1108: BITCOIN HALVING WILL SEND BTC SKYROCKETING TO $150K REVEALS MAJOR CRYPTO HEDGE FUND!!

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Bitcoin News Alerts

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3.6 • 626 Ratings

🗓️ 19 November 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Right now, most crypto investors would be grateful for the Bitcoin price to reach $20,000. The spectacular collapse of cryptocurrency exchange FTX has pushed down the price of BTC to the $16,000 level. And some traders are now suggesting that Bitcoin could touch $15,000 or lower before it ever sees $20,000 again. So it's interesting to see that California-based crypto hedge fund Pantera Capital is putting out what seems to be -- at first glance -- a ridiculously high price target of $149,000 for Bitcoin. According to Pantera Capital, the one catalyst that has the potential to drive Bitcoin significantly higher in the near-term future is the next Bitcoin halving, scheduled to take place in March 2024. But just how realistic is this price target? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The £5 pound meal deal from McDonald's.
0:02.7	Get a cheeseburger or mayo chicken,
0:04.7	medium fries, four McNuggets and a medium soft drink for guess what?
0:08.4	That's right, five pounds.
0:11.3	It's not called the £5 meal deal for nothing.
0:14.8	From 11am.
0:15.8	Not available on delivery.
0:16.8	Carbonated soft drink upgrade fees apply.
0:18.4	Participating restaurants, subjects availability.
0:22.0	Adobe Express is the quick and ED Create Anything app.
0:25.7	It's a game changer for my business, my go-to for creating content.
0:30.0	From social posts to images, videos, flyers, whatever I need to stand out.
0:36.0	With customizable templates and smart features, it saved me endless hours.
0:40.7	And the best it, it's free.
0:44.2	Search for Adobe Express to find out more and get started today.
0:49.9	Happy Saturday, Stackin' Sat's Day, my crypto fam.
1:12.2	And in today's show, Bitcoin scarcity rises as bad exchanges take 1.2 million Bitcoin out of circulation. That's right. In fact, over 150,000 Bitcoins were taken off the exchanges in the last two weeks. Also in today's show, Bitcoin sees record stock the flow miss as Bitcoin price model craters off the FTX blip. That's right. According to the stock the flow model, the price right now
1:17.3	should be $72,200, but the actual Bitcoin price is $16,600. According to Plan B, it feels like
1:25.0	the world ended, but FTX will probably be just a small blip on the long-term radar. Also in today's show, Sam Bankman-Fried's lawyers terminate FTX representation due to conflicts of interest. Quoting the lawyer here, we inform Mr. Bankman-Fried several days ago after the filing of the FTX bankruptcy that conflicts have arisen that precluded us from
1:45.6	representing him. Also in today's show, billionaire venture capitalist Tim Draper says one catalyst
1:51.1	will trigger a 1400% Bitcoin price explosion. That's right. In a new Bloomberg interview,
1:57.9	Draper unveils what he believes would be the catalyst that fuels a Bitcoin
	...

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