1209: TOP CRYPTO TRADER PREDICTS BITCOIN ERUPTION AFTER IMPENDING FAKEOUT!!

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 3 March 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

A widely followed crypto analyst is predicting a big break out for Bitcoin after a quick retest of a lower price level. The crypto trader says that his target price for BTC remains $40,000. “The important thing I’ve lost sight of since Bitcoin had its HTF [High Time Frame] breakout is the effect it’s had on my LTF bias. Whether the stops are triggered and we retest the HTF trend one more time near ~$20,000 or we send higher from here, the end target of $40,000 doesn’t change.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, we'll be discussing why Bitcoin price is down so much in the past 24 hours as I break down the latest technical analysis.
0:08.3	Also, breaking news, the UAE Free Zone to explore Bitcoin payments for corporate registrations, office rent, and other services.
0:16.4	Also, in today's show, we'll be discussing Coinbase cutting ties with Silvergate, forcing the
0:20.9	crypto hedge fund to find a new bank, as well as UK banks, HSBC, has a nationwide ban on
0:28.3	crypto purchases with credit cards. That's right. I'll be breaking down this latest report,
0:32.5	as well as Bloomberg strategist Mike McClone warns that one catalyst can drive the Bitcoin
0:37.3	and crypto prices down.
0:39.0	I'll be sharing his latest warning, as well as Bitcoin on track to fetch the biggest gains
0:44.2	over the coming months based on this one metric according to invest answers. Also in today's show,
0:50.4	top trader Crypto Calio predicts a big Bitcoin eruption after impending fakeout and shares
0:55.9	his target.
0:56.8	We'll also be taking a look at the overall crypto market.
0:59.4	All this.
1:00.2	Plus so much more in today's show.
1:08.5	Hey, what's good, Crypto fam?
1:10.2	This is first and foremost, a video show. So if you want the full
1:13.5	premium experience, visit our YouTube channel at CryptoNewsalerts.net. Again, that's CryptoNewsalerts.
1:21.4	Welcome everyone to podcast episode 12009. I'm your host JV. Today is March 3rd, 2023. And we had quite the big correction in the past 24 hours. I know just like that I saw 200 million in longs liquidated. So now let's dive in and check out what's happening with the market. As you can see here, Bitcoin pulled back over 4%. Currently trading just above 22.3.
1:44.8	We have ether down almost 4%, trading now back under $1,600, massive losses for Dogecoin,
1:51.5	light coin, and sheep.
1:53.3	And also checking out coinmarketcap.com.
1:55.6	We now have the crypto market cap barely sitting above a trillion dollar milestone with
	...

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