Double Peak Theory & Our Dec 2021 Bitcoin & Ethereum Forecast
The trillion dollar question is whether there will be a second peak for crypto markets later in 2021. We think so. In this issue we introduce Double Peak Theory and the on-chain signals that show we have likely bottomed and are on our way up to new All Time Highs (ATHs) in 2021. Double Peak Theory states that just like Bitcoin in 2013 and Ethereum in 2013, we will see a second peak in the Fall AFTER a temporary 50%+ pullback mid-year. But what could these new highs be? We are forecasting Bitcoin (BTC) will pass $100k by the end of 2021 and Ether (ETH) will reach $7k+. Listen to understand why we expect to see a massive Fall 2021 in crypto -- and the drivers of this big move. Since the June 26 bottom that we called, BTC is up 14% from $30,184 to $34,294 and ETH is up 32% from $1719 to $2275. We’re not fully out of the woods yet, but now is the time to invest. ==== Subscribe to our free newsletter for smart crypto investors at coinstack.substack.com Join our Telegram Channel at t.me/thecoinstack