Not Bitcoin, This Altcoin Will Rally: David Gokhshtein


Not Bitcoin, This Altcoin Will Rally: David Gokhshtein

David Gokhshtein, founder of Gokhshtein Media, former US politician, made a new statement about the crypto market.

Gokhshtein, recently shiba inu, LUNC and XRP He was posting on Twitter about the leading cryptocurrency this time. bitcoin wrote about. Gokhshtein has doubts that BTC will hit the $100,000 price level this year, but the crypto enthusiast also has some “bullish” expectations.

Not Bitcoin, This Altcoin Will Rally: David Gokhshtein

“I don’t think the Bitcoin price will reach $100,000 by the end of the year”

Gokhshtein said he does not believe Bitcoin could reach $100,000 by the end of 2022; but he also said that he loved “the path he took”. added.

The flagship cryptocurrency started this year at $47,000; However, after the events in Western Europe and the further instability in the financial markets, followed by the rise in energy prices, BTC could not maintain these levels and collapsed. In June, digital gold fell below the $30,000 level. This was preceded by a major rate hike by the US Fed in early May. A few more rate hikes followed by the Federal Reserve and other banks. Ultimately, Bitcoin fell below $19,000 several times, but managed to climb back to $20,000 each time.

On September 5, Gokhshtein said he wanted Bitcoin (traded at $19,700) to drop for “selfish reasons”. told. The reason the crypto enthusiast mentions is probably the desire to buy BTC from the bottom. Yesterday, he made another post that could explain the aforementioned BTC tweet:

“Bitcoin is like a rocking chair – it moves back and forth.”

“I am waiting for XRP to recover”

In an earlier tweet, Gokhshtein said he was “just waiting for XRP to recover.” The phenomenon has been bullish on XRP over the past month, expecting Ripple to beat the SEC in the lawsuit that has been ongoing since December 2020.

XRP

As for Ripple’s potential victory in the lawsuit against the US regulator, Gokhshtein thinks that if the blockchain firm wins, it will skyrocket prices in not just Ripple and XRP, but the entire crypto industry.

You can follow the current price action here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.



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