[Breaking News] Yes, $400 Billion In Market Cap For Cryptos (Video)

We have finally reached an important milestone for cryptos in this comeback from very low levels compared to the All Time High we had in January. Here is the daily market cap chart:

FireShot Capture 1305 - Global Charts I CoinMarketCap - https___coinmarketcap.com_charts_.png

Comment: Now that we have reached 400 Billion we do have 2 more targets coming up and they are 460 and 505 respectively since they are old peaks.

Im not sure when we will reach these levels, but if this momentum we have will keep going, it could happen real soon.

Happy trading!

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Do you think we will hit our all time high by the end of the year?

good question, but yeah, I certainly believe that, the demand will likely be enormous, with new people coming in, im not ruling out 100k Bitcoin before the end of the year

Tim Draper thinks $250k by 2022...I won't complain if either forecast come true. Those targets could be right on point. This space is so new, I don't think we know how to value Bitcoin or other tokens/coins yet, because valuation is usually discounted based on future cash flow. I think we are still just scratching the surface of blockchain in general. For all we know your and Tim's price target could be very conservative.

Do you think the crypto space will crash when the Markets crash within the 12-24 months? That's prevent me right now from putting more money into the Cryptos...at the moment.

NOTE: blue area is the DOW, candlestick is Bitcoin.

I think we have a global market participation of around 1-2% in cryptos, and most of these people have invested very little, so we are looking at a tsunami coming in this year and next year in my opinion. Yesterday I read that Bitcoin has risen 0.5% per day since its started so it could really skyrocket. Just imagine that there are around 40 million dollar millionaires in the world and there are only 17 million Bitcoins and most investors will never sell so just imagine the hysteria when all these millionaires wants a piece of the pie.

In terms of the stock market, I see cryptos as a safe haven when the old system dies, cryptos will replace the fiat system. It wont likely happen overnight, but if we will get a financial crisis, this shift could happen much faster since we now have a new system up and running.

However, tokens might get in trouble but I think major pure cryptos such as BTC, BCH, LTC, Dash, XMR will be the winners

Appreciate the feedback.

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