{"id":244316,"date":"2024-02-09T14:43:16","date_gmt":"2024-02-09T09:13:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=244316"},"modified":"2024-02-09T14:43:16","modified_gmt":"2024-02-09T09:13:16","slug":"bitcoin-could-skyrocket-by-up-to-190-in-165-days-according-to-investanswers-heres-his-outlook-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-could-skyrocket-by-up-to-190-in-165-days-according-to-investanswers-heres-his-outlook-crypto-news\/","title":{"rendered":"Bitcoin Could Skyrocket by up to 190% in 165 Days, According to InvestAnswers \u2013 Here\u2019s His Outlook &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A closely followed crypto analyst is expressing bullish sentiment toward Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\">BTC<\/a>) amid a bounce in the market.<\/p>\n<p>In a new video update, the host of InvestAnswers <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=KE3ic0PqnJI\">tells<\/a> his 472,000 YouTube subscribers that the crypto king could surge by up to 190% from its current level in less than six months.<\/p>\n<p><em>\u201cBy my estimates\u2026 We are 165 days away from either an $80,000 Bitcoin or $130,000 Bitcoin, somewhere in between, by July 16th 2024. Assuming history, assuming math, assuming supply, assuming money flows.\u201d <\/em><\/p>\n<p>The analyst also says that based on history, Bitcoin experiences the most significant price movements three months before its halving and three months after it \u2013 then remains relatively sideways afterwards.<\/p>\n<p><em>\u201cAll the action, all the action for Bitcoin happens 90 days before the halving which is the zone we are in now to 90 days after. After that, relatively flat.\u201d<\/em><\/p>\n<p>BTC\u2019s halving is slated for April and will see miners\u2019 rewards cut in half.<\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption alignnone\"><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: InvestAnswers\/YouTube<\/figcaption><\/figure>\n<p>According to the host, the demand for Bitcoin from spot ETF providers far outstrips the amount of BTC being mined, leading him to be bullish toward the top crypto asset by market cap.<\/p>\n<p><em>\u201cThere is way more demand even if we take a quarter of what happened over the last 18 days. That\u2019s still nearly five times what\u2019s produced by miners and that assumes miners will sell every single Bitcoin they have in real time, which is not theoretical. That also assumes nobody else will buy any Bitcoin. That\u2019s why I\u2019m bullish.\u201d<\/em><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2024\/02\/BTC-0208-IA-3.png\" alt=\"BTC-0208-IA-3\" width=\"1063\" height=\"499\" \/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: InvestAnswers\/YouTube<\/figcaption><\/figure>\n<p>Bitcoin is trading at $44,802 at time of writing, a 3.87% gain during the last 24 hours.<\/p>\n<p><iframe loading=\"lazy\" title=\"\ud83d\ude80 Wen Bitcoin Supply Crunch: IA Math Predictions!\ud83d\udcc8\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/KE3ic0PqnJI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" class=\"maxbutton-4 maxbutton maxbutton-check-out-the-latest-headlines-bigger\" href=\"https:\/\/dailyhodl.com\/news\/\"><span class=\"mb-text\">Check Latest News Headlines<\/span><\/a><\/p>\n<p>&amp;nbsp<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Generated Image: DALLE3<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A closely followed crypto analyst is expressing bullish sentiment toward Bitcoin (BTC) amid a bounce in the market. In a new video update, the host of InvestAnswers tells his 472,000 YouTube subscribers that the crypto king could surge by up to 190% from its current level in less than six months. \u201cBy my estimates\u2026 We [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":244317,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-244316","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/244316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=244316"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/244316\/revisions"}],"predecessor-version":[{"id":244322,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/244316\/revisions\/244322"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/244317"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=244316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=244316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=244316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}