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Bitcoin News Alerts | Daily BTC News

1202: BITCOIN EYES 25% OF WORLDS WEALTH IN NEW $10 MILLION BTC PREDICTION!!

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 23 February 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Bitcoin can hit $10 million per BTC or more as it eats 25% of the global wealth, new crypto analysis has concluded. “My conservative estimates suggest an outrageous full potential for Bitcoin’s price: $10m/Bitcoin, in today’s dollars. To put this another way, I believe Bitcoin’s full potential is to eat ~25% of the world’s value… while today it constitutes just 0.05%. That’s absurd. That means that I believe Bitcoin could 500x over the coming decades, in real (inflation-adjusted) terms.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

What's good and what's popping, my crypto fam, hal it you boy in the live chat. In today's show,

0:05.6

Bitcoin on-chain data is showing why 24-7 is a major resistance for Bitcoin as I break down

0:10.9

the latest technical analysis will also be discussing XRP co-creator post a cryptic message on the

0:17.4

survival of ripple amid an SEC. Crypto battle will also be discussed in Paraguay

0:22.2

to become top Bitcoin mining hub in Latin America, according to the Insight Group. I'll be breaking

0:27.0

down this latest report, as well as on-chain analyst Willy Wu, says Bitcoin, short squeeze now

0:32.0

on the table as Bitcoin indicators flip bullish. We'll also be discussing top crypto analysts,

0:36.8

says $610 billion in Bitcoin and crypto could be wiped out in a worst case scenario.

0:42.3

We'll also be sharing Bitcoin eyeing 25% of the world's wealth and a new $10 million Bitcoin price prediction.

0:49.8

All this plus so much more in today's show.

1:02.6

Yeah. this plus so much more in today's show now let's dive right into today's crypto market watch as you can see right here bitcoin currently trading at roughly 24,000 we have ether up 1.6%

1:10.4

trading above 1650 starting to see a little pumpage.

1:13.7

Today should be a big day as news is about to hit. We have Binance coin and many of the coins,

1:19.3

but barely in the green. And checking out coin market cap.com, you can see we're sitting at about

1:24.4

$1.1 trillion with about $62 billion in volume with the past 24 hours,

1:29.5

with the current Bitcoin dominance at 42.2%.

1:31.7

And the ether dominance at 18.5%.

1:34.9

And checking out the top 100 crypto gainers in the past 24 hours.

1:38.8

Optimism up 16%, trading at $2.91.

1:42.7

Engine coin surgeon up 14%, trading at 54 cents and stacks of 11% trading at

1:48.8

84 cents and checking out the top 100 crypto gainers for the past week. We can see optimism 14%

1:55.4

engine 14.4% and Lido down up 10.4%. Checking out the crypto grid Greed Inferred index, we're currently rated at 56 in greed. Yesterday at 59, last week at 62, and last month a 52, which is neutral. So there you have it. Welcome to everyone just tuning in. This is pod episode number 11. I'm sorry, 1,2002. Time sure flies. I'm your host, JV. Today is February 23rd. Let's dive into

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