Bitcoin Price Rise Fundamentals - US Elections, Brexit, Low Yuan Pegging and July 2016 Rewards Halving

in crypto-news •  3 years ago

Couple the potentially problematic U.S. Election ( http://bit.ly/25Q5YrM ) with the possibility of Brexit ( http://ind.pn/1UaEOTP ) and the low Chinese Yuan pegged value could spell disaster and lead the global market towards chaos.

brexit
Bitcoin and Gold will most likely be the safe havens of choice if any of the aforementioned scenarios present themselves as seen with the recent move of the Chinese away from their low pegged Yuan over to Bitcoin and crypto currencies. These fundamentals could see the rise of Bitcoin yet again to its heydays of 1000 USD+ price value in the short-term.

Recent polls suggest that there is a 55 percent sentiment toward Britain leaving the EU, should this happen on the 23rd June 2016, there may be a sharp decline in the EUR value shortly after the announcement. It is advisable to possibly hedge against this and move a portion of one's EUR holdings to foreign currencies or safe havens such as gold and Bitcoin, much like the Chinese did when they heard the negative news related to their Yuan.

Bitcoin can be purchased at most online crypto currency exchanges such as UK based Exmo ( http://exmo.thecryptodrive.com ) where you can deposit EUROS via SEPA, Moneypolo, Neteller, OK Pay and Perfect Money and then trade them for Bitcoin or other Crypto Currencies.

If gold is your preference, this Toronto stock exchange listed service may be what you are looking for ( http://goldcard.thecryptodrive.com ), allowing you to easily purchase physical gold online by the gram and have it securely stored in insured vaults of your choice throughout the world in locations such as Switzerland, Singapore, New York and Dubai. Transferring gold holdings between members is free and it is possible to request a Mastercard to swipe worldwide and make retail purchases with your gold bullion.

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thank you!