Panic appeared to set in on crypto markets overnight on May 11th as Blockchain protocol Terra failed to steady its bleeding crypto assets, with LUNA crashing another 90%+ for the day, now trading below $2. As a result of the massive Terra/LUNA sell-off, Bitcoin price skyrocketed to a dubious new all time high of $140,000 in $UST as a result, while the king cryptocurrency is currently holding on to $30,000 support. Learn more about your ad choices. Visit megaphone.fm/adchoices

ARK Invest founder Cathie Wood says that the increasing correlation between crypto and traditional assets indicates that the Bitcoin (BTC) bear market will soon be over. “I’ve been around in the business for 45 years, and I’ve never seen the opportunities I see now. According to our expectations, truly disruptive innovation, which right now is valued in the global public equity markets at roughly $10 trillion, roughly 10% of the global equity market cap. We believe that $10 trillion is going to scale to $210 trillion by the year 2030… thanks to genomic sequencing, robotics, adoptive robotics, energy storage, artificial intelligence and blockchain technology.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed crypto trader is unveiling what he believes is the most realistic price path for Bitcoin (BTC) for the rest of the year. “When the price of an asset is on an uptrend and then it catches up with the long-term moving averages, usually that’s a sign that the trend is dying down. The momentum is lost. If you cross below them, that is a bearish signal.” The cryptocurrency analyst highlights that the 20-month EMA was a reliable indicator of major trend shifts during the 2014 and 2018 BTC market cycles. “That happened over here in 2014. If we go over here in 2018, [we had] a major run-up. Trend starts to go sideways after the run-up, and then we meet the long-term moving averages. We closed below that. It’s a bear market.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto billionaire Brock Pierce says that Bitcoin will either fail spectacularly or become massively successful. “[Bitcoin] could go to zero. It’s a binary outcome. It’s either going to go to $1 million a Bitcoin or zero. It’s going to be one or the other, which is why you shouldn’t put everything there.” “This reminds me a lot of 1999, right? We are in that phase. And what came out of that? eBay and Amazon and all sorts of interesting businesses came out of the Dot-Com sort of 1.0 era. And a bunch of it went to zero. And I think that will probably be true of what we see here. That doesn’t mean the innovation isn’t real and it’s not going to play an important role in our collective future.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto analyst is considering how low Bitcoin could go as the cryptocurrency markets head into the weekend on a sour note. “I want to go ahead and talk a little bit about what we talked about as our worst-case scenario. I’ve got to be honest with you guys, I’m gonna stick to my guns here again. This is the point that I want to bring here, all the while we could come close to it, we could come here toward $30,000. I think it’s completely irrelevant and out of the question to think that we’d come down and touch $20,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Kraken director of growth marketing Dan Held says the Bitcoin (BTC) supercycle theory that he first put forward in 2019 still holds water. According to Held, the theory advances the idea that a perfect storm such as mistrust in governments and institutions, will propel the mainstream adoption of Bitcoin and drive up the price of the leading crypto asset. “If we repeat 2013, we could see Bitcoin hitting between $300,000-$400,000 Bitcoin. Now. history usually rhymes, it doesn’t repeat itself, so it’s probably not going to be exactly that, but if it did, that would be my best price point. So my price point, I would say that I think it’s going to land probably between [$100,000 and $300,000]. But if we match 2013 again, it could be [$300,000 to $400,000].” Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular crypto analyst Nebraskan Gooner outlines what it will take for Bitcoin to realistically go parabolic in May, reaching $100,000 per BTC. In other breaking Bitcoin News today: Bitcoin celebrates halfway to the halving with yet another new hash rate record. The Bitcoin hash rate hit another all-time high and the 105,000th block since the last halving was mined, marking the halfway to the next halving. Binance commits $500M to co-invest in Twitter with Elon Musk. Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company. Learn more about your ad choices. Visit megaphone.fm/adchoices

According to the crypto strategist, the lack of bullish momentum is setting up Bitcoin (BTC) for one final push above $100,000. “I’m expecting $100,000 for the fifth wave, and when it does complete, wherever that may be above $100,00… I think we’ll probably fall somewhere between $100,000 and $200,000 realistically… But the point being is that these lows that are built up, we don’t need to take them now. We could very well continue up for the fifth wave.” Learn more about your ad choices. Visit megaphone.fm/adchoices

In a video using Elliott Waves, Credible Crypto thus mapped out a move to a new macro top of between $100,000 and $200,000 for Bitcoin before a drawdown which could take liquidity at $30,000 or under. “These lows that have built up — we don’t have to take them now; we could very well continue up for the fifth wave,” he explained. He added that there was “nothing wrong” with expecting a sweep of the lows after November 2021’s all-time highs. “But again, based on market context and everything else that I’ve seen, I think that’s a little bit more unlikely; I think it’s a lot more likely that we leave these lows untapped and simply continue up.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Seasoned market analyst Peter Brandt is warning Bitcoin traders and investors alike, saying that the king crypto is poised for a sharp corrective move. Brandt tells his 636,800 Twitter followers that the largest cryptocurrency by market cap has broken down from crucial diagonal support that has kept BTC afloat for the first few months of 2022. “The completion of a bear channel typically results in a decline equal to the width of the channel, or in this case a hard test of $32,000 or so – my guess is $28,000. This does NOT make me a hater BTC.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Financial advisory firm deVere Group CEO Nigel Green expects that at least two more nations will adopt Bitcoin (BTC) as legal tender before the end of the year. “In January, I predicted that at least another three nations… would declare the world’s largest cryptocurrency legal tender in 2022. One now already has done so. I expect Bitcoin will be adopted as legal tender in at least one more African and one Central or Latin American country before the end of the year.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The king crypto (Bitcoin) will cost $1 million by 2030, one of the industry’s best-known pundits insists, as countries worldwide shun the euro and United States dollar. In his latest blog post published o April 27, Arthur Hayes, former CEO of cryptocurrency derivatives giant BitMEX, doubled down on his sky-high price prediction for BTC and gold. “As the union disintegrates, money shall be printed in glorious quantities in a pantheon of different local currencies. Hyperinflation is not off the table. And again, as European savers smell what the rock is cookin’, they will flee into hard assets like gold and Bitcoin. The breakup of the EU = $1 million Bitcoin.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The cryptocurrency analyst who predicted the May 2021 market collapse is warning that Bitcoin could be due for a notable dip even while he remains long-term bullish on BTC. As the recent rally that began early this month fizzles out, the pseudonymous analyst eyes $25,000 as a potential bottom for Bitcoin. “IF we get a Bitcoin move down comparable to the previous two, looking at the 25K region.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A popular crypto strategist says he still expects Bitcoin to ignite a strong cryptocurrency rally by the end of the year, noting that the current bearish price action is designed to shake traders out of the market. Pseudonymous analyst Credible tells his 328,200 Twitter followers that the king crypto is going through its last corrective phase before it skyrockets above $100,000 by 2023. “Mid-cycle corrections are designed to shake you out, and they’re quite effective. Just ask the guys who sold BTC under $10k during the March capitulation event before BTC ran 1,500%. Patience. [High timeframe] structure remains intact. It’s really quite simple.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Brazil’s Senate has passed the country’s first Bitcoin bill governing cryptocurrency in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry. The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become law in the country. This is expected to occur by the end of 2022, according to experts who spoke with Cointelegraph Brasil. The session that approved the project was chaired by Senate President Rodrigo Pacheco, who said: “I want to congratulate the rapporteur of the project, Senator Irajá, for the approval, here in the Plenary of the Senate, for this important bill.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Twitter announced on Monday that it will become a privately held company following its board of directors accepting a bid from Bitcoin billionaire Elon Musk to purchase the firm’s stock for $54.20 per share in cash — roughly $44 billion. Though the transaction is expected to close in 2022, it is still subject to the approval of Twitter stockholders as well as certain regulators. Elon Musk, with more than 83 million followers — far more than former Twitter CEO Jack Dorsey at 6.3 million — may influence behavior on the platform and social media as a whole as a result of the purchase. The Tesla CEO said on April 14 that one of his top priorities for Twitter would be to eliminate “spam and scam bots and the bot armies,” including those connected to crypto scams. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Central African Republic (CAR) has become the center of a hot buzz in the cryptocurrency world amid various reports of it adopting Bitcoin (BTC) quite similar to El Salvador. However, contrary to popular headlines, the African nation has not adopted BTC as a legal tender, instead, it has reportedly legalized the use of cryptocurrencies in the financial markets. The new cryptocurrency law would reportedly allow citizens to pay their taxes in Bitcoin or crypto and allow the use of crypto as a form of payment for businesses. Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely tracked crypto strategist and trader is unveiling one altcoin he believes could record a 900% rally while updating his outlook on Bitcoin (BTC) and Ethereum (ETH). Pseudonymous cryptocurrency analyst Credible tells his 327,800 Twitter followers that he expects Bitcoin to correct to as low as $38,000 before it kicks off another rally. “Up against our resistance region now. [I] would expect a pullback to at least $39k from here soon. Again, this is just a base-forming here before a full-on reversal, in my opinion. BTC.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Veteran trader Peter Brandt thinks Bitcoin could be headed for a serious price dip. Brandt, who gained notoriety in cryptocurrency circles for correctly calling Bitcoin’s 2018 collapse, tells his 633,200 Twitter followers that BTC could drop to $27,000. Brandt also speculates that the Nasdaq-100 index could be mirroring the dot-com crash of the early 2000s, saying on Twitter that the chart is giving him déjà vu. “‘It’s Deja Vu all over again. – Yogi Berra, late 20th Century American philosopher.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto analyst and trader Jason Pizzino is optimistic that Bitcoin will hit a seven-figure price over time. In a new video update, Pizzino tells his 263,000 YouTube subscribers that it’s “not too far out of the question” for the king cryptocurrency to rally by around 25 times and reach a price of $1,000,000 per BTC. “A 25x might seem like it’s a little far-fetched. But as we can see from December 2018 to the current top in 2021 in November, it’s basically been a 22x return. So 2,100% here. So it’s not too far out of the question. But I just think it’s going to take a lot more time than people are expecting.” Learn more about your ad choices. Visit megaphone.fm/adchoices

According to Finder's panel of 35 cryptocurrency experts, they believe that Bitcoin will peak at $81,680 this year, setting a new all-time high. As far as long term BTC price predictions, the panel now predicts that Bitcoin will be worth $420,240 in December 2030. This is roughly 25% lower than their forecast of $567,472 in October. Learn more about your ad choices. Visit megaphone.fm/adchoices

The pseudonymous crypto analyst Plan B says that, barring a black swan event, all the indicators point to a bright future for Bitcoin in the coming months. In a YouTube interview with Blockware Intelligence, the quantitative analyst lays out the case for why he thinks numerous BTC metrics look so positive. “At the risk of being called a moonboy, all the signals, whether you look fundamentally, like stock-to-flow [S2F] for example or on-chain, realized cap or other metrics, or in the news, the macro news, the number of countries that are opening up to Bitcoin. Everything is positive.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin dropping to $25,000 or lower is unlikely thanks to hodl'ers hoping for all-time highs, not speculative traders, new research says. Quoting on-chain cryptocurrency analyst Root on Crypto Twitter: "With the HODL Army growing it's allowing us to make new ATH's (69k top) without barely any STH's in the market. Since we didn't reach prices above 100K, which so many expected, many still believe this will eventually happen and might therefore hold on to their coins." Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular cryptocurrency analyst Michaël van de Poppe is predicting rallies in XRP and Litecoin (LTC) and says one key metric will spark the next big bull phase of Bitcoin and the entire crypto market. According to him, the US dollar index (DXY), which pins the USD against a basket of fiat currencies, needs to reverse course on its nearly 1-year long rally. “Still waiting for this one to turn around, then the party of crypto will begin.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin could hit $100K within a year, the CEO of crypto lending firm Nexo has predicted. Antoni Trenchev told CNBC he thinks the world’s biggest cryptocurrency can surge above $100,000 “within 12 months.” He said that BTC could fall in tandem with traditional financial markets as the Federal Reserve unwinds its massive stimulus policy. But eventually, a “crash” in stocks could force to the Fed back into easing, he said. Learn more about your ad choices. Visit megaphone.fm/adchoices

In a panel at the Miami 2022 Bitcoin conference with Ark Invest’s CEO Cathie Wood last Thursday, Michael Saylor said he was “more bullish than ever on Bitcoin” and agreed with Wood’s prediction that the King Crypto could reach $1M per coin by 2030. MicroStrategy, together with its subsidiaries, currently holds 129,218 bitcoins on its balance sheet, with a total purchasing cost of $3.97 billion for an average of $30,700 per BTC. Learn more about your ad choices. Visit megaphone.fm/adchoices

The CEO of centralized finance platform Celsius Network (CEL) is predicting a six-figure price for Bitcoin (BTC) later this year. In a Kitco News interview, Celsius head Alex Mashinsky says that Bitcoin will surge above $100,000 before the end of 2022 if it can overcome several key psychological resistance levels. “I think we’re definitely going to hit all-time highs. All-time highs are not that far from where we are, it’s $67,000. And the question we don’t know is what happens afterward. How much resistance we’re going to have at $70,000, $80,000, $90,000. I think we are going to break $100,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The analyst who called the May 2021 crypto market collapse says there’s now a case to be made for the king cryptocurrency (Bitcoin) to rally its way to the $135,000 level. The closely followed pseudonymous analyst known as Dave the Wave tells his 96,000 Twitter followers that based on one theory, BTC could top out roughly 229% above current price levels about a year from now. By drawing straight, long-term trend lines through each Bitcoin bull cycle, Dave the Wave identifies each cycle’s bottom, top, and bear market bottom. “One for the bulls. The ‘BBT’s project a 135K target mid next year~” Learn more about your ad choices. Visit megaphone.fm/adchoices

Macro guru Raoul Pal is calling Bitcoin / Crypto the fastest growing asset class in human history and predicts gargantuan growth for the cryptocurrency markets by 2030. The Real Vision CEO says Crypto markets could 100x from current levels and reach a $200 trillion market cap, even if there are slow years along the way. “We’re at 300 million active users worldwide in digital assets. Essentially, it’s growing at 185% [per year]. We get to 600 million-plus, call it 750 million, by the end of this year. Even if we have a slow year – we get to 500 million. The year after, it’s a billion. The year after that, it’s two billion. Year after that – four billion. The speed at which this is coming, people do not comprehend. And the movement, I think, from the $2 trillion asset class today to the $200 trillion asset class that’s [Jeff Dorman’s] talking about is by the end of the decade." Learn more about your ad choices. Visit megaphone.fm/adchoices

Billionaire Paypal co-founder Peter Thiel shared his list of enemies stopping the king crypto (Bitcoin) from rising 100x Thursday while speaking at the BTC 2022 conference in Miami, Florida. "We are going to try to expose them and realize that this is sort of what we have to fight for bitcoin to go up 10x, 100x from here." “The central banks are going bankrupt. We are at the end of the fiat money regime,” he said. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mike Novogratz has once again reiterated his support for the $500,000 future prediction for the king cryptocurrency. The Galaxy Digital CEO who was recently at the BTC 2022 conference held in Miami had spoken in favor of the cryptocurrency once more, highlighting the future potential of the digital asset. Novogratz did not stop at $500,000 though. The Bitcoin proponent and maximalist also explained that he expects the digital asset to eventually reach as high as $1 million apiece. Learn more about your ad choices. Visit megaphone.fm/adchoices

The next projected Bitcoin bull market cycle peak target for the king crypto (BTC) is between $250K - $770K with a median average of $440K on October 24th, 2025. "Bitcoin DPC price model - Weekly update (Apr 2, 2022) - Current projection: $47K ($27-83K) - Projected cycle trough (Dec 21, 2022): $21K ($12-36K) - Projected cycle finish (Apr 24, 2024): $59K ($34-104K) - Next projected cycle peak (Oct 24, 2025): $440K ($250-770K)" Learn more about your ad choices. Visit megaphone.fm/adchoices

ARK Invest founder Cathie Wood says she views Bitcoin as a “disruptive innovation” in line with corporate giants like Amazon, Apple and Tesla and explains how she gets a BTC price prediction of $700,000 per coin. "We think emerging markets are a huge use case here," Wood said. "That use case alone will account for $100,000 to $200,000" of an increase in the price of Bitcoin. Now let's do the math. The current Bitcoin price of about $60,000 is the base. Wood sees institutional investors adding $500,000 to that and emerging market adoption adding $100,000 to $200,000 more. So Wood's five-year Bitcoin price target is actually a range between $660,000 and $760,000, with $700,000 falling just below the middle of the range. Learn more about your ad choices. Visit megaphone.fm/adchoices

Crypto analyst and DataDash host Nicholas Merten says the king crypto (Bitcoin) will hit new all-time highs sooner than most traders think and end the year between the $150,000 - $200,000 range. “What we generally see here, as we’ve had drawn on the chart for some time, is that after we go through this May rally, even if we get a slight pullback here in the middle of the month, we would still continue higher here, get well up here towards around $75-90k for Bitcoin’s price, come down and make that support, and going from August or Septemeber, really starting to charter into November and December, up towards around $150-$200k.” Learn more about your ad choices. Visit megaphone.fm/adchoices

A closely followed cryptocurrency analyst and trader is unveiling what he believes will propel Bitcoin to his target of $58,000 per BTC. Also global investment giant VanEck is predicting Bitcoin could surge by over 100X as hard currencies become less attractive reserve assets. “The implied price of Bitcoin using the same aggregate M0 that we used for gold is around $1,300,000 per coin. The implied price of Bitcoin using global M2 is $4,800,000 per coin.” Learn more about your ad choices. Visit megaphone.fm/adchoices

The long-term outlook remains incredibly bullish for Bitcoin enthusiasts, including VanEck. The ETF and Mutual Fund Manager predicts the king cryptocurrency (BTC) reaching between $1.3 million - $4.8 million if it becomes the global reserve asset. "Asset manager Van Eck says the Bitcoin price implied by global M0 and M2 is between $1,300,000 and $4,800,000 if it replaces fiat currency reserves as the next global reserve asset." - Mike Alfred Learn more about your ad choices. Visit megaphone.fm/adchoices

American investment firm VanEck believes that Bitcoin (BTC) has double the upside of gold and could be worth as much as $4.8 million per coin if it becomes the global reserve asset. VanEck’s analysis found that the implied price for the king cryptocurrency ranged from $1.3 million to $4.8 million. The lower prediction was based on BTC as a monetary base (M0), which investment database Investopedia says includes all circulating supply of a currency and bank deposits but is not a common marker for economists to look at. Learn more about your ad choices. Visit megaphone.fm/adchoices

Popular crypto analyst Nicholas Merten says the king cryptocurrency Bitcoin is in the middle of a push to $70,000, with one critical resistance level left in play. Another popular analyst Plan C shares, "I do believe in diminishing returns as well as diminishing losses. My cycle peak target is 120-180k" This was in response to Crypto Rovers tweet, "If we believe in the diminishing return structure, we should look at a Bitcoin market cycle peak somewhere around $170,000!" Learn more about your ad choices. Visit megaphone.fm/adchoices

For the first time this year, $48,000 Bitcoin price is hit, with previously cautious commentators increasingly flipping bullish on the king crypto. Now, while acknowledging the need for a further pullback in an ideal scenario, popular trader Crypto Ed said that the time was right to be "very bullish" on BTC going forward. "Hope for a little bit more down today, but often in these kind of bull markets, it's too much asking for," he said in his latest YouTube update. Zooming out, Ed eyed an ongoing construction in place since the lows of summer last year. While these could technically still reappear, there were "strong doubts" about such a situation, and should the bullish follow-through occur, the target for completion was beyond current all-time highs. "That gives me a target of around $80,000," he concluded. Learn more about your ad choices. Visit megaphone.fm/adchoices

The last time Bitcoin closed above the EMA Ribbon was after a double bottom + Higher High, which sent the king cryptocurrency parabolic from $8,000 to $64,000. "$230,000 is the next touch of the dotted line which is a good indicator for a possible next top of BTC. Bitcoin initiated with the pattern since the beginning of the 2019 flip. The asset rebounded from the lows firmly at $3100 and surged high to hit $64,000 in 2021. Further, the asset plunged and again smashed the current ATH close to $70K. In the due course, it formed a double bottom as it had formed before. Therefore, if the BTC price follows a similar pattern then, no stronger sell area may be encountered before it smashed $200K somewhere close to the end of 2023 as predicted by the analyst. Learn more about your ad choices. Visit megaphone.fm/adchoices

Microstrategy CEO and Bitcoin bull Michael Saylor expects the Bitcoin price to hit $600,000 per coin before eventually reaching $6,000,000 per BTC, noting that the king crypto is "unstoppable" and will replace gold to, “emerge as a $100 trillion asset class.” “Once upon a time, gold was the most desirable store of value. Now bitcoin is taking its place.” Microstrategy described itself as “the largest publicly traded corporate holder of bitcoin in the world and the first public company to adopt bitcoin as primary treasury reserve asset.” Its corporate strategy is to “Acquire and hold bitcoin long-term” and “purchase bitcoin through use of excess cash flows, and debt and equity transactions.” Learn more about your ad choices. Visit megaphone.fm/adchoices

On March 25, Bitcoin climbed another 2.5% to over $45,000, its highest levels in over three weeks. Alexander Mamasidikov, a co-founder of crypto wallet service MinePlex, noted that the BTC price could jump to $50,000 next. "These positive price trend activities have impacted BTC thus far and a sustained accumulation or investment from both retail and institutional investors is poised to push the coin to form strong support above $50,000 towards mid-April." In other rending Crypto News today: Max Keiser and Mexican Billionaire Ricardo Salinas visit El Salvador Bitcoin Mine with helicopter. A new delegation of influential bitcoin maximalists has just arrived in El Salvador to dine with president and visit the volcano Bitcoin mine. Learn more about your ad choices. Visit megaphone.fm/adchoices

Senior Bloomberg strategist Mike McGlone believes that Bitcoin (BTC) could crash before hitting a six-figure price in the coming months. In a new video interview, McGlone says that the flagship crypto is likely to fall to a key support level of $30,000 before it rallies to a price of $100,000 per coin, a gain of 230%. “If you buy it [Bitcoin] at around $41,000, I think, maybe in less than a year, you should expect to go around $100,000. But at these levels right now, we might easily see $30,000 first. And I fully expect that’s kind of the risk-reward because $30,000 has been the key support.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin is still in what some refer to as the ‘early innings’ meaning that the value of the king cryptocurrency is far from where they believe it will be in the future. This has birthed some rather optimistic predictions for the digital asset. The latest of these predictions has come from BitMex co-founder Arthur Hayes who sees the pioneer crypto (BTC) reaching as high as $1 million per coin. He explains that the growth in gold would also see Bitcoin grow rapidly, saying; “As gold marches its way above $10,000, bitcoin will march its way to $1,000,000. The bear market in fiat currencies will trigger the largest wealth transfer the world has ever seen.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Data Dash host Nicholas Merten says Bitcoin and the crypto markets are setting up for a big parabolic comeback over the coming months as he’s becoming more and more convinced that a spring cryptocurrency rally is imminent. Merten makes the case that BTC will soon be back to $60,000, a price range not seen since November 2021. Merten also says the altcoin market, already gaining momentum, will rally in turn. “I want to make the case that, really, as soon as later in April, if this trend plays out here, we could be back up towards that $60,000 range for Bitcoin. We could be in for a spring rally… But it’s not just Bitcoin. I want to emphasize this big time – because I understand all the while Bitcoin is obviously the most recognized currency, it is the largest crypto in the crypto space – this is unlikely to be just a Bitcoin rally." Learn more about your ad choices. Visit megaphone.fm/adchoices

As the Bitcoin game theory across the world continues in full effect, Malaysia is the latest major country discussing legalizing Bitcoin and cryptocurrency as well as making it legal tender. The Ministry of Communications and Multimedia of Malaysia calls on the federal parliament to legalize transfer of BTC and other cryptocurrencies. “We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them,” its deputy minister said. Learn more about your ad choices. Visit megaphone.fm/adchoices

Billionaire venture capitalist Chamath Palihapitiya predicts is a $200,000 Bitcoin price for the king cryptocurrency and is detailing his outlook for global stock and crypto markets in the near term. “I think that we’re in the midst of what I would call a melt-up. So probably in the next month, month and a half, there really isn’t much ‘bad news’ that hasn’t been priced in. The thing I’ve learned over the past few years is that markets don’t actually care what the news is. They can process good news and bad news equally well. What they despise is the uncertainty of what the news could be." Learn more about your ad choices. Visit megaphone.fm/adchoices

The chief executive of a crypto focused hedge fund thinks mass adoption could drive the price of Bitcoin (BTC) up to $400,000 per coin in as little as three years. “Every two years, 10 times more people use cryptocurrency than they did in the past, and that’s been going on for a decade. Every two years, it’s 10 times more. And every two years, the price of crypto’s gone up 10x. And to my mind, it’s that simple that within the next 5-10 years, almost everyone with a smartphone will use cryptocurrencies, and if that’s true, they’re going to be at a much higher price.” Morehead also unveils the catalysts that he thinks will drive Bitcoin’s price to $400,000 by 2025. “I think it will actually be some number like that. All the use cases that are really rolling out and people are using it. Now institutional investors are really investing in the space, from taking it 10 or 20 basis points to maybe in 10 years, 8% of their portfolio.” Learn more about your ad choices. Visit megaphone.fm/adchoices