Bitcoin News Alerts | Daily BTC Macro Signal

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."

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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.

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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."

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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.

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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."

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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."

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Hustlers University founder Andrew Tate reveals flipping a $600,000 Bitcoin investment back in March 2020 when BTC was trading at around $5,000 into $12,000,000 profit.

In a Tate Confidential Tatespeech, Andrew Tate also explains why he rallies behind the king crypto (Bitcoin) and explains why fiat money is trash.

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Crypto analyst, anonymously known as Credible, informs his 338,500 followers over Twitter that Bitcoin will soon see an end to the bear market and begin a bull rally targeting a six-digit BTC price level.

As per the analyst, Bitcoin has not yet dropped towards $14,000, confirming the currency's move towards the fifth wave targeting $100,000.

"I am expecting at least 100k, not 300k+, likely somewhere around 150k-ish."

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A popular crypto trader and analyst is predicting Bitcoin will see a major impulse breakout of the BTC price within months. His chart shows an arrow reaching toward $31,000.

The pseudonymous trader Kaleo tells his 535,700 Twitter followers he expects BTC to experience a step toward a higher accumulation range, topping out at $25,000, followed by a larger breakout.

Since July, he notes the king cryptocurrency price has fluctuated around the same range for the past three months.

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Robert Breedlove, the founder of crypto investment firm Parallax Digital has suggested that Bitcoin (BTC) stands a big chance of recording a significant spike in future mainly driven by a drop in the purchasing power of the dollar.

According to Breedlove, his model places Bitcoin to trade at $12.5 million by 2031, a value equivalent to $1 million based on today's purchasing power, he said during an appearance on Altcoin Daily podcast on September 13.

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