The situation and timing of the bull market price of Bitcoin

Bitcoin started to keep 1 million yen level.

There may be many who are paying attention.

I will tell you what is being analyzed that the bull market for Bitcoin is coming again.

Bitcoin prices have risen over the weekend and are currently in the 1 million yen range, but there is increasing expectations that the BTC price may increase substantially in the not so distant future .

Anthony Pompliano, founder of “Morgan Creek Digital”, said that Bitcoin could hit the “bull market” in the next 18 months.

Anthony Pompliano, founder of digital asset management company “Morgan Creek Digital”, is very important for Bitcoin for the next 18 months when he appears on “Bloxlive TV”, a cryptocurrency and blockchain news network. I told you that it was a period.

“Does Bitcoin reign as king in times of economic instability? Mr. Anthony Pompliano told me the idea. “

・ Tension of US-China trade war

Deterioration of policy by the central bank

・ Bitcoin half-life in 2020

Are listed as important factors that have a positive impact on bitcoin prices.

There are multiple events that are likely to occur simultaneously.

Central banks will be forced to cut interest rates and quantitative monetary easing policies.

These events eventually drive Bitcoin to the bull market.

Distrust of the FRS and the Fed has been reported to have risen rapidly in recent years, and among experts who are familiar with virtual currencies and finances, “The demand for bitcoin increases as distrust with the Fed increases. It will be “

US President Donald Trump has repeatedly repeatedly criticized the Fed’s monetary policy, and on Twitter recently, the Fed’s interest rate is too high and it is stupid to tighten. They don’t understand

While the global economy is destabilizing, the demand for bitcoins with pre-defined currency caps is growing further, and such situations become more intense as the problems associated with existing legal currencies become more severe. It is increasing.

If the Fed or central bank announces a new policy, and this raises public dissatisfaction, more money may flow into assets such as bitcoin.

While the value of legal currencies in multiple countries is falling, virtual currencies such as Bitcoin are rising in price as their “half-life” is approaching.

In fact, Litecoin, which has reached a half-life in August this year, has soared by nearly 30% in the past seven days alone.

Pumpriarno predicts that Bitcoin will plunge into a “super bullion” in the next 12 to 18 months as a result of these multiple factors overlapping.

The BTC price temporarily dropped to the 300,000 yen level, but now it has recovered to the 1 million yen level, and since it has begun to show signs of rising again, it will reach a record high of 2,200,000 if it rushes into the bull market. It is possible to go beyond the circle and reach further highs.

How far will the next rising trend extend?

We recommend that you observe it with interest.

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