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403: BITCOIN COULD SOAR TO $100K BY END OF 2021 AS DEMAND RAPIDLY EXCEEDS SUPPLY SAYS ANTHONY POMPLIANO!
Bitcoin could surge to $100,000 by the end of 2021, according to the crypto investor Anthony Pompliano.
BTC traded as high as $19,389 on Wednesday and is nearing its all-time high, reached in 2017.
Pomp, a cofounder of Morgan Creek Digital, told CNBC on Wednesday that demand for Bitcoin was rapidly outpacing supply, especially after its "halving" in May, when the number of Bitcoins awarded to miners was cut in half.
This occurs roughly every four years and serves to limit the supply of BTC coming into the market. Bitcoin is "the winner of a supply-and-demand exercise," Pompliano said.
Pomp added that the macroeconomic environment right now was "rocket fuel" for Bitcoin.
Low interest rates, money printing, and the Federal Reserve's average inflation target of 2% have driven retail and institutional investors into BTC, he said.
For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
|Nov 26, 2020|
402: ‘NO DEBATE’ THAT BITCOIN WILL INCREASE 20-30X PUSHING PRICES AS HIGH AS $500K SAYS GOLD INSIDER!!
Gold Bullion International co-founder Dan Tapiero believes that it’s only a matter of time before Bitcoin surges into the six-figure threshold as $15 trillion in institutional capital could flow into BTC, pushing the Bitcoin price as high as $500,000.
Speaking to Anthony Pompliano on the Pomp Podcast, Tapiero asserted that in terms of price appreciation, Bitcoin is king, even though he believes investors should own both gold and Bitcoin:
“In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and $500,000, so that’s a 20, 30x.”
For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
|Nov 25, 2020|
401: BITCOIN IS BREAKING OUT TO $20K!! BTC WILL REACH $300K BY END OF DECEMBER 2021 PREDICTS FiCAS CIO!!
For the first time since 2017, Bitcoin price pushed above $19,000, and multiple indicators suggest the BTC rally will continue on, breaking the $20,000 all-time high.
The BTC price hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017.
Three key reasons are behind this strong momentum of the dominant cryptocurrency.
The main factors buoying BTC’s ongoing rally is whale accumulation, decreasing exchange supply and explosive volume trends.
For complete show notes and for the full premium experience with video, visit our YouTube channel at http://CryptoNewsAlerts.net
|Nov 24, 2020|
400: BITCOIN MAY TOP $500K SAYS ARK INVEST CEO CATHERINE WOOD!! 5 THINGS TO WATCH IN BTC THIS WEEK!
With Bitcoin nearly touching $19,000 in the last few days, many analysts are of the opinion that BTC still has room to grow to as much as $500,000.
Institutional investors are now ramping up their purchase of Bitcoins.
ARK Invest CEO Catherine Wood suggested that if all institutions would assign even a mid-single-digit allocation to Bitcoin on their portfolio, its value would increase tremendously.
"The cryptocurrency could rise to somewhere in the $400,000 to $500,000 range," she told news outlet Barron's during an online event.
Woods said institutions have been increasing their allocation of Bitcoin, and their numbers are increasing significantly.
|Nov 23, 2020|
399: MAX KEISER SAYS BITCOIN WILL ROCKET TO $1M AS BIG INSTITUTIONS BUY BTC DIRECTLY FROM MINERS!
The Bitcoin price will rise exponentially until "it'll get almost impossible to buy BTC as price rockets higher" Max Keiser has announced.
Speaking to Express.co.uk, RT host of the Keiser Report, Max Keiser said:
"The demand for Bitcoin is growing almost exponentially while supply is mathematically locked at 900 a day and in fact, in 2024, the supply gets cut in half again to 450 a day.
This is why I think institutions that are buying Bitcoin will do so directly from miners and the public won’t have a chance to buy any. The public will be shut out as the price rockets to $1,000,000 per BTC."
|Nov 22, 2020|
398: BLOOMBERG: BITCOIN CAN REACH $170K IN NEXT YEAR OR TWO!! BTC HAS NO TOP BECAUSE FIAT HAS NO BOTTOM!
As Bitcoin inches closer to its previous $20K all-time high, Bloomberg analyst Mike McGlone shared on Bloomberg TV that he’s bullish on what’s next for the benchmark cryptocurrency in the future and even predicted a $170,000 BTC price point by 2022.
Bitcoin closed Thursday at $17,821, slightly above the previous day and also a new 2020 high. It’s also the highest it has reached in the last three years.
With Bitcoin now less than $2,000 away from its previous high of just below $20,000, analyst Mike McGlone from Bloomberg believes the dominant crypto is not yet finished in its ascent.
McGlone said that since Bitcoin added one in front of its number compared to last year, it will likely add a zero to the back of its number next year or by 2022.
“If you look at past performance, which is potentially indicative of the future, next year or two could add a zero to the back of the number,” he said on Bloomberg TV.
|Nov 21, 2020|
397: BITCOIN WILL REACH $1 MILLION SAYS CRYPTO STRATEGIST!! ETHEREUM NEXT CYCLE ATH $10K-$20K!
Crypto analyst and influencer Alex Saunders says he believes Bitcoin is heading toward the $1 million mark, but the journey will take a while.
In a new interview with Stansberry Research, Saunders says BTC is on track to shatter $100,000 in the next five years.
After that, he believes Bitcoin will set its sights on $1 million, and the outcome will depend on how governments decide to deal with the the leading cryptocurrency.
“I honestly think now, if you look at the market cap and you look at the trillions of dollars that are being printed by the month these days, I definitely think we’re going to hit $100,000 in the next five years."
|Nov 20, 2020|
396: LIVE BITCOIN TECHNICAL ANALYSIS WITH PHILIP SWIFT SUGGEST BTC PRICE WELL ABOVE $100K NEXT YEAR!
In this exclusive interview, crypto analyst Philip Swift shares some live Bitcoin technical analysis which suggest we easily see a $100K+ BTC price next year.
“Into next year, probably Q3, Q4 I think we’ll be around $100K. Then as you’ve seen before we get these blow-off tops. Once price breaks above the red line I can easily see us heading up well above $100K, maybe the high $100K levels, so good times ahead.”
Philip also shares some very bullish on-chain analysis charts as well as the ‘Golden Ratio Indicator’ which suggest a $22K-$24K Bitcoin price target in the weeks ahead.
|Nov 19, 2020|
395: OMG!! BITCOIN BREAKING OUT!! $50K IS NEXT ONCE $20K ALL-TIME HIGH IS CLEARED!!
BITCOIN COULD HIT $50,000 IF IT SECURES ALL-TIME HIGH!!
BTC is literally skyrocketing right now above $18,000.
In the past 30 days the leading cryptocurrency has gained 60% which represents over $6,000 in gains.
Analysts are confident that further Bitcoin gains are on the horizon.
According to Mike McGlone, a senior commodity analyst or strategist at Bloomberg Intelligence, Bitcoin passing its previous all-time high at $20,000 will cause a large move higher.
McGlone went as far as to say that the cryptocurrency passing $20,000 per BTC could trigger a move to a $1 trillion market cap for all Bitcoin.
This corresponds with approximately $50,000 per Bitcoin, a price $32,000 higher than the current BTC price point of $18,000.
“$20,000 Bitcoin Is Primary Hurdle Toward $1 Trillion Market Cap — The digital version of gold but with more-limited supply and a history of adding zeros, appears to be in an early price-discovery stage and may simply continue its ascent in 2021. Mainstream adoption is rising…”
|Nov 18, 2020|
394: BITCOIN SMASHES $17K! BTC WILL HIT $65K AS NETWORK EFFECT HAS ‘TAKEN OVER’ SAYS MIKE NOVOGRATZ!
Bitcoin will hit $65,000 due to a combination of low supply and “tons of new buyers,” major BTC investor Mike Novogratz says.
In an increasingly popular Twitter debate on Nov. 17, Novogratz, who is well known for his prominent Bitcoin plugs, told actress Maisie Williams not to hesitate in buying the cryptocurrency.
Williams had released a poll asking Twitter followers whether or not she should invest in BTC.
At press time, the verdict was split, with 47% of the roughly 750,000 responses supporting an investment.
The poll soon caught the attention of famous Twitter users, among them Tesla CEO Elon Musk.
“I bought more BTC last night at 15,800. It’s going to 20K and (then) To 65K,” Novogratz commented.
“The network effect has taken over. I see tons of new buyers and there is very little supply. It’s an easier trade here (than) at 11K. So YES, buy it.”
|Nov 17, 2020|
393: BITCOIN PRICE WILL REACH $318K BY DECEMBER 2021 AS 'THE NEW GOLD', SAYS CITIBANK ANALYST!
Bitcoin is the new gold, said Thomas Fitzpatrick – a Managing Director in the giant multinational bank Citibank.
He also predicted that BTC could skyrocket to $318,000 per Bitcoin in the upcoming 13 months by exploring several historical price cycles and the ongoing economic uncertainties.
Fitzpatrick has spent 22 years as the Global Head of Citibank’s G10 Forex business arm called Citi FX Technicals. Apart from analyzing the foreign exchange market, though, he recently explored the performance of gold and Bitcoin as outlined by a popular cryptocurrency commentator.
The Managing Director at Citibank emphatically noted in the report that “Bitcoin is the new gold.”
He highlighted BTC’s limited supply and digital form as two of its most distinctive features. Bitcoin also “moves across borders easily and ownership is opaque.” That last point is “very relevant” as “the huge Fiscal deterioration of today has a cost in the future, either directly or indirectly.”
|Nov 16, 2020|
392: CITIBANK REPORT: BITCOIN MOON TARGET SET TO PEAK AT $318K IN DECEMBER 2021!
With Bitcoin turning bullish, the mainstream institutions are also taking a special interest in the leading cryptocurrency.
The latest is Citibank, whose bitcoin technical analysis sees lofty price targets at over $300k per BTC by the end of 2021.
Thomas Fitzpatrick, Global head of CitiFXTechnicals product, the author of the report, traces the historical price performance of Bitcoin, which reflects that timeframes for the rally are getting longer, which puts this rally to peak in December 2021 at $318k.
|Nov 15, 2020|
391: BITCOIN WILL BE WORTH TRILLIONS AND BECOME A WORLD RESERVE CURRENCY 'BEFORE' 2024 SAYS MAX KEISER!
Popular TV host of the Keiser Report and legendary Bitcoin bull Max Keiser predicts that ‘before’ the 2024 US presidential election BTC will be worth trillions and become the world reserve currency.
“Before 2024 US Presidential election:
1. BTC worth trillions
2. BTC - world reserve currency
3. Countries locked in Hash War
4. Most banks will be gone, replaced with Central Bank ‘crypto’
5. Combined political power of BTC billionaires will dominate policy”
Earlier this year, live on the Alex Jones show, Keiser officially raised his Bitcoin price target for the first time in eight years to $400K per BTC.
“I’m raising my official target for the first time in eight years,” Keiser told Jones in a February 17 video interview. “I’m raising it to $400,000.”
The BTC maximalist proceeded to argue that it is not too late to get into the revolutionary money of the future, and in fact, it’s just the beginning.
“So this is your new chance to make the bitcoin phenomenon work for you, Alex Jones.”
Keiser clarified that the $400K target is based on the value of gold, and called bitcoin “gold 2.0.”
Then just last month Max upped his Bitcoin target again sharing,
“People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while Bitcoin’s price skyrockets 40-80x.”
So for Bitcoin to 80X at the time of his prediction, this would put the Bitcoin price at about $880,000.
|Nov 14, 2020|
390: MAX KEISER SAYS BITCOIN WILL ‘GOBBLE UP ALL FIAT’ AND RISE OVER $100K!
Bitcoin Pioneer Max Keiser, host of the Keiser Report went on record sharing, “BTC is the monetary black hole that will gobble up all fiat and rise to more than $100,000 doing it” back in 2018.
In fact Max has been telling his audience to buy Bitcoin since 2011, back when the cryptocurrency was trading at just $1.
In regards to his most recent BTC price prediction, Keiser shared on Crypto Twitter:
“$20,000 will get sliced through easily - then a pop to $28,000.”
|Nov 13, 2020|
389: WHY A $1M BITCOIN IS NEARLY INEVITABLE AND BANNING BTC IS ‘NOT’ POSSIBLE OR EVEN REASONABLE!
Crypto analyst and Bitcoin bull Moon Capital recently went on an epic tweet storm sharing his bullish case on why a $1,000,000+ BTC price is nearly inevitable.
“1/ “BUT THEY WILL BAN BITCOIN.” Let me quickly explain why this threat is HIGHLY overestimated and why it is NOT possible or even reasonable. $1,000,000+ Bitcoin is nearly inevitable.”
In other breaking Bitcoin News today:
“3 Reasons Bitcoin Price Just Hit $16,000 For The First Time Since 2017”
The price of Bitcoin (BTC) surged past $16,000 today, Nov. 12, for the first time in nearly three years.
The momentum of the dominant cryptocurrency is strengthening due to three key major factors.
The main catalysts behind BTC’s rally are the non-overheated derivatives market, repeated retest of $16,000, and the $14,900 whale supply zone.
|Nov 12, 2020|
388: BITCOIN WILL HIT $500K AND MONEY STORED IN BTC WILL RUN THE FASTEST, OVERTAKING GOLD!
The Winklevoss Twins, co-founders of the Gemini crypto exchange, recently stated that the Bitcoin price will hit $500K in the years ahead due to BTC having the potential to outpace gold:
“Inflation is coming. Money stored in a bank will get run over. Money invested in assets like real estate or the stock market will keep pace. Money stored in gold or BTC will outrun the scourge. And money stored in BTC will run the fastest, overtaking gold…
Nonetheless, we believe that BTC will continue to cannibalize gold and that this story will play out dramatically over the next decade. The rate of technological adoption is growing exponentially. Software is eating the world and gold is on the menu.”
Raoul Pal, CEO of Real Vision and a former hedge fund manager, also recently stated that Bitcoin could hit $1,000,000 in this market cycle.
He believes that institutional investment in the cryptocurrency will drive this rally.
Pal recently stated that he has over 60% of his net worth in Bitcoin or Ethereum, citing his belief that the cryptocurrency market may be the best trade of his lifetime. He added that he would not be surprised to see his personal allocation to Bitcoin increase toward 80% or even higher in this market cycle.
According to a macro analysis by crypto-asset trader Josh Rager, Bitcoin is on the verge of an exponential uptrend.
The trader shared the chart below, noting that every time “Bitcoin has closed above the previous monthly all-time high,” a 700-1,000 percent uptrend followed suit.
Bitcoin will likely do this once again if November closes above $14,000. What could follow is a surge toward $100,000, or potentially even higher:
“Every time Bitcoin has closed above the previous monthly all-time high – a 700% to 1000% uptrend has followed.
November could be the first monthly close that we see breaking the previous high and historically that’s been a very bullish sign for the crypto market”
|Nov 11, 2020|
387: BITCOIN COULD SURGE 1,000% AND REACH $170K IF NOVEMBER BREAKS MONTHLY ATH CLOSE SAYS JOSH RAGER!
Bitcoin could surge by up to 10x and reach $170,000 if BTC closes November’s monthly candle at or above $13,880, based on historic performance, according to popular crypto analyst Josh Rager.
Bitcoin has been surging in value in the past month. The impressive performance led to several consecutive yearly records and reaching $16,000 last Friday – the highest BTC price displayed since early January 2018.
Although the cryptocurrency has retraced since its peak and currently trades at about $15,400, the analyst Josh Rager suggested that the asset could soon skyrocket even further.
Rager noted that “every time Bitcoin has closed above the previous monthly all-time high – a 700% to 1,000% uptrend has followed.”
The first similar scenario highlighted in his graph above occurred in 2013. BTC’s January monthly close was around $20, which coincided with the previous monthly high. Shortly after, the primary cryptocurrency spiked to about $150 – or a near 700% increase.
Somewhat identical events transpired on two more occasions in 2014 and during the parabolic price increase of 2017. The latter is also the current benchmark as BTC closed in December at about $13,880.
With Bitcoin’s price hovering above that level now, Rager believes that “November could be the first monthly close that we see breaking the previous high.”
Should his prediction materialize, Bitcoin will find itself in a six-digit price territory. The “modest” 700% increase will take BTC to $120,000, while the 1,000% surge will result in $170,000 per coin.
|Nov 10, 2020|
386: STOCK-TO-FLOW CREATOR HAS ‘NO DOUBT’ BITCOIN WILL HIT $100K-$288K ‘BEFORE’ DECEMBER 2021!
PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that the Bitcoin price is well on its way to hit $100,000.
The pseudonymous analyst expects the dominant cryptocurrency to achieve the $100,000 to $288,000 range by December 2021.
Bitcoin would have to increase by around 545% from the current price to surpass $100,000. At that price point, the market capitalization of BTC would near $2 trillion, or roughly the same as Apple, the world’s most valuable company.
“People ask if I still believe in my model. To be clear: I have no doubt whatsoever that bitcoin S2FX is correct and bitcoin will tap $100K-288K before Dec2021. In fact I have new data that confirms the supply shortage is real. IMO 2021 will be spectacular. Not financial advice!”
|Nov 09, 2020|
385: KRAKEN’S DAN HELD SAYS BITCOIN TARGETING $100K!! BTC WILL TAP $100K-$288K 'BEFORE' DECEMBER 2021!!
Dan Held from the crypto exchange Kraken, says Bitcoin is in a much stronger position now with the possibility of skyrocketing to $100,000 per BTC in 2021.
In an interview with crypto influencer Lark Davis, Held says that Bitcoin remains a risk-on asset as he anticipates the Biden administration to print more money at an unprecedented rate.
“If you look at options pricing in Biden, he’s being priced into the market and his impact is being priced in as a positive because he will spend more money. Money printer will go brrr, and the Democrats will likely go brrr at an even faster rate than Republicans and they’re both brrring at a rate we’ve never seen in US history…
Insane amounts of money. People are like ‘Bitcoin, at a $100,000? Oh man, that would be a $2 trillion market cap.’ I’m like ‘Yeah, we just printed that much last week alone.”
|Nov 08, 2020|
384: BITCOIN TO SURGE TO $400K IF BIDEN WINS EXPECT BTC ABOVE $28K BY INAUGURATION DAY SAYS MAX KEISER!
Bitcoin is set to reach $400,000 if Joe Biden wins the US presidential election, according to financial guru Max Keiser, RT host of the Keiser Report.
BTC is now set to surge far beyond its former all-time high, when it reached $20,000 in December 2017.
The popular crypto expert has predicted that Bitcoin will surge to $28,000 by the time of the inauguration day if Joe Biden is elected.
The US election and PLANdemic has caused major uncertainty in world markets with tech stocks and the US dollar falling in value.
Cryptocurrency guru Max Keiser shared the following tweets on Crypto Twitter:
“A Biden win* will lock China’s global supremacy, crash the USD, send BTC to $400,000 - as $100,000,000,000 in global managed funds start allocating into BTC to escape. Expect BTC well above $28k by Inauguration Day.”
“2016 Russian election influence categorically proven false 2020 Chinese election influence; by the time the hearings are over, will categorically be proven true. By which time, Bitcoin will be over $100,000. Are you ready?”
He also tweeted: "A Biden win will trigger a stampede into Bitcoin as the global wealthy attempt to escape."
|Nov 07, 2020|
383: MAX KEISER SAYS THIS BITCOIN RALLY WON’T PAUSE UNTIL $28K AS THERE’S VIRTUALLY NO RESISTANCE LEFT!
With the recent Bitcoin price surge from the lower $14,000’s to almost touching $16K in the past 24 hours, BTC pioneer Max Keiser, host of the Keiser Report went on an epic tweet storm sharing the following on Twitter:
“Order book shows no Bitcoin for sale up to $20,000. Any offers between $20-28,000 will get pulled. I’m looking at a possible pause at $28,000.”
“Bitcoin won’t pause until $28,000. Will update my forecast when it gets there, but I don’t see any pullbacks until $28,000”
“$16,000 is no resistance. None at $17,000 either. Virtually no resistance at all. Bitcoin has no top because fiat has no bottom.”
|Nov 06, 2020|
382: BLOOMBERG: BITCOIN PRICE ACTION REMINISCENT OF 2015 BEFORE HISTORIC 100X BTC BULL CYCLE BEGAN!
Bitcoin may be breaking free from its correlation with the stock market and gearing up for a parabolic 2021, according to a new Crypto report from Bloomberg.
The financial news outlet’s latest monthly outlook on crypto calls BTC a “caged bull” that could be on the cusp of a massive long-term breakout.
“Bitcoin may undergo a parabolic 2021, as it did in 2013 and 2017, if previous patterns play out again. New highs are a next potential iteration for the firstborn crypto and may be only a matter of time unless something we don’t foresee trips up the trend of greater adoption and demand vs. constrained supply.
Favorable macroeconomics, akin to those buoying gold, supports the digital store-of-value, notably vs. the oversupplied broader crypto market…
Bitcoin may be in early days of ending its constraining relationship with the Nasdaq 100 Stock Index, in our view. Technically, the Bitcoin-to-Nasdaq ratio near 1.2 on Oct. 27 has extended above 1.1 resistance that has held for about a year.”
According to the report, Bitcoin’s resistance at $10,000 may morph into resistance at $20,000 next year.
The report cites Bitcoin’s dwindling supply and ultimate cap of 21 million coins as a key driver placing the leading cryptocurrency on a positive trajectory.
It also names steady BTC buys from the institutional crypto asset manager Grayscale as a factor supporting Bitcoin’s price.
Bloomberg analyst Mike McGlone says Bitcoin’s 2020 price action is also reminiscent of 2015, ahead of a bull cycle that ultimately saw BTC rise by 100x.
|Nov 05, 2020|
381: BITCOIN IS 'STILL ON TRACK' TARGETING $288K STOCK-TO-FLOW PRICE LIKE CLOCKWORK!! $17K BTC NEXT?!
With Bitcoin closing the month of October at $13,816, this signals the highest monthly close for BTC since December of 2017.
October’s monthly close also signals the highest red dot close to date via the Stock-to-flow model, a clear indication that this controversial Bitcoin price prediction model is right on track ‘still’ targeting $288K by 2024.
Bitcoin briefly spiked above $14,000 again, this time perhaps on news from the US Presidential elections.
The altcoins have erased most of yesterday’s losses, and the market capitalization has added about $10 billion.
Bitcoin broke above the coveted $14,000 mark on Saturday for the first time since January 2018.
Since then, though, the asset has primarily struggled with maintaining its high price tag.
In fact, BTC even dipped below $13,300 on two occasions in the following days.
It started recovering yesterday when it jumped above $13,500 and stayed above it for most of the past 24 hours.
Just a few hours ago, the primary cryptocurrency headed higher once more.
With a few decisive candles, Bitcoin surged to $14,050 (on Bitstamp) before retracing to its current level – $13,800.
Interestingly, the price increase coincided with surfacing reports that the current US President Donald Trump has become the betting favorite to win the 2020 Presidential elections.
Nevertheless, popular TV host Max Keiser recently highlighted that despite who’s the US President following the elections, Bitcoin will emerge as the ultimate winner.
|Nov 04, 2020|
380: TEEKA TIWARI BITCOIN PRICE PREDICTION: BTC WILL HIT $70K "SOONER THAN PEOPLE REALIZE!"
Bitcoin just reached its highest point since 2018, and some analysts believe BTC will surge to new all-time highs in the near future.
Crypto investment analyst Teeka Tiwari predicts the Bitcoin will reach $60,000 or $70,000 “a lot sooner than most people realize.”
In a recent Zoom call with Chris Lowe of Legacy Research Group, Teeka specifically predicted bitcoin growing as high as $60,000 or $70,000 USD.
Although Teeka did not issue a timeline for his prediction, Teeka insisted we’ll see cryptocurrencies with “multitrillion-dollar market caps” within the near future – similar to how stocks like Amazon and Apple have multitrillion-dollar market caps today.
|Nov 03, 2020|
379: BITCOIN COULD SURGE TO $3M WITHIN FIVE YEARS, SAYS CRYPTO HEDGE FUND MANAGER! TRUMP OR BIDEN VS BTC?
Morgan Creek Digital Assets co-founder and partner Jason Williams says Bitcoin could meteorically rise nearly 17,900% in five years as BTC solidifies its position as a safe haven asset.
In a Norwegian Block Exchange interview, Williams offers his bull scenario for the world’s leading cryptocurrency.
“Bitcoin could hit $1 – $3 million dollars in the next five years. People have no idea what it will look like when large banks and countries start holding Bitcoin in their treasury.”
The crypto hedge fund manager highlights Bitcoin’s scarcity as a key characteristic that will attract more institutional players and continue to drive the value of the king cryptocurrency.
|Nov 02, 2020|
378: BITCOIN MAY HIT $1M AND TOP GOLDS MARKET CAP SAYS MACRO INVESTOR RAOUL PAL!
Influential investor Raoul Pal says the best trade he's ever found is Bitcoin, which he's described BTC as "a call option on the future" and "the world's most pristine reserve asset."
Pal has stated repeatedly that bitcoin's price could get to $1 million, becoming a $10 trillion asset class, and possibly surpassing the gold market.
In the last year, bitcoin's price has surged more than 42% to last trade near $13,137. In the last month, the digital currency has jumped more than 22%.
With a market cap of around $240 billion, bitcoin is approximately the size of a "large, mid-cap S&P [500 Index] stock," Pal pointed out. As it moves to $500 billion or $1 trillion, "suddenly it's a real asset class and sucks in more money." One of the drivers will be the "wall of institutional money" coming.
|Nov 01, 2020|
377: BITCOIN WILL HIT $250K BY 2022 MAY BE ‘TOO CONSERVATIVE’ SAYS BILLIONAIRE TIM DRAPER!!
Two years ago, venture capitalist and noted Bitcoin investor Tim Draper publicly stated that BTC will hit $250,000 by 2022.
Yet, as Bitcoin continues to gain interest from investors, Draper revealed to Cointelegraph during an interview that a $250,000 price prediction may have been conservative:
“I think it’ll certainly hit that. But a lot of people are thinking that $250,000 was a little too conservative."
Draper also discussed the impact of the COVID-19 pandemic on the blockchain space, noting that tokenization will play a major role in solving problems related to global shipping and real estate.
Additionally, Draper shared his thoughts on decentralized finance, or DeFi, saying he wants to “‘DeFi’ the venture capitalist business” moving forward.
|Oct 31, 2020|
376: HISTORICALLY BULLISH BITCOIN PRICE RECORD HISTORY SUGGEST $100K BTC IS NEXT! IRAN CENTRAL BANK FOMO!
If the Bitcoin price can stay above $10,000 by the day of the U.S. elections, history suggests that a $100,000 BTC is next.
Bitcoin has spent nearly 100 days above $10,000 - and if history repeats itself, further price gains could be astronomical.
As noted by various social media users this week, as of Oct. 30, Bitcoin was just five days away from trading above $10,000 for 100 days.
|Oct 30, 2020|
375: BITCOIN WILL SUCK IN EVERY ASSET, SPIT IT OUT AND SURPASS $1M IN 5 YEARS, SAYS MACRO GURU RAOUL PAL!
Raoul Pal, co-founder and CEO of Real Vision Group, says Bitcoin is a “supermassive black hole” that is eating gold, the NASDAQ, banks, bonds, and commodities.
Pal predicts BTC will reach $1 million within five years. The former Goldman Sachs hedge fund manager says Bitcoin is the best opportunity of his career.
“I get this sounds a little evangelical but I’m struggling to see it any other way right now.
The supermassive black hole is going to suck in everything. Again, this is there best trade/investment and future opportunity I have EVER found and it has the power to give the little guy a chance to grab their share of the wealth creation before Wall Street does. Grab it.”
Analysts think that the cryptocurrency is poised to rocket even higher in the weeks ahead.
The charts show that BTC is about to break above a pivotal horizontal resistance at $14,000, which should trigger a move toward $20,000 and beyond in the months ahead:
“There are literally only two resistances left on the bitcoin chart – 14,000 and then the old all-time high at 20,000. I fully expect new all-time highs by early next year at the latest.”
|Oct 29, 2020|
374: BITCOIN HAS AIR FROM $14K TO NEW ATH, I DON’T EXPECT ANY PULLBACK UNTIL $28K BTC SAYS MAX KEISER!
Max Keiser, Wall Street veteran and Bitcoin pioneer just tweeted the following regarding his short term BTC price prediction:
“As I’ve been pointing out... There’s nothing but air from $14,000 to new ATH. I don’t expect any kind of pullback until $28,000 and it may be short lived.”
This was in response to a tweet from Matt Kaye who shared:
"After $14,000 there are literally no coins on the books...Only 900 new BTC mined per day. That's ~$13MM of fresh daily sell side. These are the makings of a sell side liquidity crisis aka reflexive buying to the upside."
Bottom line, most cryptocurrency influencers across the board are all pretty much very bullish right now on king of all crypto.
For complete show notes and for the full premium experience with video, visit our YouTube channel at CryptoNewsAlerts.net
|Oct 28, 2020|
373: BITCOIN WILL AT LEAST 45X FROM HERE SKYROCKETING TO $585K SAYS BTC BILLIONAIRE TYLER WINKLEVOSS!
Bitcoin billionaire Tyler Winklevoss says the Bitcoin price will ‘at least’ 45x from here surging to $585,000 per BTC in his recent tweet on Crypto Twitter:
“JP Morgan analysts think Bitcoin could triple in value and challenge gold. While I think its at least like a 45x from here, not a 3x, at least we can agree that bitcoin is going up. It's hard to understand why anyone wouldn't own BTC by now.”
The Bitcoin bull was referencing the following Fortune article entitled:
"For years J.P. Morgan was skeptical of Bitcoin. Now the bank’s analysts say its value could triple, challenging gold"
A team of analysts at J.P. Morgan’s Global Markets Strategy group are touting Bitcoin’s emergence as an alternative to gold among millennials, suggesting a “doubling or tripling” in the price of the cryptocurrency if current trends continue.
The prediction, which came in a research note published on Friday, is remarkable given the bank’s onetime skepticism toward Bitcoin, which included CEO Jamie Dimon calling it a “fraud” in 2017 and saying he would fire anyone trading it for being “stupid.”
For complete show notes and for the full premium experience with video, visit our YouTube channel at CryptoNewsAlerts.net
|Oct 27, 2020|
372: CRYPTO ANALYST TONE VAYS SAYS 300% BITCOIN BREAKOUT TO $50K BTC LIKELY WITHIN SIX MONTHS!
Veteran crypto strategist Tone Vays says the big Bitcoin breakout has more gas left in the tank.
“I’m pretty damn bullish right now. I don’t know if that’s stupid or not but I’m pretty damn bullish. I haven’t been this bullish since early 2017.”
As for his long-term BTC forecast, the veteran trader believes that Bitcoin is poised to ignite a massive rally within the next six months.
“Let’s be reasonable here. Let’s say we have a 300% move. That takes us to $50,000.”
However, Vays believes Bitcoin will suffer a massive devaluation after going as high as $50,000 before recovering and climbing above $100,000.
“I can see a 50% crash, which would take us to about $20,000 to $25,000. Let’s say we go back to $20,000 – the prior swing high… And then from there, I could see, this would be fast, I could see a slow grind back up to $50,000.
From this $50,000 area or let’s from that $40,000 area, we go up another 300% to 400%. This is something that’s realistic to me. That takes us to say $150,000 from there. How long would that take? Before the next halving.”
For complete show notes and for the full premium experience with video, visit our YouTube channel at CryptoNewsAlerts.net
|Oct 26, 2020|
371: BITCOIN WILL PUSH GOLD OUT OF THE STORE OF VALUE PICTURE AROUND $100K PER BTC SAYS MAX KEISER!!
Max Keiser, the Wall Street veteran and host of The Keiser Report, shares his thoughts on the Bitcoin price surrounding the U.S. election in an exclusive interview with Cointelegraph.
"I’ve said many times that I think the transition that includes the MOE use case probably comes after Bitcoin starts to push Gold out of the SOV picture around $100,000 per BTC.
By the way, a warning to Gold Bugs bashing BTC. Look what happened to Peter Schiff. By not letting BTC change his thinking he sabotaged himself and appears to be in real trouble. This fate awaits all who mess with Bitcoin."
In June, you said that Peter Schiff would buy Bitcoin at $50,000. Is the price still the same?
"Yes. I predict that the combination of his business failing plus his legal fees will force him to finally succumb to reality and he’ll come to Bitcoin with his tail between his legs begging forgiveness and the timing will be around BTC $50,000."
|Oct 25, 2020|
370: BITCOIN RISE TO $500K IS INEVITABLE, REAL BTC ADOPTION ‘HASN’T EVEN STARTED’ SAYS WINKLEVOSS TWINS!!
Gemini crypto exchange founders Tyler and Cameron Winklevoss said that the Bitcoin price will eventually hit $500,000 per BTC during a recent interview with podcast host Peter McCormack.
“The question in our mind is not so much does it get to $500,000, but how quickly,” Tyler told McCormack during the Oct. 23 podcast episode.
His thesis takes the market cap of gold and theoretical central bank allocation into consideration. "I would sort of contend that $500,000 Bitcoin is actually pretty conservative and the game hasn't even really started," Cameron noted.
MicroStrategy and others buying significant amounts of Bitcoin for their treasury reserves seems to indicate that the market is beginning to shift.
“What if every Fortune 100 or 500 company does that, what if central banks start doing that?” Cameron queried. “It hasn’t even started,” he added, analogizing that Bitcoin is in the bottom of the first in a nine-inning baseball game.
“Wall Street is not here yet. Institutions aren’t in Bitcoin right now. It’s been a retail phenomenon for the last decade. So Wall Street talks about it, they’re aware of Bitcoin, but they’re not really in it from our perspective, but it’s starting to happen.”
|Oct 24, 2020|
369: MAX KEISER SAYS CURRENT BITCOIN HASHRATE TRENDS INFER A $50K BTC PRICE SET TO SKYROCKET UP TO 80X!!
Bitcoin pioneer Max Keiser, RT host of the Keiser Report recently tweeted the following bullish BTC price prediction:
“The Bitcoin price is lagging hashrate by a considerable margin. Current hashrate trends infer a $35,000 - $50,000 price.”
“People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while the BTC price skyrockets 40-80x”, says Max Keiser.
Keiser recently tweeted that “the (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.”
|Oct 23, 2020|
368: BITCOIN BILLIONAIRE EXPLAINS STRATEGY FOR ATTAINING FINANCIAL FREEDOM!! $1M BTC PRICE PREDICTION!!
Bitcoin billionaire and BTC bull, founder of venture capital fund Social Capital Chamath Palihapitiya is sharing his strategy for attaining financial freedom.
In a new interview with Shane Parrish of The Knowledge Project, Palihapitiya says building a network of people with shared values and a shared sense of identity and working toward a common goal, can provide a strong foundation that individuals can leverage to achieve financial freedom.
“To me, if we can give people a more reasonable roadmap where they can execute it, they can learn and they can have a community of other like-minded folks that can put in the time and work and help each other over five, ten, fifteen, twenty years to compound capital no matter how small, but just to start, I think you’d be surprised at how many people are intellectually capable of achieving financial freedom on their own. And in that, I think there is a path out of this kind of very depressing state that we’re in.”
|Oct 22, 2020|
367: THE AVERAGE BITCOIN TRANSACTION VALUE IS NOW WORTH $151K!! PAYPAL TO OFFER BTC AND CRYPTO PAYMENTS!!
The average value of Bitcoin transactions has increased dramatically since July this year.
The average BTC transaction value was sitting at approximately $25,000 per transaction four months ago, but posted a yearly high on Oct 20 at $151,000 per transfer - representing an increase of more than 500%.
The latest spike, as shown by crypto analytics platform BitInfoCharts' data, saw the average value of a transaction increase almost $50,000, up from $105,000, in the last 48 hours. This surge in transaction value comes shortly after Bitcoin’s trading dominance rose to levels not seen since 2017.
The $151,000 average value is 190 times more than Ethereum’s average transaction value of $793, suggesting a significantly greater institutional presence in the Bitcoin markets.
|Oct 21, 2020|
366: TOP CRYPTO ANALYST PINS DATE ON BITCOIN PRICE SURGE TO $30K!! BTC BULL MARKET EUPHORIA INCHES AWAY!!
DataDash founder and crypto analyst Nicholas Merten says he believes Bitcoin is now firmly in the early stages of a long-term bull cycle.
In a new video, Merten says that the BTC correction, which started in mid-August, is now over as Bitcoin has managed to stay above $10,000.
“I really think we’ve set in the relative bottom here, the higher low here, as we’ve been holding on this line of support and as we’ve clearly broken away from the line of resistance.”
With the local bottom in place, Merten now believes that Bitcoin will make its slow upward journey, during which the leading cryptocurrency will take its time to convert key resistances into supports.
According to Merten’s chart, Bitcoin is poised to print a new all-time high of at least $30,000 before the end of 2021.
“We’re going to break above our relative highs here from August. Come back up here. Retest $14,000. Get rejected. Make this range here support (roughly $12,000). This previous range of resistance, this is going to become new support.
We’re going to kick back up. Break above those June 2019 highs at $14,000. We’re going to come up here, test these slightly lower highs from the all-time high peak at around $17,000. Come down. Make $14,000 to $15,000 our new support.
Come up here towards around $20,000. Get rejected. Come down to $17,000 and then we’re going to slowly break above to $23,000, $22,000 and then start to make $20,000 support. Then after that, the sky’s the limit. The cycle has started.”
|Oct 20, 2020|
365: ANTHONY POMPLINAO SAYS BITCOIN TARGETING $225K BY END OF 2021!! BTC WILL SOAR 10-20X THIS BULL RUN!!
Bitcoin bull and Morgan Creek Digital Assets co-founder Anthony Pompliano is mapping out why he believes BTC could reach $225,000 in just over a year.
In his latest letter to investors, Pompliano unveils the macro factors that may serve as tailwinds for the next Bitcoin bull market.
“The Federal Reserve has cut interest rates to 0%. They plan to keep us in a zero-rate environment for the foreseeable future. Multiple stimulus packages in 2020 now total more than $3 trillion in QE. We have another $2 trillion on the way…
The combination of the Fed’s asset price manipulation and inflation fears has driven gold and Bitcoin to drastically outperform equities and other commodities.”
The Bitcoin advocate also highlights that Wall Street has “woken up to the Bitcoin trade,” which Pompliano says has increased demand for BTC.
|Oct 19, 2020|
364: MAX KEISER SAYS BITCOIN WILL SKYROCKET 40-80X WHILE WARREN BUFFETS WEALTH HYPERINFLATES TO NOTHING!!
People with zero Bitcoin exposure like Warren Buffett will see their wealth hyperinflate to nothing while the BTC price skyrockets 40-80x, says Max Keiser.
Popular TV host and long-time Bitcoin proponent Max Keiser believes that futures traders suppress the Bitcoin price at current levels.
However, once the asset explodes to Keiser’s intermediate target at $28,000, the BTC amount for sale will evaporate as governments and institutions will purchase directly from miners.
Keiser recently tweeted that “the (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.”
|Oct 18, 2020|
363: THE $250K BITCOIN BULL CASE BY ANTHONY POMPLIANO!! MAX KEISER PREDICTS $400K BTC PRICE!!
Bitcoin has every possibility to grow its market size by 15-20X within the next 15 months, according to BTC bull Anthony Pompliano of New York-based hedge fund Morgan Creek Digital.
“My base case is approximately 10x to $100,000 and the bull case is around $250,000 per bitcoin,” he predicted after assessing all the said catalysts.
The founder said in a note to investors that they should put 1-10 percent of their investable capital into Bitcoin.
Recalling his own portfolio’s 50 percent exposure in the cryptocurrency, Pomp cited a string of upside catalysts that would benefit anyone who invests-in/holds the 11-year old financial asset.
|Oct 17, 2020|
362: BITCOIN PRICE METRIC SUGGEST $15K SURGE AFTER U.S. ELECTIONS!! EXPECT MASSIVE BTC SHORTAGE!!
The Bitcoin price has support to climb all the way to $15,000 per BTC if historic trends repeat themselves this year, a new report says.
Compiled by crypto index fund provider Stack Funds on Oct. 15, the report highlights Bitcoin’s market cap vs. realized cap ratio (MVRV) fueling gains, which could smash $12,000 resistance.
The BTC price has yet to attempt a breakout of $12,000, seeing rejection at $11,700 this week.
This has failed to dent optimism among analysts, who believe that $11,000 will provide solid support.
Going forward, however, the period following the United States elections in early November may result in more upside.
For Stack Funds, this hinges on the MVRV ratio. This is currently at 1.8, with signs that a retest of 2.5 from 2019, when BTC/USD hit $13,800, is in play.
“The current MVRV ratio is at 1.8, and is purportedly well supported by the trendline where bitcoin bottomed back in late 2018. The trend is also painting a similar trajectory as it did back in the 2017 bull run, with a steady growth inclination that tested an identical support trendline multiple times,” the report states.
“Given the strength in support, we are expecting a significant break of 2.0 in the near term as it looks to retest the 2019 peak at 2.5, which will put Bitcoin price above the $15,000 level.”
|Oct 16, 2020|
361: BITCOIN WILL HIT $1 MILLION IN 5 YEARS!! THESE ALTCOINS COULD RISE 100-1000X THIS BTC BULL CYCLE!!
Raoul Pal, the former Goldman Sachs hedge-fund manager who founded Real Vision, said the Bitcoin price will hit $1 million in five years.
In an interview with Stansberry Research on October 7, he pinned the predicted the BTC price increase to a wave of institutional funds pouring an "enormous wall of money" into the asset.
Bitcoin's price has exploded about 40% year-to-date, and is currently worth $11,387.
It is also the largest digital currency by market capitalization, with a current value of about $200 billion, according to data published by Statista.
"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," he told host Daniela Cam-bone.
"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."
Pal, currently the co-founder and CEO of Global Macro Investor, said the global economy is moving from the "hope phase" to the "insolvency phase" as investors realize an economic recovery from the COVID-19 pandemic will take much longer than anticipated.
"The economy is not going to recover for a lot longer than we expect," he said. "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 called the insolvency phase."
"The only answer is more from the central banks, so that's why I started to buy more and more Bitcoin," he added.
|Oct 15, 2020|
360: BITCOIN COULD SURGE TO $55K AMID RISING INSTITUTIONAL ADOPTION!! BTC GLOBAL HASH WARS!!
An increasing amount of Bitcoin is being accumulated by institutions.
This much was made clear on Tuesday, when Stone Ridge Asset Management revealed to Forbes that it had picked up 10,000 BTC, representing one percent of its assets under management.
Investors think that further institutional adoption of the cryptocurrency could result in the Bitcoin price going parabolic.
Bill Barhydt, CEO of Abra and a former employee of the CIA and Goldman Sachs, recently said that if only 5% of the liquid assets that the top nine firms in the S&P 500 own were to enter Bitcoin, it would surge:
“9 companies alone in the S&P 500 are sitting on close to $600 billion in cash and short term investments. 5% of that moving into Bitcoin (or $30 billion) would likely 5x the price of Bitcoin given the lack of sellers. (3/6).”
|Oct 14, 2020|
359: CRYPTO ANALYST SAYS BITCOIN WILL SURPASS $280K - HERE’S WHEN!! $17K BTC IS NEXT REAL POSSIBILITY!!
A crypto strategist who sent an early warning about the Bitcoin (BTC) big correction last year is back with another bold prediction.
Dave the Wave is highlighting a new outlook from entrepreneur and Bitcoin investor Bob Loukas, who expects BTC to crater at the end of the current bull cycle.
Dave predicts that after the current bull market, Bitcoin will go through a “solid correction” for a few years before restarting a new boom cycle that will catapult the leading cryptocurrency above $280,000 at the end of 2027.
BTC investor Bob Loukas tweeted: “
To date, cryptofinance remains a laughed at and obscure market on the fringe of finance. Near the top of the next great Crypto bubble, market cap and penetration will hit ‘warning levels’ that concern the financial establishment.
In response, I believe you’re going to see coordinated full attack that will send crypto into savage + prolonged bear market. (Time+Price) Of course, it will adapt. Engineers will dig deeper. And in many ways, that act will serve as its right of passage.”
In the short term, however, Dave is telling is 38,000 followers that the month-long Bitcoin correction may be coming to an end as technical indicators flash bullish signals.
“Third time lucky?”
|Oct 13, 2020|
358: ENORMOUS INSTITUTIONAL WALL OF MONEY WILL PUSH BITCOIN (BTC) TO $1 MILLION , SAYS MACRO STRATEGIST!
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.”
|Oct 12, 2020|
357: BITCOIN IS AN ‘INSURANCE POLICY’ AGAINST THE FED SO EXPECT A $1M BTC PRICE WARNS CRYPTO BILLIONAIRE
Former Facebook executive-turned Bitcoin billionaire venture capitalist, Chamath Palihapitiya, has warned neither Biden nor Trump will help U.S. dollar - but holding BTC is an "insurance policy" that helps him to "sleep soundly at night."
"The reality is that [the Federal Reserve and the U.S. Treasury] have printed so much money that the likelihood is that we’re going to continue to see asset price inflation independent of who’s in the White House," Palihapitiya told CNBC’s Squawk Box this week, adding he holds bitcoin just "in case the central banks and governments of the world step on a landmine."
Chamath, who purchased 1,000,000 Bitcoin back in 2013 at about $80 per BTC says he expects the Bitcoin price to climb as high as $1 million per coin over the next 20 years.
|Oct 11, 2020|
356: ANCIENT MATH PREDICTS BITCOIN NEXT TOP AT $270K!! GLOBAL FIAT FALURE WILL PUSH BTC ACCUMULATION!!
As Bitcoin takes out $11,000 and potentially aims higher, renewed talk of the BTC asset and its next potential peak has returned to the market.
Analysts do their best to do more than just speculate, backing up theories with fundamental statistics or technical signals to predict future prices.
But could it all be based on mathematics that’s been around for centuries? And if so, could Bitcoin’s next peak be at $270K?
Bitcoin price and what it will be some day is a regularly contested subject. Pundits pronounce the asset dead and claim it's ready to go to zero.
Others, even the likes of billionaire venture capitalist Tim Draper believe it’ll be worth in the hundreds of thousands.
If Bitcoin follows the same exact trajectory as the last bull market, it is on track for a top at around $325K, top crypto experts have claimed.
|Oct 10, 2020|
355: $250,000 BITCOIN BY EARLY 2023 SAYS BTC BULL TIM DRAPER!! THE CRAZIEST CHART IN CRYPTO IS BULLISH!!
Bitcoin and crypto are poised to speed up globalization and the decentralization of industries, making them immune to questionable government economic policies, according to tech venture capitalist and BTC bull Tim Draper.
Back in 2018, the tech billionaire made a bold public call that the Bitcoin price would reach $250,000 by the end of 2022 or early 2023.
This year he doubled down on his bullish BTC prediction jokingly stating, "If Bitcoin does not hit $250,000 by early 2023, I’ll eat a raw egg."
“That's my prediction. Sticking with it. I'm very confident that that is going to happen. That’s happening. It's kind of funny.”
|Oct 09, 2020|
354: BILLIONAIRE SAYS FINANCIAL CHAOS WILL DRIVE BITCOIN TO NEW HEIGHTS!! $1M BTC PRICE PREDICTION!!
Venture capitalist and Bitcoin billionaire Chamath Palihapitiya says BTC will drive financial accessibility to billions of people – if the global financial system crumbles.
The Social Capital CEO and former Facebook executive is one of the largest known Bitcoin HODL'ers that holds 1,000,000 Bitcoins.
In a new interview on CNBC’s Squawk Box with Joe Kernen, Palihapitiya explains what he believes it will take for Bitcoin’s price and adoption to reach meteoric heights.
“The last few million coins of Bitcoin are obviously going to cost more energy than the first 18 million. But in the grand scheme of things, again, this is something in Bitcoin parlance people say ‘Hodl’. You buy it, you hold it, you put it away.”
|Oct 08, 2020|
353: BLOCKSTREAM CEO ADAM BACK PREDICTS $50K BITCOIN PRICE BY 2022 OR SOONER!! $300K BTC WITHIN 5 YEARS!!
Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative,” and those levels should hit in less than two years.
That was according to Blockstream CEO Adam Back, who delivered a fresh bullish Bitcoin price outlook on Monday.
Back was responding to a report by Yassine Elmandjra, a crypto-asset analyst at investment advisor Ark, who in September forecast a BTC market cap of $1 trillion to $5 trillion by 2030 at the latest.
Ark is well known for its enthusiastic price forecasts for Tesla stock, which saw an almost unbelievable rise in 2020.
“Conservative. I'd say bitcoin likely sees $1 trillion market cap within 2 years, probably sooner. $1 trillion is about BTC $50k,” he said.
As of October, Bitcoin’s market cap is just over $198 billion. For Back’s prognosis to come true, the market would need to see a 400% increase by 2022.
|Oct 07, 2020|
352: BLOOMBERG: BITCOIN AIMING FOR $100K AMID RISING DEMAND!! ADAM BACK PREDICTS $50K BTC PRICE BY 2022!!
Bloomberg Intelligence commodity strategist Mike McGlone says the Bitcoin price could be en route to $100,000, but BTC investors will have to wait.
In a new edition of the Bloomberg Crypto Outlook, McGlone says that Bitcoin is on track to breach key resistance at $14,000 as indicators show that investors are flocking into the number one cryptocurrency.
“Our chart depicts the market cap of the Grayscale Bitcoin Trust (GBTC) approaching Bitcoin equivalent holdings of 500,000. A year ago, this direct indicator of investor demand held less than half that amount. Inflows in GBTC, the largest exchange traded product, absorbed about 70% of new Bitcoin supply in 3Q, we calculate.
Also featured in our graphic is the 30-day average of Bitcoin active addresses from Coinmetrics. This strong price companion points to the crypto closer to $15,000 vs. about $10,500 on Oct. 2. Addresses plunged with prices in 2018 and were a leading indicator of the Bitcoin recovery in 2019.”
McGlone also highlights Bitcoin’s unique property in that price does not influence supply, which leaves adoption as the number one metric to measure value.
According to McGlone, Bitcoin’s valuation will rise on the back of rising adoption rates, and BTC’s historical price history suggests $100,000 could happen by 2025.
“Still in hangover mode from the 2017 rally, we don’t know what specific catalyst might launch Bitcoin to new highs, but demand vs. supply metrics remain price-positive. If the crypto echoes its past gains, with some maturation, about double the time period it took to add a zero to $1,000 could get its price to $100,000 in 2025.”
|Oct 06, 2020|
351: INVESTMENT FIRM PREDICTS BITCOIN $5 TRILLION MARKET!! XRP WILL RISE 12,900% IN NEXT BTC BULL CYCLE!!
An investment firm that predicted Tesla’s meteoric ascent is extremely bullish on Bitcoin and says the BTC market cap could go as high as $5 trillion.
Also in today's show, Credible Crypto predicts the Ripple XRP price will rise 12,900% in the next Bitcoin bull cycle.
In a comprehensive report, New York-based thematic investment firm ARK Invest sees massive growth potential for Bitcoin over the next few years despite its already impressive run that has defied expectations.
“Our analysis suggests Bitcoin is early on its path to monetization, with substantial appreciation potential. In our view, Bitcoin’s $200 billion market capitalization – or network value – will scale more than an order of magnitude to the trillions during the next decade.”
Specifically, ARK Invest points out that the adoption of Bitcoin as a global settlement network, as a protection against asset seizure, as digital gold, or as a catalyst for demonetization in emerging markets has the potential to fuel the growth of the crypto asset’s market cap.
|Oct 05, 2020|
350: INFLUENTIAL CRYPTO ANALYST SAYS BITCOIN (BTC) COULD REACH $5 MILLION!! ETHEREUM 2.0 UPDATES!!
A well-known Bitcoin influencer and analyst just gave one of the most bullish Bitcoin price predictions on record, saying the top cryptocurrency could skyrocket to $5 million per BTC.
The pseudonymous analyst, known in the industry as Carl the Moon, has a collective following of 170,000 on Twitter and YouTube.
In a new interview with Coin Post, he says the bold Bitcoin prediction depends on the future of fiat currency.
“If you look at the currency supply of the world, it is currently valued at $100 trillion. If Bitcoin takes over this whole pool of liquidity, this fiat money pool, then this means that Bitcoin could potentially take over this market cap and that would put Bitcoin at approximately $5 million per Bitcoin.”
Carl says he believes the current global economic landscape is favorable for the number one cryptocurrency.
“I think it’s obvious that Bitcoin is eventually going to break $20,000. We’re seeing central banks printing currency like never before. And what we’re seeing is [an] historical amount of currency printing, this is the exact scenario that Bitcoin was created for. Fundamentally, Bitcoin is looking extremely bullish, much more bullish than on a technical level.”
While the pseudonymous analyst is bullish on Bitcoin, he says that most traders will likely lose money trying to time BTC’s price action.
“I think that people that hold Bitcoin will be the biggest winners in the world because Bitcoin has been the best performing asset of the previous decade. It will continue to be the best performing asset of this decade in my opinion.
Traders can make more money than holders if they actively trade and if they know what they’re doing. But people that are not experienced tend to lose money when trading. Approximately, 80 to 90% of people that trade actually lose money over time.”
|Oct 04, 2020|
349: BITCOIN HITTING 6-DIGITS IS INEVITABLE SAYS BTC BELIEVERS! BITMEX CHARGES COULD BE BAD NEWS FOR DEFI!
For a number of years now Bitcoiners have predicted that the Bitcoin price will surpass its all-time high of $20K per BTC from 2017, and many believe it will rise to the $100k or six-digit price range.
This week cryptocurrency enthusiasts discussed the possibility of the crypto asset reaching $100k at great length.
In mid-December 2017, the price of bitcoin (BTC) touched an all-time high (ATH) of $19,600 per coin.
Today, BTC is 45.81% lower than the 2017 ATH but a number of Bitcoiners believe that the crypto asset will surpass that price range.
For instance, at the 2020 Virtual Blockchain Week event, the well known venture capitalist Tim Draper said he believes the price of BTC will touch $250k by 2022 or early 2023.
Mark Yusko the CEO of Morgan Creek said he thinks BTC will reach $100k.
Other influencers who believe $100k per BTC is attainable include Blockfyre’s Simon Dedic, Cardano’s Charles Hoskinson, and Morgan Creek’s Anthony (Pomp) Pompliano.
This week a great number of average folks leveraging the Reddit forum also discussed the possibility of BTC reaching $100k.
The Reddit post called “How many people here think 100k is happening at any point?” was a topical discussion on Sunday and hundreds of people commented.
A deep scan into the thread shows that a great majority of bitcoiners think that $100k is destined to happen. Although, there were a fraction of individuals who did not think BTC could reach the six-digit zone.
|Oct 02, 2020|
348: SERIOUS WARNING ISSUED OVER $300K BITCOIN PRICE MODEL!! BTC SHATTERS 1 MILLION ACTIVE ADDRESSES!!
Bitcoin is on track to be one of the year's best performing assets, despite a recent retraction - but that's not stopped BTC bulls from fighting on Twitter.
The Bitcoin price has climbed through much of 2020, adding some 40%, with the bullish stock-to-flow model - that predicts a massive $288,000 BTC price before 2024 - working "like clockwork," according to its anonymous creator.
However, a number of high-profile bitcoin analysts and entrepreneurs have clashed over the stock-to-flow model this last week, with the anonymous PlanB accusing his critics of trying to unmask him and his model derided as "absolutely useless."
"The [stock-to-flow] model is based on the most fundamental errors which render it absolutely useless," warned Alex Kruger, an economist and cryptocurrency analyst, speaking over the phone.
The stock-to-flow pricing model, created by anonymous Twitter user PlanB, who claims to be a Dutch institutional investor with a legal and quantitative finance background that manages around $100 billion in assets and tweets from the handle @100trillionUSD, calculates a ratio based on the existing supply of an asset against how much is entering circulation.
Kruger, along with many other analysts in recent months, has warned the model is based on faulty comparisons and a "spurious relationship" between price and scarcity.
"The whole model rests on the wrong assumption that there is cointegration between price and scarcity," Kruger said, who explained that without cointegration it's "nonsensical to think that bitcoin stock-to-flow, a number that goes up programmatically, and everybody knows what it will be at any point in time, can be used to predict price."
|Oct 01, 2020|
347: THIS METRIC SHOWS BITCOIN TARGETING $540K SAYS CRYPTO TRADER WHO PREDICTED 2019’s BTC MELTDOWN!
The pseudonymous Bitcoin trader who made the accurate call that BTC will fall by over 40% last year is back with another Bitcoin price prediction.
This time, he says Bitcoin may be on a long-term path to $540,000.
Dave the Wave relies on a chart shared by on-chain market analyst Willy Woo to illustrate that Bitcoin (BTC) is still in the earliest stage of the adoption life cycle.
“If the current market represents 2.5%, then that would put price at 500K with 100% adoption/ full capitalization. This is the S curve.”
According to Dave, Bitcoin’s growth in terms of market share is just getting started as those buying the number one cryptocurrency over the last 11 years are considered innovators which make up 2.5% of the total addressable market.
Using the S-curve, Dave predicts that Bitcoin’s value will skyrocket to $540,000 as it captures a bigger percentage of the market share in the next decade or so.
While Dave sees the possibility of Bitcoin meteorically rising 4,900% from its current value of $10,800 as extrapolated from the S-curve, the crypto strategist remains a skeptic of the stock-to-flow model (S2F) as he doesn’t expect Bitcoin to hit $100,000 by December 2021.
|Sep 30, 2020|
346: BITCOIN SET TO ERUPT TO $100,000 IN LUDICROUS BTC BULL RUN NEXT YEAR PREDICTS CRYPTO FUND GIANT!
Dan Morehead, founder of Pantera Capital, says the Bitcoin price has a pretty good shot at hitting $100,000 per BTC by the end of next year.
Along with Micheal Sonnenshein of Grayscale Investments, together they share their bullish forecasts on the Bitcoin (BTC) price trajectory.
On a new episode of the Money Movement podcast, Morehead says he and his firm remain bullish on the godfather of cryptocurrency.
He believes BTC is gearing up for another bull run that would be deemed “ludicrous” by traditional standards.
"[Bitcoin’s] got a nine-year 209% compound annual growth rate and we think it will continue, and it’s just that simple. It has some bubbles, it has some down trades, but if it got back on that trend it would be at $100,000 at the end of next year.
In the normal markets, saying something goes up 10x is ludicrous and you’d be ridiculed but, it happens every three or four years and all the factors are coming together. So I think it is a pretty good shot that hits $100,000 at the end of next year.”
Sonnenshein says people shouldn't be putting money into Bitcoin unless they can afford to lose it. He cites a recent report from Grayscale that compares BTC’s current market structure to 2016 before the coin began a historic 4,400% rally.
|Sep 29, 2020|
345: BITCOIN CAN GO TO $115,000, SOARING 995% BY NEXT AUGUST!! ONLY 2.5 MILLION BTC LEFT TO MINE!!
Bold Profits Daily guru, Ian Dyer, doesn’t think the Bitcoin price will just hit $100,000, he thinks is will soar past it!
Ian believes the BTC price can go to $115,000 by next August.
That means Bitcoin could soar 995% in less than a year.
Talk about a fast, HUGE return!
The bullish Bitcoin prediction is right in alignment with the infamous Stock-to-Flow model which suggest a $100,000 BTC price by August, 2021.
“We’re telling you how you can benefit from the rise of Bitcoin as it disrupts the global financial system. Our prediction stands: The Dow and Bitcoin will hit 100K in America 2.0.”
THE 995% RETURN YOU DON’T WANT TO MISS!
“You know we’re extremely bullish, optimistic and positive on Bitcoin. The reasons it could surge in just a short time stem from Paul’s GoingUpness strategy."
"Since March, the number of Bitcoin stored on a crypto exchange is decreasing, which adds to Bitcoin’s ScarceAbility: At the same time, the Bitcoin price has risen more than 150% from its March low. Plus, demand for BTC has continued to increase."
"Last month the first publicly-traded company announced that it used $400 million of its cash to purchase about 38,000 bitcoins. This is incredibly bullish. Corporations are starting to see its value which is another sign of demand.”
|Sep 28, 2020|
344: BITCOIN GAINED 1,500% WHEN THIS SIGNAL FLASHED IN 2017!! BTC HAS 60X MARKET EXPANSION POTENTIAL!!
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.
“If 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.”
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.
|Sep 27, 2020|
343: BITCOIN COULD GO TO $1 MILLION, EVERYBODY SHOULD OWN SOME BTC SAYS VIRGIN GALACTIC BILLIONAIRE!!
Virgin Galactic Chairman Chamath Palihapitiya, the investing legend who bought 1,000,000 Bitcoin in 2013 for just $80 per BTC reveals his strategy for catching the next big trade, predicting that the Bitcoin price could reach a million dollars.
He further suggested that everybody should have 1% of their assets in BTC since it is “a fantastic hedge.”
“In 2013, I bought a lot and at one point I think I had almost 5% of all the bitcoins. My basis is about 80 bucks a coin. I’ve never bought more.”
“Most of my bitcoin now sits with a company and they use it for trading purposes. They use it to run a bunch of other strategies,” he added. “I did that mostly for safety and security and peace of mind. I didn’t want to deal with it. I wanted to own equity in the business. That equity can be hedged.
That equity can be tax structured advantageously, and then it allows them to run a big business which generates cash, and I can get a cash and dividend stream.” He proceeded to confirm, “so I have not bought since I initially basically wrote that article for Bloomberg in 2013.”
|Sep 26, 2020|
342: BITCOIN IS UNDERVALUED, FAIR VALUE SHOULD BE $15K SAYS BLOOMBERG!! BTC COULD HIT NEW YEARLY HIGH!!
Bloomberg cryptocurrency analyst Mike McGlone says the Bitcoin price is greatly undervalued, suggesting that the fair BTC value price should currently be somewhere around $15,000.
The BTC price has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what one pundit described as “fake” breakouts.
The latest rout saw Bitcoin crash more than 8% within days from over $11,000 to $10,100.
McGlone, a senior commodity strategist at Bloomberg, based his arguments on various factors, including bitcoin’s rising hashrate, which continues to hit new records, industry media report.
The Bitcoin hashrate continues to increase and recently reached new highs. Also advancing are addresses used.
A top metric for adoption, the 30-day average of Bitcoin addresses is equivalent to the price closer to $15,000 when measured on an autoscale basis since 2017.
|Sep 25, 2020|
341: BITCOIN PRICE COULD TARGET $200K THIS CYCLE!! BTC BULL TIM DRAPER REVEALS HIS ALTCOIN PORTFOLIO!!
Bitcoin (BTC) may soar as high as $200,000 in this current boom cycle says prominent crypto analyst and DataDash founder Nicholas Merten.
In a recent installment of DataDash, Merten notes that the market cap for both DeFi and cryptocurrencies is relatively tiny compared to the rest of the global markets, with still tons of room to expand.
“[The cryptocurrency market cap is] $346 billion. Not that much. The global real estate markets are hundreds of trillions of dollars. If you’re talking about treasury markets, US government bonds are tens of trillions of dollars, global bonds for governments are over a hundred trillion dollars, equities markets are over a hundred trillion dollars. You get the gist.”
|Sep 24, 2020|
340: BITCOIN (BTC) BULL SAYS THIS NEW TREND WILL IGNITE A MASSIVE 10,000% PRICE SURGE IN CRYPTO ASSETS!!
Bitcoin (BTC) bull and crypto influencer Lark Davis is unveiling the next big thing in crypto that he believes has the potential to ignite a massive surge of 100x or about 10,000%.
Davis says the crypto market will continue to offer new and profitable opportunities as it evolves and expands beyond the red-hot decentralized finance (DeFi) sector.
“So NFTs (non-fungible tokens) is one such area that is getting a lot of attention right now and could be a big growth area, and it’s certainly an area that we, as investors, maybe want to be paying attention to.”
According to the crypto researcher, NFTs are unique tokens that represent ownership in a particular asset.
“A fungible item is one that can be exchanged for any similar item. For example, a dollar bill is fungible because it can be exchanged for any other dollar and maintain the same value.
However, something like a ticket is non-fungible because even though we could, for example, trade our ticket for someone else’s ticket, well it’s not going to be exactly the same, is it? Maybe that other ticket’s for a different film, or it’s the same film but at a different time…
It’s not equal, is the point. Each ticket gives you access to a unique set of experience…
If we move this idea into the blockchain setting, an NFT is thus a one-of-a-kind token, a certificate of digital authenticity verifiable on chain.”
|Sep 23, 2020|
339: COMPREHENSIVE ANALYSIS PREDICTS $398K BITCOIN PRICE!! BTC IS A BETTER GOLD THAN GOLD ITSELF!!
A new, comprehensive analysis has predicted the Bitcoin price to reach almost $20K this year and will keep rising to almost $400K per BTC by 2030.
The researchers have also predicted the future prices of several other major cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and Stellar Lumens (XLM).
After examining “all the variables and addressable markets,” the CRR researchers arrived at future price estimates for BTC, ETH, LTC, BCH, and XLM. They expect the price of bitcoin to rise to $19,044 in 2020, $341,000 in 2025, and $397,727 in 2030.
Ethereum’s price is expected to reach $331, $3,549, and $3,644 respectively while bitcoin cash’s price should climb to $414, $6,690, and $13,016 during the same time periods.
The target addressable market for all cryptocurrencies today is approximately $212 trillion, the report notes.
It includes unit of account and medium of exchange, consumer loans, offshore accounts, reserve currency, store of value, online transactions, remittance, micropayments, unbanked, gaming, crypto trading, ICO funding, and STO funding.
The largest use case for cryptocurrencies is as a medium of exchange, the CRR research team found, elaborating:
We believe that bitcoin is still at the very start of its adoption curve. The price of $7,200 at the end of 2019 suggests that bitcoin has penetrated less than 0.44% of its total addressable markets. If this penetration manages to reach 10%, its non-discounted utility price should reach nearly $400,000.
|Sep 22, 2020|
338: BITCOIN WILL SKYROCKET TO $100K BTC PRICE ‘BEFORE THIS DATE’ SAYS EERILY ACCURATE CRYPTO STRATEGIST
"The Bitcoin price will skyrocket to $100,000 before 2023 comes to a close", says the pseudonymous Crypto strategist who accurately forecasted the BTC price collapse from $11,600 to $6,400 in 2019.
Trader Dave the Wave is now marking the moment when he believes Bitcoin (BTC) will break out and begin its ascent to $100,000.
Dave tells his 37,000 Twitter followers that Bitcoin is slowly grinding up in an effort to take out its all-time high around $20,000.
“And the standard use of a technical pattern, known as the breakout of an ascending triangle, gives a target of 100K.”
|Sep 21, 2020|
337: BITCOIN MAY SURGE UP TO $250K BEFORE MACRO AUTHORITIES CARE!! BTC TO HIT $250K BY 2022: TIM DRAPER
The Bitcoin price will hit $250,000 by 2022 according to legendary billionaire venture capitalist Tim Draper who was the first to go on the record with his quarter million dollar BTC price prediction.
There have been many fears over recent years that central banks and other authorities will target Bitcoin as they may see it as a threat to traditional financial infrastructure.
According to Dan Tapiero, though, these fears are unfounded for the time being.
Dan Tapiero is the co-founder of DTAP Capital, Gold Bullion Int., amongst other firms. He has been closely following Bitcoin for a while now, being one of the first macro voices to enter the space.
He recently commented that until Bitcoin hits $250,000, or a market capitalization of around $5 trillion, it may not have relevance on a macro scale:
“$200 billion too small to matter for macro authorities. Gold is $12 trillion and no one really cares. Bitcoin has clearance up to at least 250k. 25x before big boy global macro authorities start caring that it exists.”
|Sep 20, 2020|
336: $33K BITCOIN PRICE TARGET ‘BEFORE’ GOING PARABOLIC!! RICH DAD AUTHOR ROBERT KIYOSAKI BULLISH ON BTC!!
Popular Cryptocurrency analyst CryptoBull says the Bitcoin price is heading to $33K by July ‘BEFORE’ the BTC price goes parabolic.
He shared the following bullish Bitcoin price prediction on Crypto Twitter to his 156.5K followers…
“Alright... let's stay realistic here… $33k by july... and then we go parabolic”
The keyword here being ‘REALISTIC’ which you have to respect.
Another popular Crypto analyst ‘Lark Davis’ tweeted the following:
“Quick reminder that the price of Bitcoin went from $11,000 to $20,000 in 14 days back in 2017. This market is a powder keg!”
|Sep 19, 2020|
335: BITCOIN (BTC) SCALES JUST FINE AS STORE OF VALUE!! MICROSTRATEGY DECLARES WAR ON THE FED: MAX KEISER
Bitcoin Bull Max Keiser Believes Shareholders Will Demand Corporations to Grab BTC Following Microstrategy's $425M Acquisition.
Keiser stated that now shareholders of other big companies and corporations are going to demand to convert their cash reserves into Bitcoin as Tahini's pro-Bitcoin restaurant chain has already begun to do.
The Nasdaq-traded business software producer Microstrategy amazed the crypto community by placing more if its cash into Bitcoin.
Back then, its CEO Michael Saylor tweeted that the company had acquired 16,796 Bitcoin for $175,000,000.
That was the second purchase of BTC by this company. The first acquisition took place on Aug. 11, when Microstrategy acquired 21,454 BTC for a whopping $250,000,000, making headlines in crypto and mainstream media.
Bitcoin proponent Max Keiser tweeted that now shareholders will demand that corporations start acquiring Bitcoin with their spare cash.
"$MSTR declares war on the Fed, Who will join them? *Every* CFO/CEO, per statues of corporate governance, is now obligated to examine their own “melting ice cube” Shareholders will now *DEMAND* they deploy idle cash to Bitcoin. Michael Saylor is a board room revolutionary”
|Sep 18, 2020|
334: BITCOIN (BTC) WILL REACH $100K BY 2021, MARK MY WORDS SAYS ANALYST! KRAKEN LAUNCHING 1ST CRYPTO BANK
Crypto analyst Elja Boom, the CEO of Ajoobz tweeted on Crypto Twitter to his 66.3K followers:
“Bitcoin will reach $100,000 by 2021. Mark my words.”
Lark Davis, another cryptocurrency influencer who is very bullish on BTC recently tweeted to his 57.7K followers:
“Quick reminder that the price of Bitcoin went from $11,000 to $20,000 in 14 days back in 2017. This market is a powder keg!”
Lark received the following skeptical response to his bullish tweet, “Yes but retail was the main driver, there is no surge in retail interest right now, see google trends.”
The Crypto Lark then replied, “Yes, true, but also companies were not buying $175 million worth of BTC at a time which is the equivalent of 350,000 retail investors buying 500 bucks worth of bitcoin each.”
He’s referring to Microstrategy’s recent massive Bitcoin acquisition “On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses.”
|Sep 17, 2020|
333: PANTERA PLACES BITCOIN PRICE TARGET AT $115K THIS CYCLE!! MICROSTRATEGY RAISES BTC HOLDINGS TO $425M
Pantera: Bitcoin in Early Stages of Large Bull Market Fueled by Powerful Macro Tide – Here’s How High THE BTC PRICE Could Go
This Cycle Executives at the crypto-focused venture firm Pantera Capital think future inflation will drive up the prices of Bitcoin and other crypto assets.
|Sep 16, 2020|
332: BITCOIN OPTIONS TRADERS BET THE BTC PRICE CAN TOUCH $36K BY DECEMBER!! $400K TO COMPETE WITH GOLD!!
This past weekend, data shows the most active Bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end.
This means a number of options traders are betting the BTC price will exceed the all-time high (ATH) the decentralized currency touched in December 2017.
On September 14, researchers from the data analytics firm Skew tweeted about an unusual number of call options for December 2020 that are well above the 2017 ATH.
|Sep 15, 2020|
331: MACRO STRATEGIST RAOUL PAL SHARES POTENTIAL $1M BITCOIN (BTC) TARGET!! DEFI ASSET YFI RECLAIMS $40K!
Global Macro Investor founder and chief executive Raoul Pal is betting big on Bitcoin.
Pal is offering an update on his BTC portfolio and declares more than half is now dedicated exclusively to Bitcoin.
In May, Pal said Bitcoin appears to be entering one of the best technical setups of all time and could be on a long-term trajectory to $1 million.
“Bitcoin Porn and The Perfect Set Up… BTC Chart 1 - The Perfect Wedge. If you use classic charting techniques, it gives you a price target of around $40,000...but
Chart 2 - The Perfect Wedge on a Log Chart Well, that gives you a price object for this run potentially (key word - potentially) of $1m."
|Sep 14, 2020|
330: CRYPTO ANALYST CONFIRMS $288K BITCOIN (BTC) PRICE ON TRACK!! THESE 5 DEFI ASSETS HAVE 100X POTENTIAL
Crypto Analyst ‘Big Crypto Dave’ plotted his latest Bitcoin prediction chart which shows the BTC price right in alignment with PlanB’s $288,000 Stock-to-Flow model.
“Some might deem my support for the S2F chart as merely confirmation bias. They must not know of my education in macroeconomics and modern money mechanics. Every time I plot a bitcoin chart based on hardware & trend, it's close to his 288k prediction.”
|Sep 13, 2020|
329: STOCK-TO-FLOW MODEL SHOWS $100K BITCOIN PRICE IN 2021!! BTC COULD SHATTER $864K BY 2024 SAYS PLANB!!
At a $100,000 Bitcoin price, the BTC market cap will be worth as much as Apple.
Seems like that's the least we can do in this halving cycle according to a popular Crypto analyst. The Bitcoin stock-to-flow model predicts a $100,000 BTC price for the first time on August 16th, 2021.
PlanB says Bitcoin could eclipse the prediction of his controversial stock-to-flow model (S2F) and meteorically rise to $864,000 in four years.
|Sep 12, 2020|
328: TWITTER CEO: BITCOIN IS STILL THE MOST VIABLE INTERNET-NATIVE CURRENCY!! BTC PRICE PREDICTION!!
The world of Bitcoin and Cryptocurrency moves at a whirlwind pace but the Twitter / Square CEO Jack Dorsey remains committed to BTC.
In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes Bitcoin’s potential still outshines later developments:
“I think the internet warrants a [...] native currency and [...] Bitcoin is probably the best manifestation of that thus far. I can’t see that changing given all the people who want the same thing and build it for that potential.”
|Sep 11, 2020|
327: BITCOIN HAS BEEN A MONSTER FROM $1 AND NOW HEADING TO $400K SAYS MAX KEISER! BTC APOCALYPSE SURVIVAL
"Bitcoin has been a monster from $1 to $11,000 and is now heading to $400,000", says BTC pioneer Max Keiser, RT host of the Keiser Report.
When asked about a timeline for his bullish $400K Bitcoin price prediction, Max responded, “It all depends upon how fast the dollar collapses, BTC has no top.”
Max says Bitcoin has no top because the US dollar has no bottom and when it comes to investing, “You want hard money, something they can’t print.”
|Sep 10, 2020|
326: WHY BITCOIN SHOULD TECHNICALLY HIT $28,000 BEFORE NOVEMBER 1ST!! $864k BTC PRICE IN 4 YEARS!!
The underlying reason for Bitcoin (BTC) hitting $28,000 by November 1, 2020, is based on historical data and not just an analyst’s prediction.
Bitcoin’s volatility is a well-known aspect of the asset and the fact that this aspect is high is what’s preventing it from becoming an everyday unit of exchange/account or in simple terms – money.
|Sep 09, 2020|
325: BITCOIN FACING ONE LAST TEST AHEAD $120,000 RISE!! NEW METRIC REVEALS 'INTENSE' BTC BUY PRESSURE!!
The pseudonymous crypto trader who accurately predicted the Bitcoin collapse of 2019 says BTC is due for one more test before launching a mega bull rally.
In a new tweet, the analyst who is known in the industry as Dave the Wave says it is within the realm of possibility for Bitcoin to continue consolidating for the rest of the year.
|Sep 08, 2020|
324: MAX KEISER REAFFRIMS HIS $400K BITCOIN (BTC) PREDICTION; ETH, BSV, BCH, AND DEFI SCAMS GO TO ZERO!!
In a recent interview with Cointelegrpah, Max Keiser, host of the Keiser Report reaffirms his $400K Bitcoin price prediction while ETH, BSV, BCH, and DeFi scams go to Zero.
Max sees the BTC price climbing to $28,000 in the short term before seeing any major pullback and goes on to share that his $100,000 Bitcoin price prediction he made back in 2011 is still currently in play.
|Sep 07, 2020|
323: BITCOIN COULD SHATTER $864K BY 2024, SAYS PLANB!! MAX KEISER REAFFIRMS $400K BTC PRICE PREDICTION!!
Crypto analyst PlanB says the Bitcoin price could eclipse the prediction of his controversial stock-to-flow model (S2F) and meteorically rise to a BTC price of $864,000 in four years.
In an interview with cryptocurrency podcaster Peter McCormack, the quantitative analyst says he actually made a conservative bet when he predicted that Bitcoin will hit $288,000.
|Sep 06, 2020|
322: BITCOIN WILL CONTINUE TO CANNIBALIZE GOLD DRAMATICALLY OVER NEXT DECADE!! BTC AND DEFI WEEKLY RECAP!
Bitcoin Billionaires, the Winklevoss twins, believe BTC as “digital gold” would compete against gold over the long term, recently making the case for a $500K Bitcoin price.
Specifically, its immense upside potential makes it an attractive investment since the Bitcoin market capitalization is still roughly only 1.5% of gold.
|Sep 05, 2020|
321: BLOOMBERG: BITCOIN COULD HIT $500,000 OR DROP TO ZERO!! BTC CAN SURPASS $1M IN THE NEXT 3-5 YEARS!!
Bitcoin has the potential to surpass $1 million in the next three to five years, says Raoul Pal, calling BTC the “biggest trade of our lifetimes.”
In September’s crypto outlook newsletter, Bloomberg’s analyst Mike McGlone observed that the Bitcoin price could either be heading to the $500,000 mark, or it could fail.
McGlone has continued to reiterate that in his view, Bitcoin is set to become digital gold.
|Sep 04, 2020|
320: BITCOIN PRICE WILL HIT $500,000 SAYS CRYPTO ANALYST!! $20K BTC TARGET ON TRACK BY END OF 2020!!
The pseudonymous analyst who goes by the name Dave the Wave predicts the Bitcoin price will hit $500,000 – eventually.
Dave, a technical trader who correctly predicted the BTC collapse from $11,600 to $6,400 last year, is reacting to Tyler and Cameron Winklevoss’ recent Bitcoin analysis.
The twin brothers and co-founders of crypto exchange Gemini say Bitcoin is undervalued as long as it trades below $500,000, citing the likelihood of hyperinflation in the US that could drive Bitcoin as a safe-haven asset.
"Good to see a reasonable price projected here by the Winklevoss brothers."
|Sep 03, 2020|
319: WARREN BUFFET WILL PANIC-BUY BITCOIN AT $50K SAYS MAX KEISER!! BTC IS TARGETING $288K STOCK-TO-FLOW!
Bitcoin pioneer, Max Keiser has predicted that the Berkshire Hathaway CEO will panic-buy BTC at $50,000.
Warren Buffett has changed his mind about gold as an investment, prompting some people to think that he might do the same with Bitcoin.
|Sep 02, 2020|
318: BITCOIN WILL HIT NEW HIGH ‘IN NEAR TERM’ AS BUFFET EXISTS USD, SAYS MAX KEISER! $500K BTC PREDICTION
The U.S. dollar is getting so weak that even Warren Buffett is getting out and Bitcoin (BTC) will see all-time highs, says Max Keiser.
In his latest forecast for macro, the RT host warned that safe havens would seriously outperform fiat. Buffett, he implied, knew what was coming.
“Buffett’s move into Japan, along with his gold investment, confirms he’s getting out of USD bigly,” Keiser wrote on Twitter on Monday.
“USD is trending lower today, about to break key support. Bitcoin - Gold - Silver Will all make new ATH in the near term.”
|Sep 01, 2020|
317: HERE’S WHY THIS CRYPTO CEO THINKS BITCOIN (BTC) SOON HITS $15,000!! DEFI ASSET YFI SOARS 108,000%!!
Vinny Lingham, cryptocurrency investor and the CEO of CivicKey, asserted that there’s a good likelihood that the Bitcoin price will soon trade at $15,000 per BTC.
He made this comment in reference to how $10,000 “represents strong support”:
“It looks to me that Bitcoin is poised for another leg up, with an overshoot above $15k, but then a retrace and heavy consolidation around $14k for a few weeks at least. I doubt this sub-$12k price holds for much longer and $10k represents strong support right now.”
|Aug 31, 2020|
316: MODELING BITCOIN WITH CENTRAL BANK BALANCE SHEETS IMPLIES A $20M BTC PRICE!! DEFI YFI PEAKS AT $38K!
Institutional investor and creator of the Bitcoin Stock-to-Flow valuation model known as PlanB, for fun did some BTC price modeling with central bank balance sheets which implies a $20,000,000 Bitcoin price.
The pseudonymous trader tweeted, “Modeling bitcoin price with central bank balance sheets (FED+ECB). 90% R2. Recent QE fueled explosion of FED and ECB balance sheets to $7T and $6.4T implies a BTC price of ... $20M”
|Aug 30, 2020|
315: BITCOIN (BTC) TARGETING $1,150,000 AFTER SHIFT IN FEDERAL RESERVER POLICY, SAYS REAL VISION CEO!!
Raoul Pal thinks Federal Reserve policies could lead Bitcoin (BTC) to 100x gains.
On Thursday, Fed Chairman Jerome Powell said that the U.S. central bank would prioritize keeping unemployment low over reigning in inflation.
Pal, the former head of European hedge fund sales for Goldman Sachs, says that the shift in monetary policy is lending major upside to gold and, to an even greater degree, Bitcoin.
|Aug 29, 2020|
314: THE ‘ULTIMATE’ CASE FOR A $500,000 BITCOIN PRICE BY THE WINKLEVOSS TWINS!! BTC ANALYSIS TODAY!!
Bitcoin Billionaires, Tyler and Cameron Winklevoss, believe weakness in the U.S. financial system and other factors mean the Bitcoin price could one day reach $500,000 per BTC.
“Inflation is coming. Money stored in a bank will get run over. Money invested in assets like real estate or the stock market will keep pace. Money stored in gold or bitcoin will outrun the scourge. And money stored in bitcoin will run the fastest, overtaking gold,” the brothers said in their latest analysis.
|Aug 28, 2020|
313: BREAKING: FIDELITY PRESIDENT LAUNCHES NEW BITCOIN FUND; $100,000 BTC MINIMUM BUY-IN PRICE!!
One of the largest mutual funds in the U.S., Fidelity Investments, is enhancing its efforts in the Bitcoin and crypto space with its chief strategist, Peter Jubber, starting an institutional-grade and high net worth clients-focused BTC index.
According to a filing sent to the Securities Exchange Commission (SEC), Fidelity Investments has launched a new Bitcoin index fund, ‘Wise Origin Bitcoin Index Fund I, LP’ that targets high net worth investors and institutions.
A $100,000 minimum buy-in value is required by the index fund following the demand by corporations and accredited investors on Wall Street on cryptocurrency investments.
|Aug 27, 2020|
312: ASSET GIANT FIDELITY VALIDATES BITCOIN MODEL THAT PREDICTS BTC PRICE RISE TO $1,000,000!!
The trillion-dollar asset manager Fidelity is scrutinizing a popular and controversial Bitcoin price model.
A recent report from Fidelity Digital Assets analyzes the BTC stock-to-flow ratio, which divides the amount of a commodity in circulation by the amount mined per year.
Using the correlation between an asset’s price and its S2F ratio, the pseudonymous crypto analyst PlanB has predicted that the BTC price will soar to $1 million by 2029.
|Aug 26, 2020|
311: BITCOIN PRICE IS ON TARGET TO HIT $288,000 AS U.S. MONEY VELOCITY COLLAPSES IN Q2!! BTC ANALYSIS!!
For PlanB, the quant analyst behind the infamous stock-to-flow Bitcoin price forecasting models, the collapse in money velocity will only serve to speed up BTC on its way to recent predictions - an average of $288,000 by 2024.
The stock-to-flow cross-asset model (S2FX) delivers multiple “phases” of Bitcoin as an asset, and the $288,000 BTC price point forms part of phase five.
|Aug 25, 2020|
310: BITCOIN PRICE WILL SOON SHOOT TOWARDS $20K, THEN $30K PER BTC PREDICTS THIS EERIE SILVER FRACTAL!!
A narrative has formed over recent months that the Bitcoin price is closely correlated with gold.
But according to a recent analysis shared by a crypto trader, BTC may actually be closely correlated with silver. The issue with this correlation is, silver’s price action is preceding that of Bitcoin by a few weeks.
The trader in question shared the chart on August 23rd. The chart shows that should Bitcoin’s trajectory continue to follow that of silver, the cryptocurrency will soon trade at $20,000. After hitting $20,000, the fractal also suggests that the BTC price will move to $30,000.
|Aug 24, 2020|
309: BITCOIN PATTERNS MIRROR EARLY DAYS OF EPIC 4,400% BTC RALLY!! NEW DEFI CRYPTO NEXT TO EXPLODE!!
Digital Asset Manager Grayscale says current investment patterns in Bitcoin mirror trends present in early 2016, when BTC kicked off an astronomical 4,400% rally to its all-time high in less than two years.
Phil Bonello, Grayscale’s director of research, reports that there is a growing number of investors holding on to their Bitcoin.
In Grayscale’s Holder vs. Speculator Index, the percentage of holder coins – BTC that have not moved in one to three years – is on the up and up. Meanwhile, the percentage of speculator coins – BTC that have moved in the last 90 days – is on a decline, much like in 2016.
|Aug 23, 2020|
308: RICH DAD AUTHOR DOUBLES DOWN ON BITCOIN AMID FEARS OF BANK ‘CRISIS’!! $100K BTC PRICE PREDICTION!!
On a global scale, few actually own Bitcoin. According to Robert Kiyosaki, the author “Rich Dad Poor Dad,” though, everyone should own the cryptocurrency ahead of the coming “banking crisis.”
This comment is in line with the sentiment of an impending collapse in banking and in the fiat currency system that Kiyosaki has extensively shared since the pandemic began.
|Aug 22, 2020|
307: $50K BITCOIN PRICE IS ‘REASONABLE’ IF BTC HITS NEW HIGHS, SAYS TONE VAYS!! PEAK PROJECTED AT $325K!!
Tone Vays, the well-known BTC derivatives trader, believes the Bitcoin price will stay above $10,000 for the rest of 2020.
If the price of Bitcoin surpasses $20,000 in the medium-term, Vays said history shows it tends to double. Based on the historical price cycles, he said the $45,000 to $50,000 range is a reasonable target.
|Aug 21, 2020|
306: BITCOIN WILL HIT $340K IF REPEATS 2016 HALVING CYCLE PATTERN!! YEARN FINANCE (YFI) FLIPS BTC PRICE!!
Bitcoin price needs to hit $340,000 just to match its performance from its last BTC halving cycle, data shows.
In a Twitter series on Aug. 20, popular statistics resource ChartsBTC noted that the BTC price still has huge room for growth at current levels of $11,700.
Comparing lows, highs and halving prices from its two previous Bitcoin halving cycles, ChartsBTC put the difference between peaks at 36x for the 2012 cycle and 17x for the 2016 cycle.
In order to repeat even the more modest cycle’s success, BTC/USD would have to trade at $340,000. 36x from last cycle’s high — Bitcoin’s all-time record of $20,000 — comes to $720,000.
|Aug 20, 2020|
305: $100,000 BITCOIN PRICE IS INEVITABLE THANKS TO A CRITICAL MASS OF LONG TERM BTC HODL’ers!!
Determining the true Bitcoin value can be more complicated than simply looking at the current BTC market price.
"Most Bitcoins already cost at least $100,000, but probably more like $10 million," said Michael Goldstein, also known as Bitstein, in an Aug. 17 tweet.
While the Bitcoin price sits around $12,000 at this time, many folks in the crypto industry likely value the asset at a much higher price tag.
If someone buys a BTC at $10,000, but is unwilling to sell it until the asset reaches $100,000, then the price tag of that Bitcoin is naturally much higher than its current market value. This then begs the question: How many Bitcoin are currently worth $100,000?
|Aug 19, 2020|
304: BUFFET’S MOVE OUT OF BANKS INTO GOLD MARKS THE START OF BITCOIN (BTC) TO $400K SAYS MAX KEISER!!
Popular Bitcoin pioneer Max Keiser shared his latest BTC price prediction on Twitter…
“Buffett’s rotation out of banks into GOLD - marks the end of all-fiat money experiment started in 1971 - marks the start of 3rd leg of Gold’s bull run started in 2000 - marks the top in bond market - marks the beginning of $USD crash - marks start of BTC to $400,000.”
In other trending Bitcoin News today: Bitcoin Price Will ‘Explode’ Says Trader if BTC Breaches $13,000
Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price.
|Aug 18, 2020|
303: CONTROVERSIAL BITCOIN PRICE MODEL PLACES 'EXACT DATE' ON WHEN BTC WILL SHATTER $100,000!!
We can expect the Bitcoin price to shatter $100,000 on this ‘exact date’ according to one of the most controversial BTC analysts in Crypto.
Using the stock-to-flow model (S2F), which divides the amount of Bitcoin in circulation by the amount of BTC mined per year, PlanB believes BTC is set to be over $100,000 on August 16th, 2021.
|Aug 17, 2020|