Bitcoin Is Ready Now For Breakout Past $52,500 Mark

in bitcoin •  4 years ago 

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By the time I had published this post #Bitcoin would probably had broken through these lines of resistance past the $52,500 price resistances. The price remains bullish because it is not breaking down but breaking up as demand for the number one crypto is still high.

Bitcoin is being bought by institutional investors more than retail investors. Soon enough many more institutional investors together with common people will be investing in bitcoin thereby boosting the price more and more and because of that the projected and predicted price will be met.

Some analysts says that the price of Bitcoin will even achieve anywhere from 100K to 600K and beyond and it is not a matter of "if" but "when" which means that time is just a factor here for the price of bitcoin. It also means that if you held your bitcoin from here on out and into the future you will be having a very valuable piece of digital asset.

If you are holding about .1 or even .01 BTC today and will hold it for another ten years from now you will be in a very different financial position because BTC ten years from now could be worth one million per BTC.

The good thing is that time passes quickly especially if you are doing something that you liked in your life then you will realize that Bitcoin already had changed your future into something that you wasn't able to foresee from your younger years.

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