{"id":142843,"date":"2021-02-17T01:04:03","date_gmt":"2021-02-16T19:34:03","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=142843"},"modified":"2021-02-16T21:24:52","modified_gmt":"2021-02-16T15:54:52","slug":"bitcoin-will-reach-142000-says-craig-wrights-sister","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-will-reach-142000-says-craig-wrights-sister\/","title":{"rendered":"Bitcoin will reach $142,000, says Craig Wright’s sister"},"content":{"rendered":"

While BSV’s Craig Wright (who claims to be Satoshi Nakamoto)\u00a0criticizes<\/a> bitcoin, his sister (also a crypto trader) made a bullish case for Bitcoin. According to Lisa Edwards\u2019 projection, the price of Bitcoin could reach $142,760 in a few years.<\/p>\n

On 16 February, Edwards published a chart on Twitter <\/a>that appeared to predict the aforementioned price target with the help of trend lines.<\/p>\n

\"\"<\/a>
Source: Trading View\/Lisa Edwards<\/a><\/figcaption><\/figure>\n

Edwards explained<\/a> her prediction of Bitcoin\u2019s future price with the help of \u201cElliott Waves<\/a>\u201d (EW) principle, which forecasts trends based on investor psychology. She predicted that the asset would first reach $90,000 this May, after which, the price of Bitcoin will drop to $55,000 in January 2022.<\/p>\n

According to Edwards\u2019 price analysis, Bitcoin will hit the $142,000 range by March 2023. At the same time, Edwards stated<\/a> that the price of Bitcoin is most likely to \u201ctake some time with corrections in between,\u201d before it reaches the said highs.<\/p>\n

However, when one Twitter user asked <\/a>her about what would happen at the end of the so-called supercycle, Lisa Edwards believed that a \u201cbear market\u201d could follow.<\/p>\n

Earlier, analysts at JPMorgan predicted that Bitcoin could surge<\/a> to $146,000 in the long term. Even Guggenheim Global Chief Investment Officer Scott Minerd continues to believe that the price of Bitcoin could reach<\/a> $400,000.<\/p>\n

Contrastingly, Edwards’ brother Craig Wright thinks<\/a> Bitcoin is a Ponzi scheme, but she argued that it wasn\u2019t. Alongside the chart, Lisa Edwards wrote <\/a>that cryptocurrencies are here to stay and that we were only at the beginning stage. She also hoped that the market \u201ccontinues to grow,\u201d but more importantly, Edwards explained:<\/p>\n

\n

Why BITCOIN is not a PONZI is the strong demand within the market currently, and with demand we achieve growth.<\/p>\n

As long as DEMAND is high and increasing, and Bitcoin SUPPLY which we know is fixed or limited, the price will continue to grow.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

While BSV’s Craig Wright (who claims to be Satoshi Nakamoto)\u00a0criticizes bitcoin, his sister (also a crypto trader) made a bullish case for Bitcoin. According to Lisa Edwards\u2019 projection, the price of Bitcoin could reach $142,760 in a few years. On 16 February, Edwards published a chart on Twitter that appeared to predict the aforementioned priceContinue reading “Bitcoin will reach $142,000, says Craig Wright’s sister”<\/span><\/a><\/p>\n","protected":false},"author":34,"featured_media":142847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,20],"tags":[],"class_list":["post-142843","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-trading-view"],"acf":[],"yoast_head":"\nBitcoin will reach $142,000, says Craig Wright's sister - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Lisa Edwards' price analysis found that Bitcoin will hit $142,000 by March 2023 and that this mark could \u201ctake some time" to reach.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bitcoin-will-reach-142000-says-craig-wrights-sister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin will reach $142,000, says Craig Wright's sister - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"While BSV's Craig Wright (who claims to be Satoshi Nakamoto)\u00a0criticizes bitcoin, his sister (also a crypto trader) made a bullish case for Bitcoin.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/bitcoin-will-reach-142000-says-craig-wrights-sister\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-16T19:34:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/02\/space-shuttle-2690279_1280.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alisha Roy\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/reporteralisha\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alisha Roy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/\"},\"author\":{\"name\":\"Alisha Roy\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/4ac3cc6b13b31aee74a8cfe6a269f2ce\"},\"headline\":\"Bitcoin will reach $142,000, says Craig Wright’s sister\",\"datePublished\":\"2021-02-16T19:34:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/\"},\"wordCount\":323,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/02\\\/space-shuttle-2690279_1280.jpg\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-will-reach-142000-says-craig-wrights-sister\\\/\",\"name\":\"Bitcoin will reach $142,000, says Craig Wright's sister - 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