Bitcoin
Will Definitely Rise to $150,000 After It
While everyone lives with the thought of rapid growth, I am set for a
strong fall. Bitcoin at the current stage cannot stand at the mark, for
example, $150,000. Many expect such a rise from it but not me. And here is why.
In order for bitcoin to grow you need a driver. The economy should show
a positive trend, unemployment should fall from month to month and the general
well-being of people will certainly grow.
Funds, large investment companies that are supposedly ready to buy
bitcoin, are just getting ready.
Let's imagine Fidelity, BlackRock and the top 5 big investors still
decide to buy. After it rises by 200-300%, companies will be required to take
part of the profits - this is the law of the market. Attention to the question:
to whom to sell BTC at $100,000? Are you ready to buy it at this price?
In this context I don’t yet see any good reasons why the crypto industry
could show a bull run.
On the contrary, it may happen that the FUD around Binance, Tether will
gain new strength and the market will fall even lower on this wave. When there
is real fear and panic, only then will it be possible to say that we are ready
to go upstairs.
In the meantime my mood is best conveyed by this guy
#BTC #Bitcoin #FUD #Crypto #Blockchain
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