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1282: VanEck: Bitcoin Can Moon to $1.3 Million Per Coin If Adopted As World Reserve Currency!! May 15, 2023

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Renowned global investment manager, VanEck which currently has $69 billion in assets under management, explained a framework that analyzed where the value of Bitcoin (BTC) would end up if it were to be adopted as the world's reserve currency.

"Gold prices of around $31,000 per ounce and potential Bitcoin prices of around $1,300,000 per coin. Adjusting for greater strains on financial and monetary systems generates even higher prices."

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1281: GLASSNODE: Confident of Explosive Bitcoin Pump, Predicts Fed Rate Hike Pause!! May 14, 2023

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The creators of one of the top on-chain analytics firms in the crypto space believe that Bitcoin is gearing up for an explosive move to the upside.

According to the Glassnode co-founders, the macro backdrop is starting to look favorable for BTC by market cap.

"$25,800 still remains a possibility, as indicated by the options market. Confident in our mid-term outlook of $35,000 as external pressures subside. Market pricing Fed pause in June, no rate cut – optimal for the run to $35,000 for summer."

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1280: BITCOIN WILL HIT 6-FIGURES PREDICTS ON-CHAIN CRYPTO ANALYST - HERE'S WHEN!! May 13, 2023

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Crypto prodigy and on-chain analyst William Clemente III tips the king crypto (BTC) will hit six figures toward the end of 2024.

"Even if you thought Bitcoin could go to $10K from current prices, with a 2025 target of $180K you're looking at a 1:9 risk-reward ratio with 50% potential downside but 900% upside. Invest 1% of your portfolio, you're risking 0.5% with 9% upside to your overall holdings. No brainer."

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1279: HERE'S WHEN BITCOIN COULD BREAK ALL-TIME HIGHS BASED ON HISTORY!! May 12, 2023

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A widely followed crypto strategist is predicting that Bitcoin could reach a new all-time high in the next 18 months. According to the crypto trader, his estimate is based on the average time it took during prior cycles for BTC to recover after reaching all-time highs and then collapsing. Using that timeline, he says there are 415 days before Bitcoin will reach a new all-time high during its current cycle.

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1278: CEO Of Sustainable BTC Miner Reveals 'New Model' for Renewable Bitcoin Mining!! May 11, 2023

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Alexandra DaCosta is one of the few female CEO's in the Bitcoin Mining industry and a former head of ESG & Impact investing at Cantor Fitzgerald, Alexandra heads Aspen Creek Digital Corporation, a renewably-powered BTC mining start-up launched in 2022 that recently raised a $8M Series A despite the current downturn in bitcoin mining and crypto.

ACDC is catalyzing the decarbonization of power generation by creating the world's leading fleet of renewably powered data centers. Coupling financial ingenuity and energy expertise, we develop behind-the-meter data centers with new renewable power projects to deliver carbon transparency, reduce power price volatility and add renewables to the grid.

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1277: BITCOIN GEARING UP FOR PARABOLIC RIP, SAYS CRYPTO TRADER!! May 10, 2023

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A closely followed analyst believes that the recent Bitcoin price doldrums are setting the stage for the crypto king (BTC) to go on a parabolic surge.

According to Credible, Bitcoin could correct to as low as $25,000 and still be in a position to ignite the next stage of its parabolic rally.

"By the time we're at $40,000 or $50,000… nothing's stopping us from going to new all-time highs if we get this high. We're not stopping here… We will be at new all-time highs before you know it and certainly before 2024 in my opinion."

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1276: MICHAEL SAYLOR: Bitcoin Set to Hit $500,000 Per BTC - Here's When!! May 09, 2023

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Michael Saylor, a high-profile Bitcoin bull, has put out a $500,000 price target for BTC. Speaking recently at MarketWatch's Best New Ideas in Money Festival, the Microstrategy CEO suggested that the king crypto (Bitcoin) could hit $65,000 within four years and then reach his ambitious goal of $500,000 by the end of the decade.

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1275: Bitcoin Country El Salvador 'Eliminates All Taxes' On Technological Innovation!! May 08, 2023

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El Salvador, the first country in the world to make Bitcoin (the king crypto) a legal tender under the leadership of President Nayib Bukele, just took another significant step towards establishing itself as the leading BTC hub in the Americas. The country has enacted an unprecedented law, The Innovation and Technology Manufacturing Incentives Act, that exempts tech-related businesses from paying taxes.

This legislation, signed by the pro-Bitcoin millennial ruler, removes the burden of various taxes including capital gains, import tariffs, and taxes related to AI programming, software, and hardware manufacturing.

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1274: BITCOIN SUPERCYCLE TOP COULD HIT $2,500,000 - HERE'S WHEN!! May 07, 2023

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Bloomberg Intelligence senior commodity strategist Mike McGlone has explained that a Bitcoin supercycle may be happening, noting that the king crypto is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, the BTC volatility is more likely to recover compared to commodities when Bitcoin "heads toward new highs."

Also Su Zhu, the co-founder of Three Arrows Capital, revealed an astronomical Bitcoin price prediction resulting from a BTC supercycle:

"I mean, I think there's an argument that gold itself is very undervalued. If it was the dominant store of value cause this thing was at like $1,700 years ago… and let's say gold should have 5X'd if there wasn't Bitcoin, then really we're looking at a $50 trillion market cap. So then you're already halfway there to $100 trillion and that will get you to $2.5 million per BTC and I think that that is definitely possible."

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1273: MICHAEL SAYLOR: 'Bitcoin Is A Screaming Buy' Hold On To It And Stomach The Volatility!! May 06, 2023

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MicroStrategy CEO and Bitcoin bull Michael Saylor believes a $5 million price tag is inevitable for the king crypto (BTC).

"I can see bitcoin going to a million. I can see it going to $5 million… because if it simply replaces all the indexes as a monetary index money, why shouldn't it go to $100 trillion in market cap or something?

In my life I've never seen something that was such a screaming signal. You've got a $200 to $300 trillion addressable market. You've got a problem – money is not sound. You've got engineered thermodynamically sound money. You've got a dominant network. Everybody's decided it's the network. It's exploding."

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