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Bitcoin Ready to Run

avatar of @brian.rrr
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@brian.rrr
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Hi Friends,

Bitcoin has been getting close to recent highs again, and the chart is looking good for another leg up:

The only question to me is where it will stop. I think all this consolidation is very healthy and there has been a lot of support during any dips. With new futures trading options being offered, potential ETFs being launched, crypto exposure being allowed for by investments funds, brokerage houses allowing customers to get exposure, etc, I think we are about to see another pop.

I like the headlines that I am seeing - naysayers saying they were wrong about bitcoin, investment banks changing their tune, etc, as opposed to Mt. Gox type frauds, rat poison, etc - times have changed!

I think Ethereum will continue to do well with crypto adoption as well as other large cap coins. I think the alt coins are wild cards, but there will certainly be some opportunities for gains much larger than Bitcoin... you just gotta get the project and timing right!

So where do you think Bitcoin will run next before the next consolidation? $75k?

Thanks for coming by, Brian

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