Bitcoin by Christmas Prediction
Hope you all had a great weekend. I have been getting an overwhelming amount of messages about where The Shark sees Bitcoin by year end. Nearly 20 plus messages just today asking. So here is the short answer. Call me a Moon boy thats just fine.. The Shark has thick skin, rougher than sandpaper...and The Shark has a very thick wallet too. Everyone in this space is so bearish and I'm glad to share my longterm target while most people will just laugh. I see approximately a 3.5X on Bitcoin from here until the end of December. I have various ways of calculating this that supports this level. The fast answer is $127,000 by end of 2021. I do believe this full bull cycle could top between Dec. 2021-May 2022. This answer has changed since the last huge selloff. Prior to last sell off I felt we could be close to cycle top by end of summer 2021. However we now have a chance to go much much higher having gone thru this last complete wipe out of leverage. This reset is healthy and gives us a chance to reset and have an accumulation season before going much higher. It will be amazing to see how many people come back to this space calling crazy targets in August and September when it is easy to do so. The Shark smells the opportunities long before even when it's unpopular. Thanks for all your nice comments and support. I will try to answer some other questions I have been getting during the week. Keep stacking, Keep Swimming. The Shark is here for you.
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