Vinny Lingham, co-founder of Civic said in a Tweet, “If bitcoin breaks $42k, it’s going to run to test $50k pretty quickly, If it doesn’t, then most likely we’re going to be stuck below $40k for a while, with some sideways consolidation [and] this may trigger a big run on altcoins. Keep an eye on ETH, FIL, SOL for major breakouts”.
If #Bitcoin breaks $42k, it’s going to run to test $50k pretty quickly. If it doesn’t, then most likely we’re going to be stuck below $40k for a while, with some sideways consolidation & this may trigger a big run on altcoins. Keep an eye on $ETH, $FIL, $SOL for major breakouts.
— Vinny Lingham (@VinnyLingham) January 14, 2021
To sum up, many investors are optimistic about the future of Bitcoin, even if the cryptocurrency’s very high volatility and highly secure structure can block them from accessing their own BTC account.
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