Bitcoin News Alerts | Daily BTC Macro Signal

Ark Invest CEO Cathie Wood in a recent Bloomberg interview on July 17, 2023 says that her confidence has increased towards her $1,500,000 Bitcoin bull case price prediction.

"We went to a bear base & bull case. So our bull case is $1.5 million, the base case is *$682,000. Now one reason internally our confidence has increased towards the bull case is because what happened during the regional bank crisis in March."

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Legendary billionaire investor and Paypal co-founder Peter Thiel is convinced that the Bitcoin price is primed for 100x gains, sharing his target of over $4,000,000 per coin, which ultimately means BTC surpassing the market cap of gold and eventually rivaling the value of the entire stock market.

"The central banks are going bankrupt," Peter Thiel says. "We are at the end of the fiat money regime. I'm still hopeful that Bitcoin will go up by a factor of 100x."

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Michael Saylor outlines how Bitcoin goes to $1,000,000 per BTC, as a result of a spot Bitcoin ETF being approved, as there's massive political pressure to approve one.

"I have said before and I will repeat it again. If it's not going to zero, it's going to a million. It's either nothing & if its nothing then its getting scrubbed out & banned & of course we now know it's not getting banned. There's no way that Fidelity, Citadel, BlackRock, Charles Schawb, Deutsche Bank, Credit Agricole, Banco Santander all decide they're interested in this, they're not endorsing a tulip bulb, right? Once you go from zero to the one, then the question is, well its an asset class & if it's not going away what is it worth? Well it's worth 1% of the assets in the world so 1% drives it up by a factor of 10-20."

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Strike CEO Jack Mallers is convinced the Bitcoin price will hit $1,000,000, fueled by global hyperinflation. "There are only two things I can guarantee in this world: Nobody can live forever and nobody can create more than 21M Bitcoin. For everything else, there will always be more supply given enough demand. That's why the only two things I truly value are my life and my Bitcoin!"

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"Crypto will transcend international currencies" - BlackRock CEO Larry Fink

If the BlackRock Bitcoin ETF gets approved by the SEC, Bloomberg ETF analyst Eric Balchunas believes that $30 trillion worth of capital could be made available to the Bitcoin market. That is the estimated amount of assets managed by US financial advisers who would be willing to get exposure to the top cryptocurrency (BTC) through a regulated ETF.

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Bitcoin permabull Max Keiser, outlines the fact Bitcoin was designed to be attacked, hence the more you attack it, the higher the BTC price will go, ultimately sending Bitcoin to $1,000,000 per coin.

"Bitcoin is designed to be attacked. When the EU says, 'We need to attack the price of Bitcoin', that is music to bitcoiners ears because all attacks mean greater hash rate, greater security & higher prices. It's designed to be attacked, the more you attack it the higher the price goes. So we welcome the EU attacks, & the IMF & Christine Lagarde & central banks & federal reserve bank. Please attack me so that my price can go to $100K, $200K, $1 Million per coin, thank you."

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Binance CEO CZ (Changpeng Zhao) shared in a recent Twitter Spaces "The Year after Bitcoin Halving is Usually the Bull Year" and addressed BlackRock's entry into crypto, applying for a spot Bitcoin ETF, which helps support his $10 million BTC price prediction.

"If all of them only allocated 1% to Bitcoin we are going to see, I don't know, 1,000x more growth in Bitcoin price. And if they allocate more than 1%, that's going to be even bigger. So I think people don't quite get the magnitude of the wave that is about to hit us."

"With price predictions, it's really, really difficult. I think it could go to, I don't know, $1 million, $10 million. It's very hard to tell."

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Robert Kiyosaki – "Rich Dad, Poor Dad" best selling author, forecasted a grim future for the US dollar, advising people to focus on precious metals and Bitcoin. He believes the king crypto (BTC) can skyrocket to $120,000 in 2024.

"August 22, 2023, in Johannesburg, South Africa, BRICS nations announce gold backed crypto. US $ will die. Trillions of US $ rush home. Inflation through the roof. Buy Gold, Silver. Bitcoin to $120k next year."

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Standard Chartered Bank is now forecasting a $120,000 Bitcoin price by 2024. The $800 billion banking giant predicts an incoming supply shock for the king crypto (BTC).

Bitcoin should reach $50,000 in 2023, the report from the global head of research and chief strategist, Geoff Kendrick, forecasts. Thereafter, the BTC price should go on to $120,000 by the end of next year.

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SkyBridge Capital founder Anthony Scaramucci predict's the Bitcoin price reaching $400K per coin as BTC approaches 1 billion users.

"So intrinsic fair value to me would be about $400,000 a coin. I'd add a billion users because again you have fixed supply & you've got less than 21 million coins out there."

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