Even though BTC prices have dropped 40.48%, from $14,112.20 on Jan. 1 to $8,398.41 today (May 14), we aren’t worried.
Yes, if you jumped in around January and have watched the Bitcoin pricesplummet, you probably have the urge to sell all your coins or avoid the crypto market entirely.
That could be a costly mistake…
There are developments happening right now that could send Bitcoin prices skyrocketing 1,090%. Money Morning Defense and Tech Specialist Michael Robinson is taking a bold stance and predicting Bitcoin prices could hit $100,000.
We’re going to provide all the details on how to access Robinson’s explosive report in just a bit.
But first, we wanted to show current Bitcoin holders just how far the industry has come in such a short time.
It suggests this is just the start of crypto wealth creation…
The Bitcoin (BTC) Revolution Is Just Getting Started
Back in January 2009, Bitcoin came into existence via its mysterious founder (or founders), Satoshi Nakamoto.
Few outside of those working with Nakamoto even knew it existed.
Fast-forward nine years later, to 2018, and we’re in the early stages of a revolution…
Stunning: New Innovation Will Be Like “Adding Twin Turbos to the Bitcoin Engine” – and Could Send Its Price to $100,000. Learn More…
The 1,610 cryptocurrencies on CoinMarketCap.com have a total market cap of $404 billion, making them worth more than Twitter Inc. (NYSE: TWTR), Snap Inc.(NYSE: SNAP), International Business Machines Corp. (NYSE: IBM), and Dell Technologies Inc. (NYSE: DVMT) combined.
Recent 10-k filings from Bank of America Corp. (NYSE: BAC), The Goldman Sachs Group Inc. (NYSE: GS), and JPMorgan Chase & Co. (NYSE: JPM) all listed cryptocurrencies as threats to their businesses.
Facebook Inc. (Nasdaq: FB), the world’s largest social media site, with 2.20 billion monthly active users (MAUs), is “very serious” about launching its own cryptocurrency, according to CNBC.
Financial service platforms like Robinhood and Square Inc. (NYSE: SQ) are racing to let users buy and sell Bitcoin. The Winklevoss twins, of Facebook fame, are pushing the SEC to approve a Bitcoin ETF, which will provide retail investors an easy way to add Bitcoin to their portfolios.
It’s true the crypto coin space is getting crowded, but Bitcoin still has the best name recognition and is one of the easiest to buy.
It’s going to be the coin all new crypto investors are likely to own first.
And remember, we haven’t even hit a decade of Bitcoin being in existence.
Just imagine what could happen in the next 10 years…
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