881: BITCOIN AND ALTCOINS WILL GO PARABOLIC IN APRIL, PREDICTS TOP CRYPTO ANALYST - HERE’S HIS TARGET!!

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3.6 • 626 Ratings

🗓️ 23 March 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Data Dash host Nicholas Merten says Bitcoin and the crypto markets are setting up for a big parabolic comeback over the coming months as he’s becoming more and more convinced that a spring cryptocurrency rally is imminent. Merten makes the case that BTC will soon be back to $60,000, a price range not seen since November 2021. Merten also says the altcoin market, already gaining momentum, will rally in turn. “I want to make the case that, really, as soon as later in April, if this trend plays out here, we could be back up towards that $60,000 range for Bitcoin. We could be in for a spring rally… But it’s not just Bitcoin. I want to emphasize this big time – because I understand all the while Bitcoin is obviously the most recognized currency, it is the largest crypto in the crypto space – this is unlikely to be just a Bitcoin rally." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rated T for Teen.
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0:30.0	In today's show, Bitcoin dips 3.6% from weekly highs.
0:33.9	I'll be sharing the key Bitcoin price levels to watch out for, as well as the latest technical
0:37.7	analysis. As Matthew Highland shared here, Bitcoin closing the daily candle above 42,600 would be very
0:44.0	bullish, and as credible crypto shares, 42,500 has been broken. Now I want to see this level
0:49.3	establishes support if this is a true breakout, meaning the move up should hold and want to see some
0:54.2	consolidation above this level for continuation. Let's see what we get over the next day or two.
0:59.7	And as shared here by Holger, ECB balance sheet has hit fresh all-time high of 8.7 trillion in
1:04.9	euros. Total assets rose by another $13 billion as the ECB keys buying bonds despite
1:10.3	record high Eurozone inflation.
1:12.3	Balance sheet now equal to 82% of the Eurozone's GDP versus the Fed's 37% and the Bank of Japan's
1:18.6	100 and 36%. Also quoting Anthony Scaramucci, Goldman Sachs entry brings Bitcoin one step
1:24.8	closer to exponential adoption. Let's go.
1:28.0	Including the CEO of Southeast Asia's largest bank, Bitcoin and crypto are an alternative
1:32.4	to gold. That's right. According Rich Dad Robert Kiyosaki, next bailout will destroy the dollar.
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