The cryptocurrency market at large is filled with opportunities as well as surprises, during the just concluded bullish run it was projected that bitcoin would get to a six figure as regards market price. Here we are in the current crypto climate as bitcoin is selling slightly above it’s all time high two years ago.
A Bloomberg strategist is dwelling on the fact that this is possible for bitcoin as bitcoin is on the right path in achieving this amidst the current crypto climate. In he’s words he said that;
“A Matter of Time? $2,000 Gold, $100,000 Bitcoin, $50 Crude Oil –
The energy spike is proving its own worst enemy, with macroeconomic implications that may buoy gold and help Bitcoin transition toward a high-beta version of the metal and Treasury bonds.”
Making a comparison between the digital gold asset as it is referred as to the actual gold price saying that the deflationary will affect the price of both commodities sending them to $100,000 and also for gold $2,000 per ounce.
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Also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.
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Twitter:Hironakamura
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