BTC EVENTUALLY REACHING NEW HIGHS? WHEN WILL THAT BE?🤔😳
There are conversations in the atmosphere about BTC seeing all time highs again. It won’t happen right now (clearly), but it’ll happen!
Peter Brandt who is the CEO/Founder of trading firm Factor LLC, said on Monday on the First Mover program, “Bitcoin is dull and will probably be dull for the next year and a half, but it will eventually see all-time highs thereafter. We [will] just chop between ... let’s say $17,000 and $23,000. I think we will bottom here at some point in time, maybe early next year, but then I’m not looking for bitcoin really to become exciting again for another couple of years.”
Today, BTC came in at $19,268 - it has stayed below $20K for the last couple of weeks but overall even though it has taken a beating from the highs of $68,900 one year ago to the $19K that it is today, it has still rallied and kind of held its own much better than any other coin.
Peter Brandt is predicting that it would take around 32 months or so before BTC reaches a new all-time high, and until then he expects it to possibly bottom out at around $13K. Welp! For a coin that was less than $1K six years ago to where it is right now, in my opinion, we’re still doing good!
Of course, some people have jumped out of the crypto market, pulled their coins out, and called it a day, but then there are others that are still in wait mode, knowing that this season won’t last forever. It’s almost like the wilderness seasons we sometimes go through in our spiritual lives.
I’m talking about those times when our prayers don’t seem like they’re being answered, our relationship with God seems stagnant, and we feel like we’re all alone and no one cares. What do we do in those times? We continue to hold on and trust God. We don’t go by what we feel or what we think - we keep on believing what God has said in His Word, and even though our situations don’t yet line up with what the Word says, we know on the inside that we’re still in Christ, His Word is true, and He is not a man that He should lie to us!
So this is my encouragement to keep the faith and let’s continue trusting God because we know that we have already won!🙏🏿🤎
Copyright ©2022 Sherma Jacqueline Felix, BLACK ADVANTAGE Publishing™. The author shall neither be liable nor responsible for any loss or damage allegedly arising from any information or suggestions in this post.