Bitcoin News Alerts | Daily BTC News

A popular crypto trader and analyst is predicting Bitcoin will see a major impulse breakout of the BTC price within months. His chart shows an arrow reaching toward $31,000. The pseudonymous trader Kaleo tells his 535,700 Twitter followers he expects BTC to experience a step toward a higher accumulation range, topping out at $25,000, followed by a larger breakout. Since July, he notes the king cryptocurrency price has fluctuated around the same range for the past three months. Learn more about your ad choices. Visit megaphone.fm/adchoices

Robert Breedlove, the founder of crypto investment firm Parallax Digital has suggested that Bitcoin (BTC) stands a big chance of recording a significant spike in future mainly driven by a drop in the purchasing power of the dollar.  According to Breedlove, his model places Bitcoin to trade at $12.5 million by 2031, a value equivalent to $1 million based on today’s purchasing power, he said during an appearance on Altcoin Daily podcast on September 13. Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular on-chain Bitcoin analyst claims the current crypto bear market hasn’t yet sent as many BTC underwater as previous cryptocurrency bear markets. BTC analyst Willy Woo notes that showing how many Bitcoin are at a lower value compared to their purchase price is “one way of visualizing maximum pain.” Woo’s chart indicates that Bitcoin’s 60% underwater level is currently hovering around $10,000. Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Saylor, the chairman and cofounder of software company turned Bitcoin acquisition vehicle MicroStrategy, has predicted the value of the king crypto (BTC) will overtake gold within ten years - potentially giving Bitcoin a $500,000 price and a market capitalization of $10 trillion. "The next logical stop for bitcoin is to replace gold as a non-sovereign store of value asset," Saylor told MarketWatch this week, adding gold is a $10 trillion asset. "Bitcoin is digital gold, it's 100-times better than gold and if bitcoin goes to the value of gold it goes to $500,000 per bitcoin." Learn more about your ad choices. Visit megaphone.fm/adchoices

The creator of the Bitcoin Stock-to-Flow (S2F) model – PlanB – admitted that recently he made his third BTC investment. At the time of the purchase, the primary crypto was hovering around $20,000. Due to its significant price depreciation compared to the all-time high of $69,000 in November 2021, many people proclaimed Bitcoin dead in the past several months. However, PlanB revealed that each of his crypto investments was at a time when pessimism was reigning. "My first bitcoin investment was in 2015 at ~$400 (yellow circle). Most people said bitcoin was dead. My 2nd investment was in 2018 at ~$4000 when I published the S2F model. Most people said bitcoin was dead. My 3rd investment is now at ~$20,000. Most people say bitcoin is dead." Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst has predicted that Bitcoin is on a bullish path to reach six figures in 2023. Known pseudonymously as Credible, the analyst made the BTC prediction on his Twitter handle while addressing his over 300k followers. "Momentum. Which is why estimates must be within a range- it can vary. I am expecting at least 100k, not 300k+, likely somewhere around 150k-ish. But will know more as PA develops and the move actually starts." Learn more about your ad choices. Visit megaphone.fm/adchoices

A crypto price model for Bitcoin coined DPC (Dynamic Power Cycle) has been updated showing the next projected cycle peak of $350,000 per BTC occurring on October 13th, 2025. "Bitcoin DPC price model - Quarterly update (Oct 2, 2022)  - Current projection: $22K ($13-39K)  - Projected cycle trough (Oct 3, 2022): $22K ($12-38K)  - Projected cycle finish (Apr 25, 2024): $83K ($48-150K)  - Next projected cycle peak (Oct 13, 2025): $200K ($110-350K)" Learn more about your ad choices. Visit megaphone.fm/adchoices

According to the crypto host of InvestAnswers, Bitcoin could hit up to $26,000 over the next four weeks based on the average return for October.  “If Bitcoin can hold in and around its level, it’ll be better than previously… Looking forward to October, the average return for October is 28.42%, which would take the Bitcoin price up to about $25,000 – $26,000. So, we’ll see if it goes there. Twenty-five thousand dollars is where we were not too long ago, and we could easily get back to that level.” In other trending Crypto news today:  XRP jumps 20% in a matter of hours amid SEC’s latest setback in Ripple lawsuit while the Simpsons predict XRP price to skyrocket to $589 EOY. Learn more about your ad choices. Visit megaphone.fm/adchoices

A former hedge fund manager says that Bitcoin could be worth well into the millions of dollars by the year 2031. According to Robert Breedlove, the deterioration of the US dollar (USD) will be the key factor in the king crypto (BTC) price explosion. “I have a public prediction that the US dollar is basically hyperinflated to zero, or close to it, by the year 2035… I’m going to stand by that prediction today. I know the DXY [US dollar index] is way up recently but I sort of expect this thing to get volatile before it breaks down. If that is the case, then I have a matching Bitcoin price prediction of $12.5 million US per Bitcoin by the year 2031.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin bull Max Keiser is predicting the king crypto (BTC) to 20x in price to $400K per coin, and says $220K in 2022 still in play and can happen in a flash, driven by the "Bondpocalypse". "As the global band market melts down all it would take is for 7 - 8% of that fleeing bond money to flow into #Bitcoin to 20x BTC TO $400,000. $220,000 in 2022 still in play, driven by the BONDPOCALYPSE. Bitcoin is decoupling. The move to $220,000 can happen in a flash." Learn more about your ad choices. Visit megaphone.fm/adchoices