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The Bitcoin post-halving bull run is “tame” compared to previous cycles, according to new analysis from Bloomberg. Per the newsletter, if the BTC price catches up to the pace of 2017, the leading cryptocurrency by market cap will hit at least six-figures this year.
“The 15x price gain in 2017 was about one-third of 2013’s advance. A similar fraction of the 2017 surge would translate to a price just above $100,000 in 2021, and other than Bitcoin’s continued maturation, conditions aren’t much different now.”
In other trending Bitcoin News today: Bitcoin Will Dominate 21st Century, Has Zero Threats to Existence: Michael Saylor
“Bitcoin is the fastest growing, most disruptive force in the world right now, objectively speaking. It went from $0 – $1 trillion in 12 years. That makes it the most disruptive tech in your lifetime, in my lifetime – more disruptive than Amazon, Apple, Facebook and Google, more disruptive than anything in our lifetime.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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