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RE: 5k BTC Target Reached - Market Crashes Immediately Afterward
In my opinion BTC is on its way to 10K $, price that I expect the coin will hit by the end of the year. I don't know if we will see a major correction this month, or we will see BTC at 6K $. Anyways we must be ready, if price drops, to buy some "cheap" BTC. Nice work!
Thanks for your perspective. I basically agree that I am leaning that BTC will favor the upside in the coming months. 10k by next May I do not think is uncalled for in BTC price. The downside of holding cash right now, though, is minimal. I can rebuy BTC at 5k if I want to when it begins rallying again. I miss out on 10 or 20% increase, or something, and then I see huge gains afterward. I avoid a lot of risk and see almost as much gains.