Bitcoin News Alerts | Daily BTC Macro Signal

A top crypto trader and analyst is revealing how the king crypto (Bitcoin) could soar by nearly 50% to $38,000 per coin.

Bennett says that after breaking above $26,500, BTC will have to overcome the $30,000 level in order to appreciate by about 46% from the current price and hit the next target of $38,000.

"So if we can see Bitcoin reclaim those two levels that I mentioned and start to move higher over the coming days, then here are the two key areas I'm watching over the coming weeks.

Now, the first one comes in right around $30,000, and that's because of the consolidation that we saw back in May… so $30,000 area is going to be a huge area for Bitcoin. Above that, we do have the confluence of resistance up around $38,000…"

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According to a popular crypto analyst, a partnership between two financial giants could trigger growth in Bitcoin value to about $773,000. Here is an analysis of how that could happen.

He believes that if BlackRock invests 0.5% of its assets into BTC and uses my multiplier of 21x, then it will increase the market cap by $1.05 trillion, which will mean that Bitcoin will gain $75,000 in value, taking it to $98,000. From today's price, the ROI (return on investment) would be 326%. The possibility of achieving this goal is very, very real.

There has been a lot of talk about adding 5%, and that is what Dan Tapiero says, and he believes that is much too aggressive. There is a possibility, perhaps over a period of time, maybe within three or five years, that this might become a reality. It is very likely that Bitcoin's price will reach $773,000 in the next three to five years pretty easily.

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A popular crypto analyst is impressed by how well altcoins are performing against Bitcoin but still believes the king crypto (BTC) can reach new all-time highs surpassing $100,000 in the near future.

The anonymous host of InvestAnswers tells his 443,000 YouTube subscribers that while 94% of altcoins are currently outperforming Bitcoin on the BTC Dominance chart, he believes they're peaking and BTC is primed to rise again.

"When 75% of the top 50 coins perform better than Bitcoin over the last 90 days, it becomes altcoin season and we are way above 75%, so that is pretty staggering.

Pretty impressive, but whatever goes up comes down, so expect Bitcoin Dominance to be on the rise again soon. We're already seeing that happen right now as we speak… so expect everything to be choppy as we go forward."

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ARK Invest founder Cathie Wood thinks BlackRock's entry into the crypto space could have huge implications for the Bitcoin price action.

"Last week, US-based cryptocurrency giant Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring crypto trading to wealthy clients.

Blackrock's decision to partner with Coinbase is a strong signal that institutions consider bitcoin. Based on ARK's simulated portfolio allocations, institutional allocations between 2.5% and 6.5% could impact bitcoin's price by $200,000 - $500,000"

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According to crypto exchange Changelly, the Bitcoin price might peak at around $937k in 2030, with the king cryptocurrency (BTC) trading at an average price of $798k per coin.

What drives these predictions? Well, a couple of reasons. For starters, most are optimistic about the value of Bitcoin's scarcity coming into play. Secondly, maximalists envision a future where demand for Bitcoin is endless. Finally, with Bitcoin adoption rising by 113% annually, many believe the same will one day be highlighted by BTC's price.

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A popular crypto analyst is breaking down how the partnership between two financial giants could trigger a Bitcoin explosion to $773,000.

Last week, US-based crypto titan Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring cryptocurrency trading to wealthy clients.

In a new strategy session, the host of InvestAnswers tells his 443,000 YouTube subscribers that the partnership could boost Bitcoin's market cap by a trillion dollars at the very least.

"If they add 5%, which is what Dan Tapiero says, I think it's way too aggressive. Maybe over time, maybe in the next three to five years, that could be possible. That would take the price of Bitcoin to $773,000 in the next three to five years pretty easily."

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Why an integration with Bitcoin could be next for the personal finance ecosystem of tech giant Apple and what it would look like. And more importantly, what would it mean for the future of the king crypto (BTC)?

Let's say Apple took this next step and integrated with Bitcoin; it would be the most significant leap in adoption that the original cryptocurrency has ever received. Despite already integrating with other popular financial apps like Venmo and CashApp, a Bitcoin integration with Apple would immediately onboard the more than one billion iPhone users to the Bitcoin blockchain.

If Bitcoin were to gain that kind of exposure, it would further bolster its role in our increasingly digital world. Of course, most of this thinking is entirely speculative, but it's a valuable analysis. Current trends signal that in order to remain competitive, Apple (and many other tech companies) will have to find new ways to make BTC more accessible or risk falling behind.

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Quant crypto analyst Dan Tapiero, founder and CEO of 10T Holdings made a bold price prediction for the king cryptocurrency (BTC) to explode to $250K+ per coin as a result of the major BlackRock and Coinbase partnership, helping to usher in mass institutional Bitcoin adoption.

"Chart that got BlackRock excited about partnership with Coinbase! No bigger a macro opportunity for BLK than acting to facilitate Bitcoin adoption. 5% shift in BLK assets is $500b...greater than BTC value today. Catalyst for path to $250k+ post btc halving becoming clear.

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MicroStrategy founder and Bitcoin bull Michael Saylor is stepping down as CEO of the firm as the business software company reports incurring a $917.8 million BTC loss during the second quarter of the year.

Saylor says that his new position as the company's chairman will allow him to focus more on being an advocate for the king crypto (Bitcoin).

"I have emerged as an important advocate and spokesperson for the Bitcoin community on a worldwide basis. This will allow me to take the role of executive chairman where I can be a more enthusiastic advocate for Bitcoin while Phong and Andrew manage the corporate operations, execute on the MicroStrategy ongoing business strategy."

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SkyBridge Capital founder Anthony Scaramucci says that Bitcoin is way below its actual fair value by 70%, and that the bottom is likely already in for the king crypto.

In a new interview with MarketWatch, the veteran hedge fund manager says his firm's metrics put the current Bitcoin value at roughly $40,000 per coin.

"We believe that the leverage has been blown out of the system. I don't think it's going below the low that was reached for this cycle, which would be at around $17,500.

According to our fair market value metrics based on adoption, wallet size, use cases, growth of wallets, we think the fair market value for bitcoin right now is about $40,000."

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