TOP CRYPTO ANALYST WHO NAILED MAY 2021 BITCOIN COLLAPSE UNVEILS MASSIVE BTC PRICE TARGET!!
I can treat it more like rich people treat real estate and take loans out against it. Then, as it appreciates just pay off the old loan with the new one boom tax, free income and quoting another whole coiner, here, i was able to catch the falling knife and buy enough to get me over the finish line. This was not an easy feat: im. Just an ordinary guy with an ordinary life, and as pointed out here this just in bitcoin exchange balance is now the lowest since 2018, including dennis porter when bitcoin hits 10 million dollars. Well, all wonder why anyone complained about the drop to 21k and plan b updates us here capitulation. Bitcoin sellers realized negative 25 billion loss in june, similar to november 2018 january 2015 and september 2011, and quoting max kaiser here, bitcoin at 69 thousand dollars was telegraphing a huge inflation spike. The bitcoin pullback to 18 000 was telegraphing. The collapse of defy the rally to new. All time highs is now telegraphing, a major sovereign acquiring a 300 000 bitcoin position. Also in todays show billionaire shamath p issues, crypto warning. It predicts the industry. Honey pots will be exposed, quoting him here from a recent interview if they really want to find the honey pots here, its the worst kept secret in crypto. How much insider trading is going on amongst the organizations that run the exchanges and their side pockets that they use to manage the liquidity? I mean this is the biggest thing thats been happening in crypto.
Also in todays show analysts who nailed may 2021 bitcoin collapse, unveils a massive bitcoin price target as dave the wave shares here whos to say we dont get something like this and in this chart it shows you bitcoin, going on a sustained rally to 260 000 by 2026. also in todays, show former crypto billionaire insists bitcoin will soar to 250 000 within the next 18 months. Quitting the finance ceo cz here, legendary tim draper bought lots of bitcoin at around 650 and they will say easy. Come easy go to him now when its 21 000, actually his bitcoins dropped to 200 at one point, and people were laughing at him, then whos laughing now also in todays, show well be taking a look at the overall crypto market and discussing where the bitcoin price Is likely to go next? All this plus so much more in todays. Show here come the news alerts. I drop a brand new episode every single day. The goal is to get to 100 000 subs. If you like, getting that crypto be sure to smash that subscribe button, thats right and ring that bell to turn on all notifications to receive daily premium, crypto news alerts every single day, including weekends. Just like this and dont forget to check out the crypto news alert shorts. I drop a new shorts video every day. All right. Welcome back to another episode of crypto news alerts. Im your host jay v, hows it going crypto fam highlight boy in the comments now check it.
Ever since early bitcoin investors woke up millionaires as the ecosystem gained. Tremendous popularity alongside the mainstream of the internet investors across the globe, have been in a rush to accumulate as many of the 21 million bitcoin one satoshi at a time with bitcoin recently trading at the 20 000 range for the first time since 2020. Small time investors found a small window of opportunity to achieve their dream of owning at least one btc. On june 20th, cointelegraph reported that the number of bitcoin wallet addresses containing one bitcoin or more, has increased by 13 091 in just seven days. So, congratulations to all the new whole coiners now, while the total number of addresses holding one bitcoin saw an immediate reduction in the days to come. The crypto community on reddit continues to welcome the new crypto investors that huddled their way into becoming a whole corner. Now redditer arbalest22, who shared the above screenshot revealed it, took him around 35 000 in total to accumulate one btc over several months since february 14th of 2021 and showing further support for the bitcoin ecosystem. The redditor aims to continue procuring satoshis or sats until he accumulates over 2 btc and he stated he started purchasing bitcoin from crypto exchange coinbase but later started using strike owing to the lower fees sharing a peak into his future plans. Sharing the following im, hoping in the future, i can treat it more like rich people treat real estate and take loans out against it, then, as it appreciates just pay off the old loan, with the new one boom tax, free income and following suit another redditor user Evening main 5860 posted about being able to buy one bitcoin after largely following a dollar cost averaging strategy where in the regulatory bought smaller amounts of bitcoin over a longer period of time.
Putting him here, i was able to catch the falling knife and by enough to get more over the finish line. This was not an easy feat: im, just an ordinary guy, with an ordinary life, so congrats again to all the new whole corners and in this chart brought to you by glass node. You can see the number of wallet addresses owning at least one btc, and between june 15th and june 25th, the total number of bitcoin wallet addresses, holding more than one btc grew by 873. According to glass node data, while following bitcoin prices are seen by many as an investment opportunity, google search trends highlighted the tendency of other investors to speculate about its demise. As alex krueger points out here, google searches for bitcoin dead hit all time highs over the weekend. Now the google search results reflect peak anxiety for the crypto markets following weeks of relentless sell, offs and asset prices, and this just in bitcoin exchange balance is the lowest since 2018, which you can see here brought to you by glassnote analytics, also like to point out. If you currently have your bitcoin on the exchanges, remove it as soon as possible, not your keys, not your cheese! You want to put it somewhere, safe, such as coal storage and quoting dennis porter here when bitcoin hits 10 million dollars. Well, all wonder why anyone complained about this drop to 21k. He makes a great point and plan b creator, the bitcoin stock.
The flow model updated us this morning capitulation bitcoin sellers realized negative 25 billion dollars, which is a negative ‘ loss in june on chain, similar to november 2018 january 2015 and september 2011, which you can see in the dark blue, also like to point out that the Stock flow model is predicting a 500 000 bitcoin price post 2024. Having, let me know if you agree or disagree with the stock the flow, including max keiser. In his most recent prediction, bitcoin at 69 000 was telegraphing. A huge inflation spike. The bitcoin pullback to 18 000 was telegraphing the collapse a defy. The rally to new all time highs is now telegraphing, a major sovereign acquiring a 300 000 bitcoin position. So there you have it. This would be absolutely major as bitcoin game theory is in full effect. Now, what are your thoughts surrounding this major sovereign that he is referring to? Let me know if you have any insights in the comments right down below and before i break down next story of the day: billionaire shaw, mcp issues, crypto warning and predicts industries, honey pots will be exposed, but first lets take a quick look at the overall crypto Market, as you can see, all the major cryptos are currently pumping and in the green bitcoin up 1.1 percent trading, just above 21, 000 400. We have ether up two and a half percent trading, just above twelve hundred dollars, while binance coins, solana, polka, dot, xrp and cardana are all pumping and in the green.
But all right now lets break down our next toy. Today, billionaire venture capitalist shamath, p says a new phase of cleansing is coming to the crypto markets in his latest. All then podcast the serial entrepreneur says one day lawsuits could be filed against those involved in unfair or immoral token sales giving much of the industry a bad look, quoting him here, wait until these token sale things get litigated, i mean the amount of griff by so Many of these venture firms running these sketchy deals where they put in some amount of money. This is my understanding of the scam because it was explained to me you put in a little bit of the equity and at some crazy price. Then you get these tokens and apparently you can sell these tokens day one. So what happens? Is you price, the equity but its meaningless? Because really what youre getting is the right to get some of the amount of tokens prices go crazy? You sell it and walk away. You can do these deals where you just rinse and repeat these things. Wait until that gets exposed now. Shaman p also says that regulators might have a field day looking into some of the industrys infrastructure behind the scenes that may or may not be involved in insider trading, quitting him again here if they really want to find the honey pots here, its the worst kept Secret in crypto how much insider trading is going on amongst the organizations that run the exchanges and their side pockets that they use to manage liquidity.
I mean this is the biggest thing thats been happening in crypto, so there you have it. Let me know if you agree or disagree with sean mcp and to watch this entire interview with the bitcoin og himself check the show notes below the video in the description and before i break down next day today, analysts who nailed the may 2021 bitcoin collapse unveils Massive bitcoin price target and shares how long traders may have to wait, but first lets take a quick look at the overall crypto market cap sent just under that one trillion dollar milestone with just above 50 billion in volume in the past 24 hours. The current bitcoin dominance is 42.4, with the ether dominance at 15.6 and checking out the top 100 cryptocurrency gainers. In the past 24 hours we have gmt leading the pack up 22 trading at a dollar three followed by eight coin: up 17 trading at five dollars and 12 cents, followed by the sandbox of 13 and a half percent trading at a dollar 29 and checking out The top 100 cryptocurrency gainers for the past week. You can see a c of green with virtually nothing in the red we have comp up: 83.8 percent gmt of 64.8 percent and matic up 70.7 percent and checking out. One of my favorite indicators is the crypto greed and fear index shows we are currently rated of 14 in extreme fear yesterday, at 14 last week, at 6 and last month, at 12 in extreme fear and if youre not familiar with the crypto agreed and fear index.
Extreme fear can be a sign. Investors are too worried that could be a great buying opportunity, aka btfd by that freaking dip and when investors are getting too greedy. That means the market is due for correction right now, lets break down our next play of the day. The closely tracked crypto strategist, who accurately called bitcoins may 2021 crash, says he could see btc rising exponentially in the coming years. Dave the wave tells his 118 000 twitter followers that, based on his log curve model, bitcoin, could potentially witness an increase of over 1100 percent. Over the next four years, putting him here whos to say we dont get something like this. The main idea at play in this chart is the multi year trend line cutting through the lgc functions as a mean of price, and in this chart it shows you, the bitcoin price, soaring to 260 thousand dollars per btc satoshi babe responded that would put bitcoin at Around 250 000 in 2026 dave the wave responded over a 1 000 increase from here so yeah. Looking at the chart, the crypto strategist predicts a sustained bitcoin rally to 260 thousand dollars by 2026. Let me know if you agree or disagree with the crypto analyst and in addition to predicting the may 2021 collapse dave, the wave also called bitcoins capitulation at around 25 000 in april of this year, when bitcoin was trading at around 43k. Now, in both instances, the crypto strategist relied on the lgc model now dave the wave highlights that the lgc has been predicting the tops and bottoms of bitcoin since 2018, as he shares here.
Well, unsurprisingly, they were thought to be conservative in 2018, when first employed. That price has now tracked the height, and the death of those curves for a few good years should make them less surprising, though, perhaps still undesirable, for some now. As for a short term outlook on the king crypto, the analyst says that bitcoin is gearing up for a rally to hit his 25 000 target, as he shares here. Bitcoin is, on a longer term, buy zone for investors. Technical analysts on the shorter term always more speculative 25 000 target, so there you have it do. You feel were likely to hit 25k here in the short term, as he predicts here in this chart, as well as his long term target of a 260 thousand dollar bitcoin price ill. Let you boy in the comments below and before i break down final story of the day, former crypto billionaire tim draper and says: bitcoin will soar to 250 000 within the next 18 months. But before i break this down first, i want to remind you to smash that show more button right below this video in the description for detailed analysis whats going on in the crypto market. This goes for all 1200 plus videos right here on my youtube channel. Also, some very helpful resources for you to plug into including my crypto merch store, live at merch.cryptonewsalerts.net also be sure to smash that subscribe button and ring that bell to turn on all notifications and help support us with the youtube algorithm.
And, of course, you can follow me on all the major podcasts and platforms from spotify to apples, itunes and, if youre listening to the pod, be sure to check out the youtube channel at cryptonewsalerts.net for the full premium experience with video. And, of course, you can follow me all across social media from twitter, facebook telegram tick, tock and instagram, so where we at be sure to plug in and follow me there right now lets break down our final story of the day during an interview with forbes in January of this year, the venture capitalist tim draper offered an ambitious prediction. Bitcoin would have a whopping 250 thousand dollars within a year and at the time bitcoin was worth 41 thousand dollars, quoting him here. This is the year its going to happen, insisted draper, who paid 18.7 million dollars at a us marshall service auction in 2014 for his stash of around 30 000 bitcoins. Yes, that means he paid 623 dollars per bitcoin, not too shabby yay, so yeah. He says by the end of this year or by early next year. The latest expect a quarter million dollar bitcoin price, but do keep in mind that drapers prediction isnt panning out thus far bitcoin – has lost more than half of his value since the start of the year, plunging from 47 000 on new years day to around 20 000 And he is one of four crypto moguls who are no longer billionaires thanks to the digital currencies crash, but draper isnt backing off reached over email, draper reiterated his price target.
I am more convinced than ever that it is happening. He said by late 2022 or early 2023. Now, since early march, these 11 people have the most money in crypto and aggregate of 61 billion dollars over the last three months, and only seven are still billionaires. You can see the finance ceo leading the pack back in march. His net worth was 65 billion dollars, followed by sam bankman freed. The ftx ceo, with a net worth of 24 billion, followed by coinbases ceo brian armstrong, with a net worth of 6.6 billion dollars, followed by chris larson of ripple at 4.3 billion, followed by the winklevoss twins. The owners of gemini worth four billion, followed by jeb mccaleb, who was the co founder of ripple and stellar lumens at two and a half billion, followed by coinbases fred erstrom at 2.1 billion, followed by microstrategies ceo michael saylor, at 1.6 billion, followed by matthew, rosac of Crypto investments with 1.4 billion, followed by tim draper with 1.2 billion, but do note three months later, that net worth is now down to 647 million, but not too shabby – and i know with him huddling its only a matter of time before it surpasses 1 billion. Once again, now, fred eshrim, co, founder and former president of crypto exchange coinbase insists that the market meltdown is nothing more than growing pains. Putting him here. One thing: most people dont fully grasp it takes years, often decades to go from a new infrastructure level.
Technology breakthrough like crypto to a vibrant ecosystem of mainstream applications. He tweeted earlier in the week now, the 34 year old computer whiz is now worth an estimated 900 million dollars down from 2.1 billion back in march now lets discuss the winklevoss twins. The bitcoin investor twin brothers and founders of crypto trading, firm gemini, have also seen their fortunes fall from an estimated 4 billion dollars in march to 3.2 billion. Now they laid off 10 of geminis staff on june, 2nd, citing the crypto winter, but they havent let the market implosion cramp their style, while the winklevoss twins are playing rockstar sam bankman freed, the richest person currently in crypto is going for a different role. Industry savior earlier this week, the 30 year old, founder of trading juggernaut, ftx, extended huge loans to and battled crypto companies, 250 million to crypto lender block fi and nearly 500 million dollars, including 300 million in bitcoin. Of course, the brokerage voyer digital, quoting him here. We take our duty seriously to protect the digital asset ecosystem and its customers. He recently tweeted. Now, sam bankman frees estimated fortune has only dipped a few billion dollars since march from 24 billion to 20 billion, mostly thanks to ftxs 32 billion dollar valuation from its latest funding round. In january. Meanwhile, cryptos former richest person, xiang ping, zhao or cz founder and ceo of binance, the worlds largest crypto exchange, is in a tongue in cheek mood. I am most bullish in bear markets.
He tweeted on thursday, which was followed immediately by a second post, not financial advice that may have been a joke, but cz has good reason to offer such disclosures. The sec has opened a probe into binances initial coin, offering bloomberg reported earlier this month. Czs company is also under investigation by the u.s justice department, the commodity futures trading commission and the irs talk about being shucking down now. Amongst crypto billionaires, xiao is the biggest loser in percentage and dollar terms. Since march 11th, then cz estimated fortune of 65 billion dollars made him the 19th richest person in the world. Today he is worth an estimated 18.7 billion, not that he cares the slightest. I dont really know what my net worth is. I am not too bothered about it. He told forbes last summer now michael saylor, a true bitcoin believer whose software company microstrategy has spent about four billion dollars on bitcoin investments in the last few years has taken a different approach going on the offensive. The 57 year old software entrepreneur has been bombarding twitter with bullish posts and even made recent television appearances on cnn fox business and bloomberg where he shrugged off concerns about his companys balance sheet and in march microstrategy borrowed 205 million dollars against its own bitcoin. To buy you guessed it more bitcoin now sailor is another ex billionaire. According to forbes worth a little over 700 million dollars. Microstrategy stock is down 56 since early march, compared to the nasdaqs index 14 dip over the same period, but sailor hasnt sold any of his precious bitcoin, not a single satoshi.
He told cnn anchor julia chatterley this week, invoking a little known term for bitcoins smallish unit. One satoshi, which is worth one one millionth of a bitcoin bitcoin, is going to outlast all of us. Sailor insisted im quite sure of that, including cz. The finance ceo about tim, draper, legendary tim draper, bought lots bitcoin at around 650 bucks and theyll say easy. Come easy go to him now when its 21 000, actually his bitcoins drop to 200 bucks. At one point, people were laughing at him, whos laughing now thats right who gets the last laugh now for a quick recap. What i cover with you here in todays show small time investors achieve the one bitcoin dream, as bitcoin holds the 20 000 range. Also in todays show we discussed billionaire shaw, mouth p, issues, a crypto warning and predicts industries. Honey pots will be exposed, as well as the analysts who nailed the may 2021 bitcoin collapse, unveils a massive bitcoin price target of 260 000, and we also discussed former crypto billionaire tim draper, insisting bitcoin will soar to a quarter million dollars within the next 18 months. Where do you feel the bitcoin price is likely to go next? Let me know in the comments right down below now for the top three comments from yesterdays episode. The pay window wrote awesome as always jv. Your comments about the article on ccps warning on bitcoin could be said about the us government too.
Both are afraid of bitcoin because it cant be controlled by them exactly fam 100 engineered fud by the powers that be huddle. Our next featured comment comes from tj mooney, who wrote open minded educated investors acquire bitcoin to get away from dollars, not gain more, invest like michael saylor or live with regrets forever. You got it. Tj keep stacking them sats fam and our third and final featured comment comes from poseidon lottery. I moved 90 percent from coinbase to trust wallet, not liking. How theyre handling things yeah keeping crypto on exchanges is too risky.