BITCOIN BREAKING OUT RIGHT NOW!$1,000,000 PER BTC IN 4 YEARS

BITCOIN BREAKING OUT RIGHT NOW!$1,000,000 PER BTC IN 4 YEARS

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I want to talk about the target that is all the way up here and I want to share my opinion about whether we're going to reach this target or not and if there are any bigger resistance zones that we need to pay attention to and also the halving is coming up in less than 18 days and the halving mentions or spiking on Twitter and in crypto media and also in this video Ron Paul says that bitcoin will go to 1 million dollars within the next 5 years I want to show you his reasoning behind this price prediction and I'm also going to share my thoughts why I think that this is probably a little bit too optimistic and if you think that that sounds interesting then I think that you should difficult.his one big Bitcoin breakout from this symmetrical triangle and first of which means that it says basically 50 chance to break up any 50percents to present it to break down and the targets, if we break up, is measured like this and now I'm gonna put it at the point of the breakout and you will see that the target is approximately eight point seven thousand dollars yeah so so far so good we have seen a big volume candle come in which does indicate that this was a powerful breakout, of course, I would have loved some more follow-through on the volume now but then again this is something that can increase in the next few hours and days here but so far so good this is an actual breakout this is not a fake out however I do want to point out that we are running into this green resistance zone and if I zoom out it will become very clear to everyone why this the zone is very very key for the Bitcoin macrotrend so and I think now you can see that average is way back here in May and June 2019 we've seen support and then we saw support right there back in October of 2019 and by the way,

 this green resistance area is from 7600 down to$7,500and here you can see also how we had resistance back in December 2019 and you can also see that one bit come finally broke down below it hereat that point we can see that Bitcoinwell this drop this waterfall drops escalated quickly so technically we can clearly see how this resistance zone is very very significant and this is significant from a macro standpoint so as long as because below this resistance then we need to keep in mind that there will take a lot of strength to breakthrough here and I think still, that if the vehicle is able to break through the resistance than in my opinion I think that we are seeing the Polish scenario play out and in my opinion, the bullish scenario basically is that Bitcoin is going to go up from here and we we are not going to get another leg to the downside but as long as we're below this level I still think that the bearish scenario has validity and still has a likelihood of playing out so that's I'm keeping close attention to the vehicle price currency in this uptrend because after this break out the likelihood of us breaking through this resistance a dramatically increased of course I would love to know what you guys think please vote in this poll right now do you think that this resistance will be broken in the next two days or not something else I want to point out is over on the daily timeframe and I'm gonna take a look at this dailyEMA ribbon because remember this signal what I've been saying is that if a vehicle breaks back above this ribbon with a daily close above then we are entering into a bull trend based on the EMAribbon as you can see when we broke it through back there in January we entered into a bull trend when we broke down below it we entered into a pear trend and you can see that basically, this is a reliable indicator over time for bull trends and patrons and now we have gotten this signal basically that we have entered into a bull trend this is not a guarantee that we are going to see a big bull trend in the next few weeks and months but this is a good sign and this is why I'm pointing this out now because I do think that we need to take this signal seriously based on previous performance from this EMAribbon and as always if you want to use my affiliate links down below feel free to do disclaimer is I make a commission off of every click and every sign up here and if you are an experienced trader you can try these Bitcoin trading platforms if you deposit 0.2 Bitcoin you can get up to 112 overall fee makes and if you deposit 0.5 Bitcoin over on PI bit you can get up to 1.5 thousand dollars in bonus next up so the Bitcoin having is coming up in 17 days 22 hours 29 minutes34 33 seconds it is getting closer and closer and we can also, see that it'sonly two thousand five hundred and eighty-four blocks until they're havingI'm checking this website every single day now I think that this is such an amazing event I think that the halving will bring so much attention to Bitcoin especially right now in the midst of the huge quantitative easing we're seeing and this image is very very telling 

because for people that don't understand the Bitcoin having is the opposite to quantitative easing its quantitative gardening because this is the first time in human history that we have an asset that will by itself conduct quantitative hardening over time without anyone deciding that this is going to happen or anyone that can stop this from happening this is truly unique so actually, I could just summarize the having as Bitcoin, and the Bitcoin having is the antidote to inflation and most of you have probably already heard these quotes but I am going to read it to you again because now in2020 this cult is more powerful than ever this is by Henry Ford he said it is well enough that people of the nation do not understand our banking and monetary system for if they did I believe there would be a revolution before tomorrow morning and just like I said yesterday two days ago I think that all these handouts of one point two thousand I think this is just a cheap way for the government to to basically pay off their citizens for to keep them from starting the revolution it seems like you get a piece of the cake when you get 1.2mm in your hand but guys you are not getting the better part of this deal and this will soon be very obvious to the citizens of the world as we see this financial crisis escalate and we see more bailouts for big companies soon the big bailouts for the big banks are going to take place and like I said you are not going to get a good part of this deal we the normal people  the citizens we are the losers in this big monetary system in this big inflation game and the Tyler Winklevoss said over on Twitter running out of toilet paper don't worry the Fed is printing more and next up another big whale alert as someone transfers the equivalent of Taylor Swift's net worth for less than one dollar now I'm not really sure why we're doing this connection to TaylorSwift but let's just take a look at the volume here someone moved almost49,000 Bitcoin worth almost 400 million dollars and the interesting part here is that the fee was a ridiculous 63 cents and just like mmm crypto said here over on Twitter show me one bank which can do that and obviously there is no bank in the world that can transfer this amount of money for these low fees if the bank even agrees to make the transfer which is not obvious the thing it's not guaranteed they will take a huge fee they will also ask you to wait until tomorrow morning if you're lucky probably in many countries you might have to wait a few days and if you're doing a big international transfer sometimes you have to wait maybe two weeks so this is yet a clear example of how bitcoin is completely changing the game for online international value transfers and next up having mentioned spike on Twitter and crypto media so the having the hype is getting bigger and bigger and let's take a look at this chart we can see this articles mentioning Bitcoin and the halving gold 30-day sum so we can see that having articles are in blue coronavirus in red and gold in yellow and we can see that the interest in gold is also on the rising currency as the price is going up and we see financial crisis playing out so it makes sense and of course, coronavirus spiked like crazy here as we saw the curve going exponential but we are seeing a small little breather so to speak here in the coronavirus interest maybe this is starting to go down however the interest in the Bitcoin having is clearly on the rise and if you look at it it does seem like we have an exponential looking a function here where this is probably going to take off to the upside even in the next few weeks here as we see the having coming closer so I'm expecting this having hype to increase dramatically a day over a day in an exponential fashion and next up RonPaul predicts when Bitcoin price could reach 1 million dollars so this is RonPaul most of you probably already know who he is and in his latest issue of the unfolding report he says that Bitcoin could hit 1 million dollars in the next5 years and I just want to share my opinion about that personally I think that 1 million dollars is very very likely very probable even but I personally don't think that it's going to take place in the next 5 years that's little bit too optimistic in my view but within the next 10 years I'm pretty sure in the next 15 years I'm very sure that this is going to take place so he says that the gold market cap is about fifteen trillion I'm not really sure if that number is correct but nonetheless it is very close to that and he says that it wouldn't be crazy for bitcoin to reach 10 trillion market capitalization and I think it is fair to compare gold and Bitcoin and I think that for the long-term prediction of bitcoin it makes a lot of sense to make this kind of assumption I just don think we're going to reach 1 million in the next 5 years I think that web lucky to reach 300,000 or 400,000 in the next five years and also I'm talking about today's money so with inflation and a few tens of trillions of dollars in quantitative easing sure its possible that Bitcoin reaches five million sooner than I expected but in today's money if we adjust for inflation I don think we're gonna reach that number and speaking of adjusting for inflation just want to show you this gold chart because when you look at the gold chart on trading view it looks like gold is at an all-time high almost and that was basically well very very high compared to the 80s but if you do this inflation-adjusted chart you can see that the gold price was much much much higher back in the 80s and if gold was to come back to the levels back then well then be the gold price would have to go back to$9,000 per ounce and I'm not saying that this is going to happen in the next few years but I think that in this big-dollar collapse that I'm expecting I think that gold will eventually, take back a lot of them the value that was stolen from it and diluted into fiat currencies and I think that gold and bacon are both going to benefit from this value transfer so to speak and in that case, I can clearly see gold going at least five X maybe even 10 X so it is definitely possible for gold to go away about five thousand dollars up towards ten thousand dollars but then again this is also more of a long-term prediction maybe five-ten years or something like that please leave your comments down below what do you think about gold do you think gold is a good investment in this financial crisis and whats your gold prediction for the next ten years please leave all of your gold price predictions down below right now I would love to read all of your price prediction.