Source: goingecko.com
Bitcoin's current price is above the line going through the ATH in Dec 2017 and the peaks of July 2019, February 2020 and May 2020.
Barring a black swan event like another severe stock market crash due to the pandemic, it seems that a confluence of factors such as US banks being authorized to hold cryptocurrency for their customers, a new stimulus package expected to be passed in the US Congress and the halving event starting to create scarcity is kicking in.
There will be ups and downs but I'm guessing BTC and the rest of the cryptocurrency market are done correcting after the previous all-time-high. I'm inclined to think this is the beginning of a new bull market. No more lower highs. I think it is possible or even likely that BTC will take out the previous $14,000 top in the next few months.
(This is not financial advice. Only you know your circumstances and determine your appetite for risk. Never invest more than you can afford to lose.)
Its a good time to be in crypto! Are you keeping tabs on any altcoins atm?
None in particular, except for Hive. It seems that the top 20 are going up in tandem with BTC, some even faster.
Yup and some under the rader projects are also performing well on our signal calls such as BAND, KAI and TOMO .
Interesting. What signal calls are you talking about?
We focus on undervalued projects, that have yet to achieve their price discovery. Our Signal Calls are focused on new projects with incredible fundamentals. We focus on projects that should, and will be in the top 50, some even in the top 10 given enough time.
Here are our gains/loss results for 04.11.20 -> 07.11.20
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