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Bitcoin $98K End of Nov, $135K End of Dec
Breakout coming soon!
We are still on track to new all time highs despite the bumps in the road from this past week which includes Evergrande and the SEC rejecting the VanEck Bitcoin spot ETF. PlanB this morning tweeted that Bitcoin at $98,000 by the end of November and $135,000 at the of December is still in play. This is of course not guaranteed, but as you can see from the macro level charts there is a high probability of this happening.
Bitcoin chart analyst TechDev tweeted the following chart saying “The accuracy of the linear 5.618 in calling BTC tops has been truly remarkable. Taken from wick to wick on the all-time history index (from highest above log 1.618 to lowest below log 1.272)... 98% accurate. Calls $231,812 this cycle.”
Remember that once Bitcoin has pumped and hit its blowoff top we will then see a massive Altseason.
Most Bullish News From This Past Week
Apple CEO Tim Cook said in an interview that he holds crypto, specifically Bitcoin and Ethereum.
Miami will give it’s residents Bitcoin Yield via the MiamiCoin earnings
Twitter has launched a crypto team. Jack Dorsey continues his mission to make Bitcoin the currency of the internet.
$250 Million + airdrop coming to XRP holders via Sologenic
Ripple launches Liquidity Hub
MasterCard launched it’s crypto linked credit cards in Asia
AMC CEO confirms they are now accepting Bitcoin, Ethereum, Bitcoin Cash, Litecoin
Bearish News From This Past Week
Gary Gensler and SEC rejected the VanEck Bitcoin Spot ETF showing once again the SEC does not care about retail investors. VanEck’s team tweeted out their disappointment in the decision. However, they will launch their futures ETF next week.
Chad Harris is the CEO on Riot Whinstone US which is the largest Bitcoin Mining Facility in North America. He discusses how Bitcoin mining works and much more.
Patrick Stanley is the Community Lead of CityCoins which is the creator of MiamiCoin and CityCoins. Patrick explains how CityCoins work and MiamiCoin’s success.
Interviews in the works
Senator Cynthia Lummis
Monica Long (Ripple)
David Schwartz (Ripple)
Charles Hoskinson (Cardano)
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Disclaimer - Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This newsletter is for educational purposes and NOT investment or financial advice.