The king of crypto bitcoin just hits $10,000 in three and half days before halving which indicates strong feeling to reach its all time high in next 7 days. i will take some quotes to support my words here , 'The legendary investor Paul Tudor has said that bitcoin is the fastest horse ' which clearly fit and getting more relevant at current time period .
Bitcoin is again getting more attention at this time when global economy is slowdown and investor has no option left to double their invest and major traders all eying to bitcoin with positive direction for investment . As per tv media CNBC , Bitcoin will explode and will be back on its old performance and will create history again after breaking its all time high $19,000 .
Bitcoin also will give opportunities to let grow in price all the alt coins in which ethereum will be predicted to $1000 .If we do complete study of alt coins price in compare of bitcoin then it should be like that :
if bitcoin price is $10,000
then, alt coins will be in price
Ethereum : $1000 approx ( currently undervalued)
Ripple: $0.45 approx (currently undervalued)
Bitcoin cash : $1,200 (currently undervalued)
Litecoin : $92.00 (currently undervalued)
Eos : $8.00 (currently undervalued)
Monero : $120 (currently undervalued)
Ethereum Classic: $22 (currently undervalued)
Dash: $130 (currently undervalued)
Neo: $35 (currently undervalued)
IOTA: $ 1.20(currently undervalued)
These all Data has been considered to be in current market after study coinmarketcap records.
10 grams gold is priced currently $542.45 USD
if we compare with 0.10 bitcoin then
bitcoin : 0.10 priced $995.10 USD
Although bitcoin price is not stable and always jumps and fall but after halving its very hard to predict the price of bitcoin will go below 6 k which still too high if we compare bitcoin price with 1 kg gold .
1 kg gold= $5,420 USD
If we think bitcoin as future money then my this belief has been more strong after covid-19 crisis where we people avoid using monetary bills and go to digital payment but since credit or debit card payment transaction is still not easy and affordable for everyone but crypto currency will be and i am sure in next few years ,we al, will be using cryptocurrency as mode of payment .
Bitcoin breaks your freedom barriers and makes you global in every aspect whether you do business or job ,it makes your life easier.
Bitcoin is the one which revolutionised the crypto market and still leading the market as king , there are lots of good alt coins option in the market with high scalability , security and confidentiality but bitcoin still the king and will be king forever...
Resourcea:
https://www.cnbc.com/world/?region=world
