFINITELY' LINING UP BITCOIN PAYMENTS BY YEARS-END AND ITS OWN TOKEN, CONFIRMS INSIDER!!!!!
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."
|Jul 25, 2021|
642: $60K BITCOIN IS NOW MORE LIKELY THAN $20K - HERE’S WHY!!!!!
Bitcoin has a better probability of recovering back to $60,000 than breaking below its current support level of $30,000 to target $20,000, believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence.
McGlone, who's known for his previous bullish calls on Bitcoin, noted that BTC, which has been consolidating near $30,000 since May, could post a similarly surprising rally while aiming to hit a refreshed resistance target near $60,000.
"The more tactical-trading-oriented bears seem to proliferate when Bitcoin sustains at about 30% threshold below its 20-week moving average, allowing the buy-and-hold types time to accumulate," the strategist wrote.
|Jul 24, 2021|
641: IS $100K BITCOIN STILL POSSIBLE IN 2021?!!!
Crypto trader and market analyst Lark Davis is looking to the past to see if Bitcoin could hit six figures this year.
Davis says that the current BTC price action is reminiscent of Ethereum’s 2017 bull run.
“Is there precedent for an asset having a massive run up, then a long brutal corrective period followed by a spectacular blow off top later that year?
Yes, of course. Ethereum did almost [exactly] that in 2017, ended the year 237% higher than the ‘top’.”
|Jul 23, 2021|
640: ELON MUSK REVEALS SPACEX OWNS BITCOIN AND HE PERSONALLY OWNS BTC - ‘I MIGHT PUMP BUT I DON’T DUMP’
Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin and that Tesla may be close to accepting BTC payments again after looking into BTC’s sustainability.
Musk appeared alongside Ark Invest CEO Cathie Wood, Twitter CEO Jack Dorsey and moderator Steve Lee from Square Crypto.
Musk did not reveal any additional details about SpaceX’s purchase apart from saying: “I do own Bitcoin; Tesla owns Bitcoin; SpaceX owns Bitcoin; and I do personally own a bit of Ethereum and Dogecoin of course.”
He did add that: “We’re not selling any Bitcoin, nor am I selling anything personally or nor is SpaceX selling any Bitcoin.”
The statement confirms longstanding speculation that the space infrastructure company was adding Bitcoin to its reserves. In mid-March, Anthony Scaramucci claimed in a tweet that he believed Musk did not stop with just Tesla’s purchase.
"Elon Musk didn’t stop with Tesla. I understand that SpaceX owns bitcoin on its balance sheet. Elon owns over $5 billion in bitcoin via Tesla, SpaceX, and personally."
|Jul 22, 2021|
639: BITCOIN REBOUNDS BUT WARNINGS OF ANOTHER BTC PRICE PLUNGE ARE EVERYWHERE!! IS S2F MODEL STILL VALID?
Bitcoin continued its bounce from its 2021 opening price on Wednesday, hitting $31,600 in what some fear is just a temporary reprieve from the downside.
BTC Bulls had successfully defended the largest cryptocurrency against further losses at just above $29,000 - the price at which the market began the year, however, concern is running high over current strength being a “relief rally” - not a true comeback after a price floor.
“It’s still ‘short the bounce’ season,” popular analyst and podcast host Nebraskan Gooner summarized to Twitter followers and veteran trader Peter Brandt concurred, suggesting that Bitcoin would need another shock leg down before the genuine return to form kicked in.
|Jul 21, 2021|
638: BITCOIN CRASHING AS WHALES MASS ACCUMULATE!!!! RELIEF RALLY COULD TAKE BTC TO THESE PRICE LEVELS!!!!
Despite Bitcoin price crashing below the critical $30,000 support for the first time in one month, a collection of BTC whale wallets suddenly scooped up tens of thousands of Bitcoin over the weekend after being inactive since December of 2018.
High-profile crypto analyst and trader Benjamin Cowen is discussing what a relief rally could look like for Bitcoin.
In a new update, Cowen says that if BTC rallies in the coming period, it could bounce off the 50-week simple moving average (SMA).
Reflecting on historical price action, Cowen reasons that a bounce from the current level, which is just below $32,000, could allow Bitcoin to rise by 34% to 62%.
|Jul 20, 2021|
637: BITCOIN RALLY INCOMING!!!! SUPPLY SHOCK IN PLAY THIS WEEK!!!! MIKE TYSON FUELS BTC VS. ETH DEBATE!!
A popular on-chain analyst believes that a Bitcoin rally is in the cards as BTC faces the possibility of a supply squeeze. Will Clemente says that a Bitcoin supply shock could ignite a significant BTC rise.
“Hang in there guys. This thing is going to pop soon.
Supply shock still in play this week.”
Clemente’s bullish stance on BTC comes as he sees on-chain signals pointing to the rise of Bitcoin adoption around the world.
“Extremely bullish on global Bitcoin adoption.
Blue: Supply held by entities with .01-1 BTC.
Green: Net user growth on the network.
All-time highs in new users. Hockey stick up in accumulation from small entities.”
|Jul 19, 2021|
636: BITCOIN TO $1,000,000 MIGHT SOUND CRAZY, BUT IS IT? WHY BTC IS GOING TO BE WORTH A MILLION DOLLARS!!
I have come to the conclusion that Bitcoin is going to $1,000,000. I now believe this is a possibility not because the value of BTC will go up, though I believe it will, but because the value of money is about to fall heavily and quite possibly into the depths of monetary hell. This is why a Bitcoin could easily become worth a million dollars or more in the near future.
|Jul 18, 2021|
635: TIM DRAPER STANDS BY $250K PER BITCOIN, SAYS IT’S MODERN INFLATION HEDGE!! RARE BULLISH BTC SIGNAL!!
Billionaire Tim Draper, a prominent BTC investor, who has supported Tesla, Skype, Hotmail, Twitter, Coinbase and other prominent companies with his money, still believes in his prediction that Bitcoin will hit $250,000 by the end of 2022 or early 2023.
In a recent interview, he has confirmed his bullish take on the near future of Bitcoin, saying that BTC will be getting massively popular as its adoption will be growing.
In particular, Draper stated that Bitcoin is about freedom and trust. The particularly string effect made by BTC has recently been felt in Argentine and Nigeria, as per him, where are the local currencies have been constantly devaluating.
|Jul 17, 2021|
634: SHARP $48K BITCOIN RALLY BY AUGUST TO ABRUPTLY FOLLOW MARKET RETREAT!! DEFI ON BTC COMING SOON!!
A high-profile crypto trader is discussing what he believes is in store for Bitcoin heading into the rest of the year.
The pseudonymous trader, known as 'Crypto Kaleo', also shares a chart overlaying with his projected July BTC price action. According to the trader’s chart, Bitcoin might consolidate until the end of July, and then take off and hit $48,000 by August.
“This isn’t to say that history mirrors itself perfectly, but it often rhymes.”
|Jul 16, 2021|
633: BITCOIN SUPERCYCLE SUPPLY SHOCK INCOMING!! TOP CRYPTO ANALYST PREDICTS 80% ETHEREUM SURGE TO $3,400!
New research defends “Bitcoin Supercycle” as BTC itself is not as weak as price suggests, as fundamentals confirm.
“Regardless on your risk appetite, strategizing now is key, so as not to miss the next wave in this current Bitcoin supercycle,” Stack Funds concluded in its latest report released Thursday.
SkyBridge Capital’s co-chief investment officer Troy Gayeski predicts that Bitcoin will go through a supply-side crisis similar to what happened last year when BTC kicked off its bull market.
Gayeski tells Bloomberg in a new interview that he’s seeing on-chain signals indicating that a certain group of buyers are back, and they are scooping up BTC for the long haul.
|Jul 15, 2021|
632: ON-CHAIN DATA TOP CAP MODEL FLASHING NEW BITCOIN PRICE TARGET OF $157K AFTER ‘WEIRD PULLBACK’ ENDS!!
Popular on-chain analyst Willy Woo says that Bitcoin is poised to hit the six-digit price range once its retracement is over.
According to Woo, his top model is flashing a new price target for Bitcoin at $157,000. However, he predicts that once Bitcoin resumes its bull trend, he expects the model to hike up the price target.
“If we squeeze out of this accumulation band like I’m expecting, I would say that we will start curving upwards into the $250,000 to $350,000 range. Sounds a bit ludicrous right now, but that’s what the model says.”
|Jul 14, 2021|
631: BITCOIN IS THE REINVENTION OF MONEY AND WILL REACH $1M PER BTC - HERE’S WHEN, SAYS ON-CHAIN ANALYST!
Bitcoin analyst Willy Woo is outlining why he believes BTC is a significant advancement in the history of money.
Woo, who earlier this week said Bitcoin whale movements are signaling a bottom, maps out why he believes BTC is reinventing the monetary system.
Believing that Bitcoin is the future of money, Woo expects BTC to reach $1 million per coin in the future.
“Dan Held is calling this a supercycle. I’m thinking this might be the last cycle. Meaning, at this point, Bitcoin doesn’t see this very strongly imprinted four-year cycle, and we do more of a random walk, and it’s highly correlated to macro, and we just random walk all the way up to a million dollars in a few years…”
|Jul 13, 2021|
630: BITCOIN CAN REACH $700K BY END OF NEXT YEAR, SAYS TOP ANALYST!! BREWING BTC BULLISH EXPLOSION!!
The Bitcoin price can top out at $700,000 in August of 2022, according to crypto analyst 'The Moon Carl' who shares what he calls the most important BTC chart he's ever seen before with his 473,000 Crypto YouTube subscribers.
"Do you see the pattern?
2013 - Bitcoin crashes to $50
2015 - Bitcoin crashes to $200
2018 - Bitcoin crashes to $3,000
2021 - Bitcoin crashes to $30,000
2023 - Bitcoin crashes to $400,000?
Bitcoin can reach $700,000 by the end of next year."
|Jul 12, 2021|
629: APPLE SET TO ANNOUNCE $2.5 BILLION BITCOIN PURCHASE ON MONDAY?!! OPTIONS TRADERS AIM FOR $100K BTC!!
Did Tech Giant Apple Purchase $2.5 Billion in Bitcoin?!! Well according to rumors floating around Crypto Twitter, Apple is set to make a huge announcement on Monday that they acquired $2.5 Billion Dollars in BTC.
Cryptocurrency influencer Crypto Cobain shared the following tweet to his 400,000+ Twitter followers:
"APPLE SET TO ANNOUNCE $2.5B PURCHASE OF BITCOIN ON MONDAY - AG REPORTS VIA CMS"
|Jul 11, 2021|
628: BLOOMBERG ANALYST PROVIDES BLUEPRINT OF BITCOIN PATH TO $100,000!! UPDATED BTC PRICE FORECAST!!
Bitcoin price predictions have been a hot topic for a while now. Bloomberg Analyst, Mike McGlone believes that the BTC price hitting $100,000 is tied to the asset following Ethereum. This came in the monthly cryptocurrency newsletter sent out by Bloomberg Crypto Outlook.
In the newsletter, McGlone highlights the potential for Bitcoin. Stating that the $100,000 mark is still pretty tame for the flagship cryptocurrency. “Based on its history, a bottom line for BTC in 2021 is that the price advance to May 24 is a round error,” McGlone said. “The 2020 halving came amid unprecedented global fiscal and monetary stimulus, along with institutions tilting toward Bitcoin allocations.”
|Jul 10, 2021|
627: BITCOIN WHALE MOVEMENTS SIGNAL CRYPTO MARKET BOTTOM IS IN, SAYS ON-CHAIN ANALYST WILLY WOO!!
New data on the amount of Bitcoin being scooped up by crypto whales and retail traders signals the bottom is in, according to on-chain analyst Willy Woo.
Woo is taking a close look at the flow of BTC to and from crypto exchanges. He says despite sideways price action, investors appear to be buying coins on exchanges and sending them to private wallets at a healthy pace.
“As price grinds sideways-bearish, coins are being scooped off the exchanges at a very bullish rate…
The latest sizing of withdrawals vs deposits are at local highs at levels that signal a bottom, whales are scooping.”
|Jul 09, 2021|
626: BITCOIN TO SKYROCKET 100X THE PRICE OF GOLD, SAYS TOP BLOOMBERG ANALYST!! $380K MASSIVE BTC ASCENT!!
Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, believes the Bitcoin price could shoot past the price of an ounce of gold – by around 100 times.
In the July 2021 edition of the monthly cryptocurrency newsletter 'Bloomberg Crypto Outlook', McGlone says that based on technical analysis, BTC could keep appreciating relative to the coveted metal.
“Bitcoin may be more than a digital version of gold. A potential path for the Bitcoin price is to stabilize around 100x an ounce of gold and for volatility to resume its downward trajectory, if past patterns repeat."
|Jul 08, 2021|
625: BITCOIN ‘SUPPLY SHOCK’ UNDERWAY AS BTC WITHDRAWAL RATE SPIKES TO 1-YEAR HIGH, WARNS CRYPTO ANALYST!!
As Bitcoin continues sideways inside the $30,000-$40,000 range, new data is emerging about the potential for a bullish breakout. The supply shock is being unnoticed similar to Q4 2020 before the BTC price skyrocketed, says Willy Woo.
Willy Woo, an on-chain analyst, anticipates a potential supply shock in the Bitcoin market as long-term holders continued raking BTC supply from short-term ones. Woo stated in his July 2 newsletter that the process might push more Bitcoin out of circulation.
"It reminds me of the supply shock that went by unnoticed by the market in Q4 2020," wrote Woo. "Pundits were debating whether BTC was an inflation hedge in a post-COVID world when the data was pointing to long term investors stacking BTC at a fast pace."
|Jul 07, 2021|
624: BITCOIN TO SAIL PAST $140K AFTER BTC CLEARS JULY SELL-OFF, BEFORE CORRECTING BACK TO THE 90K LEVELS!
Celsius Network chief executive Alex Mashinsky predicts Bitcoin can soar above $140,000 this cycle but only after surviving one last sell-off event. Although the Celsius Network head is short-term bearish on BTC, he expects it to massively rally toward the end of the year after the sell-off.
“After this July sell-off, we should see smooth sailing for the rest of the year as we break new ATH (all-time high) on our way to the $140,000-$160,000 price range per BTC before correcting back to the $90,000 levels to close the 2021 year end.”
|Jul 06, 2021|
623: POPULAR ANALYST UNVEILS YEAR-END TARGET FOR BITCOIN, SAYS HE’S SELLING ONCE BTC HITS THIS LEVEL!!
A popular crypto trader and analyst says he plans to scale out of Bitcoin once BTC hits a certain level.
Kaleo, a trader who has amassed a large following in the current market cycle, tells his 329,900 Twitter followers that Bitcoin will likely surge more than 520% from its current value of $34,658 by the end of the year.
“Still think it tops out w/ a nice wick around $185,000 – $215,000, but my goal isn’t to snipe the top.”
Amid his mega bullish outlook for the leading cryptocurrency, Kaleo says he will start selling once Bitcoin breaks below his price target.
“Basically, my game plan is to be uber bullish until Bitcoin breaks above $150,000. I’ll start exiting there and flip uber bearish when it breaks back below $150,000.”
|Jul 05, 2021|
622: BITCOIN PRICE WILL REBOUND BACK ABOVE $50,000 HINTS BTC FRACTAL SETUP FROM 2019, SAYS TRADINGSHOT!!
The ongoing Bitcoin downside correction is strikingly similar to its price action in June-December 2019. BTC faces the prospects of reaching $47,500-$50,000 based on its current trend's eerie similarity.
TradingShot, a market analytics platform, noted that a bullish divergence formation, coupled with a rebound from the 50-week SMA support, could again send Bitcoin prices to the 61.8% Fib level of the current top-to-bottom Fibonacci retracement graph.
In a chart provided by TradingShot, the 61.8% Fib level appeared near $47,500. Meanwhile, the other chart above showed the profit target near $50,000.
|Jul 04, 2021|
621: WHY A $1 MILLION BITCOIN PRICE ISN’T CRAZY AND COULD BE IN OUR FUTURE SOONER THAN YOU THINK!!
A $1 million Bitcoin price could be in our future a lot sooner than you think. The reality is that BTC is already in heavy use today as a store of value, and this underlying utility of Bitcoin could potentially take its price to $1 million per coin.
The size of the global bond market was recently estimated at $119 trillion. Remember, not all coins are for sale, meaning the total value of the Bitcoin market would be far greater than $20.9 trillion if all of this money were to move into the crypto asset.
Some estimates put the effect of new buy orders on Bitcoin's market cap at 25x the value of the purchases, so from this perspective, $1 million looks quite conservative.
|Jul 03, 2021|
620: STRIKE TO OFFER ‘NO FEE’ BITCOIN BUYING AND TRADING!! BTC ON TARGET TO HIT $250K, SAYS TOP ANALYST!!
Payments platform Strike has announced that it will allow U.S. customers to buy and sell Bitcoin with almost no trading fees from today.
In an announcement on July 1, Strike founder and CEO Jack Mallers launched a salvo at leading U.S. cryptocurrency exchange Coinbase, stating that his platform will set out to be the “cheapest and easiest place on the planet to acquire BTC."
Mallers added that the aim is to drive prices in the market as close to nothing as possible, which would be in keeping with Bitcoin’s ethos.
“Our mission is to secure financial freedom for all, and we won’t stop until we do so for all 8 billion people on the planet.”
|Jul 02, 2021|
619: MAX KEISER DOUBLES DOWN ON $220K BITCOIN PRICE PREDICTION BY YEAR-END!! BTC STILL ON TRACK TO 6X!!
Bitcoin advocate Max Keiser, host of the Keiser Report and Orange Pill Podcast, says his BTC price target for this year remains at $220,000, despite the FUD that has crept in over the past couple of weeks.
On that, Keiser added that volatile downswings in Bitcoin are part and parcel of its nature. But on higher time frames and over its 10+ year history, it has still provided 200% annualized gains.
“We’ve been doing this for ten years, we’ve had fifteen of these corrections over the past twelve years, and this current one is an average one. Nothing special. Number two, it always shakes out the weak hands…”
|Jul 01, 2021|
618: $6 BILLION NCR OPENS BITCOIN PURCHASES TO 650 BANKS IN 160 COUNTRIES!! $20K ETHEREUM PREDICTION!!
BREAKING – A new deal between payments giant NCR and NYDIG will bring Bitcoin purchases to 650 U.S. banks and credit unions. NCR offers ATMs and kiosks in 160 countries.
650 U.S. banks will soon be able to offer bitcoin purchases to an estimated 24 million total customers. As part of the deal, between enterprise payments giant NCR and digital asset management firm NYDIG, community banks including North Carolina-based First Citizens Bank and credit unions including Bay Federal Credit Union in California will be able to offer their clients cryptocurrency trading through mobile applications built by the payments provider.
|Jun 30, 2021|
617: BITCOIN TO METEORICALLY RISE 15X - HERE’S WHEN!! GUGGENHEIM STANDS BY $600K BTC PRICE PREDICTION!!
Guggenheim Partners founder Scott Minerd says a $600,000 Bitcoin price is still in the cards, but investors may have to prepare for a further drawdown before BTC can start rising again. In an interview with CNBC, Minerd discusses the possibility of Bitcoin losing over 50% of its based on historical price action.
“Every major run-up in Bitcoin, there has been about an 80% crash. Now, that would make a lot of sense in a lot of ways because that would bring us back into the neighborhood of $15,000."
“Our research shows that as a store of value, and that’s a debatable point, that if you were to compare it against gold, you’d be at somewhere between $400,000 and $600,000.”
|Jun 29, 2021|
616: HERE’S WHEN BITCOIN WILL ZOOM PAST $100K, SAYS CRYPTO VETERAN WHO ACCURATELY CALLED 50% DIP!!
Crypto veteran Bobby Lee says the recent 50% BTC collapse from all-time highs does not mirror market tops of the past. In a new interview with Luke Martin of Venture Coinist, Lee, who accurately called for a 50% drop in Bitcoin price once it approached the $70,000 level, is discussing when we can expect BTC to catch fire and blast through the six-figure mark.
“I think we’re going to hit it either in the late summer or the fall of this year to get past $100,00, and then it’s going to zoom up really fast.”
“And I’ll give another prediction. When we hit the bull market, how do you know it’s an all-time high? How do you know it’s really peaked out?… If the price doubles within a day or two days – somewhere around one and three days – if the price doubles, that’s when it runs out of steam and that’s going to be the all-time high of this market cycle. The important thing is, people always ask ‘How do you know when we hit the all-time peak?’ The peak doesn’t happen based on FUD and bad news.”
|Jun 28, 2021|
615: BITCOIN WILL GO ALL THE WAY TO $160K ‘THIS YEAR’, SAYS CELSIUS CEO!! BTC TAPROOT UPGRADE LOCKED IN!!
The highs for Bitcoin are yet to be seen this year, says Alex Mashinsky, chief executive officer and co-founder of Celsius – the centralized cryptocurrency lending platform – told Cointelegraph at Bitcoin 2021 in Miami that he sees the BTC price reaching $160,000 this year, or possibly a bit lower.
Mashinsky further remarked that the crypto market was bound for a correction, following Bitcoin’s recent all-time high of ~$64,800:
“When you go too high, too fast, you are bound for a correction. You can see my tweets in both March and February saying ‘we’re going to have a crash, we’re going to have a correction.’ I predicted $30,000. Bitcoin is like a spring – we stretch it too much and we put too much leverage. Too many people got greedy.”
|Jun 27, 2021|
614: CHINA MADE A TRILLION-DOLLAR MISTAKE BY OUSTING BITCOIN MINERS, SAYS MICHAEL SAYLOR!!
By ousting the Bitcoin miners from its borders, China made a trillion-dollar mistake, argued the CEO of MicroStrategy, Michael Saylor. During a recent interview with Bloomberg, the prominent BTC bull spoke about the adverse short-term effects of China’s recent crackdown on Bitcoin mining. While he acknowledged the hash rate and price declines, Saylor believes this ‘mistake’ from the Asian country will provide an excellent opportunity for others.
“China had a 50% market share of Bitcoin, and they were generating $10 billion a year and a business that was growing 100% year over year. And then, the government cracked down on it and squeezed the entire industry out of China. I think that given the growth rate of Bitcoin, this will turn out to be a trillion-dollar mistake for China.”
|Jun 26, 2021|
613: BITCOIN TECHNICAL ANALYSIS LIVE WITH TOP ANALYST PHILIP SWIFT SUGGEST $1 MILLION BTC PRICE CERTAIN!!
In this live Bitcoin Technical Analysis session with special guest, top analyst Philip Swift, he reveals we are still in a bull market and still have long way to go with a lot of BTC price appreciation before the HODL Waves comes down to 45% which will take us well beyond $100K per Bitcoin this cycle.
Philip says it may take us a few months, or maybe until next year until we cruise past $100K, reaching as high as $300K this cycle and explains why reaching $1 million per BTC by the time of the next cycle is inevitable.
|Jun 25, 2021|
612: I’M PUTTING MY BILLION IN BITCOIN, SAYS RICARDO SALINAS!! JOHN MCAFEE FOUND DEAD AT AGE 75!!
Billionaire Ricardo Salinas talked with the director of Blockchain Land about his investment in Bitcoin. Salinas has said that he has 10 percent of his assets in BTC. Salinas has always been an advocate for Bitcoin. He posted on his Twitter profile that paper is worthless. And the best thing to put your money in is Bitcoin. The third richest man in Mexico has revealed that he is not afraid to put his money in BTC.
In other trending Bitcoin News today: Remembering John McAfee: Computer programmer and crypto evangelist dead at 75! Many may remember McAfee for being unapologetically outspoken for his thoughts on government overreach and for being a unique character in the crypto space. According to a report from Spanish international news agency EFE, John McAfee was found dead in his prison cell at the Brians 2 Penitentiary Center on Wednesday.
|Jun 24, 2021|
611: REAL REASON TO BELIEVE BITCOIN WILL HIT $10 MILLION BY THIS DATE!! BTC HYBER-BULLISH ASCENSION!!
While a $10 million Bitcoin price might seem hyper-bullish, there is real reason to believe such an ascension in BTC price could occur. Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has experienced a total of 3 halvings since its launch in 2009. Historically, in the year following each halving, the bitcoin price shoots up exponentially due to an increase in demand and decrease in supply in the market.
|Jun 23, 2021|
610: MAX KEISER SAYS, BITCOIN TIPPED TO HIT $220K AS CHINA SHUTDOWN SEES MINERS AIRLIFT EN MASSE TO USA!!
CHINA's Bitcoin crackdown has caused the nation's miners to flee en-masse and set up operations in the US, with one expert Max Keiser stating the move affirms his price target of "$220,000 BTC for 2021". Referring to the move by China Bitcoin pioneer Max Keiser, speaking to Express.co.uk, said: "China doesn’t have the moral character to mine bitcoin.
"America and El Salvador do. The difficulty adjustment has decreased to accommodate the transference of mining out of China and will increase when the move is completed. I’m keeping my $220,000 BTC price target for 2021."
|Jun 22, 2021|
609: BITCOIN PRICE CAN STILL HIT $450K IN 2021, $135K IS ‘WORST-CASE SCENARIO’ SAYS PLANB!!
Bitcoin (BTC) could trade at an eye-watering $450,000 by the end of 2021, while $135,000 would be the "worst case scenario." That's according to analyst PlanB, who on June 20 released his latest sentiment-busting bullish BTC price prognosis.
"Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug 47K, Sep 43K, Oct 63K, Nov 98K, Dec 135K.
Wait until you seen my base case and best case scenarios! OK, a hint: best case Dec $450K"
|Jun 21, 2021|
608: TOP TRADER PREDICTS MASSIVE BITCOIN AND ETHEREUM RALLIES FOR SECOND HALF OF THIS YEAR!!
A closely-followed crypto trader is predicting giant rallies for Bitcoin and Ethereum before the turn of the new year, but there’s a catch. In a series of tweets, the pseudonymous trader and analyst known as Kaleo lays out gargantuan predictions for BTC and ETH in the coming months.
Among other things, Kaleo predicts that before 2022 rolls around, Bitcoin shatters $100,000 and Ethereum breaks through $10,000, all while altcoins rally hard.
|Jun 20, 2021|
607: BITCOIN WHALES QUIETLY MASS ACCUMULATE!! ETHEREUM ACCELERATING FASTER THAN BTC, SAYS MACRO GURU!!
Bitcoin whales are busy buying BTC now that the Bitcoin price of the top crypto has dropped from an all-time high of nearly $65,000 to below $40,000. According to the crypto analytics firm Santiment, Bitcoin addresses holding 100 to 10,000 BTC added a total of 90,000 BTC in the last 25 days - currently valued at $3.38 billion.
The firm says this group of BTC holders now accounts for nearly half of the circulating supply of the benchmark cryptocurrency. “They now hold a 7-week high of 9.11 million BTC, currently worth a total of $366.89 billion at this time, and 48.7% of the total Bitcoin supply.”
|Jun 19, 2021|
606: BITCOIN BULL MICHAEL SAYLOR SAYS ETHEREUM IS PUSHING TO DEMATERIALIZE THE BANKING ESTABLISHMENT!!
Bitcoin bull and the CEO of MicroStrategy, Michael Saylor, in a new CNBC interview lists ‘digital property’ as the first component of the cryptocurrency universe. While likening BTC to precious real estate in the New York City borough of Manhattan, the MicroStrategy CEO says Bitcoin is the most dominant digital property.
“Let’s talk about the crypto universe… You’ve got digital property and Bitcoin is the highest, most dominant digital property network. Think of it as granite blocks in Manhattan, in cyber Manhattan…
So Bitcoin is meant to last forever. High integrity, very durable.”
“Then you have got digital applications like Ethereum. Ethereum wants to dematerialize the JP Morgan building and banking establishment and all of the exchanges.”
|Jun 18, 2021|
605: THE 6 RICHEST PEOPLE IN THE CRYPTO INDUSTRY!! PAUL TUDOR JONES CALLS BITCOIN ‘100% CERTAIN’!!
Who Are The Six Richest People In The Cryptocurrency Industry? The Coin Bureau YouTube channel launched an investigation and reached credible conclusions. To make this fair, they focused on people who hold most of their assets in cryptocurrencies. That makes people like Coinbase’s Brian Armstrong and MicroStrategy’s Michael Saylor ineligible, because most of their fortunes are tied to their companies. It also discards all the billionaires that have a small percentage of their fortunes in crypto.
|Jun 17, 2021|
604: EVERYBODY WILL ACCEPT BITCOIN AND ITS PRICE WILL REACH $250K IN 2022, SAYS BILLIONAIRE TIM DRAPER!!
The American billionaire Tim Draper - shared with CNBC his bullish view on the future value of Bitcoin, predicting the BTC price will reach $250,000 by the end of 2022, despite the volatility in the crypto market. He further opined that the primary cryptocurrency would be the core of all financial activities for the next 20-30 years.
Additionally, Draper said numerous large companies would follow the example of Microsoft, Starbucks, PayPal, Home Depot and accept Bitcoin as a means of payment: ”Give it about a year and a half and retailers will all be on Opennode [BTC payment processor], so everybody will accept bitcoin.”
|Jun 16, 2021|
603: BITCOIN'S LATEST UPGRADE WILL SEND BTC TO NEW ALL-TIME HIGHS!! PRICE BOTTOM IS IN SAYS FIDELITY!!
Cryptocurrency trader Tyler Swope says that the latest Bitcoin upgrade could be the fuel that BTC needs to send the leading digital asset to new all-time highs. In a new strategy session, the host of Chico Crypto says that Taproot, the soft fork that aims to enhance Bitcoin’s privacy measures and smart contract flexibility, might be some of “the best news ever” for BTC.
“This is great for Bitcoin. I mean, it’s some of the best news ever because Bitcoin is about to get privacy and it’s about to get some more complex smart contracts that can make it do a lot more things. There’s going to be a big conversation coming on."
|Jun 15, 2021|
602: BITCOIN PRICE TO HIT $85K IN COMING MONTHS AS INDICATORS FLIP BULLISH!! TANZANIA NEXT TO ADOPT BTC?!
Amid hopes that Bitcoin will still hit $100,000 this year, Decentrader predicted that it may only be a matter of months before BTC is back on track.
"While we may not rally so hard and fast this time, fundamentally nothing has changed with how Bitcoin works, nothing is broken, we are just experiencing a lot of bad media coverage after a strong rally at the start of the year," the company concluded.
"So we may well see price make its way back up to the stock to flow line in the coming months. This would mean new all-time highs for $BTC before the end of this year, as the Stock to Flow line is currently sitting at $85,000."
|Jun 14, 2021|
601: BITCOIN WILL REACH $150K ON THIS DATE, SAYS TOP CRYPTO TRADER!! $288K BTC PRICE ‘STILL IN PLAY’!!
Crypto analyst and influencer Tyler Swope is unveiling the exact date on which he believes Bitcoin will hit his target of $150,000.
“The top for this cycle will be between $100,000 to $200,000 by December 2021. This is and has been my prediction for a long time. But if I had to give you a specific number and day, how about right here: $150,000 by December 15th, 2021.”
|Jun 13, 2021|
600: ETHEREUM WILL LIKELY FLIP BITCOIN THIS CYCLE AND HIT $85K!! BTC WILL COMFORTABLY REACH $200K EOY!!
Popular crypto trader and YouTuber Ben Armstrong aka 'Bitboy Crypto' says that he can see Ethereum flipping Bitcoin this cycle and soaring to the tens of thousands of dollars as its ecosystem grows at an exponential rate.
“Because of this total takeover, I can see it’s very likely that by 2025, Ethereum will hit $85,000 per ETH. The first step to that will be, of course, $25,000 ETH this year. Don’t give up on that. Ethereum won’t just be digital oil in 2025, it will be the blockchain fuel of the future.”
|Jun 12, 2021|
599: BITCOIN HITS STOCK-TO-FLOW REBOUND LEVEL NOT SEEN SINCE 2017 ATH!! CRYPTO TO TRANSFORM 4 INDUSTRIES!
Deviation from the stock-to-flow average has always resulted in a reversal to new all-time highs, data shows. Both 2013 and 2017 ultimately saw a two-tier run to an all-time high. The first peak was followed by a significant drawdown in each instance, which then reversed to spawn a run to a new top. PlanB still believes that $100,000 per Bitcoin will appear this year, while stock-to-flow calls for either a $100,000 or $288,000 average price between now and 2024.
|Jun 11, 2021|
598: EL SALVADOR TO MINE BITCOIN USING GEOTHERMAL ENERGY FROM VOLCANOES!! MICROSTRATEGY RAISES $1.6B!
Bitcoin is heating up - some may say erupting - as Latin American country El Salvadore plans to tap energy from volcanoes for mining the cryptocurrency. Nayib Bukele’s plans for crypto in El Salvador are still in motion, with the president now calling for a geothermal power company to make certain facilities available to Bitcoin miners.
In other trending Bitcoin News today: MicroStrategy gets $1.6 billion in orders in junk bond offering - four times the initially sought amount. Earlier this week, the company announced it would issue $400 million worth of junk bonds in a private offering, with a view to using the proceeds to purchase Bitcoin (BTC). One day later, the firm announced it would increase its bond offering to $500 million, after which it was inundated with $1.6 billion worth of orders.
|Jun 10, 2021|
597: BILL TO MAKE BITCOIN LEGAL TENDER PASSES IN EL SALVADOR!! MEXICO NEXT TO ADOPT BTC SAYS SENATOR!!
The president of El Salvador’s bill to make Bitcoin (BTC) legal tender in El Salvador passed congress with a supermajority in the Salvadoran Congress with 62 out of 84 votes just before 6 am UTC. “It goes into effect immediately,” he said, clarifying the government would allow 90 days for the infrastructure to be put into place.
|Jun 09, 2021|
596: BITCOIN DUE FOR A BREAK BELOW $30K WARNS TOP TRADER!! MAJOR SHIFT HAPPENING BEHIND THE SCENES!!
A Bitcoin breakout to avoid a fresh price dip below $30K would be a “miracle,” says top trader Crypto Ed, as storm clouds gather for BTC bulls.
“Now in green box but I’d expect 1 more leg down today, followed by a bounce to ~35k From there down again, sub 30k, or ‘up only’ again, but the latter feels more like a miracle tbh.”
|Jun 08, 2021|
595: BITCOIN IS HACKING DICTATORSHIPS JUST LIKE IT IS BIG TECH!! YOU WILL NEVER HAVE TO SELL YOUR BTC!!
Within Bitcoin, the word on everyone’s lips is “El Salvador.” President Nayib Bukele formally announced that he would send a bill to parliament to make BTC legal tender. Should it succeed, El Salvador would be the first nation on Earth to do so, effectively adopting something akin to a “Bitcoin standard.”
Now a politician from Paraguay (Carlitos Rejala) has posted a laser eyes photo and promised a Bitcoin announcement this week. Just as we saw MicroStrategy start the domino effect for public companies, El Salvador will likely be a catalyst for other countries.
For Caitlin Long, founder and CEO of Avanti Bank, there may be bigger forces at play. "Bitcoin is hacking dictatorships, just like it’s hacking big tech. Bitcoin doesn’t care WHY El Salvador’s president wants to make BTC legal tender - it doesn’t matter. Bitcoin already put Jack (Dorsey) on defense about Twitter censorship (he announced a decentralized version is coming)."
|Jun 07, 2021|
594: EL SALVADOR PRESIDENT DECLARES BITCOIN LEGAL TENDER; THE WORLD’S FIRST COUNTRY TO ADOPT BTC!!!!!
El Salvador is looking to introduce legislation that will make it the world’s first sovereign nation to adopt Bitcoin as legal tender, alongside the U.S. dollar.
In a video broadcast to Bitcoin 2021, a multiday conference in Miami being billed as the biggest BTC event in history, President Nayib Bukele announced El Salvador’s partnership with digital wallet company, Strike, to build the country’s modern financial infrastructure using bitcoin technology.
“Next week I will send to congress a bill that will make bitcoin a legal tender,” said Bukele.
|Jun 06, 2021|
593: BITCOIN CONFERENCE 2021 MIAMI HIGHLIGHTS: “WE’RE NOT SELLING, FOOK ELON”, SHOUTS MAX KEISER!!
The first official day of the Bitcoin 2021 conference in Miami, Florida yielded no shortage of newsworthy events. My favorite highlight is Bitcoin O.G. Max Keiser on stage with Microstrategy CEO Michael Saylor chanting, "WE'RE NOT SELLING, FOOK ELON"!!
Max's energy was off the blockchain contagious and through the roof. Thousands of conference-goers came together to take in speeches, interviews and panels from a wide array of guests, such as Miami mayor Francis Suarez, who spoke about the city’s efforts “to create the Bitcoin, blockchain and mining capital of the world.”
|Jun 05, 2021|
592: ‘DISCOUNTED’ BITCOIN MORE LIKELY TO HIT $100K THAN $20K IN 2021, SAYS BLOOMBERG ANALYST!!
Despite a massive drawdown in May, the Bitcoin (BTC) bull market appears to be intact, with a $100,000 price target more likely than a retrace to $20,000, according to Bloomberg senior commodity strategist Mike McGlone.
“In 2020, 260-day volatility dropped to its lowest ever vs. most major asset classes, notably the S&P 500. Add last year's supply cut, the migration to institutional portfolios, Ethereum futures and the launch of ETFs in Canada and Europe, and we see greater potential for Bitcoin to head toward $100,000 than sustain below $20,000.”
|Jun 04, 2021|
591: BITCOIN BREAKOUT IMMINENT!! MAX KEISER SAYS HE’S TRYING TO STAGE NEW BTC ALL-TIME HIGH BY FRIDAY!!
With range-bound movements for the past ten days or so, Bitcoin is readying for another BIG leg up or down. The chart patterns are showing a pennant formation that will eventually come to a conclusion resulting in a larger move.
Macroeconomics analyst and long-term BTC investor Madelon Vos commented that a huge breakout is very plausible. “Combined with positive divergence on RSI and a symmetrical triangle having a possible breakout of $10.000… a very plausible scenario. We could end up around $48 or $25k the next couple of weeks.”
|Jun 03, 2021|
590: IS THIS A BEAR TRAP? - BITCOIN MILLIONAIRES ARE DOING THIS!! 5 UNDERVALUED ALTCOINS TO BUY IN JUNE!!
Crypto analyst and YouTuber Tyler Swope believes that prevailing sentiment might drive traders into making a big mistake just before the market makes a huge move. In a new video, Swope tells his 247,000 subscribers that he believes bears are going to get left behind as Bitcoin gears up for the next leg of its market cycle.
“We are smack-dab in the middle of the bear trap, A.K.A. (also known as) we are still in the awareness phase of this hypercycle.”
|Jun 02, 2021|
589: HERE’S WHAT’S NEXT FOR BITCOIN AS IT ENTERS ‘SWEET SPOT’ OF SUPERCYCLE, ACCORDING TO DAN HELD!!
Early Bitcoin investor and head of marketing growth at crypto exchange Kraken, says that BTC is entering a sweet spot in the next four to eight months that could launch the world’s leading crypto asset into the high six figures.
“Over the next, I would say four to eight months is our sweet spot of when we should see the peak of the bull run. It could be another 12 months but we will either see if my thesis is validated or invalidated… It will be interesting to see what happens this year and early next year.”
|Jun 01, 2021|
588: MAX KEISER STILL PREDICTS NEW BITCOIN ATH BY JUNE 4TH, SAYS BTC CAN GAP $20K HIGHER AT ANY MOMENT!!
Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast says, "I’m still looking for BTC to hit new ATH by June 4" and reminds us the fact that, "Bitcoin can gap $20k higher at any moment. New ATH incoming."
In a new interview on The Wolf of All Streets podcast, Keiser says massive money printing and fresh signs of inflation will force companies to increasingly buy BTC this year. He sees corporations taking part in a Bitcoin buying spree that fuels a 500% price surge by the end of 2021.
“When corporate America really runs out of room to finagle and to escape the Bitcoin reality, they’ve got to make the move. I think it happens in 2021. My price target for 2021 is still $220,000 per Bitcoin. It’s an aggressive price target, but it’s based on the US dollar running into severe trouble.”
|May 31, 2021|
587: MICHAEL SAYLOR REVEALS THE TRUTH ABOUT BITCOIN DOMINANCE!! BTC’S CRUCIAL ‘LINE IN THE SAND’!!
MicroStrategy CEO and Bitcoin bull Michael Saylor is outlining whether other digital assets have a chance at usurping BTC as the most dominant cryptocurrency.
In a CNN interview, the Microstrategy CEO says there has never been an entity in history that has grown as large as Bitcoin and failed. The billionaire adds that BTC is more dominant in its space today than some of the world’s biggest technology unicorns were before they rose to prominence.
|May 30, 2021|
586: BITCOIN WILL REACH $12,500,000 BY THIS DATE, SAYS ROBERT BREEDLOVE - AND SURGE 750% THIS CYCLE!!
The chief executive of crypto consulting firm Parallax Digital is predicting the massive expansion of the US dollar supply in the next ten years, which he says will ignite Bitcoin’s meteoric rise to $12.5 million. As for this cycle, Robert Breedlove adds that he expects BTC to surge over 750% before the leading crypto asset tops out.
“I have a model posted. It’s still published on Twitter three years ago that we called the next Bitcoin peak at $244,000. I modified that model after vid' because I also think that the inflationary pressures on the US dollar are going to become especially pronounced, roughly 18 months after the printing began, which just happens to fall right in line with the next Bitcoin price peak. I think we could break $300,000 in this market cycle… $307,000 to be exact, that’s our current model price.”
|May 29, 2021|
585: WARNING: MORE EXTREME VOLATILITY INCOMING!! BITCOIN CRASH REVEALS RESILIENCY OF CRYPTO MARKETS!!
Crypto analyst Justin Bennett expects that crypto investors will face much more volatility in the weeks ahead and warns some traders will be shaken out of the market. Bennett argues that the recent Bitcoin crash in BTC price was driven by wealthy players who now have an opportunity to increase their positions in the flagship cryptocurrency.
|May 28, 2021|
584: GOLDMAN SACHS PREDICTS ETHEREUM WILL OVERTAKE BITCOIN AS STORE OF VALUE!! PAYPAL ALLOWS WITHDRAWALS!
Investment banking goliath Goldman Sachs says that Ethereum (ETH) will likely beat Bitcoin (BTC) as a store of value. Excerpts from the bank’s research paper shared by Santiago Roel Santos, general partner at blockchain-focused investment firm ParaFi Capital, highlights Ethereum’s fundamental advantages over Bitcoin.
“Ether beats bitcoin as a store of value. The Ethereum ecosystem...provides developers a way to create new apps. Most of DeFi apps are being built on Ethereum. The greater number of transactions in ether vs bitcoin reflects this dominance.”
|May 27, 2021|
583: $450K BITCOIN PEAK HIGH PREDICTION THIS CYCLE SAYS TOP ANALYST!! ETHERUEM PRIMED FOR 500% EXPLOSION!
Popular crypto analyst Michaël van de Poppe reveals that he is still standing by his peak high bull cycle prediction for Bitcoin, Ethereum, as well as 6 other top altcoins including Polkadot, Chainlink, Cardano, Zilliqa, Elrond and DIA.
In other trending Cryptocurrency News today: Ethereum Primed for 500% Explosion, Says Crypto Trader Lark Davis - Here’s Why!
|May 26, 2021|
582: 100x-200x GROWTH COMING TO BITCOIN / CRYPTO MARKETS, SAYS MACRO GURU - HERE’S HIS TIMELINE!!
Former Goldman Sachs executive and current CEO of Real Vision Raoul Pal is assessing Bitcoin's short-term and long-term prospects. Following the big correction in the crypto markets, the macro guru says that he’s scrounging for every last bit of cash he can find to deploy as dry powder for his portfolio. Despite the scary price action, Pal doesn’t believe we’ve seen the top of the bull run yet.
|May 25, 2021|
581: NYDIG: WE’LL SEE AN ‘EXPLOSION’ IN BITCOIN DRIVEN FINANCIAL INNOVATION BANKING OVER THE NEXT YEAR!!
“Bitcoin is life insurance” is how Ross Stevens, founder, and CEO of NYDIG, a BTC management company, which is the subsidiary of $10 billion asset manager Stone Ridge, defined the cryptocurrency in his latest interview.
Ross Stevens also revealed that he had a meeting with the heads of three of the world’s largest central banks about Bitcoin and inflation. He believes that we could see a central bank adopting the bitcoin standard or purchasing BTC as a reserve asset in the next 12 months.
|May 24, 2021|
580: KEY LEVELS TO WATCH AS BITCOIN PRICE SLIPS BELOW $34K!! WILL BTC STILL HIT 6-FIGURES THIS YEAR?!!
The Bitcoin price dropped below $34,000 as traders look to the next key levels of support. In the near term, the major macro level for BTC and Ethereum remain at $30,000 and $2,000, respectively. According to traders like TraderKoz, if Bitcoin can remain above $37,000 throughout the weekend and recover to around $37,500, the chances of overtaking $42,000 become high.
|May 23, 2021|
579: BITCOIN IS STILL HEADING TO $500K DESPITE RECENT CRASH SAYS ARK INVEST CEO!! WHAT'S NEXT FOR BTC?!!
Superstar hedge fund manager Cathie Wood says she still sees Bitcoin heading to $500,000 despite the recent BTC crash to $30,000. In an interview with Bloomberg, the Ark Invest CEO say that while her team’s conviction that Bitcoin will hit $500K remains high, she concedes that some conditions have changed.
|May 22, 2021|
578: PLANB DOUBLES DOWN ON HUGE BITCOIN PREDICTION DESPITE RECENT COLLAPSE!! BTC LONG-TERM TRAJECTORY!!
The crypto analyst known for first applying the stock-to-flow model (S2F) to Bitcoin is undeterred by the top cryptocurrency’s brutal price action. In a new tweet, PlanB reiterates his view regarding where we are in the current bull cycle, asserting that BTC is only a few months into its bull run.
“Just to be clear: I do not think $60,000 was the top, far from it, because I do not see the kind of transactions that normally happen after an all-time high (red dots). In fact, I think we are just a couple of months out of the bear market (blue dots). And yes, this on-chain view fits S2F(X).”
|May 21, 2021|
577: MAX KEISER SAYS BITCOIN PRICE WILL HIT NEW ALL-TIME HIGH BY JUNE 4TH!! BTC DOMINANCE ON THE CLIMB!!
Bitcoin pioneer Max Keiser, RT host of the Keiser Report and Orange Pill Podcast shares his latest Bitcoin price predictions after the recent massive 55% BTC market correction.
"Max & Stacy started buying BTC in 2011 - and have been through (and reported to millions of people) every single one of these corrections. $220,000 in 2021 still in play. Bitcoin new ATH by The Bitcoin Conference June 4th."
|May 20, 2021|
576: BITCOIN CRASH 55% FROM ITS ALL-TIME HIGH BUT $83,000 BTC PRICE NOW IN THE CARDS FOR MID-JUNE!!
Bitcoin is now down 55% ($35,000) since it's all time high near $65,000 making this the biggest BTC correction by far this year. Two key Bitcoin price metrics signal that whales bought the dip, a hint that BTC may be gearing up for a new all-time. If history repeats and a 95% rally follows this Bitcoin crash, BTC could reach $83,000 in mid-June.
|May 19, 2021|
575: BITCOIN PRICE CAN HIT $29K NEXT WARNS CNBC CHARTMASTER!! TOM LEE UPS HIS YEAR END BTC TARGET BY 25%!
Bitcoin (BTC) could drop to $29,000 and still be testing current support in line with past dips, claims CNBC’s “Chartmaster.” In an appearance on the network’s Fast Money segment on Monday, Carter Worth, chief market technician of Cornerstone Macro, warned that the BTC bottom may be far from in with a 55% correction from all-time highs still on the table.
|May 18, 2021|
574: ELON MUSK TWEETS CRYPTIC BITCOIN PRICE BOTTOM?! TOP TRADER UNVEILS BIG YEAR END TARGET DESPITE FUD!!
It's all about Elon Musk as Crypto Twitter provides the backdrop to an ongoing battle between Bitcoin hodlers and the "Dogefather."
"Elon Musk must be an outstanding technical analyst. His "Tesla has not sold any Bitcoin" tweet was posted exactly at Bitcoin's key technical level, the 61.8 fib ($42,845)."
|May 17, 2021|
573: BITCOIN CAN SEE HUGE GAINS IN SIX MONTHS, SAYS PLANB - HERE’S HOW HIGH BTC PRICE CAN SOAR!!
The first cryptocurrency analyst to apply the stock-to-flow model to Bitcoin is predicting that the leading crypto asset could meteorically rise in the following months as BTC continues to hold its ground in the midst of bearish news.
“Net result (after Turkey ban, US tax FUD, Faketoshi lawsuits, Elon/Tesla energy FUD) is that Bitcoin is 5x higher than ~6 months ago. And both stock-to-flow model + on-chain data indicate that we are only halfway through this bull market. I would not be surprised to see another 5x next ~6 months.”
|May 16, 2021|
572: BITCOIN REMAINS BULLISH DESPITE RECENT PULLBACK SAYS TOP ANALYST!! 4 CRYPTO ASSETS TO WATCH OUT FOR!http://cryptonewsalerts.net
Popular analyst and trader Michaël van de Poppe is providing his take on the latest market correction while naming a set of altcoins that have caught his attention.
“It’s great to see the strength on altcoins. Yes, we’ve got some news regarding Bitcoin and Elon Musk (Tesla CEO), but essentially, not much has changed. Markets are still bullish.”
|May 15, 2021|
571: BITCOIN IS READY TO SMASH $75K BEFORE END OF MAY SAYS TOP ANALYST!! CRYPTO CAN REPLACE US DOLLAR!!
A popular crypto trader and analyst says three crypto assets are primed to accelerate toward new all-time highs. Smart Contracter tells his 137,000 followers that while some are calling for a Bitcoin retest of the $40,000 level, he’s ready for the flagship crypto BTC to make a move up to $75,000 before the end of May.
“Really not much has changed for BTC, looking like a smaller flat within a larger flat, new all-time highs are on the way. $40,000 callers are just straight up coping at this stage.”
|May 14, 2021|
570: THIS ONE CATALYST CAN SEND BITCOIN INTO THE STRATOSPHERE!! 3 REASONS BTC DON’T CARE ABOUT ELON MUSK!
CryptoQuant CEO Ki Young Ju is naming one catalyst that he says could send Bitcoin’s (BTC) value into the stratosphere.
“NYSE (New York Stock Exchange) listed the first gold ETF in Nov 2004, and the price never came back. Many economic factors have affected the gold price, but listing ETF would have played a major role in the inflow of global institutional funds. We may never see this BTC price again once ETF’s approved.”
In other trending Bitcoin News today: 3 Reasons Why Bitcoin Doesn’t Care About Elon Musk! Tempers are running hot in the latest round of Bitcoin FUD, but a longer-term perspective reveals “business as usual” for BTC. Bitcoin dived 17% when Tesla CEO Elon Musk criticized its energy consumption - but it’s already bouncing back.
|May 13, 2021|
569: BITCOIN BREAKOUT ACTIVATED: TOP TRADER UNVEILS BULLISH TARGETS FOR BTC, ETHEREUM, XRP AND CHAINLINK!
A high-profile crypto strategist and trader is keeping a close watch on five crypto assets that he believes are gearing up to blast off into the stratosphere. In a new tweet, the trader known as Smart Contracter tells his 136,500 followers that Bitcoin (BTC) is almost ready to break out of its three-month consolidation above $50,000 en route to a new all-time high.
“BTC breakout activated. $80,000 next.”
|May 12, 2021|
568: BOBBY LEE: BITCOIN CAN EASILY 5X WHEN IT PEAKS OUT THIS BULL MARKET CYCLE!! EXCLUSIVE INTERVIEW!!
In this exclusive Bobby Lee interview we discuss everything from Bitcoin price predictions, Ethereum, altcoins, crypto winter, UFO's, his new book 'The Promise Of Bitcoin', as well as some pretty shocking predictions for the future of cryptocurrency.
"I made a prediction that BTC can get to $233K in this bull market cycle and the question is does this bull market cycle end in the summer time or does it end in the fall or winter, we don’t know.
I can surely say today in the spring of 2021 this is no where near the peak of the bull market cycle so when it peaks out I think Bitcoin can easily go over $200K or maybe even $300K. That’s 5X of today’s price.”
|May 11, 2021|
567: BITCOIN CAN TRADE FOR $250K SAYS MORGAN CREEK CAPITAL CEO - HERE’S WHEN!! ETHEREUM BREAKS $4K ATH!!
Morgan Creek Capital Management founder and CEO believes the next BTC market cycle could see the asset rival gold by market capitalization and trading for more than $200,000 per Bitcoin.
While appearing on CNBC’s Trading Nation on May 9, Mark Yusko compared the rapid adoption of Bitcoin to the growth of FAANG companies — Facebook, Apple, Amazon, Netflix, and Google.
“This is a network and networks grow in an exponential way. This is the fastest network in history to a trillion dollars of value, right on the heels of the FAANGs that took, you know, 15 to 20 years depending on which one you look at.”
|May 10, 2021|
566: BITCOIN ETF TO IGNITE GLOBAL BTC BUYING SPREE! 10 SIGNS ETHERUEM WILL SHATTER $10K SAYS VC INVESTOR!
The first BTC exchange traded fund may come as soon as next month after the SEC pushed the deadline for the approval or disapproval of the VanEck Bitcoin ETF from May 3rd to June 17th, which represents a 45-day extension.
The chief executive of crypto intelligence firm CryptoQuant believes that a wall of money will likely enter the crypto markets as soon as a US ETF is approved.
|May 09, 2021|
565: BLOOMBERG PREDICTS BITCOIN WILL HIT AT LEAST 6-FIGURES THIS YEAR!! BTC WILL DOMINATE 21ST CENTURY!!
The Bitcoin post-halving bull run is “tame” compared to previous cycles, according to new analysis from Bloomberg. Per the newsletter, if the BTC price catches up to the pace of 2017, the leading cryptocurrency by market cap will hit at least six-figures this year.
“The 15x price gain in 2017 was about one-third of 2013’s advance. A similar fraction of the 2017 surge would translate to a price just above $100,000 in 2021, and other than Bitcoin’s continued maturation, conditions aren’t much different now.”
|May 08, 2021|
564: GOLDMAN SACHS IS NOW OFFERING BITCOIN DERIVATIVES!!! METEORIC $150K ETHEREUM PRICE PREDICTION!!
Investment banking giant Goldman Sachs has reportedly opened up futures trading on Bitcoin to Wall Street executives.
In other trending Bitcoin News today: $150K Ethereum Price Prediction By 2023!
Nikhil Shamapant, a retail investor and medical resident, recently published a research report titled “Ethereum, The Triple Halving” in which he presented arguments for why he thinks ETH could see a meteoric rise in value to around $150,000 by 2023.
|May 07, 2021|
563: BITCOIN WILL HIT $1 MILLION - HERE’S WHEN!! LARGEST LATIN AMERICAN ECOM PLATFORM BUYS $7.8M IN BTC!!
“Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold... BTC is uncontested.”
In other trending Bitcoin News today: Mercado Libre, The Largest Latin American eCommerce Platform Adds $7.8 Million In Bitcoin To Its Treasury. The purchase makes the eCom platform the 36th publicly traded company to add BTC to its balance sheet.
|May 06, 2021|
562: BITCOIN IS COMING TO HUNDREDS OF US BANKS THIS YEAR SAYS CRYPTO CUSTODY FIRM NYDIG!! $30K ETHERUEM?!
Bitcoin may be taking another step towards mainstream adoption. For the first time, customers of some U.S. banks will soon be able to buy, hold and sell BTC through their existing accounts, according to crypto custody firm NYDIG.
The company, a subsidiary of $10 billion New York-based asset manager Stone Ridge, has partnered with fintech giant Fidelity National Information Services (FIS) to enable U.S. banks to offer bitcoin in the coming months, according to the two firms.
|May 05, 2021|
561: BITCOIN WILL SHATTER $300K THIS CYCLE, SAYS TOP TRADER!! ALTCOINS CAN SURGE 27,000% HIGHER IN 2021!!
Prominent crypto trader and strategist Michaël van de Poppe reveals his bold Bitcoin price top prediction for this BTC bull market cycle:
"Are we going with Bitcoin towards $300,000 or $500,000? I guess we will because if you look at the valuation of gold at this stage, it’s about $12 trillion. If you calculate that for Bitcoin at this stage, it’s already about $500,000 that we’re going to hit. So if we are going to have a top this cycle for Bitcoin, I guess it’s going to be above $250,000 and closer to $350,000-$450,000 and I guess it will also be longer than this year. I guess we will have more substantial sideways periods.”
|May 04, 2021|
560: BITCOIN CAN GO STRAIGHT TO $1 MILLION THIS BULL CYCLE!! ETHEREUM CO-FOUNDER BECOMES BILLIONAIRE!!
Dan Held, head of growth at Crypto exchange Kraken in a new interview asserts that if Bitcoin can break $300,000, the bullish narrative surrounding the BTC may be so overpowering that there won’t be enough sellers to drive down the price.
“What happens when ownership of Bitcoin moves from 0.01% of the world to 1%? What happens when part of the $100 trillion managed by institutions flows into Bitcoin to preserve wealth?
It certainly won’t be going from $20,000 to $100,000. It could move from $20,000 to $1 million and then only have smaller cycles after. This may be one of the final big cycles.”
|May 03, 2021|
559: HERE’S HOW BITCOIN AND ETHEREUM WILL PERFORM FOR THE REST OF THE YEAR, ACCORDING TO MACRO GURU!!
Macro guru and crypto veteran Raoul Pal is pulling back the curtain on how he believes Bitcoin (BTC) and Ethereum (ETH) will stack up against other asset classes this year.
In a new tweetstorm, the former Goldman Sachs executive reiterates his theory that Bitcoin is a “super massive black hole,” which posits that the crypto markets will continue to suck capital out of every other major asset.
“My theory is that no investment will beat crypto this year and it will suck in more and more capital. Like it or not, this is the single most superior trade of the last 12 months and one of the great trades ever. BTC is up +1,386% from the low in March 2020 and ETH is up +2,985% from the low in March 2020."
|May 02, 2021|
558: WILLY WOO PREDICTS BITCOIN BETWEEN $300K-$400K BY DECEMBER, MAYBE HIGHER BASED ON HIS TOP-CAP MODEL!
Popular on-chain analyst Willy Woo thinks this Bitcoin bull run is far from over. Woo tells SALT Talks that investors who simply buy and hold are “coming in very strong” in the current BTC market and are acting as a driving force of the current bull run.
"So ball-parking, December, [based on] that top-cap model of mine: It could be anywhere in the $300,000 to $400,000 range, it might even go higher. But we need to see how it performs over the next six months.”
|May 01, 2021|
557: BITCOIN SUPERCYCLE WILL SEND BTC TO ASTRONOMICALLY NEW HIGHS OF $1 MILLION SAYS ON-CHAIN ANALYST!!
Crypto trader and influencer Elliot Wainman is sharing his thoughts on the Bitcoin price potential, asserting that the asset is nowhere near its bull cycle top. The cryptocurrency analyst predicts that the flagship digital asset could reach a price of $1 million per BTC once the Bitcoin super cycle really kicks off.
“As we enter into May of 2021, which many people feel like might be towards the end of this bull run, I can’t help but feel like we’re on the brink of really crossing the chasm into a Bitcoin super cycle that would not only bring in hundreds of millions, if not billions of users, into crypto but would most likely send Bitcoin to astronomically new highs of hundreds of thousands, maybe even close to that hallowed ground of a $1 million Bitcoin.”
|Apr 30, 2021|
556: BITCOIN WILL GO INTO HYPERDRIVE AFTER SHATTERING $100K IN JUNE AND HIT $290K-$320K BY SEPTEMBER!!
Crypto trader and YouTuber Ben Armstrong aka 'Bitboy Crypto' is predicting that Bitcoin will kick it into hyperdrive after shattering $100,000 by the end of the second quarter, largely driven by the expiry of the quarterly futures contracts.
“I think the end of this bull run is the end of September, so we’ll give it another month to run, and then match the stock-to-flow, you know, somewhere between $290,000, $320,000.”
|Apr 29, 2021|
555: BITCOIN BLASTING OFF TO $700,000, ACCORDING TO CRYPTO INVESTMENT FIRM PANTERA CAPITAL - HERE’S WHEN!
Crypto investment firm Pantera Capital has revealed a Bitcoin pricing model for BTC that places the world’s biggest cryptocurrency asset by market cap at staggering new levels.
In the company’s April letter to investors, Pantera notes that one of their models, which compares the amount of new Bitcoin users to the flagship crypto’s price, reveals a terminal BTC price of $700,000.
|Apr 28, 2021|
554: FACEBOOK WILL ANNOUNCE THEY HOLD BITCOIN ON THEIR BOOKS TOMORROW?! $400K BTC THIS BULL CYCLE!!
"Facebook will announce they hold Bitcoin on their books when they release their quarterly results after trading closes tomorrow", according to popular crypto investor Alistair Milne, CIO of Altana Digital Currency Fund. If this rumor is in fact true then this is major news for not only BTC but the entire cryptocurrency market.
|Apr 27, 2021|
553: JPMORGAN CHASE TO LET CLIENTS INVEST IN BITCOIN FUND FOR FIRST TIME!! $220K IN 2021 STILL IN PLAY!!
JPMorgan Chase is preparing to offer an actively managed Bitcoin fund to certain clients, becoming the latest, largest and – if its CEO’s well-documented distaste for bitcoin is any indication – unlikeliest U.S. mega-bank to embrace crypto as an asset class.
The JPMorgan Bitcoin fund could roll out as soon as this summer, two sources familiar with the matter told CoinDesk. Institutional bitcoin shop NYDIG will serve as JPMorgan’s custody provider, a third source said.
|Apr 26, 2021|
552: BITCOIN WILL HIT $300K BY END OF CURRENT BOOM CYCLE SAYS TOP CRYPTO STRATEGIST!! TRADER CHEAT SHEET!
Widely-followed crypto strategist and trader Michaël van de Poppe is looking at the bigger picture to analyze the state of the Bitcoin bull market.
According to the psychology of a market cycle, the disbelief phase is the earliest stage of the bull market, where market participants believe that the rally will abruptly end.
Van de Poppe’s current sentiment that BTC is in the early stages of a bull market aligns with his prediction that Bitcoin will hit $300,000 by the end of the current boom cycle.
|Apr 25, 2021|
551: MACRO GURU RAOUL PAL FIGHTING THE URGE TO SELL ALL HIS BITCOIN FOR ETHEREUM - HERE'S WHY!!
Macro guru and Bitcoin bull Raoul Pal says he’s battling the urge to sell off all of his BTC in order to buy more Ethereum (ETH).
"The ETH space is growing at 100% YOY (vs 50% YOY for BTC) and it is attracting a massive proportion of the developer talent and applications too.
At this point in the risk cycle and with ETH 2.0 coming (cheaper fees and less supply), I’m struggling to not sell all my BTC to move my entire core position to ETH. To be clear – I’m a massive BTC bull, but I think ETH is the better asset allocation for performance right now.”
|Apr 24, 2021|
550: TOP ANALYST PREDICTS $500K BITCOIN AND $25K ETHEREUM THIS MARKET CYCLE!! MASSIVE ALTSUMMER COMING!!
Cryptocurrency analyst and influencer Michaël van de Poppe believes Altcoins will rally furiously this summer. Van de Poppe is also suggesting that he would not be surprised to see Bitcoin appreciate by about 800% from current levels and Ethereum go up by around 900% from current prices during this market cycle.
“This entire cycle is going to be massive, still. Bitcoin to $500,000? Yeah, why not. Ethereum to $25,000? Yeah, why not.”
|Apr 23, 2021|
549: BITCOIN DOMINANCE DROPS TO 3-YEAR LOW!! GUGGENHEIM $400K BTC LONG TERM PREDICTION STILL STANDS!!
The chief investment officer of investment giant Guggenheim has repeated his warning that Bitcoin (BTC) will crash to $20,000.
In an interview with CNBC on April 20, Scott Minerd warned again that Bitcoin could lose half of its value in a pullback, however, his longer-term forecast of $400,000 per Bitcoin still stands.
In other trending Bitcoin News today:
Bitcoin Dominance Drops Below 50% For The First Time In 3 Years
The move came as Bitcoin was about to lose its market cap dominance supremacy to altcoins in what traditionally marks the “real” start of the “alt season.”
|Apr 22, 2021|