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Will Bitcoin hit 100k-300k and Ethereum will hit 10k-18k -HindiDear all, This vide is recorded in Hindi. But you can understand it by following post. We are going through a short term bear trend in crypto. We still believe that it can be a short term bear trend as per past trend. If we compare current trend to mid 2017 trend, than we understand the btc more looks like mid of 2017 and still a big jump is due by end of 2021-22. in 2017 after breaking 2014 all time high i.e. $1170 in April, bitcoin price jumped near $2900 by June 2017 and than it gave a good correction of near 35% in July. Same correction we saw in sep 2017 when btc dropped from $5000 to $2800 but after that btc price jumped to $19500 by Dec 2017. In 2021, BTC move is showing same trend, btc broke its all time high ie $19500 in Dec 2020 and jumped to $64000 before current correction of 53%. This correction more looks like mid of 2017 correction and it look like that btc will hit 100k-300k by by 2021-22 Same pattern we can see in Ethereum and in June/July 2017 eth also corrected 66% from $400 to $135 before hitting $1400 in jan 2018. Same pattern we can see now when eth showing correction of 60% and price drop $4300 to $1700 similar to mid 2017 pattern. If eth too follow 2017 trend than we can see wth price near $10000 to $18000 by 2022. You can check our yesterday video "Bitcoin long term view" in which we analyses bear factor and mention that below $29000 will be bad for BTC and crypto market. Plz like, share and comment your view on this video.
BITSTAMP:ETHUSDLong
by NileshVerma