BITCOIN BREAKS $50,000! WHAT FACTORS ARE DRIVING THE MARKET?
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Watch Scott Melker Video: BITCOIN BREAKS $50,000! WHAT FACTORS ARE DRIVING THE MARKET?. Bitcoin has broken $50K, and if PlanB is right again it’s on the way to $63K in October, $98K in November and $135K in December. PlanB, please be right again! I will discuss the factors that are driving this rally and why Bank of America suddenly is so bullish on Bitcoin and crypto in general (hint: because they finally started researching it).
In other news: after yesterday's outage of centralized social platforms like Facebook, Whatsapp, Instagram and others, Bitcoin is now worth more than Facebook. Many advocates of decentralization are calling for replacing centralized systems.
More news on the stream - join at 9.30am EST!
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#Bitcoin #Ethereum #Crypto
Timestamps
0:00 Intro
2:09 Bitcoin breaks $50K
2:48 What drives the market?
7:21 SPX vs Bitcoin
9:08 Bitcoin chart
13:40 Bank of America: crypto research
16:32 Centralised systems blackout
18:50 Luna skyrockets
21:07 India’s crypto market up 6x
22:27 Citadel founder vs crypto
29:20 Shib jumps 60% on Musk’s tweet
30:40 50K all day
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The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.
BITCOIN BREAKS $50,000! WHAT FACTORS ARE DRIVING THE MARKET?
Bitcoin and other crypto news, prices and info. Factors Driving Bitcoin's 15th Bear Market, IMF Crypto Warning to Emerging Markets. Bitcoin Macro: These Factors Are DRIVING PRICE!!. Key Factors Impacting Bitcoin Market Movement This Week. Macro factors can propel Bitcoin to $1 trillion market cap | Strategic investor explains. BITCOIN HOLDERS - IS THIS DRIVING THE MARKET?. Jim Cramer on bitcoin: Elon Musk is driving so much of this market. The Bitcoin Futures ETF Market Is Driving Price To INSANE Levels. What's Driving the Market Rebound?. Inflation fears or ETF driving Bitcoin’s price? Will ETH break ATH? | The Market Report w/ Big Cheds. Jim Cramer on what's driving Tuesday's market action. What's Driving Young Investors to the Crypto Market? A UK Financial Watchdog Says It's The 'Thrill'. Bitcoin Breaks Out As BTC Reclaims $1 Trillion Market Cap!.
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