Bitcoin will avoid the risk of global instability

・ Bitcoin has potential to reach $ 100,000

Aslam, an online broker for FX and commodity trades, an analyst at Think Markets, predicted that Bitcoin could reach $ 100,000 in the next bull market.



He also insisted that as of June 17, he would reach $ 10,000 in “one or two weeks” because of the growing demand for institutional investors!

Aslam predicts it will reach somewhere between $ 60,000 and $ 100,000.

“Breaking $ 20,000” and “$ 50,000” are big hurdles, they said they would be $ 100,000.

At the moment, Bitcoin has been steadily increasing prices and not falling significantly.

I am looking forward to what BTC price will be by the end of this year.

We hear that Bitcoin is a risk aversion to global instability, but there are data that support that view.



According to SFox, Bitcoin continues to show high inverse correlation with S & P 500 during May.



Decentralized digital currency still has an inverse correlation with gold Why is this important?

That is not only because Bitcoin had a high inverse correlation in May, but also because the price has risen by more than 50%.

There are few assets in the world that have such uncorrelated, asymmetric profitability.



This is the basis for why institutional investors should invest in crypto assets.



Regardless of their beliefs based on qualitative logic, this data can be very compelling if you believe in modern portfolio theory.



Furthermore, given the uncertainty in the global market, investing in uncorrelated assets can be even more important.



Several trade wars have occurred and the Fed is watching.



Mr. Powell, President of the Federal Reserve, said the following.

“We are talking about recent developments, including trade negotiations and other issues, but we do not know when these issues will be resolved. We carefully monitor the impact of US economic developments. We act appropriately to keep the expansion at an inflation rate close to the labor market and a symmetrical 2% target. “



Yes, the Fed Executive Director publicly stated that the “emergency” measures used in the 2008 global financial crisis will be the norm in the future.

Those means are interest rate reduction and quantitative easing.



In the coming “new common sense” it will be a decentralized digital currency that has started to work well in times of high uncertainty.



The reasons why I can say so are the following situations that I may be thinking about now.

Rate cut

Printing more banknotes (quantitative relaxation)

Trade war

Bitcoin halving

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