Bitcoin To Make A Run Back Up To 10K, Soon. By Gregory Mannarino
It appears to me both Technically and Fundamentally speaking, that Bitcoin is about to make a run back up to 10K (USD) in the short run.
You my recall that I wrote several articles in the past pertaining to the price action of Bitcoin, all of which proved to play out exactly as I explained. With that said, I can say with a relatively high degree of certainty that my newest short term price target will be achieved.
Gregory Mannarino, "The Robin Hood Of Wall Street."
Link to a 24/7 LIVE chart of Bitcoin (right on my website). Click here: https://www.traderschoice.net/
it can easily go to 4k as well
Awesome! That should be good for steem. :)
Thanks again, Gregory, for your work and keeping us informed. Upvoted, Resteemed. Gregory Mannarino's name is coming up a lot on other webcasts and videos such as USAWatchDog.com and others. A lot of chatter about the significance of the Bond Market.
I have heard recent talk of Bitcoin going to a hundred thousand $ and even a Million $. That would make .01 Bitcoin significant. Litecoin, Ethereum, and other Cryptos would be onboard, too.
Have you finally abandoned your crypto leading equities correlation?
Every week the probability of devastation grows higher, regardless of the short term manipulations or the crypto price.
Debt is debt, when the interest grows faster than the money creation the lava bubbles higher & higher. Eventually the great derivative volcano will cover our plane with a thick layer of ash, choking much life away with it.
Life will emerge from the ashes as it always has & a more efficient natural system will dominate for a time until the process starts again.
It is a strange thing to watch this unfold in real time slow motion. Much much more entertaining & interesting than watching grown men in spandex chase little balls around or celebrity dating gossip or feminism or racism or gun control. Or any other agenda pushed by the mainstream media to distract & divide the populace so as not to see the obvious mathematical inevitability right around the corner.
Fear is the most easily & commonly used tactic to control the mind. Be prepared & have good intentions so you can live life without fear like a free human.
Abandoned? No. I was and have been 100% correct in my assertion which has been backed up by at least 2 Wall Street banks. The recent move higher in Bitcoin/crypto is based on many factors outside the realm of correlation. The current overall market cycle is non sustainable IMO and therefore a run higher in crypto in this environment reflects that.
Is there anything special about certain price levels of bitcoin? I remember you sold early before it completed the spike and then ended up crashing down below where you sold at. I assume you could just tell it was in a bit of a bubble phase at the time.
My favorite market report videos focus on good realistic logical non personal content 👍
Keep up the good work 🗽
please sir see my introducing post.
I appreciate that you shared it here.
How soon do you expect it to happen?
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Informative post
So great. Thanks for this informative post
I agree that Bitcoin will hit 10,000 in the near future. Lightning Network alone means btc will come back into favour with many merchants due to lower fees and faster processing time.
According to Tom Lee, former chief equities analyst for JP Morgan, big money is going to come into the crypto markets this year pushing its price up to $25,000 by years end.
More and more cryptos are being adopted for real world uses which will propel the overall market higher this year. Many scoff at Verge's partnership with PornHub but the adult entertainment industry has been at the forefront of internet innovation and is still one of the most popular uses of the Internet.
Some of the Trump tax cut money may find its way into crypto this year which would also be another driver of price.
Bitcoin to 10k? I hope it goes higher than that, but I guess this is only a short term target then?