DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Kevin Wadsworth of Northstar & Badcharts explains the upside potential for Bitcoin.
Speaking with David Lin, anchor for Kitco News, Wadsworth said that Bitcoin is currently in the third of its bull cycle, with each one resembling an “arc.”
0:00 – Bitcoin follows cyclical “arc” patterns
6:00 – Bitcoin has followed the Fibonacci Sequence
8:50 – Can Bitcoin keep climbing infinitely?
11:00 – Gold is in a cyclical uptrend
18:10 – Can gold climb to $3,000?
19:22 – Can silver touch $100?
22:44 – Weather forecasting techniques can be applied to technical analysis
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.