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Popular pseudonymous analyst Crypto Kaleo is predicting that Bitcoin and the stock market will go parabolic together before crashing in a blow-off top.
Kaleo says that rather than trying to call all of the minute BTC price action, he has his eye on a longer-term prediction that places Bitcoin up to 330% higher than current prices in a matter of months.
“I’m not sitting there stressing about every micro movement, I’m looking more zooming out for the macro price targets, and I still think BTC within the next six months, could go to $150,000 – $250,000.”
In other trending Bitcoin News today: Veteran Trader Tone Vays Says $100,000 BTC by End of Year Unlikely – Here’s His New Forecast!
Vays tells his 116,000 YouTube subscribers that while Bitcoin is unlikely to rise above a price of $100,000 in 2021, the target could be hit during the first three months of 2022.
“And while I still like for Bitcoin to break a $100,000 area by the end of the year, at the moment that is looking unlikely. But Q1 2022 is perfectly reasonable for that break of the $100,000 mark.”
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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://news.bitcoin.com/imf-warns-el-salvador-against-using-bitcoin-as-legal-tender-bitcoin-city/
https://cointelegraph.com/news/bitcoin-sees-fresh-split-second-spikes-as-analysts-say-almost-time-for-btc-uptick
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