Bitcoin could reach $ 6000

in #bitcoin7 years ago

It is expected that Bitcoin will continue to rise until the end of the second fork scheduled for October 25 of this year.

cryptocurrency initiative has been launched in order to restart operations in Japan due to the ICO ban in China. If these tokens meet the criteria that the exchanges will establish, Japan will be a great place to accept the ICOs. BITCOIN.

In my opinion already with the previous experience of the bans of the ICO in CHINA it is obvious that a potential country will not be able to collapse the price of the BTC, may fall but then rise. Today in the morning they lived what they call a crash crash that caused the BTC back about 600 $ for the news that Russia proposes to ban the cryptographic exchange, but then recovered quickly and its value already reached $ 4,900 towards the 5000 $.

At the latest 10-10-2017 today it reaches again the 5000 $ and will continue in increase by diverse factors one of them its next bifurcation.

Why does the bifurcation influence the value of the BTC?

Remember the bifurcation with Bitcoin Cash, for those who had BTC doubled that same amount for that new criptomoneda bone could be said that free money, bureaux de change like Bittrex valued it at the beginning in more than 1000 $, although we do not know the value that will have in Btc Gold many are migrating to BTC and buying to get this extra benefit.

The bitcoin could reach $ 6000 this month and then 2 days after your fork make a correction so I recommend taking your measurements quickly and change to USD and then buy again BTC at a corrected price.

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Source of the image

I appreciate comments and your vote. Until next time

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I agree. Bitcoin will be at 6k USD and we could see it as high as 20k in the near future. As long as the adoption rate keeps up.

This is a friend, the bitcoin arrived to stay.

20% rate of return in one month doesn't sound too bad, but again, that is the best case scenario, isn't it?

What is your prediction after the split? Most of my crpyto-portfolio consists of altcoins at the moment and depending on if there is a big risk of crash after the split I may still decide to obtain more btc.

The intention is to benefit from obtaining more btc and then investing in other altcoins

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