Bitcoin News Alerts | Daily BTC Macro Signal

Experienced crypto trader and analyst Tone Vays is predicting that Bitcoin (BTC) will hit a six-figure price in 2023. In a Kitco News interview, the veteran crypto trader says that Bitcoin's next halving cycle will trigger a bull run next year. Vays says that he will be "surprised" if Bitcoin doesn't reach six-figure prices in the coming months. Learn more about your ad choices. Visit megaphone.fm/adchoices

A senior Bloomberg crypto analyst says that Bitcoin (BTC) skyrocketing to a six figure price tag is only a matter of time. In a new interview with Daniela Cambone of Stansberry Research, Bloomberg commodity strategist Mike McGlone says that Bitcoin's price will eventually see a massive spike to $100,000 due to a combination of increased adoption and limited supply. "So Bitcoin, I think it's [only] a matter of time [until] it appreciates towards that $100,000 level. And at some point, it's going to just slip in and kick into that bull market – maybe at the same time gold and treasury bonds do in terms of price." Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is on track to hit a massive $2 million per coin within six years, asset management guru Lawrence "Larry" Lepard believes. In his latest appearance on the Quoth the Raven podcast Oct. 16, Lepard said that the king crypto (BTC) could "easily" deliver 100X returns from current prices. "Bitcoin could go to zero but I personally believe Bitcoin's going to go up 100X." Learn more about your ad choices. Visit megaphone.fm/adchoices

Comparing the Bitcoin price actions prior to the midterm elections of 2018 with those of 2022 shows a strikingly similar crypto bear market trend. Independent market analyst Aditya Siddhartha Roy thinks the BTC price will fall into the $12,000-$14,000 range if a similar breakdown occurs. He further notes that the king cryptocurrency (Bitcoin) could bottom out in November or December 2022, just like in 2018. Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed on-chain analyst says Bitcoin is currently on pace to hit one billion unique users in the coming years. Willy Woo tells his one million Twitter followers that 12% of the world's population will be using the king crypto (BTC) in the next 36 months. "Bitcoin took six months to get 1,000 users; five years to find one million users. Today, 13.8 years from inception, it has 300 million+ users, 4% of the world. At current growth rates, one billion users will be hit in the next three years. To clarify, these are unique users, not addresses." Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bitcoin Rainbow Chart indicates that the BTC price may have bottomed out. According to the chart, if Bitcoin price follows the long-term ongoing pattern, the king crypto (BTC) could reach the 'Maximum Bubble Zone' represented by dark red which shows the Bitcoin price could reach $626,383 by October 9, 2024. Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's breaking Bitcoin News, conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan Chase allegedly closed the bank account of Kanye West (also known as Ye). As far back as 2020 on the Joe Rogan podcast, Kanye West revealed the 'True Liberation Of America' could be Bitcoin and after this recent bank cancelation it couldn't be anymore obvious that the king crypto (BTC) really is the answer. "Earlier today I learned that [Kanye West] was officially kicked out of JP Morgan Chase bank," Owens tweeted on Wednesday. "I was told there was no official reason given, but they sent this letter as well to confirm that he has until late November to find another place for the Yeezy empire to bank." Learn more about your ad choices. Visit megaphone.fm/adchoices

Ark Investment Management analyst Yassine Elmandjra is standing by his firm's prediction that the Bitcoin price will shoot past the million-dollar mark, despite this year's massive crypto sell-off in the digital currency. Cathie Wood, the fund manager behind Ark's flagship innovation-themed ETFs, forecast earlier this year that the world's largest cryptocurrency (BTC) would top $1 million per coin by 2030. Yet, coin holders and miners have been selling off Bitcoin en masse in 2022 as the Federal Reserve continues to aggressively tighten monetary policy, driving investors away from riskier asset classes, such as crypto. Learn more about your ad choices. Visit megaphone.fm/adchoices

Morgan Creek Capital CEO Mark Yusko remains confident that the Bitcoin price is still going to reach $250,000 (as he has predicted several times in the past): "I absolutely positively believe that Bitcoin is digital gold… I think it is a better form of value storage. I absolutely believe that. Gold – $10 trillion above ground. Half of it [is] in jewelry and chalices – that doesn't count. The monetary value of gold [is] about $5 trillion. So $5 trillion from [BTC's market cap of] $400 billion today, that's [a] 10x. [A] 10x from here at $20,000 is $200,000. Round it, my numbers are off a little bit, to that $250,000 number. Seems easy to me to get to $250,000 because you got a few lost or stolen coins. No problem... Every halving we had a zero – first halving was $10, second halving was $100, third halving was a $1,000 [and] fourth halving was $10,000, so that means that next halving is $100,000." Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst known for calling the Bitcoin May 2021 collapse thinks BTC is en route to 40x gains over the long term. The pseudonymous analyst known as Dave the Wave tells his 127,500 Twitter followers that if Bitcoin matches gold's market cap in the future, that will equal a surge of about 40x. "How about a Bitcoin 40x? Beats a 10x buy. Over a 20 year period, works out to 17% compounded." Learn more about your ad choices. Visit megaphone.fm/adchoices