"If the majority knew anything, they'd be the 1%". Yes a rather elitist, border line fascist quote I once overheard a rather small time financial guy laughingly say at what they call one of those "expat" infested bars in central Hong Kong. Anyone btw know the difference is between 'expats' and 'economic migrants' while we're on the topic? But to get back on point, I'm also pessimistic on the 60.000 prediction. Remember not so long ago, when people were predicting the Bitcoin price between 10.000 and 100.000 and it ended up hanging in the middle? I tend to learn from these past events and related predictions and "strong beliefs" people had prior to the climax😉

But that doesn't mean 100.000 is the only option, it still leaves us with the possibility that it in fact could end up being closer to 10.000 as well. Yes, not something we'd like to hear but I believe anything is possible and we can only benefit optimally by being realistic. So, I have traded a large portion of Alts to Bitcoin and taken about 10% of my Bitcoin out, waiting and looking at the signs whether it will take a major rise or dump. And if I'm late for the first initial pump that's alright, because I think that if it does pump, the 5% portion of JP Morgan clients will end up being right.