฿ Bitcoin BTC/USD monthly fundamental Briefing and daily video, November 30, 2020

[Sive Morten]

Good morning,

Here is our new November fundamental report on BTC with price forecasts from Bloomberg, Citibank, JP Morgan. Major events of the month and our view on long-term perspective of cryptocurrencies.

Technical short-term view suggests no deep retracement but upward continuation to major $21070 weekly target within 1-2 weeks from current levels:

 

[ransomevm]

Hi Sive, Thanks for the BTC outlook video. You mentioned investors will start to add some alt coins.
Do you have like 5 good ALT coin suggestion based on their Blockchain technology, fundamental background etc. Let us know your thoughts.

 

[Sive Morten]

Hi Sive, Thanks for the BTC outlook video. You mentioned investors will start to add some alt coins.
Do you have like 5 good ALT coin suggestion based on their Blockchain technology, fundamental background etc. Let us know your thoughts.

Hi, unfortunately not, or better to say - "not yet". Somehow most time I was dived in BTC and its fundamental background. But it seems gradually I have to investigate the new sphere of altcoins as well.
ETH probably will become the 2nd anyway... If you have suggestions - don't hesitate to share with your thoughts.

 

[ransomevm]

Mostly I track Eth and Xrp. But not much idea about the rest. Will be great to hear a blog from you on potential 10 candidates to accumalate as alternatives.

 

[ForexWarrior2020]

ATH has been hit!

 

[soul rebel]

In 2018 I split my crypto investment: BTC (30%) and ETH (70%) with the anticipation a second rally could provide a better return in ETH as it had room to 'catch up'.
As the saying goes....' a high tide raises all ships' I am hoping the institutional demand as well as FOMO kicking in we may see that scenario where demand in ETH will cause a significant spike in the price (because there simply is not enough Bitcoin to meet demand) - at that point I will consider selling my ETH and then look for a suitable buy point in BTC.