Podcasts Technology Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News 389: WHY A $1M BITCOIN IS NEARLY INEVITABLE AND BANNING BTC IS ‘NOT’ POSSIBLE OR EVEN REASONABLE!

389: WHY A $1M BITCOIN IS NEARLY INEVITABLE AND BANNING BTC IS ‘NOT’ POSSIBLE OR EVEN REASONABLE!

Published: Nov. 12, 2020, 3:25 p.m.

Crypto analyst and Bitcoin bull Moon Capital recently went on an epic tweet storm sharing his bullish case on why a $1,000,000+ BTC price is nearly inevitable.

“1/ “BUT THEY WILL BAN BITCOIN.” Let me quickly explain why this threat is HIGHLY overestimated and why it is NOT possible or even reasonable. $1,000,000+ Bitcoin is nearly inevitable.”

In other breaking Bitcoin News today:

“3 Reasons Bitcoin Price Just Hit $16,000 For The First Time Since 2017”

The price of Bitcoin (BTC) surged past $16,000 today, Nov. 12, for the first time in nearly three years.

The momentum of the dominant cryptocurrency is strengthening due to three key major factors.

The main catalysts behind BTC’s rally are the non-overheated derivatives market, repeated retest of $16,000, and the $14,900 whale supply zone.

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