Bitcoin News Alerts | Daily BTC Macro Signal

Here's the only clear path for Bitcoin to one day reach $300,000 which equates to a monster 15-fold return from today's BTC price.

The king crypto (Bitcoin) as a store of value aka digital gold can easily eclipse $300,000, it's just a matter of time.

Also in todays breaking Bitcoin News: A popular cryptocurrency trader warns BTC could nosedive to $8,500 as the crypto market encounters severe macroeconomic headwinds.

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

A new study finds that many Wall Street investors believe Bitcoin hasn't bottomed out and will fall to nearly half its current value.

A new Bloomberg MLIV Pulse survey says it asked 950 Wall Street investors whether they expected the king crypto (BTC) to first recapture the $30,000 level or fall to $10,000, with 60% saying they agreed with the bearish scenario.

The poll ran from July 5th to 8th, during which time Bitcoin ranged from a low of $19,420 up to as high as $22,109. At Bitcoin's current price of $19,883, the leading crypto asset by market cap would have to drop by 49.7% to be priced at $10,000.

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

Former BitMEX CEO Arthur Hayes has doubled down on his uber-bullish Bitcoin price prediction, claiming that the price of the world's largest crypto (BTC) will eventually hit a whopping $1 million per coin.

Hayes recently predicted that the price of Bitcoin would touch $1 million by 2030. He believes that Bitcoin would be able to reach that milestone because of the "HODL culture." Users with a high level of conviction will not sell their holdings since they anticipate significant price appreciation in the future.

"The DoomLoop has begun. 1 USD = 1 EUR. Prepare yourselves for YCC and $BTC = $1 million. But please be patient, these things take time."

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

A closely tracked crypto strategist who continues to build his following with timely Bitcoin predictions says the king crypto asset (BTC) could be gearing up for a significant rally.

Cryptocurrency analyst Kevin Svenson tells his 110,200 Twitter followers that he's looking at Bitcoin's moving average convergence divergence (MACD) indicator on the three-day chart which suggests that Bitcoin is likely setting up for a sustained bounce.

"Bitcoin three-day MACD cross will likely lead to continuation up. The three-day candle closes tonight. We're very likely going to confirm the cross soon."

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

Shark Tank star Kevin O'Leary says he's expecting to witness a massive Bitcoin capitulation event that will trigger fear and panic among crypto investors.

"I like a big, big panic event. That's always been a great way to bottom. It's towel throwing. It's capitulation. It's massive volume. It's total panic in the streets and always a great buying opportunity.

I have no idea who's next. Could be tomorrow morning, could be a month from now, but it's coming to a theater near you, and it will definitely be a very good thing for this industry. It'll be a great thing because it'll take out all of the bad broken business models, the heavy leveraged [and] the speculation that was too risky."

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

One crypto analyst maintains a contrarian bullish stance on Bitcoin for the rest of the year despite a dramatic drop from all-time highs.

The closely followed cryptocurrency analyst Credible Crypto tells his 336,000 Twitter followers he foresees BTC hitting all-time highs (ATHs) in the next six months before the real bear market begins.

"Still expecting a new ATH and six-figure BTC by 2023 and believe we are likely back on our way down in 2024-2025 and in the depths of a bigger bear market than most have ever seen at that point."

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

Popular crypto strategist and trader Kaleo says Bitcoin will hit a new all-time high of at least $110,000 months after the next BTC halving.

"Late 2024 / early 2025 we finally see a new Bitcoin all-time high and six-figure BTC.

I want to clarify – I think BTC *does* go higher than what this chart shows (~$110,000), but even if that's all we see… that's still a 5x+ from current prices in less than two and a half years. That's not bad at all. Might even be just enough to outpace inflation."

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

Bitcoin is flashing multiple bottom symbols, according to Yassine Elmandjra, an analyst at ARK Investment Management.

Elmandjra notes the king crypto (BTC) is trading below its 200-week moving average (MA) short and long-term cost bases.

It's only the fourth time that's happened in Bitcoin's price history, according to the analyst.

"As stakeholders with the most skin in the game, miner capitulation is a key bottom marker. The Puell Multiple, a measurement that compares daily miner revenue to its yearly average, is at a 3-year low."

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

One crypto analyst is comparing Bitcoin's price action to one traditional stock to predict what's next for BTC after a rocky last two months.

"Short and succinct, not financial advice, of course, everything mean reverts unless it's a piece of crap or it's broken.

Tesla has held up well during the correction and recession incredibly well. While I believe Tesla will hit $1,200 in the next six to 12 months, which is slightly less than double, I also believe Bitcoin could potentially triple in the same timeframe. Six to 12 months, which takes out to summer 2023 and that's very, very conservative."

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

Seasoned crypto investor Tone Vays says that Bitcoin (BTC) is on the verge of another breakdown which could send the price of the leading cryptocurrency asset to a new 2022 low.

In a new strategy session, Vays tells his 121,000 YouTube subscribers that Bitcoin's outlook remains bleak as BTC tries to "desperately" cling to the $19,000 level.

Looking at Vays' chart, a break of Bitcoin's immediate support could drive BTC to his target at around $14,500.

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