This is what a friend sent to me this morning: "btc should break 10,000 anytime soon. If it closes below 10k, then it should head for 8k, and test 5k. If it closes below 5k, it should head towards $1800.Then it becomes a massive buying opportunity for institutional investors worlwide. At that point it would need to break $20,000 to the upside and reach $50k or more by year end. However, we should see short term rallies to the upside as it trends downwards. A critical buying area of fair value is around $8k. If it holds steady there, it may shape to the upside without testing lower levels. Start crypto buying through dollar cost averaging when btc breaks $10k. then create a diversified portfolio of crypto assets with a buy and hold for 3 to 5 years before exits. The scammers will soon be dead and the real cowboys with skin in the game are about to squash those mosquitos. Remember, according to the world economic forum, the blockchain economy is worth $8trillion by 2027."
ONYO: i am not a broker or official adviser and my writing is not an advice on how to work with forex or cryptocurrency. Anyone who invests on this needs to understand that this is a high risk market and environment and do it on his/her own. I am not liable for any investment based on what I wrote here.