Bitcoin News Alerts | Daily BTC Macro Signal

Bitcoin billionaire and venture capitalist Chamath Palihapitiya, who happens to be an early BTC adopter predicts the king cryptocurrency to surpass $1 million per coin within the next 15 years as well as hit $200K in the years ahead.

The Bitcoin O.G. believes it's now best to view both the king crypto and the US dollar in a narrow lens by tracking their relative strength alongside direct competitors.

"Conventional wisdom is that the war in Ukraine is the crypto boon we've all been waiting for and that the USD is on its last legs. But in reality, BTC and USD are both winning right now. Here's a more nuanced take…

BTC is separating itself as an institutional grade safe haven vs EVERY other crypto asset AND the US denominated assets are well bid vs assets in other currencies.

When BTC falls, other cryptos fall more. When US assets fall, other non-US denominated assets/currencies get smoked."

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The founder of Skybridge Capital, Anthony Scaramucci, has doubled down on his $100K Bitcoin price prediction. He also believes that the king cryptocurrency (BTC) could reach $500K a coin in the long run.

"But if you're willing to zoom out and look at the long term chart and look at the adoption story, could bitcoin get to a half a million dollars a coin? I believe it will."

"But we've got some work to do here from a regulatory perspective," he stressed. The executive also advised how an average investor should get into bitcoin.

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The crypto analyst who called Bitcoin's collapse in May 2021 unveils the potential path for the king cryptocurrency to reach the six-figure mark this year.

"One for the bulls. Aligning the micro with the macro. $100,000 within striking distance this year…"

While Dave the Wave's chart shows a strong rally to roughly $120,000 by late this year, it also forecasts a deep capitulation to around the $25,000 mark before any bullish action can start.

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Bloomberg Intelligence says that Russia's invasion of Ukraine could aid in driving up the prices of Bitcoin (BTC) and Ethereum (ETH).

"The Russia-Ukraine conflict may mark another step in Bitcoin's maturation toward becoming the global digital collateral. Spiking energy prices are a reminder of the benefits of embracing technology, and North America achieving the status of net fossil-fuel exporter.

Supply, demand, adoption and human ingenuity point to Bitcoin regaining the upper hand vs. crude oil in 2022."

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The war pushed many individuals to look for financial alternatives such as cryptocurrency, which could drive Bitcoin to $50,000 by the end of the month, the CEO of DeVere Group, Nigel Green claimed.

"As banks close, ATMs run out of money, threats of personal savings being taken to pay for the war, and the major international payments system SWIFT is weaponized, amongst other factors, the case for a viable, decentralized, borderless, tamper-proof, unconfiscatable monetary system has been laid bare."

Assuming the Western world keeps imposing penalties on Russia, Bitcoin might tap $50K by the end of the month, Green forecasted.

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Ken Griffin, the legendary hedge fund billionaire and founder of market-maker Citadel Securities, has changed his tune on Bitcoin and cryptocurrencies, revealing that "over the months to come" Citadel will likely "engage in making markets in cryptocurrencies."

"I still have my skepticism, but there are hundreds and millions of people in this world today who disagree with that. To the extent that we're trying to help institutions and investors solve their portfolio allocation problems, we have to give serious consideration to being a market maker in crypto."

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Blockstream chief strategy officer Samson Mow has announced he will be leaving the BTC blockchain firm after five years.

"Now is a pivotal point in Bitcoin's evolution — we're on the verge of mass adoption, and I think that I can make it happen faster," said Samson Mow.

According to the Pixelmatic CEO, a $1 million Bitcoin price could help make the Latin American nation "the financial center of the world."

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MicroStrategy CEO Michael Saylor, who's transformed his business intelligence company into a Bitcoin acquisition vehicle, expects the king cryptocurrency to eventually hit $6 million per BTC and in a new interview reveals the factors that he believes are contributing to the wild price swings in the crypto markets.

"The volatility is driven by the immaturity of the asset class. The lack of wash trading rules – you can buy and sell [crypto assets] within the same hour…I think that's fairly immature.

I think 20x leverage on the off-shore exchanges, I think the Wild West of crypto derivatives, the cross-collateralization of altcoins into ETH [or] BTC through decentralized finance (DeFi) exchanges on a Saturday night through a very thin piece of liquidity on the 177th-biggest coin – all of those things are a recipe for volatility."

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Crypto bull Kevin O'Leary who is a prominent figure on the popular show Shark Tank recently shared his bullish 6-figure Bitcoin predictions and what he believes will drive the leading cryptocurrency (BTC) to that point.

"You want to talk about bitcoin going to $100K, $200K, $300K, it's going to happen when institutions can finally buy it," the millionaire added. However, he also noted that bitcoin itself would have to be compliant if these institutions are going to invest in it. "When they do get that go-ahead, the price of the coin is going to appreciate dramatically," O'Leary concluded.

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Popular crypto analyst Justin Bennett is plotting out a roadmap for how Bitcoin can recapture the $50,000 level in the coming weeks.

"I want to show you what I'm looking for in March – this potential setup that could have Bitcoin trading up toward the $50,000 area over the next few weeks."

Bennett cites two key levels which, if reached, could launch BTC back above $50,000.

"We need to see a daily close above $39,600. Also a daily close above $46,000 area.

That will expose this area between $50,000 and $53,000. This has been a key level on the chart for the past few months."

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