Bitcoin Is Heading For $11,000 - News Summed Up

Bitcoin Is Heading For $11,000


Bitcoin (BTC) is flight/safe haven capital and the global fear of this outbreak is creating demand for BTC. So here is the chart of what we can expect with no shocks cropping up:How the Bitcoin price should move if nothing unexpected happens Credit: ADVFNIt’s hard not to imagine a moonshot happens next but there is nothing to mandate it. Much above $11,000 and BTC will look very exciting indeed. If Bitcoin goes over $11,000 things will look exciting Credit: ADVFNNow something interesting struck me this morning that I hadn’t recognized. There are many forces driving asset price inflation but the best returns are to be had on assets that are in finite supply.


Source: Forbes February 10, 2020 13:40 UTC



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