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Alex Mashinsky, CEO of crypto lending platform Celsius, says he’s standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range.
The Celsius CEO says that once BTC breaks a certain range not far above its current prices, the flagship crypto won’t be facing any tough resistances until new all-time highs. Mashinsky adds that he sees BTC flying up above $140,000 by the end of the year for a rally of 265% based on the current price of $38,300.
“I think we are also hitting some resistance here in the $40,000 to $45,000 levels, and there is not a lot of resistance above that, so I think we’re going to consolidate here and break to new highs. I still stand by my prediction that this year we’ll see anywhere between $140,000 and $160,000 per Bitcoin.”
In other trending Bitcoin News today: Crypto Analyst Predicts Massive Ethereum Breakout, Forecasts New Bitcoin All-Time High by November!
He also says that a “flippening,” or an overtaking of Bitcoin in terms of market cap, is in store for Ethereum.
“This consolidation will come to an end soon. The flippening is knocking the door.”
As for Bitcoin (BTC), the crypto trader also sees the leading cryptocurrency meteorically rising to a new all-time high of around $80,000 by November. According to Inmortal, Bitcoin’s daily chart looks very similar to its price action at the start of 2020 when BTC rallied from $7,000 to $10,000 in a few weeks.
???? Daily Letter: http://letter.cryptonewsalerts.net
???? Blog / Podcast: http://cryptonewsyes.com
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???? Spotify: http://spotify.cryptonewsalerts.net
???? iTunes: http://itunes.cryptonewsalerts.net
???? Twitter: https://twitter.com/CryptoNewsYes
???? Facebook: http://fb.cryptonewsalerts.net
???? Telegram: http://telegram.cryptonewsalerts.net
???? TikTok: http://tiktok.cryptonewsalerts.net
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3yoeoqJ
✔ Binance to Bring BTC Payments to Shopify: https://bit.ly/3yoNeAj
✔ Massive Ethereum Breakout Prediction: https://bit.ly/3ilcVfp
✔ $140K-$160K Year-End Bitcoin Prediction: https://bit.ly/3AaGHtu
???? DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#Bitcoin #BTC #BitcoinNews #cryptocurrency #crypto #hodl #celsius #celsiusnetwork #binance #gold #invest #altcoins #defi #ethereum #eth #prediction #2021 #forex #investing
???? Blockfi Bitcoin Rewards Credit Card: https://blockfi.mxuy67.net/c/2665494/1080104/10568
Alex Mashinsky, CEO of crypto lending platform Celsius, says he’s standing by his prediction of Bitcoin ending 2021 somewhere in the $140,000-$160,000 range.
The Celsius CEO says that once BTC breaks a certain range not far above its current prices, the flagship crypto won’t be facing any tough resistances until new all-time highs. Mashinsky adds that he sees BTC flying up above $140,000 by the end of the year for a rally of 265% based on the current price of $38,300.
“I think we are also hitting some resistance here in the $40,000 to $45,000 levels, and there is not a lot of resistance above that, so I think we’re going to consolidate here and break to new highs. I still stand by my prediction that this year we’ll see anywhere between $140,000 and $160,000 per Bitcoin.”
In other trending Bitcoin News today: Crypto Analyst Predicts Massive Ethereum Breakout, Forecasts New Bitcoin All-Time High by November!
He also says that a “flippening,” or an overtaking of Bitcoin in terms of market cap, is in store for Ethereum.
“This consolidation will come to an end soon. The flippening is knocking the door.”
As for Bitcoin (BTC), the crypto trader also sees the leading cryptocurrency meteorically rising to a new all-time high of around $80,000 by November. According to Inmortal, Bitcoin’s daily chart looks very similar to its price action at the start of 2020 when BTC rallied from $7,000 to $10,000 in a few weeks.
???? Daily Letter: http://letter.cryptonewsalerts.net
???? Blog / Podcast: http://cryptonewsyes.com
???? YouTube: http://cryptonewsalerts.net
???? Spotify: http://spotify.cryptonewsalerts.net
???? iTunes: http://itunes.cryptonewsalerts.net
???? Twitter: https://twitter.com/CryptoNewsYes
???? Facebook: http://fb.cryptonewsalerts.net
???? Telegram: http://telegram.cryptonewsalerts.net
???? TikTok: http://tiktok.cryptonewsalerts.net
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3yoeoqJ
✔ Binance to Bring BTC Payments to Shopify: https://bit.ly/3yoNeAj
✔ Massive Ethereum Breakout Prediction: https://bit.ly/3ilcVfp
✔ $140K-$160K Year-End Bitcoin Prediction: https://bit.ly/3AaGHtu
???? DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#Bitcoin #BTC #BitcoinNews #cryptocurrency #crypto #hodl #celsius #celsiusnetwork #binance #gold #invest #altcoins #defi #ethereum #eth #prediction #2021 #forex #investing
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