Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Saturday, September 11, 2021

Bitcoin Price Forecast


Bitcoin's price could surpass 100 000 USD in the next 3-5 years.

Bitcoin is USD 2.0, a global currency, but in electronic from. Yes, regulators are increasingly threatening to regulate cryptocurrencies as evidenced by the news flow in the last couple of days. However, strict regulation will destroy Bitcoin. 

Since Bitcoin is beneficial for governments by increasing the velocity of money, participation in financial services and thus increasing government tax revenue, it is highly unlikely that government agencies will overregulate Bitcoin.

As more institutional asset mangers like hedge funds invest in Bitcoin, the public's trust in Bitcoin and cryptocurrencies will increase which on its turn will drive up Bitcoin's price on more investors putting money in Bitcoin.


Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)