I thought Cathie Wood's price target of $500,000 was high. The
idea is that institutions will allocate funds to bitcoin, say 1%
each, then it will grow and become 5%, etc. Hey, anything is
possible in this market. Valuation is out the window and has been
for years. Going to see another big drop at some point in the
markets, the question is when, could be today or months from now. I
always appreciate the information and charts you share.
I thought Cathie Wood's price
MSTR CEO and founder Michael Saylor finally gave his first ...
Posted by fundamentalvalues on 11th of Dec 2020 at 07:50 am
I thought Cathie Wood's price target of $500,000 was high. The idea is that institutions will allocate funds to bitcoin, say 1% each, then it will grow and become 5%, etc. Hey, anything is possible in this market. Valuation is out the window and has been for years. Going to see another big drop at some point in the markets, the question is when, could be today or months from now. I always appreciate the information and charts you share.
That being said, I will
Posted by fundamentalvalues on 11th of Dec 2020 at 07:50 am
That being said, I will continue to trade what is in front of me and let price be my guide. One day at a time.