Top Analyst Credible Crypto Projects A Huge Rally For Bitcoin This Year
A leading crypto analyst known as Credible Crypto, has a bullish stance for Bitcoin (BTC) for the rest of the year, regardless of the recent performance.
Credible Crypto shared with his 336.4K Twitter followers he projects BTC hitting all-time highs (ATHs) in the next six months before the real bear market begins.
“Still expecting a new ATH and six-figure BTC by 2023 and believe we are likely back on our way down in 2024-2025 and in the depths of a bigger bear market than most have ever seen at that point.”
Still expecting a new ATH and six figure $BTC by 2023 and believe we are likely back on our way down in 2024-2025 and in the depths of a bigger bear market than most have ever seen at that point. Kudos to Kaleo if he is right and I am wrong- time will tell ? https://t.co/iULuaL1oc6
Based on Bitcoin’s current price of $21,302 and its all-time high of $69,000, the crypto expert is expecting a roughly 219% explosion within six months.
The analyst’s 2022 bull-run prediction is somewhat different with many in the space, including Kaleo’s forecast of a long bear trend that finally leads to rallies in late 2024 or 2025.
According to Credible Crypto, if the adoption of crypto technology is anything like that of the internet, then investors in the space are still early. He refers to an excerpt from a Wells Fargo report that compares crypto adoption to the rise of the internet.
“‘Internet use surged from 77 million in 1996 to 412 million in 2000. By 2010… internet use had grown to 1.98 billion, and today sits at 4.9 billion.’
‘The number of global cryptocurrency users reached 221 million in June 2021…’
You’re early… be patient.”
"Internet use surged from 77 million in 1996 to 412 million in 2000. By 2010…internet use had grown to 1.98 billion, and today sits at 4.9 billion."
"The number of global cryptocurrency users reached 221 million in June 2021…"
