BTC @ 71,500 today 4824.
I agree Alb we may see <=80K in near future. After it held above low 50s I projected we could potentially see <=85-86k as an apex. After all the halving hype there will be a retreat toward a mild basil near 50K IMO. We could possibly see a retraction >=30%.
There are so few holders of btc at large quantities the price can and will fluctuate with great volatility as the large holders see fit.
*Another concern is even if the small holders hedge their bets with inverse ETFs such as (BITI), btc is traded 24-7 and BITI as well as most markets (In USA) are only open 8am--4pm. So just a few BTC holders can really alter the markets at night or weekend.
Good luck to all bit coiners/remember to take some profits or at least get your cost basis +3% out. Then let it ride if you desire as thou shalt see high volatility in coming month.
Just another investing tip from your Uncle Kung
Continued Success To All,
I agree Alb we may see <=80K in near future. After it held above low 50s I projected we could potentially see <=85-86k as an apex. After all the halving hype there will be a retreat toward a mild basil near 50K IMO. We could possibly see a retraction >=30%.
There are so few holders of btc at large quantities the price can and will fluctuate with great volatility as the large holders see fit.
*Another concern is even if the small holders hedge their bets with inverse ETFs such as (BITI), btc is traded 24-7 and BITI as well as most markets (In USA) are only open 8am--4pm. So just a few BTC holders can really alter the markets at night or weekend.
Good luck to all bit coiners/remember to take some profits or at least get your cost basis +3% out. Then let it ride if you desire as thou shalt see high volatility in coming month.
Just another investing tip from your Uncle Kung
Continued Success To All,