"Bitcoin To $100,000 Then $1 Million - Here's Why" Steven Lubka Bitcoin and Crytpo 2023 Predictionīitcoin is going to $100,000 dollars real quick and then onto $1 Million dollars is the outlook out from Steven Lubka - the managing director and head of private clients and family offices at Swan Bitcoin. While short-term price movements remain uncertain, analyzing support and resistance levels along with momentum indicators provides valuable insights for traders and investors. The current narrative, particularly surrounding the SEC's focus on Bitcoin as a commodity and the potential approval of Bitcoin ETFs, suggests a more bullish scenario akin to the 2016 cycle rather than the consolidation seen in 2019. We also discuss the importance of understanding Bitcoin's narrative and its implications on the market cycle. On the downside, if Bitcoin falls, it may encounter support at the 20-day moving average and potentially between the 50-day and 20-day moving averages. This trendline sets up short-term targets, with $33,000 to $34,000 being a significant area of resistance. A similarity is observed between the recent swing low and swing high, highlighting the importance of the yellow trendline. Zooming in on the daily chart, we identify a positive structure of higher highs and higher lows, indicating a bullish trend. Bitcoin's position above the 20-month moving average is also crucial for establishing a bullish environment. On the monthly chart, we observe significant bullish indicators, including the MACD crossing above the signal line and the first green candle above zero since 2021. In this video, we dive into the current state of Bitcoin's momentum and explore short-term targets for the cryptocurrency. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company that provides business intelligence, mobile software, and cloud-based services. Make sure to stick around to the end of the video because this is the most convincing key note I have ever watched of all time. Saylor’s ultimate point - buy and hold Bitcoin and continue buying the hardest money on Earth as it’s the ONLY winning strategy on a long enough timeline. With more data and statistics to back him up, Saylor shows why true inflation is actually out-pacing traditional assets like investing in Vanguard or ETF’s. IN perhaps the most compelling keynotes of all time, Michael Saylor breaks down with extreme precision and data why currencies all over the globe, including the US dollar are collapsing in REAL TIME and destroying your wealth.Īnd don’t think investing in the stock market or Commodities like Gold & silver will save you either. You are losing 99% of your wealth over a long enough time horizon if you don’t ACT NOW is the message out from Founder of Micro Strategy - Michael Saylor. Michael Saylor "Bitcoin 100X Is Coming - Here's Why" (Time To BUY)
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