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Bitcoin Long-Term Cycles Offer Hopium…
When near-term BTC confusion prevails, sometimes it’s best to take a step back to see the bigger picture of where the market is and what possibilities the future holds.
According to Inmortal, a pseudonymous Twitter user, Bitcoin’s four-year cycle is currently about 65% through its bull-market phase and the trader predicts a top at $150,000, which will be followed by a correction to $32,000.
In other trending Crypto News today: Ethereum price can hit $14,000 if the March 2020 chart fractal holds.
Ethereum’s native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend’s striking similarity with the one from last year.
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
Show Notes / Resources:
https://cointelegraph.com/news/ethereum-price-can-hit-14k-if-the-march-2020-chart-fractal-holds
https://cointelegraph.com/news/paypal-set-to-launch-crypto-trading-in-the-uk-and-may-embrace-defi