Former Goldman Sachs analyst Murad Makhmudov believes that the price of bitcoin will reach $ 100,000. In a recent tweet, Makhmudov, who now works at the Adaptive Capital cryptocurrency fund, wrote:
“At first glance it seems that we are waiting for weak jerks until the next week or so, but my intuition suggests that there is a steady accumulation at these levels. Do not try to outsmart someone on short time frames, zoom out and think wider. In my opinion, BTC will cost $ 100,000. "
At first glance this looks like a weak chop for the next week or so, but my intuition tells me there is steady accumulation happening at these levels.
Don't try to outsmart yourself on short timeframes, zoom out & think big. In my view, BTC is going to $ 100K per orangecoin. pic.twitter.com/uccAgZdcXo
– Murad Mahmudov ? (@MustStopMurad) August 12, 2019
Makhmudov analyzed the key support levels of Bitcoin, noting that now the price on the daily chart is isolated at around $ 10,600 as a key support level. He said that he would “patiently and leisurely buy on every key support” (with the proviso that his words should not be taken as investment advice).
Earlier, the well-known tech analyst Peter Brandt and Morgan Creek Digital Assets founder Anthony Pompliano already predicted a price of $ 100,000 for bitcoin. Pompliano believes that lower interest rates and the resumption of the policy of quantitative easing by central banks will become “rocket fuel” for the price of bitcoin.
Publication date 08/14/2019
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