This is a view of BTC in a longer-term perspective. Bitcoin could see compression until 2021...when everyone gets super bored of it and volatility dies out. As the law goes, compressing volatility begets expanding volatility. Estimate target to about 24k and possible room for over performance. With the world leaning more in a Cryptocentric environment with the FEDS looking to make a Dollar backed coin, & a scramble for Dollars from heavily dollar-based borrowers worldwide, this might be the ULTIMATE hedge....along with GOLD
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