New_Creation_Capital

2021 #Bitcoin Outlook: Is 100K ATH Really Possible?

BNC:BLX   Bitcoin Liquid Index
This could be completely wrong however I write this with a smile on my face. If we are on in the correct wave cycle, then I believe the top of 100K is possible if all things play out like they have in the past. It is hard for me to forecast going past 100K; this is already 5x of the ATH which is very possible. There are obviously a lot of factors in play here: Stock Market, Economy, Depression, Health of the World, Banking System, US Regulations, etc.

But once I actually chart this out, 100K doesn't seem so crazy, it actually seems like I am low-balling the possible high of this bull market, maybe underestimating by a lot, or over-estimating the high.

But I do this to engage in a conversation with you all. So what are your thoughts?

- NCCM

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.