Bitcoin BTC is now over $4000 per coin and it's still a great deal!

in bitcoin •  7 years ago 

If you read my previous post I am in the camp that thinks Bitcoin will reach $10,000 per coin by the year 2020.

The reason is because large institutions are not yet in play. Right now these Whales are the billionaires or private investment groups moving the markets. However once large corporations such as Apple or Amazon get involved you will see Bitcoin hit $10,000. Even at record highs of 68 Billion, Bitcoin can still grow. To put it in perspective Apple is worth 813 Billion and Amazon is worth 465 Billion.

People will start to take profits at these current levels. However before you decide to cash out and celebrate just realize Bitcoin is here to stay. And even though it just set a new all time high, it is just the beginning!

Price Target $10,000.

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Very good.