In a series of tweets, famous cryptanalyst KALEO (@CryptoKaleo on Twitter) made big predictions. Particularly towards Bitcoin (BTC) and Ethereum (ETH) for the next few months.
Specifically, KALEO told his more than 321,000 followers on Twitter that he expected to see in the second half of 2021 that the price of Bitcoin surpasses $ 100,000. Also, the price of Ethereum above $ 10,000.
However, KALEO says that after the big rallies, the bears will take over the crypto markets.
Indeed, regarding 2022 – 2023, he said he expected major regulation against cryptocurrencies. In fact, the price of Bitcoin would fall below $ 50,000. And the price of Ethereum would fall below $ 1,000. Also, that other crypto assets could suffer large losses.
Then KALEO went on to say, “The point I’m making is that basically everyone will get tough eventually. If most of your capital remains in shit coins …».
In addition, he added: «It is all part of the game. Yes, some will survive and a good number will finish higher than where they are now».
Other predictions about Bitcoin and Ethereum
In this regard, the prediction of the price of Bitcoin and Ethereum, is currently a matter of high demand. Since the cryptocurrency market is very volatile.
But, following KALEO’s predictions, on the prices of Bitcoin (BTC) and Ethereum (ETH), we have the famous writer and investor Robert Kiyosaki, which predicted the biggest drop in the history of the world. Indicating that the price of Bitcoin would drop to $ 24,000 A dismal forecast!
«The biggest bubble in world history is getting bigger. The greatest collapse in world history is approaching. Buying more gold and more silver. Waiting for Bitcoin to drop to $ 24,000. The best time to get rich is blocked. take care of yourself».
Likewise, in addition to KALEO, the statistician Willy woo He also sees more downsides for Bitcoin: «My only downside risk concern is if we get a major correction in stocks that pushes the price of BTC lower.».
For its part, the analyst PlanB indicated that Bitcoin could trade at $ 450,000 by the end of 2021. While it would reach $ 135,000 in the worst case. Far from what KALEO indicates.
Likewise, Tyler and Cameron Winklevoss, the co-founders of the Gemini exchange and the family office Winklevoss Capital Management, predicted that the price of Ethereum could reach $ 40,000 in the long term. With a price target between $ 5,000 and $ 10,000 by the end of this year.
Overall, the outlook for Ethereum is extremely positive and it would not be at all surprising if June was the month in which it began its ascent to new highs.
Finally, KALEO advises its followers on social networks, stating: “Every chance you get to add more Bitcoin under $ 40,000 is a gift. Buy Bitcoin».
So what do you think of KALEO’s prediction? Let us know in the comment box.
I close with this expression from KALEO: «Bitcoin is not dead».