830: CIRCLE CEO PREDICTS BITCOIN WILL ABSOLUTELY HIT $1 MILLION AND SURPASS GOLD IN MARKET CAP!!

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3.6 • 626 Ratings

🗓️ 30 January 2022

⏱️ 20 minutes

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Summary

Circle founder and chief executive Jeremy Allaire told Insider that the Bitcoin price will absolutely hit $1 million per BTC and that the king crypto will eventually surpass gold in market capitalization. "I'm not a 'bitcoin maximalist', but if you're looking for a price prediction, I think my own view is that we'll absolutely see a million-dollar bitcoin over time." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	In today's show, Bitcoin stays near $38,000 as RSI breakout challenges a boring weekend.
0:06.4	In today's show, I'll be breaking on the latest technical analysis, aka astrology for men, as me Calvin Day Pop shares here, still choppy waters for Bitcoin, looking at 37,000 to see whether that sustains.
0:18.5	If not, I'm assuming we'll test lows for daily bullish divergence
0:21.5	to create. If we hold, we might see a breaker above 38,500 happening. Weekend times equal
0:27.4	boring slash trappy. And as crypto analyst, Matthew Highland shares here, Bitcoin Daily RSI is
0:33.4	currently breaking out of the multi-month downtrenslopen resistance. The two previous breakouts during the past year have led to massive bullish moves. Let's go. And this just in breaking
0:43.1	news, the senator from Mississippi introduces bill to recognize Bitcoin in the state code.
0:48.3	And yesterday I shared Breaking News of Arizona, introduced in a bill to make Bitcoin legal tender.
0:53.8	This is the actual bill you can see here
0:55.7	introduced by Senator Harkins. And as Max Kaiser shares here, once Trump embraces Bitcoin, his win in
1:02.0	2024 is a lock. And he also says that when Trump supports Bitcoin, he immediately wins
1:07.3	Arizona, Texas, Wyoming, and Florida, and counting with more Bitcoin states to come.
1:12.7	Let's get it. And this just in breaking news, Justin Bieber buys a board ape NFT for $1.3 million.
1:19.0	That's right. We're talking about board ape number 3,000. And one he just purchased for 500th.
1:24.9	Also in today's show, Google Cloud launches a digital assets team. That's right. The latest
1:29.7	tech giant to ride the blockchain wave is Google. They announced in a new blog post. We are inspired
1:35.1	by the work already done in the digital asset space by our customers. And we look forward to
1:39.4	providing the infrastructure and technologies to support what's possible with blockchain technologies in the future.
1:45.9	Also in today's show, Circle CEO predicts Bitcoin will hit $1 million and calls Gold a relic and
1:51.9	says he's only just getting started in the world of crypto.
1:54.7	In a recent interview, we'll also be taking a look at the overall crypto market.
1:58.2	As you can see, Bitcoin, Ether, and some of the alts are in the green while some are correcting and in the red.
	...

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