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RE: Mike Novogratz - "Impossible for Bitcoin not to get to $10k this year"

in #bitcoin6 years ago (edited)

Bitcoin is probably a dead horse now...

I'd never count Bitcoin out in the long term. I think we will see new ATH's by the last quarter of 2019. The gains coming in the 2020's will be historic. I think that technically we will be out of the bear market by the end of next winter (Feb / Mar 2019) but trading might be sideways next summer, but it is definitely going back up well above 20K, it's only a matter of time.

I have reason to believe that the next parabolic FOMO will start summer 2020 and won't peak fully until early 2021. By then, bitcoin prices could easily be above 100K.

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