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Bitcoin News Alerts | Daily BTC News

718: BITCOIN WILL DOUBLE TO 6-FIGURES IN LATE 2021 OR EARLY 2022, PREDICTS STANDARD CHARTERED!!!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 8 October 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Bitcoin will surge 115% from current levels to $100K either late this year or early next year, and could reach $175K in the long term, Standard Chartered's crypto research team has forecast. The bank's team said it "structurally" values bitcoin between the range of $50K to $175K. "Cyclically, we expect a peak around $100K in late 2021 or early 2022," they shared. 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

In today's show, Bitcoin price hits $56,000 as the Bulls return and talk focuses on Bitcoin

0:05.4

ETF approval. That's right. Bitcoin returned to beat the week's four-month highs on October 8th,

0:09.9

climbing $2,000 in two hours. In today's show, I'll be breaking down the latest technical analysis

0:14.6

from on-chain analyst Willie Wu and Alex Kruger. And as Galaxy BTC points out here,

0:19.8

I think we have another Bitcoin pump

0:21.0

coming right away. A brutal one, if I must say, 55,000 by daily close, 60,000 over the weekend. Why not?

0:29.2

And as Max Kaiser shares here, symbol for Satoshi should be a tilde. It looks enough like the sign for

0:34.1

infinity and it's on every keyboard. One million tilda equals one million

0:39.0

sats. Also in today's show, we'll be discussing why the Bitcoin price soared 35% in days.

0:44.2

According to J.P. Morgan, their analysts go on to share. Institutional investors appear to be

0:48.6

returning to Bitcoin, perhaps seeing it as a better inflation hedge than gold. Also in today's

0:53.6

show, breaking news.

0:54.7

The SEC just approved an ETF that just includes companies that hold or operate with Bitcoin.

1:00.0

25% of the fund will be micro strategy stock. That's right. Regulators have given the green light on the Volt Equity ETF, providing exposure to Bitcoin centric companies.

1:09.4

Also in today's show, Bitcoin will double to

1:11.4

$100,000 by early next year, and Ether could hit as much as $35,000. That's right, according to

1:17.5

standard chartered, Bitcoin will surge 115% from its current levels to six figures, either late this

1:22.9

year or early next year and can reach as much as $175,000. I'll be breaking this down for you,

1:28.7

as well as the latest Bitcoin end of year. Price predictions. I'll be sharing the results from

1:32.6

this recent poll. I shared on crypto Twitter. We'll also be taking a look at the overall

1:36.1

crypto market. As you can see, Bitcoin is pumping and in the green along with Ethereum.

1:40.8

As many alts are currently correcting and in the red. But where's the Bitcoin price? Likely to go next. Find out all this. Plus so much more in today's show. Hey, what's good,

...

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