Bitcoin News Alerts | Daily BTC News

Venture capital investor Tim Draper is reasserting his prediction that the Bitcoin price will break well into the six figures over the coming months. Draper says in a new interview that “by the end of this year or early next year,” the king crypto (BTC) will hit a price of $250,000 per coin. The venture capital investor who made early bets on Coinbase, Hotmail, Skype, Tesla and Twitter says that the catalyst will be women increasingly using Bitcoin to shop. Learn more about your ad choices. Visit megaphone.fm/adchoices

He said the so-called crypto winter for Bitcoin is over for now, with a forecast for the #1 cryptocurrency to reach $100,000 by later 2023, in a run higher that could last up to 2025. “I’m not giving a major buy signal, I’m just saying, yes, you can start to buy a little bit,” Lamoureux told MarketWatch in a recent interview. Hovering at $30,000 and off more than 55% from a record high of $68,990 in November 2021, bitcoin meets much of his criteria to exit a bear market, he said. “One of the main things that drives Bitcoin (BTC) is supply,” he said. “There’s less supply, so there’s less coming to the market …that historically has always driven prices higher. What I’m saying is that it’s out of the narrative now.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The crypto analyst who predicted Bitcoin would crash this year is revealing what he thinks will be the bottom price for the benchmark cryptocurrency (BTC). “BTC – Some of the reasons why I think we should see new lows in the coming days: BTC broke the $30,000 support zone, which was the main pivot of the bull run. This is a zone, not a level. It’s between $29,000-$31,000, taking all the wicks. Now it’s testing that zone as resistance.” The analyst says that Bitcoin could drop to as low as $21,000 before it will go up. “The minimum target of the bear flag hasn’t been reached yet ($23,000). You can also see this on altcoins, where some of the main targets haven’t been reached yet.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Predicting the future Bitcoin price is impossible according to the Efficient Market Hypothesis (EMH). So why did S2F model correctly predict a BTC price jump after 2020 halving? And what about 2024 halving? "Interesting poll results: 81% thinks #Bitcoin stays below $500K next 5 years. S2F model predicts $500K+ average after 2024 halving. Very similar to March 2019 when I published S2F model and BTC was below $4K. Majority thought S2F prediction of $55K after 2020 halving was crazy." Learn more about your ad choices. Visit megaphone.fm/adchoices

With the Bitcoin price currently below $30,000, Scott Minerd, the chief investment officer of global investment giant Guggenheim Partners, believes the value of the king crypto (BTC) could further dip to $8,000 per coin. Minerd made the bearish prediction on Monday (May 23, 2022), during an interview on CNBC’s Squawk Box at the World Economic Forum (WEF) annual meeting in Davos, Switzerland. “When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom, so I think we have a lot more room to the downside, especially with the Fed being restrictive”. Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed crypto analyst known for accurately calling the crash of May 2021 is laying out a realistic price path for Bitcoin (BTC) to follow to new all-time highs. The pseudonymous analyst known as Dave the Wave tells his 105,000 followers on Twitter that he foresees a potential scenario where the king cryptocurrency chops around for the next year or so before cracking the $70,000 level around the end of 2023. Based on Dave the Wave’s chart, he believes BTC is capable of reaching a cycle peak near $200,000 around May or June of 2024 or about two years from now. Learn more about your ad choices. Visit megaphone.fm/adchoices

Michael Saylor’s bold multi-7-figure Bitcoin price prediction follows a market-wide crypto bloodbath as Microstrategy’s own BTC position hangs in red. “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.” Once people figure out why bitcoin is superior to everything else, then the institutions are going to come in with large sums of money, and we’re not going to have to struggle through this massive explanation of why we’re different than 19,000 other crypto tokens.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A widely followed analyst and trader says that the crypto market could copy its 2018 playbook. “2022 could very well look like 2018 given the amount of time we could chop around for. I do think that the market is more mature these days than before, though. Overall market structure for trading is better + dexes [decentralized exchanges] + NFTs [non-fungible tokens] + gaming + new usable chains.” Something like this would make sense for me; more people getting bullish on the bearish retest of $35,000 – $40,000 and then price nuking lower.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Rich Dad Poor Dad, best selling author and Crypto bull Robert Kiyosaki remains bullish on the future of Bitcoin despite his warning of BTC testing a new bottom, potentially as low as $9,000 per coin. "I remain bullish on Bitcoin’s future. Waiting for test of new bottom. $20k? $14 k? $11 k? $9 k? Why do I remain bullish? Fed and Treasury are corrupt organizations. They will self-destruct before they regain honesty, integrity and moral compass. Take care. Be aware." Regarding stablecoins and the recent Terra LUNA and Terra UST death spiral, Kiyosaki shared the following: "I was right: “Why STABLE COINS are UNSTABLE.” Just before stable coins crashed I warned they were unstable. Proof I was right is on Rich Dad Radio with friend & Rich Dad’s crypto expert Jeff Wang. The radio show is “Will Crypto Survive” released a week ago. What did I know?" Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular macroeconomic expert Raul Pal, thinks the world is going through a nasty recession period but remains confident that Bitcoin and crypto will be a viable investment class in the long term. “My macro view is that we’re in recession, it’s going to be pretty nasty. The Fed shouldn’t have done what they did but the bond market tightened for them anyway – the Fed didn’t actually do it, the bond market did it all. The Fed are going to have to unwind this mess, but it could get messy at first. Using all the technical indicators that I look at, my view is if we are going to reach a proper bounce or a low, it happens in June. So we’ve got between now and June for everyone to freak out.” Learn more about your ad choices. Visit megaphone.fm/adchoices