Bitcoin News Alerts | Daily BTC Macro Signal

Crypto analyst and trader Jason Pizzino is optimistic that Bitcoin will hit a seven-figure price over time.

In a new video update, Pizzino tells his 263,000 YouTube subscribers that it's "not too far out of the question" for the king cryptocurrency to rally by around 25 times and reach a price of $1,000,000 per BTC.

"A 25x might seem like it's a little far-fetched. But as we can see from December 2018 to the current top in 2021 in November, it's basically been a 22x return. So 2,100% here. So it's not too far out of the question. But I just think it's going to take a lot more time than people are expecting."

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According to Finder's panel of 35 cryptocurrency experts, they believe that Bitcoin will peak at $81,680 this year, setting a new all-time high.

As far as long term BTC price predictions, the panel now predicts that Bitcoin will be worth $420,240 in December 2030. This is roughly 25% lower than their forecast of $567,472 in October.

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The pseudonymous crypto analyst Plan B says that, barring a black swan event, all the indicators point to a bright future for Bitcoin in the coming months.

In a YouTube interview with Blockware Intelligence, the quantitative analyst lays out the case for why he thinks numerous BTC metrics look so positive.

"At the risk of being called a moonboy, all the signals, whether you look fundamentally, like stock-to-flow [S2F] for example or on-chain, realized cap or other metrics, or in the news, the macro news, the number of countries that are opening up to Bitcoin. Everything is positive."

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Bitcoin dropping to $25,000 or lower is unlikely thanks to hodl'ers hoping for all-time highs, not speculative traders, new research says.

Quoting on-chain cryptocurrency analyst Root on Crypto Twitter:

"With the HODL Army growing it's allowing us to make new ATH's (69k top) without barely any STH's in the market. Since we didn't reach prices above 100K, which so many expected, many still believe this will eventually happen and might therefore hold on to their coins."

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Popular cryptocurrency analyst Michaël van de Poppe is predicting rallies in XRP and Litecoin (LTC) and says one key metric will spark the next big bull phase of Bitcoin and the entire crypto market.

According to him, the US dollar index (DXY), which pins the USD against a basket of fiat currencies, needs to reverse course on its nearly 1-year long rally.

"Still waiting for this one to turn around, then the party of crypto will begin."

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Bitcoin could hit $100K within a year, the CEO of crypto lending firm Nexo has predicted.

Antoni Trenchev told CNBC he thinks the world's biggest cryptocurrency can surge above $100,000 "within 12 months."

He said that BTC could fall in tandem with traditional financial markets as the Federal Reserve unwinds its massive stimulus policy. But eventually, a "crash" in stocks could force to the Fed back into easing, he said.

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In a panel at the Miami 2022 Bitcoin conference with Ark Invest's CEO Cathie Wood last Thursday, Michael Saylor said he was "more bullish than ever on Bitcoin" and agreed with Wood's prediction that the King Crypto could reach $1M per coin by 2030.

MicroStrategy, together with its subsidiaries, currently holds 129,218 bitcoins on its balance sheet, with a total purchasing cost of $3.97 billion for an average of $30,700 per BTC.

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The CEO of centralized finance platform Celsius Network (CEL) is predicting a six-figure price for Bitcoin (BTC) later this year.

In a Kitco News interview, Celsius head Alex Mashinsky says that Bitcoin will surge above $100,000 before the end of 2022 if it can overcome several key psychological resistance levels.

"I think we're definitely going to hit all-time highs. All-time highs are not that far from where we are, it's $67,000. And the question we don't know is what happens afterward. How much resistance we're going to have at $70,000, $80,000, $90,000. I think we are going to break $100,000."

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The analyst who called the May 2021 crypto market collapse says there's now a case to be made for the king cryptocurrency (Bitcoin) to rally its way to the $135,000 level.

The closely followed pseudonymous analyst known as Dave the Wave tells his 96,000 Twitter followers that based on one theory, BTC could top out roughly 229% above current price levels about a year from now.

By drawing straight, long-term trend lines through each Bitcoin bull cycle, Dave the Wave identifies each cycle's bottom, top, and bear market bottom.

"One for the bulls.

The 'BBT's project a 135K target mid next year~"

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Macro guru Raoul Pal is calling Bitcoin / Crypto the fastest growing asset class in human history and predicts gargantuan growth for the cryptocurrency markets by 2030.

The Real Vision CEO says Crypto markets could 100x from current levels and reach a $200 trillion market cap, even if there are slow years along the way.

"We're at 300 million active users worldwide in digital assets. Essentially, it's growing at 185% [per year]. We get to 600 million-plus, call it 750 million, by the end of this year. Even if we have a slow year – we get to 500 million. The year after, it's a billion. The year after that, it's two billion. Year after that – four billion.

The speed at which this is coming, people do not comprehend. And the movement, I think, from the $2 trillion asset class today to the $200 trillion asset class that's [Jeff Dorman's] talking about is by the end of the decade."

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