March 29, 2021 · Chris Dover

Weekly Crypto Update March 30, 2021

Not one who likes being confused with a cautiously bullish market analyst, earlier this month I put out our core price estimate on BTCUSD of $354 to be the top of this cycle high which is about $300,000 higher from here. 

Updated $BTC price target for this cycle

  • We are only 4/9 months into trend
  • 4-5 months more before we hit parabola
  • parabolic move to 354k
  • I don’t expect 80% drawdown this time

Updated $ETH price target for this cycle

  • We are 1/11 months into this cycle
  • 10 months more
  • 1st measured move target 3029
  • Parabolic move 54k
  • EIP 1559 could make that possible

This week Crypto Derek Zoolander (Aaron) and Crypto Hansel (Chris) #SoHotRightNow

Watch This Weeks Update

💎 Market Review

💎 Dalio thinks the US will ban Bitcoin https://cointelegraph.com/news/hedge-fud-manager-ray-dalio-says-good-probability-of-a-us-bitcoin-ban/amp

💎 FTX Exchange buys naming rights to Miami Heat Arena https://twitter.com/JoePompliano/status/1374412469095989253?s=20

💎 Uniswap v3 release announcement https://www.youtube.com/watch?v=TRJYs7v7gYo&ab\_channel=Bankless https://uniswap.org/blog/uniswap-v3/

💎USDC added to Visa Payment Network https://twitter.com/jerallaire/status/1376493343476187138?s=21