Crypto Briefing 12/17/21 - The Forecast

Crypto Briefing 12/17/21

Crypto Briefing 12/17/21

A major reversal should occur in Bitcoin in the days and weeks ahead. If Bitcoin is unable to surpass its all-time high at $69,000 then we would expect money to rotate into altcoins on a much shorter time horizon. However, odds favor cycle extension for Bitcoin, and it still has the potential to rally to $100,000 – $135,000 over the next few months.

Today we would like to highlight another undervalued project named Constellation Networks (DAG). DAG will allow for the creation of a data marketplace as well as provide cyber security for all of the information on the network. Additionally, the network is able to process transactions within seconds and has near non-existent fees. Currently priced at $0.15 we feel that this is an excellent entry point, as its all-time high is three times that at $0.45.

Aside from the cutting edge technology of DAG, they currently are utilized by the United States Air Force. Specifically, of the over 10,000 crypto projects, DAG is one of the few that has government contracts. With that being said, they also have partnerships with Quant and Chainlink. DAG can be purchased on Kucoin.