In today's, show the bitcoin price blast pass 27 000, as the bitcoin market cap is now above a half a trillion dollars, as you can see right here, currently sitting at 506 billion, and not only that early this morning, bitcoin climbed to as High as 28 400 before hitting a cell wall and crashing by 6.
5 percent, now i got to give credit where credit is due once again, not only did max kaiser call a 25 000 bitcoin price on christmas day. He also said - and he has been saying for the previous couple of years - and he also reiterated this back on july 27th, somewhere peter schiff is puking his brains out right now, 28 000 is in play before we see a pullback and then we'Re heading to six figures: well, guess what we hit 28 000 and like clockwork.
We just saw a pullback of about 1900, and now we're heading to six figures, so shout out to max kaiser. He also predicts that ray dalio will soon invest into bitcoin, followed by elon musk, that's right in his new interview with daniella cambone.
He goes on to share make no mistake about this. Michael saylor and the bitcoiners are attacking the federal reserve bank and the global central banking system, as sorrows did to the bank of england, i'll, be giving you all the full highlights from this interview here in today's, show we'll, also be taking a look at the overall crypto market.
As you can see, bitcoin is surging up above 27, 000 ethereum is in the green, while all the other major alt coins are in the red, but where's, the bitcoin price likely to go from here find out all this plus so much more.
In today's show here at crypto news alerts. I drop a brand new episode every single day so be sure to smash that subscribe button, that's right and turn on all notifications to receive daily premium. Crypto news alerts every single day, including weekends.
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All right. Welcome back to another episode of crypto news alerts, i'm. Your host jv exciting times to wake up over the weekend to see bitcoin climbing we touched 28 400 and when we hit 27 000, we finally broke a half a trillion bitcoin market cap for the first time in btc history and now 30 thousand dollars is realistically In sight, before the end of the year, that's right bitcoin continues.
Its blistering holiday weekend rallies surpassing 27 000 on the 27th. It's also important to keep in mind since the 23rd. When we hit 23 000, then on the 24th we hit 24 000. Then, on christmas day, as max kaiser predicted a 25 000 bitcoin price, we hit that and then on the 26 we hit 26 000 and now on the 27th.
We surpassed and broke right through seven thousand once again, even hitting as high as twenty eight thousand four hundred now, what's more? The market cap of bitcoin has surpassed a half a trillion dollars for the first time ever that's.
Right, bitcoin market cap breaches a half a trillion. The new record highs for bitcoin comes less than three days after breaking resistance at 24 000.. This also means that the bitcoin price has now doubled over the past two months after gaining nearly 10 000 in the month of december alone.
So you thought november was bullish for bitcoin december. It has been soaring that's right. The bitcoin market cap is currently sitting at about 510 billion, which puts it under warren buffett's, berkshire hathaway, the 10th largest company in the world.
This comes less than a day after surpassing visas, market cap, which we broke at about 460 billion. This weekend, surge has also put the price of bitcoin above the mean trend line of the popular stock.
The flow model at around 24 900, which forecasts a 100 000 bitcoin price target by december of 2021. Let me know if you agree with the stock. The flow model prediction in the comments right down below and at the same time, the current bull cycle appears to be different and more sustainable than in 2017, with many traders expecting more upside over the coming months.
The reason for this includes a frenzy of institutional buyer. Stronger fundamentals, less available supply on the exchanges and still relatively little interest from retail buyers. However, this doesn't rule out.
The possibility of a major pullback in the near term, particularly as bitcoin appears to be steaming towards its next psychological resistance. At thirty thousand dollars, let me know if you feel the bitcoin price is likely to break 30k before the end of the year.
Checking out this tweet from analyst michael vandepopp, who wrote vertical moves, often end in a swift correction. Remember summer 2019. Those swift corrections are made for the establishment of a sideways range.
Don't, get chopped out of a correction. The bull market will last for a longer period, have a longer horizon that's. Right stack, those stats and huddle, and you too will be a winner all right, so the bitcoin price also touched 28 400 early this morning before hitting a massive cell wall crashing the price.
By about nineteen hundred dollars, six point: five percent: in just minutes, let's, discuss why this happened. Data from coin telegraph, markets, coin 360, as well as trading view, showed bitcoin gain and then lose huge amounts of usd in terms of trading on sunday.
After topping 15 and 24-hour gains, bitcoin encountered heavy selling pressure above 28 000 unable to sustain its extremely rapid upwards trajectory. The largest crypto then fell to lows of 26 500 and at this time, if we take a look at the overall market, bitcoins trading, just above that 27 000 support and looking stronger than ever up nine percent.
Still for the day now, analysts say the bull run of bull runs is just getting started. Bitcoin set a number of records with its latest moves, including passing a 500 billion market cap for the first time, as i pointed out, in addition on monday, should see the largest gap in the bitcoin futures market ever created and since overcoming that 24k resistance, bitcoin has Traded in uncharted territory, with only impromptu cell levels, creating fiction and what looks like to be an increasing parabolic market with institutional investors taking a break talk, turned to retail buyers fueling.
The latest phase of the bitcoin bull run michael van de pop shared on twitter. One bitcoin is now worth more than 28 thousand dollars. The bull cycle of bull cycles has started as more and more players are starting to adopt towards bitcoin and crypto currencies.
Michael van de pop continued to i 19 19500 as a possible retracement zone with altcoins in line to benefit from bitcoin's example, once its own gains slow potentially next month, do you feel we & # 39? Ll? Have a potential alt season coming in the first quarter of 2021, i'd love to know your thoughts in the comments right down below and now to give credit where credit is due max.
Keiser tweeted this back on july 27th, 2020, somewhere peter schiff, is puking his brains out right now, 28 000 is in play before we see a pullback, and then we're heading to six figures and lo and behold max keiser nailed it once again.
As we just hit 28 000 and saw a pretty significant pullback, but we rise right back above 27 000, like it ain't no thing, and now we're heading to six figures and checking out some of the responses from this.
This was back on july 28th, peter schiff wrote at least i have brains to puke out, but i'm, not puking out anything. I'm happy to be in gold, silver and mining stocks, and couldn't care less about the suckers rally in bitcoin.
Since you don't have any brains. I wonder what you'll, be puking out. After bitcoin crashes, again, all i got to say here is who got the last laugh. Peter schiff is what it is shout out to max kaiser and as person points out it's.
Okay, to be salty, we forgive you touche all right and before i break down our next story of the day, max keiser predicts ray dalio will soon invest into bitcoin, followed by elon musk, and before i break this down, let's.
First. Take a look at the overall crypto market. We can see bitcoin still pumping ethereum, one of the only major altcoins actually in the green of 1.6 trading at 633 dollars. We have chain link down almost three percent trading at 10 dollars at 61 cents.
We had bnb down one percent trading, just below thirty three dollars. We have xrp down eight and a half percent trading at twenty seven point: eight cents. We have missed litecoin, barely in the red trading at 128 dollars.
So, as you can see, virtually a sea of red as bitcoin continues to suck in the value of the altcoins like a black hole, as the bitcoin dominance continues to go parabolic and climb it's currently at 71.
36 percent. According to coin 360.. All right and before i break down the latest, highlights of this interview between max kaiser and daniela cambone, where max is quoted, saying make no mistake about this.
Michael saylor and the bitcoiners are attacking the federal reserve bank and the global central banking system, as soros did to the bank of england. But first let's. Take a look at the overall crypto market cap sitting at a whopping 705 billion with 223 billion in volume in the past 24 hours and bitcoin dominance is 70.
9. According to coin market cap now checking out the top gainers within the top 100. We have bitcoin up almost 10 percent, still hovering at about that half a trillion dollar market cap trading at 27, 244 dollars.
We have rap bitcoin up about 10 as well trading at twenty seven thousand two hundred dollars. We have d cred up: six percent trading at 38, bucks see a coin up: six percent trading at point: zero, zero, three and zero x up about four percent trading at 37 cents now checking out the biggest losers within the top 100.
We have xrp down 10 trading at about 28 cents, stellar lumens down 5 trading, just below 14 cents for chain down 3.7 trading at 85 cents, omg network down 6 percent trading at two dollars; and forty four cents and a bbc coin down.
Six percent trading. Just under 21 cents now out of this list of the biggest gainers and losers, which particular coins are you most bullish on drop me a comment right down below now. Checking out. One of my favorite indicators is the crypto greed and fear index shows we're currently rated in 91 in extreme greed.
Yesterday was a 93 last week of 92 and last month in 86, all of which is within extreme greed, and if you're, not familiar with the crypto greed and fear index, extreme fear can be a sign. Investors are too worried that can be a great buying opportunity, aka btfd by that freaking dip and when investors are getting too greedy.
That means the market is due for correction all right before i break down our final story of the day. First, i want to remind you to smash that show more button right below the video in the description for detailed analysis of what's going on in the market.
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Now let's, break down our final story of the day. Shall we wall street veteran and host the rt's? Kaiser report max keiser is dishing out his predictions about which big players will get into bitcoin.
Next, in an interview with daniela cambone max keiser, says he firmly believes billionaire hedge fund manager, ray dalio and tesla ceo elon musk will invest into bitcoin. Sooner then later kaiser asserts that, even though dalio has vocalized his concerns about the king of all crypto, even he will convert a sizable chunk of his portfolio into bitcoin, quoting max keiser ray dalio was a skeptic.
Now he's kind of neutral. I think ray dalio will be putting 10 to 20 of his portfolio into bitcoin in the next few months, particularly since his performance has been pretty bad for 2020. He needs to get back in the race here and referencing, a tweet from elon musk, in which the tesla ceo said bitcoin is almost as bs as fiat money.
Kaiser said that, despite his vocal skepticism, musk will inevitably change his mind about the largest cryptocurrency max goes on to share the learning curve for bitcoin. Everyone is on it at their own speed.
For me, i got in at 2011., michael saylor looked at it in 2013. He didn't understand it. It took him five or six years to really figure it out. Elon musk is now looking at it because he's, a smart guy and he'll get orange, peeled as we call it, and he'll understand what's going on here and jump in max keiser.
Also knows that microstrategy's, michael saylor, is smartly offering to share his playbook with ceos of big companies, including elon musk, attempting to start a snowball effect. A big money piling into bitcoin to drive up the price.
Kaiser believes that, with this type of institutional support, sailor and other deep pocket, investors can provide bitcoin will skyrocket faster than expected, and central banks may realize too late that they're, rapidly, losing relevance quoting max kaiser.
From this interview, sailor said to elon musk. I will share my playbook with you. That was the key phrase. In other words, sailor is talking to ceos all over the world and telling them how he did it, because he knows that if he can get 10, 20, 30 or 40 more companies to do the same thing that the bitcoin price is going to go where it Needs to go a lot faster, so it's in his own self-interest.
This is game theory being played out amongst multi billionaires globally, and the big losers are the central banks touche. I also tweeted a bunch of quotes that i gathered that i found very valuable from watching this exclusive interview, including max kaiser.
Make no mistake about this michael saylor and the bitcoiners are attacking the federal reserve bank and the global central banking system, as george soros did to the bank of england, and he continues that's.
Why bitcoin? You can very easily see it trade to two three four hundred thousand a coin pretty quickly, because the central banks have left themselves open to this arbitrage to this attack and it's on the game is now on, and no one is pretending that This isn't happening anymore.
He continues as long as the rates keep going negative and the bitcoin trade is an asymmetric bet. It's, a one-way bet, and it has virtually no top. You're talking, hundreds of thousands of dollars per coin or higher jp morgan just came out with an estimate of 650 000 per bitcoin, which i covered in a previous episode.
Citibank is estimating 318 000 per bitcoin, so i think they kind of see what's happening here. They want to get ahead of it and they want some exposure to it, but nothing is going to stop this now max continues.
2021. 2022. I predict that one of the major central banks in the world will close utterly and completely, and that will start a transition post, central banks, central banks. We have outlived their usefulness.
They were never really that good to begin with and he continues. If you have bitcoin, you can do transactions with anybody without permission at any time it's. Unconfiscatable you can & # 39, t censor it and it's.
Deflationary i don't need a central bank now that bitcoins here we don't need central banks. They are not useful in any way, and he concludes with this. Bitcoin is the silver bullet. It's, the bullet to the back of the head.
It's. Two caps to the back of the head is tony soprano going to the fed two caps to the back of the head, and you're done, and that's. The way it should be. We have got to get rid of these central banks and we are that's, a fact shout out to max kaiser and stacy herbert of the kaiser report and to watch this entire exclusive interview between daniela campone and max keiser check the show notes Below the video, in the description now for a recap of what i cover with you right here in today's, show the bitcoin price blast pass 27 000, as the bitcoin market cap is now over a half a trillion dollars and currently sitting at 506 billion looking most sexy than ever.
Also in today's, show i shared the bitcoin price climbed as high as 28 400. This morning, before hitting a big cell wall and crashing by 6.5 and max kaiser called his prediction once again, where he wrote 28 000 is in play before we see a pullback, and then we're heading to six figures, and once again, this prediction Was back on july 27th, 2020.
Also in today's episode. I shared that max. Kaiser predicts that ray dalio will soon invest into bitcoin, followed by elon musk, as i broke down. Some of the highlights with you right here from this exclusive interview as well as my favorite quotes from this particular episode.
So where do you feel the bitcoin price is likely to go next drop me a comment right down below? Well, that's, going to conclude today's show, as always. I appreciate you tuning in and journeying along with me inside this incredible crypto matrix.
If you gain value at a today & # 39, s show be sure to smash that subscribe button, that's right and turn on all notifications to receive daily premium. Crypto news alerts every single day, including weekends.
Just like this and real quick before i go if interested in tapping into opm leveraging other people's, money to grow your wealth and crypto portfolio then smash that link right below the video in the description and go ahead and register for this free System you & # 39, ll, be glad you did, and i look forward to seeing you on tomorrow's episode, deuces, [, Music, ],