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RE: The cryptocurrency madness

in #vlog7 years ago

I think we are close to the bottom being in, if not already. I went ahead and loaded up my full positions the last 2 days. I think we just needed a scary correction before the next leg higher. It flushes out all the weak hands that bought too late

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I predict the bottom for Bitcoin is $6000 based on Metcalfe's law because that is the actual worth of it. I predict Ethereum is under valued. I predict ETH will reach $10,000+ this year so another 10x. Of course no one can predict when the next bull run will be, but the next bull run will be trillions of dollars coming into the crypto space.

It’s scary honestly , I think we are pretty low already . It’s going to take 2-3 months to even recover

Probably so, but I was expecting it to drop pretty far just because of the amazing advance we had

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