Bitcoin News Alerts | Daily BTC News

Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the Bitcoin price falls to $10,000. “We’ve already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems,” he explained. The billionaire bond king explained that when the BTC price fell below $30K, its chart indicated that $20K “was going to happen quickly, and it did.” Emphasizing that “The trend in crypto is clearly not positive,” Gundlach opined: "I’m not bullish at that $20,000 or $21,000 on bitcoin. I wouldn’t be surprised at all if it went to $10,000." Learn more about your ad choices. Visit megaphone.fm/adchoices

Microstrategy CEO and Bitcoin mega bull Michael Saylor debunked the rumor that his company is close to having to liquidate its BTC to meet a margin call for a Bitcoin-backed loan. The rumor intensified as the price of the king crypto (BTC) continued to plummet after the weekend sell-off. However, Saylor tweeted Tuesday: "When Microstrategy adopted a bitcoin strategy, it anticipated volatility and structured its balance sheet so that it could continue to hodl through adversity." The Bitcoin price dipped below the $21K level this week. However, Microstrategy told Reuters Tuesday that it has not received a margin call, emphasizing: "We can always contribute additional bitcoins to maintain the required loan-to-value ratio." Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed crypto capitalist is issuing a warning that Bitcoin (BTC) and Ethereum (ETH) are on the verge of another massive sell-off event despite being down big from their all-time highs. Former BitMEX CEO Arthur Hayes says that he’s keeping a close watch on on-chain data using decentralized finance (DeFi) analytics platform Parsec. If these levels break, $20,000 BTC and 1,000 ETH, we can expect massive sell pressure in the spot markets as dealers hedge themselves. We can also expect that there will be some over-the-counter dealers and that will be unable to hedge properly and might go belly up.“ Learn more about your ad choices. Visit megaphone.fm/adchoices

The veteran crypto trader who accurately called the Bitcoin 2018 meltdown is issuing a fresh warning that a severe correction could be looming for the king cryptocurrency (BTC). Seasoned market analyst Peter Brandt tells his 651,800 Twitter followers Bitcoin must recover its May 31st high of around $32,000 to avoid the risk of a massive capitulation event, sending Bitcoin to a low of $12,700. “Unless Bitcoin (BTC) can close above the May 31st high, this chart could become a textbook example of the famed ‘Drano’ chart pattern.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Economist and gold bug Peter Schiff has made some dire predictions about crypto, particularly Bitcoin and Ethereum. He explained that “The need to sell Bitcoin to pay the bills will only get worse as the recession deepens,” adding that the king cryptocurrency (BTC) is poised to crash to $20K while Ether will sink to $1K. "With Bitcoin dropping below key support at $25K and Ethereum below 1300, the combined market cap of nearly 20K cryptos has broken below $1 trillion, from a record-high of $3 trillion. That's $2 trillion down, $1 trillion left to go. The last trillion will be the most painful." Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Novogratz, the CEO of the crypto investment company Galaxy Digital, has recently predicted that the next bull cycle of Bitcoin (BTC), the largest cryptocurrency by market cap, could start in the fourth quarter of 2022. Novogratz shared this opinion at the Consensus 2022 conference in Austin, Texas. According to the billionaire investor, Bitcoin is not going to trade well until the Federal Reserve takes a break. “My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. Then Bitcoin will break from equities and lead markets… Rates are going to 5% in the U.S. I hope crypto can decouple.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The CEO of global investment manager VanEck, Jan van Eck, is reportedly expressing optimism that the Bitcoin price will rise to stratospheric heights. The VanEck CEO says that Bitcoin could rally by around 732% from current levels to reach $250,000 per coin, according to a report by business publication Barron’s. “Investors see it as a complement to gold. That’s the short version. Bitcoin has limited supply; the supply is visible. And it’s very hard, almost impossible, to change that. Bitcoin will go to half the market cap of gold, or $250,000 a Bitcoin, but that could take decades. It’s hard to put a timeframe on it.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Unapologetically bullish Bitcoin bull and MicroStrategy CEO Michael Saylor, whose own comments to mainstream media firmly brushed aside any suggestion of permanent price downside, says the king crypto (Bitcoin) is going to a million dollars per coin. Those who claimed that Bitcoin would be banned or go to zero, he told CNBC on June 8, had already been “discredited.” “If the deniers are wrong and the skeptics are wrong — and it’s pretty obvious they’re both wrong at this point — it’s not going to zero, and if it’s not going to zero, it’s going to a million,” Saylor forecast. Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto strategist who accurately predicted Bitcoin would slice through $30,000 last month says BTC looks poised to capitulate even after its latest rally. Pseudonymous cryptocurrency analyst Capo tells his 335,700 Twitter followers he expects Bitcoin to print a fresh 2022 low once BTC bears take out support at $28,500. “Clean range. What is happening inside the range and what has happened at the range high shows that this is clear redistribution range. Clean break of the range low = last leg down confirmed = $21,000-$23,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A crypto strategist who accurately called Bitcoin’s May 2021 meltdown is now predicting a potential rally that could send BTC toward its long-term diagonal resistance. Pseudonymous analyst Dave the Wave tells his 112,100 Twitter followers Bitcoin is trading within an ascending channel and potentially gearing up for a short-term rally to his target. According to the cryptocurrency strategist, his target of $39,547 is “speculative” and is only valid as long as the channel holds. Learn more about your ad choices. Visit megaphone.fm/adchoices