Hey Guys
How are you all ?
Good News for all bitcoin Lover's May Be Market Down in Chinese New Year but Market Again Set in March to April ,
I read a lot of Articles and Analysis Bitcoin Will hit 17K $ Soon .
But i read Good News about Bitcoin may be It's Touch 50K Dollar in the end of Year ,
Clif High continues “The current buyers of the world’s crypto-currency is less than one and half percent but the next cohort that’s coming in is thirteen and a half percent of the population”.
I don't know what number BTC is going to hit. I know that in it's 9 year history anyone that has bet against it has lost out big-time.
There are a lot of new cool technologies around that are eating Bitcoin's old market share but I think that 5+ years from now a 320k Bitcoin is well within the realm of possibility
Summary of this news .
we have been seeing what is described as a crocodile tooth, where the price increases and then falls. But the number of investors is set to considerably increase, as crypto-currencies become more and more mainstream, which will mean that the price will not fall so significantly again.
High believes that Bitcoin will hit $64,000 as early as April, and adds that it will go even higher. Although it would be expected that it would see a 30% drop after the initial high, this will still bring that value of the coin to the mid $40,000’s. He even goes as far to say that we might see it reach in the region of $100,000 this year.
