Post
Topic
Board Bitcoin Discussion
Re: The reasons Bitcoin price increases 10K$ in the short term
by
kezinaur14
on 28/05/2020, 22:12:28 UTC
1. Increased geopolitical uncertainty could spur Bitcoin

2. Bitcoin is like a hedge against negative interest rates

3. Central banks print unlimited money

4. Bitcoin đang trở thành hệ thống thanh toán

5. The Bitcoin derivatives market is flashing a bottom indicator

6. On-chain activity is still bullish

Do you think Bitcoin price will reach $ 10K in June?

Speculation at its best, I personally feel bullish, with the recent goldman sach recommendation NOT to buy btc having the price jump,however, june may not be the month, it can take even longer. I'm going to keep my current position, planning on selling a bit at least on $12k.

Also with the current transaction costs it might not go up as fast as some of us expect