Bitcoin Could Hit $100K In The Next Move
The crypto bear market has many investors licking their wounds and crying tears of loss, but that can be the sign of a bottom. I propose that we are in a "double bubble" like 2013 and 2014.
In 2013 the Bitcoin price ran from$2 to $260, then punished investors relentlessly for a period of 6 months. The price of BTC then surged again from the $70 area to a high of $1250 in a second bubble move.
Could this same pattern be on the horizon as institutional investors gear up to enter this budding market?
Japan is planning for a big boom in the crypto markets, as they believe the "lost decade " could be nearing an end. The technological nation is booming with blockchain.
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