Back to the list

We’ll Never See BTC above $10,000 Again – Bitcoin Hero Hodlonaut


newslogical.com 02 April 2020 05:50, UTC
Reading time: ~2 m

Feline astronaut Hodlonaut who emerged as a Bitcoin hero in the year 2019 while rebutting Craig Wright’s claim that he’s the real Satoshi Nakamoto, the creator of Bitcoin, has just said Bitcoin will never go past $10,000.

Hodlonaut issued the statement via Twitter on April 1, 2020. Hodlonaut is an avid believer and supporter of Bitcoin. He has ever been bullish on the leading cryptocurrency, but his latest assertion seems to confuse a number of persons.

“We will never see Bitcoin above $10k again,” Hodlonaut said.

Nevertheless, other persons have regarded his pessimistic claim about Bitcoin as a hoax considering the fact that today is the April Fool day. They believe that he’s only playing pranks and that is not his true intention for Bitcoin.

Also, another fact that attest to the fact that Hodlonaut is more likely not real about the prediction is that the Bitcoin hero yesterday said his bullishness on Bitcoin grows extensively as the day passes by, reiterating that he will continue to be a strong supporter of Bitcoin.

Every day that passes, I become more bullish on Bitcoin.
It’s been like this for seven years now.
I don’t expect it to stop.

— brrrdlonaut🌮⚡🔑 (@hodlonaut) March 31, 2020

When asked if his latest statement was made to celebrate the April Fool day, Hodlonaut said: “Do I even need to?”

Bitcoin Intraday Price Analysis

Save for the slight uptrend witnessed by Bitcoin over the previous week, there has been no significant sign of recovery from the crypto ecosystem.

Bitcoin and altcoins in the ecosystem continue to be waylaid by the bear as the entire world’s financial market crashes following the outbreak of Coronavirus epidemy.

Although the year started well for Bitcoin and the entire market as Bitcoin managed to surpass $10,000 resistance. However, the month of March was quite devastating. Bitcoin value nosedived, reaching below $4,000 in mid-March.

At press time, a unit of BTC is valued $6,305 with 1.15% value loss in the last 24 hours. Earlier yesterday, Bitcoin tested the $6,500 resistance level before it retraced its steps back to around $6,200.

While the COVID-19 epidemy continues unchallenged, it is quite tough to forecast a bullish prediction for Bitcoin and other crypto-assets.

Back to the list