Bitcoin News Alerts | Daily BTC Macro Signal

Cryptocurrency analyst, Crypto Michaël tells his 43,000 followers on Twitter that several key Bitcoin (BTC) price metrics are looking solid after Friday’s big 42% rally. Michaël says the current BTC price action is comparable to 2016 and his new Bitcoin price target is $17,000 to $20,000. On Crypto Twitter he shared: “100-Week MA test completed and held, similar to beginning 2016. Back above 200-Day MA & EMA, important indicators.

Cryptocurrency analyst, Crypto Michaël tells his 43,000 followers on Twitter that several key Bitcoin (BTC) price metrics are looking solid after Friday’s big 42% rally. Michaël says the current BTC price action is comparable to 2016 and his new Bitcoin price target is $17,000 to $20,000. On Crypto Twitter he shared: “100-Week MA test completed and held, similar to beginning 2016. Back above 200-Day MA & EMA, important indicators.

The Bitcoin price moved 42% in the past 12 hours making it the 4th largest gain in history and the largest since May 10th, 2011. The Cryptocurrency markets have been on fire with a $55 Billion cash injection making it one of the largest pumps in recent history.

The Bitcoin price moved 42% in the past 12 hours making it the 4th largest gain in history and the largest since May 10th, 2011. The Cryptocurrency markets have been on fire with a $55 Billion cash injection making it one of the largest pumps in recent history.

Less than 3 million Bitcoin (BTC) remain to be mined, with the process expected to take around 121 years. Some allege however, that Google’s quantum computer, Sycamore, could do it in “less than 2 seconds”. But is that really possible? Vitalik Buterin shared, “My one-sentence impression of recent quantum supremacy stuff so far is that it is to real quantum computing what hydrogen bombs are to nuclear fusion."

Less than 3 million Bitcoin (BTC) remain to be mined, with the process expected to take around 121 years. Some allege however, that Google’s quantum computer, Sycamore, could do it in “less than 2 seconds”. But is that really possible? Vitalik Buterin shared, “My one-sentence impression of recent quantum supremacy stuff so far is that it is to real quantum computing what hydrogen bombs are to nuclear fusion."

Robert Kiyosaki - author of the 32 million-copy bestseller ‘Rich Dad Poor Dad’ - has taken a coy stance on Bitcoin’s David and Goliath-like battle with the Fed. In a recent Robert Kiyosaki interview with Bloomberg, he said “I think it’s so interesting. they’re taking on the FED, one of the most powerful banks ever created. And they’re messing into their territory. That’s like me taking on McDonald’s. So I think they’re gonna step on them. I think it’s a very exciting time.”

Robert Kiyosaki - author of the 32 million-copy bestseller ‘Rich Dad Poor Dad’ - has taken a coy stance on Bitcoin’s David and Goliath-like battle with the Fed. In a recent Robert Kiyosaki interview with Bloomberg, he said “I think it’s so interesting. they’re taking on the FED, one of the most powerful banks ever created. And they’re messing into their territory. That’s like me taking on McDonald’s. So I think they’re gonna step on them. I think it’s a very exciting time.”

Tom Lee in a recent interview with BLOCKTV said, “The Bitcoin (BTC) price has to be about $150,000 to be liquid enough for a related exchange-traded fund (ETF).” According to Thomas Lee, co-founder of market research firm Fundstrat, “A Bitcoin ETF is a few years away from now.” “An ETF is likely to generate close to 13 billion dollars of demand the first year, and that’s a massive demand imbalance to available supply.”

Tom Lee in a recent interview with BLOCKTV said, “The Bitcoin (BTC) price has to be about $150,000 to be liquid enough for a related exchange-traded fund (ETF).” According to Thomas Lee, co-founder of market research firm Fundstrat, “A Bitcoin ETF is a few years away from now.” “An ETF is likely to generate close to 13 billion dollars of demand the first year, and that’s a massive demand imbalance to available supply.”