I'm not trying to make a prediction, because that would make about as much sense as playing roulette at a casino. The only winner is the person collecting the transaction fees.
The latter part is true, but that also includes the middle men making markets in Crypto exchanges as well. If you want to play the game, you have to place your money on the counter in exchange for the medium you believe will increase in value (crypto, real estate, gold, etc.).
But honestly though, if you are not trying to make a price prediction, why be so critical of me for doing so? You can simply ignore it.
This is my prediction - BT will rally until the Coin Base IPO concludes. It will consolidate downwards after the euphoria wears off, perhaps touching $59,900 (like it always does when beaking out) then who knows what it does after that. Fridays price will be in the low $60s or or high $50s.
I would be astonished if it makes it $70,000 this week and even more shocked if it stays there.