Bitcoin News Alerts | Daily BTC Macro Signal

$4.2 trillion asset management firm Fidelity Investments is reportedly working toward offering Bitcoin (BTC) and crypto trading services to its 34.4 million retail investor base, according to Galaxy Digital CEO Mike Novogratz and people familiar with the matter. While Fidelity hasn't officially confirmed plans to incorporate crypto onto its retail platform, Novogratz told a conference audience in New York on Tuesday, that the move may be just around the corner: "A bird told me that Fidelity, a little bird in my ear, is going to shift their retail customers into crypto soon enough." Learn more about your ad choices. Visit megaphone.fm/adchoices

With the Ethereum Merge release scheduled for Sept. 13th, reaching $1,000,000 per Bitcoin by 2030 is still inevitable, and a pretty popular projection. Crypto trading platform BitMEX's ex-CEO Arthur Hays made precisely that prediction four months ago. Famous cryptocurrency investor Cathie Wood set the same target in April 2022. Serial entrepreneur Anthony Pompliano took the stage at the same BTC 2022 event to say that Bitcoin could reach $500,000 or $1,000,000 in the near future -- but anything beyond that would require a social collapse and total meltdown of the US dollar. In early June, MicroStrategy (NASDAQ: MSTR) chairman Michael Saylor doubled down on his bullish price predictions in a CNBC interview: "It's not going to zero. If it's not going to zero, it's going to a million because it's obviously better than gold at everything that gold wants to be." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is set to explode in price after the next halving in 2024 with many crypto experts projecting a minimum price target of $100,000 and according to cryptocurrency exchange Changelly, BTC might peak at around $937,000 in 2030, with an average trading price of $798,000 per coin. "We must think about the long-term implications of Bitcoin and Proof-of-Work cryptocurrencies. Once mined, this will be the next main store of value as gold once was. The halving is set to occur in 2024, and this will, by definition, increase the USD price of Bitcoin by quite a bit. For this reason, I believe this is the time to buy. Once the halving happens, BTC will be worth at least $100,000." Learn more about your ad choices. Visit megaphone.fm/adchoices

By carrying out a rudimentary extrapolation of Bitcoin price movements of the previous four year halving cycles, the king crypto (BTC) is on a run rate to hit $2.11 million by January 2030. Using the extrapolation from January 2017 to an extrapolated May 2024 projected price of $108,000 and incorporating a 1-year price increase of 413% between May 2024 and May 2025, BTC could hit $446,000. Incorporating the estimated 413% increase between May 2028 and May 2029, BTC would be on target to hit $2.08 million by May 2029, giving BTC a January 2030 value of $2.11 million. Learn more about your ad choices. Visit megaphone.fm/adchoices

The founder and CEO of crypto asset fund Pantera Capital, Dan Morehead, is expressing bullish sentiment on Bitcoin, predicting a 15x rally over the next 5 years, suggesting a $300,000 BTC price action. Asked to reveal his end-of-year and five-year price target for Bitcoin, the Pantera Capital CEO says that the flagship crypto asset is likely to maintain the average annual growth rate of 150% "for a while." "Bitcoin as a proxy for the industry has averaged 2.5x a year for eleven years. So that's always kind of my standard forecast is that it will probably keep going at that same growth rate for a while." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bloomberg crypto analyst Mike McGlone has labeled Bitcoin (BTC) a "wild card" which is "ripe" to outperform once traditional stocks finally bottom out. "Bitcoin is a wild card that's more ripe to outperform when stocks bottom, but transitioning to be more like gold and bonds." Meanwhile, separate observations from monitoring resource Whalemap focused on a potential sale of 5,000 BTC, which had previously stayed dormant since Christmas 2013. "Someone cashed out 5000BTC yesterday making a whopping a $95,000,000 profit. Original price of acquisition was $698 for him which is a 2800% increase from current price." Learn more about your ad choices. Visit megaphone.fm/adchoices

The largest bank in Singapore is backing Bitcoin, crypto and blockchain tech despite the regulatory uncertainty and market downturn. According to a new report from the Financial Times, DBS CEO Piyush Gupta says the recent cryptocurrency slump shows the need for regulated financial institutions to offer digital asset products. DBS first rolled out its crypto exchange for institutional and accredited investors in late 2020, offering trading services for Bitcoin (BTC), Ethereum (ETH), XRP and Bitcoin Cash (BCH). Earlier this year, Gupta announced plans to further expand its crypto offerings. Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto veteran and Bitcoin OG Bobby Lee says he remains bullish on Bitcoin (BTC), Ethereum (ETH) and the wider cryptocurrency market despite the recent downturn. In an interview with Bloomberg, Lee says that if the predictions for a severe crypto winter fail to materialize, Bitcoin and Ethereum will easily go back to their all-time highs recorded in November of 2021. The crypto veteran says that the upgrade that will see Ethereum transition from a proof-of-work (PoW) consensus mechanism to proof of stake (PoS) will serve as the catalyst that will see the two crypto assets rally back to their record highs. Learn more about your ad choices. Visit megaphone.fm/adchoices

HEX founder Richard Heart predicted exclusively to Watcher Guru in May 2022 that Bitcoin will crash to $11,000. At the time of his prediction, BTC was trading at $29,915, and four months later now, it is at $19,000. Watcher Guru reached out to the crypto tycoon again if he still believes that BTC is headed towards $11,000. Heart doubled down on his predictions claiming that Bitcoin will crash to $11K dipping 85% from its all-time high of $69,044, which it reached in November 2021. "Bitcoin will continue to fall down to $11,000 as long as the grayscale discount to NAV exists. It's the normal 85% price dip Bitcoin does. Mt GOX coins being released is more potential sell pressure," he said to Watcher Guru. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ethereum (ETH) creator Vitalik Buterin has an idea for what the state of Bitcoin (BTC) will look like twenty years from now. In a new interview with economist Noah Smith, Buterin says that in the medium term, he thinks crypto assets including Bitcoin and Ethereum will become about as volatile as gold or the stock market, moving away from the big bubble and crash phases of the past. The cryptocurrency visionary also says that even though crypto could satisfy a few key narratives in the next two decades, mainstream adoption is going to be the biggest factor in determining the fate of digital assets. Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Wallace, a well-known crypto influencer, predicts we could see Bitcoin at over $500k and Dogecoin (DOGE) over $3 by the end of 2024. "We are barely beginning to scratch the surface of crypto adoption," says Wallace. "Crypto solves so many problems that its meteoric rise is inevitable! BTC is the best store of value, and Dogecoin is the most popular currency in the crypto space. Together they will dominate the world economy. $500,000 Bitcoin isn't just possible; it's inevitable. As BTC rises, Dogecoin will have a clear path to well over $3," Matt told TechBullion. Learn more about your ad choices. Visit megaphone.fm/adchoices

The current BTC price prediction has Bitcoin hovering around $200K by 2027. By 2030, the average projection is sitting at half a million dollars! And by 2032, the king crypto (BTC) could hit $800K or more. Even though, these are lofty Bitcoin price expectations, major players such as the Winklevoss Twins, Cathie Wood of Ark Invest and cryptocurrency exchange Changelly are all sticking to these forecasts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Karl Racine, Attorney General for the District of Columbia in the United States, has announced that his office has sued business intelligence firm MicroStrategy and its Bitcoin bullish co-founder Michael Saylor for charges related to tax evasion. However, there is no shaking Saylor's confidence, who assured that there is no price target for the king crypto at which MicroStrategy will begin liquidating its BTC holdings. Even as the market-wide meltdown evaporated trillions of value, the leading Bitcoin maximalist and his company is patiently holding firm. "There's no price target. I expect we'll be buying bitcoin at the local top forever. And I expect Bitcoin is going to go into the millions. So we're very patient. We think it's the future of money." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin price double-bottom and then to $30K? The conflicting upside signal comes from a potential double-bottom pattern on the BTC longer-timeframe charts against the United States dollar. Double-bottoms are bullish reversal patterns that resemble the letter W due to two lows and a change in direction from downside to upside. Meanwhile, a double-bottom's upside target is found after measuring the distance between the pattern's peak (neckline) and lowest levels and adding the outcome to the breakout point, as illustrated below. In other words, a potential 50% price rally taking the king crypto to the $30K level. Learn more about your ad choices. Visit megaphone.fm/adchoices

It's been a rocky start to the year for Bitcoin, but crypto experts still say it will hit $100,000 per coin - and that it's more a matter of when, not if. Despite the volatility and recent slumping price, many experts still say BTC is on its way to passing the $100,000 mark, though with varying opinions on exactly when that will happen. And a recent study by Deutsche Bank found that about a quarter of Bitcoin investors believe Bitcoin prices will be over $110,000 in five years. Learn more about your ad choices. Visit megaphone.fm/adchoices

Analyst Benjamin Cowen is detailing a potential worst case scenario for Bitcoin and the crypto markets at large. If this bearish cryptocurrency market structure plays out, the total market cap of all cryptocurrencies would finally reach a bottom at around the $500 billion mark, which suggest a Bitcoin price bottom of about $10,000 per BTC. "This is something to consider. It's the worst case scenario. I have no idea if it's going to play out or not, but it's something that everyone I think should consider when navigating the cryptoverse." Learn more about your ad choices. Visit megaphone.fm/adchoices

A widely followed crypto analyst says that Bitcoin could follow in the historical footsteps of gold and spark a massive 6-figure rally but notes that the king cryptocurrency (BTC) has further to fall first. "We could start to see an asset trade very similar to gold. I'm going to make the case today about how Bitcoin could very well be that asset, especially after going through a steady decline of 75% or so far, and will likely go through a decline of around 80 to 85% at bare minimum… After that, we can have really green pastures for Bitcoin, starting [to] charter into that six-digit territory that many people have talked about since the previous bull market, towards $100,000, $200,000, you name it, as people start to lose faith in the base currency, the dollar being the world reserve currency." Learn more about your ad choices. Visit megaphone.fm/adchoices

Shark Tank investor Kevin O'Leary is casting doubt on the ability of Bitcoin to rally above the $25,000 price level under the prevailing conditions. O'Leary says in a Stansberry Research interview that the BTC price is stagnating because the lack of cryptocurrency regulation is hindering institutional investment in the space. "I'm going to predict that crypto and particularly Bitcoin will be locked between $20,000 and $25,000 until we get policy. It's not going to go anywhere because there's not enough buyers. You need to tap trillions of dollars being managed by sovereign wealth, and they are not going to buy Bitcoin until there's regulation." Learn more about your ad choices. Visit megaphone.fm/adchoices

The chief executive officer of Mastercard says that the credit card giant is teaming up with leading crypto exchange Binance to boost Bitcoin and cryptocurrency payments for everyday purchases. "We can unlock the full potential of blockchain technology when we make it easier to access + easier to use. One way we do that is by bringing crypto to everyday purchases. Users can enjoy a seamless transaction in which their cryptocurrencies are converted to fiat currency in real-time at the point of purchase, as well as earn up to 8% in crypto cashback on eligible purchases and enjoy zero fees* on ATM withdrawals." Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto bull and Real Vision CEO Raoul Pal says that Bitcoin can still erupt en route to outperforming other asset classes in the next 10 years even in his worst-case scenario. "I rode it up $1,000, so it went up 5x in two months, then went all the way back down 85%. I just held it because I wanted to treat it like an option. I had a 10-year view. I said it's probably going to $100,000 worst case, $1 million best case over the next 10 to 20 years." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin, the world's most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars per coin, according to new estimates by Arcane Research. Crypto research and analytics firm Arcane Research on Monday released a report estimating the development in Bitcoin's energy usage toward 2040. If the BTC price hits $2 million in 17 years, Bitcoin may consume 894 Terawatt-hours (TWh) per year, surging 10 times from today's level, the report suggests. Despite huge growth, such energy consumption would only account for 0.36% of the estimated global energy consumption in 2040, increasing from Bitcoin's 0.05% share today, the analyst estimated. Learn more about your ad choices. Visit megaphone.fm/adchoices

Former Goldman Sachs executive Raoul Pal says an explosion of the crypto market cap by 200x in the next decade is within the realm of possibility, with a potential Bitcoin target price of $2,100,000 per BTC. "What I do know is if I just extrapolate the network adoption effects, the number of users, and where the number of users is going and assume it gets to somewhere between four and five billion in the next 10 years or so – which would be central bank digital currencies enabling it, all ticketing, a whole bunch of stuff going that way – the market cap of the space goes from $1 trillion to $200 trillion… People don't realize the world has never seen an accumulation of wealth like that in history. This would be the shortest period of time of the largest accumulation of wealth ever seen." Learn more about your ad choices. Visit megaphone.fm/adchoices

According to Crypto exchange Changelly, Bitcoin might peak at around $937k in 2030, with the king cryptocurrency trading at an average price of $798k per BTC. Bitcoin searches on Google being 7x and 42x higher than the no. of searches for USD and Euro, respectively, is evidence of the same. In fact, according to studies, there has historically been a 91% correlation between BTC prices and Google search volumes. Learn more about your ad choices. Visit megaphone.fm/adchoices

The chief investment officer of crypto asset manager Bitwise Investments is unveiling his massive price target for Bitcoin despite the ongoing bear market. In a new Stansberry Research interview, Bitwise executive Matt Hougan says that Bitcoin could rally by over 2,273% from its current price of $21,062 as he believes BTC will come close to gold's market capitalization of more than $11 trillion. "I think it's perfectly rational to believe that Bitcoin could trade to half a million dollars over time. The way I picked that number out of the hat is if Bitcoin held as much wealth as is held in gold, it would be about half a million dollars a Bitcoin." Learn more about your ad choices. Visit megaphone.fm/adchoices

Kraken crypto exchange CEO Jesse Powell says he would NEVER bet against Bitcoin and is still hopeful of a $2 million dollar BTC price by the end of 2022. "I'm still hopeful that I'll be able to buy a Bugatti by the end of the year for one Bitcoin. I bought in bitcoin again at $18,000, I'm happy to ride it back up," Kraken CEO Jesse Powell told Bloomberg in an interview this week, adding he's "still bullish on the long run" due to bitcoin's "fundamentals" continuing to improve. "I'd never bet against bitcoin." Learn more about your ad choices. Visit megaphone.fm/adchoices

The chief executive of crypto exchange Kraken says that he's still very bullish on Bitcoin and that its improving fundamentals make it hard to bet against BTC. In a new interview with Bloomberg Markets and Finance, Kraken CEO Jesse Powell says that he bought more Bitcoin when it was around $18,000, and hopes it will continue to climb even higher. "I wasn't expecting all this craziness in the macro environment, however, I'm still hopeful that I'll be able to buy a Bugatti by the end of the year for one Bitcoin… I'm still very bullish, I bought Bitcoin again at $18,000, so I'm happy to ride it all the way back up. I'm still very bullish in the long run, [its] fundamentals keep improving, so I would never bet against Bitcoin." Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark Yusko is the billionaire investor and Founder of Morgan Creek Capital. His prediction for Bitcoin is that it'll be worth over $400,000 in the long term, a statement that made headlines in crypto because for its grandiose scale. "It's just math. It is gold equivalent…there are about 20 million BTC available today. Gold today is about $8 trillion. That gives you $400,000. And that doesn't include use cases that relate to currency," Yusko said. He also pointed out that the leading cryptocurrency is striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. When transactions are verified on a Blockchain, banks become obsolete. Learn more about your ad choices. Visit megaphone.fm/adchoices

Former White House communications director and SkyBridge Capital CEO Anthony Scaramucci believes that Bitcoin has solid fundamentals that will drive massive demand in the future sending the BTC price to $300,000 per coin. In a recent interview with CNBC, the CEO explained how the company was looking toward the future of Bitcoin. According to Scaramucci, Skybridge Capital expects the price of bitcoin to grow as high as $300,000 in the next six years. Going by this prediction, they are expecting the digital asset to be trading this high by 2028. Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto exchange Coinbase says that the Bitcoin Lightning Network has the potential to disrupt the massive $150 billion payments industry. Lightning Network is a layer-2 scaling solution built on top of Bitcoin that aims to enable instant and cost-effective transactions for BTC. "Humble beginnings aside, the potential to turn crypto's most valuable asset into a true medium of exchange has the power to bring greater financial inclusion to anyone with a smartphone. The ability to cost-effectively route fiat transactions over Lightning rails without users ever knowing they're using Bitcoin can disrupt $150B+ a year industries. What Visa/Mastercard is for fiat currencies, Lightning can be for Bitcoin. The combination of a universally accessible payment network atop the world's first open-source protocol for money can help Bitcoin evolve into a true global reserve currency." Learn more about your ad choices. Visit megaphone.fm/adchoices

SkyBridge Capital founder Anthony Scaramucci tells crypto investors to avoid knee-jerk reactions as he predicts a huge price tag for Bitcoin of $300,000 per BTC. He went on to express his bullishness on the cryptocurrency market by stating that the "future" is coming sooner than he thought and Bitcoin will reach $300,000 within a few years. "I tell people, 'Just relax. See through this.' We see a pretty optimistic scenario for Bitcoin, Ethereum, Solana and Algorand over the next 12 to 24 months." Learn more about your ad choices. Visit megaphone.fm/adchoices

A top crypto trader and analyst is revealing how the king crypto (Bitcoin) could soar by nearly 50% to $38,000 per coin. Bennett says that after breaking above $26,500, BTC will have to overcome the $30,000 level in order to appreciate by about 46% from the current price and hit the next target of $38,000. "So if we can see Bitcoin reclaim those two levels that I mentioned and start to move higher over the coming days, then here are the two key areas I'm watching over the coming weeks. Now, the first one comes in right around $30,000, and that's because of the consolidation that we saw back in May… so $30,000 area is going to be a huge area for Bitcoin. Above that, we do have the confluence of resistance up around $38,000…" Learn more about your ad choices. Visit megaphone.fm/adchoices

According to a popular crypto analyst, a partnership between two financial giants could trigger growth in Bitcoin value to about $773,000. Here is an analysis of how that could happen. He believes that if BlackRock invests 0.5% of its assets into BTC and uses my multiplier of 21x, then it will increase the market cap by $1.05 trillion, which will mean that Bitcoin will gain $75,000 in value, taking it to $98,000. From today's price, the ROI (return on investment) would be 326%. The possibility of achieving this goal is very, very real. There has been a lot of talk about adding 5%, and that is what Dan Tapiero says, and he believes that is much too aggressive. There is a possibility, perhaps over a period of time, maybe within three or five years, that this might become a reality. It is very likely that Bitcoin's price will reach $773,000 in the next three to five years pretty easily. Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst is impressed by how well altcoins are performing against Bitcoin but still believes the king crypto (BTC) can reach new all-time highs surpassing $100,000 in the near future. The anonymous host of InvestAnswers tells his 443,000 YouTube subscribers that while 94% of altcoins are currently outperforming Bitcoin on the BTC Dominance chart, he believes they're peaking and BTC is primed to rise again. "When 75% of the top 50 coins perform better than Bitcoin over the last 90 days, it becomes altcoin season and we are way above 75%, so that is pretty staggering. Pretty impressive, but whatever goes up comes down, so expect Bitcoin Dominance to be on the rise again soon. We're already seeing that happen right now as we speak… so expect everything to be choppy as we go forward." Learn more about your ad choices. Visit megaphone.fm/adchoices

ARK Invest founder Cathie Wood thinks BlackRock's entry into the crypto space could have huge implications for the Bitcoin price action. "Last week, US-based cryptocurrency giant Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring crypto trading to wealthy clients. Blackrock's decision to partner with Coinbase is a strong signal that institutions consider bitcoin. Based on ARK's simulated portfolio allocations, institutional allocations between 2.5% and 6.5% could impact bitcoin's price by $200,000 - $500,000" Learn more about your ad choices. Visit megaphone.fm/adchoices

According to crypto exchange Changelly, the Bitcoin price might peak at around $937k in 2030, with the king cryptocurrency (BTC) trading at an average price of $798k per coin. What drives these predictions? Well, a couple of reasons. For starters, most are optimistic about the value of Bitcoin's scarcity coming into play. Secondly, maximalists envision a future where demand for Bitcoin is endless. Finally, with Bitcoin adoption rising by 113% annually, many believe the same will one day be highlighted by BTC's price. Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst is breaking down how the partnership between two financial giants could trigger a Bitcoin explosion to $773,000. Last week, US-based crypto titan Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring cryptocurrency trading to wealthy clients. In a new strategy session, the host of InvestAnswers tells his 443,000 YouTube subscribers that the partnership could boost Bitcoin's market cap by a trillion dollars at the very least. "If they add 5%, which is what Dan Tapiero says, I think it's way too aggressive. Maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 in the next three to five years pretty easily." Learn more about your ad choices. Visit megaphone.fm/adchoices

Why an integration with Bitcoin could be next for the personal finance ecosystem of tech giant Apple and what it would look like. And more importantly, what would it mean for the future of the king crypto (BTC)? Let's say Apple took this next step and integrated with Bitcoin; it would be the most significant leap in adoption that the original cryptocurrency has ever received. Despite already integrating with other popular financial apps like Venmo and CashApp, a Bitcoin integration with Apple would immediately onboard the more than one billion iPhone users to the Bitcoin blockchain. If Bitcoin were to gain that kind of exposure, it would further bolster its role in our increasingly digital world. Of course, most of this thinking is entirely speculative, but it's a valuable analysis. Current trends signal that in order to remain competitive, Apple (and many other tech companies) will have to find new ways to make BTC more accessible or risk falling behind. Learn more about your ad choices. Visit megaphone.fm/adchoices

Quant crypto analyst Dan Tapiero, founder and CEO of 10T Holdings made a bold price prediction for the king cryptocurrency (BTC) to explode to $250K+ per coin as a result of the major BlackRock and Coinbase partnership, helping to usher in mass institutional Bitcoin adoption. "Chart that got BlackRock excited about partnership with Coinbase! No bigger a macro opportunity for BLK than acting to facilitate Bitcoin adoption. 5% shift in BLK assets is $500b...greater than BTC value today. Catalyst for path to $250k+ post btc halving becoming clear. Learn more about your ad choices. Visit megaphone.fm/adchoices

MicroStrategy founder and Bitcoin bull Michael Saylor is stepping down as CEO of the firm as the business software company reports incurring a $917.8 million BTC loss during the second quarter of the year. Saylor says that his new position as the company's chairman will allow him to focus more on being an advocate for the king crypto (Bitcoin). "I have emerged as an important advocate and spokesperson for the Bitcoin community on a worldwide basis. This will allow me to take the role of executive chairman where I can be a more enthusiastic advocate for Bitcoin while Phong and Andrew manage the corporate operations, execute on the MicroStrategy ongoing business strategy." Learn more about your ad choices. Visit megaphone.fm/adchoices

SkyBridge Capital founder Anthony Scaramucci says that Bitcoin is way below its actual fair value by 70%, and that the bottom is likely already in for the king crypto. In a new interview with MarketWatch, the veteran hedge fund manager says his firm's metrics put the current Bitcoin value at roughly $40,000 per coin. "We believe that the leverage has been blown out of the system. I don't think it's going below the low that was reached for this cycle, which would be at around $17,500. According to our fair market value metrics based on adoption, wallet size, use cases, growth of wallets, we think the fair market value for bitcoin right now is about $40,000." Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto analytics firm Santiment says that the dwindling supply of stablecoins may be a sign that a massive Bitcoin breakout is on the horizon. According to the market intelligence firm, the circulating supply of Tether (USDT) and USD Coin (USDC), the two biggest cryptocurrency stablecoins by market cap, has been dramatically decreasing since May 2022. Santiment says that the volume of these two assets continues to decline even as the price of Bitcoin rises, which in the past has foreshadowed parabolic BTC rallies, specifically in July 2021 right before the king crypto went from the $29,000 level all the way to $69,000. Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed crypto analyst known for calling the May 2021 collapse in Bitcoin says that an indicator with a solid track record is suggesting rallies are approaching. The pseudonymous analyst known as Dave the Wave tells his 122,000 Twitter followers that the BTC moving average convergence divergence (MACD) just flashed a signal that previously foreshadowed a 300% rally in Bitcoin in 2019. "Last time the Bitcoin weekly MACD crossed, after an extended correction to current levels, it went on a ripper." Learn more about your ad choices. Visit megaphone.fm/adchoices

This bullish chart pattern signals Bitcoin price rally to $48,000 imminent in the next 2 weeks, says top Crypto analyst Carl 'The Moon' Runefult "What if this [$19,600] was the bottom? What if this is the bounce and the big bullish reversal?" Runefelt explored the possibility of Bitcoin price hitting bottom at $19,600, before a bullish trend reversal, setting the stage for a massive rally to $48,000. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is at the bottom & the next crypto bull cycle will begin November 2023, according to top crypto analyst Trader_Jibon. "Local Bottom is Very Close. We might see big rally around 40K. Then BTC can dump to 25-20K before the Bull Run Starts." Another view the top cryptocurrency analyst shared: "BTC will Confirm the Bottom in September-October 2022. I'm not expecting a Big Crash. But I don't expect Bull Market before 2024. We might see Sideway Market until 2024. Then Bull Market 2024-25." Learn more about your ad choices. Visit megaphone.fm/adchoices

The crypto world is abuzz after a Bitcoin chart predicting an astronomical BTC price made the rounds on social media, suggesting a full 99.7% of Bitcoin's total wealth gener­a­tion remains ahead, ultimately meaning Bitcoin still has 400x to grow, dwarfing the gold milestone. By putting Bitcoin's current valua­tion into perspec­tive, it becomes clear that it's still very early for Bitcoin. "Bitcoin has the potential to become worth over $10 million a coin." Learn more about your ad choices. Visit megaphone.fm/adchoices

Binance CEO Changpeng Zhao says there is a myriad of factors potentially driving the next big rally for Bitcoin (BTC) and other crypto assets. In a new interview on CNBC, the richest person in crypto says different catalysts triggered the previous cryptocurrency bull runs and people were not even aware that these would set off massive moves. Quoting Bitcoin advocate Dennis Porter: "At the end of the day, all fiats eventually come to an end which means in theory there is no cap on Bitcoin's dollar price. Once you understand this you realize $1 million and even $10 million are inevitable." Learn more about your ad choices. Visit megaphone.fm/adchoices

As the Bitcoin and crypto market continues breaking out after news of the recent Fed rate hike, Shark Tank billionaire investor Mark Cuban is deeply concerned about how the impending wave of regulation will affect the cryptocurrency space. "Think this is bad? Wait till you see what they come up with for registration of tokens. That's the nightmare that's waiting for the crypto industry. How else do you keep thousands of lawyers employed and create reasons to ask for more taxpayer money?" Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin can still rise to seven figures within five years, PlanB claims, calling for crypto investors to ignore short-term "noise." The quant BTC analyst, at the same time, predicted on the day, U.S. equities would reach new heights never seen before. "Some of you are afraid of macro and the link between bitcoin and stock markets etc. IMO the next ~5 years S&P500 will be in the $5K-$6K range and bitcoin in the $100K-$1M range. Short term is noise, long term is signal." Learn more about your ad choices. Visit megaphone.fm/adchoices

Quant analyst PlanB, creator of the infamous Bitcoin Stock-to-Flow model updated his price forecast for the king crypto (BTC) predicting Bitcoin ranging between $100,000 - $1,000,000 in the next 5 years: "Some of you are afraid of macro and the link between bitcoin and stock markets etc. IMO the next ~5 years S&P500 will be in the $5K-$6K range and bitcoin in the $100K-$1M range. Short term is noise, long term is signal." - PlanB Learn more about your ad choices. Visit megaphone.fm/adchoices

Based on previous Bitcoin halving cycles, the king crypto (BTC) has surged by an average of 3,158% in the one year after each halving event. By removing the 2012 anomaly, the average increase is 412.5%. Using the extrapolation from January 2017 to an extrapolated May 2024 projected Bitcoin price of $108,000 and incorporating a 1-year price increase of 413% between May 2024 and May 2025, BTC could hit $446,000. Incorporating the estimated 413% increase between May 2028 and May 2029, BTC would be on target to hit $2.08 million by May 2029, giving BTC a January 2030 value of $2.11 million. Learn more about your ad choices. Visit megaphone.fm/adchoices