Why 200k Bitcoin and 30k Ethereum Price Prediction Will Come True.
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Bitcoin Will Go 200K, Ethereum Will Be 20 or 30K – Nimrod Lehavi
In this video, Nimrod Lehavi predicts that Bitcoin and Ethereum will bounce back soon and surge beyond expectations. He also advises investors to buy and hold digital assets as much as they can.
What follows is the summary of the discussion:
What’s happening in the Bitcoin and crypto market is just a cycle. It’s like winter and summer cycles which have also happened repeatedly since the inception of the digital asset. Bitcoin is going to rise again, so you should hold whatever you have. Never panic nor sell. When the next cycle comes, you’ll harvest everything you worked hard for. You can never have enough of Bitcoin. You should always want more.
In the previous cycle, investors were struggling with a bear market in 2016. Then, the market started to pick up like crazy. When the market jumped off a cliff in February 2018, everybody was shocked. Later on, some investors knew what to focus on in the bull market and what they should leave for later. So, the cycle is predictable.
People were not surprised that there would be a correction, but they were surprised that Bitcoin could fall from above $60K to as low as $30K. But others still look at as low as $20K bottom. By the way, the correction will be temporary because the previous time, Bitcoin fell from $19,700 to $3,500 while now, it fell from $68,000 to $30,000. But the next cycle will be more aggressive of the uptrend, with more institutions entering the industry.
10 years ago, those in the know predicted that Bitcoin would be more popular. Now, it is becoming a reality. So, in 20 years, it may be in the mainstream. Banks and governments are dragging the fincnacial world slowly.
Ethereum can go as high as $20k or even $30k, while Bitcoin can rise to as high as $20k. If Ethereum 2.0 works, it may steal the crown from Bitcoin. Ethereum has DeFi that is deep in multiple projects. DeFi is amazing and fun. It’s been on for logical research which can trickle down to scenarios useful for everyday tasks.
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Bitcoin Will Go $200K, Ethereum Will Be $20-30K | Nimrod Lehavi, Simplex
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