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RE: Was $42,000 the Peak for Bitcoin? Crypto Bull Market Over?

in LeoFinance4 months ago (edited)

I think the problem in assuming that $42k isn't the top are the buyers.
Never before have the buyers of Bitcoin been such strong hands.
It makes sense that they wouldn't FOMO at the top and spike it.

Certainly the 2021 Mega-bubble isn't over... but I think the Q1 bubble very well may could be.
Quite frankly, I'm expecting a crash to $20k in March before we can ascend x10 over the next 3-5 quarters.
At the same time, don't be surprised if we see FOMO trading right after Biden takes office.

$50k def still on the table in the short term.