Bitcoin News Alerts | Daily BTC Macro Signal

A new report from Cathy Woods' Ark Invest forecasts Bitcoin market cap hitting $28.5 trillion by 2030 which equates to $1.36 million per BTC while Ethereum will meet or even exceed a $20 trillion market capitalization within the next 10 years, which would equate to a price of around $170,000 - $180,000 per ETH.

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Bitcoin bull and famed stock-picker Cathie Wood's Ark Invest has another bold prediction for where the king Crypto BTC price is headed, even as the price struggles at multi-month lows.

The Bitcoin price could exceed $1,000,000 per BTC by 2030 as investors remain focused on its long-term value, according to the investment firm.

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Crypto analyst Nicholas Merten projects Bitcoin (BTC) could rally nearly 7x by the end of the year despite current market conditions.

"If Bitcoin can hold here, at $600 billion, that's going to set the foundation for Bitcoin to spring up over the next coming months."

As for price predictions, Merten indicates on a chart that he foresees Bitcoin rallying to $200,000 in November 2022.

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The American businessman and author - Robert Kiyosaki - is not concerned about the recent Bitcoin price drop in the crypto market. He described the currency BTC plunge as "great news" and vowed to increase his exposure to the asset should its USD value dip to $20,000.

The 'Rich Dad, Poor Dad' best-selling author shared the following on Crypto Twitter:

"WOW: Words of Wisdom. "Your profits are made when you buy, not when you sell." Price of Bitcoin crashing. Great news. I bought BC at $6K and 9K. I will buy more if and when BC tests $20k. Time to get richer is coming. Silver best bargain today. Silver still 50% below high."

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The crypto trader who accurately predicted Bitcoin's lowest point during the 2018 bear market believes that BTC will record new all-time highs this year despite its bearish price action over the last two months.

Pseudonymous crypto analyst Smart Contracter tells his 203,400 Twitter followers that he thinks Bitcoin will print a new 52-week low in the coming weeks before rallying above $100,000 by the end of the year.

"Ok fine, for the lulz. I'm calling a bottom at exactly $25,800 with a $1,000 leeway on either side."

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In a new Bloomberg interview, Bitcoin Bull and Microstrategy CEO Michael Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year.

"I think that there's a lot of dynamics here. If you look at the entire crypto ecosystem, you have a set of regulatory uncertainty, especially regulatory uncertainty around stablecoins and crypto tokens and whether or not they're securities. And that creates a little bit of anxiety.

You have a lot of leverage offshore. You have a lot of crypto exchanges that can trade with up to 20x leverage. And those crypto exchanges have many, many tokens that are cross-collateralized. Between them and the decentralized finance [DeFi] exchanges, you can get much higher than 20x leverage. So that's the second source of volatility."

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As Bitcoin dumps to hit six-month lows near $37K per BTC popular crypto analyst Nicholas Merten says that Bitcoin is likely to experience a significant price drop [$29,000 to $30,000], but such a sell-off might be the catalyst that finally sends the leading crypto past $100,000.

"We may be on the verge of a pretty harsh correction of over a 20% to 30% decline in Bitcoin's price.

I believe that we're still in a bull market, not a bear market… It's very likely that we could see this correction, but at the same time, it could be the catalyst to finally set ourselves up on the next uptrend and charter towards the $150k range, $200k range for Bitcoin."

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Social Capital CEO Chamath Palihapitiya sees Bitcoin eventually expanding into a six-digit price territory. The former Facebook executive also doubled-down on his belief that BTC is an insurance policy that will thrive in the current times of economic uncertainty, but it will grow to something "much more important."

"Can you play the clip in 2012-2013 when it was at $200, and everybody was laughing at me at CNBC when I was talking about bitcoin?

Where is it going? It's probably going to $100,000 to $150,000, then to $200,000. In what period – I don't know – 5 years, 10 years, but it's going there."

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The biggest Bitcoin Bull, CEO of Microstrategy, Michael Saylor expects the bitcoin price to reach $600,000 and then eventually $6 million per BTC, noting that it is "unstoppable" and will replace gold, emerging as a $100 trillion asset class.

The CEO has repeatedly said that Bitcoin will replace gold. He recently said: "Once upon a time, gold was the most desirable store of value. Now bitcoin is taking its place."

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Bitcoin Maximalist Max Keiser says that Bitcoin (BTC) will reach $220,000 at some point this year.

In a new interview with Daniela Cambone of Stansberry Research, Keiser explains why his six-digit forecast for the flagship cryptocurrency did not happen in 2021.

"As far as 2021 goes, I said we're going to get to $220,000 per coin, which is a typical four-year cycle. What we had in 2021 was that massive China collapse in mining, in hash power. The mining and the hash power collapsed 50%. We have since recovered that now, and we're about to hit new all-time high in hash rate. That's why I'm pushing my $220,000 target from 2021 to 2022."

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