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Bitcoin News Alerts | Daily BTC News

673: BITCOIN WILL SURGE 500-800% IN MASSIVE SUPERCYCLE IF BTC MIMICS 2013 BULL MARKET!!!!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 24 August 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Dan Held at crypto exchange Kraken, says that Bitcoin could surge by over 500% if BTC follows the cycle of its 2013 bull run. “If we repeat 2013, we could see Bitcoin hitting between $300,000-$400,000 Bitcoin. Now. history usually rhymes, it doesn’t repeat itself, so it’s probably not going to be exactly that, but if it did, that would be my best price point. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:22.8

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0:29.7

In today's show, here's what traders expect now, that the Bitcoin price has rallied back

0:34.2

above. $50,000, crypto analytics platform, decent trader, shared the

0:39.1

following. Bitcoin is still not green on the daily time frame for predator and approaching

0:43.3

an area of resistance on Moonraker. Price currently not supported by enough volume to push it

0:47.9

pass. 52,000. Taking a break here and we have support at 48K, 44K, and worst case, 41,000. And as rookie

0:55.6

XBT shares, Bitcoin 75,000 USD by end of year, inevitable. And Max Kaiser is sticking

1:02.1

with his $220,000 Bitcoin price prediction for 2021, still in play. Also in today's show,

1:08.5

bearish case for Bitcoin is fading as long-term hoddlers dominate the

1:11.9

Bitcoin supply on-chain analysts. Willem-C shares the following. Supply held by long-term Bitcoin

1:17.2

Hodllers has reached the new all-time high. These entities now hold over 12.6 million BTC. That's 67% of

1:23.6

the supply, 84% when adjusting for lost coins. Also in today's show, Bitcoin bullish

1:28.9

crossed on the weekly chart paints at $225,000. Bitcoin price target if history repeats.

1:35.5

That's right. The weekly MACD delivered six-month gains of 450%. The last time it flipped

1:40.2

into bullish territory like this. And as you can see here, should history repeat itself,

1:44.7

Bitcoin could end up over 220,000 as Max Kaiser predicts by the end of the year or by early

1:50.6

2022. Also in today's show, Crackens Dan Held predicts Bitcoin surging over 500% if Bitcoin

1:57.4

mimics the 2013 bull market. He was recently interviewed by Altcoin Daily and where he compares the current state of the crypto market to what happened back in 2013, quoting him right here.

2:07.6

If we repeat 2013, we can see Bitcoin hitting between $300,000 and $400,000 Bitcoin.

2:13.3

Now, history usually rhymes.

2:15.0

It doesn't repeat itself, so it's probably not going to be exactly that.

...

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