The price of Bitcoin continues to climb and now it has us wondering even more so about exactly how high this thing can go before coming back down to earth for a bit. In this video we take a look at whether or not a $50k Bitcoin is theoretically possible in the short-term, and what that mean for the asset class as a whole. While a $50k BTC may seem like a stretch, it is less than a 40% move from where we currently are located. No one knows how high we will go before coming back down for a bit, but at least we can speculate on where the price may be headed if this bullish momentum were to continue for a few more weeks. TA Video by Benjamin Cowen.
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