Bitcoin News Alerts | Daily BTC News

Bitcoin dropping to $25,000 or lower is unlikely thanks to hodl'ers hoping for all-time highs, not speculative traders, new research says. Quoting on-chain cryptocurrency analyst Root on Crypto Twitter: "With the HODL Army growing it's allowing us to make new ATH's (69k top) without barely any STH's in the market. Since we didn't reach prices above 100K, which so many expected, many still believe this will eventually happen and might therefore hold on to their coins." Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular cryptocurrency analyst Michaël van de Poppe is predicting rallies in XRP and Litecoin (LTC) and says one key metric will spark the next big bull phase of Bitcoin and the entire crypto market. According to him, the US dollar index (DXY), which pins the USD against a basket of fiat currencies, needs to reverse course on its nearly 1-year long rally. “Still waiting for this one to turn around, then the party of crypto will begin.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin could hit $100K within a year, the CEO of crypto lending firm Nexo has predicted. Antoni Trenchev told CNBC he thinks the world’s biggest cryptocurrency can surge above $100,000 “within 12 months.” He said that BTC could fall in tandem with traditional financial markets as the Federal Reserve unwinds its massive stimulus policy. But eventually, a “crash” in stocks could force to the Fed back into easing, he said. Learn more about your ad choices. Visit megaphone.fm/adchoices

In a panel at the Miami 2022 Bitcoin conference with Ark Invest’s CEO Cathie Wood last Thursday, Michael Saylor said he was “more bullish than ever on Bitcoin” and agreed with Wood’s prediction that the King Crypto could reach $1M per coin by 2030. MicroStrategy, together with its subsidiaries, currently holds 129,218 bitcoins on its balance sheet, with a total purchasing cost of $3.97 billion for an average of $30,700 per BTC. Learn more about your ad choices. Visit megaphone.fm/adchoices

The CEO of centralized finance platform Celsius Network (CEL) is predicting a six-figure price for Bitcoin (BTC) later this year. In a Kitco News interview, Celsius head Alex Mashinsky says that Bitcoin will surge above $100,000 before the end of 2022 if it can overcome several key psychological resistance levels. “I think we’re definitely going to hit all-time highs. All-time highs are not that far from where we are, it’s $67,000. And the question we don’t know is what happens afterward. How much resistance we’re going to have at $70,000, $80,000, $90,000. I think we are going to break $100,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The analyst who called the May 2021 crypto market collapse says there’s now a case to be made for the king cryptocurrency (Bitcoin) to rally its way to the $135,000 level. The closely followed pseudonymous analyst known as Dave the Wave tells his 96,000 Twitter followers that based on one theory, BTC could top out roughly 229% above current price levels about a year from now. By drawing straight, long-term trend lines through each Bitcoin bull cycle, Dave the Wave identifies each cycle’s bottom, top, and bear market bottom. “One for the bulls. The ‘BBT’s project a 135K target mid next year~” Learn more about your ad choices. Visit megaphone.fm/adchoices

Macro guru Raoul Pal is calling Bitcoin / Crypto the fastest growing asset class in human history and predicts gargantuan growth for the cryptocurrency markets by 2030. The Real Vision CEO says Crypto markets could 100x from current levels and reach a $200 trillion market cap, even if there are slow years along the way. “We’re at 300 million active users worldwide in digital assets. Essentially, it’s growing at 185% [per year]. We get to 600 million-plus, call it 750 million, by the end of this year. Even if we have a slow year – we get to 500 million. The year after, it’s a billion. The year after that, it’s two billion. Year after that – four billion. The speed at which this is coming, people do not comprehend. And the movement, I think, from the $2 trillion asset class today to the $200 trillion asset class that’s [Jeff Dorman’s] talking about is by the end of the decade." Learn more about your ad choices. Visit megaphone.fm/adchoices

Billionaire Paypal co-founder Peter Thiel shared his list of enemies stopping the king crypto (Bitcoin) from rising 100x Thursday while speaking at the BTC 2022 conference in Miami, Florida. "We are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here." “The central banks are going bankrupt. We are at the end of the fiat money regime,” he said. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Novogratz has once again reiterated his support for the $500,000 future prediction for the king cryptocurrency. The Galaxy Digital CEO who was recently at the BTC 2022 conference held in Miami had spoken in favor of the cryptocurrency once more, highlighting the future potential of the digital asset. Novogratz did not stop at $500,000 though. The Bitcoin proponent and maximalist also explained that he expects the digital asset to eventually reach as high as $1 million apiece. Learn more about your ad choices. Visit megaphone.fm/adchoices

The next projected Bitcoin bull market cycle peak target for the king crypto (BTC) is between $250K - $770K with a median average of $440K on October 24th, 2025. "Bitcoin DPC price model - Weekly update (Apr 2, 2022) - Current projection: $47K ($27-83K) - Projected cycle trough (Dec 21, 2022): $21K ($12-36K) - Projected cycle finish (Apr 24, 2024): $59K ($34-104K) - Next projected cycle peak (Oct 24, 2025): $440K ($250-770K)" Learn more about your ad choices. Visit megaphone.fm/adchoices