five reasons why bitcoin should be avoided by investors.
The most popular cryptocurrency has so many favorable fundamental and technical factors that "something needs to go really wrong for bitcoin to not appreciate," Bloomberg said. The company said history indicates bitcoin should return to $20,000 in 2020, representing roughly a double from current levels.
"Bitcoin will approach the record high of about $20,000 this year, in our view, if it follows 2016's trend," according to Bloomberg. The maturation of bitcoin, fueled by the growing acceptance of digital currencies, the ability to trade bitcoin futures, and a steady decline in volatility, should keep it tilted toward price appreciation, the research note said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Italy chooses INNBC token over BTC as a preferred means of payment. INNBC the biotech coin with a real world utility in a number of Italian stores accepted as a means of payment with great discounted prices with respect to fiat payment.
WRONG. THATS NOT WHAT BLOOMBERG SAID.
🚀
But what's bitcoin , why i dont buy Gold or silver than bitcoin.? Why i buy fucki*g bitcoin.
joey_terry
Former Future President Bloomberg? Lmao.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pentagon didn't expect Trump to deploy more troops after Esper call - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. The Media thinks WE ARE STUPID ! I think Esper’s Shaggy impersonation last night made that clear.
Source: BusinessInsider - 🏆 729. / 51 Read more »
What do buy ahead of 20%+ stock market rally over the next year: BofA - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Australia is officially seeing its first recession in 29 years - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Congo health ministry confirms at least 4 new EbolaOutbreak Deaths in Western city
Source: BusinessInsider - 🏆 729. / 51 Read more »
Advertisers were having a terrible year, and it just got worse - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🙏 A thin silver lining Those that don't pivot and move with the times will be truly affected. Those that do will prosper.
Source: BusinessInsider - 🏆 729. / 51 Read more »
West African nations brace for coronavirus spike 6 years after Ebola killed 11,000 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😣😣 It's over for Africa In European countries and America how many so far? Only African really?
Source: BusinessInsider - 🏆 729. / 51 Read more »
How this 25-year-old started his own Uber-like barber business - InsiderHow this 25-year-old started his own Uber-like barber business Stop comparing good businesses to Uber that lose 8 billion dollars in 3 months.
Source: BusinessInsider - 🏆 729. / 51 Read more »