Bitcoin News Alerts | Daily BTC Macro Signal

Bitcoin bull Michael Saylor notoriously doesn't care much about altcoins, including Ripple (XRP) and Ethereum (ETH). In a most recent podcast appearance, Saylor spoke out about the classification of those cryptocurrencies as securities.

In reference to the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Saylor laid out that he believes Ripple is an unregistered crypto security.

Learn more about your ad choices. Visit megaphone.fm/adchoices

A crypto analyst who correctly called the Bitcoin's collapse last year is predicting a Santa Claus rally for the king crypto (BTC).

The pseudonymous analyst Dave the Wave tells his 131,100 Twitter followers that Bitcoin looks poised to take out the horizontal resistance of an ascending triangle pattern.

"BTC Xmas rally on the cards…"

Dave the Wave also says that Bitcoin could ascend to $350,000 by December 2027 based on his logarithmic growth curve (LGC) model.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Seasoned hedge fund manager Mark Yusko of Morgan Creek Digital says that Bitcoin will eventually replace gold, and predicts the king crypto (BTC) will hit a six-figure price tag.

Yusko says Bitcoin is on track to replace gold, largely due to its superior divisibility and portability. Based on the monetary value of gold, he sets a price target of roughly $250,000 BTC in the long run.

"$5 trillion, the monetary value of gold, roughly equals $250,000 price per Bitcoin. Now, it won't all happen tomorrow, but over time it's going to happen."

Learn more about your ad choices. Visit megaphone.fm/adchoices

A crypto strategist who correctly called the Bitcoin collapse in May 2021 is predicting a meteoric ascent for the crypto king (BTC) in the coming years.

Pseudonymous analyst Dave the Wave tells his 130,200 Twitter followers that Bitcoin could ascend to $350,000 by December 2027 based on his logarithmic growth curve (LGC) model.

"Though $350,000 might be…"

Learn more about your ad choices. Visit megaphone.fm/adchoices

Economic journalist and Bitcoin maximalist Max Keiser recently joined Fox News host Tucker Carlson to discuss how FTX went bankrupt.

The two personalities discussed how the king crypto (BTC) can fix corruption within the financial system, including at FTX and on Wall Street.

"It's almost like a litmus test," he said. "If you are essentially a corrupt individual, like Sam Bankman-Fried, Bitcoin made him more corrupt. If you're someone who is nobler with intentions, like a Michael Saylor, it elevates you."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin now faces a tougher path to eventually reaching $500,000, according to Mike Novogratz - with the Galaxy Digital chief executive backing down from his previous BTC price prediction that the king crypto would hit that level within five years.

Novogratz said in a recent interview that the Federal Reserve's monetary-tightening campaign led by chairman Jerome Powell has been the key factor that caused the Bitcoin price to plunge 63% to just under $17,000 this year.

"No, not in five years," he told Bloomberg TV when asked about a previous prediction he'd made that Bitcoin would hit $500,000 by 2027.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Top on-chain crypto analyst Willy Woo says that Bitcoin (BTC) is in an accumulation phase similar to the market bottoms of 2015 and 2018.

"$12,000 wouldn't shock me. $10,000, I think everyone's wanting and so it usually doesn't happen what everyone wants. So $12,000 wouldn't shock me, $12,000, $13,000. It may run away from here or it may drop even further. These are very broad-stroked indicators. But it's probably not a bad time to dollar-cost [average] in."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Veteran investor Mark Mobius, the founder of Mobius Capital, expects the Bitcoin (BTC) price to fall to $10,000. Nonetheless, he said: "Crypto is here to stay as there are several investors who still have faith in it."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto industry veteran and early Bitcoin OG Bobby Lee says that bad actors ignorant of regulation have to be expunged from the market.

In a new interview with Bloomberg Markets Asia on Yahoo Finance, Lee, co-founder of Hong Kong-based crypto exchange BTCC, reveals what price he expects Bitcoin (BTC) to bottom out at the end of the bear market.

"[Bitcoin] has crashed down to below $16,000. Previously, I've said that it will probably go to $15,000. Given the magnitude of the FTX blow-up, it could go down to $13,000 or even touch $10,000. That's going to be a very, very drastic crash. There has to be more bad news to come out."

Learn more about your ad choices. Visit megaphone.fm/adchoices

Hedge fund veteran Tom Lee remains long-term bullish on Bitcoin (BTC) and expects the crypto industry to come out of its bear market stronger than before.

In a new interview on CNBC, the Fundstrat managing partner says while 2022 has been "terrible" for crypto investors with the collapse of FTX, he thinks a new chapter could be emerging.

"Nobody has made money in crypto in 2022, but it's not that different than 2018. If we look back at that crypto winter when Bitcoin went from $17,000 to something like [$3,200] or so, that was the time that some of the best projects were created. So I think that it's an important moment for the industry. I think it is cleansing a lot of bad players, and I think it's important."

Learn more about your ad choices. Visit megaphone.fm/adchoices