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Bitcoin Can Still Get To $100k A Piece – Bitcoin Permabull Max Keiser

Bitcoin is looking good this month, and not just to the regular fans. Even influencers like Max Keiser have noticed the trend. Max has been one of the many people that have supported Bitcoin and have been bullish all through the troubles of the crypto winter. In fact, back in 2018 when Bitcoin wasn’t doing very well, Max was quoted as saying that the crypto would go on to achieve a target of $100,000 per coin.

It’s Bull Market

On Tuesday, during a recent interview with Kitco News, Max stuck to his guns, reiterating his 2018 bullish stance. According to him, all indicators right now point to a potential bull market for Bitcoin. And he does have a point, especially seeing as Bitcoin has gained by over 120% since the beginning of this year.

In May alone, Bitcoin added a cool $2,000 within a week. In fact, of the 120% Bitcoin growth in 2019, 83% has happened in April and May, with the current surge scoring the biggest. Going on, Max argued that the crypto’s full potential yet to be unleashed.

Warren Buffett Is So Wrong

While working up the drums for Bitcoin, Max grabbed the chance to throw a jab at non-coiners and Bitcoin pessimists like Warren Buffett. Just a short while ago, Buffet threw shade on Bitcoin, calling it “rat poison squared” and “a gambling device.” Bitcoiners like Max don’t seem to have taken that kindly.

In his argument, Max explained that people like Warren Buffett don’t have the brain power to understand the intricacies of the power of Bitcoin because they’re so used in their ways that they can’t adapt to new things. On that, Max isn’t alone. In 2018, Binance CEO Changpeng Zhao said people like Buffett are just too ignorant about cryptocurrencies

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Bitcoin Forecast and Analysis February 24 — 28, 2020

Bitcoin BTC/USD closes the trading week at 9680 and continues to move as part of the correction after a strong price increase. Moving averages indicate a bullish trend. Prices were able to break through the area between the signal lines up, which indicates strong pressure from buyers. At the moment, we should expect an attempt to continue minor correction and test the support area near the level of 9225. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 14065.

Bitcoin Forecast and Analysis February 24 — 28, 2020

In favor of raising BTC/USD quotes in the current trading week February 24 — 28, 2020, a rebound from the upper border of the downward channel will be made. The second signal will be a rebound from the trend line on the relative strength index (RSI). Cancellation of the Bitcoin growth option will be a fall and a breakdown of the area of ​​7725. This will indicate a breakdown of the support area and a continuation of the fall of BTC/USD with a potential target below the level of 5655. A confirmation of the development of the upward trend will be a breakdown of the resistance area and closing of quotations above the level of 11095.

Bitcoin Forecast and Analysis February 24 — 28, 2020

Bitcoin Forecast and Analysis February 24 — 28, 2020 suggests an attempt at the support area near the level of 9225. Then, the cryptocurrency will continue to grow to the area below the level of 14065. An additional signal in favor of the growth of the Bitcoin exchange rate will be the support line test on the relative strength index (RSI). Cancellation of the option of raising the Bitcoin cryptocurrency quotes will be a fall and a breakdown of the area of ​​7725. In this case, we should expect continued decline with the target at the level of 5655.

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Bitcoin Era Make Profitable Trades Using This Powerful Trading Software

Is bitcoin Era fake? No!

Before giving details about this software, let me clear one thing that Bitcoin Era is legit and registered. There are many mixed reviews circulating on the internet, but from our analysis we found it legitimate. The system is highly responsive and accurate. User testimonials declare bitcoin era as trustworthy, all the information provided on the official website of software proves to be accurate. We could not find any prove about its unauthenticity. Existing users claim the success rate 88%, again proves that it not a Scam.

What is Bitcoin Era App?

An automated trading software that provides an opportunity to users to earn thousands of dollars daily, without any trading experience. An experienced or a newbie are equal here both can earn same level of profits because robots will trade on their behalf. The minimum deposit of $250 is required to start live trading, it is recommended to avail this facility.

How it works?

A unique feature of bitcoin era that make them distinguish from other trading bots is the amazing speed of robots i.e. they analyze the data 0.01 seconds faster than other robots.
They have implemented sophisticated algorithms to determine the trade opportunities. From account creation to live trading, every process seems to be flawless. However, cryptocurrency market is highly volatile and anything can be expected so keep in mind risks is involve.

You can also read
Best Bitcoin Trading Software Review 2020

How to start trade?

Step1: Create an account
Enter your personal information on the short form, available on the official Bitcoin Era. Such information include complete name (first and last name), email address, phone number and a strong password is compulsory. Once verification will be done, you will be notifies your account has been created. Registration process is quite simple and hardly takes 5 minutes unlike other trading bots it does not demand any unnecessary information. Remember, registration process is absolutely free for users.

Step2: Fund your account
Like the registration process, this step also work smoothly. Deposit a minimum deposit $250 in order to start trade. Different payment methods are available, such methods include MasterCard, Visa, wire transfer, WebMoney, Maestro, Neteller, and Skrill.

Step3: Live trading
The demo trading option (optional) is also available for those who are reluctant use it as they don’t have any familiarity with the system. For those users demo trading option is available and it does not require real money.
Once you have capitalized your account, you are ready for live trading. Live trading involves the app analyzing the crypto markets for opportunities and placing corresponding trades. With Bitcoin Era, investors claim to make money in both falling and rising crypto markets

Why Bitcoin Era app?

The founders of bitcoin era claims an accuracy rate of 99.4%, which seems pretty cool. The reviews on the official platform are from real users, there are many fake trading bots available in market who lie about everything.

Customer support
Bitcoin era realizes that no matter how responsive a system is, sometimes users do face some issues. So, customer support team is available for users 24/7.

Predicted Profits
The profits are limitless, users have improved their living standards. Reviews analysis showed that users earned an average profit of $5k per day. However, there are some negative reviews that people are making huge gains only to lose nearly all their profits in less than a minute.
Keep in mind, invest whatever you can afford to lose.

The software has good reputation in the market, majority of users are happy with this trading app. According to user, it is very easy to work with bitcoin era and they are making huge profits.

Bitcoin era claim that they have implemented industry standard security protocol plus broker partners are the most trusted members of industry. The bot does not share the personal information of their users, without their consent.

Unlike other trading bots bitcoin era does not have any hidden charges or fees. Registration process is of free and no commissions on withdrawal or deposits

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Bitcoin Looking Healthy At $9,800 As Global Markets Tumble Amid Coronavirus Fears

Traditional financial markets are plunging today amid fears of the spreading coronavirus. While indices and stocks tumble across the globe, gold is increasing as investors turn to it as a safe haven. It reached its highest point since 2013. Amid this uncertainty, it’s interesting to see where Bitcoin’s price will go next.

Stock Markets Plummet

The coronavirus outbreak continues to expand with almost 79,000 confirmed cases globally. The death toll has risen to over 2,450, and 23 are outside of mainland China.

The effect of the deadly virus spreads among the financial markets as well. For instance, South Korea has reported over 600 cases, and its most popular index noted its worst trading day since late 2018. The Korea Composite Stock Price Index (KOSPI) decreased by almost 4% today.

The situation is not much better across the globe. The S&P 500 (SPX) futures were down with 1.5%, and Nasdaq (COMP) futures dropped with around 1.8%.

The Dow Jones Industrial Average (DJIA), measuring the thirty leading blue-chip U.S. companies, decreased with 1.61%.You Might Also Like:

  • Bitcoin is Not Alone: S&P 500 and NASDAQ Records New All-Time Highs
  • Up and Down May: Traditional Stock Markets Plunge as Bitcoin Records 60% Gains in May 2019
  • VanEck Report: Holding 3% Bitcoin In Your Portfolio Improves Performance Substantially
DJIA US30 4h. Source: TradingView
DJIA US30 4h. Source: TradingView

Bitcoin Reaction

Bitcoin has traditionally demonstrated a lack of correlation to traditional financial markets. However, over the past 24 hours, its price went on a rollercoaster. It touched an intraday high of around $10,000 and a low of around $9,600. At the time of this writing, bitcoin is trading at $9,800, marking a healthy recovery.

BTCUSD 4h. Source: TradingView
BTCUSD 4h. Source: TradingView

From a technical standpoint, the $10,000 level serves as a significant resistance level. It rejected Bitcoin a few times since yesterday. In terms of support, the next measurable level is at $9,550. Should it fail to hold the price, traders should consider $9,400.

Earlier in January, when the coronavirus epidemic started to boom, both Bitcoin and gold were increasing. This led some to think that both assets were used as a hedge.

Gold and Oil

At the start of 2020, during the attacks between the U.S. and Iran, gold, oil, and Bitcoin were moving similarly. While the traditional market was plunging again, all three surged.

Despite that, the outcome so far today is somewhat different. Oil fell with 2.8% to below $57 per barrel. At the same time, gold records its highest point in over seven years.

XAUUSD 4h. Source: TradingView
XAUUSD 4h. Source: TradingView

The precious metal is regarded as the most widely-used hedge in times of uncertainty, political and economic tension, or even war. This is reaffirmed today, as gold increased with over 2.7% from $1,641 to $1,688 in just a few hours.

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