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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets
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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Crypto Billionaire Tyler Winklevoss Calls for $15K BTC Once Bitcoin Price Breaks $10K

Tony "The Bull" Severino
Tony "The Bull" Severino
6 years ago
3 mins read

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Bitcoin has rebounded from yet another dip, which crypto traders bought up in anticipation of a break of $10,000. As Bitcoin price continues to flirt with low-to-mid $9000s, an attempt at $10,000 shouldn’t be far along.

If $10,000 is broken, co-founder of the Gemini crypto exchange and Bitcoin billionaire Tyler Winklevoss thinks that $15,000 would be the next logical price target for BTC to break.

Tyler Winklevoss on Bitcoin Price: Once $10K Breaks, $15K Is Next

It should come as no surprise to anyone that Tyler Winklevoss – one half of the founding members of Gemini crypto exchange, the Winkelvoss twins – is bullish on Bitcoin and the crypto industry. The early investor in the emerging technology is also among its biggest supporters and industry stewards, and operates an exchange that offers a variety of the digital assets.

Related Reading | Bitcoin Returns 144,912% in 7 Years, Investors Always Wish They Bought More 

With Bitcoin price in such close proximity to the important psychological price level of $10,000, an attempt will be made in coming days, and if it is broken, according to Tyler Winklevoss, $15,000 all be broken next.

If Bitcoin Breaks 100k you can bet it will break a million:)

— John McAfee (@officialmcafee) June 19, 2019

During the 2017 bull run, it took only roughly eight and a half days to breach $15,000 after Bitcoin price cut through $10,000 like a knife. Another roughly eight days later, Bitcoin hit its all-time high of $20,000 before suffering a major correction and bear market.

The Winklevoss Twins: The Biggest Supporters of the Future of Money

In a response to Tyler’s tweet, crypto hype man John McAfee cheekily suggests that once Bitcoin price breaks above $100K, “you can bet it will break a million,” likely in reference to his famous claim and resulting dickline – a trajectory that would reach McAfee’s lofty prediction that BTC would be priced at over million USD before the end of 2020.

Related Reading | Cameron Winklevoss on Crypto: Not Investing In the “Future of Money” is “Crazy” 

Tyler, a friend of McAfee’s, also sent the eccentric security expert a signed copy of Ben Mezrich’s novel Bitcoin Billionaires. The book is a “true story of genius, betrayal, and redemption,” focusing on the Winklevoss twin’s early days getting into Bitcoin.

From my good friend and fellow party animal @tylerwinklevoss. Thank you Tyler.@benmezrich pic.twitter.com/nwzYfsfiy4

— John McAfee (@officialmcafee) June 19, 2019

According to the novel, the Winklevoss twins put all their Bitcoin into cold storage “via shared private keys in 12 separate safety deposit boxes across the country,” then proceeded to smash the computer, router, and printer they used with a sledgehammer.

Reading “Bitcoin Billionaires”, the part on the Winklevoss bros putting all their Bitcoin in cold storage via sharded private keys in 12 separate safety deposit boxes across the country, then smashing the computer, router and printer they used for it with a sledgehammer is great

— Rob Paone (@crypto_bobby) June 19, 2019

The early investors know more about Bitcoin than most, and have watched it grow since its inception. The duo are some of the biggest promoters of the asset class, and call crypto the “future of money.” Cameron, Tyler’s twin brother also says that while crypto is a risky investment, not investing in the future of money is a far bigger risk.

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Tony "The Bull" Severino
Tony "The Bull" Severino

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Read more

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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