Will Bitcoin have increased by July 2018?

in #bitcoin6 years ago

Past performances cannot ever be taken as 100% accurate for future results, however by looking into bitcoin history, there are been increases from Q2 to Q3 so yes it should go up by July 2018.

However is always good to look into other real factors besides history and numbers and ask the question on what is holding bitcoin back at the moment. Apart from governments and banks pressure and other scandal news (which some are true others not) the real Bitcoin issues are scalability. What has been holding such scalability is exactly the size of the network which influences the time a transaction takes to get confirmed in the network and the high price for transactions fees from transferring bitocin from one wallet to another. Also the size of the blockchain is another set back. These issues were notable in 2017 bullish trend when Bitcoin was booming and the challenges the blockchain had to handle the demand.

However as of this year Network Lightning is being tested as we speak as as well a new way of handle the digital signatures which can dramatically affect the blockchain size and performance. As soon as these will be running as achieved solutions (which will happen apparently very soon) and as China now move to regulate bitcoin rather than ban it, we can indeed see a new growth soon which many predict in different ranges but which I personally believe it can go as high as $35,000 per bitcoinBitcoin_UHD.jpg

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It is a good news If the bitcoin will increase .

To the question in your title, my Magic 8-Ball says:

As I see it, yes

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Thank you sir

Indeed bitcoin has bull run this month of July.