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Bitcoin News Alerts | Daily BTC News

983: BITCOIN RALLY IN SIGHT AS BTC FLASHES ‘TEXTBOOK’ BULLISH REVERSAL PATTERN: TOP CRYPTO STRATEGIST!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 11 July 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

A closely tracked crypto strategist who continues to build his following with timely Bitcoin predictions says the king crypto asset (BTC) could be gearing up for a significant rally. Cryptocurrency analyst Kevin Svenson tells his 110,200 Twitter followers that he’s looking at Bitcoin’s moving average convergence divergence (MACD) indicator on the three-day chart which suggests that Bitcoin is likely setting up for a sustained bounce. “Bitcoin three-day MACD cross will likely lead to continuation up. The three-day candle closes tonight. We’re very likely going to confirm the cross soon.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The five pound meal deal from McDonald's. Get a cheeseburger or mayo chicken, medium fries, four McNuggets and a medium soft drink for guess what? That's right, five pounds. It's not called the five pound meal deal for nothing.

0:14.8

From 11 a.m. Not available on delivery. Carbonated soft drink upgrade fees apply. Participating restaurant's subjects of availability. I had the absolute pleasure of speaking to Pamela Anderson. All thanks to the Dove Self-Eesteem Project.

0:27.2

We speak about the impact Y2K has had on women's body confidence and how Pamela has regained control.

0:33.0

The Dove Self-Esteen project is an amazing initiative supported by science-backed methodology to help us

0:38.8

improve our relationship with our bodies. To find more body confidence building exercises,

0:43.4

go to dove.com forward slash Y2K. That's Y2K spelled WHY2K. In today's show,

0:51.1

US data inflation will be messy. In today's show, I'll be sharing the five things to watch out for in the Bitcoin market this week, including crypto analyst tech dev. Bitcoin flipping $32 to $35,000 likely confirms the end of reaccumulation and this year plus correction. Most probable to occur in my opinion, once both the 100 week and 50 week, exponential moving averages are in this range,

1:12.0

100 week currently at 34,800, and the 50 week at $37,200. And fun fact, if you invest at $1,000 in Bitcoin, 10

1:20.9

years ago, you'd have $2,856,000 today. And another fun fact, it was exactly five years ago, the infamous Bitcoin photo bomb of the Fed with the legendary $1,000 today. And another fun fact that was exactly five years ago, the infamous Bitcoin

1:29.0

photo bomb of the Fed with the legendary yellow buy Bitcoin sign. And quoting plan B here,

1:35.1

problem with KYC, know your customer, is our private data is concentrated at one central party,

1:40.6

one big honeypot that will be hacked. Government intentions might be good, but result is disastrous.

1:46.4

KYC also makes sign up time consuming. Also in today's show, Cryptone's regulation to mitigate risks,

1:52.3

says Bank of England, executive, quoting him here. For me, it underlines the fact that we need now to

1:57.2

bring in the regulatory system that will manage those risks in the crypto world

2:01.2

in the same way we manage them in the conventional world. Also in today's show, Bitcoin potentially

2:06.2

already in accumulation phase gearing up for the next bull market, says analysts Benjamin Cohen,

2:11.6

quoting him here, I would speculate that Bitcoin is. You could argue either in the latter

2:15.5

part of the bear market or at the beginning part of the accumulation phase for the next market cycle on the macro scale, buying Bitcoin

2:22.5

below $20,000 is a fairly attractive price. But in the short term, we could eventually see

2:27.6

another leg down into a cycle bottom in line with the one year, ROI. There certainly is a possibility

2:33.1

that happens. Also in today's show,

...

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