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Bitcoin News Alerts | Daily BTC News

941: BITCOIN WILL HIT $250K BY END OF THIS YEAR OR EARLY NEXT YEAR SAYS BILLIONAIRE TIM DRAPER!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 28 May 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Venture capital investor Tim Draper is reasserting his prediction that the Bitcoin price will break well into the six figures over the coming months. Draper says in a new interview that “by the end of this year or early next year,” the king crypto (BTC) will hit a price of $250,000 per coin. The venture capital investor who made early bets on Coinbase, Hotmail, Skype, Tesla and Twitter says that the catalyst will be women increasingly using Bitcoin to shop. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, Bitcoin price stuck below $29,000 as Terra Luna comes back from the dead.

0:05.9

That's right.

0:06.4

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

0:09.1

And as shared here, the U.S. dollar currency index weekly RSI heading towards a crucial

0:13.0

test of the trend line that started at the start of the year.

0:16.0

And also, it looks like this time might be different, but also this is not the decoupling

0:20.2

that we wanted,

0:21.7

and as Crypto Tony shares, short resistance and long support until one of them breaks,

0:25.9

keep it simple in ranges as they are to engineer liquidity for trend continuation or reversals.

0:31.5

And as Michael Stahler shared here on national television, Bitcoin is the most certain thing in an uncertain world.

0:37.5

Facts. And he also says, I'll be buying the Bitcoin certain thing in an uncertain world. Facts.

0:38.0

And he also says, I'll be buying the Bitcoin top forever with a true Bitcoin OG.

0:42.6

Also, J.P. Morgan says that the market cap of Bitcoin and gold could equalize, which would

0:47.0

mean a $600,000 Bitcoin price.

0:50.3

And this just in, $1.4 trillion dollars Deutsche Bank analysts says I could potentially see Bitcoin

0:55.2

become the 21st century gold. Let's go. Also in today's show, the Bitcoin network difficulty

1:00.4

falls 4.3% to 29.89 trillion, the biggest drop in 10 months. That's right. The network difficulty

1:07.2

recorded a drop of 4.3% falling from 31.25 trillion to 29.89 trillion on May 26,

1:14.4

just two weeks after attaining its all-time high. Also in today's show, Crypto trader who predicted

1:19.3

the Bitcoin collapsed below $30,000, says the King Crypto to hit a new low and shares his targets.

1:25.2

Quoting him here, almost the entire market except Bitcoin has made a

1:28.3

new low after yesterday's bounce, showing that it was in fact a bull trap Bitcoin new low incoming.

...

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