BTC longer term outlook still BULLISH despite current pullback
Folks have been asking about my view on BTC for the coming months.
We are still in the early innings of a generational bull market for inflation.
This is bullish for risk assets including BTC.
I see 80k-90k as possible in the coming 6 months (maybe after a bit more consolidation). And of course if it get's a head of steam then the BIG ROUND NUMBER will be a magnet (100k).
And for the record I am NOT a big fan of BTC. It is simply a risk asset like many others that are going to rise on the back of two decades of central bank QE/ZIRP criminality.
We are still in the early innings of a generational bull market for inflation.
This is bullish for risk assets including BTC.
I see 80k-90k as possible in the coming 6 months (maybe after a bit more consolidation). And of course if it get's a head of steam then the BIG ROUND NUMBER will be a magnet (100k).
And for the record I am NOT a big fan of BTC. It is simply a risk asset like many others that are going to rise on the back of two decades of central bank QE/ZIRP criminality.
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