In a series of tweets, the pseudonymous trader and analyst known as Kaleo exposes gargantuan predictions for BTC and ETH in the coming months.
Among other things, Kaleo predicts that before 2022, Bitcoin breaks $ 100,000 and Ethereum crosses $ 10,000, while altcoins rally heavily.
My forecasts for the second half of 2021:
– $ BTC enters 6-figure price discovery
– $ ETH breakages above $ 10,000
– We see another major alt season
– More institutional / government adoption
– More institutional / government FUD
– Encrypt a girlfriend
– Bears remain bearish
– KALEO (@CryptoKaleo) June 17, 2021
However, Kaleo says that after the big rallies the bears will take over the crypto markets. According to Kaleo, Bitcoin will experience a massive collapse. In the case of Ethereum, the trader predicted a crash well above 90%.
“My forecasts for 2022/2023:
– BTC drops back to ~ $ 50K
– ETH drops back below $ 1,000
– The Alts die again
– Bears that were bearish all along from here to the top claim infinite weight
– Major regulation comes against crypto. People are calling Bitcoin dead again (it’s not) “
Kaleo says that at the end of the bull run, most altcoins will be collapse and destroy the traders who are too heavily invested in it.
“The point I mean with altcoins is that eventually everyone will become robust if the majority of your capital stays in sh * tcoins. It is that simple. Lots of money to be made up. More to lose on the way down. It’s all part of the game.
Yes, a few will survive and quite a few will end up being higher than they are currently in 2024/2025, but in order for you to see it you will have to be one of those people who forgot your worthless bag that you kept. an exchange that you gave up a long time ago and one day rediscovered that it is actually not worthless.
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Image en vedette : Shutterstock/Ellerslie