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Bitcoin News Alerts | Daily BTC News

701: BITCOIN ‘HEAVY BREAKOUT’ FRACTAL SUGGEST BTC PRICE WILL HIT $250K-$350K IN 2021!!!!

Bitcoin News Alerts | Daily BTC News

Justin Verrengia

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 21 September 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

Bitcoin has the potential to push its prices to between $250K-$350K by the end of 2021, a long-standing fractal suggests. The analogy appeared in anticipation that Bitcoin could post a 2017-like bull run, in which the price rose by more than 1,900%. "Somewhere 2017 we are. Heavy breakout to come at a later stage to ~$250-350K and then landing on $65K in the bear market for Bitcoin." For complete show notes and for the full premium experience with video, visit 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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0:03.5

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0:25.5

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0:30.2

There are days when you're hungry for McDonald's.

0:33.8

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0:38.2

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0:39.9

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0:45.5

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0:47.8

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0:50.2

In today's show, Crypto Markets Nosedive.

0:52.6

Here's how far Bitcoin can fall before analyst Justin Bennett flips bullish on BTC.

0:57.9

That's right.

0:58.4

As the crypto markets plunge alongside stocks and equities, analyst Justin Bennett says he plans on flipping bullish on Bitcoin once it drops to a certain price level.

1:06.8

That price level is $39,000.

1:09.3

I'll be breaking this down for you.

1:10.5

And as on-chain analysts, when Clemente shares here, Bitcoin is now just $5,000 away

1:15.0

from my floor model and $145,000 away from my top model, sell-off driven by Evergrand

1:20.9

Worry's supply dynamics set up for the next few months unchanged.

...

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