2018-6-19 03:00 |
Bear with us, but could the current low price for Bitcoin mean that Bitcoin is inadvertently more likely to hit $20,000. 00? Put it this way, with the price of Bitcoin sinking to new lows, it is becoming cheaper and cheaper to buy a slice of Bitcoin action.
This in turn will not only encourage new investment, it marks a key point in which institutional investment could begin to ‘experiment’ in cryptocurrency investment.
Of course, large institutions won’t invest when the markets look this bleak, but I guess what we are trying to say here is that with prices low, the current climate provides large institutions a chance to experiment with less risky figures.
Continue reading Does Bitcoins Price Drop Make It More Likely To Hit $20,000? at Crypto Daily™.
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