Bitcoin jumped +4.50% up - market update -- it will jump $250,000 by 2022 Billionaire Tim Draper bullish on it
Hey
Steemian friends
hope you are in tight possition ..
Again Bitcoin jumped +4.50% today itself. Now at the time of writing this article
Bitcoin trading @ $6709.99$
Lets have some market analysis ... first...
Lets have an look on OHLC data
OPEN= 6493.11
HIGH= 6774
LOW = 6492
CLOSE = 6709.98
It is just Touched 50 DMA an important moving average and after touching it just trading near it area some times..
It was struggled @ $6527 level after breaking this level it goes upto.... $6707.47 which is really really good for crypto market. As Bitcoin is one of the Giant on on crypto market.
lets have look on Crypto Heat map
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all are in green and green...
Bitcoin +4.50%
ETH- +8.21%
BCH +12.24%
XRP +54.23%
LETS HAVE some news ....
Tech Billionaire Tim Draper bullish on bitcoin stating it will might be $250,000 by 2020
On his words....
***>Believe It, It’s Happening near - 2022 ***
Tech billionaire Tim Draper stands by his bitcoin price target of $250,000 for 2022. Despite the recent slump, Draper remains undeterred in his enthusiastic outlook for the largest virtual currency by market cap.
“This is going to be so big, so if you see a dip [in prices], jump in,” Draper told TheStreet at the 2018 Crypto Finance Conference in Switzerland. “Maybe it will dip further, but boy, I made that prediction and I’m sticking to it. $250,000 by 2022 for bitcoin.”
After a massive spike in 2017, BTC prices tumbled 50 percent in 2018. Despite the recent bear market, crypto’s profile has never been higher, and the industry continues to expand.
In April 2018, Draper generated countless headlines after boldly predicting that bitcoin would soar to $250,000 by 2022, as CCN has reported. And nothing has happened to change his outlook.
“They’re going to think you’re crazy, but believe it,” he said. “It’s happening and it’s going to be awesome!”
Draper has an impressive track record with predicting bitcoin price movements, so it’s hard to dismiss any forecast he makes.
In 2015, the venture capitalist accurately predicted that bitcoin would top $10,000 by the end of 2017. BTC soared above $13,000 on December 31, 2017.
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Thanks for reading this article Have a nice day......
Regards @amusdnom
Nice dear!!
I am very bullish on BTC as well.
But $250k mark looks difficult even if a billionaire predict it. However, It can reach even more if bears stop pushing prices down.
By 2022 it not so difficult...
As it 2018 to 2022 4 years can do lots of changes.
ETFs can be approved within a few months..
250k a coin isn't that ridiculous. That would bring bitcoin in line with total gold valuation. It really seems inevitable to me as bitcoin is superior to gold as a money.
Weee! We gonna be rich! :-D
Who knows What happens in next when bitcoin was in 1000$ level it was rose upto $23000+++
level in 2017 so nobody knows in five years span it could have rose upto $250K mark also..
Where have I heard that before ? I thought 1 Million ?
Posted using Partiko iOS
Hi @offgridlife
it was really cool
Tech Billionaire Tim Draper was predicted earlier in bitcoin move for 2017
I would say that since people are so interested in bitcoin will rise in price until the clouds so I think the best time to buy it was when I was low at the moment what I would do would be to wait a little higher and sell
Yo diria que ya que las personas estan tan interesadas en el bitcoin subira de precio hasta las nubes por eso pienso que el mejor momento de comprarlo fue cuando estaba bajo en estos momentos yo lo que haria sera esperar que suba un poco mas y vender
Right agreed.....with you
for small trader it should have to maintain for successful trading habit.
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Thanks......