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Bitcoin News Alerts | Daily BTC News

1091: CRYPTO ANALYST PREDICTS BITCOIN TO TRIPLE IN PRICE TO $63K - HERE’S WHEN!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 1 November 2022

⏱️ 25 minutes

🧾️ Download transcript

Summary

The popular crypto analyst and host of the InvestAnswers YouTube channel says that Bitcoin could easily go on a 3x rally before the next BTC halving event. In a new strategy session, the analyst tells his 444,000 YouTube subscribers that strong BTC rallies usually precede Bitcoin’s halvings, an event when miners’ block rewards are cut in half and therefore crunching future supply. According to the analyst, historical precedence based on the halving dates places Bitcoin around the $63,000 level by March of 2024, which would be more than a 200% gain from current prices. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:02.2

Welcome everyone, just tuning in.

1:06.8

In today's show, soaring inflation data could trigger the next Bitcoin collapse,

1:10.0

says analyst Benjamin Cohen and shares his target.

1:10.8

That's right. Cohen warns that instead of breaking out,

1:13.0

surging, CPI, and more hawkishness from the Fed could trigger another leg down for BTC. And his target is

1:19.1

$14,000 in such a scenario. And we closed the month of October at 20,498. So welcome to Moon Vember. And check this out breaking news. China and Russia

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