4 Reasons Why Bitcoin Would Cross $5000

in #bitcoin • 7 years ago (edited)

Bitcoin, after facing a dip to as low as $3000 in last month due to China's ban on ICO and Bitcoin exchanges, is now recovering and its price is now above $4500. It is expected that in coming months Bitcoin's price would cross $5000 due to four reasons.

  1. China is going to resume bitcoin trading soon.

  2. Financial assets may go into crisis leading investors to move towards putting their money in Bitcoin.

  3. A regional war in North Korea or South China that could disrupt global trade.

  4. A major Wall Street institution endorses Bitcoin.

#cryptocurrency #crypto #news
7 years ago in #bitcoin by
$0.00
    7 votes
    Reply 4
    Sort:  
  • Trending
    • [-]
     7 years ago (edited)

    did you already put your money where your mouth is and put a bet on "Bitcoin in few months above 5k$"?

    [-]
     7 years ago 

    Well, I personally don't have a single penny invested in Bitcoin. My interest in Bitcoin is only limited to its news and analysis. I know other investments that yield a great return on investment.

    $0.00
      Reply
      [-]
       7 years ago 

      Your post up is impressive. Followed @zeeshantaj

      [-]
       7 years ago 

      @royrodgers has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowponds team on all your posts, simply FOLLOW @minnowpond.

              To receive an upvote send 0.25 SBD to @minnowpond with your posts url as the memo
        To receive an reSteem send 0.75 SBD to @minnowpond with your posts url as the memo
        To receive an upvote and a reSteem send 1.00SBD to @minnowpond with your posts url as the memo
      $0.00
        Reply

        Coin Marketplace

        STEEM 0.19
        TRX 0.12
        JST 0.027
        BTC 64807.94
        ETH 3507.27
        USDT 1.00
        SBD 2.37