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Bitcoin Bull Run Likely

Bitcoin Bull Run Likely

  • July 4, 2018

Bitcoin Bull Run Likely – Cryptocoin Experts and Bitcoin Miners Very Bullish Through 2018.

Experts agree – Bitcoin Bull Run Likely. Bitcoin mining is steadily increasing, blockchain transaction volume is up 10 % and cryptocoin analysts concur on a breakout of price. $50,000 by the end of 2018 is still seen as likely despite recent price fluctuation.

While all of these signs all on their own are very good reasons on their own that a Bitcoin bull run will likely occur through to the end of 2018, we need to look at the recent revalation that anywhere between 600-1000 cryptocoins are dead. CNBC pegs it in the middle at 800. I say good riddance to shitcoins and I think a lot of cryptocoin investors will too. This should bring positive pressure to the price of Bitcoin. Bitcoin Bull Run Likely ? Hell yeah.

I see more and more people exiting altcoins while remaining believers in cryptocoin itself. As crypto investors become more wary of questionable cryptocurrencies, they will seek safer havens like Bitcoin, Litecoin and Ethereum itself. And among all the coins out there – the big and the small – none are bigger than Bitcoin. The skeptics are saying Bitcoin will go to zero but this is unlikely if not impossible.

While investing in Bitcoin is risky due to its volatility and nearly impossible-to-predict price fluctuations, everyone here at CryptoCapers remains bullish on Bitcoin. And, yes, a Bitcoin bull run likely will start soon with an ever-increasing price straight through to the end of the year. A number of cryptocoin experts see BTC at $50,000 by year’s end.

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About Author

Eric Eddy

I’ve been an IT professional for 15+ years. I’m also savvy in investing. I’m currently attempting to merge the two skills into something that resembles a successful venture in Cryptocurrency.