Bitcoin is setting up for another major run above $100,000 . . . and the Bitcoin price could reach this record high by the end of 2021.
The short-term pullback may prove the best time – and last time – to buy before the next big move.
The Bitcoin price hit $65,000 in mid-April – coinciding with the IPO of Coinbase (NASDAQ: COIN).
In the following days the Bitcoin price dropped nearly 20% before rebounding to $55,000 today.
Crypto analysts view this pullback in the Bitcoin price as a positive development. That’s because it’s healthy to see pullbacks – even during a bull market.
The bullish Bitcoin trend remains intact.
Pantera Capital is a crypto-focused investment firm. One year ago, the company predicted that the Bitcoin price would hit $62,000 by April 2021. And that just happened . . .
Now they predict that Bitcoin will reach $115,000 by Aug. 1. That’s a 109% increase from the recent Bitcoin price!
So, what’s the best way to profit?
Frankly, I’ve owned Bitcoin and Ethereum for four years. Yet that’s not my favorite trade today . . .
Instead, it’s these cryptocurrency stocks that profit from the booming market.
The entire market value of all cryptos is now $2 trillion. And that number could increase by 10x to reach $20 trillion within a few years.
This could happen thanks to rising prices. Plus, new digital currencies are being launched as well.
Rising prices are a boom for crypto exchanges like Coinbase (NASDAQ: COIN). And that’s because these companies earn fees on trading activity.
Coinbase stock already went from $28 to over $300 within seven months. That’s a 971% return in the months BEFORE the IPO.
My research has uncovered two brand-new crypto exchanges. These companies are similar to Coinbase. And each has a distinct advantage (click here to find out).
Each of these stocks will go public in the next few months.
Yet before that happens . . .
YOU can claim a stake and buy these Pre-IPO shares.
Yours in Wealth,