nickminter

Bitcoin to 70K?????

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BITSTAMP:BTCUSD   Bitcoin
Just witnessed a massive green candle this morning and will continue to see the price discovery o this bull run. The chart looks bullish in the event that I think we will see 70k very soon. My prediction is we linger around the 65k range maybe going as low as $63,600 before we run back up to 70k. Once we break all-time highs who knows where we go in the next couple of weeks. As bullish as this sounds I think we hit $70,000 by next Monday. You can also look at on-chain metrics and follow the 2017 or 2013 cycle to get a clearer understanding of where we are at. Anyways hope you enjoy the gains because it doesn't look like it's stopping this week.

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