Cryptocurrency trade site CoinDesk reported first that a closely-watched Bitcoin price indicator from Crypto exchange Bitstamp has turned bullish and appears to be showing similar moves seen in 2015 ahead of bitcoin’s massive 2017 bull run. There could be a massive Bitcoin price surge on the horizon.
Venture capitalist Tim Draper and Morgan Creek Digital’s Anthony Pompliano are very bullish and continuously talk up the possibility of a long Bitcoin bull run. Tim Draper has recently confirmed his earlier forecast to Isrseli BlockTV that one Bitcoin will be worth $250,000 by 2022: “$250,000 means that Bitcoin would then have a 5% market share of the currency world and I think that may be understating the power of Bitcoin.”
Sven Franssen