Bitcoin Could Go ‘To $150K,’ Says Crypto Veteran Lark Davis, Shares Exit Strategy: ‘Don’t Buy Forever’
From Nasdaq:
Cryptocurrency YouTuber Lark Davis shares bullish predictions for the Bitcoin market, suggesting a potential surge to $150K in the next bull market. He also reveals his exit strategy and tips for navigating the market cycle. In an interview, Davis discusses his early altcoin investments, ETFs, and the factors driving Bitcoin’s potential rise.
Davis warns against setting rigid price targets and shares tips to capitalize on the bull market, including managing risk during periods of market euphoria. He emphasizes the need for a well-structured exit plan and cautions against being reactive once the market gets volatile. Davis also outlines the potential impact of Bitcoin ETFs on market liquidity and investment.
According to Davis, Bitcoin’s price could reach $150,000 this cycle due to ETFs, but he warns against having a rigid price target that you won’t sell under. He also shares his exit strategy for the bull market and provides tips for managing volatility and making profitable buy and sell decisions within the market cycle.
Read more: Bitcoin Could Go ‘To $150K,’ Says Crypto Veteran Lark Davis, Shares Exit Strategy: ‘Don’t Buy Forever’