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Four reasons why bitcoin price could soar to $6,000 Many experts claim that bitcoin price could be heading to $6,000. Check out the reasons in our article

Four reasons why bitcoin price could soar to $6,000 Many experts claim that bitcoin price could be heading to $6,000. Check out the reasons in our article

Experts do not stint on forecasts about bitcoin, the world«s most popular cryptocurrency. Let's consider some factors that could contribute to this scenario. It is possible that bitcoin price could skyrocket to $6,000 and even higher. However, after the price of bitcoin has smashed through $5,000 recently, some economists» recommendations are worth listening to. Some predict it will soon collapse, calling it a bubble, while others forecast amazing growth prospects for it.

Four reasons why bitcoin price could soar to $6,000 Many experts claim that bitcoin price could be heading to $6,000. Check out the reasons in our article

Bitcoin seeing unprecedented surge in interest

Bitcoin have not lost interest in it even on the back of the Chinese government clamping down on virtual currency activity. Initial coin offerings (ICOs) are taking place all over the world. Vast amounts of money are being spent on cryptocurrencies. Digital assets that compose the global cryptocurrency ecosystem have very well progressed in terms of carving out their own individual niches.

Four reasons why bitcoin price could soar to $6,000 Many experts claim that bitcoin price could be heading to $6,000. Check out the reasons in our article

Safe-haven asset

Bitcoin is considered a safe-haven asset, not being affected by traditional market factors. According to experts, the financial crisis will not ruin the most popular cryptocurrency.

Four reasons why bitcoin price could soar to $6,000 Many experts claim that bitcoin price could be heading to $6,000. Check out the reasons in our article

Wall Street embracing bitcoin

Still, they are about to become a minority. Big Wall Street firms have embraced bitcoin. However, there are also some that are not cryptocurrency fans.

Four reasons why bitcoin price could soar to $6,000 Many experts claim that bitcoin price could be heading to $6,000. Check out the reasons in our article

Bitcoin Gold being rolled out

Existing private keys holding a bitcoin balance at that time will be credited with the same amount of Bitcoin Gold. The bitcoin blockchain is set to hard fork and create a new cryptocurrency called Bitcoin Gold (BTG) by late October — early November.




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