A Little-Known Altcoin Could Survive Crypto Winter (And Break Out After)
[Editor’s note: “A Little-Known Altcoin Could Survive Crypto Winter (And Break Out After) ” was previously published in October 2021 . It has since been updated to include the most relevant information available.] Back in October, I wrote to tell you that Bitcoin (CCC: BTC-USD ) was on the verge of a golden cross . And I thought it could vault BTC to $100,000 and beyond — and bring other crypto higher with it. Now, history bears this out: In late 2015, Bitcoin struck a golden cross right before surging from $200 to $20,000… In mid-2019, a golden cross prompted Bitcoin to jump from $3,000 to over $10,000 in just six months. Once again, in mid-2020, a golden cross formed on Bitcoin’s chart. And it sent BTC soaring from $10,000 to $60,000 in just eight months. Then, I talked about how rare it is for everything to go right (for the stars to align, so to speak). Until more recently, funding was at an all-time high. Indeed, blockchain companies hit a record $6.6 billion. Financial support was rapidly improving.
A Little-Known Altcoin Could Survive Crypto Winter (And Break Out After)
[Editor’s note: “A Little-Known Altcoin Could Survive Crypto Winter (And Break Out After) ” was previously published in October 2021 . It has since been updated to include the most relevant information available.] Back in October, I wrote to tell you that Bitcoin (CCC: BTC-USD ) was on the verge of a golden cross . And I thought it could vault BTC to $100,000 and beyond — and bring other crypto higher with it. Now, history bears this out: In late 2015, Bitcoin struck a golden cross right before surging from $200 to $20,000… In mid-2019, a golden cross prompted Bitcoin to jump from $3,000 to over $10,000 in just six months. Once again, in mid-2020, a golden cross formed on Bitcoin’s chart. And it sent BTC soaring from $10,000 to $60,000 in just eight months. Then, I talked about how rare it is for everything to go right (for the stars to align, so to speak). Until more recently, funding was at an all-time high. Indeed, blockchain companies hit a record $6.6 billion. Financial support was rapidly improving.