Can Bitcoin, Gold Price Rallies Last? ‘Better Enjoy It While You Can’ Says Chris Vermeulen
When something goes straight up, it usually comes straight back down said Chris Vermeulen, chief market strategist at The Technical Traders, referring to bitcoin’s recent parabolic move upwards.
Gold sees upside to the $2,400 an ounce level in 2021 but faces risks of a possible stock market correction that could drag the metal down.
0:00 – 2021 market outlook
3:00 – “A very volatile year”
5:48 – Trigger for a stock market crash
6:50 – Outperforming sectors
8:15 – Gold
13:48 – Gold miners
14:36 – Bitcoin
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Thanks David! Thanks Chris!
Will bitcoin crash this year?
Of course but it will also be much higher. That’s BTC.
@Bro Z do you recommend buying bitcoin at this prices or wait for it to crash
@AudiRs7 Long term BTC is going up . Look up the stock to flow model. There will be corrections but as long as your holding for at least 1 year, youre going to be fine
Haha, bitcoin is going up while gold bugs are on the sideline eating glue
Had good run yesterday. Bitcoin bugs and gold bugs will laugh together my friend, the stock bugs will suffer coming years.
bitcoin wont last …its just a matter of time before it implodes. Gold will always last and that has been proved over thousands of year. Trade your bitcoin and buy the real deal while u still can.
Gold isn’t going up, the dollar is going down.
Life has taught me many things. Among them: “Never” has a way of happening, and “Always” is not a sure thing.
Wisdom comes with experience.
You guys are lost!!
Bull season not long started you think it’s over that quick? I think we will see 100k bitcoin before a massive 40-65% correction.. buy the dips will obviously happen but most likely 5-20% correction overall trend is going up
Dear Lord, BTC is only gaining momentum, open your eyes!
Thanks for not making this a silo or echo chamber. Good info and well done.
Bitcoin not God’s money