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Bitcoin News Alerts | Daily BTC News

801: BITCOIN HAS RISEN 7%-36% FIRST WEEK OF JANUARY EACH YEAR SINCE 2018!! BTC TO EXPLODE 400% IN 2022!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 31 December 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

BTC analysts are highlighting the potential for a green first week on the crypto markets in January as part of what economist and trader Alex Krüger calls the “first week of the year effect.” Krüger pointed out in a Wednesday tweet that for the past four years straight, Bitcoin (BTC) has enjoyed positive returns in the first week of January ranging from 7% to 36% between 2018 and 2021. 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

In today's show, Bitcoin gains $1,500 in under an hour as Bitcoin price erases days of downtrend.

0:06.3

In today's show, I'll be breaking down the latest technical analysis.

0:09.0

And as crypto analysts are at Capital shares here, the 44 to 47,500 Bitcoin price area

0:14.2

figured as resistance in February, August, and September.

0:17.9

After initial rejection there, Bitcoin would break beyond this resistance to new highs.

0:22.3

This was when the price area was a resistance. Now the same area is acting as support.

0:27.0

And as pointed out here by Plan B, Happy New Year. 21, Bitcoin up 60%. Real estate, up 35%. Stocks up 27%.

0:35.3

Bonds down 2%. And gold, negative 4%. Take that, Peter Schiff. Also, this just

0:41.4

in breaking news. SEC Commissioner Hester Pierce says, I don't understand why a spot Bitcoin

0:46.7

ETF hasn't been approved yet. I know the answer to that question is called corruption.

0:51.9

Just saying. Also in today's show, Bitcoin sees nonstop end of the year buying

0:56.1

as 10,000 Bitcoin leaves Coinbase in a single day. That's right, data from on-chain monitoring

1:01.0

resource coinglass shows Coinbase's professional trading armed Coinbase Pro shedding 9,9,925 BTC in the 24 hours

1:09.0

to New Year's Eve, as well as finance adding 6,000 BTC in December.

1:14.0

Also in today's show, Bitcoin has risen 7 to 36% in the first week of January each year since 2018.

1:20.5

As pointed out here by Alex Kruger, first week of the year effect, Bitcoin returns first week of 2021 with 36% 2020 with 13% 2019 with 7% and

1:31.2

2018 with 18%. Bears kills Santa, but have you heard of the wise man? Also in today's show,

1:37.7

one catalyst could drive the Bitcoin price to explode by over 400% next year in 2022,

1:42.7

according to crypto billionaire. Brock Pierce, quoting him here

1:45.7

from a new interview with Fox Business News. I would not be surprised if we saw Bitcoin

1:49.9

price next year over $100,000. It's even conceivable that it can break $200,000 for a moment

1:56.3

and probably fall back again. I'll be breaking this down for you. We'll also be taking a look at the

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