Is bitcoin going to price million?

Is bitcoin going to price million?

By Kavi | Kavya | 5 May 2020


bitcoin

Bitcoin is now hot news on each and every news channel and social media platform As we know Halving is just near in next 7 days .Bitcoin market cap went from $0 to 162 Billion in 11 years without any support from  government and banking system.

 

I screenshot the price for bitcoin ,now it looks joke 

f6a4f88364cb4e94204545f5f5d49cbab85db941f0c6584f1b4c001b2823d2e2.png

 

lets see all the positive sign to predict bitcoin price in next few years.

1. Can you imagine , Iran also competing with other bitcoin mining oriented country.It issues licence to operate 7.3 Million worth bitcoin mining enterprise which surprise the world about how even Third world country changed its mind for knowing the bitcoin importance .if the Third world country like Iran joins together then no wonder bitcoin will skyrocket in next few month.

2.     All Time High Hash Rate (140 exahash/sec) ? yes you read correctly , recently the movement in hashrate is increased and it shows how all the miners wants to pull more bitcoin before halving take place and not only this but they want to hold bitcoin after mining because they predict massive bull run in next few days .

3. Giant exchanges and wallets; promoting bitcoin halving to grab more traders ,they offering huge offer in favour of trading which was not happened previously during bitcoin halving time . Bittrex increase credit card deposit limit 10000/day , Binance giving huge trading promotional offer , cypto.com  already put ads to get buy bitcoin in 50% discount , TenX just expand the bitcoin debit card to Germany and Austria in overall reaching 90 million customers who can directly use bitcoin card for any transactions .  

4. There are 9 countries where Huge growth in bitcoin interest happening . Nigeria , India , UK, Pakistan ,Australia, Spain ,Canada , Mexico and Colombia  .Overall 43% growth in popularity , just added to bitcoin to make it in more valuable in coming days.

5. Biggest stock market traders moving their funds into crypto market for quick profit in this time zone where global economy is under crisis caused covid-19. As per recent news from different social media , there are millions USDT just minted to pump the crypto market which may be happening in next few days. 

Overall , Crypto market is totally unpredictable about pumping and dumping but on the fact of news we can observe the movement of the market , currently as per tv media , 80% traders thinks to get massive bull run in next few days. 

Most interesting part about bitcoin : look at this screenshot.

a03052959712d8f4450fc8b43e0fbbeb969dae9dfadca85ce37ee10047bb0722.png

Just hold on and watch...

 

 

 

Resources:

https://news.bitcoin.com/

https://news.bitcoin.com/iran-licenses-7-3-million-bitcoin-mining-enterprise-move-aimed-at-easing-u-s-sanctions/

www.global.bittrex.com 

www.coinmarket.com 

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-gold-oil-2020-best-performing-assets-a9492641.html

https://www.thecryptoupdates.com/experts-believe-the-current-bull-run-of-bitcoin-will-break-previous-records/

How do you rate this article?

9


Kavi
Kavi

Chief mentor of 'skill2up.in' and blogging is my passion.


Kavya
Kavya

Hello everyone i am kavya and i love to travel and writing essay, reports and blog.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.