395: OMG!! BITCOIN BREAKING OUT!! $50K IS NEXT ONCE $20K ALL-TIME HIGH IS CLEARED!!

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - November 18, 2020 15:44 - 19 minutes - 9.67 MB - ★★★★ - 537 ratings
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Previous Episode: 394: BITCOIN SMASHES $17K! BTC WILL HIT $65K AS NETWORK EFFECT HAS ‘TAKEN OVER’ SAYS MIKE NOVOGRATZ!

Next Episode: 396: LIVE BITCOIN TECHNICAL ANALYSIS WITH PHILIP SWIFT SUGGEST BTC PRICE WELL ABOVE $100K NEXT YEAR!

BITCOIN COULD HIT $50,000 IF IT SECURES ALL-TIME HIGH!!

BTC is literally skyrocketing right now above $18,000.

In the past 30 days the leading cryptocurrency has gained 60% which represents over $6,000 in gains.

Analysts are confident that further Bitcoin gains are on the horizon.

According to Mike McGlone, a senior commodity analyst or strategist at Bloomberg Intelligence, Bitcoin passing its previous all-time high at $20,000 will cause a large move higher.

McGlone went as far as to say that the cryptocurrency passing $20,000 per BTC could trigger a move to a $1 trillion market cap for all Bitcoin.

This corresponds with approximately $50,000 per Bitcoin, a price $32,000 higher than the current BTC price point of $18,000.

“$20,000 Bitcoin Is Primary Hurdle Toward $1 Trillion Market Cap — The digital version of gold but with more-limited supply and a history of adding zeros, appears to be in an early price-discovery stage and may simply continue its ascent in 2021. Mainstream adoption is rising…”

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