Bill Baruch of Blue Lines Futures sees the crypto sector as continuing to rise in the long term, with the “ultimate upside” for Bitcoin (BTC) being between $11,500 and $11,800, according to a CNBC video posted yesterday, April 23.
CNBC notes that Baruch “has been right before.” In February of this year, when BTC’s price dropped to below $7000, Baruch had predicted that Bitcoin would “recover from this low.” BTC is now trading at around $9,280, up over 2 percent over a 24 hour period to press time.
https://cointelegraph.com/news/market-strategist-sees-btc-soon-hitting-between-11500-and-11800
