In the last few weeks, I have been watching closely as Bitcoin decided to "take off" in price.
It's called a "bull run" as everyone involved in crypto knows, that forces many sceptics to rethink their portfolios.
I for one, don't think it will last as long as some do, but it will beat all time highs. That much is for sure. Some suggesting around $100,000 per BTC.
I don't have a crystal ball, so I won't pretend that I have some inside info. But I do see something interesting, and it has to do with Dogecoin.
Seeing Dogecoin at .oo39 is pretty amazing, which means, for the next 6 months, (I'm guessing here, folks) BTC Cash will be heading MUCH higher as well.
Normally, Bitcoin price jumps, and alts dip. But, we are now seeing, (being the second month since the start of the "run"), it's time for alts to shine.
BTC Cash WILL rise in price, and it too should see all time highs. How high? We shall see. Some "experts" say this altcoin run should last until October of next year. That may be true, but I believe it will start to dip again in September, and then flatline.
We need to remember too, that the collapse of the US dollar should push more and more investors into crypto. Where will they go? Since BTCCASH is faster than BTC, many will turn their sights to the cheaper coin.
Others will see DASH as a better alternative. But don't worry, Cash lovers, your coin will rise, and be held as a faster and cheaper backup.
I see fiat as a dumpster fire ready to be doused with gasoline. So turning to BTC Cash WILL be perfect for a portfolio devoid of crypto.
Looking at $1000 BTC Cash, may not be a joke. We can hope...
Thanks for reading, and remember, I don't know what I'm talking about, so this post was my hopes and dreams...lol
Have a good one!
CodyMac50.
