RE: "New" $50k Price Target
You are viewing a single comment's thread:
In about a month, you will either be a hero...or a zero.
We will see if the pattern recognition plays out here. I did add a bit on Friday so I am a bit better positioned.
$50K is quite a move but, as you point out, it is not without precedent. It happened before. Year end runs seem to be liked by BTC.
The question is whether it will pull alts with it if it does go on a tear like this.
As always, good analysis.
Posted Using LeoFinance Beta
0
0
0.000
I think there's a good chance that alts actually retreat back into BTC, fueling the beginning of the run, while an explosion would occur as we ascend into the $30k-$50k range. Although the big alts like Ethereum and Litecoin could easily outperform the entire time as they often do.