Bitcoin bull market will peak around October once this price point hits – Kevin Wadsworth

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(Kitco News) – Kevin Wadsworth, co-founder of Northstar & Badcharts, predicts that the current crypto bull cycle will peak between September and the end of October, once techniques confirm a high.

Speaking to Kitco News presenter David Lin, Wadsworth said that in the short term, Bitcoin may see a low of $ 40,000 before peaking in the fall.

“I think the crypto bull market will probably end before the end of the year. All of the crypto charts I have drawn and reviewed vary a bit in time between the third week of September and some of them. them maybe until mid-October or even late October, so there’s this kind of four week window between late September and late October where I would look for the crypto bull market to peak ”, did he declare.

For Wadsworth’s Bitcoin price target and his projections for altcoins, watch the video above. Follow David Lin on Twitter: @davidlin_TV.

Disclaimer: The opinions expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure the accuracy of the information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is for informational purposes only. This is not a solicitation to trade in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article accept no responsibility for any loss and / or damage resulting from the use of this publication.

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