This is a chart from a few weeks ago (it was included in my January 27 post):The bitcoin chart from January 27 Credit: ADVFNNow the crypto believers think bitcoin will keep going to 1c a satoshi or $1 million a bitcoin. The bitcoin chart showing a move to $100,000 Credit: ADVFNThis chart looks totally credible to me, but I just can’t get BTC $100,000 to work in my head. Yet it is terra incognito, but as far as I’m concerned bitcoin has met all my wildest predictions for the near term. It is set to keep ascending for a long time yet, so you must be very brave indeed to want to fight nose-bleed stocks and crypto prices. As long as the “Fed go Brrrrr” as the young’uns say, I’m holding.
Source: Forbes February 22, 2021 15:00 UTC