"Bitcoin could reach $500,000"

Jamie McKane

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"Bitcoin could reach $500,000"

Comments from Morgan Creek Capital Management hedge fund manager Mark Yusko that Bitcoin could reach $500,000 in six years are heartening battered crypto bulls. They may be better served taking a look at some underlying technicals in the meantime.

The Directional Movement Index, or DMI, shows the direction of a price trend by charting the divergence between positive and negative levels.

[Bloomberg]
 
"Bitcoin could reach $500,000"

I could also be woken up every morning by a blowjob from a selection of lingerie models, but it's not very likely, now is it?
 
Ah, time for the weekly tit-for-tat "Bitcoin could be $50 vs. Bitcoin could be $500 000".

STFU already. Nobody really knows, your guessing is pointless.
 
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