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Bitcoin News Alerts | Daily BTC News

1232: TOP CRYPTO ANALYST PREDICTS 1 BITCOIN COULD EQUAL 400 OUNCES OF GOLD - HERE’S WHEN!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 26 March 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Closely followed analyst Dave the Wave says evidence points toward Bitcoin (BTC) entering into a new bullish chapter as crucial long-term indicators flip green. Looking at the longer term, the popular analyst says that another way to look at Bitcoin’s price performance is to price it in gold, rather than in US dollars. He posits that over the course of about 20 years, BTC could reach the same market cap of gold, implying about a 22X price increase. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:29.6

In today's show, analyst Benjamin Cohen issues an altcoin warning and says that regulatory uncertainty means that Bitcoin steals the show. And this just

0:38.6

in, U.S. Senator reintroduces legislation to prohibit the Fed from issuing a CBDC, quoting him here.

0:45.1

The U.S. doesn't need to create a CBDC to know it's a bad idea. Also, more breaking news days

0:50.5

after a Russia-African conference in Moscow, President Ruto of Kenya issues the following

0:55.6

warning. People holding dollars might go into losses because this market is going to be different

1:01.1

in a couple of weeks. Keyword, a couple of weeks. Also, Bitcoin being poised to blow up Africa's

1:06.8

$86 billion banking system, as reported by CNBC, and quoting Max Kaiser, Bitcoin has never

1:13.3

been in a bare market. The price follows the hash. Bitcoin purchasing power is mathematically

1:17.8

guaranteed to rise over time against everything else, mathematically guaranteed. Also in today's

1:24.0

show, Do Quant to reportedly appeal against the court's decision to extend his detention after recently being arrested.

1:30.3

Also, billionaire venture capitalist Tim Draper tells businesses to keep their payroll in Bitcoin.

1:35.2

We'll also be discussing top trader says the Bitcoin is flashing a 2020-style accumulation prior to breaking out to new all-time highs, as well as another trader who nailed the 22 Bitcoin

1:45.4

bottom says Bitcoin disbelief rally is underway and shares his targets, including a six-figure target.

1:51.6

We'll also be discussing Bitcoin could be entering a new bullish phase, according to analysts who called the May 2021, Bitcoin crashed.

1:58.1

That's right. He says he will bet Bitcoin can reach the same 13 trillion market cap as gold,

2:03.4

implying a 22x price increase will also be taking a look at the overall crypto market.

2:08.9

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

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