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BITCOIN (BTC) RALLIED 6,400% LAST TIME IT MADE THIS FORMATION, AND IT’S BACK AGAIN | Altcoin Rally

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In today’s show, Bitcoin rallied 60, 400 percent last time it made this formation and it’s back again. Taking a look with some crypto analysts have to say. Nick Chang wrote Real Bitcoin. Golden Crosses led to rallies at twenty thousand five hundred percent. Sixty seven hundred and fifty percent. And one hundred and fifty percent. If history rhymes, Bitcoin could do extremely well in the coming years. I’ll be breaking this down for you in today’s show. Also, analysts none. Your business wrote Bitcoin daily for the first time during the 2015 lows. There was a golden cross death cross golden cross sequence that occurred all within the span of about 100 days. Price then rallied 60 400 percent. Now, for the second time at 2020 lows, this golden cross death cross golden cross pattern has occurred within about 100 days. The price will be well. We’ll be doing some speculation here in today’s show and some analysis on where the bitcoin price may lead from here with this golden cross. Also in today’s show, a theorem lite coin chain link. And for more, all coins poised for major rallies in the new markets cycle, says crypto analysts of Data Dash. I’ll be revealing these seven Alte coins and we’ll be discussing them here in today’s show. We’ll also be taking a look at the overall cryptocurrency market. As you can see, Bitcoin and all the major Alte coins are back in the green. Where’s the Bitcoin price likely to go from here? Find out all this. Plus, so much more in today’s show. Here at the news alerts, I drop a brand new episode every single day, so be sure to smash that subscribe but and click that Bell icon to receive notifications of the latest premium crypto news. And before we kick off today’s show, if interested in learning from the Wall Street legen, take a worry. Who picks Apple in 2003 and Bitcoin in 2016 as he shares his number one pick for the twenty twenties? They’re calling it the investment of the decade. Right now there is a mad rush in corporate America. It involves Amazon, Google, Microsoft and Facebook. They’re all betting on a new technology that the World Economic Forum projects will soar. Two hundred and ninety five thousand percent in the next seven years. But it’s not A.I., the Internet of Things or 5G to discover what it is. Click the link below this video in the description. And watch this exclusive presentation with the one and only take it to Ari. All right. Welcome back to another episode of Crypto News Alerts. I’m your host, J.V.. And let’s dive right into today’s top story of the day. Bitcoin isn’t even past 10K yet, let alone the latest all time high of twenty thousand. But analysts are already craving the crypto markets. Next parabolic bull rally, as you should be, right? I mean, that’s what the crypto market is all about. We see these parabolic rallies and we go, oh, em. Gee, I should’ve got into Bitcoin back in 2010, right. While this rally has yet to arrive, a prominent crypto chartists has indicated that it is close. He pointed to a crucial and rare technical formation that marked the start of Bitcoin’s last macro bull trend, which brought Bitcoin from two hundred dollars to twenty thousand dollars. Bitcoin is printing the same signal that preceded a 60 400 percent rally. Now, depending on what chart you look at today or within the next few days, Bitcoin will print what is known in technical analysis as a golden cross. Investopedia describes the Golden Cross as a candle stick pattern. That is a bullish signal in which a relatively short term moving average crosses above the long term moving average. In Bitcoin’s case, the 50 day simple moving average will cross above the 200 day simple moving average for the second time this year. This golden Cross’s bullish in and of itself. Golden Crosses, as this analysts analyze, have historically led to massive gains for Bitcoin. Taking a look at his tweet here from Nick Chung, real bitcoin golden cross’ led to rallies of twenty thousand five hundred percent. Sixty seven hundred and fifty percent and one hundred and fifty percent. If history rhymes, Bitcoin could do extremely well in the coming years. And as we can see here, the fabled Golden Cross, we saw one on February 8th of twenty twelve and then we saw a twenty thousand percent increase. Holy moly. Then October 25th, 2015, it climbed sixty seven hundred percent than April. Twenty third of twenty nineteen one hundred and forty nine percent. What will happen this time when we see the Golden Cross. Let me know what you think in the comments right down below. And then of course there have been some fake out golden crosses. One occurred back in 2015, which led to a negative 32 percent performance as well as on July 10th of 2014, which led and a negative sixty four percent performance. So yet the exact context the cross has taken place could signal even greater gains are in the works. Analysts Nunzia Business recently shared the two charts below with the following comment indicating that the last time Bitcoin is 50 and 200 day moving average is looked as they do now. The crypto rallied. Sixty four hundred percent taken. A look at this tweet from Nanya Business on the Bitcoin daily. For the first time during the 2015 lows, there was a golden cross death cross golden cross sequence that occurred all within the span of about one hundred days. The price then rallied sixty four hundred percent for the second time at the twenty twenty lows. This golden cross death cross golden cross pattern has again occurred within about 100 days. And he shared this chart. Comparing the previous time we saw this formation, we saw sixty four hundred percent run up in the bitcoin price. What will happen this time? Let me know what you think in the comments right down below. The cryptos macro environment favors Bitcoin’s growth right now. And it isn’t the only technical formation suggesting that Bitcoin has another period of dramatic growth on its horizon toward the Meester founding partner Adamant Capital, a Bitcoin Alpha hedge fund, recently shared that he thinks Bitcoin is ready to rally towards the fifty to one hundred thousand dollar range. Such high prices may seem like a quixotic dream, sure, but according to the longtime industry analysts, a five figure and even a six figure Bitcoin price making more and more sense due to these fundamentals. The Meester specifically cited the ongoing macro economic environment as a way back to his prediction, zeroing on the money printing by governments and central banks alike, he shared. I think a price target of fifty thousand dollars is not insane at all, especially given just how crazy the money printing is. I would even say between 50000 to 100000 dollars. He’s referring to the quantitative easing of the Fed printing trillions of dollars out of thin air. He added that right now. An ongoing landgrab scenario in the Bitcoin market. That’s to say there’s a handful of institutional players attempting to be the first to dip their toes in the crypto water, similar to how the earliest players in the historical gold rushes made out the most. And if you want to check out this exclusive interview with Tor de Meester, I’ll include it in the show, notes below the video and the description. Definitely worth taking a look and checking it out. All right. Now for our next story of the day. A theory. I’m like coin chain link. And for more, all the coins poised for major rallies in the new market cycle says crypto analysts of Data Dash. And before we break this down, let’s take a look at the overall cryptocurrency market. We can see Bitcoin still hovering above that ninety seven hundred dollars support. I’d like to see Bitcoin retests ten thousand, break above 10 five and paint this bullish cross that we’ve been waiting on the golden cross. A theorem is also up for the day as most the major alt coins are up point nineteen percent, trading at 212 dollars. SRP is up point three eight percent, trading at twenty cents. Miss Light coin up point seven seven percent. Trading at forty five dollars. Linc is up five point four percent, trading at four dollars and six cents. If you missed yesterday’s episode, I shared some extremely bullish chainlink news. Hence why it’s probably pumping right now. And then we have Bitcoin cash down point seven nine percent for the day trading at two hundred and forty five dollars and Satoshi Vision up point six percent, trading at two hundred and one dollars. And now checking out the volume on the largest exchanges in the world. Finance is down one point three percent, with five point two billion in volume in the past 24 hours. We have Homeboy Global up four hundred and fifty two percent. Holy moly. Just below by Nance, which is very unusual with four point seven billion in volume. And then we have okay. Eeks down about six percent with three billion in volume and Bemax down thirteen percent with two billion dollars in volume. Right now for our next story of the day, let’s talk about some old coins. Crypto strategist Nicholas Martin is naming seven old coins that he believes are in good position to surge in a new bull market cycle. On his latest episode of Data Dash, the crypto analysts examines when the old coin market may begin to turn around. Here’s what he’s quoted saying what it looks like Bitcoin is doing is possibly coming up here around eleven K breaking out of this very long term wedge, breaking out above resistance and making its support for the next coming months. If Bitcoin can do this and start to trigger the next cycle, this is actually very good news for old coins. Now, why is that? Is because we need an increase in liquidity and valuation in Bitcoin markets in order to usually see that kind of benefit go onwards to the coin markets and ain’t telling no lies. That’s because typically after Bitcoin surges, the alt coins catch up and we tend to see an old coin rally if and when a new old coin season begins. Merton’s says that a theorem is preparing for fireworks before the end of twenty twenty. I’ll repeat a theorem is preparing for fireworks before the end of twenty twenty. Here’s what he said. What we want to look for is an eventual breakout above this wedge and a continuation of higher lows and higher highs. It looks like we’re formulating for that some time around in the fall to the winter of 2020. Lining up pretty close to our general estimates from what we can tell about alt coin dominance as well as Bitcoin. Another Alte coin that Merton is interested in is like coin, right. While the analyst expects the crypto to continue its bearish trend against Bitcoin in the short term, he sees a strong recovery on the horizon. Here’s what he said. Light coin has been coming down quite dramatically over the last few weeks compared to Bitcoin. If we see it, visit the general range that we saw back in twenty seventeen and we get a strong rebound afterward, this will likely be a sign that we’ve entered into the old coin season. Merton is also a fan of Chain Link Go Link. Instead of sharing his technical insights on Link, Merton explains the use case of the coin, which has surged one hundred and twenty one percent compared to Bitcoin’s 35 percent in twenty twenty. I also remind you in twenty nineteen, Chain Link was the best performing crypto asset of the entire crypto market. Here’s what he said. Smart contracts on the theory on block change can be very useful. However, they’re not very useful if they can’t communicate with the outside world. And that’s a limitation that the Theorem Network has, because everything on a theorems chain can only be really communicated within a theorem. We need something that can help bridge that gap between the outside world with all traditional enterprise array systems and actually be able to connect that to smart contracts on the theory and block chain as well as other protocols. I think that chain link is not only going to serve obviously a theory, um, but it also serves hyper ledger and Bitcoin and O ticket soiree refers to chain link as the missing link of the block chain. Martin also sees fundamental value of other alt coins, including Kibre network, which is can see Youna Bright, which is Ubaidi and Rhen and Compound, which is COP. Let me know which AWALT coins you’re bullish on in the comments. Right down below. And now let’s take a look at the overall cryptocurrency market cap. We can see it sitting at two hundred and sixty seven billion with one hundred and sixteen billion in volume in the past 20. Flowers and the current BTC dominance is sixty seven percent even. And taken a look at the top gainers within the top 100. We have steam up a whopping 26 percent, trading at 27 cents. Theta up 16 percent, trading at 22 cents. Omnis go up 14 percent. Trading at a dollar 16. Icon up fourteen and a half percent. Trading at 33 cents. Cryptogram up almost 14 percent. Trading at fifty five cents. And Munib right up twelve point six percent. Trading at 50 cents. And now for the biggest losers, electronic M down twenty one percent, trading at point zero zero seven digits, right down fourteen and a half percent. Trading at one and a half cent higher on down twelve percent. Trading at forty nine and a half cents. Flex a coin down five percent. Trading at point zero three. Numerator down four percent. Trading at twenty six dollars. And a BBC coin down almost four percent. Trading at thirteen and a half cents. And now taking a look at the bit max margins, we can see the bulls are back in control, leading with about 400 and 5000 a superiority, but it looks frozen. So let’s refresh the screen and see where she goes. Let’s see who’s winning. Bulls or the bears? Well, it looks like the bulls took control. But I swear to you, before I hit the record button, like ten, fifteen minutes ago, the bears were in control. But that’s how fast things can switch and change at the drop of a hat here in the crypto market. So longs are superior barely by one hundred and seventy nine thousand. So they’re barely leading the way. And this data here longs leading by ninety nine percent is off. This is way off. Imagine if it was and we were ninety nine percent long bullish on Big Max right now. That would be crazy. But being this is an accurate. Let’s move to the next indicator. One of my favorite is the Crypto Greed and Fear Index. It shows we’re currently rated a fifty two, which is neutral. Yesterday was a fifty neutral. Last week a forty one in fear, and last month of fifteen, an extreme fear. And if you’re not familiar with the crypto greed and fear index, extreme fear can be a sign that investors are too worried. That can be a buying opportunity. And when investors are getting too greedy, that means the market is due for a correction. And checking out the community section of my YouTube channel. I did create a poll just a couple days ago asking the question on April 1st, where will the Bitcoin price most likely be? And forty six percent of you are bullish saying Bitcoin is going to be at 11000 or above and 20 percent of you put less than eight. Right. Though it’s quite interesting how divided it is. But the majority of you are definitely bullish with eleven plus. So we’ll keep an eye on this and see how many of you were accurate. And I want to encourage you to check out the description right below this video by clicking show more in the description right down below for a detailed analysis of what’s going on in the market. This goes for all 400 plus videos right here on the channel. I also have some very helpful resources for you to plug into, including the blog to my podcast, which could be found at Crypto News. Yes, dot com. Not only can you download the latest episode of the show every day, you can also do so in MP three format so you can listen to it when you’re out and about on your way to work or just doing your thing. Also, be sure to subscribe on YouTube. My direct YouTube link is crypto news alerts dot net. You can also find us on Apple’s I tunes, Spotify, Google Play or any major podcasting platform. I do truly appreciate your support. Also, you can follow us on Twitter to receive daily Krypto news alerts. My Twitter handle is Krypto News. Yes. So it’s extremely difficult to forget. Also have a crypto Facebook group entitled Crypto Alchemy with over 17000 from all over the world to become a part of this. Simply click this link requests the joint, I’ll be sure to plug you in. And for those of you into telegram, I do have a telegram chat and you can join this simply by clicking this link from a mobile device. You’ll automatically be added. And I’m looking forward to connecting with you on the inside. Well, that’s going to conclude today’s show. As always, I appreciate you tuning in and journeying along with me inside this incredible crypto revolution. If you gain value added Today Show. Be sure to smash that subscribe button and click that bell icon to receive notifications of the latest premium crypto news. In the meantime, let’s sit back, relax, grab a crypto cocktail and watch this bitcoin go to the moon. And real quick before I go. If interested in learning from the Wall Street legend himself, Teka worry. The one who picked Apple in 2003 and Bitcoin in 2016 as he shares his number one pick for the twenty twenties. They’re calling it the investment of the decade. Right now there is a mad rush in corporate America. It involves Amazon, Google, Microsoft and Facebook. They’re all betting on a new technology that the World Economic Forum projects will soar. Two hundred and ninety five thousand percent over the next seven years. It’s not a. The Internet of Things or 5G to discover what it is. Click the link below this video into description to watch this exclusive presentation with the one and only ticket’s worry. And I look forward to catching you on tomorrow’s episode piece.

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