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Bitcoin News Alerts | Daily BTC News

890: HERE’S HOW BITCOIN CAN HIT $1.3 MILLION PER COIN ACCORDING TO ASSET MANAGER VANECK!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 2 April 2022

⏱️ 18 minutes

🧾️ Download transcript

Summary

The long-term outlook remains incredibly bullish for Bitcoin enthusiasts, including VanEck. The ETF and Mutual Fund Manager predicts the king cryptocurrency (BTC) reaching between $1.3 million - $4.8 million if it becomes the global reserve asset. "Asset manager Van Eck says the Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset." - Mike Alfred Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, Bitcoin regains yearly open, as trader says, $50,000 next week might be likely.

0:05.8

That's right.

0:06.1

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

0:08.9

And quoting plan B here, Bitcoin RSI bouncing back up, Bitcoin 25% below, all-time high levels.

0:14.9

And as crypto analysts, me Calvende pop shares here, crucial area held up for Bitcoin,

0:18.9

in which continuation upwards seems likely. If we visit

0:22.2

the $45,000 range again, I think it's a sign of weakness and we'll go to the $40,000 area. If we don't,

0:28.1

then $50,000 next week might be likely. Send it. And as shared here by Pompliano, the 19th million

0:34.1

Bitcoin was just mined, only 2 million more Bitcoin to go. And as on chain analyst

0:39.0

Dylan Leclair shares, 90.47% of the supply is in circulation. And quoting Dennis Porter,

0:44.8

the first 19 million Bitcoin were mined in 13 years. The next 2 million Bitcoin will take

0:49.5

120 years scarcity, intensifying. And Peter Schiff finally admits to being Satoshi Nakamoto in this April Fool's tweet. I admit it. You guys are right. I am Satoshi. Not only am I hoddling billions worth of Bitcoin, but I'm still buying. That's why I constantly bash Bitcoin. I'm hoping we cans will sell so I can buy more. My goal is to own all 21 million so I could have the moon all to myself.

1:12.4

Also in today's show, Bitcoin network difficulty reaches all-time high as miners pursue

1:16.4

2 million BTC. That's right. Just when Bitcoin miners helped release the 19th million

1:21.2

Bitcoin in circulation on Friday, the Bitcoin network's mining difficulty reciprocated by reaching

1:25.9

an all-time high of 28.587 trillion. Let's go.

1:29.9

Also in today's show, U.S. Senator Ted Cruz proposes bill to prohibit the federal government from using CBDC as surveillance tool.

1:37.7

That's right. Much respect to Senator Ted Cruz of Texas for proposing this bill that would prevent the U.S.

1:42.8

government from developing a central bank digital currency that would be used to monitor the financial transactions of

1:48.0

American citizens. Also in today's show, analyst gives new $80,000 Bitcoin price target, as well as Van Eck

1:53.7

predicts $4.8 million per coin for the Bitcoin price, quoting Mike Alfred here, asset manager

1:59.8

Van Eck, says the Bitcoin price

...

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