Bitcoin Price Will Likely Bottom at $3,000: Genesis Trading CEO
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bitcoin Price Will Likely Bottom at $3,000: Genesis Trading CEO
Genesis Trading CEO Michael Moro has predicted that bitcoin will bottom out at about $3,000 after a week that has seen the leading cryptocurrency fall as low as $4,035. Speaking to CNBC, Moro stated that he does not expect the $4,000 support level to hold out much longer as selling pressure from pre-2017 bitcoin investors
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It’s early Saturday morning, so don’t be surprised if by the time you read this, the world has significantly changed. As frankly, a war involving the U.S., North Korea, and potentially many others may well be imminent; so much so, that China “nearly started World War III” last night, by “accidentally” reporting North Korea had launched a nuclear missile.
Yes, just five months after his inauguration, Donald Trump is on the verge of starting his second war with a nation posing no threat to America. In this case, with a deadly, nuclear-armed nation run by a lunatic, which could easily involve northern-neighboring China – which has mobilized 150,000 troops to its North Korean border; southern neighboring South Korea, whose long-time feud with North Korea is as intense as that of North and South Vietnam; and fellow U.S. ally – and for now, “first world” nation – Japan. Hopefully, what appears imminent will not be; but for now, China believes war can “break out at any moment.” And given our “” recent record, I don’t have much confidence – particularly from someone acting so unprecedently un-presidential (seriously, you have to watch to believe it).
On that note, let’s face facts here. Neither I, nor likely anyone truly believed Donald Trump would “make America great again”; as per Friday’s , nothing about his history; or likely, his personal motivations; suggested such an outcome, particularly as America is “ground Zero” for the imminent implosion of history’s largest, most destructive fiat Ponzi scheme.
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