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New day and futures are back in business after weekend.
Extremely bullish signal!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Bitcoin futures are currently at Level of 102.000 usd. This means, the market is in consensus of having the price of bitcoin reach over 100.000 and stay there in less than 4 months.
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Always look at market cap. XRP will never reach even 100$ without remarkable inflation. 100$ price per coin would lead market cap of 10 trillion. 5 times more than Bitcoin’s current market cap. Dont talk about 10000 usd. Price for Shiba Inu can never reach even 0.1 usd per coin, as it would make the market cap 58,9 trillion, 3 times the gold’s market cap. The S&P 500 Market Cap was this summer at level of 45.84 trillion, 500 of largest companies on US all combined. You think Shiba Inu could be 10x that? Wake up.
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Beginning of the week we saw some decline. Lets see how it will end. How is your portfolio & trades doing?
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Massive amount of liquidations waiting on the 100.00 area. Possible short squeeze coming, if the correction is about to end and price starts going up. If you are shorting, be aware!
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