Post
Topic
Board Speculation
Re: Your price expectations for 2021
by
coinbiz
on 21/01/2021, 17:25:01 UTC
I don't have a lot of faith in 2021, especially if $30k doesn't hold.  New US govt administration will not be friendly to crypto.  World economies are on the bring of collapse right now.

I think 2021 will be a bear year, and this run is a bull trap.  I anticipate regulations and at least one major exchange biting the dust - what if that was coinbase?  Not saying it will be, but what if.  I'm not hoping for a bear market, but I think the 'institutional' investment thing is BS given the shady Tether stuff going on.  And before anyone says "Tether is only 2% of BTC market cap"... look at the daily volume.  Tether has more volume than any other coin.  That's the biggest red flag.  Oh and also that tether.to is based on WordPress, what a joke.   

But why should institutional investment bring stability?  It may bring more volatility. 

Lots of interesting speculations in this thread hoping for $50k+ and I hope that happens, but I have my doubts.  I will keep hodling regardless.