A bullish Brian Kelly of CNBC'south Fast Money said today that Bitcoin's gains may extend to a total year after the halving — which many members of Crypto Twitter immediately took as a major sell signal.

In a Nov. 12 interview on CNBC, Kelly said to host Melissa Lee that the surge of high-profile and institutional investors moving toward Bitcoin (BTC) could mean a bullish future for the cryptocurrency. Asked for a price prediction, he instead said:

"There's a lot of telescopic for upside. Most of the gains that come up are the year subsequently the halvening, and we're 7 months into that year afterward the halvening, and Bitcoin's doing what it should do."

Lee concluded: "So there could exist 5 more months here of pretty good upside."

Rather than existence delighted at mainstream coverage and bullish price predictions, Twitter users were quick to joke that this meant the bull run was over, following the theme that has been circulating amidst Bitcoiners since 2017: E'er do the reverse of what CNBC suggests.

"If these two are telling people to invest, it'due south time for us to sell," said Twitter user "MrDecentralized."

"This is the death knell of Bitcoin," said Crypto Emporium. "It was fun whilst it lasted. $3k here nosotros come." Blockroots founder Josh Rager implored CNBC to: "DELETE THIS TWEET." Others expressed their thoughts in memes, iii-discussion responses similar the "elevation is in" — and disapproval that the "free ride" was over.

Many CNBC predictions on the crypto asset have proven to be less than reliable over the years. In March 2018, after Bitcoin vicious under $x,000, the network tweeted that it was a "buy sign" for the crypto asset. Bitcoin then brutal to nether $seven,000 past April.

At the time of publication, BTC is priced at $sixteen,430, having risen 4.9% in the last 24 hours.

Source: Reddit