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BITCOIN (BTC) WILL RALLY 100-400% IN THE COMING 18 MONTHS | Ethereum (ETH) Technical Analysis

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In today’s show, Bitcoin will rally one hundred to 400 percent in the coming 18 months. Top analysts explains why we’re talking about Simon Peters. Analysts at E Toro who told Bloomberg that in the next 18 months, Bitcoin will trade somewhere between twenty thousand and fifty thousand dollars. I’ll be breaking this down for you in today’s show. Also in today’s episode, a theory I’m just saw, key technical breakout and two hundred and thirty dollars seems eminent. In today’s episode, we’ll be doing some a theorem technical analysis and be discussing where’s the ether price likely to go from here. Also in today’s show, Bitcoin hardens, fiat eases. I’ll be sharing four things to watch for the Bitcoin price this week. We’ll also be taking a look at the overall cryptocurrency market. As you can see, Bitcoin and all the major gold 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 button 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 legend who picked Apple back 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. 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 worry. All right. Welcome back to another episode of KRIP, the news alerts. I’m your host, G.V.. And let’s dive right into today’s top story of the day. Since March’s capitulation lows of thirty seven hundred, Bitcoin has performed extremely well. That’s to say the least, right? Recently rallying to 10000. It’s the level that Bitcoin has traded above only for five percent of its history. That’s a fact. The move from the lows has undoubtably been impressive, with Bitcoin attracting mainstream media attention as the world grapples with a recession. Though analysts remain optimistic, asserting that the new all time high pass twenty K are likely in the years ahead. Analysts touting the sentiment include Galaxy Digital’s Mike Novogratz, Robert Powell of Real Vision and Dan Moorhead of Pantera Capital. All former institutional traders turned crypto bulls. There’s also individuals like the Winklevoss twins who are behind the Gemini crypto exchange who buy into this as well. And another is Simon Peters, analyst at Ey Toro, who recently told Bloomberg that in the next 18 months, Bitcoin will trade somewhere between twenty thousand and fifty thousand dollars. If you’d like to see the Bitcoin price climb to 20 to fifty thousand, let me know in the comments below. I can’t wait here personally. You already know I’m bullish on Bitcoin. So why is Bitcoin poised to set a new high above 20 K? Well, for most individuals, the bullish sentiment comes down to one thing. Central banks and governments go figure. Over the past few weeks to respond to the growing economic crisis caused by the outbreak of the Kovik 19 plan, DEMICK and the subsequent lockdown’s the world’s monetary and fiscal authorities have printed trillions of dollars. The Federal Reserve alone has added over two trillion to its balance sheet in the past two months. That’s a trillion a month. While the White House has signed off on trillions of dollars worth of stimulus, the aforementioned Bitcoin proponents expect this macro economic trend to rapidly prove the value of the scarce and decentralized asset, as Novogratz explained in a recent CNN interview. Here’s what he said. We have quantitative easing over quantitative easing all over the world, not just the United States. And on the flip side, Bitcoin’s having is basically quantitative tightening. So you have the exclamation point on the story of a scarce asset, and that’s a fact. While the banks and governments continue with their quantitative easing printing trillions of dollars, we’re talking a trillion dollars a month. We had Bitcoin blocked reboard, having would just cut the subsidy rewards in half for the Bitcoin miners, which ultimately creates a higher price bitcoin because it all comes down to supply and demand when there is limited supply and high demand because there’s a lot of institutional interests. That’s when we see the bitcoin price go parabolic, as history has shown us. Now, before we get to our next story of the day, a theory I’m just saw, key technical breakout and two hundred and thirty dollars seems imminent. And before I break down this t.A, let’s take a quick look at the overall crypto market. We can see Bitcoin retested about the ten thousand dollar level again before consolidating to where we’re currently at. Still up one percent for the day trading at nine thousand six hundred forty one dollars. We closed above ninety five hundred. So things are looking bullish. A theorem up five percent, trading at two hundred and twelve dollars X, SRP up point eight six percent, trading at 20 cents. B.N. Bitcoin up one point six percent. Trading at a dollar fifty six. Link is up two percent. Trading at three dollars and eighty seven cents. Light coin up two percent. Trading at forty five dollars. Bitcoin cash up three percent. Trading at two hundred forty six dollars. And Satoshi Vision up almost five percent. Trading at one hundred and ninety eight dollars. And now taking a look at the top exchanges by nancies up 64 percent for the day with eight point seven billion in volume. You can just see a sea of green. All the exchanges are up Bemax up seventy three percent or four billion in volume and okay, ex up almost 43 percent with three point eight billion dollars in volume. All right. Now let’s break down this theory of market theory comes up more than five percent and broke the key. Two hundred and five dollar resistance against. The U.S. dollar, ether price remains well supported and is likely to continue higher towards two hundred and thirty dollars. So ether is gaining traction after forming a strong support base above one hundred ninety two dollars. A theory and price started a fresh increase against the U.S. dollar. Bitcoin price also gained pace towards 10K, resulting in an upside break above the 200 all resistance zone. The price surged above the two hundred and five resistance and the hundred hourly simple moving average ether is up more than five percent and is now trading near two hundred and fifteen dollar resistance zone. And initial support is near the two hundred and fourteen dollar level. The twenty three point six percent Fibonacci retracement level of the recent rise from the two hundred and six dollar low to the 216 dollar high is also near the two hundred fourteen dollar level. The first major support is seen near the two hundred and twelve dollar level where the bulls might take a stand. Now, more importantly, there is a key bullish trend line forming with support near two hundred ten dollars on the hourly chart. The trend line is close to the 50 percent Fibonacci retracement level of the recent rise from the 206 low to two hundred and sixteen dollar high. And we’re gonna be taking a look here. As you can see, this trajectory, things are looking extremely bullish for theorem, as they should be. If a theorem starts a downside correction, it is likely to find bids near the two hundred and twelve and two hundred and ten dollar levels. Any further losses may perhaps lead the price towards the main two hundred and five dollar support zone. If the bulls fail to keep the price above the two hundred five dollars zone, there are chances of a renewed downtrend towards one hundred ninety two dollars. But there’s more upsides on the upside. The 215 to 216 dollar zone is an initial barrier for more gains. A successful break above the 216. Sixteen dollars might open the doors for the next rally towards two hundred and twenty to two hundred and twenty five dollars. The main hurdle on the upside is near the two hundred and thirty dollar level where the bears could take a stand. Any further gains may perhaps open the doors for a sharp rise towards the two hundred and fifty dollar level. Technical indicators we’re looking at is the hourly Mach D, the Mach D for ether’s currently losing pace and the bullish zone and the hourly RSI, which shows is correcting lower from the 70 level. And the major support level is two hundred and ten dollars, with a major resistance level being two hundred and sixteen dollars. Let me know if you’re bullish on a theorem in the comments right down below. Now for our next story of the day. Bitcoin hardens fiat ease’s. Here’s four things to watch for the Bitcoin price this week. Bitcoin starting its second week of its fourth having cycle, clinging to ninety five hundred dollar support. But what factors are weighing on the largest crypto this week? Well, let’s talk about the fundamentals. Adapt to the having. The start of the new week has seen Bitcoin fall back from closer to 10k to around ninety five hundred. Historically, a focal price point. It’s been for quite some time post having the Bitcoin network cash rate has continued to dip as the mining rewards have, as we can see in this graph on the screen. Accordingly, network difficulty is now also due for a decrease, this time by around three percent on Tuesday, which is tomorrow. The mining difficulty adjustment feature is a key to ensuring that the Bitcoin balances security and network participation. Next, new futures gap appears. The ninety five hundred dollars zone means Bitcoin, starting the week by filling a gap that opened up between two weekly trading sessions of the CMU groups Bitcoin Futures. As noted by Coin Telegraaf Markets earlier on Monday. The gap, the difference in price at the end, the one trading session and the start of another is currently between ninety four, forty and ninety six sixty. Bitcoin has a tendency to fill such gaps with price movements. Last week, a giant gap was filled over several days. Next, the Fed reconfirms money printing activities, which is always bullish for Bitcoin. Right? The true extent to the fiat economy. Chaos continues to come to light, something which has increasingly contrasted with Bitcoin’s fortunes since the market crash in March. On Sunday, CBS News aired an interview with Jerome Powell, chairman of the U.S. Federal Reserve, in which he openly admitted that the central bank flooded the system with money. Yes, we did it. That’s another way to think about it. We did, he said. Asked where there’s trillions of dollars came from in addition to bond purchases, Powell replied. We print it digitally. As Coin Telegraph reported, the ailing fiat system is a key focus for new and existing bitcoins alike when allocating capital to the crypto. Last week, it was hedge fund billionaire Paul Tudor Jones who revealed holdings of one to two percent of his net assets in Bitcoin. And if you’re not familiar with Paul Tudor Jones, he’s considered the most influential and successful investor of our time. So this is extremely bullish for BTC. The reason, he said, was specifically concerns about fiat currency inflation and macro reacts to the Fed. Other macro factors include a noticeable uptick in the price of oil, with WTI climbing above thirty dollars for the first time in two months. Bitcoin has traditionally been less impacted by oil volatility, as shown when some future contracts went negative last month. As we can see right here in the chart. It shows Bitcoin in the grain as gold also bullish. And in the green SBX and the dollar showing some in the red and WTI, you can see year to date, negative. Sixty one percent. Holy moly. So on the backup Powells comments, gold likewise saw a boost, rising one point seven percent for the day. So which asset class are you most bullish on, bitcoin, gold or silver? Let me know in the comments right down below. Now let’s take a look at the overall cryptocurrency market cap sitting at two hundred and sixty three billion with one hundred and forty nine billion in volume in the past 24 hours. And the current BTC dominance is sixty seven percent, even according to coin market cap. And taking a look at the top gainers within the top 100. We have numerator up six percent, trading at twenty nine dollars. Zech cash up five percent, trading at forty seven dollars. Catano up four and a half percent. Trading at five cents. Ether up four percent. Trading at 210 ten dollars. Satoshi Vision up four percent. Trading at one hundred ninety eight dollars. And Fleck’s a coin up four percent. Trading at point zero zero three. And now taking a look at the biggest losers, electronic M down 14 percent, leading the pack, trading at point zero zero eight Cele down twelve percent, trading at nine cents B hex token down eight percent, trading at 18 cents digit by down seven and a half percent. Trading at just below two cents. Red coin down seven percent, trading at point zero zero one and quant down six point seven percent, trading at five dollars and seven cents. And now checking out the bit max margins, we can see the bulls are back in control, leading with about 70 million and superiority in the last 24 hours, with longs leading fifty one point two one percent versus forty eight point seven nine percent shorts. Are you currently bullish or bearish? Let me know in the comments below. And now checking out one of my favorite indicators is the Crypto Greed and Fear Index shows we’re currently rated of fifty dead even in the middle, which represents neutral. Yesterday we were rated a 40 and fear. Last week a 40 and fear, and last month in 18, an extreme fear. It feels good to now move out of extreme fear and be neutral once again. 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 now let’s take a look at the community section of my channel here. And as you can see, I just did a poll 19 hours ago and I asked on April 1st, where will the Bitcoin price most likely be? And 44 percent of you are really bullish saying 11000 or more. And twenty three percent of you said less than 8000, which is a very interesting contrast. Let me know your thoughts in the comments right down below. 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 my channel. Also, I 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 is this updated every day, it allows you to download the latest episode in MP three format so you can listen to it when you’re out and about on your way to work, doing your thing, working out, doing whatever. Also, be sure to subscribe on YouTube. It does help out the show tremendously. If you’re watching this on a different platform to visit the YouTube channel, the direct link is Krypto News Alerts Dot Net. And you can also subscribe on Apple’s I tunes, Spotify, Google Play, Stitcher Radio. We’re active on all the major podcasting platforms. You can also follow us on Twitter. My Twitter handle is Krypto News. Yes. So it’s very difficult to forget. Right. Please do show us some support. And we also have a Krypto Facebook group entitled Crypto Alchemy, with over seventeen thousand strong from all over the world to become a part of this. Click this link, request the join and I’ll be sure to plug you in. And if you’re into telegram, as I am, I have a crypto telegram chat to become a part of this. Simply click 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. And real quick before I go, if interested in learning from the Wall Street legend who picked Apple back 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 and 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. Not a. The Internet of Things or five g to discover what it is. Click the link below this video in the description. It will take you here to watch this exclusive presentation with the one and only take a tree. Enjoy it. And I look forward to catching you on tomorrow’s episode. Peace.

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