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Bitcoin News Alerts | Daily BTC News

1330: “Bitcoin to $200,000 Possible After SEC Crackdown” - Tom Lee

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 2 July 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

The Bitcoin price could climb to $200,000 after the U.S. Securities and Exchange Commission (SEC) cracked down on cryptocurrency exchanges, according to Fundstrat head of research Tom Lee. Commenting on Cathie Wood's hugely bullish outlook for BTC - the Ark Invest CEO holds a $1 million target for Bitcoin — he said that her rationale isn't misguided. "I think her idea of network value for Bitcoin and scarcity still argues that, if this isn't an upcycle, her numbers are correct, you know, something in the $200,000-plus range," he said. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Bitcoin was created as perfect money and always will be. In today's show, I'll be breaking down the latest technical analysis as Bitcoin holds on strong to $30,500.

0:11.1

And quoting Max Kaiser, there's only one country that passed law stating, only Bitcoin has money and everything else is an illegal, unregistered, isch coin.

0:19.0

If you live in a country other than El Salvador, you'll

0:21.8

never know what it's like living in a free, prosperous, secure Bitcoin country. Don't die,

0:27.3

a fiat money martyr in some U.S. Dump. Also in today's show, Vitalik Bouturin declares he is not

0:33.3

staking all of his eth, but merely a small portion. We'll also be discussing trillions of dollars

0:38.6

could flow into the alt-coin markets as crypto flashes a gorgeous chart, according to Macroguer

0:44.4

Raul Powell. Also, massive rumors circulating on crypto Twitter right now that the SEC Chairman

0:49.9

Gary Gensler resigns amidst the ongoing scandal. I'll be breaking this down for you.

0:55.1

We'll also be discussing analysts who called May 2021 collapse predicts a light coin rally.

1:00.4

It says Bitcoin is on track to surge to $150,000.

1:04.2

I'll be breaking this down for you.

1:05.8

As well as Bitcoin price prediction from FundStrax Tom Lee.

1:09.4

In a recent interview, he says that $200,000 per

1:12.3

Bitcoin is possible after SAC crackdown on exchanges will also be taking a look at the overall

1:18.3

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

1:33.6

Hey, what's good, crypto fam? This is first and foremost, a video show. So if you want the full premium experience, visit our YouTube channel at CryptoNewsalerts.net. Again, that's CryptoNewsalerts.net.

1:42.0

Welcome to everyone just tuning in. This is pod episode number 1300.

1:46.0

And 30. I'm your host JV. And today is July 2nd, 2023. What's good, make sure to say hello in the

1:53.3

live chat. Now let's dive into today's market watch. We got Bitcoin just starting to crack right

1:58.3

now down a quarter of a percent trading at roughly 30,500.

2:02.7

We also have ether down a half a percent. Trading just above 1,900 with light coin leading

...

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