It makes sense to Long Bitcoin Now that Volatility is finally spiking. Remember, Bitcoin has been on a consistent downtrend in volatility for years now. So nothing will change given the amounts in which more institutions invest; Volaitly will have to continue to go down due to price transparency in the marketplace.
The opportunity I see here is to go long Bitcoin whenever volatility gets out of whack; people get scared, sure, but in reality, buying that volatility is betting that volatility 6-12 months from now will be much, much lower.
The last time this happened bitcoin went from 9000 to 61000. My price target is at 78000-96000 within the next 6-12 months.
Thanks for the time and good luck!
The opportunity I see here is to go long Bitcoin whenever volatility gets out of whack; people get scared, sure, but in reality, buying that volatility is betting that volatility 6-12 months from now will be much, much lower.
The last time this happened bitcoin went from 9000 to 61000. My price target is at 78000-96000 within the next 6-12 months.
Thanks for the time and good luck!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.