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RE: Slowly at first, and then all at once... Research points to a Billion people owning Bitcoin within 5 years

in LeoFinance3 years ago (edited)

@jrcornel In a previous post you said the price of Bitcoin is going to stay in a level between $44.000 and $55.000 in the next few weeks before resuming the uptrend. Why do you think that?

If this is the case, I guess we are going to see an alt-coin season.

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I think it will based on how long it often takes for price to consolidate. If you look at some of my previous posts that talk about how similar the current rally is to 2017, you can check that chart to get an idea how long these consolidation periods often last.