link882 link883 link884 link885 link886 link887 link888 link889 link890 link891 link892 link893 link894 link895 link896 link897 link898 link899 link900 link901 link902 link903 link904 link905 link906 link907 link908 link909 link910 link911 link912 link913 link914 link915 link916 link917 link918 link919 link920 link921 link922 link923 link924 link925 link926 link927 link928 link929 link930 link931 link932 link933 link934 link935 link936 link937 link938 link939 link940 link941 link942 link943 link944 link945 link946 link947 link948 link949 link950 link951 link952 link953 link954 link955 link956 link957 link958 link959 link960 link961 link962 link963 link964 link965 link966 link967 link968 link969 link970 link971 link972 link973 link974 link975 link976 link977 link978 link979 link980 link981 link982 link983 link984 link985 link986 link987 link988 link989 link990 link991 link992 link993 link994 link995 link996 link997 link998 link999 link1000 link1001 link1002 link1003 link1004 link1005 link1006 link1007 link1008 link1009 link1010 link1011 link1012 link1013 link1014 link1015 link1016 link1017 link1018 link1019 link1020 link1021 link1022 link1023 link1024 link1025 link1026 link1027 link1028

Bitcoin could probably see an all-time high ATH by the end of 2020

Bitcoin could probably see an all-time high (ATH) by the end of 2020,

tweets financial analyst and trader Bob Loukas. His prediction for assets are generally correct to some degree, for example, his predictions for Bitcoin in 2019 trading around $7K range proved correct, causing some excitement around his 2020 ATH prediction.

The reason for a Bitcoin ATH is the global slowdown in central bank movement which would lead to economic stagnation, a prolonged period of little or no growth in the economy, and high inflation. If a slowdown happens, investors  will invest in stable assets, which is not impacted by inflation, for instance, Bitcoin which still is the ‘ digital gold.’ Such a narrative predicts BTC’s sustained rise. Although there may be periods of decline, in general, the situation with the coin is positive. Moreover, there is a growing trend in Bitcoin adoption, as more consumers are entering the Bitcoin market, increasing demand, and thus price.

The Main Contradictions

There are many who still believe Bitcoin won’t be reaching the ATH. The reasoning for this is, first, Bitcoin’s actual use cases may be much more narrowed than thought before. The cost of small payments becomes too high to justify as transaction fees rise. In addition, there is significant potential for government controls or even outlawing. The urge for stronger controls over financial transactions may force policymakers to severely restrict the use of Bitcoin. New Chinese legislation is a vivid example of such a change Eventually, there is a real possibility is the fear that the demand for Bitcoin will decrease and be replaced with a new token.

Article Produced By
Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He is the founder of Blockmanity. He trades cryptocurrencies and holds some but he prefers holding USDT.

https://blockmanity.com/news/bitcoin/bitcoin-will-reach-its-all-time-high-in-2020-tweets-financial-analyst-bob-loukas/

Own A Piece Of Markethive — Lifetime Income Opportunity

Markethive, the first Social/Market Network built on the Blockchain, introduces The Entrepreneur Program

The Entrepreneur program is designed to leverage your system. Your free Markethive system is a market network, like a social network, but with powerful inbound marketing tools integrated into the system. This premier hybrid social network includes news feeds, blogging platforms, video channels, chat channels, groups, image sharing, link hubs, resume, profile page and peer to peer commerce. But more than a social network, we have also delivered to you “Inbound Marketing tools” like broadcasting, capture pages, lead funnels, autoresponders, self-replicating group tools, traffic analytics, and more. Plus, we are built on the Blockchain which allows Airdrops of 500 Markethive Coin (MHV) upon joining and micropayments for using the tools mentioned above. This is all free to you.

The Entrepreneur program is designed to add gold plating to an already stellar and unbelievably valuable system you receive for free.

The Markethive Coin — MHV Consumer Coin
Notably, MHV was listed on the first of many exchanges, including its own exchange [in development] in March in 2019 and is currently valued at $0.18. The Markethive coin will not be dependent upon speculative value as is the case with other cryptocurrencies and platforms, thereby creating eternal economic velocity in the entrepreneur ecosystem within Markethive.

Click here, Markethive is Completely Free To Join

Click here, Markethive is Completely Free To Join