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Bitcoin News Alerts | Daily BTC News

848: BITCOIN NOW READY TO SURGE, CRYPTO ANALYST PREDICTS PARABOLIC RALLY, UPDATES MASSIVE PRICE TARGET!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 17 February 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

A popular crypto strategist and trader is predicting that a parabolic rally is in store for Bitcoin in the coming months as he unveils his huge price target for BTC this year. “The prices are going to start moving higher, getting back above this previous resistance range, setting in new all-time highs, and potentially making that range support and having one final spring-up rally going into the close of the year sometime in November. That’s our target. We’ve been talking about Bitcoin reaching $150k, $200k in that time frame.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, Bitcoin price likely to start the next push-up if $42,000 holds as support.

0:05.9

And as pointed out here by Credible Crypto, strong moves up, shallow pullbacks, continuation.

0:09.8

As long as $42,000 holds, low time frame wave structure indicates we're likely starting the next push-up.

0:16.5

And as Calib shares here, Bitcoin in the four-week Williams percentage are oscillator,

0:21.6

are flashing an exciting signal when there is a full oscillation from oversaw to overbought, it indicates a momentum thrust.

0:27.4

There are six occurrences since January of 2020 after the weekly thrust. The average one-month

0:32.3

return is 25 plus percent. Also, as pointed out here by Kevin Svensson, the change in trend, the change in

0:38.4

sentiment, the change in market behavior is undeniable now. The disbelief stage is upon us. And this just

0:44.2

in breaking news, former Russia Minister of Finance says banning Bitcoin would be like banning

0:49.1

the internet. And also more breaking news, President Nigiboukele lashes out after U.S.

0:53.8

senators introduced legislation

0:55.6

investigating El Salvador's Bitcoin law. The president responded, OK, boomers, you have zero jurisdiction

1:01.7

on a sovereign and independent nation. We are not your colony, your backyard, or your front yard.

1:07.1

Stay out of our internal affairs. Don't try to control something. You can't control. And the

1:11.5

president also says that Ukraine is just a distraction while the real war is against. Vax mandates.

1:17.8

Preach. And this meme sums it up pretty well. IMF a few weeks ago. El Salvador adopting Bitcoin is a

1:23.0

grave risk to its stability and economy. U.S. Senators now, El Salvador adopting Bitcoin is a grave risk to

1:28.4

our stability and economy facts. And as Plan B shares here, Canada might be the next Cyprus moment for

1:34.0

Bitcoin. In 2013, the price of Bitcoin shot up when the Cyprus financial crisis let the fears

1:39.0

of a run on the banks. And as the Binance CEO shares here, Bitcoin is a political, always neutral and

1:45.4

breaking news years after calling Bitcoin rat poison. Warren Buffett just invested $1 billion into a

1:50.5

crypto-friendly bank and Berkshire Hathaway VP Charlie Munger calls coins like Bitcoin a venereal

...

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