L0GIC

BTC at 70k by 2020/2021

L0GIC Updated   
BNC:BLX   Bitcoin Liquid Index
As many experts said i expect BTC ETF to be denied by now, it will probably be approved in 2019, maybe by March and so the next bullrun will start too.
But i dont expect BTC to fall under 6k even if technically it could go to 4.6k
Comment:
Hopefully the ride gave nice profits to everyone, the people who expected a parabolic run like 2017 are delusional and probably should be aware that the market matured with thousands of new players ready to drain your money.
Maybe we’ll have a little run in April but not before filling CME gaps at lower price and be aware that winter will bring flus, sickness and of course the Covid tragedy to the table which by consequence force most markets to drop.
Comment:
Btc reached the 70k as expected.

Fools keep dreaming on 150k btc but we know it won’t happen until 2023/2024.

Price will probably touch the 20k.

Let it bleed, we make money up and down while pigs get slaughtered.
Comment:
Price reached the bottom as banks continue to collapse around the world.

Probable new bull cycle is about to start.

Price Target around 140k to 300k until end 2025
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.