Bitcoin to $3.8 MILLION??!!! Current dump explained, Bitcoin destroying fiat (YAY!) - Ep.100

Today’s Bitcoin news!

PRICE UPDATE:

Today Bitcoin has fallen all the way into the $56k range, and is now hovering around $57k.

This is the largest pullback so far during this #bitcoin bull run. POST: https://twitter.com/w_s_bitcoin/status/1785712801815707722

Bitcoin is 23% off its all-time high. So why does it feel worse than it is? 👉This is the second longest run of RED weekly candles in Bitcoin history! Both times were deep into a bear market. POST: https://twitter.com/BTC_Archive/status/1785686389738127380

Welcome to the #Bitcoin bull market. This is exactly how it goes. Your face will melt soon. POST: https://twitter.com/BrianDeMint/status/1785711108806021286

JUST IN: Over $380m leveraged Bitcoin and crypto positions wiped out in just 24 hours. https://twitter.com/RadarHits/status/1785644373507473775

#Bitcoin - we are here. POST: https://twitter.com/MikeJarmuz/status/1785675096138428729

ETFs:

JUST IN: Head of ETFs at both Goldman Sachs and JP Morgan have resigned. Maybe it’s a coincidence that both companies missed the most successful ETF launch in history with the #Bitcoin ETFs. 😅. POST: https://twitter.com/BTC_Archive/status/1785707923324223707

LONGER OUTLOOK:

JUST IN: Cathie Wood raises her Bitcoin price target by $2.3m to $3.8 MILLION. All it would take is for institutions to allocate "5% of their portfolios to Bitcoin". 🤔. POST: https://twitter.com/BTC_Archive/status/1785697790875541724

BINANCE FOUNDER SENTENCED:

Binance's Founder CZ Sentenced to 4 Months in Prison. Binance founder and former CEO Changpeng 'CZ' Zhao was sentenced to four months in prison for breaking US anti-money laundering laws at the world's largest cryptocurrency exchange. ARTICLE: https://www.nobsbitcoin.com/cz-sentenced-to-4-months-in-prison/

HISTORY:

Exactly 11 years ago, Forbes journalist, Kashmir Hill attempted to live off #Bitcoin for a week. Not only did she survive the week, she ended it by paying for 60+ people to eat and drink over the course of three hours, all in #Bitcoin. Legendary🔥. POST: https://twitter.com/CoinCorner/status/1785700968178368643

MUSIC:

Wavlake: Mixtape Vol 8 is live ⚡️🎵. LISTEN: https://wavlake.com/episode/3884c271-25f5-4874-8c73-757eeb90ecbd

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