1171: TOP CRYPTO ANALYST DETAILS MASSIVE BITCOIN TARGET, SAYS MAJOR PARADIGM SHIFT UNDERWAY!!

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 22 January 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A closely followed crypto strategist says a major shift in trend could be underway for Bitcoin (BTC). “We are now breaking the largest falling wedge in Bitcoin’s history. It stems back from 2021 to 2022 to 2023… We are starting to break out. We’ve got to, of course, get some daily and weekly closes above this trendline, but this could be a major paradigm shift for the price of Bitcoin. And really, the most interesting part about this is if you take the falling wedge measurement for the target and you bring it over to the breakout zone, it exceeds $50,000. That’s just what the textbook says… The largest falling wedge in BTC history has a target of $50,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	In today's show, Bitcoin due for a new big rally as the RSI copies the 2018 bare market recovery.
0:06.8	That's right.
0:07.4	And check it.
0:08.3	Bitcoin hash rate just hit yet another all time high.
0:11.3	And as they say, Bitcoin price follows the hash rate.
0:15.0	Also breaking news, Central African Republic is legal framework for crypto adoption.
0:20.1	That's right.
0:20.6	A 15 member committee is tasked with working on a legal framework for crypto adoption. That's right. A 15-member committee is tasked
0:22.2	with working on a legal framework that will allow cryptos to operate in the Central African
0:26.3	Republic to expedite the development of the national economy. And more big breaking news,
0:31.8	Binance Swift banking partner set the ban USD transfers below $100,000. That's right.
0:38.0	Finance stressed that the credit and debit card payments will continue to be accepted
0:41.9	and that the non-USD bank transfers will still be processed through the SWIF payment system.
0:47.5	I'll be breaking this down for you.
0:48.9	Also in today's show, on-chain metrics flashing crypto market bottom signals,
0:52.7	but the macro environment is still wobbly,
0:55.4	according into the block. Also be breaking this down for you, as well as Ethereum on the verge of
1:00.1	a huge milestone following the bullish start, the 2023. Also in today's show, top crypto analyst
1:05.8	details massive Bitcoin target and says a major paradigm shift is potentially underway. Quoting Kevin
1:11.9	Svenson here, that's just what the textbook says. The largest falling wedge in Bitcoin's
1:16.4	history has a target of $50,000. We'll also be taken a look at the overall crypto market.
1:22.2	All this plus so much more in today's show.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Justin Verrengia, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Justin Verrengia and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.