Vinny Lingham Vows to Become a Raging Bull if Bitcoin Price Holds $6,200
By CCN: Not to compare Vinny Lingham to Cinderella, and he’s not about to turn into a pumpkin or anything. But one of the biggest skeptics on the bitcoin price is hours away from turning bullish as the clock ticks closer to midnight.
Lingham had made himself warm and cozy in the crypto winter, so this is a 180-degree turn for him. All kidding aside, the founder of blockchain-fueled identity startup Civic has also been a realist throughout the market downturn. He was never afraid to bet against the crowd even as the rest of the community grasped at straws for a shift in sentiment. For that reason, once Lingham says it’s a bull market, you can pretty much thank your lucky stars there’s nothing stopping the bitcoin price now.
If Bitcoin can hold the $6200 level for the next 24-48 hours, then the bear market is officially over and I’m going to become a raging bull!
— Vinny Lingham (@VinnyLingham) May 10, 2019
The thread piqued the interest of Lingham’s followers, including trader and analyst Luke Martin. He asked the Civic CEO:
“Would a close back below 6200 mean the bull market is over?”
We’re waiting to hear what Lingham has to say. Another Twitter follower asked if “a retrace to $4,200 levels is needed,” in response to which he said:
“It’s needed. But if the market doesn’t do it then I guess it’s not.”
