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Massive Rise in Bitcoin Price in 2020: Hit $50,000 This Year

happy new 2020 year!

Bitcoin hit $50,000 this year? Absolutely. 

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 First of all I want to wish you in new year that you will prosper and achieve financial freedom with Bitcoin and crypto, visit https://10xbitcoin.com/elstaguy  hope all your investments and trading activities will be fruitful! 

Also I want to wish you to stay healthy, have a lot of joy and magic happy moments, have amazing relationships and all your goals and dreams come true! 

The last decade Bitcoin saw over 9,000,000% rise in value and the next decade it could potentially grow to 1 million per 1 BTC if in fact half of money will be in Bitcoin. 

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Looking at the major factors that will drive massive rise in Bitcoin price in 2020: 

1. The German banks now can buy, hold, sell crypto, build crypto products and hold crypto on behalf of their clients! 

This is huge as it’s estimated German banks, brokers, and hedge funds control as much as $3.1 trillion in assets.

Let’s assume crypto becomes viewed as an alternative asset like gold. That suggests we could see as much as $150 billion flow into crypto just from Germany.

As Europe’s financial leader, it’s not too much of a stretch to imagine that where Germany goes, the rest of Europe will follow.

In fact, it’s already starting to happen.

Just two weeks after Germany’s landmark law passed, the $1 trillion Dutch banking giant ING announced it’ll allow its customers to store their crypto assets with the bank.

As broadening crypto acceptance plays out in Europe, if just 1% of all European financial assets find their way into crypto, that’s an extra $230 billion that could ultimately find its way into crypto investments.

So that's just one factor driving demand for crypto.. 

2. Bitcoin halving in May 2020 - Remember, there can never be more than 21 million bitcoins in existence. Issuance is strictly regulated by computer code.

Each halving reduces supply coming to the market. The first halving occurred in 2012, and the second was in 2016. The third will occur in May 2020.

So next year, the bitcoin reward miners receive for confirming transactions on the blockchain will drop from 12.5 to 6.25. Over one year, that’ll drop the supply coming to the market from about 675,000 to about 337,500.

If you’d positioned yourself ahead of the halving in 2011, you could’ve made 11,645%. And if you’d positioned yourself beforehand in 2015, you could’ve made 7,382% on bitcoin.

And with the massive new demand about to enter this market, I believe we can see gains as high as those..

So could Bitcoin hit $50,000 this year? Absolutely. 

Start Making money with Bitcoin and create Massive Wealth

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