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With the approval of a spot Bitcoin ETF and with a BTC Halving around the corner, Bitcoin will reach as high as $524,000 per coin this bull cycle, according to on-chain analyst PlanB.
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TimeStamps:
00:00 Trending
01:39 Market Watch
05:08 Bitcoin T.A.
14:30 Binance CEO outlines plan for crypto exchange after CZ steps down
18:40 Rich Dad recommends Bitcoin, gold & silver ‘before it’s too late’
23:09 Bitcoin (BTC) About To Repeat 2020–2021 Rally to $60,000
25:55 Bitcoin Surging by up to 960% This Bull Cycle ‘Very Reasonable’
28:50 “Bitcoin is Going to $524,000 Per Coin This Cycle”
Show Notes / News Resources:
✔ Bitcoin Technical Analysis:
✔ Binance CEO outlines plan for crypto exchange after CZ steps down:
✔ Rich Dad recommends Bitcoin, gold & silver ‘before it’s too late’:
✔ Bitcoin (BTC) About To Repeat 2020–2021 Rally to $60,000:
✔ Bitcoin Surging by up to 960% This Bull Cycle ‘Very Reasonable’:
✔ “Bitcoin is Going to $524,000 Per Coin This Cycle”:
🔴 DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose….(read more)
LEARN ABOUT: Investing During Inflation
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
One Bitcoin Will Reach $524,000 This Bull Cycle
Bitcoin has been making headlines in recent years for its meteoric rise in value and its potential to revolutionize the financial industry. With the current bull cycle in full swing, many experts and enthusiasts are making bold predictions about the future value of the world’s most popular cryptocurrency.
One of the most optimistic predictions comes from the popular cryptocurrency analyst PlanB, who has gained a significant following for his accurate and data-driven price predictions. According to PlanB’s stock-to-flow model, which calculates Bitcoin’s value based on its scarcity and production rate, he believes that one Bitcoin will reach a staggering $524,000 by the end of the current bull cycle.
The stock-to-flow model, which has been accurate in predicting Bitcoin’s value in the past, takes into account the rate of new Bitcoin production and compares it to the existing supply. This approach suggests that as Bitcoin becomes scarcer over time, its value will continue to increase significantly.
PlanB’s prediction has garnered a lot of attention in the cryptocurrency community, with many experts and investors considering the possibility of such a high value for Bitcoin. While some remain skeptical about the accuracy of such predictions, PlanB’s track record and the fundamental principles behind the stock-to-flow model give his forecast a degree of credibility.
The current bull cycle, which began in early 2020, has seen Bitcoin’s price surge to new all-time highs, exceeding $60,000 per coin at its peak. While the market has since experienced some volatility, the overall trend has been upward, leading many to believe that the bull cycle is far from over.
In addition to the stock-to-flow model, there are other factors that could contribute to Bitcoin’s future value. Institutional adoption of Bitcoin has been steadily increasing, with major companies and financial institutions investing in the cryptocurrency as a store of value and a hedge against inflation. This influx of institutional money could further drive up the price of Bitcoin in the coming years.
Furthermore, the ongoing development of the Bitcoin network and the increased use of the cryptocurrency in everyday transactions could also contribute to its long-term value. As more people and businesses adopt Bitcoin as a means of payment, its utility and demand will continue to grow, potentially pushing its price even higher.
While it’s important to approach such predictions with caution, especially in a market as volatile as cryptocurrencies, the potential for Bitcoin to reach $524,000 in the current bull cycle is not entirely unfounded. With a combination of fundamental principles, market trends, and increasing adoption, the future value of Bitcoin could indeed be much higher than many could have imagined.
As always, it’s essential for investors to do their own research and consider the potential risks before making any investment decisions. However, the optimism surrounding Bitcoin’s future value is a clear indication of the growing confidence in the cryptocurrency’s potential to reshape the financial landscape. Whether or not Bitcoin reaches $524,000 in this bull cycle, its journey is sure to be an exciting one to watch.
Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?*
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you…prevent inflation
This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Margaret Bryant for improving my portfolio. keep up with the good videos.
To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Maria Reyes focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
Mrs Anna the bitcoin trader is legit and her method works like magic I keep on earning every single week with her new strategy
No no no. You said $1 million in 2025. Now that we’re closer. And things are looking more bullish. You adjusted your target by more than half. Stick to your original targets. Stop moving your goal posts
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs. Catherine Gauthier.
No one knows the future price. So much variation in these you tube guesses.
very informative, ty !!
Thanks bud for keeping us financially Educated! Regardless of how bad it gets on the economy, I still make over $28K every 7 days Thanks so much Rachael Campbell
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2023
21:20 TRUMP BITCOIN 2024 MAGA
The recent CPI data release, showing a subtle shift in inflation expectations, underscores the interconnectedness of economic indicators and market performance. For investors, this is a reminder of the importance of staying informed and agile, particularly in how inflation trends can impact both traditional and crypto markets. In the realm of cryptocurrency, these economic shifts open doors for strategic trading and portfolio diversification, offering a chance to leverage market volatility for potential gains. It's a compelling time for investors to consider the dynamic nature of financial markets and the unique opportunities presented by cryptocurrencies in response to global economic trends….I've personally benefited from following Kerrie Farrell’s trading tactics, amassing 21 bitcoins in a short two-month period, which speaks volumes about her expertise..
I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 32 btc from day trading with Craig Reeder insights and charts his been one step ahead of other analysis….
My prediction is 69 million! Can I get a video too?
>Great content. Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumping and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major pump at the peaks of BTC. More emphasis should be put into day trading as it is ^less affected by the unpredictable nature of the market. I have made over 13 btc from day trading with Glenn Evans insights and signals. this is one of the best medium to backup your assets incase it goes bearish
So Blackrock is telling the miners "I'll pay for your electricity now if you pay me back in Bitcoin later." Is this correct? If legal that is sneaky sneaky for sure.
Thank you for the content, All you need is the right advice on how to invest in crypto and you're back on track, I've been making $ 15,300 weekly from my trading and I'm happy about it ☺
Odds are good for the super bull cycle. 100% with ETF approval, no approvals no problem, 100% supercycle after the halving. Both…oh yeah, what is better than a supercycle?
Soooo late
Hey JV, love what you do , today is my brother's birthday, please wish Jose a happy birthday.thank you.
Excellent video, How do most of you guys still make profit, even with the downturn of the economy and ever increasing life standards
LFG baby!
Being able to provide all my needs without the help of the government is really a dream come through and I'm getting $50,000 returns from my $7,600 investment thanks ma'am
Great transmission, as always. I appreciate the no-nonsense approach you take to the news and the markets. A lot has changed and that's about it ,but the truth is that I don't even care much about the bull or bear market anymore because Sarah Justina covered me while I'm doing comfortable. 2.3 BTC per month.
Hi all, Finnish guy living in Mui Ne, Vietnam here. No capital gains taxes on cryptos in Vietnam.
IN JESUS CHRIST MIGHTY AWESOME POWERFUL NAME AMEN
Epic content!
lets goooo