Bitcoin: Lepard Sees $180 Target in Two Years
Bitcoin at $65,737 trades inside Bollinger bands as Lawrence Lepard argues BTC will triple to close the $1.3T versus $30T gold gap.
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Bitcoin sits at $65,737 while Lawrence Lepard argues the $1.3 trillion asset will triple within two years because it offers superior monetary properties to gold at just 4 percent of its market size.
The case rests on lower annual dilution, easier transfer and verification, and the structural need for governments to keep printing. Gold reached roughly $30 trillion last year while BTC lagged, setting up the outperformance Lepard expects once the lag reverses.
Price action on the 4-hour chart shows a bullish structure above the EMA50 at $65,035 and EMA200 at $63,745, yet the MACD death cross at 282.49 signals fading momentum. With price testing the upper Bollinger band at $66,969 while RSI holds neutral at 53.23, a healthy retracement toward the 50-EMA support at $65,035 appears probable before continuation.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast