This is Bitcoin's 'non-greedy' target, assuming price doesn't keep climbing to infinity
Kevin Wadsworth of Northstar & Badcharts explains the upside potential for Bitcoin.
Speaking with David Lin, anchor for Kitco News, Wadsworth said that Bitcoin is currently in the third of its bull cycle, with each one resembling an “arc.”
“I suppose if you’re looking for a non-greedy target, you’re looking at somewhere between $90,00 to $100,000, that kind of allows you to start descending to the next bearish cycle,” he said.
For Wadsworth’s outlook on gold and silver prices, watch the video above. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV).By David Lin
For Kitco NewsFollow @davidlin_TV