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Your big bets for 2019-2020?
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<blockquote data-quote="BURNΞR" data-source="post: 1272465" data-attributes="member: 11032"><p>I'm going to retract my statement that said BTC hitting 50-100k in 2020. There will be modest gains to be had (maybe it goes to 12-16k) but the data is telling me the cycles are getting longer and therefore we won't see a huge spike in price in 2020 like we saw in 2017. Unless there is a catalyst event like a Bitcoin ETF approval or Facebook's Libra I expect the price to not go beyond 16k for the entirety of 2020. Still not a bad bet to buy in if you can get in around the 200MA which is roughly $5500.</p></blockquote><p></p>
[QUOTE="BURNΞR, post: 1272465, member: 11032"] I'm going to retract my statement that said BTC hitting 50-100k in 2020. There will be modest gains to be had (maybe it goes to 12-16k) but the data is telling me the cycles are getting longer and therefore we won't see a huge spike in price in 2020 like we saw in 2017. Unless there is a catalyst event like a Bitcoin ETF approval or Facebook's Libra I expect the price to not go beyond 16k for the entirety of 2020. Still not a bad bet to buy in if you can get in around the 200MA which is roughly $5500. [/QUOTE]
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