Bitcoin price is going to jump 25000$ because of India.....,,
Is that true???..
;
Actually , its all depend on 5 july 2018. Supreme Court will announce the result about cryptocurrency.
before 2 month ago, indian Govt. try to banned cryptocurrency in India..
and SC gave 3 month to all users (individuals and private company) who involved in cryptocurrency market.
but after that event some Indian Exchanges file the petition against Indian Govt.
and some exchanges try to collect RTI (Info about Cryptocurrency and thinking of Govt about Cryptocurrency).
After some days in 7 th june 2018 . RTI show the report that govt are not getting any action about cryptocurrency.
and some imp news about crypto is that Supreme court are not against of cryptocurrency .
but they may apply some rules and regulations over cryptocurrency users and exchanges
its means that Govt will get some TAX in the form of GST (18 %)
and they will Legalize the cryptocurrency in India.
It means that , if cryptocurrency will legal in India then the price of Bitcoin and other altcoins will increase Rapidly.
and
if we think about population of India 1.35 billion.
and if even 1 % people will enter in cryptocurrency market. the market cap will increase rapidly after 5 july 2018.
and at the end of 2018 the market cap will over 1 trillion. and the news about Ripple also is very good .
it means that Bitcoin will cross 25000$ at the end of 2018.
so take advantage
and Wait for the news and result of Supreme court
whether cryptocurrency will legal or Banned in India.
i will tell you the News in My Channel.
so dont worry.