Bitcoin News Alerts | Daily BTC Macro Signal

Amazon denied reports it will accept Bitcoin payments soon, but seemingly, it's only a matter of time before the tech giants embrace the token economy. The question still remains: If and when the tech giants do commit, what impact will they have on the cryptocurrency and blockchain industry? For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

The entire supply of Bitcoin will eventually go to the zealot DCA (Dollar Cost Average) army, bringing enough fiat into BTC that fiat ceases to exist. This could very realistically create a permanently upwards sloping Bitcoin price floor and drive the BTC price toward a (relatively) stable price of $1 million per coin within a year or so. For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

A new report from Bloomberg Intelligence suggests the Bitcoin price may soon approach $100K per BTC should historical trends continue. The intelligence report stated, "What's changed in about three years is sufficient to sustain more of the same for most of Bitcoin's history - rising prices. Supply is declining while demand and adoption are rising in most countries..." For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Alex Mashinsky, CEO of crypto lending platform Celsius, says he's standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range. " I still stand by my prediction that this year we'll see anywhere between $140,000 and $160,000 per Bitcoin." For complete show notes and for the full premium experience with video, visit YouTube channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Despite Bitcoin currently trading at around $39,700 as of Aug. 2, some analysts anticipate that the BTC price can rise by another 100%. Nunya Bizniz, an independent market analyst, posted the bullish setup on Sunday, noting that each of the cryptocurrency's previous 10-day bull runs has ended up doubling its prices at a later stage. For complete show notes and for the full premium experience with video, visit YouTube channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto analyst Teeka Tiwari, who picked BTC at $428 in 2016 shared in a new interview, "In my opinion, over the next five years, a Bitcoin will be worth over a half a million dollars." The former hedge fund manger predicted back in August when Bitcoin was still trading at about $10,000 that BTC would reach $60,000 or $70,000 "a lot sooner than most people realize." For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Global Equities Research's Trip Chowdhry in a note to clients said he thinks the Bitcoin price will rise from $54,000 to $4 million per BTC. "We are of the opinion that Bitcoin will get to $4 million per Bitcoin, in the next 18-24 months," wrote the analyst. Chowdhry also shares 5 reasons why he is confident that the BTC price will reach $4 million. For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

Pantera Capital founder Dan Morehead is anticipating a $700,000 Bitcoin price on the heels of rising adoption rates. In an interview on Yahoo Finance Live, Morehead outlines his bullish thesis, saying that the top crypto asset could hit $700,000 once everyone with a smartphone connects to the BTC network. For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

When near-term BTC confusion prevails, sometimes it's best to take a step back to see the bigger picture of where the market is and what possibilities the future holds. According Crypto trader Inmortal, Bitcoin's 4-year cycle is currently about 65% through its bull-market phase and he predicts a top at $150K, which will be followed by a correction to $32K. For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices

The first publicly available U.S. mutual fund that generally tracks the Bitcoin price has been launched by a $60 billion fund manager. In a press release this morning ProFunds announced the launch of its Bitcoin Strategy ProFund (BTCFX). This will be the first publicly available U.S. mutual fund that generally tracks the price of Bitcoin. For complete show notes and for the full premium experience with video, visit YT channel at http://CryptoNewsAlerts.net Learn more about your ad choices. Visit megaphone.fm/adchoices