Bitcoin News Alerts | Daily BTC Macro Signal

On Thursday Cuba's government said it would "recognize and regulate" Bitcoin and other cryptocurrencies for payments on the island, Bloomberg reported. "Because of tough embargo rules in Cuba it has become difficult to use dollars, and as a result the popularity of Bitcoin has grown among Cuba's technologically savvy." For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin bull Anthony Pompliano is predicting a BTC FOMO phase that he says Wall Street investors aren't ready for. "When you start thinking about all of these Wall street guys that come in, whether they're hedge funds, corporations, or some sort of asset manager, I don't think they're ready for this. This stuff is going to absolutely rip their faces off." For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Early Bitcoin investor crunched the numbers on BTC, and says it's looking mighty undervalued at the moment. "We did a study showing the number of people using Bitcoin over the years and price of Bitcoin. Both of those data series went up by an order of magnitude every two years. If that kept going, that would put BTC at $700K when everybody with a smartphone uses it. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Dan Held at crypto exchange Kraken, says that Bitcoin could surge by over 500% if BTC follows the cycle of its 2013 bull run. "If we repeat 2013, we could see Bitcoin hitting between $300,000-$400,000 Bitcoin. Now. history usually rhymes, it doesn't repeat itself, so it's probably not going to be exactly that, but if it did, that would be my best price point. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

We believe Bitcoin can reach our bullish scenario target of $178k by December 2021 or a bit later, in case this BTC cycle extends into 2022. This will require minimal on-chain selling pressure, especially as Bitcoin price pushes above $100k. As long as the long-term holders continue to hold, even with BTC at $100k, we can easily expect prices to move higher. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

In a recent interview with Scott Melker (The Wolf Of All Streets), the Bitcoin S2F model creator PlanB, gave reasons why he believes BTC will trade as high as $5 million per coin in years to come. And yes, the S2F models predict prices ranging from $1 million (for the normal stock flow model) to 5 million (for the stock flow x model)," PlanB explained. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bitcoin price jumped back above the $49K zone on Saturday. 30-day statistics show the value of bitcoin has swelled by 50% over the last month and many believe that this BTC bull run is not over. Popular stock-to-flow (S2F) creator Plan B recently shared a S2F chart that indicates a possible "2nd leg of this bull market." For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Full-time Bitcoin troll Peter Schiff acknowledged that the BTC price could have another impressive leg up by reaching $100,000 or even $1 million per BTC. "Clearly, I wish I had bought bitcoin when I first heard about it – that was a keen mistake. Could have I put $100,000 in it – yeah, I could have. I mean, I put $100,000 in other things that turned out poorly. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is facing a "double bubble" and will see two BTC price tops this year, fresh data suggests. In a tweet on Wednesday, Charles Edwards, CEO of investment firm Capriole, highlighted 2021 as having one key similarity to the 2013 double top bull cycle. "New evidence for a Bitcoin double bubble," he summarized. For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

The popular stock-to-flow Bitcoin pricing model is still showing positive signs and a possible second leg for the current bull market. The model has been pretty accurate during Bitcoin's lifespan so far, and its creator still asserts that prices have a lot further to go during this cycle: "IMO we are going up, first to 100k, then 288k" For complete show notes and for the full premium experience with video, visit our YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices