Bitcoin News Alerts | Daily BTC Macro Signal

Bitcoin will be just one of the risk assets that "crater" as the Federal Reserve is forced to abandon quantitative tightening in future, the ex-BitMEX CEO Arthur Hayes warns. If that means a retest of the 2022 lows, the area between $15,000 and $16,000 will be a key zone of interest going forward. Meanwhile in other breaking crypto news today: Crypto lender Genesis Global has become the latest fir...

In a new crypto price prediction, the next target for Bitcoin might also reach a level that very few at this point would consider or expect. However, ages-old mathematics and Elliott Wave Theory could suggest the next BTC cycle may possibly peak much sooner than many would believe - and at price of $161,800 per Bitcoin.  Bitcoin price could reach the 1.618 Fibonacci extension, which is roughly $16...

Popular quant analyst PlanB says the recent Bitcoin rally isn't the bull trap many investors are weary of and is in fact the start of a new BTC bull cycle. Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmak...

Veteran cryptocurrency trader Peter Brandt is predicting a bullish scenario for Bitcoin (BTC) that could propel the king crypto to a fresh all-time high in two years. Based on the trader's chart, Bitcoin could start a new bull market after breaking out of the inverse head and shoulders pattern en route to $70,000 first before correcting back to $33,000 and then rallying to around $175,000 in 2025....

Crypto bull Anthony Scaramucci, managing partner of SkyBridge Capital and former White House communications director for the Trump administration called 2023 a "recovery year" for Bitcoin (BTC) and predicted it could trade at $50,000 to $100,000 in two to three years. "You are taking on risk but you're also believing in [Bitcoin] adoption. So if we get the adoption right, and I believe we will, th...

A popular crypto strategist is predicting a parabolic rally for Bitcoin this year now that BTC has broken a key psychological resistance at $20,000. Credible highlights that Bitcoin is in the midst of a long-term bull market and that last year's deep correction is part of a five-wave uptrend. The popular Elliott Wave practitioner thinks that BTC is now on the verge of starting its fifth wave rally...

Quantitative analyst PlanB is doubling down on his prediction that Bitcoin (BTC) could meteorically ascend in the next bull market. According to the quant analyst, the upcoming bull market will have a wide range, and it could see the flagship crypto asset go up to $1 million, an increase of about 4,689% from current prices. "In fact, I think the bull market range will be $100,000 – $1 million, but...

ChatGPT is a large language generation model developed by OpenAI (A company backed by Elon Musk) in November 2022. Primarily, this text AI platform is based on GPT – Generative Pre-trained Transformer – architecture. It is also trained on a massive amount of Internet text data. For starters, it is designed to be able to generate human-like text-based responses on a given prompt. The benefits of us...

El Salvador has passed landmark crypto legislation providing the legal framework for a Bitcoin-backed bond — known as the "Volcano Bond" — that will be used to pay down sovereign debt and fund the construction of its proposed "Bitcoin City". The bill passed on Jan. 11 with 62 votes for and 16 against, and is set to become law after it is ratified by President Bukele. The BTC bill passed on Jan. 11...

Popular crypto analyst Michaël van de Poppe says he's looking at two macroeconomic catalysts that could ignite a strong Bitcoin (BTC) surge to $30,000. "The odds of a relief rally have been increasing recently, and I think it looks good. All need to be fueled by inflation dropping more than anticipated and the potential pause of hikes. That will give the relief of Bitcoin towards $30,000ish." Lear...

A crypto analyst known for calling the 2021 Bitcoin collapse thinks BTC is on track to break through its "longer-term diagonal of resistance." In late December, Dave the Wave said his logarithmic growth curve (LGC) model indicated Bitcoin could ascend to $160,000 by January 2025. "On the basis of the LGC, which has stood the test of time for four years, BTC could easily do a 10x over the next coup...

A widely followed crypto analyst is warning of an elephant in the room that could trigger another sell-off event for king crypto Bitcoin (BTC). In a new strategy session, Nicholas Merten, the host of DataDash, tells his 512,000 YouTube subscribers that dormant sell-side pressure from the Mt. Gox debacle may rear its head and cause another leg down for the top crypto asset by market cap. "There is...

El Salvador, the small Latin American nation that became the first country to accept the king crypto Bitcoin (BTC) as legal tender, has outlined plans for the New Year of Black Rabbit, with the next Bitcoin Beach event at El Zonte coming on 30th, January 2023. The Bitcoin event was announced by Bitcoin maximalist Stacy Herbert and Max Keiser and will kick off at 7 PM local time. According to Herbe...

BlackRock, the world's largest asset manager, is adding Bitcoin (the king crypto) as an eligible investment to its flagship Global Allocation Fund, which is one of the most preferred vehicles for ordinary and passive investors. A company filing shows that the move enables BlackRock to allocate part of the fund's $15 billion to cash-settled BTC futures traded on commodity exchanges registered with...

Bitcoin bull Tim Draper had one of the most optimistic calls on Bitcoin of 2022, predicting the king crypto (BTC) would be worth $250,000 by the end of the year. In November, the billionaire venture capitalist said he's extending the timeline for that prediction until mid-2023. Even after the collapse of FTX, he's convinced the coin will hit the quarter-of-a-million milestone. "My assumption is th...

In today's Bitcoin live show we discuss YouTuber Logan Paul who has threatened to sue fellow YouTuber and internet detective Coffeezilla for defamation after he accused Paul's CryptoZoo nonfungible token (NFT) project of being a "scam." The two have been battling back and forth on both social media and YouTube videos ever since Dec. 17, when Stephen Findeisen — also known as Coffeezilla — launched...

Popular crypto analyst Michaël van de Poppe is laying out his predictions on how Bitcoin (BTC) could perform this year. Van de Poppe tells his 643,700 Twitter followers that Bitcoin could be gearing up for a massive surge in the coming months. "Q1: Sideways markets. Potential temporary bottom. Q2: Relief rally on Bitcoin to $30,000-$35,000 amongst pause of hikes/inflation coming down. Q3/Q4: Reces...

ShapeShift CEO Erik Voorhees expects Bitcoin to reach $40,000 by the summer, while Tim Draper has stood by his $250,000 BTC prediction for the second year running. Erik Voorhees, founder and CEO of crypto exchange ShapeShift, was optimistic about a potential recovery of the Bitcoin price during an interview with Bankless on Jan. 2, stating he "wouldn't be surprised" if Bitcoin hit "like $40K" by t...

To say 2022 was a rough time for crypto is an understatement. Following a long period of rising cryptocurrency prices and delighted investors, last year saw the arrival of a crypto winter that brought the Bitcoin price crashing down, bankrupted companies, and wiped over $1 trillion off the market, and that's not even mentioning the collapse of FTX.  But what will 2023 bring? Analysts' predictions...

A crypto analyst who nailed the Bitcoin collapse last year predicts a massive surge for the king crypto. The analyst known in the industry as Dave the Wave tells his 131,900 Twitter followers that based on his logarithmic growth curve (LGC) model, BTC could ascend to $160,000 by January 2025. "On the basis of the LGC, which has stood the test of time for four years, Bitcoin could easily do a 10x o...

A popular crypto analyst says the cryptocurrency market could see one more massive decline before bottoming in early 2023. In a new YouTube strategy session, pseudonymous Coin Bureau host Guy tells his 2.19 million subscribers that Bitcoin (BTC) could decline by as much as 60% in the near term. "The bottom will likely come sometime in the first quarter of next year. But the bottom for BTC could be...

A widely followed crypto analyst is predicting an end to the Bitcoin (BTC) bear market with a massive rally. Pseudonymous crypto trader Rekt Capital tells their 330,600 Twitter followers that Bitcoin is likely to surge by more than 176% next year from its current value of $16,600. Rekt predicts an upside to candle three in 2023 that would send the king asset to as high as $46,000. "Technically, th...

Bitcoin is due to copy gold's explosive 1970s breakout as it becomes the world's "hardest asset" in 2024, according to a forecast from the latest edition of the Capriole Newsletter on the king crypto (BTC), a financial circular from research and trading firm Capriole Investments. Learn more about your ad choices. Visit megaphone.fm/adchoices

Leading on-chain analyst Willy Woo weighs in on some of the more bullish Bitcoin predictions that put BTC at $1 million per coin, including that of Cathie Wood from ARK Invest. Woo says if the king crypto (BTC) reaches $1 million in value as Wood has predicted, it could crash the fiat currency system. Woo says Bitcoin's price rally toward $1 million will lead to a battle of governments attempting...

Billionaire venture capitalist Tim Draper has extended his $250,000 Bitcoin prediction by six months due to the FTX collapse and unfavorable crypto and macroeconomic factors. Draper, a founding partner of venture capital firm Draper Fisher Jurvetson, is known for successfully timing Bitcoin's $10,000 milestone in late 2017. In 2018, he predicted BTC would reach $250,000 before the end of 2022, bas...