Bitcoin's Market Cycle Peak is a Lot Closer Than You Think

Written by MarkHelfman | Published 2021/03/10
Tech Story Tags: bitcoin-price | btc | cryptocurrency-investment | money-management | market-cycle-peak | bitcoin-market-cycle-peak | bitcoin-spotlight | hackernoon-top-story | web-monetization

TLDR Bitcoin's price has cooled off for the past two weeks, but it remains on course to reach $100,000 by May 2021. It's realistic to expect bitcoin's price will go up for another month or two, hit its market cycle peak, then drop significantly. It’s also realistic to. expect a pretty major crash now, or at least a few months of consolidation while the market settles down. The price of bitcoin has kept pace with bitcoin as altcoins both fell.via the TL;DR App

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Written by MarkHelfman | Editor, Crypto is Easy newsletter. #1 writer, Medium. Bitcoin author, analyst, commentator.
Published by HackerNoon on 2021/03/10