623: POPULAR ANALYST UNVEILS YEAR-END TARGET FOR BITCOIN, SAYS HE’S SELLING ONCE BTC HITS THIS LEVEL!!
A popular crypto trader and analyst says he plans to scale out of Bitcoin once BTC hits a certain level.
Kaleo, a trader who has amassed a large following in the current market cycle, tells his 329,900 Twitter followers that Bitcoin will likely surge more than 520% from its current value of $34,658 by the end of the year.
“Still think it tops out w/ a nice wick around $185,000 – $215,000, but my goal isn’t to snipe the top.”
Amid his mega bullish outlook for the leading cryptocurrency, Kaleo says he will start selling once Bitcoin breaks below his price target.
“Basically, my game plan is to be uber bullish until Bitcoin breaks above $150,000. I’ll start exiting there and flip uber bearish when it breaks back below $150,000.”
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