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Bitcoin and cryptos: Your 'long-term investment'?

Currencies / Bitcoin Jun 23, 2021 - 02:13 PM GMT

By: EWI

Currencies

Hi reader,

Bitcoin fell some 12% to start the week, and you may be wondering:

"Is this FINALLY my moment to buy?"

You're not alone. In early June, over 12,000 crypto fans visited Miami to take part in "Bitcoin 2021," the largest Bitcoin event in the world. Although it took place with Bitcoin trading near $30K, half of where it was in April, the enthusiasm for the King of Cryptos was palpable.


In fact, say our friends at Elliott Wave International in the excerpt you're about to read,

"The conviction gripping bitcoin's ascendancy is so deep that children are now being indoctrinated into the bullish fold." And,

"more than 60% of college students and recent grads see crypto as a long-term investment."

So, should you buy now, before Bitcoin doubles again?

Or sell now before it gets cut in half -- again? Or neither?

Before you do anything...

...FREE, read this excerpt from EWI's June Elliott Wave Financial Forecast ($49 value).

Free, read now: "The Bitcoin Crime Wave Hits"

Regards,

EWI

Who is Elliott Wave International?
EWI is the world's largest independent technical analysis firm. Founded by Robert Prechter in 1979, EWI helps investors and traders to catch market opportunities and avoid potential pitfalls before others even see them coming. Their unique perspective and high-quality analysis have been their calling card for nearly 40 years, featured in financial news outlets such as Fox Business, CNBC, Reuters, MarketWatch and Bloomberg.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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