Kaleo, a popular crypto analyst and whale, says he plans to sell his Bitcoins once Bitcoin reaches a certain level. The famous whale makes important predictions.
Kaleo: Bitcoin will grow more than 520% by the end of the year
Famous whale Kaleo has gained a huge following in the current market cycle with his successful forecasts. Kaleo tells his 329,900 Twitter followers that Bitcoin will grow more than 520% from its current value by the end of the year. Kaleo adds the following to his explanations on the subject:
Still 185,000-215. I think it will be a peak with a good wick in the $000 region. But my goal is not to break the summit.
Kaleo: I will start selling when BTC drops below this level!
Amid the mega-bullish outlook for the leading cryptocurrency, Kaleo said that he will start selling his coins once Bitcoin drops below his price target. Kaleo adds the following to his explanations on the subject:
Basically, my game plan is to be extremely bullish until BTC gets above $150,000. I’ll start out from there and enter the uber downtrend once it drops below $150,000.
Kaleo: Bitcoin will capture the rapid expansion of the tech industry over the past two months
Bitcoin price continues to trade sideways between $30,000 and $40,000, although sentiment is largely bearish, crypto strategist suggests that BTC is correlated with the tech industry. Comparing the Bitcoin price to the NASDAQ 100, the analyst predicts that king crypto will eventually catch up with the tech industry’s rapid expansion over the past two months. Kaleo adds the following to his explanations on the subject:
BTC Against Technology. Most of you will be too lazy to read this, but I think you’ll find some useful data for those who haven’t. Note the two red boxes e.
Bitcoin will catch and fill the gap in the growth we see in technology, and when it does, it will happen quickly.
Kaleo: BTC will surpass it once again at the peak of madness…
According to Kaleo’s chart, the tech industry has been a reliable indicator of Bitcoin’s future price action since the coronavirus-induced selloff in March 2020. He also predicts that the leading cryptocurrency will significantly outperform the technology industry in the next leg of the bull run. Kaleo adds the following to his explanations on the subject:
When they realize that the market is spiraling out of control (aka tech bubble 2.0 narrative)… Bitcoin will catch up with technology and surpass it once again at the height of madness.
Kaleo is an analyst who correctly predicted how the price of Bitcoin would move today 2 years ago. It should be noted that the leading cryptocurrency is following Kaleo’s predictions for Bitcoin in February 2019. Cryptocoin. com, as we previously reported, for more BTC news “Bitcoin Analysis: This Could Be Your Best Option in Today’s Market!” You can review our article.
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