Bitcoin is it bottoms up for you yet? Everyone’s guessing and using old charts to see where you are going? Bitcoin stuck in the 60K, is it going to drop down to the 50k’s? It could but, it seems to be quite comfortable in the 60K level. Who knows where its going, but it’s more likely to continue to go up.
It’s very unlikely that CBDC’s (Central Bank’s Digital Currencies) are going to become known and popular with the people unless cryptocurrency becomes more popular such as another huge jump in Bitcoin. So much currency flow is and has been used to make sure Bitcoin does well.
What is your thought and/or guess estimates wise for Bitcoin’s price next year? My guess is next year it will be at or above $100,000. Just remember USA is in stagflation and could very well go into a hyperinflation situation. So, $100k could just be from hyperinflation for that year due to all the USA government printing and sending the money overseas for who knows what.
Good luck to everyone! I recommend you diversify the best you can.
(I am not a financial advisor seek help from the professionals. My writing here is from a stand point of sharing information and entertaining others for fun.)
The CryptoHunny (writer and news media newbie)
