By The Daily Hodl - 1 gore rapfuura - Nguva yekuverenga: maminitsi maviri
Crypto Hedge Fund Veteran Predicts Explosive Parabolic Move for Bitcoin – Here’s His Timeline
Morgan Creek Digital managing partner Mark Yusko thinks the bottom is already in for Bitcoin (BTC) uye inofanirwa kuitirwa rally hombe isingasviki gore.
Muhurukuro itsva neStansberry Research, Yusko inotsanangura host Matt McCall that after nearly ten months of frustration and financial loss, the crypto winter is finally over with Bitcoin ready to move in about half a year.
"Ini ndinofunga crypto spring yasvika. Tichiri nzira kubva ku crypto zhizha patinowana imwe parabolic inokwira kumusoro.
Asi izvo zvinouya pamwe mumwedzi mitanhatu kusvika mipfumbamwe. "
Iyo crypto hedge fund executive inotarisa mhiri kwekuchinja kwemitengo machati kusimbisa kukosha kwe blockchain sekumiririrwa neiyo yekutanga crypto asset.
"Bitcoin is a perfect store of value. It’s basically digital gold. Gold is the only money in the history of the world. Bitcoin is as good as gold. It’s equally scarce, yet it’s more divisible and more portable.”
Yusko goes on to explain why he’s not worried about the major losses Bitcoin has incurred since late in 2021, noting that he believes BTC already hit a cycle bottom at around $17,500 back in the middle of June.
Everything’s down since November because we had these massive liquidations of overleveraged speculation. When you get a margin call, you don’t get to sell what you want to sell. You’ve got to sell gold, bonds and Bitcoin.
Zvinhu izvo [kare] zvisina kudzika, zvino dzika. Saka ikozvino zvese zviri kudzika, kuwirirana kunokwira, asi icho chinhu chenguva pfupi. Ikozvino kuwirirana kuri kudzokera kumashure zvakare.
[Last] Friday was a good example: Markets were down, Bitcoin anga akamuka. Bitcoin’s up a lot since mid-June. That’s when I will say was the bottom, the $17,500 candle that day.
Isu takaita nhevedzano yekudzika kwakadzika uye yakakwirira kumusoro. "
Panguva yekunyora, Bitcoin inogona kutengeswa ye 24,029 US dhora.
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The post Crypto Hedge Fund Veteran Predicts Explosive Parabolic Move for Bitcoin – Here’s His Timeline yakatanga kutanga Zuva Nezuva.
Original source: Zuva Nezuva