Bitcoin's Future: $30k by 2021

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Cryptocurrency as an asset class is minuscule - a drop in the bucket. A $1T+ market cap would still be undervalued for crypto to have any meaningful impact as a store of value/currency.

The end goal for Bitcoin as an investment is a binary outcome. It goes to 0 or you 10x your investment. There is no in-between.

It's really that easy.

If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
Comment: Hedge here ~$13.5k.

Close ~35% lower.

Go away for vacation.

Wait for $30k.

Retire twice.
Comment: Start closing here: 9.8k -> $9.3k. I don't care if it's not the bottom.

= 27.5%+ BTC increase for every hedged BTC.

$30k by 2021 intact. Now vacation.
Comment: The bitcoin market recently wiped out a lot of people before the halving as a result of the COVID-19 panic tanking major global markets. This panic will fade with time. This major shakeout makes me even more bullish.

I stand by my analysis.


This is amazing. I agree with you, march 12 incident made me even more bullish
Comment removed.
Dianthus Dianthus
Also totally corelated with Stonks. World goes into the next round of burning but Btcoin will moon without massadoption...Come on guys take of those pink glasses
Just focusing EngineeringRobo!

Thoughts Angelo?
As always welcome back. Hedging at 13700 is goin to protect the retire plan from CME Futures ready for closing more than 120k contracts of the worth of 5 billion dollars
+6 Reply
I'm looking at 300k as well -
+1 Reply
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