meta_pixel
Tapesearch Logo
Log in
Bitcoin News Alerts | Daily BTC News

978: CRYPTO ANALYST PREDICTION BITCOIN TRIPLES IN PRICE BASED ON ONE METRIC - HERE’S HIS TIMEFRAME!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 6 July 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

One crypto analyst is comparing Bitcoin’s price action to one traditional stock to predict what’s next for BTC after a rocky last two months. “Short and succinct, not financial advice, of course, everything mean reverts unless it’s a piece of crap or it’s broken. Tesla has held up well during the correction and recession incredibly well. While I believe Tesla will hit $1,200 in the next six to 12 months, which is slightly less than double, I also believe Bitcoin could potentially triple in the same timeframe. Six to 12 months, which takes out to summer 2023 and that’s very, very conservative." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The five-pound meal deal from McDonald's.

0:02.7

Get a cheeseburger or mayo chicken, medium fries, four McNuggets, and a medium soft drink for guess what?

0:08.4

That's right, five pounds.

0:11.3

It's not called the five-pound meal deal for nothing.

0:14.8

From 11 a.m. Not available on delivery.

0:16.8

Carbonated soft drink upgrade fees apply.

0:18.3

Participating restaurants, subjects of availability.

0:19.8

In today's show, the Bitcoin price approaches a potential springboard to $23,000 as the US dollar currency index.

0:26.7

Cool surge. In today's show, I'll be breaking down the latest technical analysis, quoting crypto analyst Mikal Vende Pop.

0:32.4

This one did crack the resistance and then ran towards the next area of resistance at 20,300. I'm expecting Bitcoin to

0:39.0

consolidate for a bit here, but breaking the next resistance zone is a trigger for continuation

0:43.8

towards $23,000 in a summer relief rally. And quoting Pierre here, D1 closed above 20,500,

0:51.0

and maybe we'll finally get a D1 trend retest warn a few weeks ago this was setting up

0:55.7

like may for a lot of chop while d1 trend will catch down with the price so far that's exactly

1:00.6

what we got i just like a proper d1 trend retest last one was at thirty two thousand dollars

1:05.7

and this just in breaking news turkey's peer to peer bitcoin trading volume is up 40% as inflation skyrockets to 78%.

1:13.5

Now check this out. Fun fact, if you invested $1,000 into Bitcoin, 10 years ago, you'd have $3 million

1:19.2

today. And this just in, Celsius Network has paid off another $40.8 million towards his Bitcoin

1:25.3

loan. Their new liquidation price has dropped to $2,722. And more

1:30.8

breaking news, Cryptolender Voyager has officially filed for Chapter 11 bankruptcy and proposes a recovery

1:37.2

plan. That's right. Voyager's Chapter 11 bankruptcy filing indicated it's on the hook for anywhere

1:42.2

from $1 to $10 billion in assets to more than

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bitcoin News Alerts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bitcoin News Alerts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.