Trader Nachi: Extremely bullish on Bitcoin, expects BTC to break $200,000 in the next 6 to 12 months

ChainCatcher news, according to the latest post from Binance trader Nachi, he stated that he has closed all short positions and fully switched to long perpetual contract positions. He firmly believes that last Friday may have been a key bottom for Bitcoin, and market funds are flowing from gold to Bitcoin.

Nachi remains extremely bullish on the market, expecting Bitcoin to break $200,000 and Ethereum to break $10,000 in the next 6 to 12 months.