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Bitcoin News Alerts | Daily BTC News

943: TOP CRYPTO ANALYST PREDICTS “EXPECTED” BITCOIN PRICE TARGET OF $785,955 - HERE’S WHEN!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 30 May 2022

⏱️ 23 minutes

🧾️ Download transcript

Summary

Popular crypto analyst and the host of InvestAnswers is envisioning three possible price points for Bitcoin in the year 2030 ranging from $576K to $1.55 million per BTC. By combining all three Bitcoin price targets, the host finds an average “expected” target of $785,955 forBTC, with $576,389 being the 'bear-case' low end of the range and $1.55 million being the most optimistic forecast for the king cryptocurrency. "The adoption of Bitcoin is faster than that of the internet, and that of mobile phones right now. Therefore, due to Metcalfe’s Law, this is completely believable.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, mega bullish signal or real breakdown. I'll be sharing the five things to watch out for into Bitcoin market this week, including crypto analysts, Crypto Tony. Nice relief waves to see this morning on altcoins. Remember, Bitcoin is still in a range. So we need to clear $31,000 for this relief to continue. And as CryptoEd shares, not sure if we should be very bullish here on Bitcoin plus ETH, weekend pump on thin order books, into resistance, ETH and Bitcoin close to go for that

0:25.2

liquidity above the blue dotted line. And as shared here by the wolf of all streets, the mean

0:29.4

crypto-greed inferior index is at a 10, lower than we dropped to $25,000. People are still becoming

0:34.9

more fearful. Extreme fear equals blood on the streets,

0:37.9

which equals long-term buying opportunity, even if there's more pain to come. And as shared here,

0:42.9

Bitcoin is on the verge of a mega bullish signal, in my opinion, not a time to be greedy,

0:47.4

looking for bottom ticks. And as you can see here in this chart, this could just be the start

0:51.4

of the bull run of 2022. Also in today's show, Bitcoin

0:54.9

Lightning Network capacity crosses 3,900 PTC, marking a new all-time high. That's right. Layer

1:01.1

2 adoption is happening now, even if it is slow and in bursts. Behind the scenes, layer 2s are

1:06.0

improving reliability, decreasing fees, and increasing accessibility. Layeraird twos are still building and improving,

1:12.4

and that's fantastic. Also in today's show, billionaire venture capitalist Tim Draper says women will drive

1:18.3

the next Bitcoin bull run. And he also predicts a Bitcoin price of $250,000 per coin by the end of this

1:24.6

year or by the latest early next year. Also in today's show,

1:28.7

top crypto analyst gives three massive price targets for the King Crypto in the year 2030.

1:34.2

That's right. His most conservative, their case target for Bitcoin in 2030 is $576,000,

1:40.2

which is 20x from the current price. And he goes on to share his best case scenario for the King Crypto is a target of

1:47.2

$1.55 million per coin in the year 2030.

1:50.6

And his expected target is $785,95,95.

1:54.7

I'll be breaking this down for you.

1:57.0

We'll also be taking a look at the overall crypto market.

1:59.4

All this plus so much more in today's show.

...

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