IF BITCOIN GOES ATLEAST ABOVE $20000 THIS YEAR THEN IT IS A BIG THING FOR US..
BUT DO U BELIEVE THAT BITCOIN REALLY GO TEHRE?
SO IN THIS POST WE ARE TRYING TO FIGURE OUT THE PRICE OF BITCOIN, WHICH CAN GO IN 2018.
ATFIRST I WANT TO TELL U ALL THAT IM NOT A BIG ANALYSER OF CRYPTO,BUT AS MY KNOWLEDGE AND BELIEF I CAN TELL U THAT BITCOIN WILL REACH $20000 EASILY BY THE END OF THIS YEAR.
I FOUND IMPORTANT TWO BIG REASONS FOR THAT:
- INSTITUTIONAL INVESTORS
BITCOIN NEEDS BIG MONEY TO CREATE A ALL TIME HIGH AGAIN.AND IF WE GO THROUGH THE MARKETCAP OF EVERY YEAR,WE MAY SEE THAT EVERY YEAR THE MARKETCAP OF BITCOIN INCREASING RAPIDLY FIRST.BECAUSE BIG INSTITUTIONAL INVESTORS GETTING INTO CRYPTO EVERY YEAR AND IN THIS YEAR IT IS PREDICTED THAT OUR CRYPTO MARKET CAN REACH 1TRILLION MARKETCAP.SO IF THIS HAPPENS THEN BITCOIN NOT ONLY REACH $20000, IT WILL REACH $50K ALSO.
- BITCOIN ETF
Finally, the last major thing which could push the price of bitcoin to new highs is the launching of cryptocurrency-related exchange-traded funds — also known as ETFs.
Crypto-related exchange-traded funds may allow for simpler trading through brokerage accounts, which would also contribute to hiked up prices for Bitcoin and other cryptocurrencies.
So what do u think? how far can bitcoin go this year? Reply with ur prediction in this post.
If u liked this article then please upvote,reply and resteem it.Your little effort will give me more power to write in the future.
thanks a lot.it will keep my motivated