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This is Bitcoin's 'non-greedy' target, assuming price doesn't keep climbing to infinity

Kitco News

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 (

By David Lin

For Kitco News

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.