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Bitcoin News Alerts | Daily BTC News

1084: THE MIND-BLOWING REASON WHY BITCOIN CAN EVENTUALLY REACH $1 MILLION PER COIN!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 24 October 2022

⏱️ 34 minutes

🧾️ Download transcript

Summary

Back in April, legendary investor Cathie Wood of Ark Invest turned heads in the crypto world with a breathtaking Bitcoin price prediction of $1 million per BTC.  That, of course, was before the market meltdown. Now, six months later, Ark Invest has reiterated its $1 million price target for the king cryptocurrency. After running the numbers, the investment firm concluded that the three basic use cases for BTC support a future market capitalization of $28 trillion, or more than $1 million per Bitcoin. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, we got a lot to cover, including the five things to watch out for in the Bitcoin market this week.

0:07.0

That's right. I'm going to be breaking this down for you, including crypto analysts me Calvin Day Pop.

0:11.2

Bitcoin's still stuck in this range.

0:13.1

Coming week is a large one with all the events, which almost makes it inevitable that will break out of the range.

0:18.7

And quoting on-chain analysts will inclement a new all-time high.

0:22.1

78% of the Bitcoin supply has not moved in the last six months.

0:26.9

Pretty remarkable in the face of the worst macroeconomic backdrop in recent history,

0:31.3

geopolitical uncertainty, and World War III fears.

0:34.7

There is a group of seriously convicted hoddlers out there. That's right.

0:38.7

And quitting plan B. Yes, macro inflation war. But the next Bitcoin having is coming. And in my opinion,

0:45.2

it will again pump BTC. Send it. Also in today's show I'm going to be sharing with you how Zizi

0:50.7

Shang Ping Zhao built Binance. It became the richest person in crypto. That's right. He first

0:55.6

came across Bitcoin in 2013, and it was a bit hard, or he was bit extremely hard, you can say,

1:01.0

by the Bitcoin bug, which led him to sell his house in Shanghai and go all in. Also in today's show,

1:06.7

crypto analysts who called the 2022 Bitcoin crash predicts an imminent rally ahead for Bitcoin,

1:11.2

Ethereum, and issues an alert.

1:12.8

Dex RP Hoddlers quoting crypto capo here.

1:15.2

All I see is a lot of shorts that should be squeezed.

1:17.9

Shorting support is not a good idea.

1:20.0

Send it to 21,000 and then nuke it to 14K.

1:23.3

And he also shares that the price action is looking bullish.

1:26.0

Heat maps looking bullish.

...

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