| We’ve talked a lot about the halving run in the past, it’s the period after the reward for mining one bitcoin is cut in half, and, the three times this has happened in the past, it has set off a HUGE run higher in the price of the asset.
We’re deep in the middle of that “after” period right now, but Bitcoin hasn’t gone on the explosive run many expected…
Unless that’s what we saw kick off on election night.
And, if it is, like Jeffry said, the sky is the limit. History indicates that 10x-20x from the 2022 low would be the target range.
As Jeffry says, that puts his target on Bitcoin between $157k to $320k.
Of course, there are no guarantees in trading. Bitcoin could go to zero tomorrow. I doubt it, but I want to be responsible and remind you of the risks.
With that said, if you’ve never paid a lick of attention to the crypto market, it might be a good time to start.
To your prosperity,
Stephen Ground
P.S.: I got to go LIVE with Geof Smith this afternoon to breakdown a unique trade he’s placing on an asset the government is buying up like hotcakes right now. Check out our briefing here! | | | | |
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