RE: Why Bitcoin Could Reach $23,000 Soon

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Why Bitcoin Could Reach $23,000 Soon

in bitcoin •  7 years ago 

I was hoping BTC would hold off for maybe another week, but truth be told it does seem like its time for a new BTC run.

I agree the BTC dominance will correct, moving in favour of BTC again, perhaps not up to 60%+ again, but I think 45-50% is fair to expect.

Also I agree that much of the alt coins appear to be bubbly as compared to BTC, which is surprising to say since We all used to be talking about BTC's "bubble" and now that is not the bubble anyone is talking about.

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It's a bubble within a bubble, which is indeed funny.

The situation is getting more and more chaotic by the day.