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RE: Can Bitcoin Really Hit A Market Capitalization of $1 Trillion By 2022?

in LeoFinance4 years ago

We can expect to see BTC reach 50K relatively soon, I believe. It's been 3 years since the previous bull run sent the price to almost 20K. Since then, the price has spent 33 months consolidating. Given BTC history or occasional bull runs, as well as the currently fragile state of most of the economies around the world, we can look for fiat currencies to drop in price, while BTC rises, along with gold, silver, and other cryptocurrencies.

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We can expect to see BTC reach 50K relatively soon, I believe. It's been 3 years since the previous bull run sent the price to almost 20K. Since then, the price has spent 33 months consolidating. Given BTC history or occasional bull runs, as well as the currently fragile state of most of the economies around the world, we can look for fiat currencies to drop in price, while BTC rises, along with gold, silver, and other cryptocurrencies.

It is always very interesting to read your thoughts on BTC, given that you've been following BTC for several years now. I agree with what you've said above. On our own part, as you'd always say, let's hope for the best.

PS: I hope that your blog comes back running again. Cheers!