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1956: If 2020 Cycle Repeats Bitcoin Will Drop to $60K Before Rising 10x to $600K
Manage episode 475717636 series 2835096
"5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in the rebound from the crisis as we printed money. If Bitcoin now falls 45% from the top and then goes up 10x in a similar timeframe that would be a $600,000 Bitcoin in late 2026." - Luke Broyles
Learn more about your ad choices. Visit megaphone.fm/adchoices
1424 episodes
1956: If 2020 Cycle Repeats Bitcoin Will Drop to $60K Before Rising 10x to $600K
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
Manage episode 475717636 series 2835096
"5 years ago we had a stock market crisis in 2020. Bitcoin fell 40% in one day and 65% total. The S&P 500 fell 9.5% on that same day. Bitcoin bottomed at $4,000 then went up by 17x in the rebound from the crisis as we printed money. If Bitcoin now falls 45% from the top and then goes up 10x in a similar timeframe that would be a $600,000 Bitcoin in late 2026." - Luke Broyles
Learn more about your ad choices. Visit megaphone.fm/adchoices
1424 episodes
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