GUGGENHEIM CIO BTC WONT GO ABOVE $30K, BTC CRASHES AFTER ELON HYPE, DIPS TEMP - NO SUPPLY PERMANENT

122 Views
Published
#bitcoin (01/02/21)
Guggenheim CIO says that Bitcoin does not have the institutional demand to be worth more than $30k, Bitcoin's price crashes as Elon Musk Hype dies down, Bitcoin dips are temporary but the lack of supply is permanent, Ray Dalio clarifies his position on Bitcoin, Bitcoin could soon be on the Visa network… and the GMI model suggests a $300k Bitcoin price by October 2021. Some tweets as always as well as announcing my live guest for Thursday’s show!

Guggenheim CIO - Not enough demand for BTC to be over $30k:
https://www.coindesk.com/guggenheim-minerd-bitcoin-institutional-demand-price
Bitcoin crashes as Elon Hype dies down:
https://decrypt.co/56101/dogecoin-and-bitcoin-crash-as-elon-musk-effect-subsides
Bitcoin dips temporary but lack of supply is permanent:
https://www.forbes.com/sites/salgilbertie/2021/01/30/demand-dips-for-bitcoin-are-temporary-but-lack-of-supply-is-permanent/?sh=729522a53dec
Ray Dalio clarifies his position on Bitcoin:
https://cryptoslate.com/ray-dalio-clarifies-his-position-on-bitcoin-saying-he-greatly-admires-it/
Bitcoin could soon be on Visa network:
https://cryptoslate.com/bitcoin-could-soon-feature-on-visa-network-ceo-al-kelly-says/
GMI model says BTC at $300k by October 21:
https://www.newsbtc.com/analysis/btc/gmi-model-estimates-bitcoin-fair-value-at-300k-by-october-2021/

TWEETS:
BTC not expensive at $32k:
https://cutt.ly/AkuELf8
So in one month we’ve had:
https://cutt.ly/3kuEXyQ
This is what we’re dealing with:
https://cutt.ly/OkuEBkT
Stay strong - Bitcoin always wins:
https://cutt.ly/jkuE1pI
The lucky lottery winner:
https://cutt.ly/xkuE3rM

UK Bitcoin Master Backup Channel:
https://www.youtube.com/channel/UC3p4A_VqohTmbm44z4lgokg

Previous Show:
https://youtu.be/PE5eLQRumUI

Video Archive:
UK Bitcoin Master Video Archive:
http://www.UKBitcoinMaster.com
Bitcoin Interviews:
http://www.BitcoinInterviews.com
Show Sponsors:
www.justlearnbitcoin.com

Learning Resources:
The Bitcoin Book: A Beginner's Guide to the Future of Finance
https://amzn.to/3glAyBN
Arman The Parman:
https://armantheparman.com

Merchandise:
Bitcoin Bracelets:
https://www.BTCBracelets.com
Buy Trezor:
https://www.alza.co.uk/trezor-bitcoin-wallet-white-d4684680.htm
Buy Merch:
www.satoshicorner.com
Buy Merch:
https://www.lightninghood.com
Buy Merch:
https://www.bitcointothemoon.com
Buy Merch:
https://www.balconyshirts.co.uk
Coinbase:
https://www.coinbase.com/join/wallac_qf1

Support The Channel:
Leave a LN tip:
TippinMe:
https://tippin.me/@UKBitcoinMaster
Leave a BTC tip:
3AQfQDVxz7Nyz68tJjwS44D7McvaWZvL2L

The UK Bitcoin Master conducts Bitcoin consultations chargeable in Bitcoin at 0.007 BTC (Or £100) for up to an hour using Skype or Zoom video conferencing. Please note that he only consults on Buying, Storing on a Trezor and Holding, but he will also just talk Bitcoin if that’s what is required.

He DOES NOT advise on Trading, Mining, or Alt Coins!
email him at uk.bitcoin.master@gmail.com to arrange a consultation.
Category
Crypto Trading
Tags
Be the first to comment