- Twitter crypto influencer, PlanB, says Bitcoin long-term trends up.
- Bitcoin hodlers agree and are looking forward to the next push.
- Most analysts expect Bitcoin to set a new all-time high (ATH) this year.
PlanB (@100trillionUSD), a crypto enthusiast and well-known Bitcoin trader says Bitcoin is volatile for short-terms but trends up for the long-term. The analyst is well-respected in the crypto space.
In detail, PlanB posted a screenshot of Bitcoin’s achievements by ATHs over its run from 2013 till now. The image shows every long-term haul that Bitcoin has made so far.
Other Bitcoin believers went wild in the comments. Most of them showed their support for the crypto. On the other hand, some called out the non-believers. More others expressed their concern over losing believers. Meanwhile, others are gearing up to enjoy their gains from the next long haul.
Four days ago PlanB retweeted a tweet that paints a neat picture to how most Bitcoin traders feel. The Tweet says,
“If you panic sold some of your Bitcoin today you should consider leaving Crypto Twitter.”
This original tweet is from a dutch investor living in Canada. He further thanks the non-believers for selling their Bitcoin at a much cheaper price than Bitcoin will ultimately be worth.
Finally, many other analysts agree with this ideology. For instance, finance master Suze Orman, says she won’t sell her Bitcoin “no matter what”.
Additionally, seasoned crypto investors within the sector are expecting the crypto to reach incredible new ATHs. In particular, Celsius co-founder says Bitcoin will reach $160,000 this year.
Some traders say Bitcoin will bounce back to over $80,000 after the recent dip. On the other hand, Nexo’s co-founder says Bitcoin will hit $100,000. Suffice to say, while most traders are differing on the estimate, they are certain that the price of Bitcoin will go up.
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Source: https://coinquora.com/bitcoin-traders-are-in-it-for-the-long-haul/
