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ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin (BTC) will hit somewhere between $60,000 and $100,000 during its next bull run, according to a Fox Business interview on June 24.

ThinkMarkets chief market analyst Naeem Aslam predicts that bitcoin (BTC) will hit somewhere between $60,000 and $100,000 during its next bull run, according to a Fox Business interview on June 24.

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Bitcoin has set a new price high for 2019, reaching as high as $11,304 today before conceding a short-term period of profit taking.

Bitcoin has set a new price high for 2019, reaching as high as $11,304 today before conceding a short-term period of profit taking.

Therefore, the biggest macroeconomic picture looks bright for bitcoin investors who are dumping ever-depreciating fiat currencies for hard-capped “digital gold.”

What’s more, investors are starting to not only realize that bitcoin’s supply is fixed and transparent, but it’s also the world’s first neutral, open-access money that no authority can control.

In other words, what the internet did to information, bitcoin is starting to do to money.

Therefore, the biggest macroeconomic picture looks bright for bitcoin investors who are dumping ever-depreciating fiat currencies for hard-capped “digital gold.”

What’s more, investors are starting to not only realize that bitcoin’s supply is fixed and transparent, but it’s also the world’s first neutral, open-access money that no authority can control.

In other words, what the internet did to information, bitcoin is starting to do to money.

The upcoming reward halving may leave a bigger supply deficit if Facebook’s cryptocurrency Libra ends up boosting bitcoin’s appeal and adoption rate as predicted by some observers.

The upcoming reward halving may leave a bigger supply deficit if Facebook’s cryptocurrency Libra ends up boosting bitcoin’s appeal and adoption rate as predicted by some observers.

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ANALYSIS TECHNICAL

Bitcoin Price (BTC) Jumps 10%: Road To $12K Now Wide Open.
Bitcoin price rallied recently above the key $10,000 resistance area against the US Dollar.
The price is currently trading well above the $10,600 level and it could continue to climb in the near term.
There is a key bullish trend line forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair is likely to rally further above the $11,000 mark to register a solid uptrend.

ANALYSIS TECHNICAL

Bitcoin Price (BTC) Jumps 10%: Road To $12K Now Wide Open.
Bitcoin price rallied recently above the key $10,000 resistance area against the US Dollar.
The price is currently trading well above the $10,600 level and it could continue to climb in the near term.
There is a key bullish trend line forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair is likely to rally further above the $11,000 mark to register a solid uptrend.

Good news as bitcoin’s price soared above $10,000 on cryptocurrency exchanges for the first time in 15 months. The price hopped the $10K barrier at 7:35pm Eastern Time.

Good news as bitcoin’s price soared above $10,000 on cryptocurrency exchanges for the first time in 15 months. The price hopped the $10K barrier at 7:35pm Eastern Time.

Check the Bitcoin price at any time and be ahead in a single click of a mouse. Information is power. It drives business strategy.

https://bitannouncer.com?rx=53725

Bitcoin will see another peak followed by a bear market, one cryptocurrency industry expert suggested as the price nears $10,000.

Check the Bitcoin price at any time and be ahead in a single click of a mouse. Information is power. It drives business strategy.

https://bitannouncer.com?rx=53725

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