Bitcoin heading for a major breakout soon according to CNBC

Bitcoin heading for a major breakout soon according to CNBC

By Ephesians | Mike's Coin Blog | 3 May 2020


A huge Bitcoin price breakout should be coming soon taking into consideration the halving event of May 11 according to Brian Kelly of the CNBC.

He told to expect quantitative hardening by BTC while we are in a situation of quantitative easing. He mentioned to expect BTC to be more scarce than gold or fiat based on limited availability.

Brian also told that investors should wait between 30 and 60 days after the halving for any major breakout. This because miners will be selling off a portion of their holdings prior to the halving event.

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Ephesians
Ephesians

For goodness or lead?


Mike's Coin Blog
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