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Tesla 2021. Businessmen predicted a multiple rise in the price of bitcoin

Posted by tatana Tatiana Yarushina on November 25, 2020 - 5:50pm


Tesla 2021. Businessmen predicted a multiple rise in the price of bitcoin

In 2021, Bitcoin will rise in price to $ 74 thousand, the founder of TradingAnalysis, Todd Gordon, is sure. In a conversation with CNBC, he explained such a prediction with the Elliott Wave Theory, which is a "great way" to analyze a cryptocurrency chart.

The first wave in Gordon's analysis corresponds to a 658% rally in Bitcoin in 2014, while the cryptocurrency may now be in the fifth wave. The trader stressed that in a negative scenario, the price of the asset could rise to $ 34,000.

“My goal is $ 74k. Elliott Wave works well with Fibonacci ratios,” Gordon said.

https://markethive.com/tatana/page/tatana

 

Corneliu Boghian Thanks for sharing.
December 2, 2020 at 8:51pm
tatana Tatiana Yarushina thahks Наташа
November 28, 2020 at 3:02pm
tatana Tatiana Yarushina Thanks Bill.
November 26, 2020 at 4:19pm
Bill Rippel That would be fantastic to so many people.
November 25, 2020 at 11:22pm
M H What a pity I have no extra money to invest :-((
November 25, 2020 at 6:48pm
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