The crypto bulls are out in full force, and price predictions are back. Crypto trader Brian Kelly has consistently stuck up for bitcoin, even during the market downturn. Now BTC is returning the favor with today’s double-digit percentage rally. Kelly has taken his cue, telling CNBC that the $6,000 to $6,500 range is the new resistance and that’s exactly where the bitcoin price is headed: “Probably a reasonable target is close to $6,000 for this move.” Based on fundamentals, bitcoin could rise as high as the $6,500 to $6,800 range before there’s even a hint of it being overvalued in
The post Bitcoin Price: Brian Kelly Reveals Just How High This Rally Will Go appeared first on CCN
source https://www.ccn.com/bitcoin-price-brian-kelly-reveals-just-how-high-this-rally-will-go
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