AngloSverige Blog

Cryptocurrencies attain Asset class status, 2020

Sentiment in social media outlets has grown exceedingly bearish, which is the hallmark of the culmination of bear markets. Many have thrown in the towel, and perma-bears have renewed their calls for a target price of $0. Yet in the background of lost hope, frustration, and maybe even boredom, we have one of the best setups for bulls since the bear market began in early 2017, pointing us back up to the $6000 region in the coming months. And if the current bullish set-up takes shape, we can see a major break out in 2020. Moreover, the Fibonacci extension price targets, based upon log extensions, would point us to targets of at least $65,000,
MonMon OctOctOctOct 2018
08:55