{"id":554275,"date":"2023-10-05T20:00:42","date_gmt":"2023-10-05T20:00:42","guid":{"rendered":"https:\/\/wncen.com\/?p=554275"},"modified":"2024-06-11T11:20:01","modified_gmt":"2024-06-11T11:20:01","slug":"bitcoin-investment-exit-price","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-investment-exit-price\/","title":{"rendered":"Bitcoin Investment Strategy: Analyst Sets Hefty Exit Price"},"content":{"rendered":"

A crypto YouTuber has revealed his Bitcoin exit plans to the public, stating that he would only withdraw from the cryptocurrency once BTC reaches a staggering $142,000.\u00a0<\/span><\/p>\n

It is important to note that Bitcoin is presently trading below the $30,000 mark. Hence the popular YouTuber may have to wait a few years before leaving the market for good.\u00a0<\/span><\/p>\n

Crypto YouTuber Sets Price For Bitcoin Exit<\/h2>\n

A crypto investor and YouTuber, \u2018InvestAnswers\u2019 recently published a <\/span>YouTube video<\/span><\/a> that featured a question-and-answer session with his subscribers. In the video, the YouTuber discussed various topics including AI, Meta, Google, and others.\u00a0<\/span><\/p>\n

Related Reading: Pro-Bitcoin Presidential Candidate Wants To Save BTC From The White House<\/a><\/div>\n

Focusing on crypto, he described his Bitcoin exit plan in detail, stating his desire to leave the cryptocurrency once it has attained a hefty market value of $142,000. The digital asset investor explained that he had high hopes for BTC’s price and was expecting the cryptocurrency to reach a price value of at least $89,000.<\/span><\/p>\n

Currently, the price of Bitcoin is approximately $27,693, miles below the price cap InvestAnswers has set for an exit. The cryptocurrency has also experienced a significant amount of <\/span>losses<\/span><\/a> this year due to unfavorable market conditions and volatility. Bitcoin also had a <\/span>minor price slip-up<\/span><\/a> last week, declining to about $27,500 after reports revealed a significant inflow of BTC in Kraken.\u00a0<\/span><\/p>\n

According to reports, <\/span>Bitcoin\u2019s<\/span><\/a> September performance this year has been one of the <\/span>strongest<\/span><\/a> since 2012. InvestAnswers has stated a few of the market metrics and developments including <\/span>Blackrock\u2019s Bitcoin ETF<\/span><\/a> have influenced the recent positive trend in Bitcoin.<\/span><\/p>\n

\"Bitcoin<\/p>\n

Analysts Relay Positive Outlook On BTC’s Price<\/h2>\n

With the <\/span>Bitcoin spot ETF<\/span><\/a> potentially launching in the crypto space and other major innovative crypto developments advancing the ecosystems, many investors believe that BTC is on the verge of a bull run. Several analysts have made <\/span>compelling predictions<\/span><\/a> for the price of BTC in the last few months, stating that the cryptocurrency could enter a bullish position once it pushes past the $30,000 mark.\u00a0<\/span><\/p>\n

These predictions match up with InvestAnswers’ hopes for Bitcoin\u2019s price rise to fuel his exit plans. The crypto investor has stated plans to sell out his equity to invest in several cryptocurrencies.\u00a0<\/span><\/p>\n

Related Reading: Will Bitcoin Price Crash To $10,000? Bloomberg Expert Reveals When<\/a><\/div>\n

BitMex founder and former CEO Arthur Hayes is one of those who remain convinced the Bitcoin price is headed for a six-figure price. Hayes <\/span>believes<\/span><\/a> that the price of BTC will reach $70,000 before the end of 2024. Going further, the crypto millionaire believes the cryptocurrency will rise as high as $1 million in 2026.<\/span><\/p>\n

Bitcoin is currently trading at $28,010 after struggling to hold support at $28,000. Nevertheless, the asset continues to hold 5% gains on the weekly chart.<\/span><\/p>\n

Featured image from Alphachain, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

A crypto YouTuber has revealed his Bitcoin exit plans to the public, stating that he would only withdraw from the cryptocurrency once BTC reaches a staggering $142,000.\u00a0 It is important to note that Bitcoin is presently trading below the $30,000 mark. Hence the popular YouTuber may have to wait a few years before leaving the market for good.\u00a0 Crypto YouTuber Sets Price For Bitcoin Exit A crypto investor and YouTuber, \u2018InvestAnswers\u2019 recently published a YouTube video that featured a question-and-answer session with his subscribers. In the video, the YouTuber discussed various topics including AI, Meta, Google, and others.\u00a0 Related Reading: Pro-Bitcoin Presidential Candidate Wants To Save BTC From The White House Focusing on crypto, he described his Bitcoin exit plan in detail, stating his desire to leave the cryptocurrency once it has attained a hefty market value of $142,000. The digital asset investor explained that he had high hopes for BTC’s price and was expecting the cryptocurrency to reach a price value of at least $89,000. Currently, the price of Bitcoin is approximately $27,693, miles below the price cap InvestAnswers has set for an exit. The cryptocurrency has also experienced a significant amount of losses this year due to unfavorable market conditions and volatility. Bitcoin also had a minor price slip-up last week, declining to about $27,500 after reports revealed a significant inflow of BTC in Kraken.\u00a0 According to reports, Bitcoin\u2019s September performance this year has been one of the strongest since 2012. InvestAnswers has stated a few of the market metrics and developments including Blackrock\u2019s Bitcoin ETF have influenced the recent positive trend in Bitcoin. Analysts Relay Positive Outlook On BTC’s Price With the Bitcoin spot ETF potentially launching in the crypto space and other major innovative crypto developments advancing the ecosystems, many investors believe that BTC is on the verge of a bull run. Several analysts have made compelling predictions for the price of BTC in the last few months, stating that the cryptocurrency could enter a bullish position once it pushes past the $30,000 mark.\u00a0 These predictions match up with InvestAnswers’ hopes for Bitcoin\u2019s price rise to fuel his exit plans. The crypto investor has stated plans to sell out his equity to invest in several cryptocurrencies.\u00a0 Related Reading: Will Bitcoin Price Crash To $10,000? Bloomberg Expert Reveals When BitMex founder and former CEO Arthur Hayes is one of those who remain convinced the Bitcoin price is headed for a six-figure price. Hayes believes that the price of BTC will reach $70,000 before the end of 2024. Going further, the crypto millionaire believes the cryptocurrency will rise as high as $1 million in 2026. Bitcoin is currently trading at $28,010 after struggling to hold support at $28,000. Nevertheless, the asset continues to hold 5% gains on the weekly chart. Featured image from Alphachain, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":554279,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,601,656,679,1119,1144,78790,6664,14690],"class_list":["post-554275","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-investment","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-crypto-news"],"acf":[],"yoast_head":"\nBitcoin Investment Strategy: Analyst Sets Hefty Exit Price<\/title>\n<meta name=\"description\" content=\"A crypto YouTuber has revealed his Bitcoin exit plans to the public, stating that he would only withdraw once it reaches $142,000.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Investment Strategy: Analyst Sets Hefty Exit Price","url":"http:\/\/wncen.com\/news\/bitcoin-investment-exit-price\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-investment-exit-price\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-exit-strategy.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-exit-strategy.png?fit=805%2C541"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin investment","bitcoin news","bitcoin price","btc","btcusd","btcusdt","crypto","crypto news"],"dateCreated":"2023-10-05T20:00:42Z","datePublished":"2023-10-05T20:00:42Z","dateModified":"2024-06-11T11:20:01Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Investment Strategy: Analyst Sets Hefty Exit Price\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-investment-exit-price\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-investment-exit-price\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-exit-strategy.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-exit-strategy.png?fit=805%2C541\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin investment\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"crypto news\"],\"dateCreated\":\"2023-10-05T20:00:42Z\",\"datePublished\":\"2023-10-05T20:00:42Z\",\"dateModified\":\"2024-06-11T11:20:01Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-exit-strategy.png?fit=805%2C541","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/554275"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=554275"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/554275\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/554279"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=554275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=554275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=554275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}