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Bitcoin News Alerts | Daily BTC News

946: CRYPTO ANALYST SAYS BITCOIN WILL EXPLODE BY OVER 60% IN COMING MONTHS - BUT THERE’S A CATCH!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 2 June 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

Popular trader and analyst Jason Pizzino is hopeful Bitcoin (BTC) could rally higher if the flagship crypto asset sustains the prevailing momentum. “If we can get above those levels, consolidate and continue to move higher with higher highs and higher lows… the next key level is $48,000 and the $52,000 levels. But I think we’re getting too far ahead of ourselves to even contemplate getting to the high $40,000s or even low $50,000s at this point as there’s so much work to do for Bitcoin at these lower levels.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today show, over $500 million liquidated as Bitcoin drops back under $30,000.

0:05.2

In today, show, I'll be sharing the latest technical analysis.

0:07.8

As crypto analyst, Mikal Venday Pop shares here, cascade further south for Bitcoin, towards the level that caused the breakout.

0:13.9

Resistance above us are 30,500 and 31,500.

0:18.2

Let's see how it goes.

0:19.4

Has to hold 29,200 to 29,300 to avoid any massive breakdowns.

0:25.4

And he also recently shared this poll. Bitcoin next week, 53.2% of you said $27,000, while 46.8% of you said, $35,000.

0:35.1

And as Danny Scott shares here, the Bitcoin yearly lows in 2012, it was four bucks.

0:39.7

2020, $3,800. And last year in 2021, $27,734, with the current Bitcoin price at $29,900.

0:48.5

And as shared here, 65% plus of all Bitcoin has not moved in one year plus, which is a new

0:53.6

all-time high. So congratulations

0:55.4

to all Bitcoin hoddlers. And as pointed out here, Canadian Bitcoin ETF has been aggressively

1:00.5

accumulating with 13,000 plus Bitcoin in the past six weeks. And this just in breaking news,

1:06.5

Chipotle is now accepting Bitcoin and other cryptos as payment methods. And if you use Bitcoin,

1:11.4

you're actually going to save 10%. Now, Janet Yellen finally admitted that she has been wrong about

1:16.3

inflation. And as pointed out here, sure, only Russia's fault has nothing to do with the

1:20.9

trillion central banks printed. And I like Max Kaiser's response here. Tragedy is, Janet Yellen doesn't

1:26.1

know why she got inflation wrong and no idea

1:28.4

while she'll continue getting it wrong. These may cope us from her will come for years. Max and

1:33.4

Stacey on the other hand have gotten it right for 10 years. We're not blinded by ideology like Janet.

1:38.9

Also in today's show, Binance launches a massive $500 million investment fund to boost crypto and blockchain adoption,

1:45.7

as announced here by Binance themselves.

...

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