Bitcoin at $62K ‘great buy’ before next surge, says fund manager

in #crypto4 years ago

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“Opinion: Price should close above old ‘ceiling’ of ~$61,250, then surge higher. Great opportunity to buy before next leg higher.”

Interesting article about where Vailshire Capital Management CEO Jeff Ross thinks the price of bitcoin is going from here. Like a lot of people out there I've made a couple bucks in crypto and am wondering if/when I should take some money off the table. Yes, bitcoin is money, but like gold it can fall compared to other things in the short term. My goal now is to make more money from interest to offset any fall in crypto prices....

Read the full story here...
https://cointelegraph.com/news/bitcoin-at-62k-great-buy-before-next-surge-says-fund-manager

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The so called crypto stocks like RIOT are not really reflecting a move much higher, they're going the wrong way.....

Small amount of green in them today, so far at least.......

Yeah, forget the green comment :(

I think they are selling the RIOT's of the world to buy Coinbase, I'm not sure it's a reflection on the future price of bitcoin.